🕐04.03.11 - 19:54 Uhr
El NiƱo Ventures Appoints Colin Bird to Advisory Board
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Re: News Releases - Friday, March 04, 2011
El Nio Ventures Appoints Colin Bird to Advisory Board
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March 4, 2011 Vancouver, Canada -- El Nio Ventures Inc.
("ELN" and the
"Company") (TSX.V: ELN; FSE: E7Q) is pleased to announce the
appointment of Mr.
Colin Bird to its Advisory Board.
Mr.
Birds mandate
will be to assist the Company in seeking and evaluating new project
alternatives throughout Africa in base metals and gold.
Mr.
Bird has over 40 years of experience in the mining industry and is
a UK Chartered Mining Engineer.
He has spent the formidable part of his
career in the mining sector, holding senior management positions in
coal, gold, nickel and industrial metal companies.
In the early 1990s,
Mr.
Bird worked in corporate finance and was the Managing Director of
Lion Mining Finance Limited and Lion Capital Corporation Limited based
in London, UK.
In the late 1990s he was responsible for advising
several successful mining companies and was the founder of Jubilee
Platinum plc and Kiwara Resources.
He was also involved in a number of
public issues in Europe and South Africa.
He is currently Non Executive
Chairman of Jubilee and Executive Director of SacOil Holdings Limited
in South Africa.
Harry Barr, Chairman stated, "We are very pleased to have Colin join
the Advisory Board.
Colins attributes go far beyond his technical
abilities as he also has extensive experience in Project acquisitions,
fund raising and business development.
Furthermore, his experience will
be invaluable in further implementing our strong growth through
acquisition strategy".
Mr.
Bird will join a growing team of professionals with a wealth of
experience in all aspects of mining including geologists, engineers,
and corporate finance advisors who have spent their careers guiding
mineral exploration companies from grass roots exploration through to
production with a specific emphasis on base metals and gold.
About El Nio Ventures Inc.
El Nio Ventures Inc.
is an exploration company, focused on exploring
for Copper/Cobalt in the Democratic Republic of Congo ("DRC").
In
addition the Company had entered into an Option agreement with
Votorantim and Xstrata Zinc whereby Votorantim, by incurring
exploration expenditures of $10 million over a period of 5 years.
Votorantim may further elect to increase its interest to 70% by
spending another $10 million over an additional two years.
The
Votorantim option is on an extensive land package in the Bathurst
Mining Camp that ELN currently shares 50/50 with Xstrata Zinc Canada.
In February 2011, ELN announced that a $5 million exploration program
has begun consisting of airborne and ground geophysics and will include
a 10,000 metre drill program which is slated for commencement in the
spring of 2011.
(See press release dated February 23, 2011).
In January 2011, ELN announced that it has provided notice Votorantim
Metals Canada Inc.
(Votorantim) to enter into an Option Agreement on
the Murray Brook Polymetallic Deposit, situated in the Bathurst Mining
Camp in New Brunswick, Canada.
(See press release dated January
20,2011).
El Nino continues to aggressively review new projects in base
metals and gold to add to its growing project portfolio.
On Behalf of the Board of Directors
"Harry Barr"
Harry Barr, Chairman and Acting CEO
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Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Note: this release contains forward-looking statements that involve
risks and uncertainties.
These statements may differ materially from
actual future events or results and are based on current expectations
or beliefs.
For this purpose, statements of historical fact may be
deemed to be forward-looking statements.
In addition, forward-looking
statements include statements in which the Company uses words such as
"continue", "efforts", "expect", "believe", "anticipate", "confident",
"intend", "strategy", "plan", "will", "estimate", "project", "goal",
"target", "prospects", "optimistic" or similar expressions.
These
statements by their nature involve risks and uncertainties, and actual
results may differ materially depending on a variety of important
factors, including, among others, the Companys ability and
continuation of efforts to timely and completely make available
adequate current public information, additional or different regulatory
and legal requirements and restrictions that may be imposed, and other
factors as may be discussed in the documents filed by the Company on
SEDAR (www.sedar.com), including the most recent reports that identify
important risk factors that could cause actual results to differ from
those contained in the forward-looking statements.
The Company does not
undertake any obligation to review or confirm analysts expectations or
estimates or to release publicly any revisions to any forward-looking
statements to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
Investors should not
place undue reliance on forward-looking statements.
This email should not be construed as an offer to buy or sell
securities of El Nio Ventures Inc.
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Copyright (c) 2011 EL NINO VENTURES INC.
(ELN) All rights reserved.
For more information visit our website at
http://www.elninoventures.com/ or send mailto:
Message sent on Fri Mar 4, 2011 at 10:30:20 AM Pacific Time
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