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El Nino Ventures
El Nino Ventures Inc. (ELN) is an international base metals exploration company currently focused on developing projects in New Brunswick, Canada and the Democratic Republic of Congo (DRC).
In New Brunswick, we are currently working with Votorantim (2nd largest mining company in Brazil, with business interests in more than 20 countries. In Canada Votorantim operates through its subsidiary Votorantim Metals Canada (VMC)).
The Murray Brook project, which has an excellent infrastructure, is the fifth largest massive sulfide deposit in the Bathurst Mining Camp. VMC can earn up to a 50% interest in the Murray Brook Project by funding $2,250,000 of exploration expenditures over a period of 3 years. ELN has elected to participate by paying 50% of VMC's exploration costs. VMC and ELN have a second option to acquire a further 20% by incurring an additional $2.25 million in exploration costs.
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