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Article: El Nino Ventures options Bathurst project to Votorantim Metals Canada Inc.
- Article from:
- Science Letter
- Article date:
- August 4, 2009
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El Nino Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN; Frankfurt: E7Q) is very pleased to announce that Votorantim Metals Canada Inc. (Votorantim) has elected to enter into a Memorandum of Understanding (MOU) with the Company concerning a geological due diligence and subsequent option Agreement whereby Votorantim may elect to earn up to a 70% interest in 1805 mineral claims in the Bathurst Mining Camp, New Brunswick, in which ELN owns 50% interest and Xstrata Canada Corporation - Xstrata Zinc Canada Division (Xstrata Zinc), owns 50% interest (see also El Nino Ventures Inc.).
Votorantim Metals Canada Inc. is a subsidiary of Votorantim Metais which is part of ...