El Nino Ventures Inc. (ELN.V) announced the results of an NI 43-101 preliminary economic assessment for the Murray Brook polymetallic massive sulfide deposit, New Brunswick.
Harry Barr, CEO, said: "There is excellent potential to further enhance the projected economics of the project, through continued refinements in metal recoveries as well as the potential to augment existing resources by achieving an exploration success on the adjacent Camel Back claims."
ELN was up about 17% to $0.035 but is still shy of 52-week high 14 cents.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
