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Re: News Release - Wednesday, September 10, 2008
Crowflight Discovers Two New Zones Of Mineralization Near
Past-Producing Manibridge Mine
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CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture
Exchange: CML) is pleased to announce results from exploration
activities conducted in partnership with Pure Nickel Inc. (TSX: NIC)
near the past-producing Manibridge Nickel Mine. The program, initiated
in June of 2008, focused on the investigation of several high caliber
nickel exploration targets located near the site of historical mining
activity conducted by Falconbridge Ltd. during the early 1970s on the
property.
Drilling has resulted in the discovery of two nickel zones located
within 400 metres of past production and has confirmed an extension to
the Manibridge deposit itself at depth. Assay results from the program
include: 16.75 metres grading 1.38% nickel from hole MN08-01, 5.45
metres grading 1.18% nickel from hole MN08-02, and 6.3 metres grading
1.37% nickel from hole MN08-04. Table 1 summarizes all assay results
from the drilling program.
Table 1. Summary of Assay Results
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Hole-ID From To Width Width Ni%
(m) (feet)
MN08-01 134.10 137.26 3.16 10.37 0.95
and 169.50 186.25 16.75 54.95 1.38
incl. 177.25 186.25 9.00 29.53 1.51
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MN08-02 438.25 443.70 5.45 17.88 1.18
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MN08-03 Hole Lost in Casing
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MN08-04 434.86 465.78 30.92 101.44 0.95
incl. 455.20 461.50 6.30 20.67 1.37
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MN08-05 No significant results
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MN08-06 No significant results
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Intersection intervals reported are core lengths, actual true widths
are unknown at this time but are generally 70% to 80% of core length.
Once known, true widths will be calculated for each intersection. These
could vary somewhat from time to time as the zones are re-interpreted
thereby altering the geometry.
The objective of this phase of the program was to identify new
occurrences of mineralization associated with interpreted extensions to
the Manibridge mine stratigraphy. Crowflight's V.P. Exploration, Greg
Collins commented on the results of the summer program stating: "We are
pleased with the results from our first investigations near Manibridge
as we continue to identify new sources of potential mill-feed proximal
to our operations at the Bucko Lake Nickel Project. Additional drilling
in these areas is required to assess the resource potential of the
intercepted mineralization, but for now the future looks promising near
Manibridge."
Discussion of Results
MN08-01 - Intersected 16.75 metres grading 1.38% nickel including 9.0
metres grading 1.51% nickel associated with a new, near surface zone
located approximately 300 metres north of past production at
Manibridge. This zone remains open for expansion to the south and at
depth.
MN08-02 - Intersected 5.45 metres grading 1.18% nickel that occurs 50
metres below anomalous mineralization intercepted by historical
drilling from underground drilling in exploration drift at Manibridge.
This zone remains open for expansion at depths below 300 metres
vertical.
MN08-03 -- Hole was lost in casing at depth of 141 metres.
MN08-04 -- Intersected 6.30 metres grading 1.37% nickel within broader
zone grading 0.95% nickel over 30.92 metres. This intercept confirms
than an extension of the Manibridge trend is open at vertical depths
below 400 metres and that a recently modelled interpretation for the
plunge of the deposit to the north, away from previously investigated
areas may be correct.
MN08-05 - Intersected key nickel hosting ospwagon stratigraphy and
ultramafic rocks in the vicinity of the targeted magnetic feature but
did not encounter any significant nickel mineralization. Based on the
magnetic model and the drilling results, greater thicknesses of
ultramafic would be expected if additional drilling was to be completed
south of this hole.
MN08-06 -- Intersected magnetic gneiss associated with what is
interpreted to be key nickel hosting ospwagon stratgraphy explaining
targeted anomaly. No significant nickel values returned.
A total of six holes comprising 2,496 metres were completed. All holes
will be probed using downhole time domain EM geophysical instruments in
preparation for a program of follow-up drilling to commence in the
coming months. The Manibridge property is located approximately 20
kilometres south of Crowflight's mine and mill complex located at Bucko
Lake, near Wabowden, Manitoba. Please refer to Figure 1 for a map
depicting the location of the Manibridge Property and Figure 2
depicting the location of the discovered mineralization relative to
previous drilling and past production at Manibridge.
Qualified Person/Quality Control Procedures
This press release has been prepared and reviewed by Mr. Greg Collins,
P.Geo (APGO/APEGM), a Qualified Person under the National Instrument
43-101 guidelines. Fire assays were performed at the ALS-Chemex
laboratory in Vancouver on all the samples for Gold and PGEs which
undergo an ICP-AES finish and Sodium Peroxide Fusion. All other metals
undergo an ICP-AES finish. Standards and blanks are submitted with each
sample batch.
Crowflight Minerals - Canada's Next Nickel Producer
Crowflight Minerals Inc. (TSX-V: CML) is a Canadian junior mining
exploration and development company focused on nickel, copper and
Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and
Sudbury Basin. The Company currently owns and/or has under option
approximately 800 square kilometres of exploration and development
properties in Manitoba and Ontario.
Crowflight's priority is to bring the fully-funded Bucko Lake Nickel
Project located near Wabowden, Manitoba into production by the third
quarter of 2008.
Cautionary Note on Forward-Looking InformationExcept for statements of
historical fact contained herein, the information in this press release
constitutes "forward-looking information" within the meaning of
Canadian securities law. Such forward-looking information may be
identified by words such as "plans", "proposes", "estimates",
"intends", "expects", "believes", "may", "will" and include without
limitation, statements regarding projected mineralization; and
objectives, costs and schedules of proposed exploration programs. There
can be no assurance that such statements will prove to be accurate;
actual results and future events could differ materially from such
statements. Factors that could cause actual results to differ
materially include, among others, metal prices, competition, risks
inherent in the mining industry, mineralization projections not being
realized and regulatory risks. Most of these factors are outside the
control of the Company. Investors are cautioned not to put undue
reliance on forward-looking information. Except as otherwise required
by applicable securities statutes or regulation, the Company expressly
disclaims any intent or obligation to update publicly forward-looking
information, whether as a result of new information, future events or
otherwise.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Further information is available on the Company's website at
www.crowflight.com or contact:
Mike Hoffman
President and CEO
Crowflight Minerals
Tel: (416) 861-2964
Heather Colpitts
Manager, Investor and Public Relations
Crowflight Minerals
Tel: (416) 861-5803
info@crowflight.com
Figure 1. Location Map:
http://www.crowflight.com/i/maps/2008-09-10_NR-4.gif
Figure 2. Manbridge Mine Horizon - Longitude Section Looking West:
http://www.crowflight.com/i/maps/2008-09-10_NR-5.gif
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Copyright (c) 2008 CROWFLIGHT MINERALS INC. (CML) All rights reserved.
For more information visit our website at http://www.crowflight.com/
or send mailto:info@crowflight.com
Message sent on Wed Sep 10, 2008 at 6:54:33 AM Pacific Time
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