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Cours Or & Argent

Crowflight Mineral Inc.

Publié le 23 avril 2008

Discovers New Zone Of Mineralization At M11A North; Intersects 26.7 Metres Grading 1.30%

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Mots clés associés :   Canada | Copper | Nickel | Palladium |
======================================================================
Re: News Release - Monday, April 21, 2008
Crowflight Discovers New Zone Of Mineralization At M11A North;
Intersects 26.7 Metres Grading 1.30% Nickel
======================================================================

CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture
Exchange: CML) today announced further assay results from its 2008
winter drilling program that recently concluded in the Thompson Nickel
Belt, Manitoba.

Exploration diamond drilling has intersected what is interpreted to be
a new zone of nickel sulphide mineralization located beneath the M11A
North deposit, approximately 4 kilometres north of the Bucko Lake
Nickel Deposit (Bucko) that is currently under development. Of
particular note is Hole M08-03 that intersected 26.7 metres (87.5 feet)
grading 1.30% nickel including 5.76 metres (16.6 feet) grading 3.06%
nickel.

In addition to encouraging results at M11A North, Crowflight has
intersected additional nickel mineralization at its Halfway Lake
deposit. Please refer to Table 1 for a summary of results received to
date and Figure 1 for a map depicting the location of drilling.

Greg Collins, Crowflight's Vice President of Exploration, commented on
the results stating: "The results from hole M08-03 represent some of
the highest grade mineralization over the longest interval that we have
encountered at M11A North to date. In 2007, work near M11A focused on
establishing a NI 43-101 compliant Inferred Resource following the
initial discovery of the deposit in 2006. Hole M08-03 appears to have
intersected a new Lower Zone of mineralization located beneath the
known resource that remains open along strike and at depth. Overall,
results from the 2008 winter exploration program continue to
demonstrate the potential for resource additions near Bucko and provide
new options for Crowflight to support future expansion or extended mine
life at its Bucko operations."


Table 1.

Winter 2008 Exploration Program - Summary of Assay Results To Date

----------------------------------------------------------------------
------
----------------------------------------------------------------------
------
Core Core
Drill Hole From To Length Length Nickel Copper
PGE's(1)
---------- ---- -- ------ ------ ------ ------
--------
(metres) (metres) (metres) (feet) (%) (%)
(gpt)

M11A Zone
M08-03 357.05 383.73 26.68 87.5 1.30 0.06
0.41
Incl. 357.05 360.05 3.00 9.8 2.24 0.14
0.75
Incl. 374.54 380.30 5.76 18.9 3.06 0.16
1.02
M08-02 no significant assays

Apex Target
AP08-01 no significant assays
AP08-02 no significant assays

Bucko North
BX08-01 321.47 330.00 8.53 27.99 0.45 0.02
0.05
BX08-02 no significant assays

Halfway Lake
HW08-01(2) 348.20 351.60 3.40 11.2 0.90 0.08
0.11
And 366.00 370.00 4.00 13.1 0.69 0.05
0.13
HW08-02(2) 334.22 347.25 13.03 42.7 1.58 0.09
0.26
Incl. 334.22 339.45 5.23 17.2 1.76 0.07
0.24
Incl. 338.45 339.45 1.00 3.3 2.44 0.05
0.23
HW08-03 no significant assays
HW08-04 183.62 199.23 15.61 50.1 1.03 0.06
0.16
Incl. 198.82 199.23 0.41 1.3 8.35 0.03
2.15
HW08-05 135.66 139.00 3.34 10.7 1.16 0.09
0.16
HW08-06 181.98 182.28 0.30 1.0 5.11 0.27
0.63

----------------------------------------------------------------------
------
----------------------------------------------------------------------
------

(1) Combined platinum and palladium values

(2) Previously reported results - see press release dated February 29,
2008

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 are calculated for each intersection. These could vary
somewhat from time to time as the zones are re-interpreted thereby altering the
geometry.


During the 2008 winter program, Crowflight completed 21 drill holes for
a total of 8,200 metres and has received assay results for 12 holes
thus far. Results from the remaining nine holes will be released over
the coming weeks as assay results become available. Crowflight will
also be updating the resource estimates on its Halfway Lake, Apex and
M11A deposits as exploration results are received and analyzed.

Crowflight expects to begin its drilling program on the Manibridge
joint venture with Pure Nickel in mid-May 2008. For now, the Company
has temporarily ceased drilling activities in Manitoba due to
conditions related to the annual spring thaw.

Over the coming months, Crowflight plans to complete studies on
increasing overall mine reserves at Bucko by lowering the cut-off grade
from 1.4% nickel to approximately 1.0% nickel and utilizing the mill
capacity of 1,500 tonnes per day. A planned Cdn$2.0 million underground
delineation drill program is in progress at Bucko. The drill results
from this program will be used to increase the confidence of
underground reserves, determine the potential for resource additions,
optimize cut-off grades and obtain further geotechnical information to
finalize the mine design.

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 NI 43-101 guidelines.
Fire assays were performed at the ALS-Chemex laboratory in Vancouver on
all the samples for Gold and PGE's 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 Information
Except 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 mineral
resource estimates, timing and cost of future exploration programs,
development potential, timing and cost of production and development
and impact of exploration results. 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, 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

View Maps:

Associated Image:
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Associated Image:
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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 Mon Apr 21, 2008 at 8:50:33 AM Pacific Time
======================================================================
.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Crowflight Mineral Inc.

PRODUCTEUR
CODE : CML.TO
ISIN : CA13758Y2015
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Crowflight Mineral est une société de production minière de nickel basée au Canada.

Crowflight Mineral est productrice de nickel, de cuivre au Canada, et détient divers projets d'exploration au Canada.

Son principal projet en production est BUCKO LAKE au Canada et ses principaux projets en exploration sont AER/KIDD, PETER'S ROOST et TNB NORTH au Canada.

Crowflight Mineral est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 938 000 CA$ (682 583 US$, 609 615 €).

La valeur de son action a atteint son plus haut niveau récent le 01 novembre 1996 à 96,02 CA$, et son plus bas niveau récent le 04 février 2016 à 0,03 CA$.

Crowflight Mineral possède 37 520 000 actions en circulation.

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Dans les médias de Crowflight Mineral Inc.
21/09/2006Ascenta Capital Partners Crowflight Report.pdf
Rapports annuels de Crowflight Mineral Inc.
Annual Report 2006
Financements de Crowflight Mineral Inc.
27/01/2011Announces $30 Million Private Placement
28/01/2010Provides Further Details on Non-Binding Expression of Intere...
22/09/2009Announces Private Placement Financing
28/07/2009Announces Closing of Previously-Announced Private Placement ...
08/07/2009Announces Private Placement Financing and Provides Bucko Upd...
31/12/2008Amends Terms of Warrants in Connection with Debt Facility Re...
17/12/2008Closes Underwritten Flow-Through Private Placement Financing...
02/12/2008Announces Underwritten Flow-Through Private Placement Financ...
30/04/2008 Closes Bought Deal Private Placement Financing of $11 Milli...
16/04/2008 Announces Bought Private Placement Financing of $11 Million
Nominations de Crowflight Mineral Inc.
23/03/2010Appoints Stephen Davies as Chief Operating Officer
21/08/2009Appoints Mark Trevisiol as President and CEO
27/05/2009Appoints Mike Kelly as President & CEO and Mike Hoffman as C...
26/05/2008Appoints Anna Ladd as CFO
10/09/2007Appoints Bruce Humphrey as Chairman and Mike Hoffman as Pres...
Rapports Financiers de Crowflight Mineral Inc.
26/07/2011CaNickel Announces Second Quarter 2011 Financial Results and...
18/05/2010Announces First Quarter 2010 Financial Results
17/11/2009Announces Third Quarter 2009 Financial Results
13/08/2009Announces Second Quarter 2009 Financial Results
09/03/2009Announces Fourth Quarter and Year-End 2008 Financial Results
19/11/2008Reports Q3 2008 Financial Results
Projets de Crowflight Mineral Inc.
25/04/2011(Bucko Lake)Announces Restart of Bucko Lake Mine Operation
22/03/2010(Bucko Lake)Resumes Nickel Concentrate Shipments from Bucko Mine
04/03/2010(M11a)Reports Final Results From Drilling At M11A North Deposit
05/08/2009(Bucko Lake)Provides Bucko Mine Update
13/07/2009Intersects High Grade Nickel Off Surface Ramp at the Bucko M...
01/06/2009(Bucko Lake)Reports Results From Underground Drilling At The Bucko Mine
13/02/2009(Bucko Lake)Ships First Concentrate from Bucko Lake Nickel Mine to Becom...
23/01/2009(Bucko Lake)Intersects 9.56 Metres Of 7.87% Nickel; Commences Phase 2 De...
20/11/2008(Bucko Lake)Provides Bucko Lake Nickel Mine Update
01/10/2008Announces Mill Commissioning Underway at Bucko; Intersects 8...
25/06/2008(Bucko Lake)Provides Update on Underground Drilling at Bucko
20/05/2008(Bucko Lake)Final Results From Winter Exploration Drilling Further Indic...
09/05/2008(Bucko Lake)Provides Bucko Lake Nickel Project Update
23/04/2008(Bucko Lake)Discovers New Zone Of Mineralization At M11A North; Intersec...
28/03/2008(Bucko Lake) Commence Production at Bucko Lake Nickel Project
29/02/2008(Halfway Lake) Drilling at Halfway Lake Intersects 13 Metres Grading 1.6% ...
20/02/2008(Aer Kidd) Options AER Kidd Property in Sudbury; Provides Additional D...
23/01/2008(Bucko Lake) Finalizes $55 Million Debt Facility to Complete Bucko Lake ...
10/01/2008(Bucko Lake) Secures $55 Million Debt Facility to Complete Bucko Lake Ni...
17/09/2007(Bucko Lake)Reports New Inferred Nickel Resources for Deposits Near Buck...
Communiqués de Presse de Crowflight Mineral Inc.
23/09/2013CaNickel Announces Results of 2013 Winter Drill Program-Inte...
12/07/2013(Bowden Lake)CaNickel to Release Drilling Results at Bowden Lake Property
28/06/2013CaNickel Reports of Voting Results of Annual Meeting
29/10/2012(Bucko Lake)CaNickel Announces Updated Mineral Reserves and Resources fo...
14/09/2012CaNickel Announce Share Consolidation
07/09/2012CaNickel to Release 2012 Winter Drilling Results
05/07/2012CaNickel to Provide Business Updates
11/06/2012CaNickel Annual General Meeting Update
16/05/2012CaNickel to Suspend Blasting and Mill Operations
11/05/2012CaNickel Achieved Positive EBITDA
17/04/2012CaNickel Achieved Record Mill Recovery Rate
05/03/2012CaNickel Intercepts 7.3 Metres of 2.59% Nickel
06/02/2012CaNickel Files Preliminary Short Form Base Shelf Prospectus
29/12/2011CaNickel to Reduce Operations
30/09/2011CaNickel Granted Revised Environment Act Licence
22/08/2011CaNickel Announce New CEO and Change to the Board
29/06/2011CaNickel Intercepts 9.98 Metres of 2.35% Nickel
22/06/2011Announces Name Changed and Provides Business Updates
30/05/2011Arranged Debt Facility
14/04/2011Proposes Name Change and Share Consolidation
28/03/2011to Settle $11.3 Milion Debt for 258.8 Million Shares
16/03/2011Provides Legal Update
07/03/2011Receives $30 Million Financing Proceeds
22/02/2011 King Place Transferred 103.5 Million Shares
22/02/2011s Inc.: King Place Transferred 103.5 Million Shares
16/03/2010Provides Update on TSX Delisting Review
10/03/2010Resumes Milling Operations at Bucko
24/02/2010Provides 2010 Outlook
28/01/2010Announces Strategic Review And Private Placement Financing
26/02/2009Now Debt Free After Closing Out Hedge
13/01/2009Implements Additional Metal and Foreign Exchange Price Prote...
02/12/2008to Commence Trading on Toronto Stock Exchange
21/11/2008Obtains Conditional Approval to Trade on Toronto Stock Excha...
10/09/2008Discovers Two New Zones Of Mineralization Near Past-Producin...
30/07/2008Finalizes Metals Price Protection Requirements for Debt Faci...
21/01/2008 Accepts $55 Million Debt Facility Offer; Commences 2008 Exp...
21/01/2008Announces Changes To Board of Directors
15/11/2007 Partners with Pure Nickel to Explore Past Producing Manibri...
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