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Crowflight Mineral Inc.

Publié le 15 novembre 2007

Partners with Pure Nickel to Explore Past Producing Manibridge Mine

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Mots clés associés :   Canada | Copper | Nickel |
======================================================================
Re: News Release - Thursday, November 15, 2007
*Crowflight Partners with Pure Nickel to Explore Past Producing
Manibridge Mine
======================================================================

CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture
Exchange: CML) is pleased to announce that it has entered into a 50-50
Joint Venture Agreement with Pure Nickel Inc. to explore for and
develop nickel deposits on properties controlled by both parties
proximal to the past producing Manibridge Nickel Mine, approximately 20
kilometres south of the town of Wabowden, Manitoba. In a separate but
related transaction, Crowflight has concluded an option agreement with
Hudson Bay Exploration and Development Ltd. (HBED) to acquire a 100%
interest in two claims within the area of interest of the Pure Nickel
Joint Venture.

Pursuant to the terms of the agreement with Pure Nickel, each party
will contribute property to the Joint Venture and make an initial
aggregate contribution of $6 million over a three year period to fund
preliminary exploration activities within the joint venture area and
perform further detailed technical studies as necessary to evaluate the
potential for development and mining on the properties. Crowflight will
be the operator of the joint venture. In addition, Pure Nickel will
have an option to earn a 50% interest from Crowflight in the Pure
Nickel Option Area (see Figure 1) surrounding the JV area by spending
$1.5 million over a three year period.

Mike Hoffman, Crowflight's President and CEO commented: "We are very
excited about this joint venture with a solid partner such as Pure
Nickel. We feel that enormous potential remains in this area, and
given that we will soon have an operational mill nearby, it is in
Crowflight's best interest to continue exploration work in an area that
has been a proven mineral producer in the past."

Jay Jaski, Pure Nickel's Chairman and CEO commented: "This transaction
will enable Pure Nickel to leverage the potential at Manibridge by
exploring not only the areas surrounding the mine but the historical
mineralization along strike that are evident in exploratory drill holes
from the 1960s and 1970s. By partnering with Crowflight not only we do
team up with a strong management and exploration team, it is a company
that is committed to the highly prospective Thompson Nickel Belt
properties and discovery of additional sources of mill feed for its
Bucko operation."

Properties contributed by Pure Nickel to the joint venture contain the
claims and tailings deposition area of the past producing Manibridge
Mine and are subject to rights held by Xstrata Nickel, a business unit
of Xstrata Canada Corporation ("Xstrata") pursuant to an exploration
property purchase agreement entered into between Xstrata and Pure
Nickel on August 2, 2007. Specifically, Xstrata will, among other
things (i) retain an off-take option to purchase all or any portion of
concentrates and other mineral and other mineral products produced from
the affected properties; and (ii) be entitled to a 2% net smelter
return (NSR) royalty with respect to the Pure Nickel claims.

Properties contributed by Crowflight are shown on the attached map
Figure 1.
http://www.crowflight.com.editmec.com/i/misc/cmi-nov152007-map.gif

Under to the terms of the HBED Agreement on the NIM Claims, Crowflight
must make cash payments of $250,000 and fund a total of $750,000 in
exploration expenditures by 2011 to earn a 100% interest in the
property subject to a back in clause, right of offer for off-take, and
a 2% NSR.

Execution of the JV Agreement is anticipated to occur on or around
November 15, 2007 and is subject to applicable approvals.

Qualified Person Comments/Quality Control Procedures
The technical content of this press release has been prepared and
approved by Mr. Greg Collins, P. Geo., Crowflight's Vice President of
Exploration, a Qualified Person under the NI 43-101 guidelines.

Crowflight Minerals - Canada's Next Nickel Producer

Crowflight Minerals Inc. is a Canadian junior mining exploration and
development company focused on nickel, copper and Platinum Group
Mineral ("PGM") projects in the Thompson Nickel Belt ("TNB") 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 Bucko Nickel deposit located near
Wabowden, Manitoba into production by mid-2008.

About Pure Nickel Inc.

Pure Nickel is a mineral exploration company with multiple nickel
sulphide and PGE projects in Canada and Alaska. Pure Nickel is well on
its way to becoming one of the largest nickel exploration companies in
North America. The above noted transaction accelerates Pure Nickel's
aggressive drilling program beyond its three core properties, MAN and
Salt Chuck in Alaska and William Lake, Manitoba. The Company's 2008
drilling program is fully funded.

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 the
Company's plan of business operations; mineral resource estimates, the
benefits and liabilities associated with the joint venture, and
projected costs and expenditures. 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 has not reviewed and 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 MAP:
http://www.crowflight.com.editmec.com/i/misc/cmi-nov152007-map.gif

======================================================================
Copyright (c) 2007 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 Thu Nov 15, 2007 at 9:30:26 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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