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Crowflight Mineral Inc.

Publié le 20 novembre 2008

Provides Bucko Lake Nickel Mine Update

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Mots clés associés :   Canada | Copper | Nickel |
=======================================================================
Re:   News Release - Thursday, November 20, 2008
      Crowflight Provides Bucko Lake Nickel Mine Update
=======================================================================

CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture Exchange: CML) today provided an update on the progress being made at the Bucko Lake Nickel Mine located near Wabowden, Manitoba.

Commissioning activities continue at the Bucko Lake Nickel Mine. Expectations are to ramp up production during the remainder of 2008 to declare full commercial production during the first quarter of 2009. The commissioning status is as follows:

.. Mill commissioning has been underway since early September.
.. Ore is currently being mined and stockpiled in preparation for mill start-up. Ore from the first production stopes has been developed and production mining should begin shortly.
.. The main ventilation raise broke through to surface in late October.
.. The commissioning of the crushing and grinding areas is essentially complete with minor modifications on-going.
.. The flotation circuit is close to being fully commissioned and a low grade flotation concentrate was produced on November 18th. Work in the next week will involve further commissioning of the flotation circuit to produce a marketable nickel concentrate.
.. The concentrate filtration area is mechanically and electrically complete and will now undergo final commissioning.
.. Completion of the mill automation is expected to be finalized by early December.
.. The interim tailings storage facility is complete and water is being stockpiled for reclamation in the storage facility.
.. The assay lab will be complete next week.
.. Final commissioning of the mill is expected to be complete in the next few weeks and ramp up to full production will continue through 2008 and early 2009.
.. Conducted mill training and hired 10 local residents for mill operations.

Commented Paul Keller, Crowflight's Vice President Operations and COO, "The mill commissioning has progressed reasonably well to date, with the equipment functioning as designed. We have been making modifications as we go and to date, we have not encountered any issues that will prevent us from ramping up to full production. We have taken efforts to maximize the number of people we hire from the local area and we are pleased with the quality and attitude of our new employees. We are looking forward to reaching full production and producing positive cash flow."

Crowflight Minerals -- Canada's Next Nickel Producer
Crowflight Minerals Inc. (TSX-V: CML) is a Canadian junior mining
company that is bringing the Bucko Lake Nickel Mine near Wabowden,
Manitoba into production. Full commercial production is expected to be
achieved at Bucko in early 2009. The Company is also focused on nickel,
copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel
Belt and Sudbury Basin.

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 estimated
capital and operating costs, expected production timeline, benefits of
updated development plans, foreign exchange assumptions and regulatory
approvals. 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

=======================================================================
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 Thu Nov 20, 2008 at 8:04:59 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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