News Release

 February 24, 2005
Crowflight Provides an Update on Exploration Activities in the Thompson Nickel Belt

 TORONTO, ONTARIO: CROWFLIGHT MINERALS INC. (TSX VENTURE:CML) is pleased to announce that the Winter 2005 exploration and project development programs are progressing as planned at the Bucko-Bowden and Thompson North Projects in the Thompson Nickel Belt (TNB). The winter programs which began in early January 2005 (refer to the previous Press Release dated January 13, 2005), are focused on outlining new, and expanding previously defined, higher-grade nickel, copper and PGE's mineralization on both projects as well as completing metallurgical sampling for an on-going feasibility study at the Bucko Deposit.

Stan Bharti, President and CEO of Crowflight commented on the progress at the TNB programs stating: "The TNB is one of the most prolific Base Metal sulphide camps in the World and Crowflight has teamed-up with Falconbridge, one of the most experienced and technologically advanced explorers of such mineralization. The exploration and technological expertise of Falconbridge is focused on identifying attractive Nickel, Copper and PGE's mineralization within the TNB properties while the Crowflight team remains focused on advancing the high grade Bucko Nickel Deposit towards feasibility. We remain excited about the combined potential of a near-term development scenario at the Bucko Deposit and exploration success within the Crowflight-Falconbridge TNB properties as the winter program advances."

The Company plans to drill approximately 20,000 meters on the TNB exploration properties and in-fill and metallurgical sample drilling at the Bucko Deposit during the winter program. Over 6,000 meters for a total of 17 holes, have been completed to date. Assays are pending and should be available in increments in the coming weeks.

Thompson Nickel Belt Programs

1. Linecutting and ground geophysical programs
TEM (UTEM and Crone PEM), HLEM and Magnetics ground geophysical programs have been completed at the Bucko Deposit and on priority areas of the Bowden Lake (Bowden and M11A Deposit, Bucko South Extension and North Limb Ultramafic) and Gonlin Lake properties and are in progress at the Halfway Lake, Resting Lake, Moak/Strong, Burntwood River and Airport properties. The geophysical surveys are intended to refine drill targets, including targets previously identified by the airborne MegaTEM survey. The initial focus of the program is on the Bucko-Bowden-M11A corridor where previous work has identified Nickel mineralization associated with ultramafic rocks.

2. Diamond drilling
Five diamond drill rigs are currently active on the Crowflight-Falconbridge exploration properties and the Bucko Deposit. Drilling to date includes 17 drill holes and 6 wedged holes for a total of 6,235 metres. In total, 20,000 meters of drilling in approximately 35 drill holes is planned for the winter program. A summary of the drilling completed to date includes:
  • Bucko Deposit - 2 holes (BK-05-01, 02A) and 6 wedged holes (N-05-12A, 12B, 12C, 15A, 15B and 21A) for a total of 2,010 meters have been drilled to in-fill the known mineral resource at Bucko and provide a minimum 350 kilogram metallurgical sample for the on-going feasibility study (refer to the press release dated October 28, 2004 for details). A further 4 holes (BK-05-03, 04, 05 and 06) for a total of 1,280 meters have been drilled to delineate additional Nickel resources.
  • M11A - 3 holes (M11A-05-01, 02 and 03) for a total of 1,120 meters have been drilled to test the extension of historic higher Nickel intersections.
  • Bucko Lake North Limb - 1 hole (BX-05-01) for a total of 360 meters have been drilled to test an EM and Magnetic anomaly along the ultramafic unit sub-parallel to the Bucko Deposit Ultramafic.
  • Thompson North Project, Moak Lake/Strong Lake Property - 7 holes (ML-05-01, 02, 03, 04 and, 05, and ST-05-01 and 02) for a total of 1,465 meters have been drilled to test what is believed to be metasediment-hosted semi-massive sulphides as indicated by EM geophysical anomalies located roughly 4 kilometers north and on-strike to Inco's-Nuinsco's Mel Deposit containing an Indicated Resource of 290,000 tonnes grading 1.7% Nickel and an Inferred Resource of 260,000 tonnes at 1.7% Nickel.
Five diamond drills remain active on the Bucko-Bowden Project and Bucko Deposit. Four drills are deployed on the Bucko-Bowden Project, including one drill at the Bucko Deposit where 3 additional holes are planned to delineate additional Nickel resources; two drills at the Bowden Deposit where 6 drill holes are planned to test the extension of higher grade Nickel mineralization; and one drill at the Bucko South Extension where 1 drill hole is planned to test the southern extension of the Bucko Deposit. The fifth drill is on the Thompson North Project (Moak/Strong property) where 2 additional holes are planned to test additional EM conductors.

Crowflight - The Base Metal Builder
Crowflight Minerals Inc. is a Canadian junior mining exploration and development company listed on the TSX Venture Exchange. The company is focused on Nickel, Copper and Platinum Group Mineral projects in the Thompson Nickel Belt ("TNB") and Sudbury Basin. The company currently owns and/or has under option more than 672 km2 of exploration and development properties in Manitoba and Ontario.

In Manitoba, these properties include: (1) the Bucko Deposit where the Company is conducting a feasibility study, and (2) an earn-in option on ten highly prospective properties with Falconbridge Limited, including four within 30 kilometres of the Bucko Deposit (Bowden Lake, Resting Lake, Halfway Lake and Gonlin Lake), and six located 100 kilometers to the north on the TNB Thompson North Project (Burntwood River, Birchtree South, Birchtree North, Airport, Moak Lake and Strong Lake).

In the Sudbury Basin, these properties include: (1) the 100% owned AER Kidd Project adjacent to Inco's Totten Deposit (10.1 million tonnes @ 1.5% Ni, 2% Cu, 4.8 g/t PGE's), (2) the Airport Property (a 50/50 joint venture with Millstream Mines Ltd.) located 4 km on-strike with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes @ 3.5% Cu, 1.7% Ni, 0.8 g/t Au, 4.1 g/t PGE's), (3) the optioned (100% earn-in) Mystery Offset Dyke Property and (4) the 100% owned Peter's Roost Property.

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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FOR FURTHER INFORMATION PLEASE CONTACT:
Stan Bharti
President and CEO
(416) 861-5876
 
 

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CANICKEL MINING LIMITED. P.O. Box 35 1655-999 West Hastings Street, Vancouver, British Columbia, Canada V6C 2W2 P: 778-372-1806 F: 604-254-8863 E: