|December 20, 2005|
High Resolution Airborne Geophysical Survey Commences On Thompson Nickel Belt Properties
|Toronto, Ontario - Dec. 20, 2005 - CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX VENTURE:CML) is pleased to announce the commencement of a MIDAS, high resolution helicopter-borne magnetic geophysical survey on the area between the Bucko Deposit and the Bowden Deposit on the Thompson Nickel Belt ("TNB") South Project as well as a large region covering favorable stratigraphy and known nickel showings on the TNB North property immediately northwest of Inco Limited's producing Birchtree Mine.|
The survey will cover 1,500 line kilometres and is to be flown at a line-spacing of between 60 metres and 75 metres to hyper-accurately collect magnetic data over these areas. Once the survey is complete, the data will be processed using 3-D magnetic inversion techniques which will enable accurate modeling of the distribution and geometry of ultramafic bodies within the subsurface in 3 dimensions, including the potential identification of unknown and "blind" ultramafic rocks. Ultramafic bodies are directly associated with nickel deposits in the TNB. This effort will provide vital mapping and targeting of ultramafic chambers and feeders suspected to connect mineralization encountered at Bucko, M11A and Bowden on the TNB South project and prospective new ultramafic bodies in the vicinity of known nickel occurrences on the TNB North project. The airborne survey and inversion modelling is expected to be completed early in 2006. New prospective nickel targets generated from this survey, in combination with existing electromagnetic geophysical data, will assist in enhancing target areas to be drill tested in the upcoming winter 2006 TNB South and TNB North regional exploration programs. The survey is budgeted to cost approximately $150,000 and is being financed with funds previously deposited with Falconbridge for this purpose as part of Crowflight's regional exploration commitment.
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 ("PGM") projects in the Thompson Nickel Belt ("TNB") and Sudbury Basin. The company currently owns and/or has under option approximately 600 square kilometres of exploration and development properties in Manitoba and Ontario.
In Manitoba, these properties include: (1) the Bucko Nickel Deposit; (2) an earn-in option with Falconbridge Limited on five highly prospective properties (Bucko/Bowden, Resting Lake, Rock Island Lake, Halfway Lake and Gonlin Lake) on the TNB South Project located within 30 kilometres of the Bucko Deposit; and (3) six additional properties (Burntwood River, Birchtree South, Birchtree North, Airport, Moak Lake and Strong Lake) located 100 kilometres to the north on the TNB North Project.
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% Nickel, 2% Cu, 4.8 g/t PGM's); (2) the Airport Property (a 50/50 joint venture with Millstream Mines Ltd.) located 4 km south, and on-strike, with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes @ 3.5% Cu, 1.7% nickel, 0.8 g/t Au, 4.1 g/t PGM's); and (3) the 100% owned Peter's Roost Property.
Further information is available on the Company's web site at www.crowflight.com.
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 Company cautions investors that the projections for increases to the Indicated Resources are based on Inferred Resources. There is no certainty that these projections will be added to the Indicated Resources or that they will be economically viable.
For a map of the "Figure 1 - TNB South Project Area - ML-031, Bucko/Bowden and M11A Project Areas ", please click on the link below:
You can view the Next News Release item: Mon Jan 16, 2006, Crowflight Files Ni 43-101 Technical Report And Resource Estimate On Bucko Lake Property
You can view the Previous News Release item: Fri Dec 16, 2005, Crowflight Completes Bucko Feasibility Study And Announces Proposed Amendments To The Terms Of Its Earn-In Agreement With Falconbridge
You can return to the main News Release page, or press the Back button on your browser.