|April 20, 2006|
Follow-Up Drilling On New M11A North Discovery In Thompson Nickel Belt Intersects 25 Feet Grading 2.1% Nickel
|CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture Exchange: CML) is pleased to announce assay results from a 75 metre step-out hole drilled along strike and following-up discovery hole M11A 06-06 in the newly discovered M11A North Zone, located 3 kilometres north of the Bucko Deposit, near the town of Wabowden, Manitoba (refer to Figure 1 - Location Map and Longitudinal Section). |
Follow-up drill hole M11A 06-10 was drilled to test for an extension of mineralization intersected in discovery hole M11A 06-06 (refer to press release dated March 28, 2006) and intersected 30.2 metres (99.2 feet) grading 1.02% nickel from 155.8 to 186.1 metres including a 7.6 metre interval (24.9 feet) from 178.5 to 186.1 metres grading 2.07% nickel at an approximate 100 metre vertical depth. An individual sample over a 0.3 metre (1 foot) interval within the same hole assayed 11.2% nickel, 0.2% copper and 3 grams per tonne combined PGM's (platinum and palladium) (see summary table of results below).
Greg Collins, Crowflight's Exploration Manager, commented on the results of hole M11A 06-10, stating: "The mineralization encountered in hole M11A 06-10 represents some of the best material intersected in the southern portion of the Thompson Nickel belt since the discovery of the Bucko Deposit in terms of thickness and nickel grade. To have achieved results such as these in only our second exploration season in the belt with Falconbridge Limited is a positive indication that our approach to exploration has the potential to lead to new discoveries. Hole M11A 06-10 confirms the continuity of the mineralization intersected in M11A 06-06 and should assist us to further define the limits of this new discovery."
Hole M11A 06-10 was collared 75 metres north of M11A 06-06 in what is being called the M11A North project area, approximately 3 kilometres north of the Bucko Deposit. The hole targeted a conductive bore-hole geophysical anomaly detected in M11A 06-06 at the same depth at approximately 100 metres below surface.
Additional assay results from discovery hole M11 06-06, including copper and PGM values are summarized below. Of particular note, a second zone of nickel mineralization was observed from 239.2 to 246.7 metres or approximately 200 metres below surface (refer to Figure 1 - Location Map and Longitudinal Section).
A third hole (M11A 06-11) has been undertaken to confirm the dip of the ultramafic and to test for an extension to this mineralization below M11 06-10. Assay results from this hole are pending. Currently spring break-up conditions are inhibiting Falconbridge Limited, the operator of the regional exploration program, from drilling additional holes in the area. Options that could allow additional work in the area after the winter thaw are under consideration pending the return of assays from M11A 06-11 and a review of all geophysical data.
Please refer to Crowflight's new updated website in the 'Projects', 'Photo Gallery' section to view photos of drill core form holes M11A 06-06 and M11A 06-10.
Qualified Person/Quality Control Procedures
This press release has been prepared and revised by Mr. Greg Collins, P. Geo., Crowflight's Exploration Manager, a Qualified Person under the NI 43-101 guidelines, based on data provided by Falconbridge Limited. Fire assays are 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 -- 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 immediately adjacent to Inco's Totten Deposit (10.1 million tonnes grading 1.5% nickel, 2.0% copper and 4.8 g/t PGM's); (2) the 100% owned Peter's Roost Property in the North Range of the Sudbury Basin; and (3) 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 grading 1.7% nickel, 3.5% copper and 4.1 g/t PGM's).
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 further information please contact:
President and CEO
Tel: (416) 861.5900
Ascenta Capital Partners Inc.
Tel: (604) 684.4743 ext.230
Fax: (416) 861.8165
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