|April 27, 2006|
Crowflight - Falconbridge Hit Second New Nickel Discovery Near Wabowden, Manitoba
CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture Exchange: CML) has received assay results heralding the discovery of a second new nickel zone called the "Apex Zone" located approximately 3 kilometres north of the Bucko Deposit and 3 kilometres west of the recently announced new discovery at the M11A North zone (refer to attached Project Location Map - M11A Discovery and Apex Zone).
Hole A 06-01 intersected 4.1 metres (13.3 feet) grading 1.11% nickel at a vertical depth of approximately 150 metres within a larger nickel mineralized ultramafic body which contains mineralization over 11.4 metres (37.3 feet) grading 0.91% nickel. The hole intersected a total of 85 metres of ultramafic rock. The zone is open in all directions and the extent of the ultramafic has not previously been investigated. This discovery was made on the results of the hyper-detailed MIDAS airborne magnetic survey flown in December of 2005 that identified a number of new previously unexplored targets that required follow-up. Many remain to be tested.
A second hole, A 06-02, undercutting (75 metres below) hole A 06-01 has been completed. It intersected 135 metres of ultramafic rock. All mineralized samples have been submitted for assay (results pending). Down-hole electromagnetic (EM) geophysical survey results received from holes A 06-01 and A 06-02 identified an off-hole EM response to the south of both holes.
Greg Collins, Crowflight's Exploration Manager, commented on the results of hole A 06-01 stating: "We viewed the core from hole A 06-01 while we were still digesting the significance of our M11A North discovery. The intersection of this second discovery in the Apex Zone further highlights the success of the Crowflight-Falconbridge regional exploration approach and our ability to identify new near surface targets within a newly demonstrated productive nickel bearing ultramafic trend north of Bucko. Results such as those at M11A and this new Apex Zone have bolstered our confidence in the potential of the area around Bucko Lake to continue to yield positive results which could lead to the definition of another nickel deposit in close proximity to Bucko".
Project Operator, Falconbridge Limited has 3 diamond drill rigs on stand-by from the winter program for follow-up work on both the M11A North and Apex discoveries. Plans for follow-up work on these targets are underway pending receipt of all assay results and further interpretation of all geophysical data. In addition, the drill testing of several additional targets bearing similar geophysical signatures is under review.
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 100% owned Peter's Roost Property; 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 @ 3.5% Cu, 1.7% nickel, 0.8 g/t Au, 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
Fax: (416) 861 - 8165
Tel: (604) 684-4743 x 230
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