|September 05, 2006|
Crowflight Expands Manitoba Land Position
|CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture Exchange: CML) is pleased to announce that it has acquired additional property in the Thompson Nickel Belt, Manitoba. A total of 103 square kilometres was staked covering prospective targets in the vicinity of the Apex Discovery, near the town of Wabowden and near Resting Lake and Clarke Lake, close to the past producing Manibridge Nickel Mine (refer to attached figures 1 and 2). |
Greg Collins, Crowflight's Exploration Manager commented on Crowflight's staking activities, stating: "Following the attractive nickel discoveries from diamond drilling activities of geophysical targets at the Apex and M11A North zones earlier this spring, it was determined that the geophysical signatures observed at Apex, M11A North and the Bucko Deposit also occurred on open ground located to the west and south of the current Crowflight-Xstrata property position. Over the past six weeks Crowflight has been actively staking ground in the vicinity of these recent discoveries and near a former producing mine where coincident geophysical signatures were observed."
The acquisition increases Crowflight's property interest in the southern portion of the prolific Thompson Nickel Belt and will enable the Company to pursue additional exploration opportunities in close proximity to mining and milling infrastructure planned for development at the Bucko Deposit near the town of Wabowden.
Diamond drilling to further evaluate the M11A North and Apex Zone discoveries continues, with the program being overseen by operator Xstrata plc (formerly Falconbridge Limited following the recent acquisition of Falconbridge by Xstrata). Presently five holes have been completed for a total of approximately 2,000 metres. Assay results from these holes are pending and are expected to be available for release in mid-September.
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 Xstrata plc 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 grading 1.5% nickel, 2.0% copper and 4.8 g/t PGM's); (2) the 100% owned Peter's Roost Property, the subject of a recent joint venture agreement with Wallbridge Mining Co. Ltd.; and (3) the Airport Property (a 50/50 joint venture with Millstream Mines Ltd.) located 4 kilometres 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 regarding Crowflight, including details of its properties, and where relevant its earn-in interests in properties, 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
Ascenta Capital Partners Inc.
Tel: (604) 684 - 4743 ext 230
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