Communicators
are winners!
News
08.03.2010
CROWFLIGHT REPORTS FINAL RESULTS FROM DRILLING AT M11A NORTH DEPOSIT
CROWFLIGHT REPORTS FINAL RESULTS FROM DRILLING AT M11A NORTH DEPOSIT
CROWFLIGHT MINERALS INC. (“Crowflight” or the “Company”) (TSX: CML) today announced the remaining assay results from a program of exploration and delineation drilling completed in December 2009 at the Company’s M11A North project area. The M11A North deposit is located four kilometers north of the Bucko Lake Nickel Mine and milling operations located near the town of Wabowden, Manitoba. Results for the final 5 of 18 holes are presented below. Highlight intersections from the final results include 5.20 metres grading 1.82% nickel in Hole M09-15 and 4.33 metres grading 2.71% nickel in Hole M09-18.
Please find the table with the results under the following link: http://www.irw-press.com/dokumente/Crowflight040310Table.pdf#
Drilling completed in late 2009 at M11A was designed to infill mineralization outlined in 2006 and 2007 and follow-up on the new zone of mineralization identified in Hole M08-03 in 2008. In total, 6,894 metres in 18 holes were completed during the 2009 program. Please refer to the press release dated February 4, 2010 for assay results from the first 13 holes of the M11A drill program.
The Company plans to review results from this program and update resource calculations at M11A North later this year. Crowflight is advancing the M11A North deposit with a view to it eventually providing a source of supplemental feed for the Bucko Mine operations to expand production and extend the life of the operations. A National Instrument (NI) 43-101 compliant inferred resource estimate for the deposit is calculated at 903,000 tonnes grading 1.55% nickel (refer to press release dated March 12, 2009).
Please find the picture under the following link: http://www.irw-press.com/dokumente/CrowflightPicture1.pdf
Core samples and interpretive display materials relating to the 2009 program at M11A North will be on display at the Core Shack of the PDAC on March 7-8, 2010 in Session A at booth 5000. Crowflight invites those interested in learning more about the geology of the deposit to visit the Core Shack booth to view the display material and to speak with a Company representative. Crowflight will also be exhibiting at the Investors Exchange of the PDAC at booth #2528 from March 7-10, 2010.
Qualified Person/Quality Control Procedures
This press release has been prepared and reviewed by Mr. Greg Collins, P.Geo. (APGO/APEGM) and VP Exploration of Crowflight, who is a Qualified Person under the National Instrument 43-101 guidelines. Fire assays were performed at the ALS-Chemex laboratory in Vancouver on all the samples for gold and PGEs 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.
About Crowflight Minerals
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba. The Company is also focused on nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.
Cautionary Note on Forward-Looking Information
This press release contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to mineralization projections, including mineral resource estimates; timing, size and cost of future exploration programs and the potential of using the M11A deposit as a source of feed for the Bucko mine. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Estimates regarding mineral resource estimates are based on available information and analysis of management and independent qualified persons. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks related to: unexpected events and delays during production; timing and availability of external financing on acceptable terms; changes in project parameters as plans continue to be refined; future prices of minerals, particularly nickel; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
Further information is available on the Company’s website at www.crowflight.com or contact:
Mark Trevisiol
President & CEO
Crowflight Minerals
Tel: (416) 861-5893
Heather Colpitts
Manager, Investor and Public Relations
Crowflight Minerals
Tel: (416) 861-5803
info@crowflight.com
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA2280241050">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA2280241050</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
CROWFLIGHT MINERALS INC. (“Crowflight” or the “Company”) (TSX: CML) today announced the remaining assay results from a program of exploration and delineation drilling completed in December 2009 at the Company’s M11A North project area. The M11A North deposit is located four kilometers north of the Bucko Lake Nickel Mine and milling operations located near the town of Wabowden, Manitoba. Results for the final 5 of 18 holes are presented below. Highlight intersections from the final results include 5.20 metres grading 1.82% nickel in Hole M09-15 and 4.33 metres grading 2.71% nickel in Hole M09-18.
Please find the table with the results under the following link: http://www.irw-press.com/dokumente/Crowflight040310Table.pdf#
Drilling completed in late 2009 at M11A was designed to infill mineralization outlined in 2006 and 2007 and follow-up on the new zone of mineralization identified in Hole M08-03 in 2008. In total, 6,894 metres in 18 holes were completed during the 2009 program. Please refer to the press release dated February 4, 2010 for assay results from the first 13 holes of the M11A drill program.
The Company plans to review results from this program and update resource calculations at M11A North later this year. Crowflight is advancing the M11A North deposit with a view to it eventually providing a source of supplemental feed for the Bucko Mine operations to expand production and extend the life of the operations. A National Instrument (NI) 43-101 compliant inferred resource estimate for the deposit is calculated at 903,000 tonnes grading 1.55% nickel (refer to press release dated March 12, 2009).
Please find the picture under the following link: http://www.irw-press.com/dokumente/CrowflightPicture1.pdf
Core samples and interpretive display materials relating to the 2009 program at M11A North will be on display at the Core Shack of the PDAC on March 7-8, 2010 in Session A at booth 5000. Crowflight invites those interested in learning more about the geology of the deposit to visit the Core Shack booth to view the display material and to speak with a Company representative. Crowflight will also be exhibiting at the Investors Exchange of the PDAC at booth #2528 from March 7-10, 2010.
Qualified Person/Quality Control Procedures
This press release has been prepared and reviewed by Mr. Greg Collins, P.Geo. (APGO/APEGM) and VP Exploration of Crowflight, who is a Qualified Person under the National Instrument 43-101 guidelines. Fire assays were performed at the ALS-Chemex laboratory in Vancouver on all the samples for gold and PGEs 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.
About Crowflight Minerals
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba. The Company is also focused on nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.
Cautionary Note on Forward-Looking Information
This press release contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to mineralization projections, including mineral resource estimates; timing, size and cost of future exploration programs and the potential of using the M11A deposit as a source of feed for the Bucko mine. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Estimates regarding mineral resource estimates are based on available information and analysis of management and independent qualified persons. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks related to: unexpected events and delays during production; timing and availability of external financing on acceptable terms; changes in project parameters as plans continue to be refined; future prices of minerals, particularly nickel; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
Further information is available on the Company’s website at www.crowflight.com or contact:
Mark Trevisiol
President & CEO
Crowflight Minerals
Tel: (416) 861-5893
Heather Colpitts
Manager, Investor and Public Relations
Crowflight Minerals
Tel: (416) 861-5803
info@crowflight.com
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA2280241050">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA2280241050</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.