Crowflight Encounters High Grade Nickel Intersections At Bucko Deposit, Thompson Nickel Belt.TORONTO -- CROWFLIGHT MINERALS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CML 1. CML - A query language. ["Towards a Knowledge Description Language", A. Borgida et al, in On Knowledge Base Management Systems, J. Mylopoulos et al eds, Springer 1986]. 2. CML - Concurrent ML. ) is pleased to announce that the Company has received the first batch of assay results from 2 diamond drill holes at the Bucko buck·o n. pl. buck·oes or buck·os 1. A blustering or bossy person. 2. Irish A young man; a lad. [Alteration of buck1.] Deposit. Crowflight has an option to earn a 100% interest in the Bucko Deposit by completing a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. , arranging financing and bringing the deposit into production. The holes were drilled as part of the Winter 2005 work programs at the Bucko-Bowden and Thompson Thompson, city, Canada Thompson, city (1991 pop. 14,977), central Man., Canada, on the Burntwood River. A mining town, it developed after large nickel deposits were discovered in the area in 1956. North Projects (refer to the appended location map) in the Thompson Nickel Belt
Nickel Belt is an informal nickname for the Sudbury region in Northern Ontario, because of the belt of nickel ore deposits found in the area. ("TNB TNB Tenaga Nasional Berhad (electric power utility in Malaysia) TNB Tacoma Narrows Bridge TNB Thomas and Betts TNB Trinitrobenzene TNB Télévision Nationale du Burkina (Burkina Faso) "). Drill hole BK-05-02A and wedged wedged - 1. To be stuck, incapable of proceeding without help. This is different from having crashed. If the system has crashed, it has become totally non-functioning. If the system is wedged, it is trying to do something but cannot make progress; it may be capable of doing a few drill hole N-05-12A both intersected two intervals of significant nickel nickel, metallic chemical element; symbol Ni; at. no. 28; at. wt. 58.69; m.p. about 1,453°C;; b.p. about 2,732°C;; sp. gr. 8.902 at 25°C;; valence 0, +1, +2, +3, or +4. mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. :
Core
DDH # Length Nickel Copper Platinum Palladium
------ ------- ------ ------ -------- ---------
(metres) (%) (%) (ppb) (ppb)
BK-05-02A 26.5 1.32 0.10 143 306
24.2 0.97 0.07 199 222
incl. 0.3 6.93 0.05 1.37 g/t 959
N-05-12A 20.3 2.23 0.26 153 310
incl. 3.0 11.06 1.39 687 1.30 g/t
12.2 1.84 0.11 112 389
incl. 8.4 2.69 0.17 164 568
Crowflight President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Stan STAN Stanchion STAN Stärke- und Ausrüstungsnachweis (German) Stan Standard Man (human patient simulator) STAN SEMCIP Technical Assistance Network STAN System Trace Audit Number STAN Star Trek Area Network Bharti commented on the drill results stating: "We're very excited by these results as hole BK-05-02A is derived from a 185 metre metre In poetry, the rhythmic pattern of a poetic line. Various principles have been devised to organize poetic lines into rhythmic units. Quantitative verse, the metre of Classical Greek and Latin poetry, measures the length of time required to pronounce syllables, step-out from historical higher grade drilling which illustrates the potential to expand upon previous known resources at Bucko. Crowflight and Falconbridge are aggressively advancing the 20,000 meter diamond drill campaign on numerous targets across the TNB on several Thompson/Birchtree-type targets. The drilling which began in mid-January 2005, is focused on outlining new and expanding previously defined higher-grade nickel, copper and PGE's mineralization on the TNB projects, as well as in-fill drilling and completing metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. sampling for an on-going feasibility study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. at the Bucko Deposit." Crowflight's VP Exploration, Jean Lafleur Jean Lafleur is a Canadian businessman famous for his role in the Liberal Party of Canada sponsorship scandal. On April 27, 2007, Lafleur returned to Canada from a two-year stay in Belize, where he was reported to have lived in an exclusive villa and enjoyed fine wines. , added: "These holes confirm that the Bucko Deposit contains significant nickel values plus PGE's, often over thick intervals. Definition drilling within the known Bucko resource plus step-out drilling is continuing at Bucko within and adjacent to known high-grade High-grade Credit quality of AAA or AA. high-grade Of, relating to, or being a bond with little risk of default on the part of the issuer. High-grade is usually reserved for bonds rated AAA or AA by the rating services. nickel lenses." CROWFLIGHT SCHEDULES CONFERENCE CALL FOR 10:00 AM EST EST electroshock therapy. EST abbr. electroshock therapy ON THURSDAY MARCH 3, 2005 Crowflight will hold a conference call on Thursday March 3rd, 2005 to update investors on the exploration program at the Thompson Nickel Belt and the feasibility study on the Bucko Project. Conference Call Details ----------------------- Date : Thursday March 3, 2005 Time: 10:00 am EST Local callers: 416-695-6120 North American callers: 1-877-888-3855 International callers: +1-416-695-6120 Crowflight management together with Falconbridge management will be presenting at this conference call. An archive recording of the call will be available following completion of the call on the Crowflight website at www.crowflight.com. Bucko Deposit Assays Diamond drill hole BK-05-02A intersected two intervals of significant nickel mineralization (individual assays are outlined in appended Table 1):
Core
From To Length Ni Cu Pt Pd
DDH # (m) (m) (m) (%) (%) (ppb) (ppb)
----- ------ ------ ------- ----- ----- ----- -----
BK-05-02A 303.5 330.0 26.5 1.32 0.10 143 306
369.7 393.9 24.2 0.97 0.07 199 222
incl. 383.0 383.3 0.3 6.93 0.06 1.37 g/t 959
The assay intervals are located in a 154 metre core length section containing 1 to 3% sulphides, including 20 metres of 7% to 10% net-textured sulphides. The intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. is located along the east-west trending northern limb of the Bucko Deposit some 85 metres east of historical 1970's vintage Falconbridge drill holes BU-29, BU-52 and BU-35 along east limb. The latter historical holes intersected mineralization in the fold hinge hinge n. A jointed or flexible device that allows the turning or pivoting of a part, such as a door or lid, on a stationary frame. hinge see hinge joint. between the north-south trending limb and the east-west limb at a 275 metre vertical depth. BK-05-02A is located within 20 metres of historical hole BU-23 drilled oblique o·blique adj. Situated in a slanting position; not transverse or longitudinal. oblique slanting; inclined. to strike along the east limb. The historical assay composites gave: - BU-23: 2.32% nickel over 7.32 metres - BU-29: 1.22% nickel over 31.99 meters - BU-35: 2.12% nickel over 45.42 meters - BU-52: 1.64% nickel over 26.20 meters As a follow-up to hole BK-05-02A, a series of 3 surface drill holes are planned for the east limb between BU-35 and BK-05-02A. Wedged diamond drill hole N05-12A intersected two intervals of significant nickel mineralization (individual assays are outlined in appended Table 1):
Core
From To Length Ni Cu Pt Pd
DDH # (m) (m) (m) (%) (%) (ppb) (ppb)
N-05-12A 294.6 314.9 20.3 2.23 0.26 153 310
incl. 308.4 311.4 3.0 11.06 1.39 687 1.30 g/t
330.0 342.3 12.2 1.84 0.11 70 40
incl. 330.0 338.4 8.4 2.69 0.17 164 568
The assay intervals are located in a sulphide-bearing zone containing from 1% to 3% sulphides over 67.8 metre core length between 294.6 to 362.4 metres, including a 41 metre interval of 3% to 12% net-textured sulphides between 311.4 to 352.4 metres. The original drill hole N-12 gave three separate intersections of 3.29% nickel over an 8.3 metre interval, 2.36% nickel over a 7.3 metre interval and 2.01% nickel over a 10.6 metre interval, respectively. Winter 2005 Diamond Drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral Program Five diamond drills are active on the Crowflight-Falconbridge TNB projects, where a total of 20,000 metres of drilling in approximately 35 drill holes is planned for the Winter 2005 Program: - Four drills are deployed on the Bucko-Bowden Project as follows - one at the Bucko Deposit where 3 additional holes are to be drilled at this time between high grade nickel BU-35 and BK-05-02A; two at the Bowden Deposit where 6 holes are planned and one at the Bucko South Extension where 2 holes are planned. - The fifth drill is on the Thompson North Project (Burntwood River Property) where 2 additional holes are planned. - An additional 3 drill holes are planned for the Winter 2005 Program on the remaining properties comprising the TNB North Project. Further drilling will be conducted in the summer months. Qualified Person/Quality Control Procedures This press release has been prepared and revised by Mr. Jean Lafleur, P. Geo., Crowflight's VP Exploration, a Qualified Person under the NI 43-101 guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. , based on data provided by Falconbridge Limited. Drilling to date includes 17 drill holes and 8 wedged holes for a total of 6,235 metres. NQ drill core is logged by Falconbridge geologists A geologist is a contributor to the science of geology. Geologists are also known as earth scientists or geoscientists. The following is a list of famous or notable geologists. at their field office in Wabowden, Manitoba Wabowden, Manitoba is a community in northern Manitoba. It is situated on Provincial Trunk Highway #6, which is the main route between Thompson and the provincial capital, Winnipeg. ; sawed in half and bagged on-site. The samples are shipped to ALS-Chemex Laboratory, Vancouver. Fire assays are performed for Gold, PGE's undergo an ICP-AES ICP-AES Inductively Coupled Plasma Atomic Emission Spectroscopy ICP-AES Inductively Coupled Plasma Atomic Emission Spectrophotometry finish and Sodium Peroxide sodium peroxide n. A yellowish-white powder used as a germicide, an antiseptic, and a disinfectant. Fusion. All other metals undergo an ICP-AES finish. Standards and blanks are submitted with each sample batch. Falconbridge's Senior Geologist Robert Banville is the project's Qualified Person for the assay database verification and validation Verification and Validation (V&V) is the process of checking that a product, service, or system meets specifications and that it fulfills its intended purpose. These are critical components of a quality management system such as ISO 9000. (QA/QC QA/QC Quality Assurance/Quality Control program). Crowflight - The Base Metal Builder Crowflight Minerals Inc. is a Canadian junior mining exploration and development company listed on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. . The company is focused on Nickel, Copper and Platinum Group The platinum group (alternatively, the platinum group metals or platinum metals) is a collective name sometimes used for six metallic elements clustered together in the periodic table. Mineral projects in the Thompson Nickel Belt ("TNB") and Sudbury Basin The Sudbury Basin, also known as Sudbury Structure, is the second largest known impact crater or astrobleme on Earth, and a major geologic structure in Ontario, Canada. The basin is located on the Canadian Shield in the city of Greater Sudbury, Ontario. . The company currently owns and/or has under option more than 672 km2 of exploration and development properties in Manitoba and Ontario. In Manitoba, these properties include: (1) the Bucko Deposit where the Company is conducting a feasibility study, and (2) an earn-in option on ten highly prospective properties with Falconbridge Limited, including four within 30 kilometres of the Bucko Deposit (Bowden Lake, Resting Lake, Halfway Lake and Gonlin Lake), and six located 100 kilometers to the north on the TNB Thompson North Project (Burntwood River, Birchtree South, Birchtree North, Airport, Moak Lake and Strong Lake). 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% Ni, 2% Cu, 4.8 g/t PGE's), (2) the Airport Property (a 50/50 joint venture with Millstream mill·stream n. The rapid stream of water flowing in a millrace. millstream Noun a stream of water used to turn a millwheel Mines Ltd.) located 4 km on-strike with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes @ 3.5% Cu, 1.7% Ni, 0.8 g/t Au, 4.1 g/t PGE's), (3) the optioned (100% earn-in) Mystery Offset Dyke Property and (4) 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 statement. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Listing of Received Assay Results from the Bucko-Bowden and TNB North Projects (as of February 28, 2005) on the Thompson Nickel Projects The Nickel Project is a nickname for a transportation funding package enacted by the 2003 Washington State Legislature. The slogan for the package is "It’s your Nickel, Watch it Work." The $3.
Core
Length
Hole From To (meters) Pt ppm Pd ppm Co % Cu % Ni %
N05-12A 294.58 295.23 0.65 0.091 0.465 0.052 0.045 2.52
N05-12A 295.23 296.00 0.77 0.124 0.243 0.02 0.057 1.125
N05-12A 296.00 296.80 0.80 0.13 0.164 0.018 0.062 1.015
N05-12A 296.80 298.00 1.20 0.007 0.006 0.002 0.005 0.077
N05-12A 298.00 299.46 1.46 0.056 0.104 0.013 0.045 0.679
N05-12A 299.46 299.76 0.30 0.059 0.452 0.014 0.19 1.1
N05-12A 299.76 300.21 0.45 0.051 0.107 0.014 0.065 0.707
N05-12A 300.21 301.00 0.79 0.064 0.246 0.02 0.072 1.41
N05-12A 301.00 302.00 1.00 0.137 0.213 0.019 0.207 1.42
N05-12A 302.00 302.65 0.65 0.014 0.034 0.004 0.014 0.18
N05-12A 302.65 303.00 0.35 0.15 0.279 0.016 0.038 0.904
N05-12A 303.00 304.27 1.27 0.13 0.212 0.018 0.047 0.912
N05-12A 304.27 305.32 1.05 0.03 0.08 0.006 0.015 0.254
N05-12A 305.32 306.00 0.68 0.071 0.136 0.015 0.044 0.76
N05-12A 306.00 307.00 1.00 0.076 0.168 0.023 0.13 1.015
N05-12A 307.00 307.68 0.68 0.093 0.261 0.021 0.126 1.17
N05-12A 307.68 308.40 0.72 0.022 0.145 0.003 0.194 0.237
N05-12A 308.40 309.00 0.60 0.895 0.71 0.049 3.94 4.08
N05-12A 309.00 310.00 1.00 0.493 0.617 0.144 0.225 10.25
N05-12A 310.00 311.41 1.41 0.57 0.959 0.152 0.068 12.75
N05-12A 311.41 312.00 0.59 0.041 0.073 0.006 0.104 0.441
N05-12A 312.00 313.50 1.50 0.024 0.237 0.004 0.297 0.188
N05-12A 313.50 314.50 1.00 0.098 0.224 0.014 0.104 0.645
N05-12A 314.50 314.90 0.40 0.192 2.23 0.053 2.22 3.58
N05-12A 330.02 330.48 0.46 0.09 0.324 0.034 0.147 3.04
N05-12A 330.48 331.32 0.84 0.037 0.097 0.008 0.023 0.464
N05-12A 331.32 332 0.68 0.07 0.428 0.021 0.043 1.96
N05-12A 332 332.7 0.70 0.324 0.639 0.018 0.082 1.755
N05-12A 332.7 333.07 0.37 0.264 4.02 0.128 0.425 8.44
N05-12A 333.07 334 0.93 0.071 0.134 0.022 0.243 1.625
N05-12A 334 335.5 1.50 0.092 0.246 0.022 0.12 1.5
N05-12A 335.5 337 1.50 0.076 0.124 0.019 0.045 1.53
N05-12A 337 338.38 1.38 0.106 0.203 0.046 0.053 3.18
N05-12A 338.38 339 0.62 0.074 0.18 0.012 0.026 0.845
N05-12A 339 340.43 1.43 0.153 0.459 0.021 0.106 1.69
N05-12A 340.43 341.79 1.36 0.097 0.363 0.008 0.221 0.72
N05-12A 341.79 342.25 0.46 0.14 0.17 0.018 0.076 1.475
Core
Length Pt Pd
DDH From To (meters) ppm ppm Co % Cu % Ni %
BK-05-02A 303.50 305.00 1.5 0.047 0.103 0.013 0.048 0.561
BK-05-02A 305.00 306.50 1.5 0.077 0.172 0.017 0.067 0.875
BK-05-02A 306.50 308.00 1.5 0.113 0.225 0.017 0.08 1.075
BK-05-02A 308.00 308.75 0.8 0.134 0.288 0.018 0.095 1.165
less less
than than
BK-05-02A 308.75 309.80 1.1 0.006 0.014 0.002 0.005 0.054
BK-05-02A 309.80 310.10 0.3 0.168 0.392 0.02 0.129 1.385
BK-05-02A 310.10 310.58 0.5 0.013 0.041 0.004 0.01 0.191
BK-05-02A 310.58 311.50 0.9 0.187 0.427 0.026 0.128 1.715
BK-05-02A 311.50 312.50 1.0 0.166 0.481 0.024 0.174 1.71
BK-05-02A 312.50 314.00 1.5 0.237 0.504 0.027 0.115 1.825
BK-05-02A 314.00 315.00 1.0 0.136 0.401 0.024 0.119 1.575
BK-05-02A 315.00 315.80 0.8 0.137 0.397 0.026 0.105 1.555
BK-05-02A 315.80 316.35 0.6 0.104 0.201 0.017 0.046 1.08
less
than
BK-05-02A 316.35 317.40 1.0 0.008 0.013 0.002 0.005 0.087
BK-05-02A 317.40 318.54 1.1 0.112 0.268 0.019 0.125 1.355
less
than
BK-05-02A 318.54 318.90 0.4 0.019 0.028 0.002 0.019 0.13
BK-05-02A 318.90 320.00 1.1 0.132 0.406 0.024 0.127 1.675
BK-05-02A 320.00 320.90 0.9 0.225 0.572 0.027 0.239 2.08
BK-05-02A 320.90 321.70 0.8 0.21 0.371 0.021 0.102 1.5
BK-05-02A 321.70 322.00 0.3 0.02 0.034 0.003 0.009 0.141
BK-05-02A 322.00 323.00 1.0 0.148 0.313 0.024 0.109 1.745
BK-05-02A 323.00 324.50 1.5 0.149 0.332 0.025 0.122 1.65
BK-05-02A 324.50 326.00 1.5 0.194 0.372 0.026 0.102 1.85
BK-05-02A 326.00 326.55 0.6 0.119 0.378 0.019 0.151 1.515
BK-05-02A 326.55 327.00 0.4 0.195 0.348 0.027 0.142 2.16
BK-05-02A 327.00 328.00 1.0 0.254 0.493 0.027 0.193 1.945
BK-05-02A 328.00 329.35 1.4 0.333 0.426 0.026 0.113 1.83
BK-05-02A 329.35 330.00 0.6 0.123 0.239 0.014 0.068 1.07
BK-05-02A 369.70 371.00 1.3 0.12 0.312 0.019 0.12 1.12
BK-05-02A 371.00 371.50 0.5 0.16 0.42 0.02 0.093 1.075
BK-05-02A 371.50 371.90 0.4 0.207 0.436 0.024 0.028 2.1
BK-05-02A 371.90 372.50 0.6 0.122 0.229 0.014 0.018 0.7
BK-05-02A 372.50 374.00 1.5 0.052 0.118 0.016 0.027 0.752
BK-05-02A 374.00 375.50 1.5 0.042 0.1 0.018 0.03 0.633
BK-05-02A 375.50 377.00 1.5 0.051 0.146 0.018 0.057 0.809
BK-05-02A 377.00 378.00 1.0 0.08 0.234 0.021 0.115 1.02
BK-05-02A 378.00 378.60 0.6 0.028 0.059 0.014 0.022 0.528
BK-05-02A 378.60 380.00 1.4 0.095 0.268 0.021 0.084 1.195
BK-05-02A 380.00 381.50 1.5 0.175 0.407 0.024 0.223 1.435
BK-05-02A 381.50 382.40 0.9 0.116 0.234 0.018 0.07 1.195
BK-05-02A 382.40 383.00 0.6 0.059 0.124 0.01 0.036 0.634
BK-05-02A 383.00 383.30 0.3 1.375 0.959 0.091 0.055 6.93
BK-05-02A 383.30 383.75 0.4 0.132 0.21 0.014 0.067 0.992
BK-05-02A 383.75 384.95 1.2 0.066 0.144 0.016 0.054 0.757
BK-05-02A 384.95 385.30 0.4 0.034 0.064 0.01 0.026 0.434
BK-05-02A 385.30 385.61 0.3 0.068 0.182 0.02 0.045 0.977
BK-05-02A 385.61 386.80 1.2 0.064 0.158 0.013 0.057 0.709
less less
than than
BK-05-02A 386.80 387.45 0.6 0.005 0.001 0.003 0.005 0.018
BK-05-02A 387.45 388.47 1.0 0.082 0.244 0.009 0.035 0.661
BK-05-02A 388.47 389.00 0.5 0.153 0.283 0.015 0.102 0.878
BK-05-02A 389.00 390.50 1.5 0.078 0.229 0.017 0.051 0.827
BK-05-02A 390.50 392.00 1.5 0.114 0.221 0.018 0.087 0.893
BK-05-02A 392.00 393.00 1.0 0.048 0.17 0.017 0.057 0.875
BK-05-02A 393.00 393.85 0.9 0.054 0.334 0.018 0.124 1.06
NOTE: There is a Map available on CCNMatthews' website at: http://www2.ccnmatthews.com/database/fax/2000/CML303.PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. CROWFLIGHT MINERALS INC. (TSX VENTURE:CML) |
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