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Crowflight Introduces Strengthened Management Team.


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.
) announces its strengthened management team to advance the Company's 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 from feasibility through to production and manage its surrounding advance exploration properties in the Thompson Nickel Belt
''For the provincial electoral district, please see Nickel Belt (provincial electoral district)


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.
. Crowflight has an option to earn a 100% interest in the Bucko Deposit by completing a bankable bank·a·ble  
adj.
1. Acceptable to or at a bank: bankable funds.

2. Guaranteed to bring profit: a bankable movie star.
 feasibility and arranging financing. Crowflight is also earning a 50% interest in the surrounding 190 square km around Bucko consisting of the Halfway Lake, Bowden and Resting Lake Properties in a Joint Venture with Falconbridge Ltd.

Management Team

The Management Team has been strengthened to include operating and engineering personnel. Key personnel in the Team are:

Mr. Stan Bharti (P.Eng.), 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. : Mr. Bharti is a professional Mining Engineer with over twenty-five years experience managing and financing mining operations with international organizations, including Falconbridge Ltd. Most recently, Mr. Bharti was President of Desert Sun Mining Corp. (TSX:DSM 1. DSM - Data Structure Manager.

An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output.
) (AMEX AMEX

See: American Stock Exchange
:DEZ DEZ Dezember (German: December)
DEZ Disease Eradication Zone
DEZ Death Egg Zone (Sonic 2/3 & Knuckes level)
DEZ Di-Ethylzinc
) Under Mr. Bharti's leadership, Desert Sun successfully completed 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.  on Jacabina Mine and significantly strengthened the Executive Management team, and the Jacobina Mine, on the Bahia Gold Belt in northeastern Brazil, is scheduled to begin gold production in early 2005.

Mr. 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.
, (P. Geo.), Vice President, Exploration: Mr. Lafleur has been active in the mineral exploration field for more than 20 years with major international mining companies such as Newmont Mining Newmont Mining Corporation NYSE: NEM, based in Denver, Colorado, USA, is one of the world's largest producers of gold, with active mines in, Nevada, Indonesia, Australia/New Zealand, Ghana, and Peru. Some smaller operations include Bolivia, Mexico, and Canada.  Corp., Falconbridge Ltd., and Placer Dome Placer Dome was a large mining company specializing in gold and other precious metals, with corporate headquarters in Vancouver, British Columbia, Canada.

Barrick has acquired 100% of the Placer Dome shares on January 20, 2006, and has integrated the company into its own.
 Inc. Mr. Lafleur brings a proven track record in mineral exploration leading to discovery, strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  and leadership skills.

Rick Adams, (P. Eng.), Mine Manager: Mr. Adams has over 30 years of mining experience and has held positions of increasing responsibility in operating mines in Canada, from Junior Engineer to Superintendent. Since 1980, he has worked in senior capacities in the mine contracting and consulting field with major Canadian engineering and contracting firms in mine design, construction and operations. He has been involved and managed this construction and operation of several projects for companies including Inco Falconbridge, Denison and Curragh This article is about the plain in County Kildare. For the racecourse on the plain, see Curragh Racecourse. For the willow scrub habitat known as curragh on the Isle of Man, see Curragh (habitat). For the Irish boat, see Currach. . His primary responsibility at Crowflight is the construction and development of the Bucko Deposit.

Mr. Richard Adams (P. Eng), Manager, Engineering, was most recently Managing Consultant with Hatch Associates, having managed or consulted in over 30 international projects in all aspects of the mining and metals industry. Prior to Hatch, he was Senior Engineer at Teck- Cominco's David Bell Mine, and has previously held a number of engineering and consulting postings with most of the world's largest resource companies, including AngloGold, Barrick, Placer Dome, Cambior, Inco, Falconbridge, Hudson Bay Mining & Smelting, DeBeers, Rio Tinto, Syncrude and Xstrata. Rick has a proven international record in mine finance, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , construction, development, planning, and operations. Richard's primary responsibility is to coordinate all engineering and permitting for Bucko, including the feasibility study.

David Meyer, Vice President, Corporate Development: Mr. Meyer is a mining professional with 15 years experience in Exploration & Corporate Development with a number of mining companies including Hudson Bay Mining.& Smelting Ltd. Mr. Meyer also spent more than 6 years as a senior institutional equity analyst and corporate finance professional.

Peter Karelse (P.Geo), Manager, Geology: Mr. Karelse is an experienced exploration geologist with over 35 years experience with numerous successful mining companies including other companies related to Crowflight Minerals. Peter will be responsible for mineral resources and mine exploration at Bucko.

Advisory Board

Crowflight has also created an advisory board of highly respected Mining, Metallurgical, Business Management, and Financial professionals to advise the Company's management on the advancement of the Company's projects:

Peter Rowlandson, P. Eng., Special Advisor, Mining: Mr. Rowlandson has held a number of engineering and senior management postings throughout his 34 year career with large mining organizations, including Rio Algom, Inco, Pamour, Canamax and Teck Cominco. Most recently, Mr. Rowlandson was Manager for the Williams Mine and General Manager for Teck's Hemlo Operations (with total gold production of 550,000 ounces per year at the Williams and Bell Mines). Peter is a recognized mining specialist with expertise in all aspects of mining, from mine construction through to production management, with particular success at increasing mine production and lowering operating and administrative costs administrative costs,
n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided.
. Mr. Rowlandson's 34 years of experience in Canada with the mining industry has included representation on several committees related to health/safety, environmental issues, and labour relations. His practical industrial and management expertise will be particularly useful for Crowflight at Bucko, where the Company is initiating various technical studies to examine the viability of putting the Mine into production.

Mr. Brent Chertow, P.Eng, has held a number of executive and senior management postings throughout his 29 year career with Falconbridge and Noranda/Falconbridge. Most recently, Mr. Chertow was President of Canadian Copper and Recycling. Brent is a growth-driven top management executive with extensive experience in business development, multi-plant processing operations, finance, strategic planning, technology, labour negotiations, quality assurance and environmental health and safety, as well as a proven ability to form and lead competent teams, define courses of action, achieve significant cost reductions, streamline processes, and deliver measurable financial results.

Michael Throssell, Special Advisor, Metallurgy. Mr. Throssell has held a number of senior management positions over his 30 year career with Inco Limited from 1970 to 2003. His experience includes; General Manager, Smelting and Copper Business (Canadian operations), Vice President, Milling, Smelting and Refining (Sudbury), Mills Manager (Sudbury), Superintendant - Clarabelle (Sudbury) and Shebandowan (Thunder Bay) Mills, and various developmental positions in milling technical and operations supervision in the Sudbury area.

Crowflight - The Base Metal Builder

Crowflight is a Canadian junior mining exploration 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.
 focused on Nickel, Copper and Platinum Group Minerals exploration in the Thompson Nickel Belt and Sudbury Basin. The Company's properties includes the Bucko Deposit in Thompson, where the Company is conducting a feasibility study, and three highly prospective properties in a Joint Venture with Falconbridge Ltd around Bucko - the Bowden, Resting Lake and Halfway Lake Properties.

A recently completed scoping study on The Bucko Deposit by Micon International Limited (described in a press release of October 28, 2004), indicated rates of return of between 45% and 89% at nickel prices from US$4.00 per pound to US$5.00 per pound nickel respectively using current indicated resources only.

If the project's current Indicated and Inferred Resources are combined, Micon estimates that Bucko can operate an underground mining project at 1,000 tonnes per day and produce over 14 million pounds of Nickel, almost one million pounds of Copper and 100,000 pounds of Cobalt per year, at a cash cost of US $2.72 per pound of Nickel, net of by-product by·prod·uct or by-prod·uct  
n.
1. Something produced in the making of something else.

2. A secondary result; a side effect.


by-product
Noun

1.
 credits. The project Net Present Value increases to between US $29 million to US $70 million at a 15% Discount Rate, with a Rate of Return of between 59% to 112%, at US $4.00 to US $5.00 per pound Nickel, respectively. However, Inferred Resources are considered too speculative geologically to have any economic considerations applied to them that would enable them to be considered as ore reserves.

It must be cautioned that this preliminary economic evaluation prepared by Micon is not adequate to definitively confirm the economics of the Bucko Deposit. A Pre-feasibility or Feasibility study as defined under NI-43-101 is required for this purpose. Micon also cautions that the results presented in the study are preliminary in nature. In addition, the Inferred Mineral Resources cannot be converted to mineral reserves due to the low confidence level of the resource without additional drilling. Also, there is no guarantee that further exploration will be successful in adding to the confidence level of the resources, and there is no certainty that the preliminary assessment will be realized.

The Company also has several advanced projects in Sudbury, which include the AER Kidd Project adjacent to Inco's Totten Mine (10.1 million tonnes @ 1.5% Ni, 2% Cu, 4.8 g/t PGE's), Airport Property (a 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), Marble Mountain Option, Copenhagen Option, Mystery Offset Dyke Option and Peter's Roost.

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 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 statements".

Crowflight Minerals Inc. (TSX VENTURE:CML)
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Nov 17, 2004
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