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Crowflight Partners with Falconbridge on Second Highly Prospective Land Package Adjacent to Inco's Birchtree Mine in 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 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.
: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 that it has entered into an option agreement with Falconbridge Limited ("Falconbridge") to acquire a 50% interest 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.
 North Project (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) 
 North) covering the Burntwood River, Birchtree South, Birchtree North, Airport, Moak Lake and Strong Lake Properties within the Thompson Nickel Belt ("TNB"). The exploration ground is adjacent to Inco's Birtchtree Mine (refer to the appended location map below).

Property Location Map: http://www2.cdn-news.com/database/fax/2000/crow01.pdf

Key highlights :

- The 250 km2 TNB North Project properties are located within 2 to 35 km of the town of Thompson, Manitoba The City of Thompson, "Hub of the North" is the regional trade and service centre of Northern Manitoba. The city is located 830 kilometers north of the international border, and 739 kilometers north of the provincial capital of Winnipeg, and is 396 kilometers Northeast of Flin , due west and just north of INCO's Thompson-Birchtree Mine Operations.

- INCO INCO International Cooperation
INCO International Nickel Company
INCO Instrumentation & Communications Officer (NASA Mission Control Flight Controller)
INCO Installation & Checkout
INCO Infanteriecompagnie (Dutch) 
 currently operates the Thompson and Birchtree Mines, with annual production of more than 100 million pounds of Nickel and has existing reserves of 34 million tonnes grading 2.19% Nickel and 0.15% Copper.

- The Thompson Nickel Belt has already yielded an estimated 4.5 billion pounds of Nickel - equivalent to 64 million ounces of gold at current Nickel and Gold prices of US$ 6.20 per pound and US$ 435.00 per ounce, respectively.

- The TNB North Project covers key Thompson / Birchtree-type Nickel bearing geology along multi-kilometric strike lengths.

- Nickel sulphide 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.
 of the Thompson / Birchtree-type is associated with specific rock types (ultramafics and sulphide iron formations), and the large, 25+ million tonne deposits generally occur as blow-outs within folded and repeated narrow sedimentary horizons that may cover several tens of kilometers in strike length.

"Crowflight has acquired an option on another significant asset in the World-Class Thompson Nickel Belt that offers excellent potential for discovery and definition of 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.  Metals resources", stated Stan Bharti, Crowflight's 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 adds "Crowflight was a natural choice for Falconbridge, based on our partnership further south in the Belt 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 and the surrounding exploration claims. Crowflight has also demonstrated the ability to finance and advance the development of the Bucko Deposit. Previous work on the TNB North Project has indicated that all six properties cover favourable geology for potential Nickel deposits, including a number of very interesting drill intersections. Both Crowflight and Falconbridge are committed to finding significant Nickel, Copper and Platinum Group Metals viable resources on all their assets in the Thompson Nickel Belt."

"We are excited about teaming up with Crowflight on these key properties within the Thompson Nickel Belt. Crowflight is the logical partner for this work since we already have a very strong partnership with them in the Bucko area, 100 kilometres to the south, also within the Thompson Camp. We have mobilized drills to both property packages and plan to begin drilling immediately on the TNB North Project", said Falconbridge's Robin Adair, Exploration Manager (Nickel) for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .

Previous results from the TNB Thompson North Project

The TNB Thompson North Project is located 100 km northeast of Crowflight's / Falconbridge's 190 km2 property package in the Wabowden segment of the TNB, where the Company has initiated 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.  at the Bucko Deposit. Falconbridge previously spent $C 3.5 million on the TNB North Project properties, which demonstrated the high potential for Nickel-Copper-Platinum Group Metals mineralization, as suggested by the presence of Thompson / Birchtree-type Nickel-bearing geology along multi-kilometric strike lengths.

At the Burntwood River Property, two strong parallel conductive horizons with strike lengths of greater than 3.5 kilometers on the North Zone (Jacmar) and 1.5 kilometers on the South Zone correspond to sulphide breccia breccia: see conglomerate.
breccia

Coarse sedimentary rock consisting of angular or nearly angular fragments larger than 0.08 in. (2 mm). Breccia commonly results from processes such as landslides or geologic faulting, in which rocks are fractured.
 horizons, which have been the focus of past drilling by Falconbridge:

- In 1985, six holes were drilled along a 1,500 meter strike length of one of the conductors on the south claim block (South Zone), where M-12 intersected 1.12% Nickel over 3.8 metres and M-9 intersected 2.2% Nickel over 1.1 metres.

- In 1994, MS94-20 intersected 84 meters of altered ultramafics, including a zone containing 2 to 3% disseminated sulphides which assayed 0.61% Nickel over 7.3 metres, on a new exploration target.

- In 1996, two drill holes returned assays of 3.33% Nickel over 0.8 metres and 2.13% Nickel over 0.4 metres at a vertical depth of 300 meters on the North Zone (Jacmar). One additional hole drilled adjacent to the Thompson Municipal Airport boundary intersected 1.99% Nickel over 0.4 metres, The Airport property covers the strike extension of this mineralization.

- The four holes drilled in 1997 intersected Thompson / Birchtree-type geology, including 1.3 metres of massive sulphide (North Zone), which assayed 0.82% Nickel in drill hole MS97-29.

The Burntwood River Property is already the subject to a joint venture agreement between Mid-North Resources Limited and Falconbridge, under which Mid-North earned a 15% interest in the property.

The Crowflight -Falconbridge Agreement on the TNB Thompson North Project

Crowflight is required to spend $C 5 million on or before April 30, 2008 to acquire a 50% interest in the TNB Thompson North Projects in tranches of $C 1.65 million by April 30, 2005; $C 1 million by April 30, 2006; $C 1 million by April 20, 2007; and a final $C 1.35 million by April 30, 2008.

In addition to the expenditures, Crowflight will immediately issue to Falconbridge, subject to regulatory approval, including without limitation, the approval of the TSX Venture Exchange, 400,000 common shares and warrants to purchase 1 million warrants for a two year period from the date of issue. The 1 million warrants would consist of 500,000 warrants exercisable at $C 0.35 and 500,000 warrants exercisable at $C 0.75.

Crowflight - The Base Metal Builder

Crowflight is a Canadian junior mining exploration company listed on the TSX Venture Exchange focused on Nickel, Copper and Platinum Group Minerals exploration in the Thompson Nickel Belt 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 in Manitoba and Ontario. This includes the Bucko Deposit in Thompson, where the Company is conducting a feasibility study, and ten highly prospective properties in a partnership with Falconbridge - four around Bucko (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).

The Company also has several advanced projects in Sudbury, which include the AER Kidd Project adjacent to Inco's Totten Deposit (10.1 million tonnes @ 1.5% Ni, 2% Cu, 4.8 g/t PGE's), 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), 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Crowflight Minerals Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:CML)
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Jan 12, 2005
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