Crowflight Receives Assays From The Bucko Deposit.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. ) wishes to announce it has received assay results from the core re-sampling program 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 completed by Mr. Alain Beauregard, Geo., of GEOLOGICA Inc. of Montreal Of Montreal is an American indie pop band formed in Athens, Georgia, fronted by Kevin Barnes. It was among the second wave of groups to emerge from The Elephant 6 Recording Company. , an independent Qualified Person under NI 43-101. Mr. Beauregard is currently completing the Bucko Deposit Report (refer to the previous Crowflight Press Release dated September 8, 2004). GEOLOGICA's assays confirm the higher grade Nickel content of the Bucko Deposit. There is also a significant 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. Elements (PGE's) presence, which was not previously documented at Bucko. "These new assay results demonstrate that the historical database at Bucko is of excellent quality and can be used in the current scope of work to ultimately define Measured and Indicated Resources", stated Jean Lafleur, P. Geo., and 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. of Crowflight Minerals Inc. "The presence of PGE's is a bonus, which could have an impact on the potential economics at Bucko". A total of 11 intervals were re-sampled from the historical core from the Bucko Deposit to validate a number of mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. intersections. Assay results are:
Historical GEOLOGICA
DDH From To Core Assays(a) Assays
No. (metres) (metres) Length Ni Cu PGE's Ni Cu PGE's
(metres) (%) (%) (g/t) (%) (%) (g/t)
N-1
(West Limb, Lower Lens)
361.13 361.61 0.48 0.41 0.12 n/a(b) 8.91 0.13 2.77
361.61 362.79 1.18 4.87 0.12 1.32 5.74 0.08 1.52
N-11
(West Limb Zone, Upper Lens)
318.06 319.23 1.17 5.91 n/a n/a 5.18 0.25 0.88
(West Limb Zone, Middle Lens)
330.57 331.49 0.92 22.90 n/a n/a 19.45 0.64 0.92
337.49 338.80 1.31 6.32 n/a n/a 8.81 0.06 2.02
(West Limb Zone, Lower Lens)
358.15 360.41 2.26 2.97 n/a n/a 1.57 0.09 0.21
N-12
(West Limb Zone, Upper Lens)
299.00 300.21 1.21 8.42 n/a n/a 6.93 0.54 0.92
(West Limb Zone, Middle Lens)
311.00 311.69 0.69 20.80 n/a n/a 19.00 0.06 2.01
313.72 314.82 1.10 5.98 n/a n/a 6.11 0.29 2.31
319.67 321.04 1.37 2.74 n/a n/a 3.43 0.70 0.92
(West Limb Zone, Lower Lens)
346.73 347.76 1.03 3.19 n/a n/a 3.17 0.13 0.85
(a) from Nuinsco Resources Limited diamond drill holes completed in 2000 (b) no assays reported The GEOLOGICA assay samples represent 1/4 splits from core stored at the Falconbridge office site in Wabowden, Manitoba. The core was sawed and bagged on site, and shipped for multi-element assaying at ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex in Vancouver. Nickel and Copper were analyzed by the Atomic Absorption method after acid digestion, whereas the PGE's were analyzed by the ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. method. A series of laboratory assay control samples (standards, blanks and duplicates) were inserted in the assay stream. A number of separate resource estimates were done by Falconbridge between 1968 and 2000 for the Bucko Deposit using different combinations of surface and underground diamond drill holes and parameters. The most widely used historical resource estimate for the Bucko Deposit was estimated in 1992 (prior to NI 43-101) at 2.5 million tonnes grading 2.23% Nickel and 0.17% Copper included within a global resource of 19 million tonnes grading 1% Nickel. In the opinion of Mr. Alain-Jean Beauregard, Geo., of GEOLOGICA Inc. of Montreal, an independent Qualified Person under NI 43-101 who has reviewed the data and estimation procedures, as outlined in a letter to the Company dated August 19, 2004, the historical resource (both higher grade and global resource) would be reportable as an Inferred Mineral Resource under the guidelines of NI 43-101. The higher grade resource occurs in 7 lenses - 3 in the West Limb Zone (Lower, Middle and Upper lenses) and 4 in the Hinge Zone (A, B, C and D lenses). The West Limb Zone extends for 400 metres in strike length and 800 metres down dip length. Crowflight, as operator, has initiated a delineation and exploration program at the Bucko Deposit as described in the September 8 Press Release. The main objective of the program will be to upgrade historical resources at Bucko to the Measured and Indicated Mineral Resource categories and produce a resource estimate that is compliant under NI 43-101 guidelines. This would be used to proceed with 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. . 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 company currently owns and has under option more than 365 km2 in Manitoba and Ontario, containing three highly prospective properties in the Thompson Nickel Belt - Bucko-Bowden, Resting Lake and Halfway Lake, and six in Sudbury - AER Kidd, 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.), Marble Mountain Option, Copenhagen Option, Mystery Offset Dyke Option and Peter's Roost. 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) |
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