March 30, '09
Crowflight Minerals (CML-T) has released an update on underground diamond drilling results from its wholly owned Bucko Lake nickel mine located in the Thompson nickel belt near Wabowden, Man.
Assay results from the first six holes drilled in 2009 as part of the phase 2 underground delineation drilling at Bucko Lake are reported in this release. Highlights include 6.64 metres grading 3.30 per cent nickel in hole BUD-82 and 5.33 metres grading 2.55 per cent nickel in hole BUD-83.
Crowflight's vice-president of exploration, Greg Collins, commented: "Assay results from the phase 2 underground drilling program continue to yield encouraging results that are consistent in grade with the mine plan and production targets for this year. Drilling has confirmed extensions of mineralization associated with current production areas offset across a large pegmatite dike. We believe that this new area is shaping up to be the next commercial mining zone for the Bucko mine."
To date, a total of 6,458 metres in 28 holes have been completed as part of the phase 2 underground delineation and exploration program currently under way. Phase 2 drilling is designed to confirm mineralization between sections 521 and 525N, between the 1,000-foot and 800-foot mining levels. Mineralization between these sections on the 1,000-foot level is planned for extraction in 2009. Drilling plans in 2009 include the completion of the phase 2 program, drilling from the 450-foot level ramp to finalize crown pillar design and delineate additional stopes to be extracted by the surface ramp, infill of mineralization in the hinge zone between the 1,000-foot and the 800-foot level, and exploration of the footwall zone from the 1,000-foot-level exploration drift.
The attached table provides a summary of the latest assay interval results received. Please see the company's news releases for previously announced Bucko assay results.
ASSAY RESULTS FROM PHASE 2 UNDERGROUND DRILLING AT BUCKO
Hole From To Length (m) Ni(%)
BUD-81 144.00 159.00 15.00 1.01
Including 148.50 151.50 3.00 1.25
BUD-81 175.49 192.39 16.90 1.43
Including 175.49 181.50 6.01 1.77
Including 187.00 192.39 5.39 1.67
BUD-82 145.61 152.25 6.64 3.30
BUD-83 121.50 131.61 10.11 0.97
BUD-83 136.64 157.50 20.86 1.35
Including 147.67 153.00 5.33 2.55
BUD-83 161.69 172.60 10.91 0.95
BUD-84 124.55 135.52 10.97 0.92
Including 129.04 132.00 2.96 1.52
BUD-84 147.00 150.34 3.34 2.12
BUD-85 97.50 100.76 3.26 1.07
BUD-85 118.99 124.46 5.47 1.79
BUD-85 127.47 136.42 8.95 1.55
Including 130.00 136.00 6.00 1.84
BUD-86 98.05 122.56 24.51 0.64
Including 116.04 120.54 4.50 1.22
BUD-86 126.51 134.61 8.10 1.09
Including 131.50 134.61 3.11 1.29
BUD-86 142.41 146.91 4.50 0.94
Intersection intervals reported are core lengths. Actual true widths range
between 80 per cent and 100 per cent of core length.
Qualified person/quality control procedures
This news release has been prepared and reviewed by Greg Collins, PGeo (APGO/APEGM), and vice-president, Exploration, of Crowflight, a qualified person under the National Instrument 43-101 guidelines. All assays were performed at the ALS-Chemex laboratory in Vancouver and undergo an ICP-AES finish and sodium peroxide fusion. Standards and blanks are submitted with each sample batch. |
