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Gold/Mining/Energy : Crowflight Minerals

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To: E. Charters who wrote (6)10/29/2012 10:49:20 AM
From: Goose94   of 10
 
Canickel's (CML-T) Bucko Lake at 2.61 Mt of 1.43% Ni P+P

Oct 29, 2012 - News Release

CANICKEL ANNOUNCES UPDATED MINERAL RESERVES AND RESOURCES FOR THE BUCKO LAKE NICKEL PROJECT

CaNickel Mining Ltd. has released the results of an updated National Instrument 43-101 technical report, with an effective date of Oct. 19, 2012, covering Bucko Lake mine and its satellite properties, M11A, Apex, Halfway Lake and Bowden Lake, in Wabowden, Man., which will be made available for review on the SEDAR system and on the company's website in due course.

The report was prepared by Lane A. Griffin, P.Geo., Paul L. Martin, P.Eng., and Chris C. Broili, P.Geo.. These authors are independent from the Company and qualified person as defined by NI 43-101.

The report is an update of the Mineral Reserves and Resources for Bucko Lake Mine and it's satellite properties based on drilling results obtained from surface and underground drilling completed from the 1960's to 2012, as well as an overview of the current mining and milling activities at Bucko Lake Mine. The report is also prepared in response to a technical disclosure reviewed conducted by British Columbia Security Commission in February 2012.
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