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Gold/Mining/Energy : Crowflight Minerals -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (6)	3/12/2009 9:05:06 PM
From: Goose94	Respond to of 10

Crowflight soldiers on in tough nickel environment While the market remains chilly to nickel projects, Crowflight Minerals (CML-T) continues to improve the economics at its Bucko Lake nickel mine in Manitoba. The low cost nickel mine, which is wholly owned by Crowflight and sits is near Wabowden, Manitoba, has bumped up its reserves considerably by drilling done in 2007 and 2008. The company says proven and probable reserves increased to 3,708,393 tonnes grading 1.45% nickel for 118.2 million lbs of nickel. -- a 22% increase in contained nickel over previous estimate. Those numbers use a 1.25% cut-off grade. As for measured and indicated resources, using a 1% cut-off grade, the project has 2.8 million tonnes grading 1.53% nickel for 93 million lbs. of nickel. Crowflight forecasts production of 9.1 million pounds of payable nickel from 362,000 tonnes grading 1.65% nickel at projected cash cost of US$3.61 per pound for 2009. The company expects to reach full commercial production by early in the second quarter of this year and, it says, it has the potential to expand production to 1,500 tonnes per days from 1,000 tonnes per day. Crowflight has positioned itself well in an investment environment hostile to base metals. With tight credit conditions and low nickel prices it has managed to pay back all debt connected with construction and commissioning of plant and has already produced and delivered marketable nickel concentrate at a cost under the spot rate. In Toronto on March 12, the company's shares were up 0.5¢ to 17.5¢ on roughly 53,000 shares traded.

To: E. Charters who wrote (6)	3/30/2009 12:58:01 PM
From: Goose94	Respond to of 10

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.

To: E. Charters who wrote (6)	6/1/2009 10:34:01 AM
From: Goose94	Respond to of 10

News June 1, '09 Crowflight Minerals drills 18.1 m of 2.04% Ni at Bucko Crowflight Minerals (CML-T) has provided additional assay results from underground drilling results at its wholly owned Bucko Lake nickel mine located in the Thompson nickel belt near Wabowden, Man. Highlights from recent underground drilling include: 18.1 metres grading 2.04% nickel in hole BUD-91 and 22.2 metres grading 2.11% nickel in hole BUD-94. Table 1 provides a summary of the latest assay interval results. Please refer to the Company's press releases dated June 25, 2008, October 1, 2008 and January 22, 2009, and March 9, 2009 for previously-announced assay results. The purpose of this drilling was to delineate a zone of mineralization interpreted to occur approximately 100 metres north of the currently producing areas on the 1,000 foot level. Based on the results of this drilling, development towards the Phase 2 mining area located between the 1,000 foot and 900 foot levels is in progress. Mining from this second area (referred to as the North Zone) is intended to sustain increased rates of production from the underground for the duration of 2009 into 2010. Crowflight's Vice President of Exploration, Greg Collins commented, "Results from this program have been consistent with our expectations for the North Trend and have confirmed new stopes containing nickel values in excess of 2% nickel. Ore extraction from this second major mining area on 1,000 foot level is expected to greatly enhance production through the remainder of 2009 into 2010 by providing more flexible mining access to consistent volumes of ores with high nickel content." Currently the focus of production at Bucko remains on stopes developed between the 900 foot and 1,000 foot underground levels located in the South Zone. In the surface ramp, development has now provided level access to the 450 foot and 500 foot levels. Crosscuts through ore on the 450 foot and 500 foot levels are providing development ore to the mill in preparation for crown pillar stabilization and the extraction of the first stopes located in the upper portion of the deposit, which is expected to commence in the third quarter. Extraction of ore via the surface ramp is expected to further supplement production rates at Bucko in 2009. Table 1. Bucko Underground Drilling Highlight Intersections ------------------------------------------------ Core Core ------------------------------------------------ Drill Hole From To Length Length Ni% ------------------------------------------------ (m) (m) (m) (feet) % ------------------------------------------------ BUD-86 98.05 122.56 24.51 80.41 0.64 ------------------------------------------------ incl. 116.04 120.54 4.50 14.76 1.22 ------------------------------------------------ BUD-86 126.51 134.61 8.10 26.57 1.09 ------------------------------------------------ BUD-86 142.41 146.91 4.50 14.76 0.94 ------------------------------------------------ ------------------------------------------------ BUD-88 183.68 206.11 22.43 73.59 1.30 ------------------------------------------------ incl. 188.18 194.18 6.00 19.69 2.01 ------------------------------------------------ ------------------------------------------------ BUD-89 137.19 146.43 9.24 30.31 1.18 ------------------------------------------------ BUD-89 169.72 176.30 6.58 21.59 2.21 ------------------------------------------------ incl. 174.08 176.30 2.22 7.28 4.67 ------------------------------------------------ BUD-89 185.50 198.46 12.96 42.52 1.07 ------------------------------------------------ incl. 191.85 194.85 3.00 9.84 1.38 ------------------------------------------------ ------------------------------------------------ BUD-90 160.62 165.52 4.90 16.08 1.64 ------------------------------------------------ BUD-90 175.06 181.06 6.00 19.69 1.31 ------------------------------------------------ ------------------------------------------------ BUD-91 164.57 182.65 18.08 59.32 2.04 ------------------------------------------------ incl. 168.00 172.18 4.18 13.71 3.59 ------------------------------------------------ incl. 176.24 181.15 4.91 16.11 2.23 ------------------------------------------------ ------------------------------------------------ BUD-92 124.96 143.15 18.19 59.68 1.20 ------------------------------------------------ incl. 124.96 129.76 4.80 15.75 1.48 ------------------------------------------------ BUD-92 156.71 168.93 12.22 40.09 1.38 ------------------------------------------------ ------------------------------------------------ BUD-93 123.08 132.53 9.45 31.00 1.11 ------------------------------------------------ BUD-93 147.00 159.94 12.94 42.45 1.81 ------------------------------------------------ incl. 147.00 150.40 3.40 11.15 3.23 ------------------------------------------------ ------------------------------------------------ BUD-94 194.81 217.00 22.19 72.80 2.11 ------------------------------------------------ incl. 194.81 209.01 14.20 46.59 2.67 ------------------------------------------------ ------------------------------------------------ BUD-95 175.88 181.63 5.75 18.86 1.54 ------------------------------------------------ BUD-95 187.90 208.91 21.01 68.93 1.96 ------------------------------------------------ incl. 187.90 197.46 9.56 31.36 2.37 ------------------------------------------------ ------------------------------------------------ BUD-96 143.90 154.00 10.10 33.14 1.68 ------------------------------------------------ BUD-96 164.73 188.31 23.58 77.36 2.21 ------------------------------------------------ ------------------------------------------------ BUD-97 126.26 145.57 19.31 63.35 1.42 ------------------------------------------------ BUD-97 163.05 181.05 18.00 59.06 2.10 ------------------------------------------------ incl. 163.05 175.05 12.00 39.37 2.51 ------------------------------------------------ ------------------------------------------------ BUD-98 131.76 153.29 21.53 70.64 1.10 ------------------------------------------------ BUD-98 158.79 168.75 9.96 32.68 1.94 ------------------------------------------------ incl. 160.12 167.62 7.50 24.61 2.17 ------------------------------------------------ BUD-98 178.35 182.33 3.98 13.06 1.37 ------------------------------------------------ ------------------------------------------------ BUD-99 113.10 117.60 4.50 14.76 1.31 ------------------------------------------------ BUD-99 128.66 131.66 3.00 9.84 1.72 ------------------------------------------------ BUD-99 141.58 155.13 13.55 44.46 1.11 ------------------------------------------------ ------------------------------------------------ BUD-100 187.24 198.25 11.01 36.12 1.50 ------------------------------------------------ incl. 191.33 196.75 5.42 17.78 1.96 ------------------------------------------------ BUD-100 225.50 235.00 9.50 31.17 1.01 ------------------------------------------------ Intersection intervals reported are core lengths; actual true widths range between 80% and 100% of core length. To date in 2009, a total of 8,600 metres in 39 holes have been completed as part of the Phase 2 and ramp underground delineation and exploration programs. Additional results from the final portion of the Phase 2 program are expected over the coming weeks. The focus of underground drilling has now shifted to delineation of stopes from the ramp on the 450 foot to 600 foot levels. Initial visual results (subject to confirmation by assaying) from this program have been positive. Drilling plans in 2009 include the completion of drilling from the 450 foot level ramp, infill of mineralization in the hinge zone between 1,000 foot and the 800 foot level, and exploration of the footwall zone from the 1,000 foot level exploration drift. Crowflight also announces that it has finalized the previously-announced working capital line of credit facility for up to US$10 million from Auramet Trading LLC. This is intended to allow the Company to leverage its receivables pipeline up to six weeks sooner to bridge working capital requirements. The facility is scheduled to remain in place until March 31, 2010 with annual renewals thereafter, as mutually agreed. As part of this facility, Crowflight will hedge the price of nickel and possibly the Canadian/US dollar exchange rate at the time the nickel concentrate is delivered to the smelter to mitigate the potential impact of provisional pricing adjustments on final settlement of nickel deliveries approximately three to five months in the future as per the terms and conditions of the Xstrata Nickel - Crowflight Smelter Offtake Agreement. Qualified Person/Quality Control Procedures This press release has been prepared and reviewed by Mr. Greg Collins, P.Geo. (APGO/APEGM) and VP 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.

To: E. Charters who wrote (6)	10/29/2012 10:49:20 AM
From: Goose94	Respond to 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.