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Crowflight Provides Update on Underground Drilling at Bucko
Market Wire, June, 2008
CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX VENTURE: CML) today presents results from underground drilling activities at its wholly-owned Bucko Lake Nickel Project (Bucko) located in the Thompson Nickel Belt near Wabowden, Manitoba.
Detailed drilling from the 1,000 foot level has confirmed reserves for initial production. In addition, two new zones of lower grade mineralization near existing development have been outlined. These areas have been chosen as the focus of initial mining, with mining from these areas expected to commence in August. Definition drilling targeting the central portion of the deposit on sections 517 and 521N is well in progress. Results from drilling to date have been consistent with expectations.
Highlights from the assay results include:
- Hole BUD-8 intersected 7.50 metres grading 3.18% nickel
- Hole BUD-9 intersected 4.98 metres grading 1.97% nickel
- Hole BUD-10 intersected 6.20 metres grading 1.55% nickel
- Hole BUD-47 intersected 6.60 metres grading 2.08% nickel
Table 1 provides a summary of highlight intervals from the 12 assayed holes received to date. Figure 1 illustrates the schematic location of the holes completed thus far at Bucko.
Two underground diamond drills operated by Boart Longyear are stationed on the 1,000 foot level and have completed 30 holes totalling 5,371 metres to date. The drilling results confirm the location and quality of reserves in advance of development crews currently driving lateral development toward areas of initial ore extraction.
Table 1.
Assay Results from 1,000 Foot Level Delineation Program
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Core Core
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Drill Hole From To Length Length Ni% Section
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(m) (m) (m) (feet) %
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BUD-1 64.42 70.00 5.58 18.31 0.98 513
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BUD-1 77.43 84.85 7.42 24.34 1.07 513
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BUD-1 92.81 99.20 6.39 20.96 1.14 513
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BUD-2 58.82 66.50 7.68 25.20 1.08 513
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BUD-2 71.41 75.60 4.19 13.75 1.08 513
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BUD-2 80.30 83.30 3.00 9.84 0.89 513
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----------------------------------------------------------------------
BUD-3 61.68 65.72 4.04 13.25 0.90 513
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BUD-3 73.95 78.50 4.55 14.93 1.06 513
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BUD-3 73.95 82.64 8.69 28.51 0.91 513
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----------------------------------------------------------------------
BUD-4 53.31 66.50 13.19 43.27 0.83 513
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BUD-4 78.50 86.00 7.50 24.61 0.87 513
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----------------------------------------------------------------------
BUD-5 55.69 58.00 2.31 7.58 1.14 515
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----------------------------------------------------------------------
BUD-6 78.00 79.35 1.35 4.43 1.03 515
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BUD-7 87.20 90.29 3.09 10.14 1.06 515
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BUD-8 166.88 170.33 3.45 11.32 2.17 521
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BUD-8 193.00 202.27 9.27 30.41 2.82 521
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Incl. 193.00 200.50 7.50 24.61 3.18 521
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BUD-9 135.71 147.84 12.13 39.80 1.44 521
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BUD-9 172.82 177.80 4.98 16.34 1.97 521
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BUD-9 182.80 186.00 3.20 10.50 1.37 521
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BUD-10 134.80 141.00 6.20 20.34 1.55 521
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BUD-11 109.49 115.75 6.26 20.54 1.13 521
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BUD-11 126.5 133.09 6.59 21.62 1.36 521
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BUD-47 101.51 108.11 6.6 21.65 2.08 517
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Intersection intervals reported are core lengths; actual true widths are
unknown at this time but are generally 70 to 80% of core length. Once known,
true widths are calculated for each intersection. These could vary somewhat
from time to time as the zones are re-interpreted thereby altering the
geometry.