Crowflight Minerals Inc.

Crowflight Minerals Inc.

January 15, 2007 14:53 ET

Crowflight Announces New Appointments to Its Technical Team

TORONTO, ONTARIO--(CCNMatthews - Jan. 15, 2007) - CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX VENTURE:CML) is pleased to announce the appointment of Mssrs. Greg Collins, PGeo, to the position of Vice President Exploration, Ken Marcinyshyn, PEng, to the position of Mine Manager and Dale Lane, PEng, to the position of Mill Superintendent. Greg Collins replaces Jean Lafleur as Vice President Exploration, who over the past year has been devoting the majority of his time towards his private geological consulting practice.

Thomas Atkins, Crowflight's President and CEO, commented on the appointments, stating: "I'd like to thank Jean Lafleur for his efforts as VP Exploration in the Company's earlier activities in Sudbury and during its entrance into the Thompson Nickel Belt and wish him success in his future endeavours. Crowflight is pleased to have been able to attract such a capable group of professionals. Myself and Paul Keller, Crowflight's VP Operations, are very pleased to be working with these individuals and look forward to their input as we continue to grow our management and operating team coincident with the advancement of the Company's exploration and project development activities."

Mr. Collins has demonstrated his management abilities over the past year and a half with Crowflight. He brings 13 years of Canadian and International experience to the exploration leadership role with particular expertise in magmatic nickel/copper sulphide, platinum group element and polymetallic, volcanogenic massive sulphide deposits which fit extremely well with the Company's exploration portfolio. Additional strengths in resource estimation and mining feasibility complement the Company's Bucko Project development. Mr Collins is registered with the professional geo-science associations in Ontario and Manitoba, and is certified with the Canadian Securities Industry.

Mr. Marcinyshyn, has held senior engineering, project management, general foreman and superintendent positions in Canadian underground mining operations over the past twelve years. He holds a Masters degree in Rock Mechanics and has developed excellent management skills ideally suited to the needs of the Bucko Mine Project.

Mr. Lane, has exceptional breadth and depth of metallurgical, milling and mineral processing knowledge gained over more than 25 years in hands-on, operational management and consulting roles. Of particular value, as the Company builds the team for the new milling operations, is his expertise in education and training, supplemented by a sound understanding of the requirements necessary for the operation of a cost effective and productive concentrator.

Crowflight - Canada's Next Nickel Producer

Crowflight Minerals Inc. is a Canadian junior mining exploration and development company listed on the TSX Venture Exchange. The company is focused on nickel, copper and Platinum Group Mineral ("PGM") projects in the Thompson Nickel Belt ("TNB") and Sudbury Basin. The company currently owns and/or has under option approximately 600 square kilometres of exploration and development properties in Manitoba and Ontario.

In Manitoba, these properties include: (1) the Bucko Lake Nickel Deposit; (2) an earn-in option with Xstrata Nickel on five highly prospective properties (Bucko/Bowden, Resting Lake, Rock Island Lake, Halfway Lake and Gonlin Lake) on the TNB South Project located within 30 kilometres of the Bucko Deposit; (3) six additional properties (Burntwood River, Birchtree South, Birchtree North, Airport, Moak Lake and Strong Lake) located 100 kilometres to the north on the TNB North Project; and (4) a 100% interest in approximately 100 square kilometres of recently staked ground south of the TNB South Project Area.

In the Sudbury Basin, these properties include: (1) the 100% owned AER Kidd Project adjacent to Inco's Totten Deposit (10.1 million tonnes grading 1.5% nickel, 2.0% copper and 4.8 g/t PGM's); (2) the 100% owned Peter's Roost Property, being explored under a joint venture agreement with Wallbridge Mining Co. Ltd.; and (3) the Airport Property (a 50/50 joint venture with Millstream Mines Ltd.) located 4 kilometres south, and on-strike, with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes grading 1.7% nickel, 3.5% copper and 4.1 g/t PGM's).

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 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 Company cautions investors that the projections for increases to the Indicated Resources are based on Inferred Resources. There is no certainty that these projections will be added to the Indicated Resources or that they will be economically viable.

Total Shares Outstanding: 198.5MM

Fully Diluted: 229.9MM

52-Week Trading Range: C$0.18 - $0.54

Contact Information

  • Crowflight Minerals Inc.
    Thomas Atkins
    President and CEO
    (416) 861-5900
    (416) 861-8165 (FAX)
    Ascenta Capital
    Bruce Korhonen
    (604) 684-4743 ext 230