Crowflight Minerals Inc.
TSX VENTURE : CML

Crowflight Minerals Inc.

October 12, 2005 09:54 ET

Crowflight to Host Webcast on Winter 2006 Regional Exploration, Additional Results from Bucko Drilling and Update Progress on Feasibility Study

TORONTO, ONTARIO--(CCNMatthews - Oct. 12, 2005) - CROWFLIGHT MINERALS INC. (TSX VENTURE:CML) will host a web cast conference call on Thursday, October 13, 2005 to update investors on its winter 2006 regional exploration targets with operator Falconbridge Limited, report on additional drill results from its summer 2005 Bucko Lake Deposit Drilling and update progress on the feasibility study the Company is conducting on the Bucko Lake Deposit, Thompson Nickel Belt, Manitoba. Crowflight President and Chief Executive Officer Thomas Atkins; Vice President Operations Paul Keller; Project Development Manager Peter Karelse; and Manager Exploration, Greg Collins will present during the call along with Falconbridge Manager Nickel Exploration-North America, Robin Adair.

Webcast Details:

Date: Thursday, October 13, 2005

Time: 11:00 AM EDT

Available on Crowflight Website: http://www.crowflight.com.

This call will be available as an archive on Crowflight's website following the completion of the webcast for a period of at least three months.

Crowflight - The Base Metal Builder

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 Nickel Deposit; (2) an earn-in option with Falconbridge Limited 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; and (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.

In the Sudbury Basin, these properties include: (1) the 100% owned AER Kidd Project adjacent to Inco's Totten Deposit (10.1 million tonnes @ 1.5% Nickel, 2% Cu, 4.8 g/t PGM's); (2) the Airport Property (a 50/50 joint venture with Millstream Mines Ltd.) located 4 km south, and on-strike, with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes @ 3.5% Cu, 1.7% nickel, 0.8 g/t Au, 4.1 g/t PGM's); and (3) the 100% owned Peter's Roost Property.

Further information is available on the Company's web site at www.crowflight.com.

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 TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Total Shares Outstanding: 98.6MM

Fully Diluted: 137.7MM

52-Week Trading Range: C$0.18 - 0.41

Contact Information

  • Crowflight Minerals Inc.
    Thomas Atkins
    President and CEO
    (416) 861-5900
    (416) 861-8165 (FAX)
    www.crowflight.com