Crowflight Appoints Kevin Zhu to Board of Directors
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TORONTO, ONTARIO -- (Marketwire) -- 09/20/10 -- CROWFLIGHT MINERALS INC. ('Crowflight' or the 'Company') (TSX: CML) today announces the appointment of Kevin Zhu (Xuexin), M.Eng, PMP to its Board of Directors, effective September 20, 2010
Kevin is a PMI-certified project management professional with 20 years' experience in planning, design and construction management of open pit and underground mines in China and Canada. Prior to joining Crowflight, he worked at Continental Minerals Corporation for two years as project manager of Xietongmen project, two years with Eldorado Gold Corporation as senior mining engineer and chief engineer at Tanjianshan mine, and six years with Sino Gold Limited as senior manager at JCL gold mine and White Mountain project. He holds a Masters in Mining Engineering from Laurentian University.
Kevin will act at King Place Enterprises Limited's ('King Place') representative on the Crowflight Board of Directors. King Place and Crowflight agreed to appoint a representative of King Place to the Crowflight Board of Directors following the most recent private placement (see press release dated August 27, 2010).
Crowflight's Chairman, Stan Bharti, commented, 'On behalf of the Board, I would like to welcome Kevin to Crowflight. As Crowflight's largest shareholder, King Place has played an important role for the Company in recent months and we look forward to the valuable mining experience he will be able to contribute in his role as a Board member.'
About Crowflight Minerals
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba that resumed production in March 2010. The Company also holds nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.
Cautionary Note on Forward-Looking Information
This press release contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the Company's development potential and timetable of the Company's properties, including the Bucko Lake Project; the future price of nickel and other minerals; foreign exchange rates; the estimation of mineral reserves and mineral resources; conclusions of economic evaluations; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; capital expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.
Estimates regarding the anticipated timing, amount and cost of mining at the Bucko Lake Project are based on assumptions underlying mineral reserve and mineral resource estimates and the probability of realizing such estimates that are set out herein. Capital and operating cost estimates are based on extensive research of the Company, purchase orders placed by the Company to date, recent estimates of construction and mining costs and other factors that are set out herein. Production estimates are based on mine plans and production schedules, which have been developed by the Company's personnel and independent consultants. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks of the Company described in its annual information form that is available under its profile on SEDAR at www.sedar.com. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
Contacts:
Crowflight Minerals Inc.
Mark Trevisiol
President & CEO
(416) 861-5893
Crowflight Minerals Inc.
Heather Colpitts
Manager, Investor and Public Relations
(416) 861-5803
info@crowflight.com
www.crowflight.com