Crowflight Announces September Production Results; Appoints Rick Sproule as Vice President of Geology
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TORONTO, ONTARIO -- (Marketwire) -- 10/21/10 -- CROWFLIGHT MINERALS INC. ('Crowflight' or the 'Company') (TSX: CML) today announces its production results for the month of September 2010 from the Bucko Lake Nickel Mine (Bucko) located in the Thompson Nickel Belt near Wabowden, Manitoba.
Bucko Production Key Performance Indicators (KPI) for the month of September are as follows:
Tonnes mined: 14,330
Tonnes processed: 14,011
Grade: 1.25% Ni
Tonnes per day (tpd) mined: 478
Tonnes per day (tpd) processed: 467
Mill performance: 46.7% (of 1,000 tpd target)
Nickel concentrate produced: 997 tonnes
Nickel concentrate grade: 13.35%
Contained pounds of nickel: 295,937
Recovery: 76.18%
As previously announced, the mill at the Bucko Mine was unavailable for a period of six days during early September for regularly scheduled maintenance that included relining of the nickel concentrator rod mill, thereby impacting production for the month. On October 1st, the Company announced the temporary suspension of ore production mining operations at the Bucko Lake Nickel Mine to facilitate the introduction of its own underground mining equipment and team and to make readjustments to address certain operational issues.
Appointment of Vice President of Geology
As well, Crowflight announces the appointment of Rick Sproule to Vice President of Geology for Crowflight. Rick has served as the Company's Chief Geologist for the Bucko Lake Nickel Mine since 2009.
Rick has over 34 years of experience in exploration and geology, with a specific focus on base metals, uranium and gold. He was previously the Senior/Chief Mine Geologist at Goldcorp's Red Lake Mine for eight years. Prior to that, he also worked for Kinross Gold as Mine Geologist and has served on the Board of Directors for various junior mining and exploration companies. Rick has spent a number of years as a consulting geologist handling a portfolio of exploration projects including nickel exploration and evaluation. He holds a Bachelor of Science in geology from Dalhousie University.
Crowflight welcomes Rick to the management team.
Qualified Person/Quality Control Procedures
This press release has been reviewed by Steve Davies, P.Eng, Chief Operating Officer of Crowflight, who is a Qualified Person under the National Instrument 43-101 guidelines.
About Crowflight Minerals
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba and it 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 timing and costs related to any restart of the Bucko Lake project, the ability to conclude agreements to finance the re-start, and the outcome of the strategic review of other projects. Words such as intends', 'anticipates' 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. 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.
Further information is available on the Company's website at www.crowflight.com.
Contacts:
Crowflight Minerals Inc.
Mark Trevisiol
President & CEO
(416) 861-5893
info@crowflight.com
www.crowflight.com