Crowflight tables resources on four Manitoba properties

Crowflight Minerals (CML-V) has announced inferred resource calculations for four deposits in the Thompson nickel belt of northern Manitoba, all on properties surrounding its main Bucko nickel project near Wabowden.

The largest resource is a 63-million-tonne inferred resource on the Bowden Lake property, which grades 0.68% nickel at a 0.5%-nickel cutoff grade. That resource falls to 23 million tonnes grading 0.84% nickel at a cutoff grade of 0.7%.

Another significant resource is at the Halfway Lake property, where Crowflight and previous operators have outlined 1.1 million tonnes grading 1.08% nickel. A third deposit, M11A, has 2.2 million tonnes at 0.77% nickel, and a fourth, Apex, 1.3 million tonnes at 0.65% nickel, both based on a cutoff grade of 0.5%.

Bowden Lake, M11A, and Apex — the last a new discovery by Crowflight and Xstrata (XTA-L) — are all within a 5-km radius of Bucko. All are on the same mining lease, where Crowflight has the option to earn a 100% interest from Xstrata by bringing the project to production.

Halfway Lake is about 25 km northeast of the Bucko project and is part of the company’s Thompson South land package, where it is earning a 50% interest from Xstrata.

Bucko itself has a reserve of 2.3 million tonnes grading 1.84% nickel, plus some copper, cobalt and platinum-group-element credits, out of an indicated resource of 2.5 million tonnes grading 2.01% nickel, based on a nickel cutoff grade of 1.4%. Another 1.2 million tonnes grading 2.23% nickel is inferred.