BUCKO LAKE

Crowflight Minerals Inc. has reported Q3 2009 financial and operational results for the quarter ended September 30, 2009. During the period, 384,327 pounds of nickel produced, and 276,918 pounds of commercial production nickel sold as compared to nil in the third quarter of last year as the Bucko Lake Mine was not yet in production. Total metal revenue for the quarter ended September 30, 2009 was $2.3 million compared to nil for the third quarter last year. As announced earlier today, the company will be temporarily suspending all production mining and milling operations at the Bucko Lake Nickel Mine located in the Thompson Nickel Belt near Wabowden, Manitoba for three months, effective immediately to complete ramp development, accelerate mine development and upgrade the backfill plant.

Crowflight Minerals Inc. has entered into an agreement with Kingplace Enterprises Limited for a Can$20 million private placement financing, pursuant to which Kingplace has agreed to purchase an aggregate of 80,000,000 common shares of the Crowflight at a price of $0.25 per share. The pricing of the shares is at an approximate 20% premium to the five-day volume weighted average trading price of the Company’s shares on the TSX and at a 19% premium to the closing price on Friday, September 18, 2009. The financing is expected to close in two tranches, with the first tranche to close in approximately one week and the second scheduled to close in October, 2009. The primary purpose of the proceeds from the financing will be for the continued development of the Bucko Lake Project and the balance for general corporate purposes. Crowflight Minerals Inc. is a Canadian junior mining company that is producing nickel at the Bucko Lake Nickel Mine near Wabowden, Manitoba. Crowflight began commercial production at Bucko in the second quarter of 2009.

Crowflight Minerals and Xstrata announced operational update for the Bucko Lake mine located in Manitoba. During the month of July, a new water treatment facility was installed and commissioned at the Bucko Mine due to water issues that were encountered at the end of June. Mill operations were halted during July due to a lack of available ore from the main production stope. Poor ground conditions in the stope entrance required the development of a new stope access drift so that mining operations could resume safely. The new access was successfully completed by the end of the month. The mill resumed operation on August 4th, 2009 at a rate of 1,000 tonnes per day (tpd). A second stope is scheduled to begin production during the latter half of August