NORTHERN MANITOBA – Toronto’s CROWFLIGHT MINERALS is preparing for underground development at its Bucko deposit in the Thompson Nickel Belt. Production is tentatively planned before the end of 2007.
The Bucko property has a three-compartment, 355-metre shaft and 915 metres of drifting on the 1000 level. That work was completed in 1971-72 by FALCONBRIDGE. In preparation for redevelopment, Crowflight has purchased a used hoist and headframe. Included is a 2.5-metre-diameter hoist with the capacity to skip 1,000 tonnes/day from a maximum depth of 1,000 metres. The headframe is 33.5 metres tall. The deal includes the electrical components and spare parts.
Crowflight estimates that it saved $1.0 million by purchasing the hoist and headframe used rather than new. The company has made a 10% down payment ($65,000) and will provide the remainder when it removes the equipment from its current location.
The complete feasibility study for the Bucko mine may be read at www.Crowflight.com.