Crowflight Provides 2011 Outlook

Crowflight Minerals (TSX:CML) reports it will resume the mine operation at Bucko Lake Mine in April 2011 and expects to mine 220,000 tonnes of ore in 2011 to produce approximately five million pounds of payable nickel.

The press release is quoted as saying,

If the nickel price is trading at $12 per pound, the Company expects to generate $20 million cash flow from the operation of Bucko Lake Mine in 2011.

For the complete press release, click here.