CML Canickel Mining Limited

CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX VENTURE:CML) today
announced that it has accepted the offer for up to Cdn$55 million in debt
finance from RMB Resources Inc. (RMB). RMB is arranging the finance as Agent for
FirstRand Ireland Plc, the Lender and underwriter of the debt finance package.


The proposed $55 million facility will be used to finance the remaining
construction and start-up of the Bucko Lake Nickel Mine near Wabowden, Manitoba.
The proposed loan is subject to final approval by the FirstRand Underwriting
Committee and other conditions typical of a facility of this nature. RMB is a
well-known arranger and provider of mining project finance. FirstRand is one of
South Africa's most prominent financial institutions. Auramet Trading, LLC of
Fort Lee, New Jersey is advising Crowflight on this transaction.


Further details about the debt finance are available in the Crowflight press
release dated January 10, 2008.


Crowflight is also pleased to announce the commencement of 2008 exploration
activities on its Manitoba Thompson Nickel Belt properties. In 2008, the Company
intends to spend approximately $2.5 million on properties held under option from
Xstrata Nickel and $2.0 million jointly funded by partner Pure Nickel on
properties including and adjacent to the past producing Manibridge Nickel mine,
located approximately 20 kilometres south of the town of Wabowden.


The Company plans to complete 25 holes for a total of 10,000 metres during the
winter 2008 drilling season. In the spring, Crowflight expects to initiate an
8,000 metre drilling program at Manibridge with the aim to establish NI 43-101
compliant mineral resource estimates at this past producing property and
evaluate targets of high exploration potential identified nearby.


Greg Collins, Crowflight's Vice President of Exploration commented: "Our focus
during this 2008 winter program will be further expanding Inferred Resources
identified at Halfway Lake and the evaluation of high-priority exploration
targets located in close proximity to the Bucko Lake Nickel Mine, particularly
the Bucko North target, located 300 metres north of planned underground workings
associated with the Bucko Lake Mine."


Three drills supplied by More Core Diamond Drilling Services Ltd. of Stewart
B.C. are currently coring. Results from the winter exploration program are
expected to become available over the coming weeks.


Meanwhile, construction of the Bucko Mine site is progressing steadily. The
hoist and headframe set was commissioned in November and is now fully
operational. The underground shaft de-watering and rehabilitation to the 1000
Level (approximately 330 metres below surface) is complete, thereby providing
access to commence the underground development and exploration program. Two
drills supplied by Boart Longyear are on site and Crowflight is preparing to
commence underground drilling activities in late January. Work continues to
advance on the mill and other surface buildings.


Qualified Person Comments/Quality Control Procedures

The technical content of this press release has been prepared and approved by
Mr. Greg Collins, P.Geo., Crowflight's Vice President of Exploration, a
Qualified Person under the NI 43-101 guidelines.


Crowflight Minerals - Canada's Next Nickel Producer

Crowflight Minerals Inc. (TSX VENTURE:CML) is a Canadian junior mining
exploration and development company focused on nickel, copper and Platinum Group
Mineral ("PGM") projects in the Thompson Nickel Belt and Sudbury Basin. The
Company currently owns and/or has under option approximately 800 square
kilometres of exploration and development properties in Manitoba and Ontario.


Crowflight's priority is to bring the Bucko Nickel deposit located near
Wabowden, Manitoba into production by mid-2008.


Cautionary Note on Forward-Looking Information

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
the Company's plan of business operations; mineral resource estimates, the
benefits and liabilities associated with the debt financing, and projected costs
and expenditures. There can be no assurance that such statements will prove to
be accurate; actual results and future events could differ materially from such
statements. Factors that could cause actual results to differ materially
include, among others, metal prices, competition, risks inherent in the mining
industry, and regulatory risks. Most of these factors are outside the control of
the Company. Investors are cautioned not to put undue reliance on
forward-looking information. Except as otherwise required by applicable
securities statutes or regulation, the Company expressly disclaims any intent or
obligation to update publicly forward-looking information, whether as a result
of new information, future events or otherwise.


Total Shares Outstanding: 249.7MM

Fully Diluted: 286.5MM

52-Week Trading Range: C$0.35 - $1.35

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