You deleted the partition.
Unplug the USB and run the following commands as root:
Code:
tail -f /var/log/messages
If you are running a debian variant then
Code:
tail -f /var/log/syslog
While this is running plug the USB key into the port. the output from one of the last two commands should show you what device this usb is mapped to. Now that you know which device this is hit 'q' to exit tail, now create a partition for it (make sure you use the right partition type):
Code:
cfdisk /dev/<somedevice>
Now once you have that, recreate the filesystem like so:
Code:
mkfs.fvat /dev/<somedevice><partitionnumber>
sync
Now you should be able to pull out the USB key and reinsert it and it should be mountable.