SRU-ASE : STARFIELD RESOURCES Message Board

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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES

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To: dean poets who wrote (537)	6/16/1999 4:38:00 PM
From: CIMA	Read Replies (1) of 1239

Dean, I don't want to get into a major scrimmage but I think you're missing the point on SRU. These results were based on a limited phase one program designed to prove the existence of Pt/Pd and Co at Ferguson Lake. Neither INCO's nor Homestake's previous work was sufficient to prove this previously. The results prove a cocktail of mineralization over several kilometers open at strike and depth. Geophysics show the main ore body to be deeper than the drilling completed by phase one. Phase one only intersected streaks. If the main ore body is where the geophysics indicates it is then there is major tonnage (100M+ tonnes). That makes Ferguson Lake very economical to mine. The phase two summer drilling program will penetrate the main ore body and begin to indicate tonnage. This play is far from over and IMO it shows a lack of understanding at this stage to be bashing the stock.

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