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

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To: CIMA who wrote (652)	9/28/1999 12:38:00 PM
From: Jim Bishop	Read Replies (1) of 1239

starfieldres.com Tuesday, September 28, 1999 Starfield announces major program has commenced Multi-phase exploration drilling campaign underway on Ferguson Lake, Nunavut Territory property, targeting world-class bulk tonnage base metals/PGM discovery. Extensive exploration/drilling by Inco in 1950's Drill-inferred resource of 6.4 million tonnes grading 0.87% copper and 0.75% nickel already established on project to a shallow depth. Encouraging surface and drill samples indicate grades increasing in the east zone. Promising Platinum, Palladium, Cobalt potential Exploration by Homestake in late 1980's on the Ferguson Lake project reveals presence of significant PGM grades up to 3.7 g/t Pt, and 15 g/t Pd within the massive sulphides. Starfield advancing Ferguson Lake property since 1998 Starfield grab samples further confirm extensive PGM potential, returning values up 1.3 g/t Pt, and 4.6 g/t Pd. Strike length 9km -deposit remains open along strike and at depth. Analysts draw strong parallels to Voisey's Bay London-based mining analysts, David Williamson Associates Ltd., report the Ferguson Lake property has "excellent geological potential for a significant PGM discovery."

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