Starfield Resources Inc. is pleased to report the Year 2000 Exploration program for the Ferguson Lake PGM-Nickel-Copper-Cobalt project has commenced. Drilling is now underway to obtain core samples from initial targets recommended for testing by the Company's consulting engineer, Dr. Nick Carter, P. Eng. These sites are down dip or along strike from the intersections obtained during 1999 and reported earlier. The current phase of exploration is based on a compilation of results from two 1999 exploration programs conducted by Starfield and extensive work by Inco in the 1950's at Ferguson Lake.
An extensive UTEM geophysical survey is also now underway at Ferguson Lake and is being conducted for the Company by S. J. Geophysics of Delta, BC, as contractor. This UTEM survey is being conducted to define targets initially detected by an airborne magnetic survey completed by Starfield at the end of the 1999 field season, and suggested by data compilation and detailed geological mapping undertaken by Mariette Henderson during 1999. The survey has been designed to explore for massive sulphide mineralization inferred to occur in a deep "Keel" environment; and to extend the 9 kilometer long massive sulphide horizon defined by magnetic and UTEM geophysical surveying during the 1999 program. This "keel" may represent a source area for the known massive sulphide mineralization which was tectonically remobilized into its present location from an earlier depositional site.
A second core drill has been mobilized to the project and should be operational by April 30. Initially, this larger drill will test for deep sulphide mineralization in the projected keel area and for possible repetitions of the known steeply plunging massive sulphides zones which have formed at repeated intervals along the extensive geological host unit. The year 2000 program is expected to operate until October.
Starfield is a natural resource company concentrating on exploration for Platinum, Palladium, Nickel, Copper and Cobalt, deposits in Canada. The Company is focused on expanding its resource at Ferguson Lake currently estimated to contain 11,000,000 possible tonnes (N.C. Carter, October, 1999) and testing new targets identified by the on-going geophysical surveys.
ON BEHALF OF THE BOARD OF DIRECTORS
"Glen Macdonald"
Glen Macdonald, P.Geol., Director |
