Platinum Group Metals (PGMs) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Platinum Group Metals (PGMs)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan P who wrote (416)	10/25/2000 8:53:13 PM
From: CIMA	of 529

WINTER DEEP DRILLING PROGRAM COMMENCES Starfield Resources Inc. is pleased to report exploration results from the Ferguson Lake Nickel-Copper-Palladium-Platinum-Cobalt massive sulphide project have significantly expanded the property’s resource potential. Recent drill results received by the Company, and compiled by independent consultant Dr. N.C. Carter, Ph.D., P.Eng., and announced September 28, 2000 have increased the West Zone resource by a further 3.5 million tonnes to 18 million tonnes, with the property’s global resource base now exceeding 22 million tonnes. An additional 20 drill holes have penetrated the West Zone extension and mineralized sections have been submitted for analysis. These recent step-out holes have traced the massive sulphides to section 64 West and to a depth of over 500 meters. The zone has now been drill tested from section line 40 West to section 64 West, a total of 2.4 kilometers. This zone thickens substantially as it deepens and the possibility for large increased tonnage within this 2.4 kilometers is high. The Company is currently continuing its drill program and expects to extend the West Zone a further 1.2 kilometers along the defined electromagnetic geophysical anomaly, to section 76 West and to test to a depth of 1000 meters. This drill program is scheduled to be completed by the end of December 2000. A private placement of 700,000 special warrants at $0.50 per special warrant to net $350,000 has been arranged by the Company. These special warrants will include a warrant to purchase a further 700,000 shares at $0.52 per share for a period of one year. A finders’ fee will be paid in accordance with CDNX policy. ON BEHALF OF THE BOARD OF DIRECTORS “Glen Macdonald” Glen Macdonald, P.Geol. Director

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next