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

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To: Bruce Robbins who wrote (460)5/29/2001 9:15:49 PM
From: CIMA   of 529
 
SRU.V - STARFIELD RESOURCES INC.
PRESS RELEASE May 29th, 2001
Corporate Office: #SRU-07-01
Suite 420-625 Howe Street
Vancouver, BC CANADA SRU.CDNX
V6C 2T6 SRFDF – OTC BB
Tel: (604) 608-0400 Fax: (604) 608-0344
Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com

Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

HIGH-GRADE ZONE EXPANDED
FL01-69 INTERSECTS 14.28 METERS (47.1 FEET) MASSIVE SULPHIDES

Drill hole FL01-69, the second drill hole completed during the year 2001, has intersected the high grade massive sulphide zone 80 meters deeper than hole FL01-68 (reported May 10, 2001) . This hole confirms the system continues to depth and is open to both the East and the West with significantly increasing grades.

Five drill holes have now been completed during the 2001 program and all have successfully intersected the massive sulphide horizon. Drill hole FL01-70 was drilled on Section 5720W, 120 meters to the west of FL01-69 which has been reported in this news release. Drill hole FL01-71 was drilled on Section 5840W, 120 meters west of hole FL00-67 and 240 meters west of FL01-68. Drill hole FL01-72 was drilled on Section 5840W, 200 meters below FL01-71 and represents the deepest hole drilled to date.

Drill hole FL01-73 is currently drilling 80 meters below FL01-70 and 120 meters east of FL01-72.

Massive sulphide sections from FL01-70, FL01-71 and FL01-72 have been split and are en route to the assay laboratory.

WEST ZONE
Hole No. Interval m Length
m ft Cu % Ni % Co % Pd g/t Pt g/t Pd+Pt
FL01-69 436.89-443.22 6.33 20.89 1.80% 0.88% 0.122% 2.65 g/t 0.38 g/t 3.04 g/t
including 436.89-439.89 3.00 9.90 1.19% 1.07% 0.135% 2.95 g/t 0.22 g/t 3.17 g/t
445.35-447.57 2.22 7.26 0.74% 1.12% 0.136% 2.20 g/t 0.41 g/t 2.61 g/t
and 525.97-531.70 5.73 18.91 0.94% 0.71% 0.088% 1.88 g/t 0.32 g/t 2.20 g/t

On behalf of the Board of Directors

“Glen Macdonald”

Glen Macdonald, P.Geol.
Director
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