Wednesday May 30, 12:05 am Eastern Time
Press Release
Starfield Resources Inc. - High-Grade Zone Expanded FL01-69 Intersects 14.28 Meters (47.1 Feet) Massive Sulphides
VANCOUVER, British Columbia--(BUSINESS WIRE)--May 30, 2001-- Starfield Resources (OTCBB:SRFDF - news):
Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium
Project, Nunavut, Canada
no. SRU-07-01
SRU.CDNX
SRFDF - OTC BB
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
---------
Length
------
Hole No. Interval m m ft Cu % Ni %
-------- ---------- -------- ---- ----
FL01-69 436.89-443.22 6.33 20.89 1.80% 0.88%
including 436.89-439.89 3.00 9.90 1.19% 1.07%
445.35-447.57 2.22 7.26 0.74% 1.12%
and 525.97-531.70 5.73 18.91 0.94% 0.71%
WEST ZONE
---------
Hole No. Co % Pd g/t Pt g/t Pd+Pt
-------- ---- ------ ------ -----
FL01-69 0.122% 2.65 g/t 0.38 g/t 3.04 g/t
including 0.135% 2.95 g/t 0.22 g/t 3.17 g/t
0.136% 2.20 g/t 0.41 g/t 2.61 g/t
and 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
For further information contact:
Glen Indra, President
Corporate Office:
Suite 420-625 Howe Street
Vancouver, BC CANADA V6C 2T6
Tel: (604) 608-0400 Fax: (604) 608-0344
Toll Free: (877) 233-2244
email: info@starfieldres.com
website: starfieldres.com
--------------------------------------------------------------------------------
Contact:
Starfield Resources
Glen Indra, 604/608-0400 or 877/233-2244
Fax: 604/608-0344
info@starfieldres.com |
