STARFIELD RESOURCES
SYNOPSIS
NORTH AMERICA
The FERGUSON LAKE PROJECT is located 200 km (120 miles) west of Rankin Inlet on the NW shore of Hudson’s Bay in politically stable CANADA’S newest territory, NUNAVIT.
NUNAVIT
Spans CANADA’S eastern Artic. Its new government (Legis. Assembly) is eager to sponsor resource development. This can lead to:
 Streamlined approval process
 Fast track environmental process
 Co-operative gov’t relations
 Gov’t support of natural resource development by providing infrastructure necessary to extract mineral resources
EXPLORATION $$ INVESTMENT
Total to date (1999 &2000) is US $7.0 million. Planned for 2001 is another US $3.0 million
CURRENT $$ VALUE
Metallic content of drill-indicated reserves valued at current metals prices @ $105.00 per tonne is US $4.7 BILLION.
AVERAGE % METALS GRADES
 0.86% Copper
 0.59% Nickel
 1.2 grams per tonne Palladium/Platinum (58 million grams – 2.1 million ounces)
 2 lbs. Cobalt per tonne
TONNAGE DISCOVERED
46.1 million tonnes of copper / nickel / palladium / platinum / cobalt ore by the 1999 / 2000 diamond drilling program (20,000 meters) Ferguson Lake has met and passed the threshold as a viable metals mine.
Cutoff grade Tonnes (mm) Copper (%) Nickel (%) PG&E (gpt) Cobalt (lbs/t)
1% Cu+Ni 46.1 .88 .58 1.41 1.75
1.5% Cu+Ni 20.9 1.11 0.80 1.84 2.0
2.0% Cu+Ni 6.1 1.31 0.95 2.02 2.5
TONNAGE FUTURES
Estimated at 70 - 80 million tonnes after 2001 diamond drilling program (40,000 meters)
MINERAL CLAIM SIZE
27,000 hectares (60,000 acres / 10 sq. mi.) expanded by new contiguous staking to 31,000 hectares (68,000 acres) Drilling has occurred in 4 zones (2 major – 2 minor) totaling only 1000 hectares – 3% of total claim to date.
PROJECT HISTORY
Discovered in 1950 by INCO. Exploration stopped at 7 million tonnes of reserves in favor of INCO’S Thompson, Man. Mine. (25 million tonnes at the time) STARFIELD acquired the project in 1998. To date, 135 drill holes completed totaling 30,000 metres (100,000 feet)
CAPITALIZATION
33,796,500 – Issued and outstanding common shares
MAJORS & ANALYSTS
STARFIELD has attracted the interest of major mining companies and senior resource analysts due to the size, grade and consistency of deposits. During summer 2001 Diamond drilling program will host on-site visits by these groups.
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