SI
SI
discoversearch

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 : Palladium Plays in Canada.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext  
To: winston.s.c who started this subject11/5/2001 7:46:58 PM
From: winston.s.c   of 34
 
Thursday October 4, 12:03 am Eastern Time
Press Release
SOURCE: Starfield Resources Inc.
Starfield Resources Inc. - Ferguson Lake Drilling Discovers New High Grade Palladium '103 g/t-3.29 oz/t' Platinum '26.7 g/t-0.85 oz/t' Horizon
Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 4, 2001-- Starfield (OTC:SRFDF - news; CDNX:SRU. - news) has received results for a deep, stepout exploration drill hole recently completed at the Ferguson Lake nickel-copper-cobalt-PGE project.

Drill hole FL01-101, located on Section 6800 West, was sited 200 meters west of drill hole FL01-89 (reported 7th September 2001) and intersected the West Zone massive sulphide target approximately 200 meters lower than in hole FL01-89. A separate low-sulphide section with high-grade palladium-platinum content was intersected in FL01-101 above the massive sulphide zone.

Significantly, this new zone is interpreted as a separate horizon within the overall gabbroic host sill. It may represent a distinct mineralizing event caused by primary differentiation during cooling of the original sill similar to depositional styles seen at Merensky Reef in Southern Africa. The intersection in FL01-101 from 962.28 to 962.63 meters (0.35 meters) returned assays of 26.71 g/t platinum (0.85 oz/ton) and 103 g/t palladium (3.29 oz/ton). Results for zones intersected in hole FL01-101 are summarized below:

DRILL HOLE FL01-101

Meters
--------------------------------
From To Thickness
--------------------------------
962.28 962.63 0.35
--------------------------------

(table continued)

------------------------------------------------------
Pd g/t (oz/t) Pt g/t (oz/t) Cu % Ni % Co%
------------------------------------------------------
103 (3.29) 26.7 (0.85) - - -
------------------------------------------------------

Follow-up analytical work is currently underway to further evaluate the new discovery.

On behalf of the Board of Directors Glen Macdonald, P.Geol., Director

The CDNX neither approves nor disapproves of the information contained herein.

--------------------------------------------------------------------------------
Contact:
Starfield Resources Inc.
Glen J. Indra
Tel: 604/608-0400
Fax: 604/608-0344
Toll Free: 877/233-2244
Email: info@starfieldres.com
Website: starfieldres.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext