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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES

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To: Frank Pembleton who wrote (1235)8/29/2002 6:30:12 PM
From: CIMA  Read Replies (1) of 1239
 
THREE MASSIVE SULPHIDE ZONES ENCOUNTERED IN HOLE 132



As part of the ongoing Ferguson Lake West Zone extension drilling program, Starfield Resources Inc. continues to verify its interpretation of the coincident magnetic and UTEM anomalous geophysical survey data. Present drilling is evaluating inverse magnetic interpretation of an anomalous area extending west from line 74+00W to at least line 88+00W, and centered around line 80+00W. Confirmation that the inverse magnetic modeling technique successfully identifies areas of possible thicker massive sulphides was obtained by the Company during the 2001 drill campaign when drill hole 01-84 intersected 46 meters of massive sulphide mineralization in an interpreted strong inverse magnetic anomaly on line 62+00W.



Drill hole 02-119 on line 76+00W, as reported on August 15, 2002 and reproduced here, established the geophysical anomaly is due in part to the new discovery of massive sulphides found in the 119 Zone.





Hole No


Interval(m)
Length(m)
Cu

( % )
Ni

( % )
Co

( % )
Pd

g/t
Pt

g/t

FL02-119
1029.08-1030.68
1.60
0.59
1.84
0.206
3.73
0.11


1068.68-1080.06
11.38
1.86
0.86
0.102
2.45
0.27


Including

1068.68-1075.05
6.37
2.07
0.94
0.110
2.48


0.16


Including

1075.65-1080.06
4.41
1.78
0.86
0.102
2.72


0.45


Including

1078.65-1080.06
1.41
2.40
1.27
0.148
4.29


1.23




Hole 02-119 has two intervals of massive sulphides separated by 38 meters of non-mineralized host rock. It is important to note that the base of the deepest massive sulphide zone shows stratification in terms of grades as compared to the upper portion.



Hole 02-132 has now been completed on line 76+00W, above hole 02-119. This hole intersected 10.55 meters of massive sulphides from 1018.35 to 1028.90 meters, 13.7 meters of massive sulphides from 1070.3 to 1084.10 meters and 5.5 meters of massive sulphides from 1094.5 to 1100.0 meters. These three mineralized massive sulphide intercepts have been split and sent for analysis and the rig has been moved to line 78+00W. The second rig is currently drilling to test the magnetic anomaly at depth on line 80+00W.



The Company has now completed a program of shallow drilling at the near-surface east end of West Zone designed to upgrade the resource category and determine if more high-grade/low-sulphide Pd+Pt intercepts can be identified. Results will be available when compiled by the Company’s consulting engineer.



On Behalf of the Board of Directors,



“Glen C. Macdonald”



Glen C. Macdonald, P.Geo., Director
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