FOR: STARFIELD RESOURCES INC.
TSX VENTURE SYMBOL: SRU
OTC-BB SYMBOL: SRFDF
AUGUST 29, 2002 - 18:33 EDT
Starfield Resources: Three Massive Sulphide Zones
Encountered In Hole 132
VANCOUVER, BRITISH COLUMBIA--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.
/T/
----------------------------------------------------------------------
Interval Length Cu Ni Co Pd Pt
Hole No (m) (m) ( % ) ( % ) ( % ) g/t 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
----------------------------------------------------------------------
/T/
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
Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project,
Nunavut, Canada
This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially
from those indicated by such statements. All statements, other
than statements of historical fact, included herein, including,
without limitations statements regarding future production, are
forward looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Starfield Resources Inc.
Glen C. MacdonaldGlen C. Macdonald, P.Geo.
Director
(604) 608-0400 Toll Free: (877) 233-2244
(604) 608-0344 (FAX)
info@starfieldres.com
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