SRU-ASE : STARFIELD RESOURCES Message Board

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

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To: Dan P who wrote (317)	5/22/1999 11:01:00 AM
From: CIMA	Read Replies (2) of 1239

News Release: Being a school teacher in real life, I can't help but get annoyed when I read releases that have spelling errors in them. This is the second in a row that contains errors. It looks Mickey Mouse. Who the hell is Inca anyway? Oh no, not Bolivia again! CANADA STOCKWATCH Date 05/21/99 Company STARFIELD RESOURCES INC. Title Starfield survey results from Ferguson Lake Starfield survey results from Ferguson Lake Starfield Resources Inc SRU Shares issued 8,100,000 May 20 close $1.18 Fri 21 May 99 News Release Mr. Glen Macdonald reports UTEM electromagnetic and magnetometer geophysical surveys are continuing at Starfield's Nunavut Territory Ferguson Lake property. This survey coverage has traced the main zone for more than seven kilometres, extending out from the known deposit explored in the 1950s by Inca. A resource was estimated at that time to contain 6.4 million tons grading 0.87 per cent Cu and 0.75 per cent Ni within a strike length of 730 metres. Widely spaced stepout holes by Inca (including hole 9483 which intersected 23.9 metres grading 1.26 per cent Ni and 1.08 Cu) partially traced the zone now being more precisely defined. Preliminary results from the new geophysical surveys indicate that zones of very high conductivities are present, coincident with strongly anomalous magnetic responses. The survey has also detected new, parallel anomalies. Drilling is currently under way to determine the significance of the conductors.

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