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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: jamesandrews who wrote (937)	5/16/2000 3:37:00 PM
From: CIMA	Respond to of 1239

To: CIMA who wrote (369) From: Ptaskmaster Tuesday, May 16, 2000 12:40 PM ET Reply # of 370 Crosscurrents in PGM supply and demand.- S. Africa's Amplats to up platinum output to 3.5 mln oz in 2006 New York--May 15--South Africa's Anglo American Platinum Corporation (Amplats) plans to increase its platinum production from the 1999 level of about 2 million ounces to 3.5 million ounces by the end of calendar year 2006, the company said in a press release. The move comes in reaction to better jewelry, industrial and autocatalyst demand. (Story .23190) ----snip---- Johnson Matthey: Platinum demand up by 4% in 1999 to 5.6m oz London--May 15--Platinum demand in 1999 rose by 4% to 5.6 million ounces, helped mainly by the 2.88 million ounces consumed by the jewelry industry, according to Johnson Matthey's Platinum 2000 report. Total supply of platinum fell by 10% to 4.87 million ounces--the lowest level since 1994--due in part to the large fall in Russian sales to 540,000 ounces because of legal complications, and despite a 6% rise in South African sales. (Story .14716) ----snip---- Johnson Matthey: Palladium demand at record 9.37 mln oz in 1999 London--May 15--Demand for palladium was a record 9.37 million ounces in 1999, driven mainly by purchases by auto companies--5.88 million ounces--according to Johnson Matthey's Platinum 2000 report. As a result, demand exceeded supply by 1.31 million ounces. A quarter of the shortfall was met by sales from the U.S. defense stockpile, although heavy selling by funds which liquidated large holdings is also thought to have taken place, Johnson Matthey said. (Story .14749) All from Bridge News this date crbindex.com

To: jamesandrews who wrote (937)	5/19/2000 4:14:00 PM
From: CIMA	Respond to of 1239

STARFIELD RESOURCES INC. PRESS RELEASE May 19th, 2000 Corporate Office: #00-9 Suite 420-625 Howe Street Vancouver, BC CANADA SRU.CDNX V6C 2T6 SRFDF ? OTC BB Tel: (604) 608-0400 Fax: (604) 608-0344 Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com UTEM GEOPHYSICS INFERS LARGE WEST ZONE EXTENSION on Ferguson Lake Platinum-Palladium-Nickel-Copper-Cobalt Project Starfield Resources Ltd. commenced the Year 2000 Ferguson Lake Exploration Project April 26th. The program to date has included extensive UTEM geophysical surveying to define anomalies initially located during the Company?s 1999 exploration work. As reported previously, a massive sulphide resource containing some 7.2 million possible tonnes (N.C. Carter, October, 1999) referred to as the ?West Zone?, was identified by 71 drill holes in earlier exploration work (mostly during the 1950?s by Inco). This known mineralized zone is characterized as a very strong anomaly by both magnetic and electromagnetic surveys completed during 1999. The West Zone was defined by UTEM in 1999 over a surface length of 1.8 kilometers. The deepest drilling to date has traced the zone to a depth of approximately 250 meters on its eastern portion. Drilling by Starfield and Inco has demonstrated that the UTEM survey method has accurately mapped the bottom limits of the known mineralization. To date in 2000, an additional 78 kilometers of UTEM survey has been completed at Ferguson Lake. The West Zone sulphide anomaly has now been extended by UTEM an additional 1.4 kilometers for a total length of 3.2 kilometers. Results are summarized in the following table supplied by the Company?s consulting geophysicists S.J. Geophysics Ltd. Preliminary interpretation and depth estimates from loops 14 and 15 Depth to Top of Depth Loop Line Station Conductor (m) Extent (m) 14 6000W 230N 60 >800 14 6200W 270N 100 >800 14 6400W 250N 150 >800 14 6600W 230N 250 >800 14 6800W 240N 300 >800 15 7000W 200N 400 >800 15 7200W 200N 400 >800 (please refer to website www.starfieldres.com to view map or call office for fax copy) This new data shows a pronounced westward rake of the conductor?s top from a depth of 60 meters on Section 60 West. The current UTEM survey work has now traced the West Zone anomaly to Section 72 West, where the top occurs at a depth of some 400 meters below surface. From Section 62 West to 72 West, the anomaly?s base extends beyond a depth of 1200 meters which represents the maximum depth this UTEM system can read. Survey work west beyond Section 72 West is continuing and a large drill capable of testing the target at the indicated depth has been delivered to the property. The West Zone sulphide target now appears to be sheeted massive sulphides extending from its surface expression (Section 40 West to Section 58 West) and below overthrust barren rock units to Section 72 West as a plunging unit up to 800 meters wide. Average thickness of West Zone mineralization as tested by the earlier drilling is approximately 10 to 12 meters. A program of detailed drilling to define the West Zone extension is planned to commence shortly. Drill testing of other anomalies is continuing and results will be published when available. At present a 20 person exploration crew is on site with ongoing geophysics and drilling. ON BEHALF OF THE BOARD OF DIRECTORS ?Glen Macdonald? Glen Macdonald, P.Geol., Director