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To: dean poets who wrote (57)5/29/2001 9:17:23 PM
From: CIMA  Respond to of 73
 
SRU.V - STARFIELD RESOURCES INC.
PRESS RELEASE May 29th, 2001
Corporate Office: #SRU-07-01
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

Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

HIGH-GRADE ZONE EXPANDED
FL01-69 INTERSECTS 14.28 METERS (47.1 FEET) MASSIVE SULPHIDES

Drill hole FL01-69, the second drill hole completed during the year 2001, has intersected the high grade massive sulphide zone 80 meters deeper than hole FL01-68 (reported May 10, 2001) . This hole confirms the system continues to depth and is open to both the East and the West with significantly increasing grades.

Five drill holes have now been completed during the 2001 program and all have successfully intersected the massive sulphide horizon. Drill hole FL01-70 was drilled on Section 5720W, 120 meters to the west of FL01-69 which has been reported in this news release. Drill hole FL01-71 was drilled on Section 5840W, 120 meters west of hole FL00-67 and 240 meters west of FL01-68. Drill hole FL01-72 was drilled on Section 5840W, 200 meters below FL01-71 and represents the deepest hole drilled to date.

Drill hole FL01-73 is currently drilling 80 meters below FL01-70 and 120 meters east of FL01-72.

Massive sulphide sections from FL01-70, FL01-71 and FL01-72 have been split and are en route to the assay laboratory.

WEST ZONE
Hole No. Interval m Length
m ft Cu % Ni % Co % Pd g/t Pt g/t Pd+Pt
FL01-69 436.89-443.22 6.33 20.89 1.80% 0.88% 0.122% 2.65 g/t 0.38 g/t 3.04 g/t
including 436.89-439.89 3.00 9.90 1.19% 1.07% 0.135% 2.95 g/t 0.22 g/t 3.17 g/t
445.35-447.57 2.22 7.26 0.74% 1.12% 0.136% 2.20 g/t 0.41 g/t 2.61 g/t
and 525.97-531.70 5.73 18.91 0.94% 0.71% 0.088% 1.88 g/t 0.32 g/t 2.20 g/t

On behalf of the Board of Directors

“Glen Macdonald”

Glen Macdonald, P.Geol.
Director



To: dean poets who wrote (57)6/26/2001 12:39:17 AM
From: CIMA  Respond to of 73
 
STARFIELD RESOURCES INC.
PRESS RELEASE June 25th, 2001
Corporate Office: #SRU-11-01
Suite 420-625 Howe Street
Vancouver, BC
CANADA V6C 2T6
Tel: (604) 608-0400
Fax(604) 608-0344
Toll Free: (877) 233-2244
email: info@starfieldres.com
website: starfieldres.com

SRU -CDN
SRFDF - OTC BB


Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

The Company confirms that there is ongoing dialogue with major mining companies and that there will be on-site property inspections by these companies during this phase of drilling. The Company is also preparing for on-site visits by senior mining analysts.

On behalf of the Board of Directors

"Glen Macdonald"

Glen Macdonald, P.Geol., Director



To: dean poets who wrote (57)7/31/2001 3:09:32 PM
From: CIMA  Respond to of 73
 
STARFIELD RESOURCES INC - Ferguson Lake
Nickel-Copper-Cobalt-Platinum-Palladium Project, - Nunavut, Canada

Vancouver, BC, Jul 31, 2001 (Market News Publishing via COMTEX) -- INFERRED
RESOURCE INCREASES TO 46.1 MILLION TONNES

HIGHER-GRADE TONNAGE INCREASES BY 245% TO 20.9 MILLION TONNES

Starfield Resources Inc. is pleased to report revised resource estimates for the
three known mineralized zones at Ferguson Lake (West Zone, East Zone I and East
Zone II).

New inferred resource estimates provided for the Ferguson Lake project are
summarized below:

Combined West Zone, East Zone I, East Zone II Inferred Mineral Resources


Cutoff Grade Tonnes Copper Nickel Palladium + Platinum
(millions) (%) (%) (g/t)
1.0% Cu+Ni 46.1 0.88 0.58 1.41
1.5% Cu+Ni 20.9 1.11 0.80 1.84
2.0% Cu+Ni 6.1 1.31 0.95 2.02

The Company's independent consultant, N.C. Carter, Ph.D., P.Eng., has prepared
the new estimates pursuant to CIM "Standards on Mineral Resources and Reserves"
designed by the CIM Standing Committee on Reserve Definitions, adopted by CIM
Council on August 20, 2000 and published in the CIM Bulletin of October, 2000.
Dr. Carter calculated the new resource estimates manually for individual drill
hole cross-sections employing the following parameters: Cut-off Grades - 1.0%,
1.5% and 2.0% combined Cu + Ni. Minimum Drill Intersection - 2.00 meters. Area
of Influence for Individual Drill Holes (down-dip) - midway point between drill
holes. Area of Influence for Individual Cross-Sections - midway point between
sections. Assumed Specific Gravity - 3.80. A total of 135 drill hole
intersections of massive sulphide mineralization were utilized in the resource
calculations. Intervals between holes range from 120 meters on initial stepouts
to approximately 40 meters for in-fill drill holes.

These estimates incorporate results for drill holes FL01-68 TO FL01-74 and new
technical information including a detailed laboratory survey to provide accurate
specific gravity information. Specific gravity determinations were completed by
the Company's assayer Bondar Clegg Canada Ltd. for 33 core samples from West
Zone, East Zone I and East Zone II. These samples included eleven massive
sulphide samples which returned specific gravities ranging from 3.17 to 5.14
(average 4.04), eight samples of semi-massive sulphides (range 3.04 - 3.95;
average 3.63), ten stringer sulphide samples (range 3.04 - 4.09; average 3.45),
and four hornblendite host rock samples containing disseminated and
fracture-filling sulphides (range 2.93 - 3.24; average 3.12). An average
specific gravity of 3.8 is considered to be representative of the various
mineralized zones at Ferguson Lake.

Ten additional drill holes have also been completed on West Zone and are in the
process of being analyzed. All these holes intersected significant sections of
massive sulphide mineralization and are not included in the new resource
estimate. Drilling is continuing on West Zone utilizing two drill rigs (holes
FL01-84, 86) including a 600-meter stepout to the west.

A third drill rig has started drilling to further test the "M" Zone, where 5
holes were completed during 2000 including discovery hole FLM00-43 which
intersected 7.17 meters assaying 1.01% Cu, 0.71% Ni, 0.103% Co and 2.07 g/t PGE.
Compilation of surface and borehole geophysical data with these earlier 5 holes
has allowed the Company's geophysical contractor, SJ. Geophysics, Ltd. to select
a strong conductive anomaly for drill testing. This apparently flat lying target
measures 400 meters by 2,000 meters and is indicated to occur at a depth of some
120 meters.

On behalf of the Board of Directors

"Glen Macdonald", P.Geol., Director


CONTACT: TEL: (604) 608-0400 Starfield Resources Inc.
FAX: (604) 608-0344
Toll Free: (877) 233-2244
EMAIL: info@starfieldres.com
INET : starfieldres.com

URL: starfieldres.com
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.

(C) 2001 Market News Publishing Inc.



To: dean poets who wrote (57)8/10/2001 3:47:51 PM
From: CIMA  Respond to of 73
 
SRFDF & SRU.V - GEOFIN

Geological & Financial 1419 – 133A Street

Consulting Services Surrey BC V4A 6A2

Tel/Fax 604-541-9161



AUGUST 2001

INVESTMENT COMMENT - UPDATE

NEXT STOP 50 MILLION TONNES!

Starfield Resources (SRU - CDNX, SRFDF - OTC BB) has now delineated over 46 million tonnes of mineral resources as this year’s development drilling and exploration program progresses. Success in adding significant tonnage as in all it’s previous programs continues unabated!



STARFIELD RESOURCES (SRU - CDNX SRFDF - OTC BB)

Recap

In the fall of 1999, not even two years ago, GeoFin Inc. initiated its coverage of Starfield Resources Inc. as an extremely promising exploration venture company. Based on the review of the property’s potential at that time – its association with an 18 kilometre long magnetic feature and promising geology, GeoFin estimated a possible 50 million tonnes of resources may be discovered. The estimated value would be in excess of $6 billion Cdn.

Starfield’s exploration program has been effective! From actual specific gravity calculations by Bondar Clegg, the company consultant, Dr. N.C. Carter has recalculated the resource estimate, including the initial results of the recently commenced summer exploration and development program and estimates the resource at 46.1 million tonnes grading 0.88% copper, 0.58% nickel and 1.41 grams per tonne palladium and platinum. A value of $5.9 billion Canadian even with the summer doldrums low prices for metals (copper $0.68 per pound; nickel $2.68 per pound; cobalt $9 per pound; palladium $455 per ounce and platinum $503 per ounce) is a pretty close match to our 1999 estimated value.

Initial results from this years drilling are impressive in confirming the continuity of the overall mineralization and especially important, in expanding the size potential of the higher grade material with some pretty impressive widths. In the former category intersections of combined 2% copper nickel and over 3 grams per ton platinum-palladium are becoming so common they do not seem to stir the market and in the latter case intersection widths of over 30 metres are being reported more often and it has been a while since an under 5 metre width has been reported.

With respects to these high grade, continuously mineable areas, drilling has indicated a higher grade resource estimate of 20.9 million tonnes with almost 2% combined copper and nickel grades and almost 2 grams per tonne palladium/platinum. . The resource has continued to grow and it is intriguing to note that the higher grade sections of the deposit, are approaching the 25 million tonnes of 2.5% nickel and copper that initiated the positive production decision and subsequent development of the Thompson Manitoba Mine.

The highest grade core of 6.1 million tonnes has a value of $190 Canadian per tonne, even given the current low base and precious metal prices!



Starfield continues to enhance the viability of the project by :

increasing the size of the mineral resource, thus lowering capital costs per tonne.
Increasing the high grade resources value, thus reducing the payback period of capital costs.
increasing the widths of mineralization thus enable lower underground bulk mining methods to be employed and lowering operating costs of the operations.
What is also particularly revealing is that from preliminary metallurgy studies by Lakefield Laboratories, the ore mineralogy is similar to that at Lynn Lake and Thompson, Manitoba, with the platinum and palladium being identified as unique sulphide compounds. These conditions suggest that recoveries of the economic metallic minerals should be a fairly routine exercise. Testing of the actual recoveries of the economic mineral is commencing at Lakefield Laboratories.

Field work this year is also geared to exploring some of the other potential zones along the geophysical and geological trend of the host amphibolite including the "M – zone" discovered last year (7 m grading 1.72% Cu Ni and 2.07 g/tonne platinum palladium). With respects to this exploration and the implications, it should be noted that the 40 kilometre long Thompson belt after the initial discovery and development of the main deposit had at least five additional zones developed and mined over the past 41 years of production. That operation continues to be mined below the 1500 metre level.

With the resource estimate set at 46.1 million tonnes and with the current drill hole spacing adding between 600,000 to 1,200,000 tonnes of resource per hole (although further infill development drilling will be required, the excellent correlation of geology geophysics and sulphide bearing drill intersection discovered to date enhances the confidence of the resource estimate), the 50 million tonne resource postulated by GeoFin in 1999 may have already been attained and in all likelihood substantially surpassed, this field season!

The value of the 50 million tonne resource based on current available data will be approximately 5% higher than our 1999 estimate. With respects to gold deposit types Table I outlines the various multi million ounce gold deposit equivalents for the Starfield’s Ferguson Lake Projects Total Resource; High Grade Resource and High Grade Core Resource.

Starfield’s Ferguson Lake Property
Gold Deposit Equivalent Value (US$268 per ounce)

Resource Category
Resource Tonnage
Value/ton
Total Contained Ounces
Grade

Total
46.1 million tonnes
$127 Cdn
14.3 million
0.31 ounces per tonne

High Grade
20.9 million tonnes
$166 Cdn
8.4 million
0.40 ounces per tonne

High Grade Core
6.1 million tonnes
$190 Cdn
2.8 million
0.46 ounces per tonne


Pleasant surprises are always the best and Ferguson Lake has continued to deliver the best!

Ferguson Lake remains the premier potential source of sulphide derived nickel and platinum group metals for the early part of this century, and Starfield Resources as the developing company has a bright and prosperous future.

"The market will reward the patient investor"



To: dean poets who wrote (57)8/14/2001 12:08:25 PM
From: CIMA  Respond to of 73
 
STARFIELD RESOURCES
SYNOPSIS

NORTH AMERICA
The FERGUSON LAKE PROJECT is located 200 km (120 miles) west of Rankin Inlet on the NW shore of Hudson’s Bay in politically stable CANADA’S newest territory, NUNAVIT.

NUNAVIT
Spans CANADA’S eastern Artic. Its new government (Legis. Assembly) is eager to sponsor resource development. This can lead to:
 Streamlined approval process
 Fast track environmental process
 Co-operative gov’t relations
 Gov’t support of natural resource development by providing infrastructure necessary to extract mineral resources

EXPLORATION $$ INVESTMENT
Total to date (1999 &2000) is US $7.0 million. Planned for 2001 is another US $3.0 million

CURRENT $$ VALUE
Metallic content of drill-indicated reserves valued at current metals prices @ $105.00 per tonne is US $4.7 BILLION.

AVERAGE % METALS GRADES
 0.86% Copper
 0.59% Nickel
 1.2 grams per tonne Palladium/Platinum (58 million grams – 2.1 million ounces)
 2 lbs. Cobalt per tonne

TONNAGE DISCOVERED
46.1 million tonnes of copper / nickel / palladium / platinum / cobalt ore by the 1999 / 2000 diamond drilling program (20,000 meters) Ferguson Lake has met and passed the threshold as a viable metals mine.

Cutoff grade Tonnes (mm) Copper (%) Nickel (%) PG&E (gpt) Cobalt (lbs/t)
1% Cu+Ni 46.1 .88 .58 1.41 1.75
1.5% Cu+Ni 20.9 1.11 0.80 1.84 2.0
2.0% Cu+Ni 6.1 1.31 0.95 2.02 2.5

TONNAGE FUTURES
Estimated at 70 - 80 million tonnes after 2001 diamond drilling program (40,000 meters)

MINERAL CLAIM SIZE
27,000 hectares (60,000 acres / 10 sq. mi.) expanded by new contiguous staking to 31,000 hectares (68,000 acres) Drilling has occurred in 4 zones (2 major – 2 minor) totaling only 1000 hectares – 3% of total claim to date.

PROJECT HISTORY
Discovered in 1950 by INCO. Exploration stopped at 7 million tonnes of reserves in favor of INCO’S Thompson, Man. Mine. (25 million tonnes at the time) STARFIELD acquired the project in 1998. To date, 135 drill holes completed totaling 30,000 metres (100,000 feet)

CAPITALIZATION
33,796,500 – Issued and outstanding common shares

MAJORS & ANALYSTS
STARFIELD has attracted the interest of major mining companies and senior resource analysts due to the size, grade and consistency of deposits. During summer 2001 Diamond drilling program will host on-site visits by these groups.
(SRU – CDNX SRDF – OTC BB)



To: dean poets who wrote (57)12/14/2001 11:08:42 AM
From: CIMA  Respond to of 73
 
2002 DRILL PROGRAM TO COMMENCE IN JANUARY

HIGH-GRADE PLATINUM-PALLADIUM HORIZON EXPANDED




The Company is pleased to summarize the successful exploration programs conducted during 2001 at the 100% owned Ferguson Lake Nickel, Copper, Palladium, Platinum and Cobalt deposit located in Canada’s Nunavut Territory.



In the course of defining the West Zone resource, the company has discovered platinum-palladium horizons adjacent to the massive sulphides. One new zone appears to extend for 2.4 kilometers and remains open both along strike to the west and to depth.



This exciting new continuous horizon was intersected in Hole 99-10 on Section 4520 West grades 2.27 g/t/ Pd and .098 g/t/ Pt over a width of 1.37 metres. The grade of this horizon increases to 9.90 g/t/ Pd and 1.44 g/t Pt over 0.5 metres where detected in Hole FL01-104 approximately 1.8 kilometres further west. The trend to higher grades in a westerly direction is further demonstrated 600 metres west of Hole FL01-104 where Drill Hole FL01-101 (the furthest westerly drill hole) graded 103 g/t Pd (3.29 oz/t) and 26.7 g/t (.85 oz/t) Pt over 0.35 metres.



This westerly increase in grade coupled with new interpretive techniques for geophysical magnetic survey data indicates that the Company’s primary targets lie further west of Hole FL-101.



Since acquisition, the Company has spent in excess of $14 million on exploration, including over 43,000 metres of drilling in 104 holes and, as a result, has increased the Ferguson Lake prospect from 6 million tonnes to in excess of 60 million tonnes. Ninety percent of this 60 million tonnes is located in the West Zone. This zone as defined by the UTEM geophysical system has been less than 25% explored and still remains open to depth and along strike.



The 2001 drilling program successfully increased the massive sulphide tonnage from 32.8 million tonnes to 60.1 million tonnes and, as the Company drilled progressively to the west, the grades of the massive sulphides increased to a level where a new grade category of 2.0% -- plus combined Ni Cu cutoff was calculated. This higher-grade resource is presently estimated at 12.7 million tonnes and the Company is confident of significantly increasing this 2.0% cutoff category by infill drilling on sections 60+60W and 63+60W.



The combined inferred mineral resource is summarized below:



Combined West Zone, East Zones I & II

Inferred Mineral Resource



Cutoff Grade
Tonnes

(millions)
Copper (%)
Nickel (%)
Pd (g/t)


Pt (g/t)

1.0% Cu+Ni
60.1
0.93
0.59
1.32
0.19

1.5% Cu+Ni
30.6
1.17
0.77
1.69
0.25

2.0% Cu+Ni
12.7
1.39
0.85
1.92
0.28




The Company’s independent consultant, N.C. Carter, Ph.D., P.Eng., has prepared the new estimates pursuant to CIM “Standards on Mineral Resources and Reserves” designed by the CIM Standing Committee on Reserve Definitions, adopted by CIM Council on August 20, 2000 and published in the CIM Bulletin of October, 2000. Dr. Carter calculated the new resource estimates manually for individual drill hole cross-sections employing the following parameters: Cut-off Grades – 1.0%, 1.5% and 2.0% combined Cu + Ni. Minimum Drill Intersection – 2.00 meters. Area of Influence for Individual Drill Holes (down-dip) – midway point between drill holes. Area of Influence for Individual Cross-Sections – midway point between sections. Assumed Specific Gravity – 3.80. A total of 150 drill hole intersections of massive sulphide mineralization were utilized in the resource calculations. Intervals between holes range from 120 meters on initial stepouts to approximately 40 meters for in-fill drill holes. Some of the 1950’s drill results reported only “PGE” instead of separate assays for Pd and Pt. As a result the palladium and platinum values are calculated from a property-wide ratio of palladium to platinum of 7:1.



The Company plans to commence the 2002 drill program in mid-January 2002 to develop the high-grade platinum/palladium horizons and expand the 60 million tonne resource.



On behalf of the Board of Directors



“Glen Macdonald”



Glen Macdonald, P.Geol.

Director



To: dean poets who wrote (57)6/17/2002 11:10:36 AM
From: CIMA  Read Replies (1) | Respond to of 73
 
INDM - Industrial Minerals Inc. Announces 640,000 Ton Mineral Reserve

TORONTO--(BUSINESS WIRE)--June 17, 2002--Industrial Minerals Inc. (OTCBB:INDM - News) announced today, through a summary review and geological report completed by Ben Ainsworth P. Eng., that the area that has been investigated for mining potential contains a reserve of 20,000,000 tonnes of mineral containing 640,000 tonnes of flake graphite.

The qualification of reserves used in this report was made by Kilborn Engineering Ltd. and used by KHD (Canada) in a positive feasibility study in 1989. 700 meters (2310 feet) of trenching and 2100 meters (7000 feet) of diamond drilling were completed for a drill total of 7232 meters (23,900 feet) in 160 holes. Percussion drilling was carried out with 82 drill holes totaling 1207 meters (4000 feet). The drilling was carried out on a grid with a spacing of 64 m x 64 m (215 feet x 215 feet) with infill in higher grade areas at 23 m x 23 m (76 feet x 76 feet). The potential for further reserves exists on the property as the work programs delineating reserves to date have only covered approximately 20% of the known graphitic gneiss zone. Geological mapping of this zone reveals a continuous strike length of approximately 7,000 feet, with an average width of approximately one-half mile.

The firm of Pincock Allen and Holt reviewed the reserves and developed an initial mine plan in 1990. This work was followed in 1992 by a study completed by Cominco Engineering Services Ltd. that was a review of the metallurgical process development and a preliminary cost estimate. These studies supported the general contentions of the KHD feasibility study. Environmental base-line studies carried out by Environmental Applications Group Ltd. indicate that the rock is not acid generating and no special problems were identified that would require unusual cost for control or remediation. A production rate was proposed in the feasibility study of about 20,000 tonnes of flake graphite per annum. This tonnage could be supplied for more than 30 years from the initial reserve.

There is potential for a very large increase in the market size for appropriate quality flake graphite related to expected demand for fuel cell usage. An article in Industrial Minerals Magazine (November 2000 issue) projects a short term growth of over 25% for graphite used in high-technology applications. An increase of 80,000 new annual tonnes is projected for electrodes and conductive separators in the fuel cells being developed for the automotive sector. Other growth areas in the graphite markets, amounting to 20,000 new annual tonnes, include the use of flake in magnesia and alumina refractories and its use in the lithium ion battery. Recent increases in price indicate an increase in demand, particularly for good quality flake. The Bissett graphite has the potential to serve the demand for intercalated and exfoliated graphite flake used in the high technology growth areas of the market.

Among the conclusions contained within the summary review and geological report is the following: "Sensitivity analyses carried out in the financial study show that the mining costs, graphite recoveries and prices would have to fall well out of expected ranges in order to cause financial failure of the project. A compound sensitivity study using a Monte Carlo simulation of financial outcomes was carried out using a range of variable cost, price, recovery and grade values. The ranges included reasonable "worst case" scenarios as well as the better expected values. The simulation, based on 1000 calculation cycles, indicated that the project should be financially robust under most adverse conditions. The Government of Ontario, Canada currently has a generally favourable attitude towards industrial development. Today, this province probably is the best jurisdiction for bringing on a greenfields project in Canada or the USA. The project has sufficient flexibility to be able to survive unforeseen price and cost swings, while requiring a relatively modest capital exposure. The potential for scaling up the size of operations rapidly as markets are developed offers a substantial upside to the future of the project."

Copies of the summary report may be obtained from the corporate office of Industrial Minerals in Toronto, Canada by contacting John Melnyk at 416-979-4621.

Industrial Minerals Inc. owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease, containing a reserve of 640,000 tons of flake graphite, located in Maria Township in the Province of Ontario, Canada. The property is comprised of 28 patented claims covering an area of approximately 504 hectares (1,245 acres).

Disclaimer: Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.

--------------------------------------------------------------------------------
Contact:

Industrial Minerals Inc., Toronto
John Melnyk, 416/979-4621