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

To: winston.s.c who wrote (1208)	1/14/2002 3:07:26 PM
From: CIMA	Respond to of 1239

LK&Z Advisory International Inc. "Small Cap" Update Vancouver, BC, JAN 14, 2002 (EventX/Knobias.com via COMTEX) -- Starfield Resources Inc. SRU:CDNX SRFDF OTC BB www.starfieldres.com Transforming into a Platinum / Palladium play I have written twelve Newsletters about Starfield Resources Inc. (http://www.lkz.com/archives.shtml#starfield) in the last two years and doing so have left readers with a record of the tremendous progress made by the company. Working in a hostile investment climate from the beginning, management never wavered or deviated from its exploration goals and the belief that their Ferguson Lake Nickel, Copper, Cobalt, Platinum and Palladium deposit will eventually become one of the worlds greatest mines. Throughout the 2-year period, the company's press releases confirmed drilling success and substantial additions in tonnage and higher grades at depth. I call this an excellent TRACK RECORD. Since 1999 the company raised over 14 Million Dollars of non-institutional investor funds, drilled over 43,000 meters of test holes, expanded its inferred resource base from 6 M/ton to over 60M/ton showing the following cutoff grades: Cutoff Grade M/ton 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 These are impressive results by any standards but especially when recognizing that the drilling has so far only touched 25% of the total UTEM identified conductor! It is noteworthy to recognize that every hole drilled previously identified by a UTEM survey has tested for Ni/Cu/Co/Pd/Pt. It is therefore reasonable to assume continued drilling success. This could eventually lead to a possible inferred resource base of over 150M/ton. Equally important than size, is the fact that grades have been improving at depth, which could lead to the creation of a 4th cutoff grade category of 2.5% Cu+Ni. These facts and reasonable forecasts point to the likelihood of a large tonnage long life mine becoming reality at Ferguson Lake. Realizing that base metal commodity prices continue to bump along the valley floor it is easy to see why investors greet this situation with little interest. This lethargy is reflected in lower share trading volumes and a company valuation well below the even most conservative asset value calculations. On October 3rd 2001, the dynamics of Starfield changed dramatically. In its press release the company indicated the discovery of a completely new and previously un-recognized Platinum / Palladium horizon in hole FL101-01 showing over 103 grams of Palladium and 26 gram of Platinum per ton. This exceptional result was augmented by the December 28th 2001 press release of further testing showing the additional presence of 2.74gr/ton of Rhodium (Rh). In its press release of December 13th 2001 the company further released information that the newly found Pt/Pd horizon had also been identified in drill holes FL99-01 and FL104-01, 1.8km further west, indicating increasing grades in a westerly direction. (FL101-01 is the farthest westerly hole drilled to date). This Platinum / Palladium / Rhodium discovery changed a good story to an exceptional one! All of a sudden the Ferguson Lake deposit is no longer considered a Base Metal deposit but a significant North American based Platinum / Palladium deposit. In the wake of this exceptional transformation, representatives of major mining companies beat a path to the company's data room, reviewing data and analyzing samples in their own corporate labs around the globe. If Starfield had a good chance for a corporate deal before October 3rd it has an excellent chance to do so now! Going forward the company will focus on drill testing the immediate area around FL104-01 to determine the characteristics and trend of the high grade Pt/Pd/Rh zone. Reason dictates that the Pd/Pt/Rh zone in FL-104-01 is not an isolated high-grade intersection but rather part of a system, a horizon with a source. Where is this source and how far does the system extend? The answer to these questions is central to determining the eventual exit price SRU shareholders can expect from a partner / suitor. The company has already raised additional funds to start the drill program in January of this year. Further funds need to be raised yet but the resulting dilution will continue to be more than offset by the expected value additions. LK&Z Opinion With an economic recovery in the US expected in 2002, commodity prices should improve, and in turn create higher investor awareness for this sector. Share prices for major mining companies will rise, driving value investors looking for higher risk / greater leverage resource exploration companies. Large US based users urgently seek North American located Platinum / Palladium deposits to offset the threat of huge price spikes resulting from mostly politically motivated supply squeezes by African and Russian producers. Increasingly, such users will form joint ventures with mining companies allowing for rapid development of known Pd/Pt deposits. Investors eventually will wake up to a new junior metal cycle and start to rotate funds into that segment. When they do, they will be behind the major mining companies who are now placing their bets in acquiring first class deposits. Lets not forget that cost cutting measures decimated exploration departments in the "majors" worldwide. Few can claim to posses a meaningful new reserve inventory anymore. Junior mining firms will sit in the driver seat once again. Against this backdrop Starfield has an excellent opportunity to negotiate a venture with a major mining company or strategic partner. In my opinion it is not a question of "if", but a question of "when". The results of these next few drill results will drive the timing of such a deal. In summary I believe that the company's shares are greatly undervalued. Given the onset of the drilling program in January, risk investors are faced with a rapidly diminishing window of opportunity to invest at these low valuation levels. LK&Z Advisory International Inc., 2836-42 Street S.W. Calgary, AB, Canada T3E 3M1 Tel & Fax 403 249-9501 E-mail: zahndk @ LKZ.com Web site: www.LKZ.com KNOBIAS DISCLAIMER: Knobias has no material connection with any Company mentioned in this story. All statements made in this story were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC. ABOUT KNOBIAS: Knobias is the first and largest information repository of Outside Market intelligence and covers thousands of publicly traded small & microcap companies. Knobias consolidates, analyzes and markets fundamental research data while providing real-time market monitoring and surveillance. The EventX newswire (pronounced E-Vin-Tex) is a unique newswire service dedicated solely to Outside Market companies. If your company wishes to participate in the EventX newswire, please contact Knobias: knobias.com CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com Copyright 2001 Knobias.com, LLC, All rights reserved.

To: winston.s.c who wrote (1208)	2/9/2002 12:37:33 AM
From: CIMA	Read Replies (1) \| Respond to of 1239

From Nesbitt Burns on Base Metals: Recently, we have been taking notice of the improved outlook on some base > metal prices. Comments from a number of analysts have been positve. Today > our metals analysts released their increased price estimates as shown in the > following comment: > > > > Market Notes - BASE METAL COMMENT - improving outlook - the group continues > to benefit from the > > encouraging economic environment, the fairly good tone to pricing along with > renewed investor interest in the cyclicals. Leading the way has been nickel > with pricing up around 22% over the past few months. The key risk to the > nickel call is what Russia (i.e. largest producer) would do and to date they > have not been putting additional supply on the market. The better discipline > from producers is not specific to nickel as the copper producers have been > curtailing production, which has lifted prices. Against this backdrop, we > have increased our 2002 price forecast for nickel and copper to $2.68 (up > 14%) and $0.71 (up 7.6%). We have also taken up our forecasts on aluminum, > zinc and lead but the increases are more modest. In addition, the better > pricing environment is expected to continue into 2003, which bodes well for > the group. Victor Lazarovici has made 10 ratings changes (6 up, 4 down) to > realign the group following the gains made by the various stocks. All in, > the downgrades should not be viewed as negative because the trend in the > metals is up. Some stocks just got ahead of themselves. The notable upgrades > include Inco (N), Falconbridge (FL), Noranda (NRD) and Alcoa (AA -N), while > the key downgrade in the Canadian stocks was Teck Cominco (TEK.B) which is > now Market Perform. > > The company that we like right now is Inco (N on T). > > Here's the thesis: > > - Metal analysts are predicting an upturn in the underlying commodity price > of nickle... every 50 cent move in the commodity will have an impact to Inco > share prices. > > - the best way to play nickle in the Canadian market is Inco > > - If you believe that the global economy will be better in 2002 than in > 2001, commodity prices (including nickle) should improve. Nickle > inventories are currently low. > > - To achieve exposure, you can purchase Inco shares; a more levered exposure > can achieved through Inco warrants that also trade on the Toronto exchange. > They have a long expiration date (2006) with a strike price of $30 Cdn. The > warrants would be considered a more aggressive position than the stock > because of the leverage to the underlying share price and their considerably > lower liquidity.

To: winston.s.c who wrote (1208)	5/15/2002 9:21:08 PM
From: CIMA	Respond to of 1239

Second Drill Rig To Define Open-Pit Potential - Western Boundary Staked To Cover UTEM Extension (enews) Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada The Starfield Resources Inc. (CDNX: SRU; OTC-BB: SRFDF) 2002 drill program, underway since March 2002, has been designed to achieve three objectives. The initial stage of drilling consists of coring three wedged offset holes from drill hole FL01-101 which reported on October 3, 2001 a 0.35 meter intersection grading 103 g/t palladium, 26.7 g/t platinum and 2.74 g/t rhodium at a depth of 962.28 meters. The three offset intersections, to be compiled and reported to the Company by independent consultant, Dr. N.C. Carter, P.Eng., upon his receipt of all results, are designed to determine orientation of this new PGE horizon to direct further detailed exploration. A second drill rig on site will immediately commence coring approximately 2,600 meters in 22 holes of definition and fill-in drilling of higher grade, near surface West Zone massive sulphides located between Sections 40W and 50W. Currently, this region of West Zone is estimated to contain 8.1 million tonnes grading 1.07% copper, 0.83% nickel, 1.53 g/t palladium and 0.20 g/t platinum at a 1.5% copper + nickel cutoff and includes 2.5 million tonnes grading 1.18% copper, 1.04% nickel, 1.78 g/t palladium and 0.29 g/t platinum at a 2.0% copper + nickel cutoff. Preliminary mineral resource estimates for West Zone between Sections 40W and 50W are based on 50 drill holes, including historic Inco holes for which nickel, copper and only partial PGE assays are reported. The holes drilled by Starfield during 1999 and 2000 were analyzed for nickel, copper, palladium, platinum and cobalt. Dr. Carter's 22 hole program is designed to upgrade the mineral resource from an "inferred" to an "indicated" category as defined by the CIM Standing Committee, to further increase the resource estimate and to establish PGE and cobalt values. The combined drill results should also provide sufficient information to allow a preliminary assessment and design of open pit mine potential in this area. Additional exploration is scheduled to test extensions to the West Zone, as indicated by UTEM and magnetic geophysical anomalies, at depth in the area of Section 6160W (below drill holes FL01-84, 99, and 104) and along strike in the areas from Section 80W to 84W and Section 106W to 110W. After reviewing geophysical data Starfield has acquired, by staking, two additional mineral claims which increases the Company's land holding by 4,100 hectares to a new total of 28,100 hectares. These claims adjoin the western boundary of the Ferguson Lake property and protect a 10-kilometer long area into which the West Zone is projected to extend. Crews to operate the second rig are on site and will commence drilling immediately. On Behalf of the Board of Directors, "Glen Macdonald" Glen Macdonald, P.Geol., Director 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. Contact information: Glen Indra Starfield Resources Inc. 604-608-0400 Corporate Office: 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