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


To: Baba 2 who wrote (1215)2/24/2002 1:48:05 PM
From: CIMA  Respond to of 1239
 
Looks like Klaus was right. Seems to be heading back up again. Got this in my e-mail...

Subject: LK & Z Advisory
> >Date: Wed, 20 Feb 2002 10:53:57 -0800
> >
> >Subject: Starfield update
> >
> >Starfield Resources Inc. (SRU-CDNX)
> >February 19th 2002 close 77 cents
> >
> >Quick Update
> >
> >Between November 19th 2001 and February 19th 2002 (62 trading days)
> >investors initiated 3852 transactions (62 trades/day average) resulting
in
> >a total trading volume of 10,607,424 (171,087 shares traded/day average)
> >SRU shares. During the period the stock traded as low as 41 cents (Nov.
30)
> >and as high as $1.12 (Feb. 4). The public float (not including
management,
> >directors, family and friends) is approx. 20M shares.
> >
> >The recent share price appreciation followed on the heels of management's
> >very successful European IR trip (Jan. 21 to 25th) and the recent
> >engagement of "Warrior" (a consulting subsidiary of the Standard Bank of
> >London) as Starfield's Corporate Advisor (February 6th). In addition, the
> >company's exploration site mobilization and upcoming re- start of
drilling
> >on their Ferguson Lake Ni/Cu/Co/Pd/Pt prospect, heightened investor
> >interest and contributed greatly to the valuation increase.
> >
> >Recently, management has been involved placing 2M shares made available
due
> >to an estate planner's investment decision to sell. Despite the fact that
> >the majority of these shares were placed off market quickly and in an
> >orderly fashion, trading was impacted resulting in the current pull back
of
> >the share price. On the positive side, management confirmed to us today
> >that the majority of these shares have now been placed.
> >
> >Overall, we confirmed again that drilling is slated to start in the early
> >part of March and that the company is fully funded to undertake the
> >aggressive drilling program. The company will re-enter drill hole
#FL01-101
> >which had returned the exceptional Platinum and Palladium results (103
gram
> >Pd and 26.7 gram of Pt) to explore the origins of the horizon.
Furthermore,
> >the program will take a drill further west to confirm the UTEM conductor
> >image of a significant ore body extension.
> >
> >Overall we rate the current pullback as temporary and an opportunity to
> >invest in an exciting resource stock at an attractive price.
> >
> >Extensive technical and investor information regarding Starfield
Resources
> >Inc. and its Ferguson Lake project can be found by visiting the corporate
> >web site: www.starfieldres.com
> >
>
> "This email and any files transmitted with it are confidential and
intended
> solely for the use of the individual or entity to whom they are addressed.
> If you do not wish to receive this email, please reply with 'Remove' in
the
> subject line."



To: Baba 2 who wrote (1215)2/26/2002 2:39:42 PM
From: CIMA  Respond to of 1239
 
Starfield Resources Inc. - 2002 Exploration Program Commences (enews)
Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada #SRU-02-02 SRU.CDNX SRFDF - OTC BB

Starfield Resources Inc. has commenced mobilization for the 2002 exploration drilling program at the Ferguson Lake project, with drill crews to arrive during the first week of March. Since acquiring a 100% interest in the Ferguson Lake property in 1999, Starfield has expended over $14,000,000 on exploration including geophysical surveys, geological mapping and over 43,000 meters of diamond drilling. Together with some 30,000 meters of drilling done by Inco during the 1950's, a massive sulphide resource of 60.1 million tonnes is currently defined with only 25% of the known target explored.

The 2002 drilling program is designed as a three-phase project. Initial drilling has been planned to expand a high grade zone (0.35 meters grading 103 g/t Pd (3.29 oz/t), 26.7 g/t Pt (0.85 oz/t) and 2.74 g/t Rh (0.09 oz/t)) discovered in the last and furthest west hole, FL01-101, completed in 2001 on Section 6800 West. The new Platinum-Palladium-Rhodium mineralization is located in a discrete sulphide-poor horizon apparently parallel to the main massive sulphide system and possibly located near a mineralizing source area.

Drilling is also planned during this first phase of exploration to test deep targets recently indicated by new geophysical survey interpretation methods ("inverse magnetic method") to occur at depth below the known massive sulphide system. Inverse magnetic modelling has defined a strong anomaly in the area of Section 5720 where Hole FL00-67 will be extended an additional 500+ meters, the objective being to test for the lower limb or hinge of this folded system.

The 2002 exploration program is also designed to outline and define higher grade bodies of Copper-Nickel-Palladium-Platinum partially located within the already defined 60.1 million tonne massive sulphide resource; and to further expand the base resource by tracing the West Zone mineralization, identified by the strongest known UTEM and magnetic geophysical signals on the property, for an additional 2 kilometers to Section 8800 West from Section 6800 West to 8800 West. On behalf of the Board of Directors

"Glen Macdonald"

Glen Macdonald, Director

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



To: Baba 2 who wrote (1215)3/28/2002 6:17:49 PM
From: CIMA  Respond to of 1239
 
Starfield kicks off 2002 exploration program
Drilling targets western, downdip extensions

BY RICHARD GRAHAM
March 11-17, 2002 (Northern Miner)

VANCOUVER -- Starfield Resources (www.starfieldres.com) (SRU-V) has begun mobilizing drill rigs to its Ferguson Lake copper-nickel-platinum-palladium project in Nunavut for a new round of exploration.

This year's program is designed to expand a high-grade zone discovered in the final hole drilled in 2001. This hole, FL-101, was collared on section 6800 west, the westernmost drill section n the Main zone, and cut 0.35 metres grading 103 grams palladium and 26.7 grams platinum per tonne, as
well as 2.74 grams rhodium. The platinum-palladium-rhodium mineralization is hosted in a discrete, sulphide-poor horizon that is sub-parallel to the main massive sulphide
system. Starfield believes this platinum-group-metals zone may be near a mineralizing source area.

Drilling will also test deep targets that were outline following a reinterpretation of geophysical data. For example, hole F-67 will be extended by an additional 500 metres in order to test the lower limb of the folded system.

Starfield will also outline and define higher-grade bodies of mineralization, and the West zone will be tested for an additional 2 km along strike to the west.

Since acquiring Ferguson Lake in 1999, the junior has spent more than $14 million on geophysics, geological mapping and 43,000 metres of diamond drilling. Previously, in the 1950s, Inco completed 30,000 metres of drilling on the property.

The inferred resource is estimated to be 60.1 million tonnes grading 0.93% copper, 0.59% nickel, 1.32 grams palladium and 0.19 gram platinum, based on a combined cutoff grade of 1% copper-nickel. At a 2% cutoff, the resource shrinks to 12.7 million tonnes grading 1.39% copper, 0.85% nickel, 1.92 grams palladium and 0.28 gram platinum. The West zone hosts 92% of the tonnage and includes two areas of higher-grade mineralization (in excess of 1.5% combined copper-nickel). These areas contain 8.2 million tonnes grading 1.07% copper, 0.82% nickel, 1.48 grams palladium and 0.25 gram platinum. The estimate is based on a cutoff of 1.5% combined copper-nickel. The zone also includes a higher-grade section of 2.6 million tonnes
averaging 1.18% copper, 1.04% nickel, 1.88 grams palladium and 0.32 gram platinum, using a 2% copper-nickel cutoff.
This massive sulphide resource reportedly represents only 25% of the known target.

In addition to the West zone, the deposit contains the East I and East II zones.

Photo

Inco's camp at Ferguson Lake in the 1950s. The big nickel producer outlined a nickel-copper resource on the property between 1950 and 1955.
Photo to courtesy of Canadian Mining Journal

starfieldres.com



To: Baba 2 who wrote (1215)4/4/2002 1:49:26 PM
From: CIMA  Respond to of 1239
 
Jennings Capital Inc. Increases Starfield Resources Inc. 12 Month Price Target to $2.00

Vancouver, BC, APR 04, 2002 (EventX/Knobias.com via COMTEX) -- Jennings Capital Inc.

Mines and Mineral Research

Sector: Exploration

Daryl J. Hodges, MSc Tel: (416) 214-0600

daryl.hodges@jenningscapital.com

Assistant: Ahmed Datardina Tel: (416) 214-0600

ahmed.datardina@jenningscapital.com

April 2, 2002

STARFIELD Resources Inc.

(SRU-CDNX SRFDF OTC BB)

Complete Article at:

starfieldres.com

Speculative BUY

12 Month Target: $2.00

Starfield back at it in Nunavut. Drilling will follow up on spectacular
PGM’s and continue testing the enormous massive sulphide complex for the
‘sweet spot’. This could get exciting.

- STARFIELD has its drill rigs turning again on its 100% - owned Ferguson Lake
project in Nunavut:

o The Company has raised an additional $1,800,000 to commence the program.

o More funds are needed to adequately test this very interesting magmatic

copper - nickel - cobalt massive sulphide + platinum - palladium - rhodium
telluride system.

- Phase one will focus on drilling wedge holes from hole FL01-101 and FL01-104
to determine continuity of the PGM zones intersected last October (see assays
below).

- Here is our view:

o Ferguson Lake copper - nickel - cobalt - platinum - palladium deposit in
Nunavut is one of the largest sulphide bodies currently being explored; under
one third is tested.

o Results suggest a higher-grade source should lie to the west of recent
drilling.

o The high-grade palladium - platinum - tellurium zones are not in the main
sulphide complex; they occur above and below, in the ‘country rock’
and appear to have a late stage hydrothermal association. Only Norilsk has
similar high-grade Pd-Pt tellurides.

- The upside remains discovery of high-grade magmatic copper - nickel - cobalt -
PGMs and/or expansion of the very rich platinum - palladium mineralization;
substantial drilling is required

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: Baba 2 who wrote (1215)4/24/2002 6:50:02 PM
From: CIMA  Read Replies (1) | Respond to of 1239
 
Starfield Resources Inc. - Confirmation Assays Increase Platinum And Rhodium Up To 30% - Hole FL02-101W-1 Extends Biotite Alteration Zone (enews)

Starfield Resources has recently received confirmation assays for a high-grade palladium-platinum-rhodium intersection (reported October 3, 2001) in drill hole FL01-101. This higher-grade platinum group (PGE) interval located several meters above the main West Zone nickel-copper-palladium-platinum bearing massive sulphides is hosted by a distinct, fine-grained biotite-rich horizon containing no sulphide mineralization. Petrographic (laboratory) studies have identified the PGE host minerals to be kotulskite (a palladium-tellurium-bismuth mineral) and sperrylite (a platinum-arsenide mineral). Kotulskite and moncheite have also been identified as the principal host minerals for PGE enrichment within the main Ferguson Lake massive sulphide system. Assay results for the PGE horizon are summarized in the accompanying table.

Original Assay Results
-----------------------------------------------------------------
Sample Interval Length Pt Pd Rh
No. (meters) (meters) (g/t) (g/t) (g/t) METHOD
-----------------------------------------------------------------
467188 962.28-962.63 0.35 26.71 103.00 2.74 Fire
(original) assay -
silver
inquart
Check 35.03 105.64 N/A
(original)
-----------------------------------------------------------------

Confirmation Assay Results
-----------------------------------------------------------------
Re-assay
No. 1 34.51 104.64 3.68 Fire
assay -
gold
inquart
-----------------------------------------------------------------
Re-assay
No. 2 29.58 101.20 3.53 Fire
assay -
gold
inquart
-----------------------------------------------------------------
Re-assay
No. 3 31.63 101.04 3.61 Fire
assay -
gold
inquart
-----------------------------------------------------------------
Re-assay
No. 4 32.09 101.30 3.22 Fire
assay -
gold
inquart
-----------------------------------------------------------------
RE-ASSAY
AVERAGE 31.95 102.05 3.51 Fire
assay -
gold
inquart
=================================================================

These results, verifying the PGE content of the no-sulphide horizon, are part of a comprehensive assessment of analytical procedures on behalf of Starfield by S. Bruce Ballantyne, consulting geochemist. Further analysis of the overall PGE content, utilizing a second ISO 9002 accredited laboratory, is ongoing by Bruce Ballantyne in consultation with Dr. N.C. Carter, P.Eng., the Company's independent consulting engineer.

Investigation to determine the orientation of the high grade PGM zone is the focus of the current drilling program which got underway in late March. Hole FL01-101 was re-entered and a wedge was set at a depth of 754 meters or 208 meters uphole from the zone of interest.

This first wedge hole (FL02-101W-1) was recently completed to a depth of more than 1,020 meters and intersected two zones of biotite alteration within the host gabbro unit. The first of these 0.70 meters from 957.55 and 958.35 meters consists of 1 mm to 5 cm stringers and 5 to 10 cm clots of relatively coarse-grained, black biotite alteration within gabbro intercepted 3.7 meters above a 1 meter interval of massive and stringer sulphides. The second distinctive alteration zone is developed over a core length of 0.60 meters from 971.00 and 971.60 meters and is bracketed by massive and stringer sulphides. It includes several 0.5 to 2 cm wide stringers of fine-grained brown biotite which cut the gabbro at high angles to the core surface. These intercepts are similar in appearance to the original biotite-PGM zone located in hole FL01-101. Down-hole directional surveys indicate that the biotite alteration zones intersected in this first wedge cut are located between 10 and 12 meters east of the high grade biotite PGM zone intersected FL01-101.

A second wedge hole, designed to test the biotite-rich zone west of the original hole, is currently underway. Selected intervals from hole FL02-101W-1 have been sampled and assay results will be published when received by the Company.

On behalf of the Board of Directors "Glen Macdonald" Glen Macdonald, P.Geol., Director

Contact: Glen Indra Tel: (604) 608-0400 Fax: (604) 608-0344 Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com



To: Baba 2 who wrote (1215)5/8/2002 3:45:56 PM
From: CIMA  Respond to of 1239
 
RE-ANALYSES AND CHECK ASSAYS CONFIRM SIGNIFICANT PGE’s

IN WEST ZONE FERGUSON LAKE

Starfield Resources Inc. has received further verification of high-grade palladium-platinum-rhodium concentrations reported in drill hole FL01-101 (reported October 3, 2001 and April 24, 2002).

Reject sample material from the low-sulphide, biotite-rich high-grade PGE intercept were sent to Activation Laboratories. Nickel Sulphide Fire Assay fusions followed by INAA and ICP/MS analytical instrument determinations were the methods used to check PGE contents, in particular, rhodium concentrations. These latest results as well as previous data received from other accredited laboratories using different analytical methods are presented below:



HOLE FL01-101 PGE CONFIRMATION RESULTS

(Sample 467188, interval 962.28-962.63 meters, length 0.35 meters)




Pd

(g/t)
Pt

(g/t)
Rh

(g/t)
Analytical

Methods



Activation Lab


90.00

94.60


32.2

30.3


3.12

3.41
Nickel Fusion

INAA

ICP-MS

Acme Lab

Average (4)


102.05

105.64


31.95

35.03


3.51


Fire Assay

Gold inquart

Silver inquart



Bondar Clegg


103.00


26.71




2.74

2.93
Fire Assay

Silver inquart

Gold inquart

Repeat




These check assay results verify that the various analytical procedures used by these accredited laboratories consistently confirm the significantly high concentrations of rhodium (Rh) as well as palladium (Pd) and platinum (Pt) in this distinctive zone. The current drilling program is designed to further identify the target both east and west of the original intercept.



Starfield Resources has also received confirmation re-analysis, check assay, results for hole FL01-99 completed in August of 2001. The hole is located at 8+56 North on section 62+00 West and was drilled at an angle of -80 degrees on an azimuth of 176 degrees to a depth of 869 meters.



The objective of hole FL01-99 was to further test West Zone at depth below hole FL01-84 which had intersected a 46-meter interval of massive and stringer sulphides grading 1.34% Cu, 0.76% Ni, 0.089% Co, 1.99 g/t Pd and 0.32 g/t Pt.









Initial results for the massive and stringer sulphide interval in hole FL01-99 were provided by Bondar Clegg Canada Limited. A four acid sample digestion was followed by initial multi-element geochemical ICP analysis and subsequent

assays of samples with values exceeding 5000 ppm for copper and 4000 ppm for nickel. Palladium and platinum in parts per billion were determined by fire assay fusions using a silver inquart collector and ICP-AES determinations.



Sample pulps from the 31.96-meter interval (34 samples) were submitted to both ALS Chemex and Acme Analytical Laboratories for accredited check analyses.



ALS Chemex multi-element geochemical results were determined by four acid sample digestion followed by ICP-AES/MS determinations. Sample analyses containing greater than 10,000 ppm Cu were re-assayed for Cu and this data is incorporated below. Palladium and platinum were determined in parts per billion by Fire Assay fusions using a silver inquart collector followed by ICP-MS determinations.



Acme Analytical multi-element geochemical results were determined by an aqua regia acid sample digestion followed by ICP-MS determinations. Geochemical results are reported for Cu and Pd as Ni and Pt concentrations are only partially extracted using aqua regia acid digestions.



Weighted average values for three sample intervals based on results from the three ISO9002 registered laboratories are presented in the following table:



HOLE FL01-99 FERGUSON LAKE WEST ZONE COMPARATIVE DATA






PALLADIUM

PLATINUM




Interval depth

in metres
Core length

in metres


Analyses

method:






Fire Assay






Fire assay






Aqua regia







Fire assay






Fire assay




Instrument:
ICP-AES
ICP-MS
ICP-MS
UNITS
ICP-AES
ICP-MS


773.72 to 805.68
31.96

1619
1698
1701
ppb
300
355





1.62
1.70
1.70
g/t
0.30
0.36


Including

773.72 to 783.15
9.43

2159
2005
2062
ppb
248
188





2.16
2.01
2.06
g/t
0.25
0.19




and

786.06 to 783.15
16.94

1739
1968
1936
ppb
386
467





1.74
1.97
1.94
g/t
0.39
0.47







LABORATORY
Bondar

Clegg
ALS

Chemex


Acme

Bondar

Clegg
ALS

Chemex
















COPPER

NICKEL

Interval depth

in metres
Core length

in metres


Analyses

method:






4 – Acid






4 - Acid






Aqua regia







4 - Acid






4 - Acid



Instrument:
AA
AA
ICP-MS
UNITS
AA
AA



773.72 to 805.68
31.96

13831
13767
13688
ppm
6797
6869




1.38
1.38
1.37
%
0.68
0.69



Including

773.72 to 783.15
9.43

13687
14060
13354
ppm
8292
8323




1.37
1.41
1.34
%
0.83
0.83



and

786.06 to 783.15
16.94

16535
16366
16324
ppm
7807
7932




1.65
1.64
1.63
%
0.78
0.79







LABORATORY
Bondar

Clegg
ALS

Chemex


Acme

Bondar

Clegg
ALS

Chemex




The re-analyses results are in good agreement with the initial analytical and assay data now reported for FL01-99. Starfield Resources Inc. will continue to monitor PGE and base metal data from both low-sulphide and massive sulphide zones as intercepted in the current phase of drilling.



On Behalf of the Board of Directors,





“Glen Macdonald”





Glen Macdonald, P.Geol.,

Director