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

To: Tom Cat who wrote (327)	5/24/1999 6:23:00 PM
From: SWW	Read Replies (1) \| Respond to of 1239

As for INCO, I dont think incompetance had anything to do with it. It was a cu/ni play and PGE was not even a consideration back then. Homestake did some sampling for PGE and it is my understanding that the results were promising. Not sure why they did not continue, but time will tell. We should have some drilling results in 3 weeks. That will start to tell the story. IMO it does not have to be an elephant to make a go of it if they PGE. Steve

To: Tom Cat who wrote (327)	5/24/1999 11:41:00 PM
From: CIMA	Read Replies (1) \| Respond to of 1239

This from Chimpleton on Raging Bull: I would like to respond to Tom Cat's post 327 on SI. In 1953 when Inco was working on the property they may have sampled for PGEs. We do not know for sure because they only reported a % of precious metals and did not specifically identify which ones (in 1953 I don't believe there was much interest in palladium). After the work program Inco took the property to full mining lease and kept it in inventory for over 40 years. When Inco lost the property, anybody associated with the project was no longer with the company (this is the same situation that allowed Falconbridge to stake over 50% of Inco's Sudbury property). In 1987 with Inco's permission Homestake sampled the property for PGE's. After they had completed the work program, they proposed a $900,000 joint venture. Inco turned the proposal down. Starfield is the first company to drill the property since 1953. I hope this may have answered some of your questions.