*Largest base metal and PGE project in Nunavut
*Ferguson Lake Project Spans 1.3 Million Acres
*Completed 136,670 metres of drilling in 378 holes
*Recent Discovery of Diamond at Ferguson Lake
Starfield Resources Inc. is an advanced exploration and emerging early stage development company focused on its 100% owned Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium property in Nunavut Territory, Canada. The Ferguson Lake project, which spans 1.3 million acres, is the largest base metal and PGE project in Nunavut, with an unparalleled rate of PGE discovery in North America. Since 1999, Starfield has completed 136,670 metres of diamond drilling in 378 holes.
Starfield's current resource totals 44.2 million tonnes, of which 15.3 million tonnes is listed in the indicated category. The Company's goal is to add approximately 15.0 million more tonnes to the indicated category over the next two years.
Previous drilling on the West Zone Extension, which is believed to represent the down plunge western continuation of the West Zone, indicates that, locally, the massive sulphide lenses are considerably thicker than those present in the eastern half of the West Zone. To further evaluate this deeper mineralization, two holes (FL08-407 and FL08-410), totaling 2,005 metres, were completed during the 2008 drill program. As in some of the previous drilling, FL08-407 encountered massive sulphide mineralization, with an intersection of 25.5 metres grading 0.63% nickel, 1.18% copper, 0.08% cobalt, 2.00 g/t palladium, and 0.42 g/t platinum. Although FL08-410 did not encounter a thick zone of massive sulphides, broad intervals of disseminated, veinlet and submassive sulphides were encountered, all of which potentially indicate the mineralization is offset in this area due to faulting. Additional drilling for this target is warranted and planned in the future.
Starfield released successful results from the refinement of the hydrolysis circuit in its hydrometallurgical process intended to treat massive sulphide ore.
Update on Iron Hydrolysis Testing
Testing of the continuous circuit for iron hydrolysis, precipitation and hydrochloric acid recovery has been ongoing in Montreal for the past two months. Initial results are encouraging, and further testing is planned to continue for the remainder of 2008.
Video
This animation depicts the proposed mine, slurry pipeline and processing facilities comprising the Ferguson Lake project when completed and fully operating. These facilities are in the planning stages and none has yet been constructed.
To receive more information please contact info@starfieldres.com
André Douchane addresses the investment community
