Starfield Resources Inc. - 2003 exploration update
December 12 2003 - 10:50AM
PR Newswire (US)
Starfield Resources Inc. - 2003 exploration update VANCOUVER,
Canada, December 12 /PRNewswire/ -- Ferguson Lake
Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada
SRU - TSX.VEN SRFDF - OTC BB Starfield Resources Inc. has completed
field work during 2003 consisting of UTEM geophysical surveying and
core drilling at the Company's 100%-owned Ferguson Lake
nickel-copper-cobalt-platinum-palladium project located in Nunavut,
Canada. The 2003 exploration program included of 55,500 grid
line-meters of UTEM geophysical survey and, to date, 9 core drill
holes totaling 2,667 meters. The 2003 program was designed to
further test both massive and low-sulphide platinum-palladium
mineralized horizons discovered in 2002 in the footwall gabbroic
rocks below the near-surface eastern portion of the West Zone, and
to apply UTEM geophysical survey coverage over a trend of magnetic
anomalies (detected by the inverse-magnetic interpretation method)
now determined to be extending south-west from the 119 Zone
discovered during 2002. Previous UTEM geophysical surveys during
1999 and 2000 by the Company's geophysical contractor, S.J.
Geophysics of Vancouver, B.C., outlined a 5- kilometer-long
conductor trending west from the west shore of Ferguson Lake.
Starfield's drilling of this conductor, coincident with a trend of
magnetic anomalies, outlined the "West Zone" over a 2.8 kilometer
length and, with an 800-meter stepout further west, the "119 Zone".
The West Zone contains an inferred mineral resource of 44.0 million
tonnes(x) averaging 0.95% Cu,0.55% Ni, 0.064% Co, 1.33 g/t Pd and
0.24 g/t Pt, and the 119 Zone - 5.8 million tonnes(x) averaging
1.31% Cu, 0.72% Ni, 0.086% Co, 2.02 g/t Pd and 0.30 g/t Pt. These
results are calculated using a 1%-plus copper+nickel content and
are summarized in detail in the Company's news release of June 6,
2003. The 2003 geophysical survey grid was oriented South-West
beyond the 119 Zone to better cover a magnetic trend recognized to
be deflecting southerly from the original (West Zone/119 Zone) west
orientation as determined in the earlier surveys. The 2003 UTEM
survey extended for 3.0 kilometers, the original conductor known to
be associated with the 119 Zone. The UTEM conductor/magnetic
anomaly system remains open to the South-West. The 2003 drill
program, to date, includes 9 core holes totaling 2,667 meters.
These holes were laid out to further evaluate both massive and low-
sulphide platinum-palladium mineralized horizons discovered during
2002. These horizons, as announced in our news release dated
February 18, 2003, occur in the Ferguson Lake gabbroic rocks below
and sub-parallel to the main sulphide system containing the West
Zone resource. Samples from the 2003 drill program are currently
being processed and results will be published when received by
Starfield. This news release has been prepared by Glen Macdonald,
P.Geo., a qualified person as defined by NI43-101. On Behalf of the
Board of Directors, "Glen C. Macdonald, P.Geo". Glen Macdonald,
Director (x) The Company's independent consultant, N.C. Carter,
Ph.D., P.Eng., has prepared the 2002 revised Mineral Resource
estimates which form part of a "Report on March-December 2002
Exploration Programs West Zone, Ferguson Lake
Nickel-Copper-Cobalt-PGE Property" dated June 19, 2003 which is
available for review on the SEDAR website. THE TSX VENTURE EXCHANGE
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE. %SEDAR: 00009374E DATASOURCE: Starfield Resources Inc. For
further information: Tel: +1 (604) 608-0400, Fax: +1 (604)
608-0344, Toll Free: +1 (877) 233-2244, Email:
info@starfieldres.com, Website: http://www.starfieldres.com/
Copyright