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dtaylor
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I have been in SRU for a while and it is really starting to look like some very significant news is about to be released. This stock has gone up over 40% in the last few weeks. A string of vey important news is supposed to be out starting by around Jan. 15th. This is their NR from Dec. 19. Two key statements in it are:

"...the company intends to apply for mining lease status in 2006 on the mineral claims covering the West Zone."

"This style of sulphide deposit is one of the most sought after deposit types in the world."

The last NR from a few weeks ago before it started it's move up is below:

VANCOUVER, BRITISH COLUMBIA, Dec 19, 2005 (CCNMatthews via COMTEX) -- Starfield Resources Inc. (TSX VENTURE:SRU)(OTCBB:SRFDF)

Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

As of December 16th, 2005 the Ferguson Lake Project exploration field season has been completed. The program was initiated in April and has included detailed geophysical surveys, environmental field studies, regional rock and till sampling, field mapping and exploration, delineation and geostatistical core drilling on the West side of Ferguson Lake.

The analytical laboratory has received drill core samples from seven delineation drill holes from the infill drilling area and nine geostatistical holes drilled in the projected "pit area" of the West Zone. Drilling has now confirmed a 4.2 kilometer continuous strike length of main zone base and precious metal sulphide mineralization. Assay results are scheduled to be received in early 2006. They will be evaluated by N. C. Carter, PhD. P. Eng., who as the company's independent, 43-101 compliant, engineer will be compiling new mineral resource estimates for the project. The geostatistical sample results will be used by Dr. Isobel Clark of Geostokos Ltd. in her detailed geostatistical evaluation of the project. Reports are expected in the first quarter of 2006.

Detailed geophysical surveys by Crone Geophysics Ltd. were recently completed. Down-hole surveying (PEM) of drill holes and SQUID ground geophysical surveys were conducted throughout the exploration season. These surveys have greatly assisted in guiding the drill program throughout the season and detailed interpretive reports by Crone staff are expected in the first quarter of 2006.

Metallurgical test work of Ferguson Lake copper-nickel-cobalt-palladium-platinum bearing massive sulphide mineralization from the "pit area" will be scaled up and accelerated in 2006. Hydrometallurgical results from current laboratory testing will be discussed in a separate press release in early 2006.
The Pincock, Allen and Holt scoping study of the project is progressing well and is now awaiting the reports of Dr. N.C. Carter, Dr. Isobel Clark and Crone Geophysics Ltd. at which time they will be able to complete their work.
Rescan Environmental Services Ltd. conducted several field studies and evaluations for the company in 2005. Their reports and recommendations are expected early in the new year and concurrent with these reports the company intends to apply for mining lease status in 2006 on the mineral claims covering the West Zone.

Regional mineralized rock sampling, regional till sampling and a 9500 line kilometer Geotech Ltd. VTEM-magnetic geophysical helicopter survey were completed in 2005. Evaluation of the significant number of regional anomalies generated over the 1,200,000 acre property during each of these surveys will continue throughout the winter months with the intention of developing an exploration strategy going forward.

Dr. Al Miller was contracted to conduct field mapping, and metallogenic evaluation of the Ferguson Lake project and its newly staked regional mineral claims. His most important observation and interpretation is that the semi-massive to massive mineralization is hosted in a "fractionated layered complex" best "termed the Ferguson Lake Intrusive Complex" inferred to be Archean in age. This layered complex has been deformed and metamorphosed under amphibolite facies conditions. The base and precious metal mineral resources defined by Starfield's project are now described as a mafic and ultramafic-related magmatic Ni-Cu-Co-PGE deposit type. This style of sulphide deposit is one of the most sought after deposit types in the world. Dr. Miller who will again join Starfield's exploration team in the coming field season will have final reports prepared in early 2006.

The company commends the safe and successful efforts of the exploration and geological staff, drill crews, and all of the professional contract personnel who have contributed so much to the 2005 project. The reporting of their results, in part, will commence in January 2006 and the collation of all information is expected to be completed during the first quarter.

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

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dtaylor
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A person has to read this a couple times over to truly appreciate it. They are getting over 90% recovery and I know that it is still being worked on to bring that up from there. This was their biggest concern and it looks as though it has been addressed and, very successfully if I may add.

Starfield Resources Inc: Positive Hydrometallurgical Results
1/19/2006

VANCOUVER, BRITISH COLUMBIA, Jan 19, 2006 (CCNMatthews via COMTEX) --
Starfield Resources Inc. (TSX VENTURE:SRU)(OTCBB:SRFDF)

Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

Positive hydrometallurgical initial laboratory test results have been received by Starfield prompting the Company to accelerate its 2006 laboratory scoping hydromet-test programs in Canada. The studies were conducted on whole rock core samples of massive sulphide mineralization from the proposed "Pit Area" of the West Zone at Ferguson Lake.

The Canadian hydrometallurgical laboratory test programs have produced up-graded sulphide concentrates which are amenable to further standard flotation processing and/or secondary hydromet processing. From the initial tests, greater than 90% of the nickel and cobalt was selectively recovered from a secondary hydromet process. These positive achievements are now being duplicated in a larger scale, 75 kilogram, primary hydromet test that will generate significant quantity of up-graded sulphide concentrate for secondary hydromet processing and sulphide flotation testwork. Further results are scheduled for availability during early April 2006.

Intec Ltd. of Australia have also reported to the Company that their technology used on Ferguson Lake massive sulphides during laboratory-scale, hydrometallurgical testing produced positive extraction results for nickel, copper, and cobalt (greater than 80%).

Starfield believes that hydrometallurgical processing offers cost effective and environmentally friendly sustainable development alternatives to conventional smelting-refining. Concurrent with its expanded, accelerated, bench-scale laboratory hydromet test work now underway in Canada, the Company plans to invite major engineering firms to carry out preliminary cost-technology studies of hydrometallurgical processing suitable for the future development of the Ferguson Lake Project.

Sulphide ore concentrates are presently used in commercially available hydromet applications or nearly developed processes such as the CESL Process, Activox Process and the Inco-Voisey's Bay, Argentia, Newfoundland demonstration plant. Inco's successful development of a technically and economically viable hydromet technology was supported by 60 million dollars from Technology Partnerships Canada, Ministry of Industry, Canada.

On behalf of the Board of Directors

"Glen C. Macdonald"

Glen C. Macdonald, P. Geo., 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.

SOURCE: Starfield Resources Inc.

Starfield Resources Inc. Glen C. Macdonald, P. Geo. Director (604) 608-0400 or Toll Free: (877) 233-2244 (604) 608-0344 (FAX) corporate*starfieldres.com http://www.starfieldres.com

Copyright (C) 2006 CCNMatthews. All rights reserved.

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dtaylor
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Big volume coming in on SRU today. The stock has moved up 10% the last two days while the market looks to be getting cleaned up and preparing itself for a significant move upward. Cannacord has been all over this play lately as its 50,000 share bid lots have been continually showing up to accumulate. The next few days should be interesting.
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Fergy
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Looks like we have a cup and handle formation coming. Looks nice. Thanks dtaylor.
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dtaylor
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Fidelity picks up another 5.4 million shares of SRU!

This report on Fidelity below came out a few days ago on Feb 10, 2006. Over the last year Fidelity has increased SRU share total by 5,478,359 shares since March 2005. Fidelity now holds 19,786,343 Common Shares and Warrants representing approximately 14.34% of the outstanding shares of that class. Great news they feel their original investment is sound and are so confident in SRU that they picked up another 5.4 million shares. Report from Sedar below:

EARLY WARNING REPORT UNDER
THE ALTERNATIVE MONTHLY REPORTING SYSTEM
OF NATIONAL INSTRUMENT 62-103
FEBUARY 10, 2006

1. Name and address of the eligible institutional investor:

Fidelity Management & Research Company (“FMR Co.”)
82 Devonshire Street Boston, MA, 02109

Fidelity International Limited (“FIL”)
42 Crow Lane, Pembroke, Bermuda
FMR Co., and FIL and certain other relevant affiliates and associates are sometimes hereinafter collectively referred to as “Fidelity.”

2. Name of the reporting issuer:
Starfield Resources Inc.

3. Period for which the report is filed:
Period ended January, 2006.

4. Net increase or decrease in the number or principal amount of securities, and in the eligible institutional investor’s security holding percentage in the class of securities, since the last report filed by the eligible institutional investor under the early warning requirements:

Since Fidelity’s last report filed on March 18, 2005, Fidelity’s holdings have increased by 5,478,359 shares. This represents a net increase of 2.60% of the shares held by Fidelity.

5. Designation and number or principal amount of securities and the eligible institutional investor’s security holding percentage in the class of securities at the end of the month for which the report is made:

Fidelity now holds 19,786,343 Common Shares and Warrants representing
approximately 14.34% of the outstanding shares of that class.

6. Designation and number or principal amount of securities and the percentage of outstanding securities of the class of securities referred to above over which:
(i) the eligible institutional investor, either alone or together with any joint actors,
have ownership and control:
N/A.
(ii) the eligible institutional investor, either alone or together with any joint
actors, have ownership but control is held by other entities other than the eligible
institutional investor or any joint actor:
N/A.
(iii) the eligible institutional investor, either alone or together with any joint actors, have exclusive or shared control but does not have ownership:
19,786,343 Common Shares and Warrants representing approximately 14.34% of the outstanding shares of that class.

7. Purpose of the eligible institutional investor and any joint actors in acquiring or disposing of ownership of, or control over, the securities, including any future intention to acquire ownership of, or control over, additional securities of the reporting issuer:

The Common Shares and Warrants of Starfield Resources Inc were acquired in the ordinary course of business, for investment purposes only and not with the purpose of exercising control or direction over Starfield Resources Inc. Fidelity may from time to time, on behalf of funds or accounts it manages, acquire additional Common Shares and Warrants, dispose of some or all of the Common Shares and Warrants they hold or continue to hold Common Shares and Warrants.

8. General nature and the material terms of any agreement, other than lending arrangements, with respect to securities of the reporting issuer entered into by the eligible institutional investor, or any joint actor, and the issuer of the securities or any other entity in connection with any transaction or occurrence
resulting in the change in ownership or control giving rise to the report, including agreements with respect to the acquisition, holding, disposition or voting of any of the securities:
N/A.

9. Names of any joint actors in connection with the disclosure required by Appendix G of National Instrument 62-103:
N/A.

10. If applicable, a description of any change in any material fact set out in a previous report by the eligible institutional investor under the early warning requirements:
N/A.

11. Eligibility to file reports under the alternative monthly reporting system:

Fidelity is eligible to file this report either under the alternative monthly reporting system of National Instrument 62-103, or pursuant to MRRS Decision Document dated April 4th, 2005 granted to FIL and certain of its affiliates.

12. Declaration:
The filing of this report is not an admission that any entity named in this report owns or controls any securities or is a joint actor with another named entity.

DATED February 10, 2006
By: /s/“Eric D. Roiter”
Name: Eric D. Roiter

Title: Senior V.P. & General Counsel – FMR Co.
Duly authorized under Powers of Attorney
Dated December 30, 1997, by and on behalf
of FMR Co., FIL, and their direct and indirect subsidiaries

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dtaylor
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RAB Special Situations (Master) Fund Limited pick up another 5 Million SRU shares:

RAB Special Situations (Master) Fund Limited, like Fidelity, also has recently picked up another 5 million shares and warrents of SRU. They now hold 12,125,000 Shares and 9,625,000 Warrants of the Issuer, approximately 13.43% of the issued and outstanding Shares. Together, RAB (13.4%) and Fidelity (14.3%) now control approx. 30% of SRU's shares. They both bought last year and continue to accumulate. Hugely postive in my opinion. Fidelity and RAB don't invest to lose and know what they are doing. Report (Sedar) is below:

ALTERNATIVE MONTHLY REPORT UNDER
PART 4 OF NATIONAL INSTRUMENT 62-103
DATED this 10th day of January 2006.

Reporting Issuer: Starfield Resources Inc. (“Issuer”)

Report for the end of: December 2005

(a) Name and address of the eligible inst itut ional investor:

RAB Special Situations (Master) Fund Limited (“Special Situations”)
P.O. Box 908 GT Walker House Mary Street George Town, Cayman Islands

(b) Net increase or decrease in the number or principal amount of securities, and in the eligible institut ional investor’s security holding percentage in the class of securities, since the last report filed by the eligible institutional investor under Part 4 or the early warning requirements:

Since the last report filed by Special Situations under Part 4 for the Issuer, there is a net increase in Special Situations’ holdings of 2,500,000 common shares (“Shares”) and 2,500,000 warrants (“Warrants”) of the Issuer representing a net increase of 1.34% in Special Situations’ security holding percentage for that class of the Issuer’s securities.

(c) Designation and number or principal amount of securities and the eligible institutional investor’s securit yholding percentage in the class of securit ies at the end of the month for which the report is made:

Special Situations holds 12,125,000 Shares and 9,625,000 Warrants of the Issuer (collectively the “Securities”). The Securities represent approximately 13.43% of the issued and outstanding Shares of the Issuer on a partially diluted basis (assuming exercise in full of all convertible securities of the Issuer held by Special Situations) (“Partially Diluted Basis”).

(d) Designation and number or principal amount of securities and the percentage of out standing securit ies referred to in paragraph (c) (above) over which:

(i) the eligible institut ional investor, either alone or together w ith any joint actors, has ow nership and control:

Special Situations and its joint actors, if any, have ownership of and control over 12,875,000 Shares and 9,875,000 Warrants representing approximately 14.03% of the issued and outstanding Shares on a Partially Diluted Basis.
William Philip Seymour Richards (“Philip Richards”), who may be considered a
joint actor with Special Situations, has ownership of 750,000 Shares and 250,000 Warrants, representing approximately 0.66% of the issued and outstanding Shares on a Partially Diluted Basis.

(ii) the eligible institut ional investor, either alone or together w ith any joint actors, has ownership but control is held by other ent it ies other than the eligible institutional investor or any joint actor:
Not applicable.

(iii) the eligible institutional investor, either alone or together with any joint actors, has exclusive or shared control but does not have ow nership:
Not applicable.

(e) Purpose of the eligible institutional investor and any joint actors in acquiring or disposing of ow nership of, or cont rol over, the securit ies, including any future intention to acquire ownership of, or control over, additional securities of the reporting issuer:

Special Situations acquired the Securities for investment purposes only and not with the purpose of influencing the control or direction of the Issuer. Special Situations may in the future, subject to market conditions, make additional investments in or dispositions of the Issuer’ s securities. However, Special Situations does not intend to acquire 20% or more of any class of the outstanding voting or equity securities of the Issuer.

(f) General nature and the mat erial terms of any agreement, other than lending arrangements, with respect to securities of the reporting issuer entered into by the eligible institut ional investor, or any joint actor, and the issuer of the securities or any other entity in connection with any transaction or occurrence resulting in the change in ownership or control giving rise to the report , including agreements with respect to the acquisition, holding, disposition or voting of any of the securities:

Special Situations subscribed for a total of 2,500,000 units (“ Units” ) of the Issuer at a price of Cdn.$0.40 per Unit pursuant to the terms and conditions of a subscription agreement made between itself and the Issuer. Each Unit consists of one (1) Share in the capital of the Issuer and one (1) share purchase Warrant of the Issuer. Two (2) Warrants entitle Special Situations to acquire one (1) additional Share of the Issuer (“Warrant Share” ) at a price of Cdn.$0.50 per Warrant Share for a period of two (2) years from the
closing date. The transaction took place off the market by way of private placement and closed on December 28, 2005.

(g) Names of any joint actors required in connection with this report :
Philip Richards may be considered to be a joint actor with Special Situations as a result of his positions as a director and as investment manager of Special Situations, a Cayman Islands corporation.


DATED this 10th day of January 2006.

RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED
By: (signed) “ Joseph Jayaraj”
Name: Joseph Jayaraj
Title: Manager – Legal & Corporate
__________________

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dtaylor
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This post was taken from an informed poster on another site. Very interesting as I have heard similar information. Post below:

“Expecting news this week on drill results, and then a new resource estimate. I am told that they have the winter road going and are hauling supplies for the coming drill season. Also bringing in supplies for the new, much larger camp that they are going to build as soon as they can open camp up.

I also believe that a JV has been signed with a major(or at least very close) and that there is to be a huge influx of cash to build a pilot plant and to further drill the resource. This is a huge property and I am hoping with this JV it will bring in more experience and know how and will help move this project along at a much faster pace. The company and proerty is getting too big for current management to handle and new blood would certainly help them bring this mine to fruition, especially with the know how of a major!

I have also heard rumours(just rumours so far) about SRU splitting up into a couple companies. As some may know there is great diamond potential on the property and it would only make sense to split off and sign agreements to develop and explore the diamond potential. This would be a great bonus for any shareholder of the company IMO.”

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dtaylor
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Starfield hits massive sulphides over 4.2 continuous kilometres

2006-03-01 17:40 ET - News Release

Mr. Glen Macdonald reports

MASSIVE SULPHIDES CONFIRMED FOR 4.2 CONTINUOUS KILOMETERS WEST OF FERGUSON LAKE

Starfield Resources Inc.'s 2005 drilling program at Ferguson Lake included 12 diamond drill holes along the previously untested 800 metres of electromagnetic geophysical anomaly connecting the 119 zone and the known western limits of West zone. Drill intercepts of massive sulphides were encountered on all of the four sections drilled between the two zones, confirming that from the west shore of Ferguson Lake, sulphide lens(es) have a continuous strike length of over 4.2 kilometres.

The 119 zone was tested by drilling over 400 metres of strike length in 2002 and was estimated to contain an inferred mineral resource of 5.8 million tonnes of sulphide mineralization grading 1.31 per cent copper, 0.72 per cent nickel, 0.086 per cent cobalt, 2.02 grams per tonne (g/t) palladium and 0.3 g/t platinum at a 1.5 per cent Cu plus Ni cut-off grade (Dr. N.C. Carter, PEng, April 8, 2003). A revised resource estimate for 119 zone, and the intervening area between it and West zone, incorporating the 2005 drilling results is in progress. Highlights from the 2005 infill drilling are shown in the following table.


MASSIVE SULPHIDE INTERCEPT HIGHLIGHTS
INFILL DRILLING 119 ZONE TO WEST ZONE

Hole Interval Length Cu Ni
No. From To
(metres) (metres) (%) (%)

05-233 857.14 867.15 10.01 1.13 0.64

05-231 888.23 905.12 16.89 1.57 0.78
incl. 896.21 901.80 5.59 1.71 0.99

05-229 806.68 830.00 23.33 1.23 0.62
incl. 808.68 818.90 10.22 1.19 0.84

05-223 1,020.00 1,022.00 2.20 1.10 1.06
1,049.00 1,067.50 18.50 1.66 0.87
incl. 1,050.00 1,060.50 10.50 1.70 0.94
incl. 1,056.00 1,057.00 1.00 1.29 0.99

05-232 852.47 856.65 4.18 1.68 0.89
865.77 869.32 3.55 1.47 0.94
873.18 880.60 7.42 1.22 0.94

05-225 817.89 825.11 7.22 0.67 0.58
833.05 839.40 6.35 0.73 0.43

05-227 833.00 835.78 2.78 0.65 0.91
incl. 833.00 834.00 1.00 0.99 1.03
856.56 860-00 3.44 0.76 0.80

MASSIVE SULPHIDE INTERCEPT HIGHLIGHTS
INFILL DRILLING 119 ZONE TO WEST ZONE

Hole Interval Co Pd Pt
No. From To
(metres) (%) (%) (g/t)

05-233 857.14 867.15 0.076 1.70 0.60

05-231 888.23 905.12 0.088 2.08 0.47
incl. 896.21 901.80 0.110 2.49 0.70

05-229 806.68 830.00 0.076 1.62 0.47
incl. 808.68 818.90 0.099 2.34 0.77

05-223 1,020.00 1,022.00 0.143 2.45 0.35
1,049.00 1,067.50 0.100 2.31 0.31
incl. 1,050.00 1,060.50 0.111 2.45 0.38
incl. 1,056.00 1,057.00 0.117 2.55 2.77

05-232 852.47 856.65 0.103 2.21 0.60
865.77 869.32 0.109 2.43 0.15
873.18 880.60 0.103 2.14 0.15

05-225 817.89 825.11 0.068 1.52 0.13
833.05 839.40 0.053 1.00 0.34

05-227 833.00 835.78 0.100 2.54 0.75
incl. 833.00 834.00 0.113 2.53 1.83
856.56 860-00 0.086 2.28 0.18

MASSIVE SULPHIDE INTERCEPT HIGHLIGHTS
INFILL DRILLING 119 ZONE TO WEST ZONE

Hole Interval Length 2PGE*
No. From To
(metres) (metres) (g/t)

05-233 857.14 867.15 10.01 2.30

05-231 888.23 905.12 16.89 2.55
incl. 896.21 901.80 5.59 3.19

05-229 806.68 830.00 23.33 2.09
incl. 808.68 818.90 10.22 3.11

05-223 1,020.00 1,022.00 2.20 2.80
1,049.00 1,067.50 18.50 2.62
incl. 1,050.00 1,060.50 10.50 2.83
incl. 1,056.00 1,057.00 1.00 5.29

05-232 852.47 856.65 4.18 2.81
865.77 869.32 3.55 2.58
873.18 880.60 7.42 2.29

05-225 817.89 825.11 7.22 1.65
833.05 839.40 6.35 1.34

05-227 833.00 835.78 2.78 3.29
incl. 833.00 834.00 1.00 4.36
856.56 860-00 3.44 2.46

* 2PGE equals Pt+Pd

Sulphide lens(es) within West zone are exposed on surface for about 1.8 kilometres from the west shore of Ferguson Lake, where they dip 45 degrees north. Further west where the sulphide lenses are obscured by overburden and cover rock, the lenses dip steeply (65 degrees to 70 degrees) north. The 2005 drill holes were tested by downhole PEM geophysical surveys by Crone Geophysics and Exploration Ltd. and the conductive sulphide lens(es) are interpreted to be sheet-like in form with a top to bottom extent of 900 metres to 1,000 metres.

Starfield Resources anticipates that the 13,414 metres of infill drilling completed along the 800 metres of strike length between West and 119 zones will add to the inferred category of mineral resources. In this news release, the results are organized by drill section from west to east between 119 zone area grid line 75 plus 81W to line 70 plus 00W of West zone.

Of interest is the fact that there is a portion of the massive sulphide mineralization found on each drill section that features an enrichment in platinum values which has been traced westward along strike from drill hole 02-105A on grid line 64 plus 00W to line 75 plus 81W (see holes 05-231 and 233; 05-223; 05-232; 05-227). Also of interest is the low-sulphide PGE style of mineralization which was encountered in hole 05-224 on line 74 plus 00W (7.97 g/t 2PGEs), the westernmost extent of this style of mineralization found to date.

Complete assay data for these holes are available for viewing at the company's website.

Glen Macdonald is the qualified person under National Instrument 43-101 responsible for preparing the technical disclosure in this news release.

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dtaylor
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Great News Out!!!

Starfield completed a definition diamond drilling program comprising 17 holes in the “Pit Area” of West Zone in 2005. Variably spaced drill holes over a strike length of approximately one kilometer were designed to provide additional data for a revised resource estimate currently being undertaken by independent consultant Dr. N.C. Carter, P. Eng. These 2005 holes will also provide data requested by Geostokos Ltd. for a geostatistical evaluation study being conducted by independent consultant Dr. Isobel Clark.

One of the holes, hole FL05-237 “hit a continuous massive sulphide intercept of 101.67 meters”.

The NR is too long to post so here is the link:

http://www.starfieldres.com/pr/SRU-04-06.pdf

When adding this to Starfield’s other results over the years, this find is turning out to be
massive. They wanted this one out yesterday so it could be talked about at the PDAC in Toronto starting on Sunday. I have been informed that this is the start a number of NRs to be coming down the pipe. When hearing what they are rumored to be about, I think this company is about to be blown wide open. We’ll have to see. Good luck.

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UPDATE ON SRU: Some info taken from another board.

Some of these holes were drilled into areas where they just want to bring the tonnage up to indicated and also to try to figure out grade distribution. I would not expect a lot of tonnage from some of these hole, some of the other ones will add tonnage though.

I believe all of the warrants that expire next week have been taken down. With that we will have $12,000,000 in the treasury which will pay for the new camp setup, fuel for the year, some of the drilling and from what I hear which may happen sooner rather than later is a move to the TSX.

I also am continuing to hear the rumours of a major coming in with some sort of JV being set up and a huge influx of cash.

An idea being bandied about by some people I know is that there is a good possibility that SRU will break up into two or more companies. One would be for the diamond potential, one for the base and precious metals they have indicated and maybe one more for exploring the rest of the property for more deposits. I myself can see it being two companies and not three as some have stated, much like GWG did and SGF.

I have also heard rumours or Indra stepping down so the Major can appoint a new president, he in turn would go to CEO, I am sure there will be some more board appointments as this deal is completed. I am looking forward to the news that states they have a deal done as of now all we have is rumours and a few hints from the company!

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dtaylor
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SRU company members loading up at 60 cents:

SRU directors, officers, employees and consultants are loading up on shares (4.79 million of them) at 60 cents. Very bullish sign in my opinion as them must think this price is a good deal and want to load up before the price increases. NR from March 14 is below:

STARFIELD RESOURCES INC. (Tier 1)
PRESS RELEASE March 14, 2006

Corporate Office: #SRU-05-06
Suite 420-625 Howe Street
Vancouver, BC CANADA SRU – TSX.V
V6C 2T6 SRFDF – OTC BB

Tel: (604) 608-0400 Fax: (604) 608-0344
Toll Free: (877) 233-2244 Email: corporate*starfieldres.com

Website: http://www.starfieldres.com Page 1 of 1
Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada

OPTIONS GRANTED

Starfield Resources Inc. announced today, subject to the approval of the TSX Venture Exchange, it is proposing to grant options to acquire a total of 4,790,000 listed shares at an exercise price of 0.60 to directors, officers, employees and consultants in amounts to be determined.

On Behalf of the Board of Directors,

“Glen J. Indra”
Glen J. Indra
President

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dtaylor
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Insiders haven't sold a share since Sept/Nov.'05 according to Canadian Insider but have just picked up over 1 millions shares a fews days ago ABOVE market price at 60 cents. Good sign they expect current share prices to be a thing of the past soon IMO. Info below:

Apr 04/06 Mar 31/06 Maddigan, Robert 50 - Grant of options Options 860,000 $0.600

Apr 04/06 Mar 31/06 Glanville, Ross Owen 50 - Grant of options Options 100,000 $0.600

Apr 04/06 Mar 31/06 Giegerich, Henry Maynard 50 - Grant of options Options 100,000 $0.600

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