NWT Mineral Exploration

[Tackler]

Wyn Developments completes NWT geophysical work

2004-09-17 18:40 ET - News Release

Also News Release (C-SRU) Starfield Resources Inc

Mr. Daniel Kesonen of Wyn Developments reports

DRILLING TO COMMENCE FERGUSON LAKE, NI-CU-PT-PD-CO PROJECT

Wyn Developments Ltd. has released encouraging exploration results received from work under way at two of the company's mineral projects.

Geophysical surveys have now been completed at the company's Blustry Mountain and Ferguson Lake properties. An induced polarization survey was conducted at Blustry Mountain where exploration is being carried out for gold-silver-bearing epithermal systems similar to the Blackdome deposit approximately 100 kilometres northwest. Several targets were outlined with extremely high resistivity, typical signatures for epithermal silica flooding. Several zones of anomalous high chargeability identified could represent disseminated sulphide mineralization. Further exploration work is also planned for the Blustry project to better define targets for drill testing.

The company's Ferguson Lake, Nunavut, properties are been explored by Starfield Resources Ltd. on an earn-in joint venture basis 50/50. Exploration surveys are currently targeting the JR 3 claim, in an area where Wyn Developments' claims cover projected extensions of Starfield Resources' East zone and M zone massive sulphide Ni-Cu-Pt-Pd-Co mineralization. Airborne and deep-penetrating electromagnetic systems have been used by Starfield Resources to date to identify anomalies typical of sulphide bodies in the Ferguson Lake mineral district. Several areas have been selected for additional detailed survey work. Drill testing of these anomalies is scheduled to take place during October. Additional results for Wyn Developments projects are expected shortly and will be released on a timely basis.