<><><><><><><><><><><><><><><><><><><> February 18, 2002 - Stock of the Week ( OTC BB: SRFDF ) <><><><><><><><><><><><><><><><><><><>
OTC BB: SRFDF Starfield Resources, Inc 52 Week High $ 0.80 52 Week Low $ 0.20 Market Cap $21.2 M Shares Outstanding 38.5 M
Corporate website: www.starfieldres.com
Listen to an interview with Glen Indra, CEO of Starfield Resources, Inc at http://www.otclive.com
///////////// The Company /////////////
Starfield Resources Inc. is a company whose shares are traded publicly on the CDNX (symbol: SRU) and the OTC BB (symbol: SRFDF) exchanges.
The Company is focused on exploration and development of its 100% owned 57,000 Acre Ferguson Lake Nickel-Copper-Cobalt-Palladium- Platinum property located in Nunavut Territory, Canada. After producing very encouraging results during multi-phase exploration programs completed in September 1999 and June 2000, Starfield is now engaged in an aggressive drill program to expand this potentially world-class ore deposit.
Starfield is using state of the art geophysical survey techniques to extend mineralized horizons beyond the known drilled deposits, and to seek additional targets. Drill holes to date of over 42,000 meters have demonstrated a 100% success rate in identifying sulphide mineralization as the cause of new geophysical targets.
To date the Company has proven, using a 1% cutoff Cu+Ni 51.7 million tonnes of .92% Copper .58% Nickel, and 1.44 g/t Platinum and Palladium. Using a 1.5% cutoff Cu+Ni there is 25.5 million tonnes of 1.15% Copper, .78% nickel and 1.86 g/t Platinum and Palladium and using a 2% Cu+Ni cutoff grade there is 9.3 million tonnes of 1.37% copper and .87% Nickel and 2.06 g/t Platinum and Palladium. Prior to the recent discovery of a new high-grade platinum and palladium reef system the Company had discovered 2,370,000 ounces PGE’s. Continuing improvements in infrastructure and exploration methods have turned the newly formed mining friendly Nunavut Territory into one of the most highly prospective mineral exploration frontiers in the world today.
Starfield Retains Corporate Finance Advisor Starfield is pleased to announce that the Company has retained Warrior, a division of Standard Bank of London as corporate finance advisor. Warrior provides . . .
Rhodium Encountered in High-Grade System Starfield Resources Inc. announces a Private Placement of 313,750 Flowthrough units at $0.50 CDN per unit with MTAX (No. 2) MINERAL LIMITED PARTNERSHIP . . .
2002 Drill Program to Commence in January -- High-Grade Platinum-Palladium Horizon Expanded The Company is pleased to summarize the successful exploration programs conducted during 2001 at the 100% owned Ferguson Lake Nickel, Copper, Palladium . .
Tonnage Increased by 8.4 Million Tonnes to 60.1 Million Tonnes -- Mobilization for 2001-2002 Drill Program Imminent Results from recent drilling at Starfield's Ferguson Lake proeprty have now been compiled by N.C. Carter, Ph.D., P.Eng., the Company's independent consultant . . .
for more information please visit www.starfieldres.com & www.otclive.com
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