Mining Explorers 2009: Starfield Resources Inc.
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Last updated 11/1/2009 at Noon
SRU: TSX / SRFDF:OTCBB
President and CEO: André J. Douchane
Chief Financial Officer: Greg Van Staveren
Vice President of Exploration:
Raymond Irwin
Starfield Resources Inc. is a 25-year-old advanced exploration and development stage company focused on the 625,000-acre, or 259,336-hectare, Ferguson Lake nickel-copper-platinum-palladium-cobalt property in Nunavut. With resources containing more than 44 million metric tons, the Ferguson Lake Project is the largest base-metal project in the territory. Starfield owns 100 percent interest in the project and is also looking for diamonds and gold at Ferguson Lake. Preparation of an updated resource estimate is under way, and will be completed during the second quarter of fiscal 2010.
By moving the massive sulphide discovery toward development, and uncovering value in additional areas of its large land holding, the company believes it is well positioned to take advantage of future metal markets. Starfield also funded development of an innovative, environmentally friendly, highly efficient hydrometallurgical extractive process for processing nickel-cobalt-copper sulphide ore.
Cash and short-term deposits:
C$2.2 million (at May 31, 2009)
Working capital:
C$2.1 million (at May 31, 2009)
Market capitalization: C$58.22 million
Suite 2210, 130 Adelaide St. W.
Toronto, ON Canada M5H 3P5
Tel: 416-860-0400 Fax: 416-860-0822
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