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Starfield Resources Completes First 47 Drill Holes of Its 2006 Program.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Starfield Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE: SRU SRU Slippery Rock University (Pennsylvania)
SRU Scottish Rugby Union
SRU Strategic Response Unit
SRU Sulfur Recovery Unit (refinery term)
SRU Society of Radiologists in Ultrasound
SRU Shop Replaceable Unit
) (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:SRFDF) announced that its Ferguson Lake Project's phase one 2006 program of delineation-infill drilling on the west side of Ferguson Lake and regional exploration throughout its 1.3 million acre, mineral district-scale, property is underway. Three diamond drills are currently operating on the property and to date 47 holes have been completed. The delineation-infill drill program targeting the 2.6 kilometer strike extent of the exposed Ni-Cu-Co-Pd-Pt -bearing sulphide mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 of the West Zone's potential "Pit Area" and the covered West Zone extension is part of the program. Approximately 26,000 meters of drilling from more than 100 holes are planned between grid lines L 38+00W and L 64+00 W.

At the conclusion of the phase one program, compiled assay results are scheduled to be released as revised 2006 resource estimates. The Company's drill strategy is to continue to enhance the "measured and indicated" categories of resources throughout the West Zone utilizing a recommended closer drill spacing pattern. Conversion of portions of the current "inferred" category resources to higher category resources is an objective designed to increase asset evaluations of the project while defining an initial viable mine life and maximizing shareholder value.

Regional exploration crews are now conducting detailed follow-up geological mapping, prospecting, rock and till sampling, ground geophysical surveys and diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral . This continuing program is focused on priority targets identified in the 2005 regional airborne magnetic-VTEM and till surveys. The objective is to successfully develop anomalous targets to encourage participation in the further exploration and development of the 1.3 million acres of 100% Starfield owned mineral claims, which surround the Ferguson Lake magmatic sulphide mineralization.

Corporate Update

On Thursday, July 27th, 2006 Starfield's Board of Directors held a meeting in Calgary, Alberta that was followed the next day by the Company's Annual General Meeting of shareholders. All directors and officers were present at both meetings, including newest additions Dr. Norman Betts, director, and Mr. David Lewis The name David Lewis may refer to several people: Academics
  • David Lewis (lawyer) (c.1520-1584), civil lawyer and first Principal of Jesus College, Oxford
  • David Lewis (psychologist), an English author and psychologist
, CFO See Chief Financial Officer. . At the AGM AGM annual general meeting

AGM n abbr (= annual general meeting) → AG f

AGM n abbr (= annual general meeting) → JHV f 
 all resolutions were passed and attendees were given a project review and update of the Ferguson Lake Project, business developments and company plans for the future.

The company intends to review its extensive property holdings at the end of this season's program with the objective of prioritizing the next stage in the drill program and encouraging the participation of more senior companies with a view toward maximizing shareholder value.

The Ferguson Lake sulphide mineralization is considered to be a prime candidate for modern hydrometallurgical hy·dro·met·al·lur·gy  
n.
The treatment of metal or the separation of metal from ores and ore concentrates by liquid processes, such as leaching, extraction, and precipitation.
 ore processing. Compared to conventional ore-smelting processing, hydrometallurgy hydrometallurgy

Extraction of metal from ore by dissolving the metal (as one of its salts) and then recovering it from the solution. The operations usually involved are leaching (dissolving in water), commonly with additional agents; separating the waste and purifying the
 is more efficient as high value metal products are produced at the mine site for shipment and the process is considered environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] .

Proposed commercially available hydrometallurgical processes will continue to be tested worldwide. Positive model and test results of the Company's own envisioned hydrometallurgical processing have prompted the program to advance to a continuous circuit leaching stage. Currently, 450 kilograms of massive sulphide mineralization from the "Pit Area" are being leached and prepared for further processing.

The Company plans to commission an independent Canadian engineering firm to prepare a Preliminary Economic Analyses Study (prefeasability) of the Ferguson Lake project as a prerequisite to planning a full feasibility study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. . This study will incorporate the previous work by Pincock Allen and Holt and all (2005) and newly acquired 2006 drill program results.

The Company is moving forward in developing the project and the property. On the West side of Ferguson Lake a newly permitted, all-season, camp has been built approximately 1.5 kilometers north of the West Zone. The mineral claims hosting the identified metal resources, the new camp facilities and the proposed new gravel airstrip have been legally surveyed in preparation for application for mining lease status for this portion of the property. Rescan Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric,  Ltd. are continuing water quality baseline sampling, soil and botany surveys, project site planning Site planning in landscape architecture and architecture refers to the organizational stage of the landscape design process. It involves the organization of land use zoning, access, circulation, privacy, security, shelter, land drainage, and other factors.  and archaeological investigations on these mineral claims in preparation for the future operational, environment and permitting assessments.

Starfield Resources is committed to strengthening its management, advisors and project development team and raising the profile of awareness in the investment community. As a consequence, it continues professional consultancy or staffing contracts with: SRK SRK Shah Rukh Khan (Indian actor)
SRK Shoryuken (fighting games)
SRK Soave-Redlich-Kwong (thermodynamic model)
SRK Syk-Related Tyrosine Kinase
 Consulting (North America) Inc.,-structural geology-3D ore models; Condor Consulting Inc.,-3D inversion geophysical models; Jamie Lavigne -economic resource ore models; Dr. Al Miller-regional mapping-economic geology; Ron Malashewshi and Denise Burlingame-coordinating Community and Governmental Affairs; Equicom Group-investor relations; Fasken, Martineau, DuMoulin, LLP-solicitors; and Davidson & Company- auditors.

The progress already made in 2006 shows that the company is advancing the project's resource assets and property development. The current work program of $7.6 million as set out in the 2006 43-101 Technical Report and property improvements has been funded from the planned budget which extends, with monies in hand, the future development of the Ferguson Lake project and property into 2007.

About Starfield

Starfield Resources Inc. is an advanced exploration and development company focused on its Ferguson Lake Copper-Nickel-Cobalt-Palladium-Platinum property located in Nunavut, Canada. The Ferguson Lake property covers more than 1.3 million acres and is 100% owned by the Company. Since 1999, Starfield has completed 108,000 metres of diamond drilling in 243 holes. A NI 43-101 technical report dated May 15, 2006 by N.C. Carter PhD., P.Eng. was filed on SEDAR SEDAR System for Electronic Document Analysis and Retrieval
SEDAR Southeast Data, Assessment, and Review
 and on the Starfield website on May 25, 2006. A developing feature of this mineral district is the significant discovery of high grade platinum and palladium mineralization found in the footwall foot·wall  
n. Geology
1. The mass of rock underlying a mineral deposit in a mine.

2. The underlying block of a fault having an inclined fault plane.
 to the massive sulphide deposit. Starfield's Ferguson Lake Project is unfolding as Nunavut's largest ongoing base and precious metal project.

On behalf of the Board of Directors,

"Glen C. Macdonald"

Glen C. Macdonald, P. Geo., Director (Glen Macdonald is the Qualified Person under National Instrument 43-101 responsible for preparing the technical disclosure in this news release)

Caution concerning forward-looking statements

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. The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable securities laws or an exemption from such registration is available.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Aug 10, 2006
Words:1165
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