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Starfield Resources Inc

Published : January 14th, 2008

Reports Results for Third Quarter Of Fiscal 2008

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Keywords :   Canada | Cobalt |

Attention Business/Financial Editors:

Starfield Reports Results for Third Quarter Of Fiscal 2008

     /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
     THE U.S./
     TORONTO, Jan. 11 /CNW/ - Starfield Resources Inc. (TSX: SRU / OTCBB:
SRFDF) today announced financial results for the third quarter of its 2008
fiscal year were filed on SEDAR.
     For the three months ended November 30, 2007, Starfield incurred costs of
exploration and exploration equipment totaling $5.2 million, and $10.8 million
for the nine months ended November 30, 2007. Excluding the cost of settlement
and termination of previously signed investor relations contracts,
administrative outlays amounted to $0.7 million for the quarter and
$2.6�million for the nine months ended November 30, 2007.
     The increase in exploration costs was primarily a result of a 19 hole
fall drilling program at the Ferguson Lake property. During December 2007 the
company received and press released assay lab results from the first five
holes. The company expects to receive all the remaining drill-hole assays over
the next few weeks and, depending on timely receipt of assays, to provide full
details in early February.
     The Company had cash reserves of $13.6 million and working capital of
$13.2 million at quarter end, compared to $506,000 and negative $1.9 million
in fiscal 2007 respectively.
     More information, the interim financial statements and management's
discussion and analysis for the third quarter are available on the Company's
website and on SEDAR.
     About Starfield
     Starfield Resources Inc. is an advanced exploration and emerging early
stage development company focused on its Ferguson Lake
Nickel-Copper-Platinum-palladium-Cobalt property in Nunavut, Canada. The
property is emerging as Nunavut's largest ongoing base and precious metal
project. Starfield has developed a novel, environmentally friendly and
energy-efficient hydrometallurgical flowsheet to recover metals from its
Ferguson Lake massive sulphides.
     www.starfieldres.com
     %SEDAR: 00009374E
For further information: Connie Anderson, Investor Relations, Starfield
Resources Inc., (416) 860-0400 ext. 228, canderson@starfieldres.com; Andr�
J. Douchane, President and CEO, Starfield Resources Inc., (416) 860-0400 ext.
222, adouchane@starfieldres.com; Greg Van Staveren, Chief Financial
Officer, Starfield Resources Inc., (416) 860-0400,
gvanstaveren@starfieldres.com

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Starfield Resources Inc

EXPLORATION STAGE
CODE : SRU.TO
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Starfield Res. is a cobalt and copper exploration company based in Canada.

Starfield Res. holds various exploration projects in Canada.

Its main exploration properties are FERGUSON LAKE, DOME HILL, MOONLIGHT PROPERTY, BLUSTRY MOUNTAIN, FERGUSON (STAR/WYN) and STILLWATER in Canada.

Starfield Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 3.6 millions as of today (US$ 3.5 millions, € 2.7 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.93, and its lowest recent point on March 07, 2013 at CA$ 0.01.

Starfield Res. has 718 801 000 shares outstanding.

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Financings of Starfield Resources Inc
2/26/2009Announces $2.3 Million Private Placement Offering
5/6/2008Announces Closing of $20 Million Private Placement Offering
4/11/2008 announces $20 million private placement offering
Nominations of Starfield Resources Inc
4/10/2008Appoints Vice President of Exploration
Financials of Starfield Resources Inc
1/11/2013Reports Results For Third Quarter Ended November 30, 2012
7/10/2009Reports Results for the First Quarter ended May 31, 2009
1/9/2009Reports Results for Third Quarter ended November 30, 2008
4/25/2008Reports Results for Fourth Quarter and Fiscal 2008
1/14/2008 Reports Results for Third Quarter Of Fiscal 2008
Project news of Starfield Resources Inc
10/5/2009(Ferguson Lake)Announces Joint Venture Agreement For Diamond Exploration An...
3/2/2009(Ferguson Lake)Announces Final Core Assay Results From 2008 Exploration Pro...
11/10/2008(Ferguson (star/wyn))Provides Drilling Update and Additional Core Assay Results
9/19/2008(Ferguson Lake)Announces Further Core Assay Results From 2008 Drilling Prog...
8/27/2008(Ferguson Lake)Announces First Core Assay Results From 2008 Exploration Pro...
5/1/2008Files Complete Scoping Study to SEDAR
3/20/2008 Scoping Study Confirms Economic Potential at Ferguson Lake ...
2/25/2008(Ferguson Lake)Announces Full 2007 PGE Drill Results From Ferguson Lake
Corporate news of Starfield Resources Inc
1/29/2013. announces TSX delisting review
4/7/2010Plans Detailed Airborne Survey of Moonlight Copper Project
9/10/2009Announces Results Of Airborne Geophysical Survey And Update ...
6/24/2009To Acquire Nevoro Inc.
12/10/2008Discovers Diamond At Ferguson Lake
9/4/2008Announces Successful Test Results From Hydrometallurgical Pr...
8/14/2008Announces Remainder of Core Assay Results From 2007 Explorat...
3/20/2008President & CEO André J. Douchane To Appear on BNN TV
3/14/2008Announces Rhodium Assay Results
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TORONTO (SRU.TO)FRANKFURT (RE5.F)
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