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Starfield Resources Inc

Publié le 10 juillet 2009

Reports Results for the First Quarter ended May 31, 2009

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Mots clés associés :   Canada | Cobalt | Copper | Nickel | Palladium |

Starfield Reports Results for the First Quarter ended May 31, 2009

    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE U.S./

TORONTO, July 9, 2009 /CNW/ - Starfield Resources Inc. (TSX: SRU / OTCBB: SRFDF) today announced that its financial results for the first quarter ended May 31, 2009 have been filed on SEDAR.

For the three month period ended May 31, 2009, Starfield incurred costs for exploration and related equipment totaling $1.9 million. The exploration expenditures were directed toward the continued advancement of the Company's Ferguson Lake project in Nunavut, including its grassroots diamond and gold exploration programs on the surrounding area. Administrative expenditures amounted to $0.5 million for the three months ended May 31, 2009.

At May 31, 2009, the Company had approximately $2.2 million of cash on hand.

As previously stated in the press release dated June 24, 2009, Starfield has entered into a definitive agreement with Nevoro Inc. (www.nevoro.com) pursuant to which Starfield will acquire all of the issued and outstanding securities of Nevoro Inc. Starfield and Nevoro Inc. have begun the preparation of the information circular, for Nevoro Inc. shareholders, relating to Starfield's offer to purchase the common shares of Nevoro Inc.

The quarterly unaudited financial statements, management's discussion and analysis and additional information are available on the Company's website and on SEDAR.

About Starfield

Starfield Resources Inc. is an advanced exploration and development stage company focused on its Ferguson Lake nickel-copper-cobalt-platinum-palladium property in Nunavut, Canada. The property is emerging as Nunavut's largest base and precious metal project. Starfield has funded the development of a novel, environmentally-friendly and energy-efficient hydrometallurgical flow sheet to recover metals from its Ferguson Lake massive sulphides. The Company has also embarked on a diamond exploration program on its property, and recently discovered a diamond.

Forward Looking Statements

This news release may contain certain information that constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices and other factors described above and in the Company's most recent annual information form under the heading "Risk Factors" which has been filed electronically by means of the Canadian Securities Administrators' website located at www.sedar.com. The Company disclaims any obligation to update or revise any forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

    Starfield Resources Inc. investors may also participate in the Company's
    online community at http://www.agoracom.com/ir/Starfield.
    
                                www.starfieldres.com

%SEDAR: 00009374E %CIK: 0001074795 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

. <
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Starfield Resources Inc

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CODE : SRU.TO
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Starfield Res. est une société d’exploration minière de cobalt et de cuivre basée au Canada.

Starfield Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont FERGUSON LAKE, DOME HILL, MOONLIGHT PROPERTY, BLUSTRY MOUNTAIN, FERGUSON (STAR/WYN) et STILLWATER au Canada.

Starfield Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 3,6 millions CA$ (3,5 millions US$, 2,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,93 CA$, et son plus bas niveau récent le 07 mars 2013 à 0,01 CA$.

Starfield Res. possède 718 801 000 actions en circulation.

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Financements de Starfield Resources Inc
26/02/2009Announces $2.3 Million Private Placement Offering
06/05/2008Announces Closing of $20 Million Private Placement Offering
11/04/2008 announces $20 million private placement offering
Nominations de Starfield Resources Inc
10/04/2008Appoints Vice President of Exploration
Rapports Financiers de Starfield Resources Inc
11/01/2013Reports Results For Third Quarter Ended November 30, 2012
10/07/2009Reports Results for the First Quarter ended May 31, 2009
09/01/2009Reports Results for Third Quarter ended November 30, 2008
25/04/2008Reports Results for Fourth Quarter and Fiscal 2008
14/01/2008 Reports Results for Third Quarter Of Fiscal 2008
Projets de Starfield Resources Inc
05/10/2009(Ferguson Lake)Announces Joint Venture Agreement For Diamond Exploration An...
02/03/2009(Ferguson Lake)Announces Final Core Assay Results From 2008 Exploration Pro...
10/11/2008(Ferguson (star/wyn))Provides Drilling Update and Additional Core Assay Results
19/09/2008(Ferguson Lake)Announces Further Core Assay Results From 2008 Drilling Prog...
27/08/2008(Ferguson Lake)Announces First Core Assay Results From 2008 Exploration Pro...
01/05/2008Files Complete Scoping Study to SEDAR
20/03/2008 Scoping Study Confirms Economic Potential at Ferguson Lake ...
25/02/2008(Ferguson Lake)Announces Full 2007 PGE Drill Results From Ferguson Lake
Communiqués de Presse de Starfield Resources Inc
29/01/2013. announces TSX delisting review
07/04/2010Plans Detailed Airborne Survey of Moonlight Copper Project
10/09/2009Announces Results Of Airborne Geophysical Survey And Update ...
24/06/2009To Acquire Nevoro Inc.
10/12/2008Discovers Diamond At Ferguson Lake
04/09/2008Announces Successful Test Results From Hydrometallurgical Pr...
14/08/2008Announces Remainder of Core Assay Results From 2007 Explorat...
20/03/2008President & CEO André J. Douchane To Appear on BNN TV
14/03/2008Announces Rhodium Assay Results
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