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Technical report recommends drilling on Starfire's Langmuir South Nickel Project, Ontario, Canada.
TSXV: SFR VANCOUVER, Sept. 19 /CNW/ - Starfire Minerals Inc. (the "Company") has received and fil...
About this update from Sandfire Resources America Inc.
[{"type":"text","content":"\n\n\n\nTSXV: SFR\n\n\nVANCOUVER, Sept. 19 /CNW/ - Starfire Minerals Inc. (the "Company") has\nreceived and filed on SEDAR an updated NI 43-101 compliant report prepared by\nG.A. Harron P.Eng. of G.A. Harron & Associates Inc., of Toronto, Ontario\ncovering the Company's Langmuir South Nickel Project. The report along with\nother information about the Company can be found at www.sedar.com and on\nStarfire's website at www.starfireminerals.ca.\n\n\nThe report will be filed as part of the Company's application for\ncorporate reorganization whereby Starfire Uranium Inc. and Starfire Nickel\nInc. is proposed to be separated from Starfire Minerals Inc. as two new public\ncompanies.\n\n\nThe Company's Langmuir South property lies within Langmuir Township,\nPorcupine Mining Division, Ontario approximately 25 km southeast of Timmins\nand consists of 4 contiguous unpatented mining claims covering approximately\n272 hectares. The Company owns a 100% interest in the claims subject to a 2%\nNSR royalty.\n\n\nThe property is underlain by favourable host rocks consisting of\nkomatiite flows intercalated with tholeiitic basalts of the basal Tisdale\nassemblage. Underlying Deloro assemblage rocks, exposed in the axial regions\nof anticlinal structures, consist of calc-alkaline felsic to intermediate\nvolcanic rocks with discontinuous sulphidic / graphitic iron formation and\nchert. Immediately to the north, the Langmuir No.2 South Zone (historical\nproduction reported as 1,133,750 tonnes averaging 1.45% Ni 1972-78 by the\nMining Corporation of Canada (1964) Limited/Inco Limited Joint Venture)\nplunges southwesterly on to the Starfire property and was intersected by\nStarfire drill holes as indicated in the table below.\n\n\nSummary of Significant Drill Intercepts 2006-2008\n\nHole ID From (m) To (m) Interval (m) Ni (%) Cu (%)\n-------- -------- ------- ------------ ------- --------\nLS-06-08(1) 415.0 417.0 2.00 0.48 0.03\nEL-06-01(1) 214.8 215.0 0.20 3.05 0.16\nEL-06-02(1) 297.5 300.5 3.00 0.21 0.07\nEL-06-03(1) 427.3 431.0 6.65 3.80 0.17\nEL-07-06(2) 202.0 203.5 1.50 3.51 0.07\nEL-08-18(2) 38.0 72.0 34.00 0.24 0.01\n\n(1) South Zone mineralization\n(2) Footwall to South Zone mineralization\n\n\nThe Technical Report concludes that the property warrants further\nexploration and recommends a two-phase program to expand on the down pl...