Sandfire Resources America Inc.TSXV: SFR

Starfire Announces 140 Meters Averaging 0.67 Grams Gold per Tonne; Also Intersects 1.98 meters containing 6.49 Grams Gold per Tonne

· Issued by Sandfire Resources America Inc. via CNW

Trading Symbol: SFR: TSX-Venture

VANCOUVER, Oct. 2 /CNW/ - Starfire Minerals Inc. ("the Company") is pleased to announce analytical results from the completion of hole PP-08-07 at its Porphyry Pearl copper-gold project in the Toodoggone District, Northern British Columbia as tabulated below.

                                    Au                     eq Au
          From       To   Meters   (g/t)    Cu %    Zn %   (g/t)  Remarks
          0.00    18.29    18.29                                  over-
                                                                   burden
                                                                   - not
                                                                    samp-
                                                                    led
         18.29    89.31    71.02   0.064   0.007   0.032   0.105
         89.31    99.97    10.66   0.617   0.058   0.053   0.764
         99.97   124.36    24.39   0.135   0.019   0.094   0.253
        124.36   264.72   140.36   0.669   0.066   0.233   0.995
        264.72   294.44    29.72   0.119   0.011   0.074   0.206
        294.44   306.32    11.88   0.767   0.061   0.112   0.975
        306.32   328.12    21.80   0.078   0.003   0.042   0.121
        328.12   341.99    13.87   0.490   0.046   0.567   1.087
        341.99   381.61    39.62   0.177   0.017   0.062   0.263
        381.61   395.48    13.87   1.078   0.012   0.130   1.217
in-
 cludes 381.61   383.59     1.98   6.008   0.031   0.470   6.491
        395.48   429.16    33.68   0.082   0.002   0.024   0.108

(1) 1 g/t(equal sign)grams per tonne.
(2) Equivalent copper and gold calculations use metal prices of US$1.50
    for copper (Cu), $US 0.80 for zinc (Zn) and US$600/oz for gold (Au).
    Metallurgical recoveries and net smelter returns for all metals are
    assumed to be 100%. Equivalent gold (equal sign) Au g/t +
    (Cu% x 33.07/19.29) + (Zn% x 17.64/19.29).

Quality Control

The NQ-2 core is logged, split with a core splitter, and sampled on site. The maximum core length constituting a sample is 2 meters. One half of the core is returned to the core box for reference. The samples are forwarded to Acme Analytical Laboratories Ltd.'s facility in Smithers BC for preparation and on to Acme's facility in Vancouver BC for analyses. Copper and zinc are determined by ICP-ES on a 1-gram subsample as part of Acme's Group 7 AR package. Gold is determined by fire assay preparation with an ICP-ES finish using Acme's Group 3B procedure on a 30-gram subsample. "Overlimits" for gold ((greater than)10 g/t) are reanalyzed by a conventional 30-gram fire assay. Acme reports results of its standards and re-analyses of samples. In addition, the Company inserted its own set of commercial standards and blanks within the sample sequence. All Quality Control results were found to be within an acceptable range.

Additional Drilling

The 2008 field program has been completed and the drill demobilized. Below are the coordinates of all holes completed during the 2008 season, along with the status of the analytical results.

              East    North     Azi-  Incli-   Length
Hole         (UTM)    (UTM)     muth  nation  (Meters)     Results

PP-07-06    607,393  6,370,459   240   -60      448  (281 meters in 2008)
                                                      See Aug 11/08
                                                      News Release
PP-08-07    607,393  6,370,459   220   -60      429  This release
PP-08-08    607,393  6,370,459   265   -55      450  Awaiting analyses
PP-08-09    607,246  6,370,564   210   -66      361  Awaiting analyses
PP-08-10    607,246  6,370,564   240   -64      350  Awaiting analyses
PP-08-11    607,246  6,370,564   210   -55      259  Awaiting analyses

Starfire's Qualified Person as that term is defined in National Instrument
43-10 1 is Philip J. Rush, P.Geo., who prepared this release.

ON BEHALF OF THE BOARD OF DIRECTORS OF

STARFIRE MINERALS INC.

"Dan Mosher"

-----------------------
Dan Mosher
President/CEO