SFR: TSX-V
VANCOUVER, Sept. 13 /CNW/ - Starfire Minerals Inc. (SFR:TSX-V) announces
the receipt of a second certificate of assay results for eight drill holes
from the Capri I grid. Analyses were conducted by SGS Lakefield Research
Limited in Lakefield, Ontario an ISO/IEC 17025 laboratory. All samples are
from NQ sized drill core. Assay results from an additional nine drill holes
are pending.
The Company acquired four scintillometers and one spectrometer for the
purpose of on-site determination of the most appropriate drill core sample
intervals to submit for chemical analysis. Both instruments are exploration
tools that can measure gamma ray emissions in counts per second (CPS) and are
used to conduct a precursory evaluation of drill core's radioactivity as it is
extracted. These instruments were found to be somewhat consistent when
measuring radioactivity of bedrock but were found to be inconsistent when
measuring radioactivity of smaller mass drill core samples. Samples returning
5 times the background radioactivity varied in assay results from 86g/t to
1050g/t. A review of the geological logs and assay results suggests additional
core sampling is required. The infill sampling will use both geological units
and radiometric readings (CPS) as sample interval criteria.
The Company will be conducting infill samples for the first 12 holes on
the project and will be assaying the last 9 drill holes during the forthcoming
weeks. The results of the chemical analyses will be disclosed as they become
available to the company.
Results from the drill program completed so far appear to confirm the
previous work done by McCannel (1970) concluding that the pegmatitic bodies
and encompassing diopsidite areoles are both mineralized with uranium. The
widths and grades will be determined following the return of the infill
sampling assays.
Chemical assays have determined the results shown in Table 1 are better
than field sampling had suggested. Therefore upon completion of the remaining
assays the Company will review both the drill spacing and the infill assay
results and prepare a resource calculation. Assay results from all the samples
submitted from eight drill holes are shown in Table 1 with Uranium amounts
expressed in grams per tonne. The drill assays are from Zone 2 (Ramy) and from
Zone 4 (Main). See news release dated September 7 for results of first five
drill holes on the Capri I property.
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Table 1: Assay results from 8 drill holes Capri Property, Quebec
C.P.S.
Times
Interval Interval Interval Back Uranium
Sample No. (m) from (m) to length (m) Ground by XRF(g/t)
RAM-05-05
RAM-05-05-00480 4.8 5.3 0.5 5 86g (0.19lbs)
RAM-05-05-00570 5.7 6.7 1 5 130g (0.29lbs)
RAM-05-05-02310 23.1 23.8 0.7 5 110g (0.24lbs)
RAM-05-05-02405 24.05 25 0.95 5 170g (0.37lbs)
RAM-05-05-03460 34.6 35 0.4 40 2,900g (6.44lbs)
RAM-05-06
RAM-05-06-00570 5.7 6.4 0.7 5 490g (1.08lbs)
RAM-05-06-00675 6.75 7.6 0.85 5 260g (0.57lbs)
RAM-05-06-01540 15.4 16.1 0.7 10 230g (0.51lbs)
RAM-05-07
RAM-05-07-00830 8.3 8.6 0.3 5 120g (0.26lbs)
RAM-05-09
RAM-05-09-01310 13.1 13.5 0.4 8 180g (0.40lbs)
RAM-05-09-01420 14.2 14.5 0.3 5 100g (0.22lbs)
RAM-05-09-01660 16.6 17.15 0.55 10 210g (0.46lbs)
RAM-05-09-01775 17.75 18 0.25 7 170g (0.37lbs)
Z4-05DDH06
Z4-05-06-01665 16.65 17.4 0.75 3 68g (0.15lbs)
Z4-05-06-05080 50.8 51.05 0.25 4 140g (0.31lbs)
Z4-05-06-05160 51.6 52.1 0.5 2 41g (0.09lbs)
Z4-05-06-05840 58.4 58.8 0.4 10 790g (1.74lbs)
Z4-05-06-05880 58.8 59.6 0.8 3 160g (0.35lbs)
Z4-05-06-06000 60 60.5 0.5 5 110g (0.24lbs)
Z4-05-06-06920 69.2 69.4 0.2 3 540g (1.19lbs)
Z4-05-06-07135 71.35 71.91 0.56 5 1,050g (2.31lbs)
Z4-05-06-07191 71.91 72.5 0.59 12 720g (1.58lbs)
Z4-05DDH07
Z4-05-07-06540 65.4 65.65 0.25 40 1,900g (4.18lbs)
Z4-05DDH011
Z4-05-11-01825 18.25 18.5 0.25 10 1,400g (3.08lbs)
Z4-05-11-06860 68.6 68.7 0.1 5 220g (0.48lbs)
Z4-05-11-11300 113.0 113.2 0.2 9 25g (0.06lbs)
Z4-05DDH012
Z4-05-12-03300 33.0 33.3 0.3 Not 730g (1.61lbs)
recorded
Z4-05-12-05070 50.7 51 0.3 Not 1,100g (2.42lbs)
recorded
Z4-05-12-05325 53.25 53.4 0.15 Not 360g (0.79lbs)
recorded
ON BEHALF OF THE BOARD OF DIRECTORS OF STARFIRE MINERALS INC.
"Freeman Smith"
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Freeman Smith, P.Geo., Director
THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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