Starfire Announces 140 Meters Averaging 0.67 Grams Gold per Tonne; Also Intersects 1.98 meters containing 6.49 Grams Gold per Tonne
Thu Oct 2, 8:28 PMTrading 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=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 = 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
ContactsStarfire Minerals Inc. 520 - 355 Burrard Street
Vancouver
B.C.
V6C 2G8
Telephone: (604) 669-5642
Facsimile: (604) 687-6714
