Starfire options its Lordeau Uranium Property to Santos Resources Corp.

TSXV: SFR

VANCOUVER, May 29 /CNW/ - Starfire Minerals Inc. (the "Company") announces that it has entered into a mineral property option agreement with Santos Resources Corp. ("Santos"), a private company with a director in common with the Company, granting an option to Santos to acquire a seventy-five percent interest in the Company's property commonly referred to as the Lordeau property. The Lordeau property is one of the Company's seven uranium prospects and comprises 18 staked claims consisting of 919 hectares in Opinaca area of Northern Quebec.

In order to acquire its interest in the Lordeau property, Santos is required to pay $10,000 cash, issue 75,000 shares of Santos and incur fifty thousand ($50,000) dollars of work expenditures on the property, $25,000 by September 30, 2008 and a further $25,000 by July 25, 2009 to exercise the option. Both parties have agreed that upon Santos exercising its option and acquiring its 75% interest in the Lordeau property, they will then enter into a further agreement whereby exploratory work is to be funded based upon the pro-rata ownership of each party.

Previous work on the property consisted of the drilling of 84 shallow holes totalling 1,611 meters. This work was prior to the implementation of National Policy 43-101 and as such cannot be relied upon.

ON BEHALF OF THE BOARD OF DIRECTORS OF

STARFIRE MINERALS INC.

"Dan Mosher"

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Dan Mosher

President/CEO

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Contacts

Starfire Minerals Inc.
520-355 Burrard Street
Vancouver
BC
V6C 2G8
Telephone: (604) 669-5642
Facsimile: (604) 687-6714