VANCOUVER, July 7 /CNW/ - Starfire Minerals is pleased to announce that
it has engaged On Track Exploration Ltd. to manage its 2008 diamond drill
program at the Company's Porphyry Pearl copper-gold porphyry property in the
Toodoggone District, British Columbia. DMAC Drilling Ltd. of Langley, BC has
been awarded the 4,300-meter drill contract. Mobilization of equipment and
personnel is underway, and the program will commence in early July.
The 2008 drill campaign will expand on the intersections in holes
PP-07-05 and PP-07-06 announced in the Company's news release of November 26,
2007. Hole PP-07-06 will be re-entered and completed as it was prematurely
terminated by the onset of winter conditions on September 29, 2007. As
reported in the release, hole PP-06-07 averages 0.383 grams of gold per tonne
over its entire core length, including 31 meters from 123 to 154 meters
averaging 1.039 grams of gold per tonne. The hole bottomed in mineralized
material (0.281 grams gold per tonne) at 166.12 meters. The deepening of hole
PP-07-06 will be followed by step-out holes.
The Company has also completed a diamond drill program on its Langmuir
South nickel property near Timmins, Ontario. The program was a follow-up to
horizontal loop electromagnetic and magnetic surveys that completed coverage
of the property. The purpose was to determine if there are shallow targets
that should be tested before resuming step-out on the down-plunge extension of
the Langmuir South zone that is indicated by the intersection of 3.66% Ni over
core length of 6.65 meters in hole EL06-03. Between September 2007 and
June 2008, the Company completed 1,193 meters of drilling in 12 shallow holes
to test the EM and magnetic targets resulting from the survey. While no
"ore-grade" intervals were drilled, a significant anomalous intersection in
hole EL-08-18 of 0.24% Ni over a core length of 34 meters in komatiites near
the intersection of 3.51% Ni over core length of 1.5 meters in hole EL-07-06
suggests that a second zone lies to the north of the South Zone. Further
compilation of the results of the program in the context of historic drilling
is in progress to design an appropriate drill program to effectively test this
target in addition to the down-plunge extension of the South zone.
Starfire's Qualified Person as that term is defined in National
Instrument 43-101 is Philip J. Rush, P.Geo. who prepared this release.
ON BEHALF OF THE BOARD OF DIRECTORS OF
STARFIRE MINERALS INC.
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.
For further information:
For further information: Starfire Minerals Inc., 520-355 Burrard Street,
Vancouver, B.C., V6C 2G8, Telephone: (604) 669-5642, Facsimile: (604)