VANCOUVER, April 18 /CNW/ - Starfire Minerals Inc. is pleased to announce
it has received a favorable report dated April 5, 2007 "Geophysical Report on
the Radiometric and Magnetic Survey on the Stobie Lake Uranium Property in the
Sudbury Mining Division, Ontario." The report was prepared by David Mark,
P.Geo. of Geotronics Consulting Inc., and the data from the survey was
collected under his direction.
This survey was completed during March, 2007 to follow up the results
from an airborne magnetic, radiometric, and VLF-EM survey flown by Terraquest
in late October - early November, 2006 that covered the entire property.
Surface radiometric and magnetic surveys were carried out during the
March of 2007 within a western portion of the Stobie Lake Uranium Property
located 57 km north-northeast of the city of Sudbury, Ontario, within Grigg
and Stobie townships. The purpose of the radiometric survey was to confirm and
refine the airborne radiometric anomalies. The purpose of the magnetic survey
was to aid in the geological interpretation of the property.
The survey was based on cut lines at 100-meter intervals and stations
were read at 12.5-meter intervals. The radiometric survey was carried out with
an EDA differential spectrometer taking total count readings as well as
potassium, uranium and thorium readings over highly anomalous areas. The
magnetic survey was carried out with two Gem Systems, GSM-19 proton precession
magnetometers, one being used for monitoring diurnal variation.
The ground survey clearly identified four radiometric targets within the
previously-identified airborne anomaly for further exploration. The main
radiometric anomaly ("A") strikes north-northeasterly for a distance of
450 meters and is about 200 meters wide. Radiometric anomaly "B" occurs within
the northwestern corner of the survey and is part of a much longer airborne
anomaly that is 900 meters long. Radiometric anomaly "C", 200 meters by
150 meters, occurs in the southeast corner of the survey. Radiometric anomaly
"D" occurs 150 meters to the north of anomaly C. and is about 250 meters long
by 175 meters wide.
A program of mapping and prospecting is planned to assess the
significance of the anomalies. In-fill and expanded grid-cutting and
radiometric surveying, trenching and diamond drilling will follow as
Starfire is extremely pleased that the ground radiometric survey has
validated the airborne survey and led to specific targets on this portion of
the property. Detailed planning for the late-spring field program will
Work also continues or is scheduled for several of Starfire's other
properties including: the Langmuir nickel property in Timmins, Ontario, the
Cross-Structure and Capri Uranium properties in Quebec, and the Prophryr
Copper/Gold project in British Columbia.
Starfire Minerals Inc is a professionally managed exploration company;
which has three wholly owned subsidiaries: Starfire Uranium Inc., Starfire
Nickel Inc., and Starfire Precious Metals Inc. Each division is focused on
exploration with its respective properties for uranium and nickel in the
Canadian provinces of Quebec and Ontario and on precious and base metals in
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)