To: CIMA who wrote (481) | 2/2/2002 12:13:52 PM | From: Bruce Robbins | | | There is no spot price for graphite, like many industrial minerals. It does not trade like gold or silver on a market like the COMEX. Graphite is mined and sold as various products with different properties. The "price" is set by the producers and consumers. |
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To: Gord Bolton who wrote (482) | 2/2/2002 3:27:30 PM | From: CIMA | | | I didn't think Donner had ever produced anything but admittedly I haven't followed it for two or three years now. Thanks for the links. I've heard that hi-quality, large flake graphite is fetching $850 USD per tonne. Demand is supposedly increasing and it is a necessary part of the fuel cell technology that is coming. Haven't found many sources of info for the stuff. It does seem to be an up and coming commodity though. China will supposedly be consuming all of it's own production in the next couple of years or so. Just hunting around for companies that produce the stuff and trying to understand their markets. |
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To: CIMA who wrote (485) | 2/2/2002 4:27:14 PM | From: Gord Bolton | | | DDH 84 This hole was drilled to test an electrical anomaly and a gold anomaly detected by soil geochemistry. The cause of the electrical anomaly was a fault zone found to be rich in graphite. Within 20 m of the fault, a horizon was intersected consisting of graphitic argillite flooded with quartz veins, and mineralized with pyrite (5-10%) and chalcopyrite. The best assay results came from a 2.40-m-thick vein between 189.50 and 191.90 m along the drill core interval. From 185.50 to 193.00 m the drill core interval averaged 517 PPB GOLD OVER 7.50M, INCLUDING A SUB-INTERVAL THAT ASSAYED 911 PPB GOLD OVER 1.90 M.
newswire.ca
- RLG-D14, located 400 metres south of RLG-D9, intersected a basement conductor within an altered pelitic gneiss. The hole encountered a 40 metre wide graphitic zone, including several zones of massive graphite, 80 metres below the unconformity starting at a depth of 803 metres. Previous downhole EM work on RLG-D9 indicated that another more conductive zone might exist to the south - further analysis of the ground survey data proved that interpretation to be correct. The NE strike of the conductor appears to lead to an area where RLG-D8 intersected a graphitic conductor in 1999. An off-set in the basement rocks of approximately 160 metres exists between the two graphitic zones. Future exploration will attempt to locate the offset which could be the focus of a hydrothermal event
newswire.ca
Holes NK00-3, 4, 5 and 6 did not intersect mineralization. The targeted geophysical anomalies are attributed to graphite or are unexplained.
newswire.ca
Lots of companies have located graphite accidently. Their response is typically, NEXT. |
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To: Gord Bolton who wrote (486) | 2/6/2002 3:55:22 PM | From: CIMA | | | Starfield Retains Corporate Finance Advisor
VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 6, 2002-- Starfield is pleased to announce that the Company has retained Warrior, a division of Standard Bank of London as corporate finance advisor. Warrior provides corporate finance and strategic advice exclusively to the mining, metals and minerals industries and will provide these services to Starfield for the Ferguson Lake project. Starfield's exploration work to date has identified a resource exceeding 60 million tonnes at the 100% owned Ferguson Lake property as summarized below: -0- *T --------------------------------------------------------------- Tonnes Cutoff (mill- Copper Nickel Pd Pt Grade ions) (%) (%) (g/t) (g/t) --------------------------------------------------------------- 1.0% Cu+Ni 60.1 0.93 0.59 1.32 0.19 --------------------------------------------------------------- 1.5% Cu+Ni 30.6 1.17 0.77 1.69 0.25 --------------------------------------------------------------- 2.0% Cu+Ni 12.7 1.39 0.85 1.92 0.28 --------------------------------------------------------------- *T Additionally, on December 28, 2001 the Company announced discovery of a discreet new horizon assaying 103 g/t (3.29 oz/t) Palladium, 26.7 g/t (0.85 oz/t) Platinum and 2.74 g/t (0.09 oz/t) Rhodium. Starfield is currently awaiting startup of the 2002 drill program. On behalf of the Board of Directors "Glen Macdonald" Glen Macdonald, P.Geol., Director The CDNX neither approves nor disapproves of the information contained herein. Corporate Office: Suite 420-625 Howe Street Vancouver, BC CANADA V6C 2T6 Tel: (604) 608-0400 Fax: (604) 608-0344 Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com --30--rr/cgo* CONTACT: Starfield Glen Macdonald, 604/608-0400 |
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To: Bruce Robbins who wrote (484) | 2/26/2002 2:38:46 PM | From: CIMA | | | Starfield Resources Inc. - 2002 Exploration Program Commences (enews) Ferguson Lake Nickel-Copper-Cobalt-Platinum-Palladium Project, Nunavut, Canada #SRU-02-02 SRU.CDNX SRFDF - OTC BB
Starfield Resources Inc. has commenced mobilization for the 2002 exploration drilling program at the Ferguson Lake project, with drill crews to arrive during the first week of March. Since acquiring a 100% interest in the Ferguson Lake property in 1999, Starfield has expended over $14,000,000 on exploration including geophysical surveys, geological mapping and over 43,000 meters of diamond drilling. Together with some 30,000 meters of drilling done by Inco during the 1950's, a massive sulphide resource of 60.1 million tonnes is currently defined with only 25% of the known target explored.
The 2002 drilling program is designed as a three-phase project. Initial drilling has been planned to expand a high grade zone (0.35 meters grading 103 g/t Pd (3.29 oz/t), 26.7 g/t Pt (0.85 oz/t) and 2.74 g/t Rh (0.09 oz/t)) discovered in the last and furthest west hole, FL01-101, completed in 2001 on Section 6800 West. The new Platinum-Palladium-Rhodium mineralization is located in a discrete sulphide-poor horizon apparently parallel to the main massive sulphide system and possibly located near a mineralizing source area.
Drilling is also planned during this first phase of exploration to test deep targets recently indicated by new geophysical survey interpretation methods ("inverse magnetic method") to occur at depth below the known massive sulphide system. Inverse magnetic modelling has defined a strong anomaly in the area of Section 5720 where Hole FL00-67 will be extended an additional 500+ meters, the objective being to test for the lower limb or hinge of this folded system.
The 2002 exploration program is also designed to outline and define higher grade bodies of Copper-Nickel-Palladium-Platinum partially located within the already defined 60.1 million tonne massive sulphide resource; and to further expand the base resource by tracing the West Zone mineralization, identified by the strongest known UTEM and magnetic geophysical signals on the property, for an additional 2 kilometers to Section 8800 West from Section 6800 West to 8800 West. On behalf of the Board of Directors
"Glen Macdonald"
Glen Macdonald, Director
Corporate Office: Suite 420-625 Howe Street Vancouver, BC CANADA V6C 2T6 Tel: (604) 608-0400 Fax: (604) 608-0344 Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com |
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