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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To: Ptaskmaster who started this subject | 3/11/2002 2:39:23 PM | From: ali | | | Evidence Suggests That The Magmatic Hydrothermal System At Flag Resources (1985) Limited's Cobalt Hill, Mackelcan Township, (Wanapitei Anomaly), Is Comparable To The Late-Magmatic Hydrothermal System Of The Sudbury Igneous Complex.
CALGARY, March 11 /CNW/ - Cobalt Hill Dr. Eva Shandl, Geological Consultant, Research Associate, Department of Geology, University of Toronto, has reported to Flag Resources that:
1. Detailed fluid inclusion study demonstrated that salinity and temperature of hydrothermal fluids, which crystallized the quartz veins and pyrite at Cobalt Hill, were comparable to the late-magmatic hydrothermal fluids of the Sudbury Igneous Complex. Just as in Sudbury, fluid inclusions in quartz at Cobalt Hill contains halite daughter minerals and the calculated salinity of fluid in the fluid inclusions is 32 - 40 eg wt % NaCl. 2. Hypersaline brines that formed the halite crystals in fluid inclusions in the Cobalt Hill quartz also mobilized Ni (nickel) rich sulfides and gold from depth, including them in pyrite within the quartz veins. The Ni-sulfide inclusions in pyrite are small, but ubiquitous, and represent a wide variety of nickel-bearing sulfides; pentlandite, bravoite, gersdorfitte as well as pyrrhotite, chalcopyrite, coloradoite (Hg-telluride) and gold. All of the above Ni-sulfides and gold are present in the Sudbury ores.
Thus, says Dr. Shandl, fluid inclusion, systematics and detailed mineralogy at Cobalt Hill suggests there is overwhelming evidence in support of a magmatic-hydrothermal system at some depth comparable to the late-magmatic hydrothermal system of the Sudbury Igneous Complex. On basis of the present fluid inclusion and earlier mineralogical study, Dr. Schandl considers Cobalt Hill to have an excellent potential for Sudbury type mineralization. Cobalt Hills, is 2 miles south of the western magnetic peak of the Wanapitei anomaly.
Exploratory Licence of Occupation Flag's Exploratory Licence of Occupation (E.L.O.), an area of 780 hectares (1750 Acres), in Rathbun and Aylmer Township is located on the northeast flank of the Sudbury Igneous Complex, 20 miles north of Sudbury. In a report prepared for Flag, Dr. Peter Giblin, Consulting Geologist, Sudbury, Ontario, noted that the E.L.O. covers two gold occurrences, known from the 1890's as the Bennett and Aylmer occurrences. The Bennett occurrence was little explored by modern techniques until drilled by Flag in 1998. The nearby Aylmer occurrence has yet to be explored by modern techniques. Recent prospecting has found three sulfide occurrences, a copper occurrence, a pyrite breccia and a gold-bearing gossan zone in other unexplored portions of the E.L.O. These occurrences have not received any exploration. Dr. Giblin concludes that the Aylmer occurrence, untested portions of the Bennett occurrence and the interval between them merit further exploration, and investigations of the copper occurrence, pyrite breccia and gossan zone should be carried out, at an estimated cost of $114,800.
Rathbun Lake Occurrence The Occurrence is a mined out surface lens of copper, nickel, gold, silver, platinum and palladium bearing massive sulfides, located on the southeast shore of Rathbun Lake, Rathbun Township. In Ontario Geological Survey Report 213, 1982, Dr Burkhard Dressler, after studying the Occurrence, suggested that it may have been part of a bigger sulfide body, separating from it during the intrusion of gabbro into the Gowganda sedimentary rocks or dislocated from it by faulting after the intrusion. To explore the suggested source of the Occurrence, Flag is asking its Advisory Committee to consider drilling a deep exploratory drill hole between 100 to 200 feet due west of the shaft of the mined out Occurrence, as there has been no exploratory drilling below 500 feet, up to 300 feet west of the shaft. A selected grab sample of the massive sulfides by Dr. Dressler, O.G.S. Report 213, 1982, yielded.
10.2% copper, 0.14% nickel, 2.22 oz silver, 0.02 oz gold, 0.056 oz platinum and 34.6 oz palladium per ton
Wolf Lake-Gold Copper Deposit Prior to preparing a report on estimated tonnage and grade on the Wolf Lake Gold-Copper Deposits, Mackelcan Township, Flag is drilling additional fill-in drill holes. Wolf Lake 02-06, located 50 feet east of WL81-8, was drilled to a depth of 500 feet, at 60 degrees east, with 105 feet of the drill core being assayed for gold and copper. Depending on assay results, the drill hole may be deepened to 1000 feet. |
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To: Natasha_Kidd who wrote (490) | 4/22/2002 10:28:13 AM | From: ali | | | Hi Natasha_Kidd, with FL announcing their drill results and flag being in the proximity with their ELO holding, I would think there should be some interest.The bigger play however may be the Cobalt Hill when it gets underway. With the gold price going higher Wolf Lake and Jess Lake where they have already substantial results may get more attention again I think.Also drilling at the eastside of Rathbun Lake may resume this week yet. |
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To: Thomas Kundrat who wrote (477) | 4/24/2002 6:51:24 PM | From: CIMA | | | Starfield Resources Inc. - Confirmation Assays Increase Platinum And Rhodium Up To 30% - Hole FL02-101W-1 Extends Biotite Alteration Zone (enews)
Starfield Resources has recently received confirmation assays for a high-grade palladium-platinum-rhodium intersection (reported October 3, 2001) in drill hole FL01-101. This higher-grade platinum group (PGE) interval located several meters above the main West Zone nickel-copper-palladium-platinum bearing massive sulphides is hosted by a distinct, fine-grained biotite-rich horizon containing no sulphide mineralization. Petrographic (laboratory) studies have identified the PGE host minerals to be kotulskite (a palladium-tellurium-bismuth mineral) and sperrylite (a platinum-arsenide mineral). Kotulskite and moncheite have also been identified as the principal host minerals for PGE enrichment within the main Ferguson Lake massive sulphide system. Assay results for the PGE horizon are summarized in the accompanying table.
Original Assay Results ----------------------------------------------------------------- Sample Interval Length Pt Pd Rh No. (meters) (meters) (g/t) (g/t) (g/t) METHOD ----------------------------------------------------------------- 467188 962.28-962.63 0.35 26.71 103.00 2.74 Fire (original) assay - silver inquart Check 35.03 105.64 N/A (original) -----------------------------------------------------------------
Confirmation Assay Results ----------------------------------------------------------------- Re-assay No. 1 34.51 104.64 3.68 Fire assay - gold inquart ----------------------------------------------------------------- Re-assay No. 2 29.58 101.20 3.53 Fire assay - gold inquart ----------------------------------------------------------------- Re-assay No. 3 31.63 101.04 3.61 Fire assay - gold inquart ----------------------------------------------------------------- Re-assay No. 4 32.09 101.30 3.22 Fire assay - gold inquart ----------------------------------------------------------------- RE-ASSAY AVERAGE 31.95 102.05 3.51 Fire assay - gold inquart =================================================================
These results, verifying the PGE content of the no-sulphide horizon, are part of a comprehensive assessment of analytical procedures on behalf of Starfield by S. Bruce Ballantyne, consulting geochemist. Further analysis of the overall PGE content, utilizing a second ISO 9002 accredited laboratory, is ongoing by Bruce Ballantyne in consultation with Dr. N.C. Carter, P.Eng., the Company's independent consulting engineer.
Investigation to determine the orientation of the high grade PGM zone is the focus of the current drilling program which got underway in late March. Hole FL01-101 was re-entered and a wedge was set at a depth of 754 meters or 208 meters uphole from the zone of interest.
This first wedge hole (FL02-101W-1) was recently completed to a depth of more than 1,020 meters and intersected two zones of biotite alteration within the host gabbro unit. The first of these 0.70 meters from 957.55 and 958.35 meters consists of 1 mm to 5 cm stringers and 5 to 10 cm clots of relatively coarse-grained, black biotite alteration within gabbro intercepted 3.7 meters above a 1 meter interval of massive and stringer sulphides. The second distinctive alteration zone is developed over a core length of 0.60 meters from 971.00 and 971.60 meters and is bracketed by massive and stringer sulphides. It includes several 0.5 to 2 cm wide stringers of fine-grained brown biotite which cut the gabbro at high angles to the core surface. These intercepts are similar in appearance to the original biotite-PGM zone located in hole FL01-101. Down-hole directional surveys indicate that the biotite alteration zones intersected in this first wedge cut are located between 10 and 12 meters east of the high grade biotite PGM zone intersected FL01-101.
A second wedge hole, designed to test the biotite-rich zone west of the original hole, is currently underway. Selected intervals from hole FL02-101W-1 have been sampled and assay results will be published when received by the Company.
On behalf of the Board of Directors "Glen Macdonald" Glen Macdonald, P.Geol., Director
Contact: Glen Indra Tel: (604) 608-0400 Fax: (604) 608-0344 Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com |
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