Starfield Resources Inc. is an advanced exploration and development stage company focused on its 100%-owned Ferguson Lake property in Nunavut, Canada. With claim blocks spanning over 625,000 acres, and resources containing over 44 million tonnes, the Ferguson Lake project is the largest base metal (nickel-copper-cobalt) and PGE (platinum-palladium-rhodium) project in Nunavut.

Starfield has funded the development of a novel, environmentally friendly and highly energy-efficient hydrometallurgical flow sheet to recover metals from its Ferguson Lake massive sulphides. This innovative process will enable the Company to produce high purity metal, key industry reagents and its own electrical power, and to recycle key reagents, all in a cost effective and environmentally friendly manner.

In addition, the Company has commenced an exploration program for diamonds and other minerals on the remainder of its property. In December 2008, the Company announced the discovery of a diamond in a till sample, as well as another nearby sample containing diamond-indicator garnet grains. Previous geophysics identified this and several other areas of the property as highly prospective for diamonds. This significant discovery will be further explored during 2009.

By moving the Ferguson Lake massive nickel-copper-cobalt-platinum-palladium discovery towards development, and uncovering value in additional areas of its large land holding through continued exploration, Starfield is well positioned to take advantage of future metal markets.