Ferguson Lake Overview
- 100%-owned project property spanning over 625,000 acres in Nunavut, Canada
- Largest base metal and PGE project in Nunavut
- NI-43-101 qualified 44.2 million Copper-Nickel-Cobalt resource in Ferguson Lake Project, with potential to dramatically increase in size
- Complete scoping study report filed to SEDAR on May 1, 2008
- Diamond discovered in till sample in December 2008
Starfield Resources holds 263 claims totaling 625,754 acres (253,233 hectares), located 246 km west-southwest of Rankin Inlet in the Kivalliq Region of Nunavut Territory.
The property lies within the Hearne Domain in the northwestern part of the Churchill Province. It is situated between the regional scale Snowbird Tectonic Zone and the Tyrell Shear Zone, and is underlain by the northern most extension of the Yathkyed greenstone belt, which consists of strongly foliated and lineated to locally gneissic Archean supracrustal and intrusive rocks that have undergone upper amphibolite grade metamorphism.
Although these supracrustal rocks consist of mafic bedded tuffs, mafic flows, minor felsic and sedimentary horizons are present. Additionally, finely bedded magnetite-bearing siliceous units are locally present and associated with the intermediate to felsic volcanic and interbedded sedimentary rocks. These siliceous horizons are believed to represent iron formations. All of the Archean rocks have been intruded by variably deformed Proterozoic (1.6-1.8 Ga.) plutons and dykes.
In addition to the massive sulphide Cu-Ni-Co-PGE mineralization of the Ferguson Lake resource, the complex geology present throughout the property is thought to be permissive for other styles of mineralization, including gold and diamonds. Starfield Resources is in the process of assessing the potential of these other commodities.
Starfield Geophysical Targets