DGAP-News: Starfire Minerals Inc.

DGAP-News: Starfire Minerals Inc.:Starfire Nickel clues in on nickel sulphides at Carman

Starfire Minerals Inc. / Research Update

08.03.2006

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STARFIRE ANNOUNCES THE CARMEN NICKEL PROJECT

08. March 2006 Mr. Dan Mosher reports

Starfire Minerals Inc."s division"s, Starfire Nickel Inc., research on historical data relating to its 96-hectare Carman township property located 20 kilometres east-southeast of Timmins, Ont., Canada, has revealed a major outcropping zone of nickel sulphide mineralization.

In a 1973 statement of material facts by Seneca Developments Ltd., a "global resource" figure calculated by Dr. Kenneth H. Darke, PEng, was stated to be 740 million tons at 0.25 per cent nickel. Work on the property at that time was used to support the estimate consisted of numerous pits and trenches, and drilling of 8,500 feet of core in seven diamond drill holes, one of which, hole BM-7, is stated to have averaged 0.251 per cent nickel over a continuous core section of 1,227 feet (Department of Energy, Mines and Resources, Ottawa, File F 507918). The term global resource is considered to be equivalent to the CIM inferred resource category. The company is not treating the historical resource as a National Instrument 43-101-defined resource or reserve verified by a qualified person and the historical resource should not be relied upon. This historical inferred resource illustrates the potential size of a nickel-bearing exploration target that could be delineated on the property.

Mineralogical and microprobe work conducted in 1970 on 17 polished thin sections by Dr. John C. Rucklidge of the University of Toronto showed the nickel sulphide minerals to include heazlewoodite, millerite, pentlandite and a native iron-nickel alloy, awaruite. Microprobe work also indicated the presence of cobalt in the sulphides. The studies also indicated that from 70 per cent to 92 per cent of the nickel content is in the form of sulphide and/or metallic iron -- nickel alloy, such as soluble phases.

A geological report on the property dated 1998 by Todd Keast, PGeo, recommended a program of geophysical, geochemical and drilling work to further evaluate the nickel and copper sulphide mineralization on the property.

The property lies within the Shaw Dome area of the productive Timmins nickel belt where several former producers, current producers and several properties undergoing current exploration are located. The property lies three kilometres north of the Langmuir No. 2 mine area where Inspiration Mining Corp. is conducting extensive drilling and four kilometres north of Starfire"s Langmuir-South property where an exploration program has been initiated on the extension of the Langmuir South nickel sulphide zone.

This press release was reviewed and verified by Gerald Harron, PEng of G.A. Harron and Associates of Toronto, the qualified person experienced in nickel exploration, who has been retained to prepare an NI 43-101 technical report covering the Carman township property and to recommend an exploration program to evaluate the potential for an open-pit, bulk-tonnage mining scenario.





DGAP 08.03.2006 --------------------------------------------------------------------------- Sprache: Deutsch Emittent: Starfire Minerals Inc. 520-355 BURRARD STREET V6C 2G8 VANCOUVER, BC Kanada Telefon: +1-604-669-5642 Fax: +1-604-687-6714 Email: ir@starfireminerals.ca WWW: www.starfireminerals.ca ISIN: CA8549151055 WKN: 784574 Indizes: Ende der Mitteilung DGAP News-Service ---------------------------------------------------------------------------