Starfield Reports Results For The First Quarter Ended May 31, 2011

TORONTO, Aug. 9, 2011 /CNW/ --
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THE U.S./

TORONTO, Aug. 9, 2011 /CNW/ - Starfield Resources Inc. (TSX: SRU)('Starfield', 'the Company')  today announced that its
financial results for the first quarter ended May 31, 2011 have been
filed on SEDAR.

For the three months ended May 31, 2011, Starfield incurred costs for
exploration and related equipment totaling $0.8 million. The
expenditures were directed toward preparation for this year's
exploration drilling program, which commenced in the second quarter,
advancement of the Hydromet project, and property maintenance.
Administrative expenditures amounted to $0.4 million for the three
months ended May 31, 2011.

As previously reported, during the quarter ended May 31, 2011 Starfield
raised $3.8 million through a private placement, and at May 31, 2011,
the Company had approximately $5.8 million of cash on hand. As
previously reported, subsequent to May 31, 2011, the Company completed
a private placement raising proceeds of $1.4 million.

The interim unaudited financial statements, management's discussion and
analysis and additional information are available on the Company's
website and on SEDAR.

About Starfield


Starfield Resources Inc. is an advanced exploration and development
stage company.  The Company's primary asset is its Ferguson Lake
nickel-copper-cobalt-platinum-palladium property in Nunavut, Canada. 
Additional assets include a nickel-copper-cobalt-PGE-chrome project in
the Stillwater district of Montana with historic copper, nickel,
chromite resources (non 43-101 and not to be relied on); the Moonlight
copper project in California with significant NI 43-101 copper
resources; and two gold properties currently leased/joint ventured in
Nevada.

Starfield has also funded the development of a novel, environmentally
friendly and energy efficient hydrometallurgical flow sheet to recover
metals from massive sulphides.

Forward-Looking Statements


This news release may contain certain information that constitutes
forward-looking statements. Forward-looking statements are frequently
characterized by words such as 'plan,' 'expect,' 'project,' 'intend,'
'believe,' 'anticipate' and other similar words, or statements that
certain events or conditions 'may' or 'will' occur. Forward-looking
statements are based on the opinions and estimates of management at the
date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the
forward-looking statements. These factors include the inherent risks
involved in the exploration and development of mineral properties, the
uncertainties involved in interpreting drilling results and other
geological data, fluctuating metal prices and other factors described
above and in the Company's most recent annual information form under
the heading 'Risk Factors' which has been filed electronically by means
of the Canadian Securities Administrators' website located at www.sedar.com. The Company disclaims any obligation to update or revise any
forward-looking statements if circumstances or management's estimates
or opinions should change. The reader is cautioned not to place undue
reliance on forward-looking statements.

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www.starfieldres.com