For the three months ended February 29, 2008, Starfield incurred costs of exploration and related equipment totaling $2.5 million, and $13.1 million for the year ended February 29, 2008. Excluding the cost of settlement and termination of previously signed investor relations contracts, administrative outlays amounted to $1.5 million for the quarter and $4.1 million for the year ended February 29, 2008.

During the three months ended February 29, 2008, the Company received and released assay lab results from its fall 2007 19-hole drill program. On March 20, 2008, the Company announced positive economics from a preliminary assessment of its 100%-owned Ferguson Lake project in Nunavut.

The Company had cash reserves of $10.9 million and working capital of $10.8 million at year end, compared to $506,000 and negative $1.9 million in fiscal 2007 respectively.

You know that SRU is about to start moving. We need to get some investor confidence and numbers like that will only help attract more to Starfield