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Message: NR: Starfire Minerals Inc. - Property Option Amendments

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NR: Starfire Minerals Inc. - Property Option Amendments

posted on Nov 22, 10 08:02PM

Starfire Minerals Inc. - Property Option Amendments

VANCOUVER, Nov. 19, 2010 (Canada NewsWire via COMTEX News Network) --

TSXV: SFR

Starfire Minerals Inc. (the "Company") (TSX VENTURE: SFR) announces that the Company and its wholly-owned subsidiary, Starfire Precious Metals Inc., have entered into a property option amending agreement with Mr. Arne Birkeland (the "Optionor") to amend the terms of the option agreement previously entered into by the parties with respect to the Company's option to earn a 100% interest in the Porphyry Pearl Property (the "Property").

The amendments provide a one year extension (to February 21, 2012), for the Company to incur the balance of property expenditures. In addition, the payment date for the final installment of the cash portion of the option payments has been shortened from October 15, 2011 to March 31, 2011.

ON BEHALF OF THE BOARD OF DIRECTORS OF

STARFIRE MINERALS INC.

"Dan Mosher" ___________________ Dan Mosher President/CEO

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