Starfield Announces Closing of CDN$15.1 Million Private Placement Offering

Vancouver, Canada (ots/PRNewswire) - Starfield Resources Inc.
("Starfield" or the "Company") (TSX-V: SRU and OTCBB: SRFDF) today
announced that it has closed the private placement offering (the
"Offering") that was announced by the Company on March 7, 2007.
Westwind Partners Inc. and Westwind Partners (UK) Limited (together
"Westwind") acted as the lead agents for a syndicate of agents
including Dundee Securities Corp. (collectively, the "Agents") in
connection with the Offering and they exercised in full an agents'
option that allowed them to increase the size of the Offering by
CDN$3,100,000 for total gross proceeds to Starfield of
CDN$15,100,000. Starfield issued 31,249,999 units of the Company
(each a "Unit") at a price of CDN$0.24 per Unit and 27,142,855
flow-through common shares of the Company ("Flow-Through Shares") at
a price of CDN$0.28 per Flow-Through Share in accordance with the
terms of the Offering. Each Unit consists of one common share of the
Company (a "Common Share") and one-half of one transferable Common
Share purchase warrant (a "Warrant"). Each whole Warrant entitles
the holder to acquire one Common Share at an exercise price of
CDN$0.30 per Common Share. The Warrants are exercisable for 24
months following the closing of the Offering (the "Closing Date"). In
the event that the Common Shares trade at a closing price on the TSX
Venture Exchange ("TSX-V") of greater than CDN$0.375 per share for a
period of 20 consecutive trading days at any time after four months
and one day after the Closing Date, the Company may accelerate the
expiry date of the Warrants by giving notice to the holders thereof
and, in such case, the Warrants will expire on the 30th day after
the date on which such notice is given by the Company. Mr. André J.
Douchane, President and CEO of the Company, stated "I am pleased
that investors' demand for Starfield's offering resulted in the
Company raising over CDN$15 million and I am confident that we will
now be able to advance our Ferguson Lake Project to the next stage."
Starfield will use the proceeds from the Offering for general
exploration expenditures and general working capital purposes. The
Agents received a cash commission fee of CDN$909,999.96 and in
addition, the Company issued 4,062,499 non-transferable broker
warrants to Westwind Partners Inc. with each broker warrant
entitling the holder to buy one Common Share at CDN$0.24. The broker
warrants are exercisable, in whole or in part, for a period of 24
months following the Closing Date; however, the broker warrants are
also subject to the same acceleration feature as the Warrants that
were issued to the investors in the Offering. In recognition of
certain contractual commitments that had been made by the Company in
regard to past financings where capital market services were
provided to the Company by Max Capital Markets Ltd. ("Max Capital"),
the Company today also issued 507,500 warrants to Max Capital along
with cash consideration of CDN$142,100. Each one of these warrants
entitle Max Capital to buy a Common Shares at CDN$0.24 for a period
of 24 months following the Closing Date (subject to the same expiry
date acceleration feature as the Warrants that were issued to the
investors in the Offering).

About Starfield: Starfield Resources Inc. is an advanced
exploration and development company focused on its Ferguson Lake
Copper-Nickel-Cobalt- Palladium-Platinum property located in Nunavut,
Canada. The Ferguson Lake property covers more than 1.3 million acres
and is 100% owned by the Company. Since 1999, Starfield has completed
132,000 metres of diamond drilling in 359 holes. A National
Instrument 43-101 technical report dated May 15, 2006 prepared by
N.C. Carter PhD., P.Eng. was filed on SEDAR and on Starfield's
website on May 25, 2006. A developing feature of this mineral
district is the significant discovery of high-grade platinum and
palladium mineralization found in the footwall to the massive
sulphide deposit. Starfield's Ferguson Lake Project is unfolding as
Nunavut's largest ongoing base and precious metal project.

On behalf of the Company,

André Douchane, President and CEO

Caution concerning forward-looking statements: This communication
to shareholders and the public contains certain forward-looking
statements. Forward-looking statements are generally identified by
the words "expect," "anticipates," "believes," "intends,"
"estimates," "plans" and similar expressions. Actual results may
differ materially from those indicated by such statements. Although
Company management believes that the expectations reflected in such
forward-looking statements are reasonable, investors are cautioned
that all statements, other than statements of historical fact,
included herein, including, without limitation statements regarding
future production, are forward looking statements that involve
various risks and uncertainties. These risks and uncertainties
include those discussed or identified in the Company's annual report
for the year ended February 28, 2006, as filed with the U.S.
Securities and Exchange Commission on Form 20-F. Among others, these
include risks related to the uncertainty associated with calculating
reserves and mineralization, operating hazards in the mining industry
and the Company's inability to meet its future capital requirements.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially
from those anticipated in such statements. Other than as required by
applicable law, the Company does not undertake any obligation to
update or revise any forward-looking information or statements. The
TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under
the U.S. Securities Act of 1933, as amended (the "U.S. Securities
Act") or any state securities laws and may not be offered or sold
within the United States or to U.S. Persons (as such terms are
defined in Regulation S under the U.S. Securities Act) unless
registered under the U.S. Securities Act and applicable securities
laws or an exemption from such registration is available.

www.starfieldres.com/ (SRU. SRFDF)

CO: Starfield Resources Inc. ST: British Columbia IN: MNG OTC SU:
PVT

ots Originaltext: Starfield Resources Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Michael Joyner, The Equicom
Group,+1-416-815-0700 ext.275, mjoyner@equicomgroup.com; André
Douchane, Starfield Resources Inc., +1-416-671-8089


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