This news explains also lot about Chrome MTN:

Starfield Resources Initiates Review Of Montana Chrome Properties

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TORONTO, Oct. 5, 2010 /CNW/ - Starfield Resources Inc. (TSX: SRU) ("Starfield", "the Company") today announced that, due to the recent increase in both the demand and price for chrome and chrome products, it has engaged Scott Wilson RPA ("RPA") to review and update an October 1988 feasibility study on its Montana chrome properties.

The Montana chrome properties contain the formerly operating Benbow and Mountain View Mines, which are the only chrome mines to ever produce in North America, and were last operated during the Korean War. A non NI 43-101 compliant feasibility study was completed by James Askew Associates Inc.(Askew) for Chrome Corporation of America in 1988. After an internal review of this study, Starfield believes that its chrome properties in Montana have become economic again. Consequently, Starfield is contracting a third party review in order to verify the Company's view.

Chromite ("FeCr(2)O4") is sold to the steel industry in many forms. It is sold as concentrated ore for smelter feed; as an upgraded concentrate for furnace feed; or further refined as a ferrochrome product. Chrome is an important hardener and anti-corrosive when combined with iron, and a very strategic building material.

The proposal would be to market a 44% concentrate for smelter feed from the Montana mines, which currently sells for approximately Cdn $350 per ton. The Montana chrome properties, now held by Starfield Resources, are reported to contain 50 million tons, grading approximately 22% chromite per ton. Utilizing simple and environmentally friendly gravity separation, past test work has shown that run-of-mine ore can be upgraded to a concentrate containing 44-45% chromite, with a recovery of approximately 78% of the contained chromite.

The previous feasibility study indicated that, based on a mine production rate of approximately 350,000 tons of ore per year (1000 tpd), the concentrator would have an output of approximately 135,000 tons of concentrate for sale per year, grading approximately 44% chromite.

"Starfield is actively pursuing an off-take agreement (a contract for the purchase of product) and/or joint venture agreement in an effort to move this project forward," said Andre Douchane, President and CEO. "We believe that with a positive update of the Askew feasibility study, the Benbow and Mountain View Mines could be reopened and producing within two years. Results of the updated feasibility study are expected by year-end."