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Diamond Fields Resources Inc. V.DFI


Primary Symbol: DFIFF

"Diamond Fields International Ltd is a mineral exploration company. It is engaged in the exploration and evaluation of mineral properties in Namibia, Red Sea, South Africa and Madagascar."


GREY:DFIFF - Post by User

Post by Zorro99on Sep 22, 2014 2:38pm
111 Views
Post# 22959140

News Release dated Sept. 22

News Release dated Sept. 22
Termination of Afri-Can MOU and Development of Nambian Diamond Properties

(via Thenewswire.ca)



Vancouver, B.C. / TNW-ACCESSWIRE / September 22, 2014 / Diamond Fields International Ltd. (DFI: TSX-V) ("DFI" or the "Company") announces that it is terminating its agreement with Afri-Can Marine Mineral Corporation (AFA) regarding the Company's Namibian marine diamond concessions (see Press Release dated March 21, 2013). The Company will now develop the properties independently, and is planning a resource development program with the aim of recommencing mining before the end of 2015. DFI expects the first marine survey work to commence in October 2014.

Ian Ransome, President and CEO of DFI stated: "We have identified a number of potential resource targets on the concessions, which we now intend to fully explore. We are extremely excited about the future prospects for this project".

ON BEHALF OF THE BOARD:


SIGNED: "Ian Ransome"


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