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DFR Gold Inc DFIFF


Primary Symbol: V.DFR

DFR Gold Inc. is an exploration and mine development company. The Company is focused on gold and other commodities in West Africa. The Company's projects include Cascades, Kalaka, Gurara JV, and Beravina. The Company has approximately 80% interest in the Cascades project which is in stable southern Burkina Faso. The Cascades Project lies in the Banfora Birimian Greenstone Belt, one of the three major mineralized belts in western Burkina Faso. The Cascades Project comprises two exploration license areas, Wuo Land, and Wuo Land 2 in the Comoe province of southern Burkina Faso. The Company has over 40% interest in the Kalaka project, which is a gold deposit situated in Mali. The Gurara JV project is a gold project in an unexplored province (Benin-Nigeria Shield). It has four licenses in two projects areas (Dagma and Paimasa) lying at the southern end of the Kushaka belt. The Beravina project is a rock zircon deposit, situated in western Madagascar.


TSXV:DFR - Post by User

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Post by apetersonon May 03, 2007 11:38am
539 Views
Post# 12718831

new

new Great Supporter of Sierra Leone and its people to receive country’s highest honour Jean-Raymond Boulle, the successful mining entrepreneur, founder and principle shareholder of Titanium Resources Group (TXR:AIM) is be made a Commander of the Order of the Rokel, the highest order of merit to be awarded by the country of Sierra Leone. The award will be made to Mr. Boulle by His Excellency Alhadji Ahmad Tejan, the President of the Republic of Sierra Leone. The award recognizes the immensely valuable contribution that Mr. Boulle has made to the country and people of Sierra Leone over a 30 year time span. Mr. Boulle’s faith in its people to rebuild their lives and the country following the end of the civil war, gave him the confidence to invest and keep investing in the country since 1999. At that time, general perception was that Sierra Leone represented too high a risk to justify investment. However Mr. Boulle ignored the general perception and invested many millions of Dollars in purchasing 100% of the Sierra Rutile and Sierra Minerals mines. Throughout the horrific civil war, Mr. Boulle through his private companies continued to support the local community by providing funding for agriculture, aquiculture, schools and medical care. In August 2005, Mr. Boulle listed Titanium Resources Group on the London Aim exchange and raised US$100 million for the company, to accelerate and expand production at the mine. In addition, the company secured a loan from the EU of Euro 25 million. This was the largest financing in the history of Sierra Leone and placed the country firmly back on the map and open for business at the most crucial moment in its recent history, i.e. the onset of peace. Since the successful restart of both the rutile and bauxite operations during the first quarter of 2006, Titanium Resources Group has become Sierra Leone’s biggest employer and its major exporter and generator of foreign revenue. Titanium Resources Group is of great importance to Sierra Leoneans, both symbolically and economically and the company’s continued success will ensure that Sierra Leone remains an attractive target for foreign investment. Mr. Boulle recognizes that the long term success of Titanium Resources Group relies intimately upon the maintenance of strong equitable and lasting relationships with the people of Sierra Leone. To help ensure that this happens, the Titanium Resources Group Foundation was established to liaise with and support the local community in the areas where the company operates. Mr. Boulle is credited with the discovery and financing of a number of multi billion dollar mines worldwide. He was the founder, chairman, CEO and a major shareholder of Diamond Fields Resources. Diamond Fields Resources, a Toronto listed public company achieved prominence in 1994 when it discovered one of the world’s largest and richest nickel, copper and cobalt orebodies at Voisey's Bay in Labrador, Canada. In 1996, Diamond Fields Resources sold the Voisey’s Bay deposit to Inco for CN$4.3 billion. The Jean-Raymond Boulle Corporations is also a major shareholder (together with the Government of Mauritius) in the largest and most successful sugar estate and mills in Mauritius Jean-Raymond Boulle Corporations is the largest shareholder in Madagascar Resources NL, a company which has recently made a world class discovery of smelter grade ilmenite (iron titanium oxide) in south western Madagascar, called the Toliara Sands Project. The Corporation is further involved in numerous mining programmes in Africa and worldwide, for a variety of commodities including nickel, copper, cobalt zinc, and gold. JAMES DEVAS AURA BABMAES HOUSE 2 BABMAES STREET ST JAMES'S LONDON SW1Y 6HD T: +44 (0)20 7321 0000 D: +44 (0)20 7321 0032 M: +44 (0)7812 034 521 F: +44 (0)20 7321 2555 W: WWW.AURA-FINANCIAL.COM This email and its attachments are confidential and intended solely for the use of the individual to whom it is addressed. It may contain private price-sensitive information and may be privileged or otherwise protected from disclosure. Any views or opinions presented are solely those of the author and do not necessarily represent those of Aura. If you are not the intended recipient, be advised that you have received this email in error and that any use, dissemination, forwarding, printing or copying of this email is strictly prohibited. If you have received this email in error please notify Aura by email info@aura-financial.com. Aura Financial LLP Company number 0C307804 regards diamond
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