Business

Diamond Fields Announces Commencement of Work Programme on Beravina

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2018) - Diamond Fields Resources I...

articleDfr Gold IncFebruary 7, 20185/company/diamond-fields-resources-inc/news/diamond-fields-announces-commencement-of-work-programme-on-beravina
Diamond Fields Announces Commencement of Work Programme on Beravina

About this update from Dfr Gold Inc

[{"type":"text","content":"Diamond Fields Announces Commencement of Work Programme on BeravinaVancouver, British Columbia--(Newsfile Corp. - February 7, 2018) - Diamond Fields Resources Inc. (TSXV: DFR) (\"DFR\" or the \"Company\") is pleased to confirm that it is undertaking re-assay, metallurgical and certain material processing work in relation to its recently acquired Beravina zircon project in Madagascar (\"Beravina\" or the \"Project\").The Project covers 625 hectares and is located approximately 220km east of the port of Maintirano along a state road that passes within 7km of the Project area. Previous work on the Project by Badger Mining and Consulting confirmed a pegmatite hosted hard rock zircon deposit with a JORC-compliant Indicated Mineral Resource of 1.8 million tons at 29.5% zircon (~530,000 tons of contained zircon) published in 2012.* The current work program includes: Re-assaying of all core samples to confirm prior results and to assess previously untested transitional material that shows evidence of zircon enrichment;Testing of all core samples from across the ore body for metamictization (or fusion of uranium/thorium molecules with zircon molecules) to determine the possible distribution of metamictization across the orebody; andPreliminary processing tests of representative composite samples to determine their amenability to heavy mineral separation and other processing techniques.Once the results of the preliminary processing tests have been received, the Company intends to provide samples to selected potential customers for feedback on suitability and potential usage.It is expected that this work will be completed by the end of Q2 2018. Assuming the results of this work program are favourable, the Company intends to complete a further drill program aimed at enabling the publication of a NI 43-101 resource statement later in 2018. Sybrand Van Der Spuy, CEO of DFR, said: \"Beravina is an exceptionally high-grade zircon deposit with significant development potential. This program will help shape the next phase of the Project, which will include further drilling, metallurgical and material processing tests.\"* The Company cautions that the resource estimate is historical in nature and the Company is not treating such resources as a current resource under NI 43-101. Investors are further cautioned that a qualified person has not yet com...

More updates from Dfr Gold Inc