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Diamond Fields Announces the Discovery of Kimberlite in Liberia and Progress with Gold Exploration
Diamond Fields Announces the Discovery of Kimberlite in Liberia and Progress with Gold Exploration.
About this update from Dfr Gold Inc
[{"type":"text","content":"\n\n\n\n\nSYMBOL: DFI\n\nVANCOUVER, Jan. 9 /CNW/ - Diamond Fields International Ltd. (TSX: DFI)\n(\"DFI\" or the \"Company\") is very pleased to announce the first discovery of\nkimberlite on its 1,095 km2 Grand Cape Exploration License in western Liberia.\nBased on recovery of G10 garnets and high kimberlitic ilmenite counts from\nsamples taken in closed drainages, reconnaissance stream sediment sampling on\nthe Grand Cape property has so far located 10 high priority targets for\ndetailed follow up with about 45% of the property covered by reconnaissance\nsampling so far. A sampling grid measuring 1km x 1km was established over a\nswampy depression suggesting the structure of a pipe of about 3 hectares in\nsize from which G10 garnets had been recovered.\nFurther exploration by the Company's geologists led to the discovery of\nan outcrop of suspected kimberlite on the margin of the swampy ground. The\ndiscovery of kimberlite was confirmed by mineralogist Sophia Napier of Nexo\nLabs in South Africa. A second nearby grid was sampled resulting in the\nidentification of a nearly continuous 3 km trend of kimberlite indicator\nminerals suggesting a source which is probably a dyke or series of sub\nparallel dykes of as yet unknown widths. Samples from both grids arrived in\nthe lab just before Christmas and DFI anticipates further results by mid-\nJanuary. Follow up work on these grids is planned to include ground geophysics\nand drilling.\n\nGold Prospects\n\nAlso on the Grand Cape property the Henry Town gold showings, which have\nreturned visible gold in reconnaissance sampling, are now the target of\nartisanal miners recovering coarse gold from the weathered regolith which is\nup to 15m thick in this area. DFI's geologists will continue to explore what\nappears to be a shear hosted gold system with reconnaissance soil, grid and\ntrench sampling. The objective is to develop drill targets as soon as possible\nto test the grade and dimensions of this mineralization.\nThe Barteajam artisanal workings on the 718 km2 Grand Gedeh property in\ncentral Liberia have been continuously active since 1945. Located east of the\nCestos Shear Zone, a crustal level feature extending into Mali and host to\nnumerous gold deposits including the Syama Mine, the Grand Gedeh property has\nthe potential to host a multi-million ounce gold deposit based on t...