Business
Diamond Fields Files Updated Technical Report on Sea Diamonds Project
Diamond Fields Files Updated Technical Report on Sea Diamonds Project.
About this update from Dfr Gold Inc
[{"type":"text","content":"\n\n\n\n\nSYMBOL: DFI\n\nCAPE TOWN, South Africa, April 18 /CNW/ - Diamond Fields International\nLtd. (TSX: DFI) (\"DFI\" or the \"Company\") announced that it has filed today\nwith applicable Canadian securities regulators through the SEDAR website an\nupdated technical report dated March 30, 2006 entitled \"The Marine Alluvial\nDiamond Properties ML 111, EPL 1607 A & B and ML 32, Luderitz, Namibia\"\nprepared by R.H. De Decker of De Decker and Associates Consulting Services.\nThe technical report was prepared under National Instrument 43-101 and relates\nto the Company's marine alluvial diamond mining and exploration properties off\nthe coast of Luderitz, Namibia.\nThe updated report comments upon mining undertaken in Mining Licence\nML111 since November 2002, as a result of mining operations by contractors,\njoint ventures and with DFI's own vessel. DFI acquired its vessel in late 2004\nand the report comments on commercial and technical aspects specific to this\nvessel.\nA copy of the technical report may be obtained under the Company's\nprofile at www.sedar.com.\nThe technical report was prepared in connection with the proposed merger\nbetween DFI and Moydow Mines International Inc. (\"Moydow\"), as announced in\npress releases dated March 1, 2006, whereby DFI and Moydow stated they had\nreached an agreement effective February 28, 2006 pursuant to which Moydow\nsecurity holders will exchange their Moydow securities for securities of DFI.\nThe transaction is subject to various conditions as previously announced.\nMoydow, like DFI, is engaged in mineral exploration and development worldwide.\n\nDIAMOND FIELDS INTERNATIONAL LTD.\n\n\n\"Roger J. Daniel\"\n\nRoger J. Daniel, President and CEO\n\nForward-Looking Statements:\nStatements in this release that are forward-looking statements are\nsubject to various risks and uncertainties concerning the specific factors\nidentified in Diamond Fields' periodic filings with Canadian Securities\nRegulators. Such forward-looking information represents management's best\njudgment based on information currently available. No forward-looking\nstatement can be guaranteed and actual future results may vary materially.\nDiamond Fields does not assume the obligation to update any forward-looking\nstatement.\n\n\n\n","length":2308,"tagName":"div"}]