Business
Extensive Gold Sampling Programme completed in Liberia
Extensive Gold Sampling Programme completed in Liberia.
About this update from Dfr Gold Inc
[{"type":"text","content":"\n\n\n\nSYMBOL: DFI\n\n\nCAPE TOWN, South Africa, Sept. 19 /CNW/ - Diamond Fields International\nLtd. (DFI:TSX) ("DFI" or the "Company") is pleased to announce that it has\nrecently completed an extensive gold sampling programme in the Grand Cape\nexploration project area in north western Liberia.\n\n\nDFI through its subsidiary company Diamond Fields (Liberia) Inc. ("DFL")\nhas been actively exploring both the Grand Cape and Grand Geddeh exploration\npermits, which are held under a joint venture agreement with Ducor, a Liberian\nregistered company. Regional exploration of the two properties has defined 10\ndiamond anomalies associated with G10 garnets in the Grand Cape property, and\nseven gold anomalies, six of these anomalies being located with the Grand\nGeddeh property.\n\n\nThe Company has now changed its exploration strategy from regional\nassessment to specific evaluation of these exploration targets. The current\nfocus of activity has been on a gold anomaly within the Henry Town region of\nthe Grand Cape property, where native gold is exploited by local artisans,\nwhich previously returned gold values of up to 13g/t gold in DFL's grab\nsamples. The gold is contained in quartz veins associated with a Birrimian\n(Proterozoic) age transgressive left lateral shear zone, which boudinages and\njuxtaposes basement gneisses and supracrustal lithologies.\n\n\nInitial sampling indicates a possible maximum width of mineralization\nacross the shear zone of up to 500 metres, with a possible semi-continuous\nstrike length of over 7 km. To constrain the possible extent of\nmineralization, an exhaustive soil sampling program over the entire western\nextension of the shear zone has been undertaken by DFL on a 40 metre by 200\nmetre grid, yielding in excess of 1,400 samples. The samples are currently\nbeing analyzed by fire assay in an accredited laboratory in Mali, and results\nare expected to be available by the end of October 2007. Although limited in\nnumber, initial results returned from the laboratory are encouraging with up\nto 12.75ppm gold being returned.\n\n\nDFI expects to commence a trench sampling program later this year across\nthe most promising parts of the mineralized shear zone, with a follow up\ndrilling program provisionally scheduled for the early part of 2008. In\naddition, two other pr...