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Toronto firm announces Liberian gem, gold discovery
 
11th January 2006
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Toronto Stock Exchange-listed Diamond Fields International has announced the first discovery of kimberlite on its 1 095 km2 Grand Cape Exploration License in western Liberia.

Further exploration by the company's geologists led to the discovery of an outcrop of suspected kimberlite on the margin of the swampy ground.

The discovery of kimberlite was confirmed by mineralogist Sophia Napier of Nexo Labs in South Africa.

Also on the Grand Cape property the Henry Town gold showings, which have returned visible gold in reconnaissance sampling, are now the target of artisanal miners recovering coarse gold from the weathered regolith which is up to 15 m thick in this area.

DFI's geologists will continue to explore what appears to be a shear hosted gold system with reconnaissance soil, grid and trench sampling.

The objective is to develop drill targets as soon as possible to test the grade and dimensions of this mineralization.

The Barteajam artisanal workings on the 718 km2 Grand Gedeh property in central Liberia have been continuously active since 1945.

Located east of the Cestos Shear Zone, a crustal level feature extending into Mali and host to numerous gold deposits including the Syama Mine, the Grand Gedeh property has the potential to host a multi-million ounce gold deposit based on the extent of artisanal working to date.

Initial results from DFI's work on the first detailed sampling grid of 100 m spaced lines with samples at 50m along the lines has so far shown a semi continuous 1,6 km long gold anomaly in soils.

Sample processing is ongoing as is the work in the field.

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