Diamond Fields Resources Inc. is pleased to announce that, following completion of the acquisition of Moydow Holdings Limited in July 2022, it has completed the initial drilling program at its now renamed Cascades Gold Project in Burkina Faso. The Project has an indicated gold resource of 264,000 ounces of gold @ 1.52 grams per tonne and an inferred resource of 371,000 oz Au @ 1.67 g/t Au. Highlights The Cascades Gold [...]
Diamond Fields Resources Inc. is pleased to announce that it has received final approval from the TSX Venture Exchange for its acquisition of Moydow Holdings Limited . Further to the Company's press release dated June 29, 2022, Philip Murphy, Norman Baker and François Colette have resigned as directors of the Company in favour of the appointments of Brian Kiernan, Carlo Baravalle and Len Comerford as directors. Brian [...]
Transformative acquisition of a portfolio of gold exploration and development projects in West Africa that positions DFR for future growth Initial focus on Labola, a highly prospective gold exploration project in Burkina Faso with an Indicated Resource of 264Koz @ 1.52g/t and an Inferred Resource of 371Koz @ 1.67g/t[1]. New drill campaign already launched with results expected in Q3 Additional exposure to minority, joint [...]
Diamond Fields Resources Inc. , a mineral exploration and development company focused on gold in West Africa, is delighted to announce the appointment of Kieran Harrington as Vice President Exploration and Mrs Djeneba Coulibaly Sagara as Country Manager for Burkina Faso. Kieran Harrington, whose appointment is subject to customary approvals by the TSX Venture Exchange, brings a wealth of expertise in West African gold [...]
Diamond Fields Resources Inc. is pleased to announce that the Company's shareholders have voted in favor of all resolutions proposed by management at the Annual General and Special Meeting of shareholders held on June 9, 2022. The acquisition of Moydow Holdings Limited was approved by a significant majority of the minority shareholders voting at the Meeting. The Transaction was originally announced by DFR on August 25 [...]
Diamond Fields Resources Inc. notes that Moydow Holdings Limited has commenced a drilling program on the Labola Gold Project in Burkina Faso, West Africa . The drill program is intended to improve the definition of the current resource and potentially contribute to an expansion of the National Instrument 43-101 resource estimate announced on 25 October, 2021. In addition, Moydow will commence drill testing on several [...]
Diamond Fields Resources Inc. wishes to announce that, further to its Press Release of December 6, 2021, an amended and re-stated technical report prepared in accordance with National Instrument 43-101 has been filed for the Labola Gold Project in Burkina Faso . The report entitled "Diamond Fields Resources Inc. Amended and Re-stated Technical Report on the Labola Project Burkina Faso" dated April 2, 2022 with an [...]
Diamond Fields Resources Inc. wishes to update its shareholders on the status of the acquisition of Moydow Holdings Limited pursuant to the transaction announced on August 25, 2021 . The TSX Venture Exchange has provided conditional approval to the Acquisition, subject to shareholder approval to the Transaction and other standard conditions. The Company has scheduled an Annual General and Special Meeting of the [...]
Highlights US$3.1m to be raised through the issuance of 19,891,375 shares at C$0.20 per share, a premium to the current share price Raise supported by investment from existing shareholders, management, and directors Funding relates to and is conditional upon DFR's proposed acquisition of Moydow to create a New West African gold explorer Proceeds from the financing will be used for working capital and on resource expansion [...]
Diamond Fields Resources Inc. announces that it will delay the date of its annual, general and special meeting of shareholders , initially expected to be held prior to 31 December 2021, to a date to be confirmed in early 2022. The Company applied for and received from the BC Registry a six month extension to hold the ASM. As such, the Company will hold the ASM prior to 30 June 2022 to seek shareholder approval to, among [...]
Diamond Fields Resources Inc. is pleased to announce the appointment of John McGloin as a director and Chief Executive Officer effective January 1, 2022. Mr. McGloin brings a wealth of experience in the mining and exploration industry to the Company. He was the Chairman and Chief Executive officer of Amara Mining as it progressed the Yaoure project in Côte d'Ivoire from discovery through to feasibility study and oversaw a [...]
Indicated: 5.41 million tonnes at an average grade of 1.52 g/t Au for a total 264,000 ounces of gold Inferred: 6.93 million tonnes at an average grade of 1.67 g/t Au for a total of 371,000 ounces of gold Diamond Fields Resources Inc. is pleased to announce that an independent technical report prepared in accordance with National Instrument 43-101 has been filed for the Labola Gold Project in Burkina Faso . The report [...]