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Diamond Fields International Ltd. | |||||
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The first exploration activities of the Canadian company Diamond Fields International Ltd. (DFI) in Liberia date from 1994. Actually, the international mining company holds exploration rights in four areas in Liberia. The concession rights include exploration rights for diamonds and gold and cover four concession areas: in Nimba, River Cess, Grand Gedeh, Lofa and Grand Cape Mount Counties. The ‘properties’, as they are called, in Grand Gedeh County and in Lofa/Grand Cape Mount Counties were acquired through an option agreement with Ducor Minerals Inc., a Liberian registered company, in 2004. The two properties include the Bopolu Diamond concession in the western part
of Liberia (Grand Cape Mount and Lofa Counties) and a concession area in Grand
Gedeh County covering alluvial gold workings along the Cestos Shear near the
border with Ivory Coast. Recorded gold mining operations in this region date as far back as the late 1930s. One area known to contain the precious mineral is the Barteajam area, which forms part of the company’s optioned 718 km2 concession area. The optioned area has the potential to host a multi-million ounce gold deposit. The Barteajam area has been exploited by artisanal miners since the 1940s. It is located east of the Cestos Shear Zone, a crustal level feature extending into the Republic of Mali and host to numerous gold deposits including the Syama Mine. |
Diamond Fields International Ltd. is an internationally active exploration
and mining company pursuing mineral exploration opportunities worldwide.
The Company's corporate strategy is to maximize cash flow from its
Namibian marine diamond concessions and systematically explore and
develop its international mineral exploration projects. In addition, the
Company continues to explore opportunities to acquire new economic
mineral projects worldwide. Diamond Fields' exploration team in
Liberia is comprised of geologists seconded from the Ministry of
Minerals and Energy.
1 Kimberlites often contain chromium-bearing spinel, olivine, garnet, and other minerals which are known as indicator minerals for the presence of diamond.
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