VANCOUVER, Oct. 29, 2019
/CNW/ - Diamond Fields Resources Inc. (TSX-V:
DFR) ("DFR" or the "Company") is pleased to announce that,
following its announcement of 18 October 2019, the Madagascan
Office National pour l'Environnement has approved the
Environmental Impact Assessment ("EIA") for TMH Acquisition Co's
planned drill program at the Company's Beravina Zircon Project
("Beravina").
Following approval of the EIA the Company has received
authorization from local authorities in the Beravina area to
commence work. Equipment mobilization is expected to begin shortly
and the Company will update the market upon the commencement of
drilling.
Notes to Editors:
DFR is a TSX Venture Exchange listed exploration and mine
development company with assets in Madagascar and Namibia. In Madagascar, DFR is developing the Beravina
Project in cooperation with Denham Mining Fund LP. Beravina is an
advanced high-grade hard rock zircon exploration prospect located
in the west of the country, approximately 220km east of the port of
Maintirano and near a state road. DFR acquired Beravina from Pala
Investments and Austral Resources in 2016. In Namibia, International Mining and Dredging
Holdings (Pty) Limited is undertaking an initial six month
(non-continuous) offshore diamond mining program on DFR's ML 111
licence area. The ML 111 concession has a ten-year mining licence,
effective until 4 December 2025, and
lies within Luderitz Bay between Diaz Point in the south and
Marshall Rocks in the north and at
depths of 15 to 70 metres.
Website: www.diamondfields.com
The Company's public documents may be accessed
at www.sedar.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statements:
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific
factors identified in the Company's periodic filings with Canadian
Securities Regulators. Such forward-looking information represents
management's best judgment based on information currently
available. No forward-looking statement can be guaranteed and
actual future results may vary materially. The Company does not
assume the obligation to update any forward-looking statement,
except as otherwise required by law.
SOURCE Diamond Fields Resources Inc.