Diamond Fields Resources Inc. (DFR), formerly Diamond Fields International Ltd., is a Canada based company active in mineral exploration, and has ongoing business interests in Namibia, Madagascar and in the Red Sea.
DFR owns several offshore diamond mining licences in Namibia, including ML111 where it had historical diamond production (2001-2004, 2005-2008 and 2016), DFR also owns ML138, ML139 and 70% of ML32.
DFR owns Mining Licence (“Permis d’Exploitation”) 8096 in Madagascar for the exploration and mining of the Beravina deposit, valid until the year 2055. The Beravina project has an historic JORC-Compliant Indicated Mineral Resource estimate of 1.8 million tons at 29% zircon (~530,000 tons of contained zircon). The company cautions that the resource estimate is historical and as such is not treating it as a current resource under NI43-101.
The Atlantis II deposit (Zinc, Copper, Manganese, Cobalt and others) is located at the bottom of the Red Sea, the project is currently on hold pending resolution of a dispute with DFR’s joint venture partner, Manafa International Ltd., over performance and contractual issues.