SYMBOL: DFI
VANCOUVER, Sept. 6 /PRNewswire-FirstCall/ - Diamond Fields International
Ltd. (TSX:DFI) is pleased to announce its second diamond sale of the year
consisting of 2,373 carats at an average price of US $ 196 per carat, for
total gross proceeds of US $ 465,108.
Gregg J. Sedun, President and CEO of Diamond Fields stated: "Clearly we
are experiencing continued strong demand for Diamond Fields' high-quality
Namibian product. For diamonds in the small size categories, the price was
approximately 24 % higher than last year. The slightly lower price received
for these diamonds compared to the US $ 203 per carat which the Company
received for its previously-announced July sale is reflective of a smaller
average diamond size in this sale parcel."
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 INTERNATIONAL LTD.
"Gregg J. Sedun"
Gregg J. Sedun, President and Chief Executive Officer
For further information contact Investor Relations at (1.604.682.2113).
Website: http://www.diamondfields.com
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 Diamond Fields' 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.
Diamond Fields does not assume the obligation to update any forward-looking
statement.
SOURCE Diamond Fields International Ltd.
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