Diamond Fields International Ltd. - Strong preliminary results from 2007 marine sampling programme in Namibia; diamond sales and production update



    CAPE TOWN, Dec. 7 /CNW/ - Diamond Fields International Ltd. (DFI:TSX)
("DFI" or the "Company") is pleased to announce that preliminary results from
the 2007 marine sampling programme undertaken by Bonaparte Diamond Mines NL
("Bonaparte") in the ML111 Joint Operations ("JO") area offshore Namibia, show
a 68% increase in the number of samples with positive diamond recovery,
compared to the previous year's programme. The number of positive samples in
which more than one diamond was recovered (multiple diamond samples) also
increased by 85% over the 2006 operations. The Company is also pleased to
report improved production results in Namibia from its mining vessel MV DF
Discoverer coming out of the winter months.

    2007 Sampling programme

    A total of 451 diamonds weighing approximately 160 carats were recovered
from the 290 positive samples during the recently completed 2007 JO sampling
programme. The preliminary results are provided in the Table below and
recoveries will be adjusted if necessary, after final processing of the
samples at the onshore facility in Luderitz.

    
    Comparative Sampling Results in ML 111 JO Area:

    -------------------------------------------------------------------------
                                               %                         Ave
         Total   No. of    % of   Multiple  Multiple  No. of    Carats   Size
        No. of  Positive Positive  diamond  Diamond  Diamonds (estimate) cts/
        Samples  Samples  Samples  samples  Samples                     stone
    -------------------------------------------------------------------------
    2007  668      290      43%      106      16%      451       160     0.36
    -------------------------------------------------------------------------
    2006  547      146      27%       47       9%      291       136     0.47
    -------------------------------------------------------------------------
    % Difference (2007     +63%              +85%
    compared to 2006)
    -------------------------------------------------------------------------
    

    The programme was undertaken at Bonaparte's expense using the De Beers
owned dedicated diamond sampling vessel MV Douglas Bay on a sampling grid of
approximately 50m by 40m with an average footprint size of approximately
2.1m(2) per sample in sediments up to 4m thick. Gravel in the size range
+1.5mm to -12mm was screened out for processing and diamond recovery. The
design of the programme will enable estimation of Indicated Resources in terms
of National Instrument 43-101.
    Mining of the 63,000 carats Indicated Resource defined in the 2006
sampling programme in the original JO area has been ongoing since commencement
in January 2007.
    DFI's President and CEO, Roger Daniel commented: "We are delighted with
the strong results from the Bonaparte joint operations sampling operations
which have identified seven new diamond deposits which will support joint
mining operations through 2008/2009. We expect these newly defined areas will
be incorporated in the JO production plans early in 2008 to increase current
production levels. The recent sampling programme covered approximately 24% of
the expanded JO area of 10.8 km(2) and we anticipate further increases to the
mining resource base with future development work in this area."

    Diamond sales and October marine diamond production

    The sale of the latest parcel of 1,889 carats from the JO marine mining
operations off Namibia resulted in gross revenue of US$388,303 at an average
price of US$205.55/carat. Total JO sales for production up to October 21, 2007
amounts to 17,455 carats sold for US$3,799,772 in total revenue at an average
price of US$217.69/carat.
    Coming out of the winter months, diamond production continued to improve
in October 2007 with recovery of 4,864 diamonds weighing 1,894 carats.
Production in September 2007 was 1,618 carats. Total production from the JO
area to October 31, 2007 is 42,827 diamonds weighing 18,139 carats at an
average size of 0.42 carats/stone.
    Roger J. Daniel, B.Sc. (Hones) Geology, London, Pr.Sci.Nat., the
Company's President and CEO, who is a Fellow of the South African Institute of
Mining and Metallurgy (SAIMM), is also a registered geological scientist with
the South African Council for Natural Scientific Professions (SACNASP), and is
thus a Qualified Person in terms of National Instrument 43-101, has compiled
and reviewed the scientific and technical information contained in this News
Release.

    DIAMOND FIELDS INTERNATIONAL LTD.

    "Roger J. Daniel"

    Roger J. Daniel, President and CEO

    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.




For further information:

For further information: Roger Daniel at +27 21 425 1990, Website:
www.diamondfields.com

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