RE: It’s Started18 Jun 2022 16:20
9th June
DFR is a TSX Venture Exchange listed exploration and mine development company with assets in Madagascar and Namibia. DFR is in the process of acquiring Moydow Holdings Limited, a privately owned West African focused gold exploration business which holds interests in a portfolio of West African gold exploration projects including the highly prospective Labola gold project in Burkina Faso. Labola has a Mineral Resource prepared in accordance with NI 43-101 comprising 5.41 million tonnes of indicated resources at an average grade of 1.52 g/t Au for a total 264,000 ounces of gold; and 6.93 million tonnes of inferred resources at an average grade 1.67 g/t Au for a total of 371,000 ounces of gold.