Gold Exploration in West Africa

[FL]

Diamond Fields (DFI.TO) Updates ... Liberian Gold Exploration

Diamond Fields International Ltd.
Suite 1600 – 777 Dunsmuir Street Tel: [phone]
P.O. Box 10425, Pacific Centre Fax: [phone]
Vancouver, BC, Canada V7Y 1K4

SYMBOL: DFI

FOR IMMEDIATE RELEASE February 8th, 2006

Diamond Fields Updates on Marine Diamond Mining
and Liberian Diamond and Gold Exploration

Vancouver, February 8th, 2006 - Diamond Fields International Ltd. (TSX:DFI) (“DFI” or the “Company”) is pleased to report progress on its marine diamond mining project in Namibia and continuing results from its diamond and gold exploration in Liberia.

[ Note: Diamond mining information omitted here. FL ]

Gold Exploration

DFI continues to explore the Henry Town and Barteajam gold targets in Liberia. Although outcrop is scarce, both prospects are believed to consist of high grade gold bearing quartz veins in a mafic volcanic host rock and both are thought to be shear zone related. Artisinal miners are recovering coarse gold from regolith (weathered in situ rock) in both areas and DFI’s sampling has returned anomalous soil, rock chip and stream sediment samples indicating mineralization is present over extensive areas on the kilometer scale. Mr. Daniel added “Our Liberian geological team will shortly begin more detailed exploration work to better define these prospects as soon as orientation sampling is completed and the most prospective zones identified.”

[ Note: Diamond sampling information omitted here. FL ]

Gold samples are sieved and dewatered in the field and sent to Anglo American Research Labs in South Africa for Fire Assay and ICP analysis. Results of the sampling programs have been reviewed, verified (including sampling, analytical and test data) and compiled by the Diamond Fields' geological staff supervised by Mr. Randal Cullen, P.Geol., a "Qualified Person" as indicated under NI 43-101.

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.
“Roger J. Daniel”
Roger J. Daniel, President and Chief Executive Officer
For further information contact Greg Girdler, Investor Relations at (1.604.682.2113.Ext.257).
Website: www.diamondfields.com