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DFR.V ·

Diamond Fields Announces Publication of Full NI 43-101 Report

Technical Reports (NI 43-101)

DIAMOND FIELDS RESOURCES INC.

Suite 303, 595 Howe Street Tel: 1-604-685-9911

Vancouver, B.C. Fax: 1-604-718-2808

Canada V6C 2T5

Diamond Fields Announces Publication of Full NI 43-101 Report

Vancouver, B.C. (January 30, 2019) - Diamond Fields Resources Inc. (TSX-V: DFR) (“DFR” or the

“Company”) is pleased to announce that, as per the announcement of 27 December 2018, it has now

published the full NI 43-101 Technical Report for its Beravina Project in Madagascar. The full report

is available from the Company’s website (http://www.diamondfields.com) and SEDAR.

DIAMOND FIELDS RESOURCES INC.

SIGNED: “Sybrand van der Spuy”

Sybrand van der Spuy, CEO and Director

Contact: +27 78 4558700

Michael Oke/Andy Mills: +44 20 7321 0000

Aura Financial LLP: www.aura-financial.com

Notes to Editors:

DFR is a TSX Venture Exchange listed exploration and mine development company with assets in Madagascar

and Namibia. In Madagascar, DFR is developing the Beravina Project, an advanced high grade hard rock zircon

exploration prospect located in the west of the country, approximately 220km east of the port of Maintirano and

near a state road. In Namibia, International Mining and Dredging Holdings (Pty) Limited is undertaking an

initial six month (non -continuous) offshore diamond mining program on DFR’s ML 111 licence area. The ML

111 concession has a ten year mining licence, effective until 4 December 2025, and lies within Luderitz Bay

between Diaz Point in the south and Marshall Rocks in the north and at depths of 15 to 70 metres.

Website: www.diamondfields.com

The Company's public documents may be accessed at www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 the Company’s 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. The Company does not assume the obligation to update any forward-looking statement,

except as otherwise required by law.