News Releases

July 27, 2010  
Darnley Bay Resources Announces Appointment of New Director


July 26, 2010  
Darnley Bay Resources Announces C$3.0 Million Flow-Through Unit Private Placement Financing


Current Activities

April 19, 2010  
Preliminary Airborne Survey Results

March 25, 2010  
Survey Progress and Paulatuk Rescue

Information on the Inuvialuit Settlement Region

Photo Gallery

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Darnley Bay Resources Limited shares its corporate office with Peat Resources Limited (TSX-V: PET), which can be reached at the same phone and fax numbers or by e-mail at

peatfuel@peatresources.com  www.peatresources.com


PRESENTATIONS
June 2010 Darnley Bay AGM Presentation, June 29, 2010

March 2010 Darnley Bay Corporate Presentation
Exploring North America's Strongest Gravity Anomaly


BASE METAL PROJECT

Maps of the exploration and drilling targets, referred to in the news release issued by Darnley Bay Resources Limited (“Darnley Bay”) on July 13, 2010, are provided below.

Base Metals Targets


The exploration and drill targets for base metals were prepared from analysis and modelling of the recently completed gravity, electromagnetic and magnetic surveys flown over a large portion of its properties near Paulatuk, NT. The analysis was prepared in conjunction with mapped geology, topography, satellite imagery and previously acquired airborne and ground geophysical data.

The following table provides a summary of the 41 separate base metal exploration targets selected as a result of the analysis and modelling:

Metals Targets
Click to enlarge
Primary Type Number Total Area
Gravity 22 76 km2
Magnetic 7 108 km2
Electromagnetic 12 54 km2

The “Primary Type” column indicates the data type where the target is most evident, although many targets incorporate coincident or complementary geophysical responses from at least two data types. The base metals targets are broken into several categories, depending on the nature of their responses and their estimated depths. Nine of these targets are designated for assessment by geological prospecting and sampling as they may outcrop.

Not shown on the map are several larger zones of exploration interest delineated by the gravity, magnetic and/or electromagnetic data. A map of these zones is in preparation





The Geological Survey of Canada (GSC) has assigned a moderate to a high rating for the Anomaly to be a major mineral complex comparable to the Sudbury Basin in Ontario




Magnetic and gravity intensity
Kimberlite Pipe Targets

Kimberlite Targets
Click to enlarge
Darnley Bay has located 103 kimberlite pipe targets on its 100%-owned mineral concession and 16 prospecting permits in the Paulatuk area, none of which have been drill tested. This includes 7 new magnetic and 38 new electromagnetic targets from the VTEM survey flown earlier this year. Although our priority on these properties is the base metals exploration and drilling program, Darnley Bay’s exploration team will assess some of these kimberlite pipe targets in the field during 2010.

Not shown on the map are additional areas of interest that result from indicator mineral sampling.




 DIAMOND PROGRAM

Parry Peninsula Kimberlite Pipe Drill Targets

Parry Peninsula
Click to enlarge
Darnley Bay and Diadem Resources Ltd. recently entered into a 50/50 joint venture on the 33 claims held by the two companies on the Parry Peninsula (see news releases issued by each company on July 9, 2010). Ten kimberlite pipes, six of which have proven diamondiferous, were discovered by Darnley Bay on the Parry Peninsula. The map shows the highest priority targets designated for drilling, after analysis of airborne and ground magnetic data, previous drilling and indicator mineral sampling. Planning is underway to undertake the drill program.

Not shown on the map are several additional targets of lower priority.


   
 
     
 

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