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PRESENTATIONS |
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Darnley
Bay AGM Presentation, June 29,
2010
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Darnley
Bay
Corporate
Presentation
Exploring
North
America's Strongest Gravity Anomaly
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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:
Click
to enlarge |
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Primary Type |
Number |
Total Area |
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Gravity |
22 |
76
km2 |
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Magnetic |
7 |
108
km2 |
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Electromagnetic |
12 |
54
km2 |
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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
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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
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Magnetic and gravity
intensity
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Kimberlite Pipe 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. |
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DIAMOND PROGRAM |
Parry
Peninsula Kimberlite Pipe Drill Targets
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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