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News Releases

July 3, 2014  
Darnley Bay Resources Limited and Canadian Arrow Mines Limited enter into a Letter of Intent

December 4, 2013  
Darnley Bay Discovers two new Magneto-Telluric Anomalies

October 15, 2013  
Darnley Bay Resources Discovers Large Magneto-telluric Anomaly


Current Activities

December 15, 2010  
The NWT Chamber of Mines' and CanNor's recent news releases

November 16, 2010  
Poster presented at the Yellowknife Geoscience Forum, November 16-18, 2010. (* this is a large pdf file, 17MB )

September 2, 2010  
Photos from the Field

August 4, 2010  
3D Gravity Modelling and Drill Camp

Information on the Inuvialuit Settlement Region

Photo Gallery

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DBL


PRESENTATIONS: Exploring the World's Strongest Gravity Anomaly
DBL
Corporate Presentation April 2014

Technical Presentation April 2014


News Release - December 4, 2013

Figures 1,2,3 of the 2013 MT survey on the Darnley Bay Property, referred to in the news release issued by Darnley Bay Resources Limited on December 4, 2013, are provided below.
 

F.1  
Figure 1.
Figure 1 showing the location of the surveyed lines and of the MT anomalies over gravity and magnetic models backgrounds.

 
F.1  
Figure 2.
Figure 2 showing the location of the surveyed lines and of the MT anomalies over gravity and magnetic models backgrounds.
F.3
Figure 3.
Figure 3 is a stack of three vertical profiles along the North Line; the two upper profiles show the MT anomalies over a gravity and a magnetic models background; the lower profile show the MT anomalies over a 2D geological model that honours the gravity, the magnetic and the seismic data of this sector.

PROJECT HIGHLIGHTS

The Geological Survey of Canada (GSC) interprets the Darnley Bay Gravity Anomaly
(132 mGal) to be much stronger than, but similar to, those below:

  • four times stronger than Sudbury Basin in Ontario (30 mGal), host of the world’s largest nickel-copper sulphide deposits where production started in 1883 and is currently producing $3 billion in metal sales annually.

** Total resources at 2010 prices, over $370 billion of Nickel, Gold and Base Metals

  • five times stronger than Noril’sk deposits in Russia (25 mGal), where the mined grade of copper and nickel is the highest in the world.

** Total resources at 2010 prices, over $900 billion of Nickel, Platinum and Palladium

  • twice as strong as the Bushveld Complex in South Africa (65 mGal), estimated to contain 70% of the world’s platinum and palladium.

** Over 11.5 billion tonnes @5.44 grams per tonne of Platinum Group Elements

The GSC concluded that the anomaly has a moderate to high rating to host Ni-Cu-PGE deposits. Between 1969 and 1991, the GSC carried out both ground gravity and aeromagnetic surveys over the region.  Later Darnley Bay Resources Limited (DBL) was granted the rights for exploration over some 14 million acres by the Inuvialuit Regional Corporation (IRC). 

In the following stages of exploration DBL carried out a surface sampling project in which diamonds were discovered, an exceptional finding. This led to the drilling discoveries of seven (7) diamond bearing kimberlites. Five (5) airborne surveys have been flown over the gravity anomaly followed by three (3) boreholes drilled to test shallower offshoots of the main body. The boreholes failed to reach their target depths due to poor ground conditions.

 




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
 

April 19, 2011

The Globe and Mail published an article regarding Korea Gas Corp. (Kogas) developing a liquefied natural gas (LNG) port facility on the Beaufort Sea coast.

 www.theglobeandmail.com/south-koreans-eye-arctic-lng-shipments
 www.theglobeandmail.com/how-canada's-natural-gas-could-travel-to-asia

A group of South Korean natural gas executives, including those from Kogas, visited Inuvik in the Northwest Territories, to examine the potential for exporting Canada’s Arctic gas to Asia by ship. The shipping facility would take gas produced in the region, load it on to a new class of polar icebreakers and ship it to South Korea.

Kogas has begun the work of figuring out how to build such a facility at potential sites such as Cape Bathurst, which lies northeast of the prolific Mackenzie gas fields.

Darnley Bay Project

If Cape Bathurst were selected as a deep sea port, it would result in major additions to the infrastructure needed for developing the Darnley Bay Project, including the potential to expand the port for shipping mineral products to Asia and Pacific Rim. Cape Bathurst is also accessible to the Atlantic through the Northwest Passage.
The Northwest Passage & DBR

UPHERE BUSINESS
November, 2010

THE SUPER GIANTS
THEY'RE OUT THERE, AND THEY'RE COMING


By Loren McGinnis
On the horizon sit a group of mineral deposits that could, someday, provide hundreds of millions of tonnes of ore over decades and, in so doing, smooth out mining’s boom and bust cycles in the North. The very nomenclature associated with them – the super giants – makes them sound mythical. In some cases, they almost are. In all cases, this group of up-and-coming monsters has years before any one of them might be put into production......

The anomalous one

....Comparisons are often drawn between the magnetic activity at Darnley Bay and those that led to huge mineral discoveries and mining operations in Sudbury, Ontario and Norilsk, Russia. More


The Northern Miner
September 13-19, 2010 Vol. 96, No. 30

DARNLEY BAY'S ARCTIC ANOMALY SHOWS POTENTIAL

By Trish Saywell
Leon La Prairie says he has his old friend Hank Vuori to thank for discovering an anomaly in the Canadian Arctic that La Prairie firmly believes could be the next Sudbury basin or even Olympic Dam. The chairman and director of Darnley Bay Resources (DBL-V) says Vuori spent 32 years in the Arctic with Inco, which included staking ground in the Rankin Inlet and Ferguson Lake areas. During a flight near Paulatuk in the Northwest Territories in 1954, the compass on his Husky aircraft started acting strangely. “He had a charter for Inco and he noticed the compass going haywire,” La Prairie recounts. More


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.

Targets

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.

 
   
     
 

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