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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
DBL On Other Exchanges
As of 11:41 AM 09/28/15 All times are local (Market data is delayed by at least 15 minutes).

darnley bay resources ltd (DBL) Snapshot

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10/7/14 - C$0.10
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08/31/15 - C$0.01
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darnley bay resources ltd (DBL) Details

Darnley Bay Resources Limited, an exploration stage company, engages in the exploration and development of base metal and diamond deposits in the Northwest Territories and Quebec, Canada. It holds 100% interests in the mineral concessions, prospecting permits, and claims located near Paulatuk, Northwest Territories; and interests in 10 claims and 9 leases on the Parry Peninsula located to the northeast of Paulatuk. The company was founded in 1993 and is headquartered in Toronto, Canada.

Founded in 1993

darnley bay resources ltd (DBL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$56.0K
Chief Financial Officer and Director
Total Annual Compensation: C$51.6K
Compensation as of Fiscal Year 2013.

darnley bay resources ltd (DBL) Key Developments

Eastmain Resources Inc. and Darnley Bay Resources Limited Announces Early-Staged Drilling Results for the Lac Lessard Project

Eastmain Resources Inc. and Darnley Bay Resources Limited announced early-staged drilling results for the Lac Lessard project. Two of 10 VTEM targets drill-tested intersected nickel- sulphide mineralization over wide intervals within the Crete-du-Coq ultramafic intrusion. The drill program, funded by Darnley Bay Resources Ltd, as part of its first-year work commitment to an option agreement, whereby DBL can earn 50% of the project, consisted of 11 heli-supported diamond drill holes for a total of 1,995 metres. Drill hole LL15-02 collared within the Crete-du-Coq ultramafic intrusion intersected disseminated sulphides over a 12.5-metre interval assaying 0.38% nickel and 0.13% copper. Semi-massive sulphides intersected at the bottom of this interval contain 1.08% nickel and 0.31% copper over a length of 2.5 metres. A five-metre interval of disseminated nickel sulphides containing 0.41% nickel and 0.09% copper was also intersected 126.0 metres down the hole. Drill hole LL15-02 did not reach the lower contact of the ultramafic intrusion, indicating additional potential at deeper levels of the Crete-du Coq. Drill hole LL15-10 was completed to test a strong airborne induced polarization (IP) anomaly corresponding with a strong magnetic feature. This hole intersected an average of 0.29% nickel across 198.4 metres within a fine-grained, magnetite-bearing ultramafic rock.

Darnley Bay Resources Ltd. Files Form 15

Darnley Bay Resources Ltd. announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its common shares without par value under the Securities Exchange Act of 1934, as amended.

Darnley Bay Resources Ltd. and Eastmain Resources Announces the Completion of Phase-One Drilling Program

Darnley Bay Resources Ltd. and Eastmain Resources Inc. announced the completion of a phase-one drilling program to test highly-prospective VTEM geophysical targets at its Lac Lessard project. The program, funded by Darnley Bay Resources Ltd., as part of its first-year work commitment to an option agreement, whereby DBL can earn 50% of the project, consisted of 11 drill holes (1,995 metres) of heli-supported diamond drilling. Drill hole LL15-02, which tested VTEM conductor Mx1b, intersected 13.8 metres of disseminated sulphide (1 to 5% pyrrhotite, pyrite, chalcopyrite) within the ultramafic intrusion. This unit includes a 1.8-metre-wide interval ranging from 5 to 20% sulphide at a depth of 101.7 metres. 728 split-core samples have been submitted for assay; results are pending.


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