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Last C$0.04 CAD
Change Today -0.005 / -12.50%
Volume 101.0K
DBL On Other Exchanges
As of 10:01 AM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

darnley bay resources ltd (DBL) Snapshot

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52 Week High
05/7/14 - C$0.18
52 Week Low
12/2/14 - C$0.03
Market Cap
Average Volume 10 Days
Shares Outstanding
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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 metals and diamonds in the Northwest Territories, Canada. It primarily explores for base metals and diamonds on its 4,557 square kilometers land located near Paulatuk, Northwest Territories. The company also holds 23 claims and 10 leases for diamond exploration on the Parry Peninsula northeast of Paulatuk. Darnley Bay Resources Limited 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

Darnley Bay Resources Ltd. to Consider Amendments to Articles of Incorporation

Darnley Bay Resources Ltd. will consider a special resolution of amending the company's articles of incorporation by consolidating each of the issued and outstanding common shares in the capital of the company by changing each five common shares into one common share, at the annual and special meeting of shareholders to be held on November 27, 2014.

Darnley Bay Resources Ltd., Annual General Meeting, Nov 27, 2014

Darnley Bay Resources Ltd., Annual General Meeting, Nov 27, 2014., at 10:00 US Eastern Standard Time. Location: 365 Bay Street, Suite 400. Agenda: To consider receiving the company's audited consolidated financial statements for the financial year ended December 31, 2013, and the reports of the auditor thereon; to consider electing directors; to consider appointing the auditor and authorizing the directors to fix its remuneration; to consider a special resolution amending the company's articles of incorporation by consolidating each of the issued and outstanding common shares in the capital of the Company by changing each five common shares into one common share; and to transact such further and other business as may be properly brought before the meeting or any adjournment thereof.

Darnley Bay Resources Discovers Two New Magneto-Telluric Anomalies

Darnley Bay Resources Ltd. announced the discovery of two new large magneto-telluric (MT) anomalies at its 100% owned Darnley Bay Property, located near Paulatuk, Northwest Territories. Like the first MT anomaly - reported, the new anomalies are spatially coincident with previously-discovered gravity anomalies, are considered good to moderate conductive zones and appear to be hosted by prospective Proterozoic rocks. They are located respectively two and twelve kilometres east of the first MT anomaly. Darnley Bay received the latest 3D inversion results from EMpulse Geophysics Ltd, the geophysical contractor. The new inversions not only used the magnetic field tipper data, but also included static shift analysis to minimise near surface geologic noise and to better image the apparent resistivity distribution at depth. The new 3D-inversion model revealed: On the North Line, 12 kilometers east of the first anomaly, a 1.5x3.5 kilometres anomaly with a maximum thickness of 800 metres, its center being at elevation -2,000 metres (below sea level), It is considered to be a moderate to good conductive zone with apparent resistivity values ranging from 32 to 8.9 Ohm-m. On the North Line, two kilometres east of the first anomaly, a 1.0 x 2.0 kilometres anomaly with maximum thickness of 600 metres, centered at elevation -1,300 metres with apparent resistivity between 32 Ohm-m and 15.1 Ohm-m. On the South and East Lines, three weaker anomalies (80 to 45 Ohm-m), with dimensions of 1.0x1.0-3.0 kilometres between elevations -1,000 to -2,400 metres.


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