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Darnley Bay Resources Ltd.
Summary
| Project: | Pine Point Mine | |
|---|---|---|
| Deposit: | Pine Point Mine | |
| Location: | Canada | |
| Commodities: | Lead-Zinc-Germanium-Gallium | |
| Date: | 6/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 2-6-2017: Darnley Bay Resources Ltd. announces an Exploration/Drilling Update report for its Pine Point Mine deposit at the Pine Point Mine project. Drilling results incl. 72.05m @ 1.81% Pb, 5.64% Zn, 2.2g/t Ga, 5.6g/t Ge from 34.57m. Toronto, Ontario, Ju | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stanley Clemmer (Internal) | |
| ABSTRACT: | Toronto, Ontario, June 2nd, 2017: Darnley Bay Resources Limited (TSX.V: DBL) (the “Company” or “Darnley Bay”) is pleased to report assay results from the winter program at the Pine Point Project near Hay River, Northwest Territories. The results again have confirmed high grade zinc and lead mineralization with good continuity along with high grade gallium and germanium values. The drilling was conducted at the W85 deposit, which was included in the recently-reported Preliminary Economic Assessment (PEA) (see news release dated April 18, 2017), and was completed to obtain metallurgical samples as part of the planned feasibility study. This is the second hole from Darnley Bay’s $5-million exploration program for 2017 at Pine Point. A further 28 holes have been drilled at L65 deposit, which was included in the mine plan in the PEA. The drilling is designed to confirm some of the historical drilling and to expand the size of the deposit. Assays will be released on an ongoing basis. Darnley Bay plans to add a second drill to the program by mid-June | |
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