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Darnley Bay Announces Filing of NI 43-101 Technical Report
Mar. 27, 2017 08:44AM PST
Base Metals Investing Darnley Bay Resources Limited (TSXV:DBL) (“Darnley Bay” or the “Company”) has filed a Technical Report on the Pine Point Project, NWT, further to the Company’s press release of March 4, 2017. The report was prepared in accordance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects and has been filed on the issuer’s …
Darnley Bay Resources Limited (TSXV:DBL) (“Darnley Bay” or the “Company”) has filed a Technical Report on the Pine Point Project, NWT, further to the Company’s press release of March 4, 2017. The report was prepared in accordance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects and has been filed on the issuer’s profile on SEDAR.
As quoted in the press release:
Based on drilling and other work from previous operators, the resources cover 15 of the 60 known historical deposits on the 21,000-hectare lead-zinc property. There has been more than 1.3 million metres of drilling in more than 18,000 holes on the Pine Point property by previous operators, including Cominco, Westmin and Tamerlane. The report was prepared by independent consultants Albert Daniel Siega, PEng, and Paul Gann, PGeo. The Company is preparing a assessment (PEA) including 11 of these deposits which is expected to be completed in early April.
