Darnley Bay Releases Initial Drill Results Intersecting 50.5 m of 9.03% Zn and 4.10% Pb at Pine Point

Darnley Bay Resources Limited (TSXV:DBL) (the “Company” or “Darnley Bay”) is pleased to report initial assay results for the first hole of the winter 2017 drill program at the Pine Point Project near Hay River, Northwest Territories. The results 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 news release dated April 18, 2017”), and was done for the purpose of obtaining a metallurgical sample as part of the upcoming feasibility study.
As quoted in the press release:

“Historically, the 50 open pit deposits mined out by Cominco were in the range of 10% combined lead and zinc,” said Darnley Bay President and Chief Executive Officer Jamie Levy. “Despite the amount of work done on this 65 km strike length property in the past, several under-explored areas remain. Our goal with the 2017 program is to find more of these high grade deposits which would significantly improve the already robust economics at Pine Point.”

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