Darnley Bay Resources Limited
TSX VENTURE : DBL

Darnley Bay Resources Limited

January 25, 2012 12:24 ET

Darnley Bay Resources Announces Option Grants

TORONTO, ONTARIO--(Marketwire - Jan. 25, 2012) - Darnley Bay Resources (TSX VENTURE:DBL) In keeping with Darnley Bay's stock option plan, officers and directors to Darnley Bay have been awarded a total of 2,200,000 options exercisable at $0.10 per share, expiring on January 24, 2017. As a result, 4,950,000 of a possible 10,518,465 options have been granted. The grant is subject to certain conditions, including regulatory approval.

About Darnley Bay Resources Limited:

Darnley Bay Resources Limited was formed in 1993 to explore for and develop base metal and diamond deposits related to the 50 km x 80 km, 132 mGal Darnley Bay gravity anomaly near Paulatuk, Northwest Territories, Canada. The source of the anomaly remains unexplained. Darnley Bay is exploring for base and precious metals on its 4,600 km2 land holding.

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Darnley Bay expects are forward-looking statements. Although Darnley Bay believes the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in forward-looking statements. These include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Darnley Bay, investors should review registered filings at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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