DARNLEY BAY RESOURCES LIMITED
TSX VENTURE : DBL

DARNLEY BAY RESOURCES LIMITED

March 23, 2011 11:45 ET

Darnley Bay Resources Commences 2011 Base Metals Drill Program

TORONTO, ONTARIO--(Marketwire - March 23, 2011) - Darnley Bay Resources Limited ("Darnley Bay") (TSX VENTURE:DBL) is pleased to announce that it has commenced its 2011 winter/spring drilling program for base metals at the Paulatuk Property in the Northwest Territories. The drill crew and contracted personnel mobilized to Paulatuk yesterday.

An independent review of the current drill program was carried out by Jacquelin Gauthier, P. Eng., Geo. After visits to Yellowknife and Toronto, Mr. Gauthier has made a series of recommendations to optimize the program and implement cost efficiencies and will continue to act as an advisor to Darnley Bay. Mr. Gauthier is a geological consultant based in Quebec City, focusing on exploration for base and precious metals. He has 33 years of experience as a geologist (including 8 years as a consultant), exploration manager (including 13 years with Noranda, Cambior, Bema Gold and Kinross) and President of Azimut Exploration Inc. (5 years).

Frontier Geosciences Inc. (frontiergeo.com) has been contracted to execute a seismic survey, utilizing a source provided by Vibrometric (www.vibrometric.com). The purpose of the survey is to reduce the risk of drilling through difficult overburden and sediments within our target areas.

About Darnley Bay Resources Limited:

Darnley Bay Resources Limited was formed in 1993 to explore for and develop base metal deposits related to the 50 km x 80 km, 132 mGal Darnley Bay gravity anomaly near Paulatuk, Northwest Territories, Canada. Darnley Bay is currently exploring and drilling for base metals on its 4,600 km2 land holding. It has a partnership with Diadem Resources Ltd. on 33 claims, as described in the news release of July 9, 2010, which encompass thirteen kimberlite pipes (seven proven diamondiferous). 

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.

Contact Information