Latest Darnley Bay Resource (DNLYF) Headlines
10-K: WESTMOUNTAIN GOLD, INC.
Edgar Online - Thu Feb 13, 2:17PM CST
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
CORRECTION FROM SOURCE: Darnley Bay Discovers Two New Magneto-Telluric Anomalies
Marketwire - Wed Dec 04, 12:17PM CST
Darnley Bay Resources Limited (the "Company") (TSX VENTURE: DBL) - A correction from source is issued with respect to the news release that was disseminated on December 4, 2013 at 9:31 a.m. (Eastern Daylight Time). The website links previously included in the press release for Figures 1-3 were not correct. The correct version follows:
Darnley Bay Discovers Two New Magneto-Telluric Anomalies
Marketwire - Wed Dec 04, 8:33AM CST
Darnley Bay Resources Ltd (TSX VENTURE: DBL)
Darnley Bay Resources Discovers Large Magneto-Telluric Anomaly
Marketwire - Tue Oct 15, 3:12PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (DBL) is pleased to announce the discovery of a large magneto-telluric (MT) anomaly at its 100% owned Darnley Bay Property, located near Paulatuk, Northwest Territories. Importantly, the new anomaly is spatially coincident with previously-discovered gravity and magnetic anomalies.
Darnley Bay Receives Land Use Permit and Initiates Exploration Program on Its Paulatuk Property
Marketwire - Tue Aug 06, 3:19PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (the "Company" or "Darnley Bay") is pleased to announce the receipt of a land use permit from the Inuvialuit Land Administration (the "Land Use Permit") which will allow the Company to perform geological and geophysical surveys as well as rock sampling on the Company's Paulatuk property (the "Property"). The Company received the Land Use Permit on Aug 5th, 2013 and expects to commence its on field exploration work immediately.
Darnley Bay Closes Private Placement
Marketwire - Wed Jul 31, 4:14PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (the "Company" or "Darnley Bay") is pleased to announce that it has closed a non-brokered private placement (the "Offering") of 3,300,000 units at a price of $0.05 per unit, for gross proceeds of $165,000. Each unit is comprised of one common share (a "Common Share") in the capital of the Company and one Common Share purchase warrant (a "Warrant") of the Company. Each Warrant entitles the holder thereof to purchase one Common Share for a period of two years from the date of issuance of the Warrants at an exercise price of $0.10 per Common Share, provided that if, at any time after the date that is more than four months and one day following the closing of the Offering, the Common Shares trade on a stock exchange at a volume weighted average trading price of $0.25, or greater, per Common Share for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof. In such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Darnley Bay Announces Voting Results of Annual and Special Meeting
Marketwire - Tue Jul 02, 2:32PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) ("Darnley Bay") is pleased to announce the voting results for the election of its Board of Directors at its annual and special meeting which was held on June 27, 2013 in Toronto, Ontario.
Darnley Bay Resources Limited Announces Update on Property
Marketwire - Mon Jun 24, 3:00PM CDT
Darnley Bay Resources Limited. (TSX VENTURE: DBL) (the "Company") announces that it has applied for permits to conduct a magneto-telluric (MT) survey and a geological survey on its main property near Paulatuk, Northwest Territories. Magneto-telluric is a geophysical method of imaging the earth's subsurface by measuring natural variations of electrical and magnetic fields at the Earth's surface. In the 1990's, MT has been successfully used to locate mineral deposits as deep at 1750 metres in the Sudbury nickel camp. In the last 10 years, the technique has seen a number of improvements, particularly with the development of modern 3D inversion. It is now routinely used in the oil industry to better define deep drilling targets. Past gravity and magnetic surveys have outlined 22 targets on the Darnley Bay property and the MT results are expected to assist the Company in prioritizing these targets for an upcoming drill program. At the same time, the Company plans to conduct a geological survey over about 25% of
Darnley Bay Resources Limited Announces Sale of Diamond Rights on the Franklin Project
Marketwire - Tue May 07, 4:12PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) ("Darnley Bay") announced today that it has entered into a purchase and sale agreement (the "Definitive Agreement") with Diadem Resources Ltd. ("Diadem") providing for the purchase by Diadem of Darnley Bay's interest in the Franklin diamond project in the Parry Peninsula of the Northwest Territories. Under the terms of the Definitive Agreement Diadem will have exclusive rights to all diamonds in the Parry Peninsula. This Definitive Agreement is intended to supersede a memorandum of understanding entered into by Darnley Bay and Diadem on September 27, 2011. Closing of the transaction is scheduled for June 30, 2013 (the "Closing Date").
Diadem Announces 100% Acquisition of Darnley Bay Resources Limited's Diamond Rights on the Franklin Project
Marketwire - Tue May 07, 3:26PM CDT
Diadem Resources Ltd. (TSX VENTURE: DRL.H) ("Diadem" or the "Company", "DRL") announced today that it has entered into a purchase-sale agreement ("Definitive Agreement") with Darnley Bay Resources Limited ("DBL") to acquire DBL's 50% interest in the Franklin diamond project in the Parry Peninsula of the Northwest Territories. Diadem will have exclusive rights to all diamonds in the Parry Peninsula.
Darnley Bay Completes Property Payment
Marketwire - Wed Apr 10, 2:38PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (the "Company" or "Darnley Bay") has made a payment of $440,896, comprised of expenses, administrative fees and interest owing with respect to a previous drill program, to the Inuvialuit Regional Corporation. The payment brings the mineral concession agreement entered into between Darnley Bay and Inuvialuit Regional Corporation in 2009 into good standing. The final payment represents part of more than $3.8 million paid to the Inuvialuit Regional Corporation since 1995. Management intends, subject to financing, to initiate a drill program on the gravity anomaly on the property in 2013.
10-K: WESTMOUNTAIN GOLD, INC.
Edgar Online - Thu Feb 13, 2:17PM CST
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
CORRECTION FROM SOURCE: Darnley Bay Discovers Two New Magneto-Telluric Anomalies
Marketwire - Wed Dec 04, 12:17PM CST
Darnley Bay Resources Limited (the "Company") (TSX VENTURE: DBL) - A correction from source is issued with respect to the news release that was disseminated on December 4, 2013 at 9:31 a.m. (Eastern Daylight Time). The website links previously included in the press release for Figures 1-3 were not correct. The correct version follows:
Darnley Bay Discovers Two New Magneto-Telluric Anomalies
Marketwire - Wed Dec 04, 8:33AM CST
Darnley Bay Resources Ltd (TSX VENTURE: DBL)
Darnley Bay Resources Discovers Large Magneto-Telluric Anomaly
Marketwire - Tue Oct 15, 3:12PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (DBL) is pleased to announce the discovery of a large magneto-telluric (MT) anomaly at its 100% owned Darnley Bay Property, located near Paulatuk, Northwest Territories. Importantly, the new anomaly is spatially coincident with previously-discovered gravity and magnetic anomalies.
Darnley Bay Receives Land Use Permit and Initiates Exploration Program on Its Paulatuk Property
Marketwire - Tue Aug 06, 3:19PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (the "Company" or "Darnley Bay") is pleased to announce the receipt of a land use permit from the Inuvialuit Land Administration (the "Land Use Permit") which will allow the Company to perform geological and geophysical surveys as well as rock sampling on the Company's Paulatuk property (the "Property"). The Company received the Land Use Permit on Aug 5th, 2013 and expects to commence its on field exploration work immediately.
Darnley Bay Closes Private Placement
Marketwire - Wed Jul 31, 4:14PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (the "Company" or "Darnley Bay") is pleased to announce that it has closed a non-brokered private placement (the "Offering") of 3,300,000 units at a price of $0.05 per unit, for gross proceeds of $165,000. Each unit is comprised of one common share (a "Common Share") in the capital of the Company and one Common Share purchase warrant (a "Warrant") of the Company. Each Warrant entitles the holder thereof to purchase one Common Share for a period of two years from the date of issuance of the Warrants at an exercise price of $0.10 per Common Share, provided that if, at any time after the date that is more than four months and one day following the closing of the Offering, the Common Shares trade on a stock exchange at a volume weighted average trading price of $0.25, or greater, per Common Share for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof. In such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Darnley Bay Announces Voting Results of Annual and Special Meeting
Marketwire - Tue Jul 02, 2:32PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) ("Darnley Bay") is pleased to announce the voting results for the election of its Board of Directors at its annual and special meeting which was held on June 27, 2013 in Toronto, Ontario.
Darnley Bay Resources Limited Announces Update on Property
Marketwire - Mon Jun 24, 3:00PM CDT
Darnley Bay Resources Limited. (TSX VENTURE: DBL) (the "Company") announces that it has applied for permits to conduct a magneto-telluric (MT) survey and a geological survey on its main property near Paulatuk, Northwest Territories. Magneto-telluric is a geophysical method of imaging the earth's subsurface by measuring natural variations of electrical and magnetic fields at the Earth's surface. In the 1990's, MT has been successfully used to locate mineral deposits as deep at 1750 metres in the Sudbury nickel camp. In the last 10 years, the technique has seen a number of improvements, particularly with the development of modern 3D inversion. It is now routinely used in the oil industry to better define deep drilling targets. Past gravity and magnetic surveys have outlined 22 targets on the Darnley Bay property and the MT results are expected to assist the Company in prioritizing these targets for an upcoming drill program. At the same time, the Company plans to conduct a geological survey over about 25% of
Darnley Bay Resources Limited Announces Sale of Diamond Rights on the Franklin Project
Marketwire - Tue May 07, 4:12PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) ("Darnley Bay") announced today that it has entered into a purchase and sale agreement (the "Definitive Agreement") with Diadem Resources Ltd. ("Diadem") providing for the purchase by Diadem of Darnley Bay's interest in the Franklin diamond project in the Parry Peninsula of the Northwest Territories. Under the terms of the Definitive Agreement Diadem will have exclusive rights to all diamonds in the Parry Peninsula. This Definitive Agreement is intended to supersede a memorandum of understanding entered into by Darnley Bay and Diadem on September 27, 2011. Closing of the transaction is scheduled for June 30, 2013 (the "Closing Date").
Diadem Announces 100% Acquisition of Darnley Bay Resources Limited's Diamond Rights on the Franklin Project
Marketwire - Tue May 07, 3:26PM CDT
Diadem Resources Ltd. (TSX VENTURE: DRL.H) ("Diadem" or the "Company", "DRL") announced today that it has entered into a purchase-sale agreement ("Definitive Agreement") with Darnley Bay Resources Limited ("DBL") to acquire DBL's 50% interest in the Franklin diamond project in the Parry Peninsula of the Northwest Territories. Diadem will have exclusive rights to all diamonds in the Parry Peninsula.
Darnley Bay Completes Property Payment
Marketwire - Wed Apr 10, 2:38PM CDT
Darnley Bay Resources Limited (TSX VENTURE: DBL) (the "Company" or "Darnley Bay") has made a payment of $440,896, comprised of expenses, administrative fees and interest owing with respect to a previous drill program, to the Inuvialuit Regional Corporation. The payment brings the mineral concession agreement entered into between Darnley Bay and Inuvialuit Regional Corporation in 2009 into good standing. The final payment represents part of more than $3.8 million paid to the Inuvialuit Regional Corporation since 1995. Management intends, subject to financing, to initiate a drill program on the gravity anomaly on the property in 2013.
