TORONTO, ONTARIO–(Marketwired – March 3, 2017) – Darnley Bay Resources Limited (TSX VENTURE:DBL) (“Darnley Bay” or the “Company“) is pleased to announce that it has received an updated National Instrument 43-101 (“NI 43-101“) resource report on its 100% owned Pine Point lead-zinc project near Hay River, Northwest Territories (the “Report“). Based on drilling and other work from previous operators, the resources cover 15 of the 60 known historical deposits on the 21,000-hectare property. There has been more than 1.3 million metres of drilling on the Pine Point property by previous operators, including Cominco, Westmin and Tamerlane. The Report was prepared by independent consultants Albert Daniel Siega, P. Eng., and Paul Gann, P. Geo., and will be filed on SEDAR within 45 days of this news release to support the mineral resource estimate.