And the Giant Anomoly Award Goes To... For those interested in chasing anomolies, here's an anomoly that makes SLI's look kind of small.
Darnley Bay Resources (TSX VENTURE:DBL) announces the release, filing on SEDAR and posting on its own website of the 43-101 Technical Report (the "Report") prepared by Stephen Reford, P.Eng., a Qualified Person for the purposes of National Instrument 43-101 and the Company's Chief Technical Officer. The Report details the history of North America's strongest discrete gravity anomaly (the "Anomaly") and its exploration by the Company and others over a period of 17 years.
The Anomaly has been favourably compared by the Geological Survey of Canada (the "GSC") to other prominent gravity anomalies such as those at the prolific mining camps of Noril'sk and Sudbury Basin. The Darnley Bay Anomaly is stronger than any of these comparatives by a wide margin. The GSC discovered the Anomaly in 1969. The Company has 100% control of its exploration and potential development subject to certain back-in and other rights of the Inuvialuit Regional Corporation on whose land it occurs.
The Report details the work undertaken by the Company to identify 41 gravity, magnetic and electromagnetic targets widely distributed over the 100 km by 80 km extent of the Anomaly, in addition to larger zones of exploration significance. It recommends an exploration and drilling strategy to fully test the base and precious metal potential of the property.