Darnley Bay Releases Initial Drill Results Intersecting 50.5 M of 9.03% Zn and 4.10% Pb at Pine Point

3 May 2017

Toronto, Ontario, May 3, 2017:  Darnley Bay Resources Limited (TSX.V: DBL) (the “Company” or  “Darnley Bay”) is pleased to report initial assay results for the first hole of the winter 2017 drill program at the Pine Point Project  near Hay River, Northwest Territories.  The results have confirmed high grade zinc and lead mineralization with good continuity along with high grade gallium and germanium values. The drilling was conducted at the W85 deposit, which was included in the recently-reported Preliminary Economic Assesment (“PEA news release dated April 18, 2017”), and was done for the purpose of obtaining a metallurgical sample as part of the upcoming feasibility study.