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Dolly Varden Silver Corp DOLLF


Primary Symbol: V.DV

Dolly Varden Silver Corporation is a mineral exploration company. The Company is focused on advancing its Kitsault Valley Project, which combines the Dolly Varden Project and the Homestake Ridge Project, which is located in the Golden Triangle of British Columbia, Canada, about 25 kilometers by road to tide water. The 163 square kilometer (sq. km.) project hosts the high-grade silver and gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines. It is prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits, such as Eskay Creek and Brucejack. The Kitsault Valley Project also contains the big bulk property, which is prospective for porphyry and skarn style copper and gold mineralization, similar to other such deposits in the region. Homestake Ridge comprises the 75 sq. km. northern half of the Company’s 163 sq. km.


TSXV:DV - Post by User

Post by hallidas1on Nov 22, 2023 9:42am
292 Views
Post# 35748172

Some mining 101 for Dummies RE:grade numbers

Some mining 101 for Dummies RE:grade numbersDid some searching and found one persons numbers on grade quality.

So based on this and Shawn indicating that the cut off grade for DV was 150g/t silver and 2 g/t gold. Most of DV's reporting is in the High to Bonanaza grade categories. So this is even more reason to be patient as DV will eventaully be taken out in the not to distant future.

To add more fuel to the fire, some experts indicate that there will be production cliffs being hit in as early as 2025.

Gold

Open pit:

  • 0–0.5 g/t gold is low grade
  • 0.5–1.5 g/t gold is average grade
  • Over 1.5 g/t gold is high grade

 Underground:

  • 0–5.0 g/t gold is low grade
  • 5.0–8.0 g/t gold is average grade
  • Over 8.0 g/t gold is high grade
  • Gold measured in ounces per tonne is “bonanza” grade.

Silver

Open pit:

  • 0–30 g/t silver is low grade
  • 30–150 g/t silver is average grade
  • Over 150 g/t silver is high grade

 Underground:

  • 0–150 g/t silver is low grade
  • 150–350 g/t silver is average grade
  • Over 350 g/t silver is high grade
  • Silver measured in kilos per tonne is “bonanza” grade.
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