Today, DV Unveils Major Gold Discovery at Homestake Ridge Dolly Varden Silver (DV.v or DOLLF for US investors) is dedicated to advancing its Kitsault Valley Project, which encompasses both the Dolly Varden Project and the Homestake Ridge Project in British Columbia's Golden Triangle.
With its location on the same structural and stratigraphic belts as renowned deposits like Eskay Creek and Brucejack, the project is believed to hold significant potential for additional precious metal discoveries.
Today DV closed in the green on above average volume after reporting significant results from step-out drilling at the Homestake Ridge property, discovering a new high-grade gold zone northwest from the Homestake Silver Deposit.
The drilling revealed notable intersections, including 79.49 grams per tonne (g/t) of gold over 12.45 meters, with a particularly high-grade section of 1,335 g/t of gold over 0.68 meters.
Other highlights include 43.10 g/t of gold over 1.01 meters and 129.00 g/t of gold over 0.50 meters.
These findings represent a substantial breakthrough in defining, upgrading, and expanding mineralization at Homestake Ridge.
The company plans to continue drilling to further explore and expand this new zone.
Additionally, the exploration drilling at the Dolly Varden property yielded promising results, particularly at the Red Point area, demonstrating similarities to mineralization found at the Homestake Ridge deposits.
Full news here: https://ca.finance.yahoo.com/news/dolly-varden-silvers-step-drilling-130000025.html
Posted on behalf of Dolly Varden Silver Corp.