DV Insider Buying Highlights Confidence Operating within the mineral-rich expanse of British Columbia's Golden Triangle, Dolly Varden Silver Corp. (Ticker: DV.v or DOLLF for US investors) recently unveiled an exciting development in its flagship Homestake Ridge Project. Through strategic step-out drilling, the company discovered a new high-grade gold zone, further enhancing the project's potential.
The drilling results have been nothing short of impressive, with highlights including intervals of 79.49 grams per tonne (g/t) of gold over 12.45 meters, including 1,335 g/t of gold over 0.68 meters. Moreover, infill drilling beneath the high-grade plunge at Homestake Main has yielded promising results, such as 22.60 g/t of gold over 0.67 meters and 129.00 g/t of gold over 0.50 meters.
These findings mark a significant advancement in defining and expanding the mineralization at Homestake Ridge, with the discovery remaining open for further exploration towards the northwest, extending towards the Homestake Main Deposit.
Looking ahead, Dolly Varden Silver Corp. plans to continue exploration drilling throughout 2024 to further delineate and expand upon these discoveries, potentially unlocking even greater value for stakeholders.
In parallel to these exciting developments, insider transactions within the company have also caught the attention of market observers. Notably, insider buying has been prominent over the past year, with insiders showing a greater inclination towards purchasing shares rather than selling.
Prolific mining investor Eric Sprott's recent purchase stands out as the most significant insider transaction.
Further analysis reveals that insiders hold approximately 9.1% of Dolly Varden Silver shares, amounting to about CA$22 million. This level of insider ownership is respectable and suggests a reasonable alignment of interests between company leadership and shareholders.
More here:
https://finance.yahoo.com/news/one-dolly-varden-silver-insider-142944001.html
Posted on behalf of Dolly Varden Silver Corp.