In Grizzle Media's latest live event, they interviewed CEOs from several silver and gold exploration companies, including Shawn Khunkhun, the CEO & Director of Dolly Varden Silver (Ticker: DV OTCQX: DOLLF).
In the interview, Khunkhun responds to Grizzle's comment that DV is, "one of the most successful silver explorers in North America over the past few years".
He attributes their success to having a great project with historical significance, a phenomenal team of scientists and explorers, and strong financial backers, including Hecla Mining. Recently, Hecla Mining increased its stake in DV by 50%, making it a 15% shareholder.
The conversation delves into DV's emphasis on exploration, with a specific focus on the Wolf deposit within their wholly-owned Kitsault Valley Project. Situated in the southern part of the Golden Triangle of British Columbia, just south of the notable Brucejack and Eskay Creek gold mines, this location is becoming a hotspot for new discoveries.
Khunkhun underscores the potential linkages between different deposits in the area and conveys optimism for uncovering substantial high-grade silver findings. Furthermore, he sheds light on their target map, stressing the significance of exploring and confirming potential connections among various deposits.
Khunkhun mentions their substantial drilling efforts, with over 50,000 meters planned and expresses optimism about assay results, expecting them by the end of January.
He talks about the increasing valuation of the company, targeting a billion-dollar valuation. This optimism is driven by the high potential of Dolly Varden's project, coupled with his belief that the precious metals market is on the cusp of a significant breakout.
Khunkhun is particularly bullish on silver, citing a shortage, drawing parallels to historical periods, and predicting a decrease in the silver-to-gold ratio.
Full interview here: