Dolly Varden Silver Corp DOLLF

The Opportunity of the Century - Peter Krauth

[MarketMakerss]

As detailed by Peter Krauth in "OPPORTUNITY of a CENTURY! Silver Will Make You 'Very Rich In 2024 ", key indicators including the gold silver ratio and inflation rates and historical price movements are hinting at silver reaching $300 by 2030: https://www.youtube.com/watch?v=zn1NTzWbGFE

 

The increasing demand for silver is due to its relationship with gold and its role in the silver energy sector. Specifically, solar energy represents over half of silver's industrial demand as it exceeds 200 million ounces annually.

 

However, the silver market has faced structural deficits for several years due to a gap between demand and supply, which Krauth suspects is from large industrial users are buying silver from futures exchanges and taking delivery, leading to a significant drop in overall silver inventories.

 

Despite this trend, Krauth believes it is bullish for silver, with the next key level to watch being $30.

 

Dolly Varden Silver (and Gold)

Positioned amid this dynamic market, Dolly Varden Silver's (DV.v DOLLF) CEO joined Mining Stock Daily to discuss the company's recent financing and exploration plans alongside highlighting the growing industrial demand for silver and the challenges in silver mining and exploration: https://www.podbean.com/media/share/dir-tk3ch-1e06a962?utm_campaign=w_share_ep&utm_medium=dlink&utm_source=w_share

 

Significantly, amid advancing one of the largest high-grade undeveloped precious metal assets, silver is showing early signs of outperformance with the potential for a silver bull market

 

The Next Brucejack? The Next Eskay Creek?

Located in BC's Golden Triangle, an area known for its mineral wealth and historical mining activity, DV's Kitsault Valley Project covers an area of 163 square km and boasts a 140M oz high-grade and pure-silver resource combining the Homestake Silver Deposit and Dolly Varden Mine.

 

Prospective for hosting further precious metal deposits, Kitsault is on the same structural and stratiagraphic belts that host numerous other high-grade deposits including the Eskay Creek Mine and Brucejack.

 

This is significant because, Eskay Creek started as a high-grade silver mine until the later discovery of a strong gold system turned it into a producer of both silver and gold, becoming Canada's highest-grade gold mine in producing over 3M oz of high-grade gold and the 5th largest silver mine in the world with the production of over 160M oz of silver.

 

Notably, Kitsault has already shown high-grade gold potential reminiscent of Eskay Creek and similar to Brucejack with the discovery of 'bonanza-style gold assay results'.

 

Unlocking the Full Potential

Aiming to unlock the full potential of its silver and gold resource, DV is preparing for a fully funded 30,000m drill program with a minimum of 3 rigs turning to determine the extent of this new gold zone.

 

With multiple priority one targets, one third of DV's targets are located in the new gold zone at Homestake Ridge where 11,000m of drilling is planning.

 

Another 10,000m of drilling are planned at Wolf which is a pure high-grade silver zone similar to the Torbrit mine, the third largest silver mine in Canada.

 

Full News Release: https://dollyvardensilver.com/dolly-varden-silver-announces-closing-of-15-million-bought-deal-public-offering-with-participation-by-eric-sprott/

 

Posted on Behalf of Dolly Varden Silver Corp.