In a recent interview with Resource Stock Digest, Dolly Varden Silver (TSX-V: DV)(OTC: DOLLF) CEO Shawn Khunkhun delved into the silver exploration sector as a whole, the company's remarkable journey, highlighting its unique position in the silver exploration sector and promising outlook for the future.
Silver, gold, and other commodities are experiencing an unprecedented rally creating a historic opportunity for companies like Dolly Varden.
Over the past several months DV has capitalized on the bear market to fortify its position and prepare for the dynamic shift and current upswing that has been occurring over recent weeks in the junior mining space.
Central to Dolly Varden's narrative is its distinction as a premier pure-play silver company and the rarity of primary silver mines in contrast to byproduct-driven operations.
With a heritage rooted in historic production, including its status as the richest silver mine in the British Empire, the Dolly Varden Silver Mine within the company's Kitsault Valley Project project stands as a testament to Canada's mining legacy.
Over the past four years, Dolly Varden has brought $90 million in capital to propel Dolly Varden into its current trajectory. Bolstered by strategic partnerships with industry giants such as Hecla Mining Company and renowned investors like Eric Sprott, Dolly Varden has garnered widespread recognition and support from institutional investors, including Fidelity.
Dolly Varden Silver's recent exploration efforts have shown the significant potential of its mineral deposits. Among the standout findings from the step-out drilling conducted in 2023 are notable intersections such as 79.49 g/t of gold and 60 g/t of silver over 12.45 meters, with peak assay of 1,335 g/t of gold and 781 g/t of silver over 0.68 meters.
These findings underscore the high-grade nature of Dolly Varden Silver's mineralization and highlight the company's continued success in advancing its exploration efforts to unlock further value for its stakeholders.
Another recent milestone includes the successful completion of a $15 million bought deal public offering, which attracted significant participation from prominent investors.
Looking ahead, the company's ambitious exploration agenda is aimed at expanding its mineral inventory. With a robust treasury of $23 million and no debt, Dolly Varden is poised to embark on a comprehensive 30,000-meter drill program, targeting further discoveries and resource expansion.
Overally, Khunkhun's strategic focus on growing Dolly Varden's mineral assets underscores his commitment to maximizing shareholder value while navigating the dynamic market landscape.
Full interview here:
Posted on behalf of Dolly Varden Silver Corp.