“I think that silver is probably the most exciting trade in the energy transition theme within the commodities complex today,” said Daniel Ghali, a senior commodity strategist with TD Securities, on BNN Bloomberg: https://www.bnnbloomberg.ca/booming-silver-demand-may-lead-to-extreme-price-action-td-strategist-says-1.2078245
As the latest mined material to experience an uptick in global demand, the price of silver is expected to continue climbing due to its extensive use in electronics and clean-energy technologies.
The historical lack of investment in silver-specific mines has lead to supply worries and a universally-recognized structural deficit as silver is primarily mined as a byproduct of lead, zinc, copper and gold mines. Very few companies specifically mine silver.
However, Dolly Varden Silver (DV.v DOLLF) is poised to change this with its 100% owned Kitsault Valley Project, 140M high-grade and pure-silver resource.
Amid its recently commenced 25,000m drill program at Kitsault, DV's CEO joined Rick Rule for his "2024 Rule Symposium Preview" to discuss the exploration and expansion potential. : https://x.com/realrickrule/status/1797656894783525249?s=46&t=WI8lw8MoN5OqPfJMCKEOqg
Located in BC's Golden Triangle an area known for its mineral wealth and historical mining activity, Kitsault combines the Dolly Varden Mine and Homestake Silver Deposit.
With three rigs mobilized to test for new discoveries and follow up on high-grade silver mineralization encountered in 2023, the Moose Vein, Chance Vein and North Start Deposit step-out are DV's initial targets for its program.
As there is a 5.5km gap between Dolly Varden and Homestake, drilling is aimed to test the potential connection between the projects' two deposit areas. As previous exploration results from the Moose Target and Homestake have shown promising results, these is significant potential for expansion.
Latest News Release: https://stockhouse.com/news/press-releases/2024/05/27/three-drill-rigs-turning-on-dolly-varden-silver-s-kitsault-valley-project
Posted on Behalf of Dolly Varden Silver Corp.