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Dolly Varden Silver Corp V.DV

Alternate Symbol(s):  DOLLF

Dolly Varden Silver Corporation is a mineral exploration company. The Company is focused on advancing its Kitsault Valley Project, which combines the Dolly Varden Project and the Homestake Ridge Project, which is located in the Golden Triangle of British Columbia, Canada, about 25 kilometers by road to tide water. The 163 square kilometer project hosts the high-grade silver and gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines. It is prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits, such as Eskay Creek and Brucejack. The Kitsault Valley Project also contains the big bulk property, which is prospective for porphyry and skarn style copper and gold mineralization, similar to other such deposits in the region. The Company also owns the option agreement in the southern portion of the Big Bulk Project.


TSXV:DV - Post by User

Post by MarketMakersson Jan 15, 2024 4:58pm
98 Views
Post# 35827804

Mexico Could Run Out of Silver by 2026

Mexico Could Run Out of Silver by 2026
Worsening silver's global supply-demand balance, the world's largest silver producer, Mexico, could mine all of its existing reserves within two years, causing a detrimental impact to the silver supply deficit.
 
In the macro market, silver production is now declining double digits annually for the first time in almost a decade, thus output this year is expected to fall by 16 million ounces
 
Focused on advancing one of the largest high-grade and underdeveloped precious metal assets in British Columbia's Golden Triangle, Dolly Varden Silver (DV.v DOLLF) is strongly positioned amid this dynamic market.
 
As detailed by its CEO Shawn Khunkhun in "Reawakening of Past Treasures: Our Journey", DV's the Kitsault Valley Project is a large, high-grade and pure silver project located in a safe jurisdiction and in the most unexplored part of the Triangle: https://youtu.be/3oaY-bJ-dRg?si=v6b73u-iWhVB__EH
 
[Project Map]
 
The Golden Triangle has a strong history and marks the richest 20km on the planet for gold, silver and copper mineralization.
 
[Combined Resource Picture]
 
Spanning 163 sq. km., the Project is located south of the high-grade Brucejack and Eskay Creek gold mines and is considered prospective for hosting further precious metal deposits.
 
Growing from a $20M market cap to a $200M in last 3 years, DV has raised $65M from a range of top mining investors and 50% of the company is held by institutional miners including America's largest silver producer, Hecla Mining, as one of their top shareholders.
 
As the precious metals bull market continues to strengthen with gold moving to new highs, DV is committed to continuing to grow mineral inventory.
 
Despite having grown its market cap by 10x, increased its share price by 300%, DV considers itself only 15% of the way through its journey at Kitsault due to the amount of prospectively and new discoveries remaining, Khunkhun concludes.
 
For more information, refer to DV's website: https://dollyvardensilver.com/
Posted on Behalf of Dolly Varden Silver Corp. 

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