Recap of CEO Shawn Khunkhun's On-Site Interview with RCTV In a recent on-site interview at VRIC 2024, Shawn Khunkhun, the CEO, President, and Director of Dolly Varden Silver, provided insights into the company's impressive journey and the potential it holds in the silver mining sector.
As Khunkhun explains, Dolly Varden Silver has been diligently expanding its resource base, identifying a substantial 140 million ounces of high-grade silver at its Kitsault Valley Project in the heart of the Golden Triangle.
The company has attracted attention, particularly from the world's fastest-growing established silver producer, Hecla Mining, which increased its stake in DV by 50%. Khunkhun believes this emphasizes Dolly Varden's appeal as a takeover candidate.
Khunkhun also discussed the company's strategic approach, citing the importance of maximizing returns for shareholders. He outlined the significance of cost-effective exploration to increase the mineral inventory, highlighting the potential for a takeover as the most efficient path to enhance shareholder value.
The CEO also delved into the ongoing exploration efforts, aiming to determine the relationships between deposits. With a rich history, including being the site of Canada's third-largest silver mine, Dolly Varden Silver aims to leverage its past success to uncover new opportunities.
The company's exploration activities, backed by significant capital investment and institutional ownership, have yielded promising results, with pending drill hole data indicating potential connections between deposits.
Khunkhun discussed the company's vision for the future, hinting at the possibility of a 200 to 300 million ounce project, and he outlined plans for an updated Mineral Resource Estimate (MRE) expected in Q1 2025.
The conversation also touched upon the intrinsic value of silver and its historical performance, with Khunkhun expressing optimism about silver's potential to outperform gold, especially considering the growing industrial demand driven by applications like solar technology.
Full interview here:
Posted on behalf of Dolly Varden Silver Corp.