Dolly Varden Silver Corporation's Promising Silver Discovery Dolly Varden Silver Corporation (ticker: DV.v or DOLLF for US investors), recently revealed positive drill results from its 2023 program at the Homestake Silver deposit in BC’s Golden Triangle.
Results include the discovery of a substantial zone of exceptional precious metal grades, significantly expanding the high-grade silver and gold mineralized plunge.
The standout result comes from drill hole HR23-416, where a mineralized envelope of 357 g/t AgEq (1.74 g/t Au, 213 g/t Ag) over 93.95 meters was intersected. This includes internal breccia vein intervals grading as high as 9,422 g/t AgEq (55.40 g/t Au, 4,830 g/t Ag) over 1.02 meters. Such high-grade intercepts showcase the potential for bulk underground mining methods.
The structural reinterpretation work at the Homestake Silver Zone utilized insights gained from the Homestake Main gold zone. According to Rob Van Egmond, P.Geo, Vice President of Exploration, the reinterpretation has led to the discovery of high-grade pathways within a continuous mineralized envelope with average precious metal grades above the average resource grades and over much wider intervals than anticipated.
The Homestake Ridge deposits, where the drilling occurred, are interpreted as structurally controlled, multi-phase epithermal vein stockwork and vein breccia systems hosted in Jurassic-aged Hazelton volcanic rocks.
The high-grade gold and silver mineralization remains open in various directions, as demonstrated by drill hole HR23-411, a 50m step-out (down-dip) from the southeastern end of Homestake Silver.
Dolly Varden Silver plans to release finalized results for the remaining drill holes, including 25 at Homestake Main, 4 at Homestake Silver northern extension, 6 at Homestake Ridge property, and 12 at the southern Dolly Varden property.
Overall the drill results mark a significant milestone for Dolly Varden, unveiling a promising expansion of the high-grade silver and gold mineralized plunge at the Homestake Silver deposit.
The potential for bulk underground mining methods adds a new dimension to the strategic value of this discovery.
Press Release: https://dollyvardensilver.com/dolly-varden-silver-intersects-93-95-m-of-357-g-t-ageq-including-9422-g-t-ageq-over-1-02m-expanding-homestake-silver-high-grade-trend/
Posted on behalf of Dolly Varden Silver Corp.