Dolly Varden Silver Corp. (Ticker: DV.v or DOLLF for US investors) has recently disclosed compelling drill results from its Homestake silver deposit, marking a significant development for the company. The results encompass 23 drill holes spanning approximately 12,150 meters of the deposit.
Of particular note is drill hole HR23-419, revealing 315 grams per tonne (g/t) of silver equivalent (AgEq) across 79.20 meters, including 1,508 g/t AgEq across 9.22 meters and 7,572 g/t AgEq over 1.05 meters.
Additionally, drill hole HR23-416 exhibited 357 g/t AgEq across 93.95 meters, with standout sections including 2,802 g/t AgEq across 9.16 meters, 4,176 g/t AgEq over 2.26 meters, and 9,422 g/t AgEq over 1.02 meters. These results highlight the substantial precious metal grades in the area, potentially conducive to bulk underground mining methods.
Drill holes HR23-416 and HR23-419 not only delivered impressive results but also provided valuable geological insights into the area surrounding the historical drill hole HR09-161, adding depth to the understanding of the region.
These positive developments have attracted attention from analysts and newsletter writers. Notably, Rick Mills of Ahead of the Herd emphasized the persistent strength of the silver market, attributing it to the silver deficit and increased demand from the electronics and green energy sectors.
Further endorsing Dolly Varden's prospects, Mills highlighted strategic investments from Hecla Mining Co. and Eric Sprott. He commented, "It's a quality company with a quality project, and it is one of my favorites in the silver space." Chris Temple of The National Investor also rated the company as a "Buy," emphasizing the promising gold and silver findings in the Kitsault Valley Project.
Full article here: https://www.streetwisereports.com/article/2024/01/22/silver-co-reveals-extraordinary-drill-results-from-golden-triangle.html
Posted on behalf of Dolly Varden Silver Corp.