TSXV:DV - Post Discussion
Post by
MarketMakerss on Jan 30, 2024 7:03pm
DV on MiningStockDaily: Plan Ahead, 2023 Drilling & Big Bulk
"95% of our resources going forward are going to go to continuing to unlock the high grade silver and gold mineralization. We're going to keep doing what we've done that's made us successful but I'd like to take 5% to put a few holes in Big Bulk."
Boasting a strong trading day with 7x the average volume, Dolly Varden Silver (DV.v DOLLF) has emerged as a strong opportunity with its high-grade and pure silver project in the Golden Triangle.
Allocating the majority of its resources toward its Kitsault Valley project, DV is focused on continuing to unlock high-grade silver and gold mineralization.
Located at the heart of the Golden Triangle with 140M ounces of high-grade silver, the Kitsault Valley Project is a large, high-grade and pure silver project that consolidates Dolly Varden and Homestake Ridge to span 163 square km, with a high-grade gold system to the north.
With one-third of the assay results pending, DV recently completed the biggest program on the project, drilling over 51,500m.
The latest drill holes released significantly expanded both the width and extent of the reinterpreted high-grade silver and gold mineralized plunge with stand-out intersections including 93.95m of 357g/t AgEq (the length of a city block) and 9,422 g/t AgEq over 1.02m.
Once all results have been released, DV will combine the assays with historic drilling to determine the focus of its 2024 drill program.
Notably, DV is held by the most respected silver investors on the planet including Hecla Mining, Eric Sprott and Fidelity with strategic and institutional investors owning over 50% of the company.
Growing from a $20M market cap to a $200M in the 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.
Despite having grown its market cap by 10x and 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.
Posted on Behalf of Dolly Varden Silver Corp.
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