Exploration activities at Dolly Varden Silver's (DV.v DOLLF) Homestake Ridge property have reached a significant milestone, advancing the company's goal of unveiling the project's valuable mineral resources.
Particularly noteworthy is the identification of a novel gold-enriched zone in the northwest sector of the Homestake Silver Deposit.
During the 2023 step-out drilling campaign, promising findings emerged, exemplified by notable intersections like:
- 79.49 g/t Au and 60 g/t Ag over 12.45 meters, peaking at 1,335 g/t Au and 781 g/t Ag over 0.68 meters.
- 43.10 g/t Au and 66 g/t Ag over 1.01 meters, in addition to 40.33 g/t Au and 418 g/t Ag over 1.75 meters.
- 10.17 g/t Au over 6.61 meters, with a peak of 50.70 g/t Au over 0.62 meters.
These findings underscore the considerable potential of the Homestake Ridge property, reinforcing its standing as a prominent, untapped gold-silver corridor in Canada.
DV's exploration endeavors at Homestake Ridge exemplify the company's unwavering commitment to discovering new prospects. The identification of parallel formations and exploration targets further emphasizes the expansive opportunities within the region.
In addition to the Homestake Ridge activities, Dolly Varden's exploration initiatives extended to the Dolly Varden property, yielding promising outcomes in areas such as Red Point and North Star. Notably, a drill hole at Red Point returned 1.92 g/t Au over 13.10 meters, and a hole at North Star returned 292 g/t AgEq over 18.10 meters including 1,510 g/t Ag 0.58 meters, demonstrating the area's prospectivity.
These results underscore Dolly Varden's dedication to exploration and its endeavor to unlock significant value for stakeholders. With plans for further drilling in 2024 to build upon these promising findings, the company remains well-positioned for sustained success in its pursuit of valuable mineral discoveries.
Results here: https://dollyvardensilver.com/dolly-varden-silvers-step-out-drilling-at-homestake-ridge-discovers-new-high-grade-gold-zone-79-49-g-t-au-over-12-45m-including-1335-g-t-au-over-0-68m/
Posted on behalf of Dolly Varden Silver Corp.