Yesterday, Dolly Varden Silver (Ticker: DV.v DOLLF) unveiled its strategic plans for the 2024 exploration drilling program at the Kitsault Valley Project.
With a strong focus on advancing their 100% owned Kitsault Valley Project, the company plans an initial 25,000 meters of diamond drilling, commencing with three drills.
The program aims to capitalize on new discoveries and expand upon wide, higher-grade intercepts from the preceding year's drilling efforts, notably at the Homestake Silver and Wolf deposits.
Mobilization is set to begin in the first week of May, allowing for an expedited initiation of exploration activities due to lower snowpacks compared to previous years.
Approximately a third of the drill program's focus will be directed towards the Homestake Silver deposit area, a third towards the Wolf deposit area, and the remaining third towards project-wide exploration targets, each exhibiting promising potential for new discoveries.
At the Wolf Vein, the drilling is designed to delineate the width and extent of the southerly plunge of wider and higher-grade silver mineralization. The strategic placement of step-out holes aims to define the trace of the plunge, ensuring that any new mineralization can be integrated into future resource updates.
Exploration at Homestake Silver will focus on resource expansion and upgrade holes, targeting the low-angle, north-dipping plunge of wide and high-grade gold and silver mineralization encountered in 2023. These efforts aim to build upon previous successes, such as drill hole HR23-416, which intercepted a wide zone with substantial gold and silver grades.
Shawn Khunkhun, CEO of Dolly Varden Silver, emphasized the company's commitment to building upon past successes, stating, "Our drill results from Homestake Silver were among the highest-grade gold and silver intercepts anywhere in the Golden Triangle in 2023; our priority with this early start is to continue with step-outs as well as infill drilling to confirm continuity of the potentially bulk-mineable mineralization."
Full news here: https://dollyvardensilver.com/dolly-varden-silver-outlines-2024-resource-expansion-and-discovery-focused-exploration-drill-program/
Posted on behalf of Dolly Varden Silver Corp.