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Dolly Varden Silver Corp V.DV

Alternate Symbol(s):  DOLLF

Dolly Varden Silver Corporation is a mineral exploration company. The Company is focused on advancing its Kitsault Valley Project, which combines the Dolly Varden Project and the Homestake Ridge Project, which is located in the Golden Triangle of British Columbia, Canada, about 25 kilometers by road to tide water. The 163 square kilometer (sq. km.) project hosts the high-grade silver and gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines. It is prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits, such as Eskay Creek and Brucejack. The Kitsault Valley Project also contains the big bulk property, which is prospective for porphyry and skarn style copper and gold mineralization, similar to other such deposits in the region. Homestake Ridge comprises the 75 sq. km. northern half of the Company’s 163 sq. km.


TSXV:DV - Post by User

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Post by upickmon Aug 17, 2016 2:14pm
165 Views
Post# 25151011

Dolly Varden Hires New Vice President of Exploration

Dolly Varden Hires New Vice President of Exploration

Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the Company or Dolly Varden) reports the appointment of Rory Kutluoglu as the Companys new Vice President of Exploration and Qualified Person (QP) for National Instrument 43-101 purposes. Mr. Kutluoglu, who was Exploration Manager with Kaminak Gold prior to its take over by Goldcorp Inc., will take on these responsibilities from Mr. Ron F. Nichols, who is resigning.

Dolly Vardens board wishes to thank Ron Nichols, who has been a senior executive of Dolly Varden since its inception in 2011, most of the time as Vice President of Exploration but also as the Companys CEO for two years until February 2014. In all of his capacities, and through some very challenging times, Rons deep knowledge of the project and strong optimism for its potential were constant. We wish him all the best in his new endeavors. Rory has the experience, energy, and technical and data skills to lead the exploration on the project. He is eager to get started. We welcome him aboard just as field crews are being mobilized to the site for the start of this years exploration program, said Rosie Moore, Director and Interim President & CEO of Dolly Varden.

Rory Kutluoglu is a Canadian geologist with over a decade of exploration experience in a wide variety of commodities across North America. Rory was Exploration Manager for Kaminak Gold Corporation from 2012 to 2015 and was part of the team that delivered the maiden resource, positive preliminary economic assessment and positive feasibility study for the Coffee Gold Project in the Yukon which was acquired by Goldcorp Inc. in July 2016 for approximately $520 million. Rory began his professional career working on the team that discovered the Broken Hammer deposit in Sudbury for Wallbridge Mining. He then served Aeroquest Surveys Limited, acquiring and processing data from electromagnetic, magnetic and radiometric surveys. From 2006 to 2010, Rory worked as a Project Geologist for Equity Exploration Consultants Ltd., Goldfields Canada and Kiska Metals Corp. where he was responsible for planning, implementing and reporting on grassroots exploration programs across Canada. Rory obtained his Bachelor of Science degree in Geology from Lakehead University in Ontario and has been a Professional Geoscientist, registered with The Association of Professional Engineers and Geologist of British Columbia since 2011 and is also a Fellow of the Society of Economic Geologists.

About Dolly Varden - Dolly Varden Silver Corporation is a mineral exploration company focused on the exploration of the Dolly Varden silver property located in northwestern British Columbia, Canada. The entire Dolly Varden property is considered to be highly prospective for hosting high-grade precious metal deposits, since it comprises the same structural and stratigraphic setting that host numerous other, on-trend, high-grade deposits, such as Eskay Creek and Brucejack. The Companys common shares are listed and traded on the TSX.V under the symbol DV and on the OTCBB system under the symbol DOLLF.

FORWARD-LOOKING STATEMENTS:

This release may contain forward-looking statements or information. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual outcome, results, performance, or achievements of Dolly Varden to be materially different from any future outcome, results, performance, or achievements expressed or implied by the forward-looking statements. Forward looking statements or information relate to, among other things, the continued exploration of the Dolly Varden silver property. These forward-looking statements are based on managements current expectations and beliefs, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.

For additional information on risks and uncertainties, see the Companys most recently filed annual management discussion & analysis (MD&A), which is available on SEDAR at www.sedar.com and on the Companys website atwww.dollyvardensilver.com. The risk factors identified in the MD&A are not intended to represent a complete list of factors that could affect the Company.

Neither the TSX.V nor its Regulation Services Provider (as that term is defined in the policies of the TSX.V) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:

Dolly Varden Silver Corporation

Rosie Moore, Interim CEO and President

+1 604 925 5881

Skanderbeg Capital Advisors Inc.

Mario Vetro

+1 604 687 7130

Email: mario@skanderbegcapital.com

To view this press release as a PDF file, click onto the following link:

https://fscwire.com/sites/default/files/news_release_pdf/DollyVarden08172016.pdf

Source: Dolly Varden Silver Corporation (TSX Venture:DV, OTC Pink:DOLLF) https://www.dollyvardensilver.com/

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