Dolly Varden Silver Corp DOLLF

DV CEO on Twitter Spaces with CEOTechnician

[MarketMakerss]

New Twitter Spaces with CEO Technician and DV's CEO Shawn Khunkhun: https://twitter.com/CEOTechnician/status/1766145198738796927

 

As detailed by both Streetwise Reports and Ahead of the Herd in its latest coverage, Dolly Varden Silver (DV.v DOLLF) "may need to put "gold" in its name" following the latest 'bonanza-style gold assay results that are reminiscent of the nearby Eskay Creek Mine.

 

Positioned in BC's Golden Triangle, DV is exploring the Kitsault Valley Project, a 140M oz high-grade and pure-silver resource combining the Homestake Silver Deposit and Dolly Varden Mine.

 

The project is located in close proximity to the Eskay Creek Mine which is Canada's highest-grade gold mine which produced over 3M oz of high-grade gold and the 5th largest silver mine in the world with the production of over 160M oz of silver.

 

Notably, DV's latest results demonstrated a high-grade gold potential at the Homestake Main and Homestake Silver Deposits. The step-out drill results at Homestake marked the discovery of a new high-grade gold zone with 79.49 g/t gold (Ag) over 12.45 meters and 1,335 g/t Au over 0.68 meters, and came from a 350m gap between the Main and Silver Zones.

 

Having spent over $40M on exploration since DV's previous resource estimate in 2019, the current silver equivalent resource sits around 140M oz AgEq using $US20/oz silver. However, incorporating the growth of the gold component has DV with a stated gold equivalent resource of 1.5M oz AuEq at US$1650/oz gold.

 

Streetwise Reports Coverage: https://www.streetwisereports.com/article/2024/03/04/is-this-silver-stock-a-potential-gold-powerhouse.html

 

Ahead of the Herd Coverage: https://aheadoftheherd.com/dolly-varden-silver-and-gold-corp-richard-mills/

 

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Earlier this week, DV announced a $15M bought-deal public offering with participation by Eric Sprott. The gross proceeds will be allocated toward further exploration, mineral resource expansion and drilling at the Kitsault Valley Project.

 

Growing from a $20M market cap to a $200M in last 3 years, DV has raised $65M from a range of top mining investors. Almost 50% of the company being held by institutions, with America's largest silver producer, Hecla Mining, as one of their top shareholders alongside Fury Gold Mines and Eric Sprott.

 

However, 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.