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Dolly Varden Silver Corp DOLLF


Primary Symbol: V.DV

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

Post by 1StockInformeron May 09, 2024 8:17pm
145 Views
Post# 36032526

DV.v 2024 Exploration Strategy Overview

DV.v 2024 Exploration Strategy Overview

Dolly Varden Silver Corp. (Ticker: DV.v or DOLLF for US investors) recently shared its strategic blueprint for the 2024 exploration drilling program at its 100%-owned Kitsault Valley Project.


This project contains two adjoining properties, Homestake and Dolly Varden. The Dolly Varden Silver Property in particular boasts a rich history dating back to its discovery in 1909. Over the past century.


Building on Prior Discoveries

The initial phase of DV plan entails 25,000 meters of diamond drilling, employing three drills.

The objective of the program is to capitalize on recent discoveries and expand upon substantial, higher-grade intercepts from the previous year's drilling endeavors, particularly at the project's Homestake Silver and Wolf deposits.


Mobilization and Focus Areas

Mobilization is commencing early, allowing for a prompt initiation of exploration activities due to decreased snowpacks compared to prior years. Approximately one-third of the drill program's focus will be directed towards the Homestake Silver deposit area, another third towards the Wolf deposit area, and the remaining third towards project-wide exploration targets, all exhibiting promising potential for new discoveries.

User image


The Wolf Vein

At the Wolf Vein, the drilling strategy is aimed at delineating the width and extent of the southerly plunge of wider and higher-grade silver mineralization. The positioning of step-out holes is strategic, intending to define the trace of the plunge to incorporate any new mineralization into future resource updates.


Homestake Silver

Exploration at Homestake Silver will concentrate on resource expansion and upgrade holes, targeting the low-angle, north-dipping plunge of wide and high-grade gold and silver mineralization discovered in 2023. These efforts aim to build upon past successes, such as drill hole HR23-416, which intercepted a wide zone with substantial gold and silver grades.


CEO's Perspective

Shawn Khunkhun, CEO of Dolly Varden Silver, underscored the company's dedication to building upon past achievements, emphasizing, "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.

 
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