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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

Post by hallidas1on Jul 26, 2024 12:28pm
150 Views
Post# 36150050

Emailed comentary on the WOLF Deposit by Shawn

Emailed comentary on the WOLF Deposit by Shawn

The Wolf Deposit

 

 

 

The breakthrough discovery at the Wolf Deposit confirms how important it is to hire young talent, give them responsibility, support them and listen closely to their ideas.

At Dolly Varden Silver, we have a strong technical team which includes senior geologists who cut their teeth at Newmont and Hecla.

We also have a pool of younger talent that includes a geologist named Amanda Bennett.  In fact, she is the youngest member of our team.

Amanda has two degrees, one in Biology focusing on Environmental Studies and another degree in Geology focusing on soft rock and hydrology. She rose up quickly through the ranks at Hudbay Minerals and White Gold.

When Amanda joined us in March of 2021, she was a 29-year-old Project Manager, solving problems in the field.  It was obvious she was talented and hungry. I told her “If you see anything of geological interest, come to us with a proposal, if we like it, we’ll designated some meters to test your theory.”

At Dolly Varden, we have archival drill data that goes all the way back to 1910. Amanda started meticulously reviewing the old data, converting some of it from a mine grids into UTM coordinates, and generating 3D models from that.

Amanda zeroed in on the Wolf Deposit as an area of interest. Our VP of Exploration Rob Van Egmond looked her model, and said “Let’s give it a try”.

In December, 2021 we released the first results from Amanda’s Wolf program.  We hit 1,532 g/t Ag over 1.22m core length within a brecciated sulphide-rich quartz vein hosted within a broader pyrite stockwork breccia zone of 17.50m averaging 214 g/t Ag.

This helped us prioritize connecting our historic mines and the deposits of the Dolly Varden Trend with the deposits at Homestake 5.4km to the northwest along the Kitsault Valley Trend.

Wolf is now an important area of focus.

In 2022 we intersected 19.85m (13.90m true width) averaging 584 g/t Ag and 412 g/t Ag over 12.80 meters.

In 2023 we hit 15.94 meters (8.77 meters estimated true width) of 1,499 g/t including coarse, native silver mineralization returning 23,997 g/t Ag.

The silver-rich mineralization hosted by the Wolf vein continues to depth and remains open for expansion to the southwest under the sedimentary cover rocks.






Rising geologist Amanda Bennett developed a theory about the way the silver veins were plunging at Wolf.  She predicted if we moved the drill 30 meters away from the river, we would intersect high grade silver.  She came into Rob’s office, guns blazing.  Rob could see that she was confident in her 3D model.

That was a big lesson for me, as a CEO.  To make sure everyone on this team has a voice, a place a table. Rob and I want everyone to know that if they have a good idea, we will back it.

In the next message, I will talk about out Big Bulk acquisition.

 

Shawn Khunkhun

CEO, President & Director of Dolly Varden Silver


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