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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 1StockInformeron Aug 07, 2024 7:27pm
105 Views
Post# 36168576

Mining Journal Features DV.v in New Article

Mining Journal Features DV.v in New Article

Mining Journal recently featured Dolly Varden Silver (Ticker: DV.v or DOLLF for US investors) in an article highlighting the silver explorer's assets in the Golden Triangle. 


DV's primary asset in the region and main focus is the Kitsault Valley Project, which encompasses several promising deposits and veins. 

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The Project contains the Dolly Varden and Homestake Ridge sites, which boast the following resource estimates


Indicated Resources:

Dolly Varden: 3,417,000 tonnes with an average silver grade of 299.8 g/t (32,931,000 ounces of silver).

Homestake Ridge: 736,000 tonnes with an average silver grade of 74.8 g/t (1,800,000 ounces of silver) and average gold equivalent grade of 7.02 g/t (165,993 ounces of gold).


Inferred Resources:

Dolly Varden: 1,285,300 tonnes with an average silver grade of 277.0 g/t (11,447,000 ounces of silver).

Homestake Ridge: 5,545,000 tonnes with an average silver grade of 100 g/t (17,380,000 ounces of silver) and an average gold equivalent grade of 4.58 g/t (816,719 ounces of gold).


Drilling efforts at the project recently uncovered substantial silver mineralization, underscoring the site's considerable potential. 


A significant find was made at the Moose Vein, where drilling intersected 978 g/t Ag over 5 meters, including a particularly high-grade segment of 3,670 g/t Ag over 0.79 meters.


The findings suggest that the Moose Vein, situated 1.4 kilometers north of the Wolf Vein, could evolve into a major silver deposit within the Kitsault Valley's mineralized trend.


In addition, exploration at the Chance Vein revealed 206 g/t Ag over 23.03 meters, with notable intervals of 597 g/t Ag over 1.4 meters and 749 g/t Ag over 0.5 meters.


Ongoing drilling is anticipated to further delineate these promising zones and deepen the understanding of mineralization within the Kitsault Valley.


Full article here: https://www.mining-journal.com/north-america/news/4341628/dolly-varden-adds-silver-lining-golden-triangle


Posted on behalf of Dolly Varden Silver Corp.

 
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