DV CEO Discussing Latest Results on Twitter Spaces Following yesterday's announcement of the intersection of 1,091g/t Silver over 9.38m at the Wolf Vein, Dolly Varden Silver's (DV.v DOLLF) CEO Shawn Khunkhun joined CEO Technician on Twitter Spaces to discuss the implication of these latest results: https://x.com/silvervarden/status/1823203577235685670?s=48&t=KPtXKcNQ2xEKPTH3vKKekg
Promising Initial Results from the Wolf Vein Step-Out Directional Drilling
- Significant silver mineralization was found in a 40-meter southwest step-out
- Grades of 1,091 g/t silver over 9.38 meters, including higher grades over a shorter interval.
- Part of an ongoing 25,000-meter program aimed at expanding and infilling high-grade silver mineralization at the Wolf Vein
- Use of directional drilling to precisely target areas, with further drilling to the southwest prioritized.
- Additional assays from other drill holes are pending.
Notably, Wolf Vein is hosted in Jurassic-age volcanic rocks and shows a structurally controlled, multi-phased epithermal vein system with significant silver and base metal content with mineralization extending over 950 meters and remaining open for further exploration.
The Silver Sector, Market Reaction & Silver Exposure
- Use of cash instead of shares in CISCO's latest M&A highlights a belief that cash is losing value, and that the company's shares are undervalued
- Challenging to gain exposure to new silver discoveries
- Bullish sentiment surrounding silver equities
- Recent results brought DV's stock back to a dollar
- DV is one of the few companies globally growing a high-grade pure silver deposit
- Acquiring a district-scale project is critical for long-term success in mining
The Significance of British Colombia's Golden Triangle:
- Strong mining jurisdiction with significant mining support and geological potential.
- Frist 100 yeas of mining identified 5 million ounces of gold
- Last 30 years produced 150 million ounces of gold and 1.2 billion ounces of silver
- The Triangle rivals some of the greatest precious metal camps worldwide.
- DV has had some of the best drill results in the Golden Triangle region over the last two years, with VZLA being a key competitor in the silver space.
Kitsault Valley Project:
- The project was previously a producer with substantial resources in the ground.
- The current focus is on expanding known deposits, particularly through drilling at the Wolf Vein, which has shown strong potential for high-grade silver growth.
- Directional drilling (mother and daughter holes) saved around $1.6 million.
- 20,000 meters of drilling completed, with more assays pending.
- Additional drilling planned at Homestake with significant expansion potential.
Drilling Program Expansion:
- The current program is 25,000 meters, with potential expansion indicating positive results and a desire to continue exploration.
- Focus areas include the two Homestake deposits (Silver & Main) and the gap zone, which remains open.
For more information, refer to a previous interview with DV's Shawn Khunkhun, "The REAL Silver Squeeze is Coming": https://www.youtube.com/watch?v=pUyLxu5iqFU&t=60shttps://www.youtube.com/watch?v=qbbDsO_vx60
Posted on Behalf of Dolly Varden Silver Corp.