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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 27, 2024 7:24pm
153 Views
Post# 36198577

DV.v CEO Highlights Drilling Results, incl 9.3m @ >1k g/t Ag

DV.v CEO Highlights Drilling Results, incl 9.3m @ >1k g/t Ag

Dolly Varden Silver Corp. (Ticker: DV.v or DOLLF for US investors) has been releasing  significant drilling results from its ongoing exploration program at the Kitsault Valley Silver and Gold Project. 

Among these results include 1,091 g/t silver over 9.38 meters in step-out drilling at the Wolf Vein.

r/Wealthsimple_Penny - VIDEO SUMMARY POST: Dolly Varden Silver (DV.v/DOLLF) CEO Highlights Drilling Results from Kitsault Valley Silver Project Including 1,091 g/t Silver Over 9.38m

In a recent video discussion with Arcadia Economics, CEO Shawn Khunkhun highlighted the significance of this discovery, noting that the high-grade intersection is not only exceptional in its silver content but also in the width of the mineralized zone. 

The step-out drilling was conducted 40 meters from the known Wolf Vein, expanding the deposit and showing increasing grades and widths as the team continues to explore the deposit down plunge.

Khunkhun emphasized the strategic importance of the Kitsault Valley project, which is located in the prolific Golden Triangle of British Columbia, an area known for producing large quantities of silver and gold over the past century. 

The project has already demonstrated a kilometer of strike length, with high-grade silver being deposited within volcanic rocks rather than sedimentary layers, a characteristic that enhances the predictability of further mineralization.

As of the time of the interview, DV completed 8,000 meters of a planned 25,000-meter drilling program, with more assay results pending. 

This drilling campaign includes the use of directional drilling techniques to explore different directions from a single "mother" hole, which could further expand the resource base.

Dolly Varden is well-funded, with $14 million in the bank, and is supported by significant shareholders, including Hecla Mining and Eric Sprott. The company's focus remains on increasing its silver inventory, with plans for a future resource estimate to reflect the new discoveries.

The company’s commitment to growing its mineral inventory and the strong support from both the technical team and shareholders suggest that Dolly Varden is well-positioned to continue delivering high-grade results in the coming months.

Full interview here: 

Posted on behalf of Dolly Varden Silver Corp.

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