DV Expands Exploration Program (Article & Video Breakdown) As recently highlighted in a Global Stocks News Article, Dolly Varden Silver Corporation (Ticker: DV.v or DOLLF for US investors) recently announced an expansion of its exploration drilling program, following positive results from the Wolf Vein high-grade silver plunge expansion.
Full article: https://www.thenewswire.com/press-releases/1LpMF7eMo-video-enhanced-3-drill-rigs-turning-dolly-varden-silver-announces-additional-7-000-meters-drilling-on-the-back-of-wolf-results.html
DV's flagship project, the Kitsault Valley Project, is located in British Columbia's Golden Triangle, a region known for its rich silver and gold deposits. The project spans 163 square kilometers and includes the recently consolidated Big Bulk project, which holds potential for porphyry and skarn-style copper and gold mineralization.
Global Stocks News provides an in-depth overview of Dolly Varden’s recent drilling success at the Wolf Vein and expansion of its exploration efforts, highlighting the company's impressive recent silver results including:
-Drill hole DV24-408 which averaged 513 g/t silver, 2.95% lead and 1.82% zinc over 27.19 meters
Notably, Both drill holes were drilled on the same vertical section, separated by 44 meters, demonstrating the mineralized zone’s expansion as it plunges to the southwest.
These promising results have prompted Dolly Varden to increase its 2024 exploration program from 25,000 meters to 32,000 meters.
Currently, three drill rigs are active, with one concentrating on the Homestake Silver Deposit. Exploration is aimed at expanding resources identified in 2023, particularly in high-grade gold and silver zones. Step-out drilling along the upper portion of the Wolf Vein plunge is prioritized for the remainder of the season, with the goal of confirming further expansion of mineralized zones.
Dolly Varden’s resource inventory has increased by 300% in the past four years due to acquisitions and exploration success. The company plans to integrate drilling data from post-2019 exploration efforts into the next resource estimate, showcasing the full potential of the Kitsault Valley Project.
The article highlights a recent interview with HTZ Cap, where Dolly Varden CEO, Shawn Khunkhun, discussed the growing demand for silver, particularly from the solar industry, which is projected to drive a significant supply squeeze by 2025 due to increasing industrial consumption.
Full video:
Posted on behalf of Dolly Varden Silver Corp.