Dolly Varden Silver Corp. (Ticker: DV.v or DOLLF for US investors) recently shared its strategic blueprint for the 2024 exploration drilling program at its 100%-owned Kitsault Valley Project.
This project contains two adjoining properties, Homestake and Dolly Varden. The Dolly Varden Silver Property in particular boasts a rich history dating back to its discovery in 1909. Over the past century.
Building on Prior Discoveries
The initial phase of DV plan entails 25,000 meters of diamond drilling, employing three drills.
The objective of the program is to capitalize on recent discoveries and expand upon substantial, higher-grade intercepts from the previous year's drilling endeavors, particularly at the project's Homestake Silver and Wolf deposits.
Mobilization and Focus Areas
Mobilization is commencing early, allowing for a prompt initiation of exploration activities due to decreased snowpacks compared to prior years. Approximately one-third of the drill program's focus will be directed towards the Homestake Silver deposit area, another third towards the Wolf deposit area, and the remaining third towards project-wide exploration targets, all exhibiting promising potential for new discoveries.
The Wolf Vein
At the Wolf Vein, the drilling strategy is aimed at delineating the width and extent of the southerly plunge of wider and higher-grade silver mineralization. The positioning of step-out holes is strategic, intending to define the trace of the plunge to incorporate any new mineralization into future resource updates.
Homestake Silver
Exploration at Homestake Silver will concentrate on resource expansion and upgrade holes, targeting the low-angle, north-dipping plunge of wide and high-grade gold and silver mineralization discovered in 2023. These efforts aim to build upon past successes, such as drill hole HR23-416, which intercepted a wide zone with substantial gold and silver grades.
CEO's Perspective
Shawn Khunkhun, CEO of Dolly Varden Silver, underscored the company's dedication to building upon past achievements, emphasizing, "Our drill results from Homestake Silver were among the highest-grade gold and silver intercepts anywhere in the Golden Triangle in 2023; our priority with this early start is to continue with step-outs as well as infill drilling to confirm continuity of the potentially bulk-mineable mineralization."
Full news here: https://dollyvardensilver.com/dolly-varden-silver-outlines-2024-resource-expansion-and-discovery-focused-exploration-drill-program/
Posted on behalf of Dolly Varden Silver Corp.