In an engaging conversation at investment expert and influencer Rick Rule's Symposium in Boca Raton, Florida, Shawn Khunkhun, the CEO of Dolly Varden Silver (Ticker: DV.v or DOLLF for US investors), provided a comprehensive update on the silver explorer's progress and future plans. The dialogue, meticulously documented by Robert Sinn, highlighted Khunkhun’s strategic insights and the impressive outcomes of their recent drilling campaigns.
Dolly Varden Silver's flagship Kitsault Valley Project, located in northwestern British Columbia, consolidates the Dolly Varden, Homestake Ridge and Big Bulk Properties. The project contains a 15-kilometer-long mineralized trend, which hosts several key deposits, including Torbrit, Wolf, and Moose.
The Dolly Varden property is especially notable for its high-grade silver and gold mineralization, with historical production and recent discoveries underscoring its potential. The Torbrit mine, part of the property, was Canada's third-largest silver mine and produced silver at an average grade of 466 grams per tonne for a decade.
Khunkhun discussed the recent drilling results from the Moose deposit, where a high-grade discovery was made with 977 grams per tonne silver over 5 meters with the highest portion reaching 3,600 grams per tonne silver. This discovery is part of a broader exploration effort along a 15-kilometer trend, which Khunkhun believes holds numerous untapped deposits.
Khunkhun’s leadership and vision have been pivotal in transforming perceptions about Dolly Varden. When he took over four years ago, many considered the project an old, exhausted mine with little growth potential. However, innovative approaches, such as exploring beneath the sediment cap, led to the discovery of new deposits like Wolf and Moose, significantly boosting the project's prospects.
The conversation also touched upon the broader strategic landscape. Khunkhun emphasized the importance of the Homestake project, where they discovered a silver-gold system with impressive grades. These discoveries are part of a methodical exploration strategy aimed at continually expanding Dolly Varden’s resource base. The CEO’s commitment to thorough and strategic drilling has resulted in a series of high-grade hits, demonstrating the project’s potential.
Khunkhun expressed a strong desire to list Dolly Varden on a major U.S. exchange, recognizing the limitations of being on the OTC market. He acknowledged the higher costs and liabilities associated with such a move but emphasized the benefits of greater visibility and access to capital.
In summary, Shawn Khunkhun’s stewardship of Dolly Varden Silver exemplifies strategic foresight, resilience, and a deep commitment to unlocking the full potential of the project. His leadership has not only transformed the company’s prospects but also reinforced the importance of innovation and perseverance in the mining sector.
As Dolly Varden continues to grow and attract investor interest, it stands as a shining example of how dedicated management and strategic exploration can yield significant rewards in the junior mining industry.
Read the full transcript of the presentation here:
https://robertsinn.substack.com/p/dolly-varden-silver-ceo-shawn-khunkhun?utm_campaign=post&utm_medium=web&triedRedirect=true
Posted on behalf of Dolly Varden Silver Corp.