Kerry Lutz's Financial Survival Network just released an exclusive interview with Dolly Varden Silver CEO, Shawn Khunkhun, where he highlighted the company's strategy and recent triumphs take center stage (Ticker: DV.v or DOLLF for US investors).
Major miners and financial institutions have shown escalating interest in DV as exemplified by DV's recent C$15 million raise where prolific mining investor Eric Sprott participated. With this capital raise, DV has secured exploration costs for the next two years. + The company has a lean capital structure, with a mere 8% public float.
DV's Flagship Kitsault Valley Project stands out as a primary silver exploration project, which is relatively rare, as only about 28% of projects on the market are pure-plays.
The project has a rich mineral history, dating back to being the richest silver mine in the British Empire in the 1920s. It is thought to contain about 63-64 million ounces of silver and a million ounces of gold.
DV has struck high-grade gold and silver at its Kitsault Valley, with its most recent discovery being 79.4 g/t gold over 12.35 meters. 1,335 g/t of gold & 781 g/t of silver over 0.68m has also been unearthed. Overall the project's results have surpassed even optimistic expectations.
The Kitsault Valley project's unique attributes, including its bulk-minable ore body and high-grade mineralization, make it an attractive investment opportunity amidst rising metal prices and growing institutional interest in the mining sector.
With this, DV's 2024 drilling season at Kitsault Valley is kicking off early with 3 drills. DV plans to use the discoveries made during this exploration stage to create an updated resource estimate for the project.
Full interview here:
Posted on behalf of Dolly Varden Silver Corp.