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.
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.