In a recent interview with Kitco Mining, Shawn Khunkhun, CEO of Dolly Varden Silver Corp. (Ticker: DV.v or DOLLF for US investors), shared insights into his bullish outlook for the silver sector and DV's focus on advancing its exploration projects.
DV's 100% owned Kitsault Valley project positions the company as a high-potential player in the Golden Triangle—a region known for significant mining activities, including Newmont's Brucejack mine.
The Kitsault Valley Project has shown the potential to host more than 100 million ounces of silver yet to be discovered at DV, alongside promising gold assets.
Drilling has already intercepted high-grade silver at the project's Wolf deposit, and assays from 25 drill holes at the Homestake site are still pending.
DV's three main objectives for the current exploration season include:
Discussing the broader market, Khunkhun expressed optimism about precious metals, citing a favorable environment driven by Federal Reserve easing, geopolitical uncertainties, and increased ETF buying.
Silver often lags behind gold in bull markets but can eventually outperform it. Given the current setup, Khunkhun believes it would be "shocking" if silver did not reach new all-time highs by 2025, especially as industrial demand continues to rise alongside dwindling mine supply.
Looking ahead, DV is focused on increasing its mineral inventory through both exploration and potential mergers and acquisitions. With a solid balance sheet and $40 million in the bank, the company is well-positioned to capitalize on opportunities in the evolving market.
Full interview video here:
Posted on behalf of Dolly Varden Silver Corp.