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Dolly Varden (TSXV:DV) extends silver mineralization at Wolf Vein

Mining, The Watchlist
TSXV:DV
24 November 2022 11:30 (EDT)

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Dolly Varden (DV) has dramatically extended silver mineralization at the Wolf Vein, part of the company’s Kitsault Valley Project.

Drill intercepts outside of the high-grade silver shoots encountered anomalous silver mineralization within broad potassic alteration halos underneath a cap of sedimentary rocks. The continuity of silver mineralization underneath the sedimentary cover near the bottom of the Kitsault Valley is resulting in new, blind silver discoveries within the century-old Dolly Varden silver mining camp.

Mineralization remains wide open for expansion, with further assays pending from the 2022 season.

CEO, President & Director Shawn Khunkhun sat down with Daniella Atkinson to highlight the results.

“Dolly Varden Silver’s wide-spaced step-out drilling this season has more than doubled the strike length of the Wolf Deposit, as well as extended high-grade silver mineralization to over 750 meters in dip extent. The highest grades are within robust, vein-hosted mineralization that is potentially amenable to underground bulk mining methods. We eagerly anticipate additional drilling results from the 2022 season at Wolf, Homestake Main, Homestake Silver and Red Point.”

Drill hole assays for Wolf Deposit extension drilling

Hole IDFromToCore
Length
(m)
True
Width
(m)
Ag
(g/t)
Pb
(%)
Zn
(%)
Au
(ppm)
AgEq
(g/t)
DV22-302397.05415.8518.811.28170.360.63NSV52
DV22-304396.50413.5017.0011.56480.330.51NSV79
DV22-307NSV
DV22-311699.90712.712.805.384120.822.14NSV522
including706.00708.152.150.9016462.383.100.101845
DV22-314NSV
DV22-316449.50592.85143.3571.650.48
Vein 1466.80484.7017.908.953150.480.23NSV340
including466.80476.609.804.905510.810.30NSV584
including472.50476.103.601.8010491.730.29NSV1117
including474.80475.600.800.4020804.100.210.102224
Vein 2501.25538.0036.7518.37780.240.75NSV118
Including513.80527.0013.206.601110.511.370.08185
Vein 3567.54572.154.612.30290.130.47NSV52

Dolly Varden Silver is a mineral exploration company focused on advancing its 100-per-cent held Kitsault Valley Project in B.C.’s Golden Triangle.

Dolly Varden Silver Corp. (DV) opened trading at $0.69 per share.


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