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Dolly Varden Silver (TSXV:DV) reports highest-grade silver assay found so far on the Kitsault Valley Property

Market News, Mining
TSXV:DV
06 February 2023 16:30 (EDT)
Dolly Varden Silver Corporation - President & CEO, Shawn Khunkhun.

Source: YouTube

Dolly Varden Silver Corporation (DV) discovered the highest-grade silver assay found so far on the Kitsault Valley Property.

The company stated that the final results from drilling during the 2022 season on the Dolly Varden area of the project have been received. Results included significant values from the southern and northern limits of the Wolf Deposit, the southwest Wolf Vein Extension, as well as the East Wolf Vein offset. 

Source: Dolly Varden Silver Corporation

Shawn Khunkhun, President and CEO of Dolly Varden Silver, commented,

“Results from the Wolf Vein continue to exceed expectations, returning the highest-grade silver assay yet received, more than doubling the strike length of the deposit through step outs to the north and south as well as returning wide, robust silver and base metal grades at depth.”

The highest-grade silver assay reported from the project to date was found within hole DV22-329, which returned 23,997 grams of silver per tonne, 1.24 per cent lead, and 0.34 per cent zinc over 0.35 metres. Mineralization remains open for expansion at the deposit.

The company shared that its priority for this year will be to connect the Wolf Deposit with the Kitsol Deposit.

Meanwhile, at the Red Point exploration target, high-grade gold and silver mineralization was discovered with significant copper in strong pyrite-chalcopyrite mineralization in a new area. This mineralization is also wide open for expansion.

Dolly Varden Silver Corporation (DV) is down 1.96 per cent, trading at $1.00 per share as of 4:07 p.m. EST.


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