- Dolly Varden Silver Corporation (DV) has discovered multiple new high-grade gold and silver intercepts at its Homestake Ridge Property in British Columbia
- The company drilled six holes on the Homestake main deposit which all returned high-grade gold and silver values, with some copper mineralization
- In the Homestake silver deposit, five holes were drilled with substantial amounts of silver mineralization
- These latest results are the highest grades reported at the property so far, as well as the highest recorded for the 2022 year within the entire Golden Triangle region
- Dolly Varden Silver Corporation (DV) is up 18.89 per cent, trading at $1.07 per share as of 1:39 p.m. EST
Dolly Varden Silver Corporation (DV) has discovered multiple new high-grade gold and silver intercepts at its Homestake Ridge Property in British Columbia.
The company drilled six holes on the Homestake main deposit, which all returned high-grade gold and silver values, with some notable amounts of copper mineralization as well.
Meanwhile, over at the Homestake silver deposit, five holes were drilled with substantial amounts of silver mineralization, with the highest value being 2,500 grams of silver per tonne over 1.20 metres. Some high-grade gold mixed with trace amounts of copper mineralization was also found.
These latest results are the highest grades reported at the property so far, as well as the highest recorded for the 2022 year within the entire Golden Triangle region.
Shawn Khunkhun, President and CEO of Dolly Varden Silver, commented,
“Coupled with the exceptional grades and thicknesses of silver mineralization encountered in step-out holes at the Wolf and Kitsol deposits, we are demonstrating the impressive precious metal endowment and potential of the Kitsault Valley trend.”
The company’s objective for drilling during 2022 at the Homestake main and silver deposits was to expand multiple subparallel mineralized zones and to upgrade the inferred mineral resources.
A total of 41 holes over 10,472 metres were completed at the main deposit, and 12 holes over 6,076 metres were completed at the silver deposit. An additional three exploration holes for 1,900 meters were also done along the Homestake Ridge trend during the 2022 season.
Dolly Varden Silver Corporation (DV) is up 18.89 per cent, trading at $1.07 per share as of 1:39 p.m. EST.