Vancouver, BC: Dolly Varden Silver Corporation (TSXV: DV) (OTC: DOLLF) (FRK: DVQ1) (the “Company” or “Dolly Varden“) is pleased to announce the first drill results from the 2024 exploration program, intersecting high-grade silver mineralization at the Moose and Chance Veins within the Kitsault Valley Project. Three rigs are currently drilling with 25 holes completed or in-progress.
Highlights include*:
Moose Vein
- DV24-387: 977 g/t Ag over 5.00 meters, including 3,670 g/t Ag over 0.79 meters
Chance Vein
- DV24-388: 206 g/t over 23.03 meters, including 597 g/t Ag over 1.40 meters and 749 g/t Ag over 0.50 meters
*All intervals shown are core length. Estimated true widths vary depending on intersection angles and range from 70% to 90% of core lengths, further modelling of the new interpretation is needed before true widths can be calculated.
“These excellent results from the first hole at the Moose Vein from the 2024 program exhibits similar geological and mineralization features to the Wolf deposit located 1,400 meter south, suggests that this area has potential to emerge into the northernmost silver deposit along the 5 kilometer long trend that also hosts the Dolly Varden, Torbit and North Star deposits. Limited drilling has been completed at Moose and the robust nature of the mineralized structure suggests a strong mineralizing system. Additionally, the first results over a significant width from the Chance Vein are also very encouraging,” said Shawn Khunkhun, CEO of Dolly Varden Silver.
Continue reading at Dolly Varden Silver Corp.
