Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: DV; DOLLF

Company to Drill Through Fall Season at British Columbia Property
News Update

Share on Stocktwits

Source:

Dolly Varden Silver begins using a second rig at the project for discovery-focused exploration.

In a news release, Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced it is expanding the current drill program at its Dolly Varden property in northwestern British Columbia.

"We are prepared to continue exploring through the fall season with the purpose of maximizing the results of our drill plan and budget," President and CEO Shawn Khunkhun said in the release.

The Vancouver-based explorer noted it will begin using a second rig, which is now on site, to drill along the trend of alteration and high-grade silver mineralization that runs 4,500 meters northward from the Torbrit deposit. The silver mineralization there is composed of two distinct types: one, stratiform exhalative and, two, epithermal banded-vein with associated lead and zinc sulphides.

"Torbrit hosts our highest-grade area of the current mineral resource with overlapping styles of high-grade silver mineralization," Khunkhun added.

Dolly Varden noted it is also is planning additional drilling at the Canadian property to expand the existing resource there and support future engineering studies.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Dolly Varden. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.





Want to read more about Gold and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe