NEW: No-Cost Streetwise Live! Events. This type of intellectual capital is usually not made available to the general public. Learn More

Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: DV; DOLLF

Explorer Targeting High-Grade Silver with Summer Drill Program at BC Project
News Update

Share on Stocktwits

Source:

Dolly Varden Silver is focusing both on new targets and expansion drilling.

Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) commenced a 10,000 meter drill program at its flagship Dolly Varden property in northwestern British Columbia, it announced in a news release.

"Multiple silver-rich mineralizing systems, deposits and past producing mines present many target options for exploration at Dolly Varden," President and CEO Shawn Khunkhun said in the release. "Our priority is the discovery of more high-grade silver mineralization."

The Vancouver-based explorer intends to carry out 80% of the drilling in new targets and 20% in high priority areas for potential resource expansion. Initially, it will focus on stepout drilling at the past producing Torbrit mine, the area of the existing current resource. From there, a 4,500-plus meters silver-bearing alteration belt extends to the north.

At the same time, Dolly Varden continues other exploration work. The geology team is continuing with structural mapping and analyses to guide the drill. It is also continuing to sample soil in the western portion of the property to help delineate new gold targets for drilling in late summer.

"We are currently testing for extensions to the mineral resource which has been untouched by historic mining and then will be concentrating on further defining higher grade pockets of silver mineralization," Chief Geologist Rob van Egmond explained.

[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 interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.




Learn More about Streetwise Reports Live

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