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Dolly Varden Silver Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Resource Expansion, Upgrade and Exploration Drilling
Dolly Varden Silver Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Re...
About this update from Dolly Varden Silver Corporation
[{"type":"text","content":"\n \n \n \n Dolly Varden Silver Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Resource Expansion, Upgrade and Exploration Drilling\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 17, 2022\n \n \n /CNW/ - Dolly Varden Silver Corporation (TSXV: DV) (OTC: DOLLF) (the \"\n \n Company\n \n \" or \"\n \n \n Dolly Varden\n \n \n \") is pleased to announce the initiation of field activities on its Kitsault Valley Project, located near tidewater in northwest\n \n British Columbia\n \n . Objectives of the 2022 Program include: upgrade current Inferred Mineral Resources to Measured and Indicated classification, expand known deposits and to discover new silver and gold mineralization along the Kitsault Valley trend of multiple deposits and historic mines.\n \n \n \n Shawn Khunkhun\n \n , President and CEO comments, \"With a robust\n \n $25 million\n \n treasury, a discovery-focused technical team and a target-rich environment, 2022 is setting up to be an historic year for\n \n Dolly Varden Silver\n \n . With strategic and technical input from our supportive corporate shareholder: Hecla Mining, it is our goal to make new silver and gold discoveries as well as to dramatically grow and upgrade resource at our current deposits, setting the Company up to be the next development Project in the Golden Triangle.\"\n \n \n Three diamond drill rigs are being mobilized by barge to the village of\n \n Alice Arm\n \n to complete an initial 99 drill holes Program totaling 30,000 meters along the Kitsault Valley Trend. Camp expansion and infrastructure upgrades are underway to accommodate our expanded exploration team, with a significant contingent of team members of the Nis\n \n g\n \n a'a Nation.\n \n \n \n Dolly Varden's\n \n Kitsault Valley Project currently hosts Indicated Resources of 34.7 million ounces of silver and 166 thousand ounces of gold with additional Inferred Resources of 29.3 million ounces of silver and 817 thousand ounces of gold within multiple outcropping deposits in the 1...