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Dolly Varden Silver Corp.
Summary
| Project: | Dolly Varden | |
|---|---|---|
| Deposit: | Chance Target | |
| Location: | Canada | |
| Commodities: | Gold-Lead-Zinc | |
| Date: | 7/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-7-2019: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Chance Target deposit at the Dolly Varden project. Drilling results incl. 26.50m @ 385.4g/t Ag, 0.24% Pb, 0.09% Zn from 4.00m. July 23, 2019 – Vancouver, BC: Doll | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Whiting, Robert van Egmond (Internal) | |
| ABSTRACT: | July 23, 2019 – Vancouver, BC: Dolly Varden Silver Corporation (TSXV: ”DV” – OTCBB: ”DOLLF”) (the “Company”, or “Dolly Varden”) is pleased to announce the results of the first batch of 4 drill holes from the 2019 diamond drilling program. These holes are in the Chance Target Area, four kilometres north of the Torbrit Mine deposit. The Dolly Varden Silver Property is situated in “The Golden Triangle” of northwestern British Columbia, Canada. In the Chance Target Area, hole DV18-165 yielded 26.50 metres (24.90 m estimated true thickness) grading Ag 385.4 g/t, Pb 0.24 % and Zn 0.09 %, for a silver-equivalent of 399.4 g/t. Within this intercept are 5.00 metres (4.70 m estimated true thickness) grading Ag 1,606.5 g/t, Pb 0.86 % and Zn 0.26 %, for a silver-equivalent of 1,653.5 g/t. Also in the Chance Target Area, hole DV18-166 yielded 20.65 metres (10.33 m estimated true thickness) grading Ag 233.0 g/t, Pb 0.45 % and Zn 0.09 %, for a silver-equivalent of 255.3 g/t. Within this intercept are 7.90 metres (3.95 m estimated true thickness) grading Ag 471.7 g/t, Pb 0.81 % and Zn 0.09 %, for a silver-equivalent of 508.0 g/t. Gary Cope, President & CEO, says; “The high-grade silver intercepts in the Chance Target Area are very encouraging as they are outside of the current mineral resource estimate. In viewing the Dolly Varden Property as a whole, it should be noted that there are multiple silver deposits and high-grade silver targets within a 5 kilometre radius.” | |
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