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Dolly Varden Silver Corp.
Summary
| Project: | Dolly Varden | |
|---|---|---|
| Deposit: | Dolly Varden | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 11/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-11-2019: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Dolly Varden deposit at the Dolly Varden project. Drilling results incl. 12.65m @ 58.7g/t Ag, 0.14% Pb, 0.03% Zn from 34.35m. November 19, 2019 – Vancouver, BC: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Whiting, Robert van Egmond (Internal) | |
| ABSTRACT: | November 19, 2019 – Vancouver, BC: Dolly Varden Silver Corporation (TSXV: ”DV” – OTCBB: ”DOLLF”) (the “Company”, or “Dolly Varden”) is pleased to announce the completion of the 2019 diamond drilling program. The Dolly Varden Silver Property is situated in “The Golden Triangle” of northwestern British Columbia, Canada. In total, 44 drill holes consisting of 11,863 metres were drilled in 2019 on twelve exploration targets. The majority of these holes were reconnaissance tests in the potassic alteration belt north of the resource area. Gary Cope, President & CEO, says; “Our understanding of the structural setting of silver mineralization in the extensive potassic alteration belt continues to improve as a result of the 2019 drilling program. Five target areas have yielded silver values which will require follow-up testing, including excellent results from the Chance area. In addition, there are still multiple targets in the potassic alteration belt, as well as targets in the western gold belt, which have yet to be tested.” Results from the Chance Target Area, four kilometres north of the Torbrit deposit, were released on July 23 and August 7, 2019. A top intercept for the Chance Target was hole DV19-173, which yielded 15.20 metres (13.16 m estimated true thickness) grading Ag 488.3 g/t, Pb 0.55 % and Zn 0.05 %, for a silverequivalent of 513.0 g/t. Within this intercept are 5.60 metres (4.85 m estimated true thickness) grading Ag 1,043.8 g/t, Pb 1.39 % and Zn 0.09 %, for a silver-equivalent of 1,103.4 g/t. | |
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