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Transaction Announcement Reports
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Project: | Dolly Varden | |
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Deposit: | Dolly Varden | |
Location: | Canada | |
Commodities: | Silver-Lead-Zinc | |
Date: | 8/21/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 21-8-2017: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Dolly Varden deposit at the Dolly Varden project. Drilling results incl. 13.22m @ 701.8g/t Ag, 0.36% Pb, 1.05% Zn from 23.96m. August 21, 2017 – Vancouver, BC: Do | |
Resources: | (Resource): 3.073Mt @ 321.6g/t Ag (Ind.), 0.899Mt @ 373.3g/t Ag (Inf.) | |
CP/QP: | [Overall Report]: Ben Whiting, Robert van Egmond (Internal) | |
ABSTRACT: | August 21, 2017 – Vancouver, BC: Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce results from five more holes from the 2017 program on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. Holes DV17-044 to 048 were drilled from the north side of the Dolly Varden Deposit Area, which is one of four deposits and over 50 exploration targets on the property. The Dolly Varden Vein strikes east-west and dips to the north. There are post-mineralization faults, which in places offset the vein and adjacent mineralized structures. Holes DV17-044 and 045 may represent the middle base metalrich zone. The 2017 exploration program is ahead of schedule and on budget. It was planned to consist of over 5,000 metres of diamond drilling in about 25 to 35 drill holes. A proposal is being considered to expand the 2017 Exploration program to about 12,000 metres. A drill hole location map of the Mine and Central Sectors area is posted on the Dolly Varden Silver Corporation website at www.dollyvardensilver.com . Dolly Varden Silver Corporation is a mineral exploration company focused on exploration in northwestern British Columbia. Dolly Varden has two projects, the namesake Dolly Varden silver property and the nearby Big Bulk coppergold property. The Dolly Varden property is considered to be highly prospective for hosting high-grade precious metal deposits, since it comprises the same structural and stratigraphic setting that host numerous other, on-trend, highgrade deposits (Eskay Creek, Brucejack). The Big Bulk property is prospective for porphyry and skarn style copper and gold mineralization similar to other such deposits in the region (Red Mountain, KSM, Red Chris). | |
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