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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: | 7/26/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 26-7-2017: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Dolly Varden deposit at the Dolly Varden project. Drilling results incl. 11.8m @ 85.4g/t Ag, 0.67% Pb, 1.32% Zn from 142.8m. July 26, 2017 – Vancouver, BC: Dolly | |
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: | July 26, 2017 – Vancouver, BC: Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce results from the first four holes of the 2017 diamond drilling program on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. The 2017 exploration program will consist of over 5,000 metres of diamond drilling in about 25 to 30 drill holes, with two-thirds allocated to resource validation and expansion and one-third allocated to reconnaissance drilling on targets beyond the current resource estimates. There are over 50 exploration targets on the property. Geological mapping, plus geophysical and geochemical surveys are also underway for both the main Dolly Varden Ag-Pb-Zn Project, as well as the adjacent Big Bulk Cu-Au Project. “It is good to see the silver and base metal results coming in for the Torbrit Deposit. Previous resource estimates only focused on the silver grades and did not include value for the lead and zinc,” said Gary Cope, President and CEO of Dolly Varden. 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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