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Dolly Varden Silver Corp.
Summary
| Project: | Dolly Varden | |
|---|---|---|
| Deposit: | Dolly Varden | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 9/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-9-2017: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Dolly Varden deposit at the Dolly Varden project. Drilling results incl. 5.75m @ 521g/t Ag, 0.82% Pb, 3.33% Zn from 81.75m. September 27, 2017 – Vancouver, BC: Do | |
| Resources: | (Resource): 3.07Mt @ 321.6g/t Ag (Ind.) and 0.9Mt @ 373.3g/t Ag (Inf.) | |
| CP/QP: | [Overall Report]: Ben Whiting, Robert van Egmond (Internal) | |
| ABSTRACT: | September 27, 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 sixth batch of drill holes from the 2017 program on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. Hole DV17-052, drilled in the Dolly Varden Deposit area, yielded a core length of 5.75 metres (5.66 m true thickness) grading Ag 521.0 g/t, Pb 0.82 % and Zn 3.33 % for a silver-equivalent of 730.8 g/t. Within this interval is 1.00 metres (0.98 m true thickness) grading Ag 1,190.0 g/t, Pb 0.78 % and Zn 3.07 % for a silver-equivalent of 1,384.9 g/t. Most holes in this sixth batch are reconnaissance exploratory holes, including holes in the Western and Central Sectors. Reconnaissance drilling in the Western Sector was performed to test a different style of mineralization, along the gold belt extending southward from the neighbouring gold discoveries of Homestake Ridge, with geochemical soil and rock anomalies for gold and copper. In holes DV17-053 to 056, long intervals of anomalous (50 to 100 ppb gold) are present. Intervals greater than 200 ppb gold (0.2 g/t) are included in the table below. Further examination of the Western Sector is warranted. “Our understanding of the various styles of mineralization continues to advance on the Dolly Varden property as a high-grade, target rich environment” said Gary Cope, President and CEO of Dolly Varden. | |
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