For thousands of other reports visit RSC's Mineral Intellingence Map

Dolly Varden Silver Corp.

opaxe

Summary

Project:

Dolly Varden

Deposit:Dolly Varden
Location:Canada
Commodities:Silver-Lead-Zinc
Date:8/29/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:29-8-2017: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Dolly Varden deposit at the Dolly Varden project. Drilling results incl. 22.74m @ 433.3g/t Ag, 0.74% Pb, 0.22% Zn from 415.8m. August 29, 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 29, 2017 – Vancouver, BC: Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce results from drilling on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. Hole DV17-063 was drilled in the Central Sector and hit two zones of high-grade silver. Furthermore, the Board of Directors has approved an expansion to the 2017 exploration program budget from $3.5 million to $6.5 million. Hole DV17-063 was drilled to test the position of the Moose-Lamb Fault and to continue down to the area of the high-grade silver hit in the Dolly Varden-Torbrit Horizon (DVTH), previously announced in hole DV17-058 (news release dated 14 August 2017). Along the projection of the Moose-Lamb Fault, hole DV17-063 intersected epithermal vein-style mineralization and further down the hole intersected the VMS-style mineralization of the DVTH. This location of the DVTH is 220 metres north and 200 metres deeper than the north side of the Torbrit Deposit. The Moose-Lamb Fault is a syn-basinal structure, striking northwest-southeast and dipping steeply to the southwest. The DVTH is a horizon of VMS (volcanogenic massive sulphide) type, with jasper and barite enriched near the top and sulphides with smoky quartz present in the lower portions. At the end of July, the 2017 exploration program was ahead of schedule, had drilled more metres than planned and was on budget. A proposal to expand the exploration budget by a further $3 million and increase the drilling to greater than 12,000 metres was approved by the Board

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report