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Dolly Varden Silver Corp.
Summary
| Project: | Dolly Varden | |
|---|---|---|
| Deposit: | Dolly Varden | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 8/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-8-2017: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Dolly Varden deposit at the Dolly Varden project. Drilling results incl. 12.55m @ 514.3g/t Ag, 0.09% Pb, 0.04% Zn from 187.7m. VANCOUVER, Aug. 9, 2017 /CNW/ - Doll | |
| 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: | VANCOUVER, Aug. 9, 2017 /CNW/ - Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the "Company" or "Dolly Varden") is pleased to announce results from the second four holes of the 2017 diamond drilling program on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. Hole DV17-040 – Lower Zone consisted of a core length of 12.55 m (9.89 m true thickness) grading Ag 514.3 g/t, Pb 0.09 % and Zn 0.04 % for a silver-equivalent of 520.2 g/t. Within this Lower Zone interval is 7.00 m (5.52 m true thickness) grading Ag 757.4 g/t, Pb 0.12 % and Zn 0.05 % for a silver-equivalent of 765.1 g/t. Hole DV17-042 – Lower Zone consisted of a core length of 11.70 m (8.27 m true thickness) grading Ag 204.3 g/t, Pb 0.11 % and Zn 0.07 % for a silver-equivalent of 212.7 g/t. Within this Lower Zone interval is 8.72 m (6.17 m true thickness) grading Ag 249.1 g/t, Pb 0.10 % and Zn 0.06 % for a silver-equivalent of 256.5 g/t. The Torbrit Deposit is interpreted as a northwestward plunging synform. The three holes DV17-040 to 042 are located on the southeastern edge of the Torbrit Deposit and fill a gap in the drilling. The deposit is still open to the southeast. Hole DV17-043 is located in the northwest edge of the Torbrit Deposit, 80 metres beyond the intercept in hole DV17-039, the results of which were announced in a News Release on 26 July 2017. The 2017 exploration program is planned to consist of over 5,000 metres of diamond drilling in about 25 to 35 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. | |
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