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Dolly Varden Silver Corp.
Summary
| Project: | Dolly Varden | |
|---|---|---|
| Deposit: | Kitsol Zone | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 11/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-11-2018: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Kitsol Zone deposit at the Dolly Varden project. Drilling results incl. 31m @ 302.2g/t Ag, 0.26% Pb, 0.41% Zn from 146.0m. November 19, 2018 – Vancouver, BC: Dol | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Whiting, Robert van Egmond (Internal) | |
| ABSTRACT: | November 19, 2018 – Vancouver, BC: Dolly Varden Silver Corporation (TSXV: ”DV” – OTCBB: ”DOLLF”) (the “Company”, or “Dolly Varden”) is pleased to announce the results of the fourth batch of 29 drill holes from the 2018 diamond drilling program. In total, this year’s program consisted of 29,108 metres in 84 drill holes. There are still 25 drill holes to be announced pending receipt of assays. The Dolly Varden Silver Property is in “The Golden Triangle” of northwestern British Columbia, Canada. In the Kitsol Zone, located 1.5 km northwest of the Torbrit Mine, hole DV18-131 yielded 31.00 metres (30.38 m estimated true thickness) grading Ag 302.2 g/t, Pb 0.26 % and Zn 0.41 %, for a silver-equivalent of 336.2 g/t. Within this intercept are 10.00 metres (9.80 m estimated true thickness) grading Ag 431.5 g/t, Pb 0.08 % and Zn 0.23 %, for a silver-equivalent of 447.8 g/t. In the Dolly Varden Mine area, below the historic mine workings, hole DV18-142 yielded two zones the lower of which is base metal rich and contained 7.85 metres (6.01 m estimated true thickness) grading Ag 71.2 g/t, Pb 5.43 % and Zn 3.92 %, for a silver-equivalent of 532.6 g/t. Within this intercept are 1.2 metres (0.92 m estimated true thickness) grading Ag 110.9 g/t, Pb 20.77 % and Zn 8.36 %, for a silverequivalent of 1,506.7 g/t. Gary Cope, President & CEO, says; “The Kitsol Zone represents a promising high-grade silver target on the property. It is outside of the 2015 resource estimate block model. In addition, base metals in the lower projection of the Dolly Varden Mine area are becoming a significant part of the Dolly Varden story.” The Musketeer and Goldbelt exploration holes have been recorded in two tables separately from the Torbrit and Dolly Varden Mines area. The Musketeer area is located approximately 2.5 km north of the Torbrit Mine in the same structural and alteration trend. The Goldbelt is a gold-silver-copper target area on the western side of the Kitsault River, 3.5 km northwest of the Torbrit Mine. | |
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