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Dolly Varden Silver Corp.

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Summary

Project:

Dolly Varden

Deposit:Kitsol Zone
Location:Canada
Commodities:Silver-Lead-Zinc
Date:12/6/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-12-2018: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Kitsol Zone deposit at the Dolly Varden project. Drilling results incl. 22.15m @ 332.8g/t Ag, 0.45% Pb, 0.22% Zn from 170.0m. December 6, 2018 – Vancouver, BC: Do
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Ben Whiting, Robert van Egmond (Internal)
ABSTRACT:December 6, 2018 – Vancouver, BC: Dolly Varden Silver Corporation (TSXV: ”DV” – OTCBB: ”DOLLF”) (the “Company”, or “Dolly Varden”) is pleased to announce the results of the fifth batch of 12 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 13 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 DV18-135 yielded 22.15 metres (21.81 m estimated true thickness) grading Ag 332.8 g/t, Pb 0.45 % and Zn 0.22 %, for a silver-equivalent of 365.3 g/t. Within this intercept are 4.05 metres (3.99 m estimated true thickness) grading Ag 1,112.7 g/t, Pb 0.32 % and Zn 0.35 %, for a silver-equivalent of 1,146.5 g/t. In the Dolly Varden Mine area, below the historic mine workings, hole DV18-154 yielded 12.32 metres (12.13 m estimated true thickness) grading Ag 189.7 g/t, Pb 0.13 % and Zn 0.74 %, for a silver-equivalent of 235.7 g/t. Within this intercept are 1.47 metres (1.45 m estimated true thickness) grading Ag 1,389.5 g/t, Pb 0.52 % and Zn 0.69 %, for a silver-equivalent of 1,450.3 g/t. Gary Cope, President & CEO, says; “The Kitsol Zone hit is 50 metres away from the high-grade silver intercept announced on November 19th and represents a promising silver target on the property. It is outside of the 2015 resource estimate block model. In viewing the Dolly Varden Property as a whole, it should be noted that there are multiple silver deposits and high-grade silver targets within a 5 kilometre radius.”

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