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Dolly Varden Silver Corp.
Summary
| Project: | Dolly Varden | |
|---|---|---|
| Deposit: | Torbrit East | |
| Location: | Canada | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 12/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-12-2017: Dolly Varden Silver Corp. announces an Exploration/Drilling Update report for its Torbrit East deposit at the Dolly Varden project. Drilling results incl. 21.95m @ 87.5g/t Ag, 0.85% Pb, 1.01% Zn from 138.4m. December 4, 2017 – Vancouver, BC: Do | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ben Whiting, Robert van Egmond (Internal) | |
| ABSTRACT: | December 4, 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 eighth batch of drill holes of the 2017 program on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. This includes two more holes into the discovery of an eastern fault-offset continuation of the Torbrit Deposit called Torbrit East. In addition, a new zone named Beginners Luck marks a fourth discovery target for the year. Hole DV17-078, drilled in the Torbrit East area, intercepted two zones, with the Upper Zone yielding a core length of 13.00 metres (9.96 m true thickness) grading Ag 244.8 g/t, Pb 0.14 % and Zn 0.09 % for a silver-equivalent of 255.7 g/t. Within this interval is 5.00 metres (3.83 m true thickness) grading Ag 481.9 g/t, Pb 0.21 % and Zn 0.12 % for a silver-equivalent of 497.3 g/t. The Lower Zone in DV17-078 is more base metals rich. It yielded 21.95 metres (16.81 m true thickness) grading Ag 87.5 g/t, Pb 0.85 % and Zn 1.01% for a silver-equivalent of 176.3 g/t. Within this interval is 8.35 metres (6.40 m true thickness) grading Ag 121.6 g/t, Pb 1.79 % and Zn 2.33 % for a silver-equivalent of 320.1 g/t. “Hole DV17-078 confirms the high-grade silver discovery in Torbrit East zone. The new discoveries in Torbrit North, Torbrit East and Moose Lamb have great potential for expansion of the existing resources in this historic mining district,” said Gary Cope, President and CEO of Dolly Varden. | |
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