Dolly Varden Silver Corp. (TSXV:DV,OTCBB:DOLLF) announced assays from the final 10 holes of the 3,063-meter 2013 exploration program completed at its British Columbia-based Dolly Varden property.
Dolly Varden Silver Corp. (TSXV:DV,OTCBB:DOLLF) announced assays from the final 10 holes of the 3,063-meter 2013 exploration program completed at its British Columbia-based Dolly Varden property. The results could allow the company to build the foundation of a mineral resource that is larger than the one currently outlined by a historical resource estimate.
Ron F. Nichols, president and CEO of Dolly Varden, commented:
We are very pleased with this summer’s exploration program and the initial interpretation of data. The Company’s 2013 exploration program continued to find high-grade silver mineralization over wide intervals. The diamond drilling program successfully tested extensions of the historic Torbrit high-grade silver mine, with all holes intersecting the target DVT exhalite horizon with average true widths in the range of 40 meters. Mineralization remains open to the northwest and down-plunge at 40°, along the controlling “Torbrit” structure. Resolution of the structural setting and alteration geochemistry of the Torbrit will certainly prove invaluable in our Property-wide targeting for both silver and gold-silver rich VMS deposits. This work gives additional confirmation that the Torbrit and other deposits on the Property share many characteristics, including mineralization style and geological setting, with the exceptionally gold-silver-rich Eskay Creek VMS deposit, 120km to the northwest.