Drills are turning at Dolly Varden Silver’s Homestake Silver deposit in B.C.’s Golden Triangle. Credit: Henry Lazenby
Dolly Varden Silver (TSXV: DV) reported new drilling at its Kitsault Valley project in British Columbia has tightened the Wolf vein’s high-grade plunge and kept the target open to depth, sending its Toronto-listed shares higher.
The latest hole, DV25-446, cut 21.7 metres grading 1,422 grams silver per tonne starting at 816.3 metres downhole, including a 1-metre hit of 10,700 grams silver, the company said Tuesday. The intercept sits about 105 metres up-dip of last season’s furthest step-out and came with increasing gold and base metals at depth. (Intervals are core length; estimated true widths are 55%–65%.)
Haywood Capital Markets mining analyst Marcus Giannini said the company was edging closer to a potential mineralizing system at depth.
“As is typical of metal…
