Khunkhun tells The Northern Miner the company has undergone a metamorphosis since he took the reins in February 2020, pivoting on a better-defined strategy to de-risk the project, expand the existing resources and grow the business.
“Our goal is to either groom this project into a saleable asset in the next 36 months or to have it ready for a construction decision for ourselves. If someone like Hecla Mining (NYSE: HL) were to acquire us today, we’d comprise about 15% of their total resource base,” said Kunkhun in an interview.
When the executive first came to Dolly, it held a 44 million oz. high-grade silver resource, but it had already seen 20 million oz. of production. The former 100-year-old Dolly Varden silver mining camp covers four historic mines that produced more than 19 million oz of silver over four decades beginning in 1919.
“We set to work to bring in the right shareholders and cash infusion. The strategic…
