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Cryptocurrency News Articles

Dolly Varden Silver (TSXV: DV) Plans Another Big Year of Exploration at Its Kitsault Valley Project

May 07, 2025 at 08:52 pm

Dolly Varden Silver (TSXV: DV) is planning another big year for exploration at its wholly owned Kitsault Valley Project in British Columbia's golden triangle.

Dolly Varden Silver (TSXV:DV) is planning another big year for exploration at its wholly owned Kitsault Valley Project in British Columbia’s golden triangle. The company this morning revealed it plans to drill test 35,000 metres under this year’s exploration program.

Exploration in 2025 is set to focus on expanding high grade mineralization at the Homestake Silver and Wolf deposits, while also following up on a variety of new exploration targets. Follow up targets include both Moose and Red Point, while deep drilling is planned at the Big Bulk copper-gold porphyry target as well.

At Wolf, Dolly Varden is planning to test an extension along strike of the high grade silver corridor it intersected in 2024. Directional drilling will be used to delinate the target, with the program also aiming to target the intersection of the two main structures that are believed to be the source of mineralization.

Homestake Silver will see the company continue to define and expand the plunge zone, with plans for both step-out and infill drilling to be conducted in an effort to build out the resource. The company will also be testing a new target at the lower levels of the Homestake deposit, which is spatially related to the copper-gold mineralization discovered in 2024 at the Big Bulk target.

Exploration at Big Bulk, which is found five kilometres to the east of the main Kitsault Valley trend, will consist of deep drilling in an effort to test the northeast trending mineralized system. The target is prospective for both copper-gold porphyry and skarn-type mineralization, similar to the Red Mountain and KSM deposits. The underdeveloped system has seen copper and gold mineralization found in stockwork veining by previous explorers.

“We are following up on some of the strongest silver and gold intercepts we’ve seen to date as we grow the known deposits, while also targeting new areas with district-scale potential,” said Shawn Khunkhun, CEO. “We are excited to get our four drill rigs mobilised and to continue to build on the exceptional work of the technical team over the past year.”

Exploration is expected to get underway in mid-May, with four drill rigs scheduled to conduct the exploration program. The company will be using the same rigs and crew that completed last year’s program, which is set to help streamline operations and speed up the drilling process.

Dolly Varden Silver last traded at $3.80 on the TSX Venture.

Original source:thedeepdive

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