Dolly Varden Silver – 2024 Exploration Strategy With The 25,000 Meter Drill Program, And Overall Value Proposition Across The Kitsault Valley Project
Shawn Khunkhun, President and CEO of Dolly Varden Silver (TSX.V:DV – OTCQX:DOLLF), joins me review the big picture exploration results from the 2023 field season, the overall strategy for this year’s 25,000 meter drill program, and the key differentiators and value proposition across the Kitsault Valley Project, located in the Golden Triangle of British Columbia, Canada.
We start off reviewing the work done to date at the combined Kitsault Valley Project, that now contains 64 million ounces of silver and also around 1 million ounces of gold in all categories. There was a major gold discovery made at the Homestake area last year, as well as the expansion of silver mineralization at both the Wolf and Tobrit deposits. This year the program is going to focus on true exploration and discovery drilling at new targets at Moose, Chance, Ace Galena, North Star, and Red Point, as well as continued expansion at Wolf and Homestake with the goal to update the resource estimate.
Shawn then speaks to the pedigree and combined knowledge of the geological and technical team at Dolly Varden, that has been guiding all this exploration success. We touch upon the advantages of their understanding of the geological model, leading to a thesis that many of these separate deposits may end up being connected at depth into a larger system. In addition to the quality of the project, and the high-grade nature of the silver and gold mineralization, Shawn outlines that this precious metals focus, distinguishes the company from many other silver companies that actually have far more exposure to base metals like lead and zinc. We wrap up discussing the jurisdiction, tight capital structure, and key strategic shareholders with Dolly Varden Silver.
If you have any follow up questions for Shawn about Dolly Varden Silver, then please email me at Shad@kereport.com and we’ll get those questions addressed by management, or covered in future interviews.
- In full disclosure, Shad is a shareholder of Dolly Varden Silver at the time of this recording.
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