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Dolly Varden Silver Wolf Vein is Now a Priority as Silver Price Hits 14 Year High
Thenewswire· 2025-09-04 12:30
Core Viewpoint - Dolly Varden Silver has reported significant high-grade silver results from its Wolf Vein drilling, indicating strong mineralization and continuity, which may enhance the company's growth potential in the silver and gold markets [1][3][11]. Company Developments - Dolly Varden Silver announced a silver intersection of 1,422 g/t over 21.70 meters in drill hole DV25-446, with a peak of 10,700 g/t over 1.00 meter [1][2]. - The company has expanded its land package significantly, increasing from 7,000 hectares to 100,000 hectares, and its market capitalization has surged from $20 million to $460 million [13]. - The ongoing drilling campaign is estimated at 55,000 meters, with actual new core expected to be around 41,000 meters due to the use of directional drilling technology [8][9]. Exploration and Drilling Technology - Directional drilling technology is being utilized to enhance efficiency and precision in targeting mineralized areas at both the Wolf and Homestake Silver sites [7][9]. - The company has successfully implemented real-time data logging and communication through satellite internet, improving operational efficiency [5]. Market Context - The rising gold prices are positively impacting Dolly Varden's inventory value, with a current estimated 50/50 split between silver and gold [10][11]. - The silver price has recently surpassed USD 40 per troy ounce, influenced by the increase in gold prices, which may further benefit the company's valuation [11]. Future Outlook - Additional drilling at the Wolf Vein is prioritized for the remainder of the season, with expectations of continued high-grade results [3][14]. - The company is focusing on step-out and infill drilling at key projects, including the Kitsault Valley and Big Bulk Projects, with more results anticipated [14].
Dolly Varden Silver Expanded Drill Program Targets Wolf Vein Extension and Big Bulk
Thenewswire· 2025-07-28 12:30
Vancouver, BC – TheNewswire - July 28, 2025 – Global Stocks News - Sponsored content disseminated on behalf of Dolly Varden Silver. On July 24, 2025 Dolly Varden Silver (TSXV: DV) (NYSE American: DVS) (FSE: DVQ) announced that it has increased the previously announced 35,000-meter drill program to 55,000 meters. Additionally, DV is drilling systematic step-outs at the Wolf Vein. Alteration and structural studies suggest that vein mineralization at Wolf is becoming increasingly robust towards the southwest. ...