Mining News: Drills tap high-grade silver at Dolly Varden

Dolly Varden Silver Corp. Aug. 21 reported additional high-grade silver intercepts from from the 2017 drill program at the Dolly Varden Silver project in northwestern British Columbia. The batch of five holes reported were drilled from the north side of the Dolly Varden deposit area, one of four deposits and more than 50 exploration targets on the property. The best of these holes, DV17-048, cut three mineralized structures. The first structure corresponds to the silver-rich Dolly Varden vein, and the lower two intercepts tapped zones richer in base metals. The upper zone returned 13.22 meters (12.26 meters true thickness) averaging 701.8 grams per metric tons silver, 1.05 percent zinc and 0.36 percent lead. The middle zone yielded 20.5 meters (19.6 meters true thickness) grading 107.1 g/t silver, 3.52 percent zinc and 1.3 percent lead. DV17-047 cut 13.45 meters (13.38 meters true thickness) averaging 284.9 g/t silver, 0.96 percent zinc and 0.29 percent lead. Dolly Varden is considering expanding the 2017 drill program from 5,000 to about 12,000 meters.

–SHANE LASLEY