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 following up on exploration targets. Follow up targets are said to 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 targeting an extension along strike of the high grade silver corridor it intersected last year. Directional drilling is planned to be used to delinate the target, with the program also aiming to target the intersection of the two main structures believed to be the source of mineralization.
Homestake Silver meanwhile 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.
Exploration at Big Bulk meanwhile, 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 said to be 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,” commented Shawn Khunkhun, CEO of Dolly Varden.
Exploration is expected to get underway in mid-May, with four drill rigs scheduled to conduct the exploration program.
Dolly Varden Silver last traded at $3.80 on the TSX Venture.
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