Dolly Varden Silver Corporation announced that diamond drilling with four rigs has commenced at the Kitsault Valley Project, which includes the Dolly Varden Silver property and Homestake Ridge Gold-Silver property. Two drills are targeting the Wolf Vein and two at the Kitsol Vein. A fifth drill rig is available as the program progresses.

In addition to step-out holes and exploration drilling at the Wolf and Kitsol veins, several new targets will be tested, including the projection of the Moose Vein under the sediment cap. In several weeks, the drills will be moved up the valley to the Homestake Ridge area. Further drilling will test the plunge of wide, high-grade gold-silver mineralization that was defined by recent oriented core and structural interpretations.

Geology crews have been on site since early May, completing a program of additional sampling of core from 2022 Homestake Main drilling where assay results revealed an extensive low-grade gold (>0.1 g/t Au) envelope to high-grade mineralization.