DOLLY VARDEN SILVER CORPORATION (via TheNewswire)
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DV Silver is developing its 100% held
Highlights ofHomestake Silver step-outsto the northwest include: (intervals shown are core length**)
HR23-389:79.49 g/t Au and 60 g/t Ag (80.21 g/t AuEq*) over 12.45metersincluding1,335 g/t Au*** and 781 g/t Ag (1,344.42 g/t AuEq*) over 0.68 meterswithin a broad mineralized zone grading 15.26 g/t Au and 20.05 g/t Ag (15.50 g/t AuEq*) over 66.50 meters.
HR23-399:43.10 g/t Au and 66 g/t Ag (43.90 g/t AuEq*) over 1.01 metersand40.33 g/t Au and 418 g/t Ag (45.37 g/t Au Eq**) over 1.75 meterswithin a broad mineralized zone grading 2.68 g/t Au and 20 g/t Ag (2.92 g/t AuEq*) over 57.70 meters.
HR23-410:10.17 g/t Au over 6.61 metersincluding50.70 g/t Au over 0.62 meters
Highlights fromHomestake Main infill drilling belowhigh-grade plunge include: (intervals shown are core length**)
HR23-374:22.60 g/t Au over 0.67 meters, 18.75 g/t Au over 2.00 metersand10.15 g/t Au over 1.00 meterin separate vein breccias included in a wider mineralized envelope grading 1.22 g/t Au and 1.90 g/t Ag (1.24 g/t AuEq*) over 83.51 meters.
HR23-386:18.14 g/t Au and 30 g/t Ag (18.51 g/t AuEq*) over 2.50 metersincluding69.9 g/t Au and 42 g/t Ag (70.41 g/t AuEq*) over 0.50 meters.
HR23-390:129.00 g/t Au and 218 g/t Ag (131.63 g/t AuEq*) over 0.50 metersin a vein breccia included in a wider mineralized envelope grading 1.92 g/t Au and 3.58 g/t Ag (1.96 g/t AuEq*) over 50.30 meters.
*AuEq and AgEq are calculated using
**Estimated true widths vary depending on intersection angles and range from 50% to 85% of core lengths.
***Determined using metallic screen fire assay on 1.0 kg split
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“These results represent a brand-new gold zone,” Khunkhun confirmed to Gill. “If you go to the
“One is a silver zone with gold. The other is a gold dominant deposit. We've justtagged a very high-grade gold area,” continued Khunkhun. “This represents a 50-meter step out. The closest data point is 75 meters away. So, it's a significant step out. As we look ahead at the next round of drilling,we're going to want to see how big this zone is.”
"The new high-grade gold and silver mineralization encountered in step out drilling to the northwest of Homestake Silver representsa significant breakthroughin further defining, upgrading andexpanding the mineralization at
The
This includes26 drill holesatHomestake Main (11,054.90 meters),four drill holes (2,478.00 meters)fromthe new gold-rich zone at the Homestake Silver northwestern extension, andsix exploration drill holeson the
In the last 6 years, there has been significant M&A activity in
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Hecla Mining has a market cap of USD
“We have this new North American focus,”
“Hecla has demonstrated it is a sticky shareholder,” Khunkhun confirmed to
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Source: https://twitter.com/peter_krauth/status/1725536566527795706/photo/1
“Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record, the
“We think silver will have a terrific year, especially in terms of demand,”
“The institute sees a 9% climb in demand for silverware and a 6% rise in jewelry demand this year,”reported CNBC, “with
"Whether we discovernew zones of high-grade gold at
References:
[1] CEO.ca is a part of the media portfolio of EarthLabs, which includes The Northern Miner,
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