Canada
Dolly Varden Silver Corp. is a mineral exploration company with a focus on advancing its 100% held Kitsault Valley Project situated in the southern tip of the Golden Triangle of BC, Canada. The project spans 163 sq. km. and encompasses high-grade silver and gold resources as well as the past producing Dolly Varden and Torbrit silver mines. The company's acquisition of the adjacent Homestake Ridge project from Fury Gold Mines Ltd. in February 25, 2022 has resulted in the formation of the combined project, consolidating the highly mineralized Kitsault Valley Trend along with seven precious metal deposits. This acquisition has led to the transition of the Company’s 100% silver project to a project with 50/50 silver and gold resources measured by value.
The Big Bulk property within the project is seen as prospective for porphyry and skarn style copper and gold mineralization. The project is considered to be prospective for hosting further precious metal deposits, given its location on the same structural and stratigraphic belts that host numerous other on-trend high-grade deposits in the region. The $15.00M Post-IPO Equity investment in the company by Eric Sprott on March 04, 2024 signals a significant show of confidence and support for the company's prospects and endeavors in the precious metals sector.
