Sep 8 2014
Dolly Varden Silver Corporation has successfully completed the preliminary surface phase of its 2014 summer field program and has dispatched drill crews to prepare for the 2014 drill program on the Dolly Varden Property, located 26 km by road from tidewater at Alice Arm, in Northwestern British Columbia.
This preliminary field program further refined the location and orientation of several of our drill-ready Eskay-Creek style and epithermal "DVT" targets; generated a number of additional specific drill targets on known mineralized horizons; and identified several new zones with mineral potential on other areas of the property.
Additional, geologic and structural mapping was also completed over areas targeted for the 2014 diamond drill program. This mapping has confirmed the layout of the initial drill holes planned for 2014.
The field program involved a geochemical survey where 970 soils, 28 silts, and 6 heavy mineral samples were collected over selected areas on the property. Highlights of the results from the soil surveys include:
- The surface trace of the DVT Horizon, the horizon which hosts the high-grade silver mineralization at the Torbrit and Dolly Varden mines, is clearly indicated by the soil surveys and this technique can be confidently used to search for extensions of the DVT Horizon. See figure 1.
- Numerous promising multi-element anomalous trends were located along the prospective sediment-volcanic contact of the Salmon River Formation in areas with no previously known showings. These anomalous trends display similar geochemical signatures to those found at Eskay Creek, and remain open to the north of the sampled area. See figure 2.
- Strong geochemical response within the airborne radiometric anomaly that has been outlined on the east side of the Kitsault River is outlining some possibly significant trends that could be related to structurally controlled epithermal mineralization. See figures 1 and 2.
- Anomalous gold - silver results from silt samples taken north of the gridded area underlain by Salmon River Formation points to additional potential on the northern portion of the property.
Associated maps are available at www.dollyvardensilver.com and at the following links:
Figure 1 http://media3.marketwire.com/docs/DV-F1.pdf
Figure 2 http://media3.marketwire.com/docs/DV-F2.pdf
This successful first phase of the geochemical sampling will now be followed up by 1) sampling along step out grid lines on all open anomalous areas, and 2) detailed infill sampling, prospecting and geologic mapping. We expect the follow on work, to produce and/or confirm several new drill targets.
The drill crews and support teams have been deployed and are working on the site, with an announcement describing the 2014 drilling program to be released shortly.
George Heard, President, commented, "We are very pleased with the results and the additional information provided by this fieldwork. Our multi-disciplinary approach integrating geochemical and geophysical data, through our highly regarded technical advisory committee, is providing the necessary interpretation to refine the targeting and identify new zones for our 2014 drill program."
Please visit www.dollyvardensilver.com for additional project and Company information.