Nov 14 2014
Dolly Varden Silver Corporation is pleased to announce the completion of its 2014 exploration program on the Dolly Varden property, located 26 km by road from tidewater at Alice Arm, in northwestern British Columbia.
The drilling phase of the program was designed to test and evaluate targets up to 2km north of the Torbrit deposit and last year's drilling. The 2014 program is the first systematic evaluation of the property, as a whole, focusing on the delineation of known prospective stratigraphy, where it intersects altered and mineralized structures in proximity to anomalous geochemical and geophysical signatures.
The Dolly Varden project has excellent potential to host additional high-grade silver mineralization (Torbrit and Dolly Varden deposits) and new high-grade, gold-rich deposits similar to Eskay Creek and Brucejack, which occur on the same regional trend.
2014 work consisted of further detailed geological mapping, geochemical sampling (soil, silt and heavy mineral) and ground geophysical surveys to define and vector drill targets, followed by diamond drill testing of many high priority targets before the field program was terminated due to weather. Further high priority targets remain untested. A map highlighting the 2014 program is available on www.dollyvardensilver.com. Work consisted of the following:
- detailed geological mapping and prospecting of primary target zones defined by historic data compilation and analysis;
- collection of over 2500 soil geochemical samples, covering 54.4 line kms;
- completion of EM and IP ground geophysical surveys, totaling 10.9 line kms over three areas, along with two borehole EM/IP surveys; and
- drilling of 5280 metres of core in 12 holes from 8 locations -- 2 holes into the Red Point alteration; 4 holes between Red Point and Torbrit; 3 holes to test the Kitsol epithermal vein; 2 holes at the Musketeer epithermal vein; and 1 hole at the Wolf deposit.
The field programs were supervised by Chris Gallagher, M.Sc., and Aaron Higgs, B.Sc., P.Geo., of TerraLogic Exploration Inc. Final results will be vetted for QA/QC, compiled and news released once all lab data is received.