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Posted by silverngold
@ 19:19 on February 13, 2023
#3
The New Dolly Varden Silver 2 + 2 = 5
As a Dolly Varden Silver VIP Investor (or potential VIP investor) , we really want you to understand the potential of our new Kitsault Valley project.
Our project has now tripled the resources of precious metals which provides leverage to silver and gold prices, but it also means our project has a greater potential to be mined.
Category
Property
Cut-Off
Tonnes
Ag(g/t)
Ag(oz)
Au(g/t)
Au(oz)
Indicated
Dolly Varden
150 g/t Ag
3,417,000
299.8
32,931,000
Homestake Ridge
2.0 g/t AuEq
736,000
74.8
1,800,000
1.02
165,993
Total
34,731,000
165,993
Inferred
Dolly Varden
150 g/t Ag
1,285,300
277.0
11,447,000
Homestake Ridge
2.0 g/t AgEq
5,545,000
100.0
17,380,000
4.58
815,719
Total
29,277,000
816,719
Combined resources of silver and gold of our 100% held Kitsault Valley project
By combining our Dolly Varden project with the adjacent Homestake Ridge project we believe we have created synergies that could result in 2 + 2 = 5 or possibly 6.
While the benefits of the combination can be difficult to measure, our position is that the project is now much stronger.
Some of the benefits of the combined Kitsault Valley project include:
A larger resource base makes the project more attractive to be developed or acquired
Economies of scale for exploration, development, and potential mining
Cost savings of general and administration expenses
Stability of gold resources with the leverage to silver prices
Seven precious metal deposits to expand
Sharing of technical knowledge
Shared cost of infrastructure investment (more on this in the next email)
And that’s not even counting the fact we acquired the resources of silver and gold at Homestake Ridge on an accretive basis.
Beyond all these benefits, the combined project opens up 5.4kms of underexplored ground between the South Reef and Wolf deposits, which could see even greater benefits to shareholders.
And as always, the Kitsault Valley project is very rare, being a high-grade silver project located in a safe mining jurisdiction.
Have a look at our project video to learn more:
Dolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100% held Kitsault Valley Project located in the Golden Triangle of British Columbia, Canada, 25kms by road to deep tide water.
See you in our next email, Past Production & Infrastructure (Email #4).
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