Vancouver, BC – October 7, 2020 – Dolly Varden Silver Corporation (“Dolly Varden” or the “Company”) (TSXV: DV) (OTC:DOLLF), is pleased to announce silver assay results from initial step out drilling from the current mineral resource area at the past-producing Torbrit Silver Mine, as well as infill holes to expand the high-grade zones within the known Mineral Deposit. The Torbrit Mine area is one of several exploration targets being drilled during the 2020 program at the Dolly Varden Property, located north of tidewater and the community of Alice Arm in Northwest BC.
Highlights from Torbrit step out drilling:
-DV20-211: 351 g/t silver over 12.75 meters, including 1083 g/t silver over 2.70 meters
-DV20-213: 135 g/t silver over 37.50 meters, including 906 g/t silver over 1.00 meter
Highlights from infill drilling within the deposit to delineate high grade zones:
-DV20-217: 302 g/t silver over 31.95 meters, including 642 g/t silver over 4.00 meters
*The true width of intercepts are estimated to be 80-95% of the Core Length (m) reported using the current understanding of the three dimensional nature of the mineralization and grade models at Torbrit. Interval lengths are constrained by grade values within the mineralization envelope. Recoveries on the individual metals have not been applied to composite calculations which are reported at 100%. Silver equivalent for lead and zinc intercepts have not been included.
“We are pleased to see step out drill intercepts with consistent, strong silver mineralization, significant thickness, and areas of very high-grade silver. These results should support continued resource expansion and the growing potential for bulk underground mining around the past-producing Torbrit Silver Mine. We look forward to additional results as multiple high grade silver exploration and expansion targets are being drilled this season,” said Shawn Khunkhun, President and CEO of Dolly Varden Silver.