Mining Stock Daily Dolly Varden Silver Prepares for Upcoming 2025 Field Season with a New NYSE Listing
Apr 17, 2025
Sean Khunkhun, CEO of Dolly Varden Silver, shares insights on the company's promising drilling results in British Columbia's Golden Triangle. He discusses their high-grade silver discoveries at the Wolf deposit and strategic plans for an extensive 22,000-meter drilling campaign aimed at enhancing resource estimates. Khunkhun also highlights their upcoming NYSE listing, poised to attract US investors, and addresses the growing demand for precious metals, emphasizing bold new approaches to drilling strategies.
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Dolly Varden's Resource Strength
- Dolly Varden Silver has a large resource base with 64 million ounces of high-grade silver and 1 million ounces of gold at significant grades.
- The project features distinct silver-rich and gold-rich zones, providing diversified economic potential amid fluctuating silver-to-gold ratios.
Gold's Economic Dominance Now
- Despite having 64 times more silver than gold, most economic value at Dolly Varden currently comes from its gold due to a 100:1 silver-to-gold ratio.
- This underscores the importance of focusing exploration equally on gold-rich zones to maximize project economics.
Cautious Optimism for 2025 Drilling
- Sean Khunkhun shared the team's excitement for an ambitious 35,000 meter phase one drill program focused on infill and expansion at Wolf.
- He admitted to being cautiously optimistic, describing drilling as a business often full of heartbreak but noted the strong confidence in success this season.