Drilling Has Commenced At Dolly Varden Silver Property

VANCOUVER, BC - Dolly Varden Silver Corporation reported that diamond drilling has commenced on the Dolly Varden Silver Property in “The Golden Triangle” of northwestern British Columbia, Canada. This is part of an approximately 25,000 meters program in 60 to 75 drill holes for 2018. Results of the drilling program will be announced in batches.

Gary Cope, President & CEO, says “It is great to have the program underway as we follow-up on our successful discoveries from last season at Dolly Varden, particularly in the Torbrit Mine area. We will start this season by targeting Torbrit North.”

The 2018 drilling program is designed to focus on resource delineation and verification, particularly in the areas of the new discoveries from the 2017 exploration season. These include Torbrit North, Torbrit East and Moose-Lamb targets, as well as areas around the Torbrit and the Dolly Varden deposits.

The Torbrit North and Torbrit East discoveries are of the exhalative-style of silver and base metal mineralization along the Dolly Varden – Torbrit Horizon (“DVTH”), similar to the historic Torbrit Mine, but located in parallel and/or fault offset basins. The Torbrit North target is located 200 meters north and 220 meters deeper than the historic Torbrit Mine, in the footwall block northeast of the Moose-Lamb Fault. The Torbrit East target is located 70 meters east and 60 meters higher than the historic Torbrit Mine, in the hanging-wall block southwest of the Moose-Lamb Fault. It appears in two horizons as the Upper-Torbrit East and the Lower-Torbrit East.

The Moose Lamb target discovery is an epithermal vein-style of mineralization and is similar to mineralization at the historic Dolly Varden Mine. It is adjacent to a major syn-basinal fault by the same name. Exploration drilling is marked for the Potassic Alteration Belt along the Kitsault River and in the Gold Belt Transect on the western side of the valley. Additional targets may be tested as the season progresses.