Dolly Varden Silver: Releases 3D Geological Model
May 22 2014 - 9:00AM
Marketwired
Dolly Varden Silver: Releases 3D Geological Model
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 22, 2014) -
Dolly Varden Silver Corporation (TSX-VENTURE:DV)(OTCBB:DOLLF)
("Dolly Varden" or the "Company") is pleased to announce the
publication of its first 3D geologic model of the Dolly Varden
property, near Kitsault in Northwestern BC. The model was created
in conjunction with TerraLogic Exploration Inc., Dolly Varden's new
exploration and geologic consultant. The 3D model has been a
critical tool in understanding the overall geometry of the property
geology and provides spacial outlines and visualizations of our
three priority target Corridors.
The three targeted drilling/exploration Corridors are the 1)
Torbrit-Red Point Corridor - following known silver mineralization
underneath Red Point, an Eskay-Creek style target; 2) Musketeer
Corridor - which runs along the East side of the Kitsault river
with numerous Ag-rich epithermal vein-type showings with strong
potassic radiometric signatures; and 3) Wolf-Surprise Corridor
where an Eskay-Creek style host-formation containing silver-rich
VMS mineralization was identified by the Company's 2011 drill
program.
In addition, a number of important new trends and additional
specific geophysical targets were identified straddling the
Northern border of the Dolly Varden property. These targets will
require additional ground work and could be explored in partnership
with the operators of the neighbouring properties.
To view an image of the 3D model accompanying this press release
and obtain other project/corporate information, please visit
www.dollyvardensilver.com. The 3D model is also available to
download and view in Leapfrog Geo from the Dolly Varden website:
http://dollyvardensilver.com/dolly-varden-project/dolly-varden-3d-model-2/.
TerraLogic Exploration Inc. provides mineral exploration and
geologic consulting to the mining and exploration industry. Located
in Cranbrook, British Columbia, TerraLogic has been operating
mineral exploration projects in North America since 2004. Since
then, they have successfully managed over $48 million of
exploration activity. TerraLogic has been mandated to manage and
execute Dolly Varden's 2014 Work program. Please visit
www.terralogicexploration.com for additional information.
Please visit www.dollyvardensilver.com for additional project
and Company information.
About Dolly Varden
Dolly Varden Silver Corporation is a mineral exploration company
focused on the exploration and development of the Dolly Varden
silver property located in Northwestern British Columbia, Canada.
The Dolly Varden silver property consists of 9,400 hectares that
includes four well-defined high grade silver deposits, two of which
have seen historical production totaling 20 million ounces of
silver. All four deposits have remaining historical mineral
resources and are situated in the same geologic setting as the
past-producing Eskay Creek deposit. The Company has two near-term
objectives for creating value at the Dolly Varden silver project:
1) confirm and expand the existing historical silver
mineralization, and 2) explore and discover major Eskay Creek-type
gold and silver rich VMS targets and large epithermal systems. The
Company's common shares are listed and traded on the TSX-V under
the symbol DV and on the OTCBB system under the symbol DOLLF.
Technical Information
Ron F. Nichols, P.Eng. of Dolly Varden, who serves as a
Qualified Person under National Instrument 43-101, supervised the
preparation of the scientific and technical information concerning
this news release. Further information regarding the Dolly Varden
silver property, including that relating to historical production
and resource estimates, can be found on the company's website and
in the Company's Geology and Mineral Exploration of the Dolly
Varden Property, Technical Report, dated September 5, 2011.
Forward-looking statements
Statements in this release that are forward-looking statements,
including the timing of commencement, size and scope and results of
contemplated exploration programs on the Dolly Varden silver
property and assumptions about the geological characteristics of
the property (including the existence of any gold and silver
mineralization), are subject to various risks and uncertainties
concerning the specific factors disclosed here and elsewhere in the
Company's periodic filings with Canadian securities regulators.
When used in this document, the words such as "expected",
"planned", "forecast", "scheduled" "targeting" and similar
expressions are forward-looking statements. Information provided in
this document is necessarily summarized and may not contain all
available material information.
All such forward-looking information and statements are based on
certain assumptions and analyses made by Dolly Varden Silver
Corporation in light of their experience and perception of
historical trends, current conditions and expected future
developments, as well as other factors management believes are
appropriate in the circumstances. These statements, however, are
subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from
these forward-looking statements include those described under the
heading "Risks Factors" in the Company's most recently filed
MD&A. Readers are cautioned not to place undue reliance on
forward-looking information or statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Vanguard Shareholder SolutionsMartin Gagel, MBA, CFAVice
President604-608-0824 or Toll Free: 1-877-608-0829Dolly Varden
Silver CorporationGeorge Heard, P. Eng.CEO and
President1-778-383-3083www.dollyvardensilver.com
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