DV:CC - Dolly Varden Silver Confirms High-grade Gold System at Homestake Ridge
(TheNewswire)
Vancouver, BC – October 7, 2025 – TheNewswire- Global Stocks News - Sponsored content disseminated on behalfof Dolly Varden Silver. On October 1, 2025 Dolly Varden Silver (TSX-V:DV) (NYSE MKT: DVS) (FSE: DVQ) reported a significant gold intercept from astep-out drill hole at the Homestake Silver deposit .
Hole HR25-456 intersected 3.34 g/t Auover 120 meters , including 216 g/t Au over 0.52 meters and 166g/t Au over 1.3 meters.
The hole is a 45-meter step-out along strike from hole HR24-433 and 30meters up dip from hole HR24-451.
"These gold results from a step-out hole at the Homestake SilverDeposit confirm that the depositcontinues to grow beyond the current mineral resourceestimate,” stated Shawn Khunkhun, CEO of Dolly Varden Silver in theOctober 1, 2025 press release.
“These results demonstrate the strength of the high-grade goldsystem, potentially a separate andoverlapping event from high-grade silver mineralization at thedeposit; this deposit is potentially a key driver of future projectdevelopment,” added Khunkhun.
“We have two lenses that are close to each other,” Rob van Egmond,VP of Exploration, told Guy Bennett, the CEO of Global Stocks News(GSN). “The second phase could overlap the silver-richmineralization, or it could be a separate lens.”
“Any time you have overlapping events or long-lived fluid conduits,it indicates some of the precious metals may have been depositedduring the Jurassic age [160 million years ago], while a secondmineralizing event may have occurred in the Eocene age [40 millionyears ago]”.
“This duo-timeline mineralisation is one deposit is a knowncharacteristic of the Golden Triangle. One of our neighbours has beenage-dating their assays, confirming the presence of an Eocene agemineralised system.”
“When you find a regional corridor where Jurassic mineralization hasbeen overprinted by Eocene mineralisation,” added van Egmond,“typically the grade is augmented in that structure. Hole HR25-456had large flakes of visible gold.”
“When we purchased this asset,” van Egmond told GSN. “HomestakeSilver had a higher ratio of silver to gold than Homestake Main. Butwe’re thinking about changing the name, because at investorconferences Shawn and I have to explain that Homestake Silver is nowprimarily a gold deposit.”
“Geologists are always working to either prove or disprove amodel,” added van Egmond. “You collect data, assess it, and makemodifications to the model as necessary. Hole HR25-456 is addingconfidence to the current model.”
Five diamond drills are nearing completion of the 2025 drill programacross the Kitsault Valley and Big Bulk Projects. At Homestake Silver,drilling has focused on expanding andinfilling areas of high-grade gold mineralisation .
DV is also testing outside the current resource. Additional resultsfrom the Homestake Silver gold zone, Wolf Vein silver mineralizationextension, Big Bulk copper-gold porphyry system, as well as otherexploration targets, will be reported as assays are received.
DV Silver is using directionaldrilling technology to precisely target areas for step-out andinfill holes at Homestake Silver.
“Directional drilling allows you to position the drill bit exactlywhere you want it to be, without re-drilling hundreds of meters fromthe surface,” van Egmond told GSN. “It’s an ideal technique forus to explore Homestake Silver.”
This animated video by Horizontal Technology gives a technicaloverview of directional drilling.
“A skilled driller can direct the course of the drill bit along apre-planned path over great distances,” confirms HorizontalTechnology.
HR25-456 is one of three holes drilled from the same pad, designed toextend the wide, high-grade plunging zone and test outside the currentmineral resource model. The drill hole is approximately a 45-meterstep-out along strike from previous intersects.
Approximately 40% of the 2025 season's 55,000-meter planned drillprogram at DV’s 100% owned Kitsault Valley Silver and Gold Projecttargeted the Homestake Silver Deposit to expand and infill zones ofhigh-grade gold mineralization.
The deposit remains open for expansion, with gold mineralization vectoring to theHomestake Main Deposit , along strike to the north of theHomestake Silver Deposit.
On October 01, 2025 Dolly Varden Silver announced a $30 Million Bought-Deal Financing featuring 2,300,000 @ $6.50/share; 750,000 flow-through shares @$9.42/share and 990,000 flow-through shares at $8.10 per share.
“ Flow-throughshares enable public companies to transferexploration expenditures to investors who can take advantage of thecorresponding tax incentives, thereby ‘flowing their benefitsthrough’ to the shareholder,” writes CG WealthManagement.
“Investors in a high tax bracket can use the taxcredits from flow-through investments to bring down their personal taxowing,” added CG Wealth.
Pursuant to existing agreements, Hecla Canada and Fury Gold Mines willbe entitled to acquire shares @ $6.50/share to maintain theirrespective pro rata equity interests in DV Silver.
DV’s metal inventory value is now approximately a50/50 split between silver and gold.
“With gold selling for CND $5,400/ounce,” van Egmond told GSN,“our team is encouraged to hit 120meters of 3.34 g/t gold atHomestake Silver.
Rob van Egmond, P.Geo., Vice-President Exploration for Dolly VardenSilver, the “Qualified Person” as defined by NI43-101, hasreviewed, validated and approved the scientific and technicalinformation contained in this GSN release.
Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research,creation and dissemination of this content.
Contact: guy.bennett@globalstocksnews.com
Full Disclaimer: Global Stocks News (GSN) researches and fact-checksdiligently, but we cannot ensure our publications are free from error.Investing in publicly traded stocks is speculative and carries a highdegree of risk. GSN makes no recommendation to purchase any individualstock. When compensation has been paid to GSN, the amount and natureof the compensation will be disclosed clearly. GSN publications maycontain forward-looking statements such as “project,”“anticipate,” “expect,” which are based on reasonableexpectations, but these statements are imperfect predictors of futureevents. When compensation has been paid to GSN, the amount and natureof the compensation will be disclosed clearly.
Copyright (c) 2025 TheNewswire - All rights reserved.