Dolly Varden Silver – First High-Grade Silver Drill Assays Returned From The 2024 Exploration Program At The Chance and Moose Veins

Shawn Khunkhun, President and CEO of Dolly Varden Silver (TSX.V:DV – OTCQX:DOLLF), joins me review the first high-grade silver drill assays returned from the 2024 exploration program at the Chance and Moose Veins along the Kitsault Valley Project; located in the Golden Triangle of British Columbia, Canada.


Highlights include:


  • Moose Vein – Drill Hole #DV24-387: 977 g/t Ag over 5.00 meters, including 3,670 g/t Ag over 0.79 meters


  • Chance Vein – Drill Hole # DV24-388: 206 g/t over 23.03 meters, including 597 g/t Ag over 1.40 meters and 749 g/t Ag over 0.50 meters


Shawn outlined that presently three rigs are drilling across the Kitsault Valley Project with roughly 10,000 meters and 30 holes completed or in-progress thus far, in the larger 25,000 meter program.  The exploration team got their earliest start yet this season, with drilling having commenced in May; which may allow for more meters to be added to the drill program as this year progresses.  



Shawn then speaks to the pedigree and combined knowledge of the geological and technical team at Dolly Varden, that has been guiding all this exploration success.   We touch upon the advantages of their understanding of the geological model, leading to a thesis that many of these separate deposits may end up being connected at depth into a larger system.  In addition to the quality of the project, and the high-grade nature of the silver and gold mineralization, Shawn outlines that this precious metals focus, distinguishes the company from many other silver companies that actually have far more exposure to base metals like lead and zinc.  We wrap up discussing the jurisdiction, tight capital structure, and key strategic shareholders with Dolly Varden Silver.



If you have any follow up questions for Shawn about Dolly Varden Silver, then please email me at and we’ll get those questions addressed by management, or covered in future interviews.


  • In full disclosure, Shad is a shareholder of Dolly Varden Silver at the time of this recording.




Click here to visit the Dolly Varden Silver website and read over the recent news.


    Jun 28, 2024 28:46 PM

    Okay Shawn, build a mine and show us the silver. Enough exploration already.

      Jun 29, 2024 29:07 PM

      I believe they’ll be happy to keep expanding the resources, making new discoveries, and growing the mineral inventory of gold and silver to the point where they sell the project to a producing company that will build the mine and processing center.

      My bet is that it will be Hecla mining, as I outlined in my article featuring Dolly Varden over on Substack.


      Opportunities in Silver Explorers and Developers – Part 2

        Jun 29, 2024 29:33 PM

        I saw your substack and agree with the Hecla prediction but would like to see Shawn wearing his string of pearls before the HL CEO gets his hands on them.

          Jun 29, 2024 29:46 PM

          Good one Terry. 🙂