(8. November 2013) – Dolly Varden Silver Corporation (TSX VENTURE: DV) (OTCBB:DOLLF) (the "Company" or "Dolly Varden") is pleased, the findings of the last 10 Bohrungen des Explorationsprogramms 2013 of the company during 8.800 Hectare concession area Dolly Varden in northwestern BC, the 14 Holes with a total length of 3.063 Meters included, announce. The concession area is located approximately 30 Kilometers away from the tidal area near Kitsault (BC).
Ron F. Nichols (P.Geo.), President und CEO, said: "We are very pleased with the exploration program this summer and the first interpretation of the data. Im Rahmen of Explorationsprogramms 2013 The company was found on more powerful sections of high-grade silver mineralization. The diamond drill program tested the extensions of the historic high-grade silver mine Torbrit successfully, since all the holes Exhalithorizont DVT on average true widths of about 40 Intersected meters. The mineralization remains open to the northwest and along the dip of 40 Â° with the limiting structure Torbrit. The determination of the structural environment and the Alterationsgeochemie at Torbrit is for the definition of targets for silver- and his gold-silver-rich VMS deposits on the entire concession area is invaluable. These studies further confirm, that Torbrit and other deposits on the property many characteristics including type of mineralization and geological environment with exceptionally gold-silver-rich Eskay Creek VMS deposit 120 Kilometers to the north-west have in common. "
The diamond drilling 2013 the company were in 4 Arranged "subjects", each of which "subjects" was drilled by another drill pad. The holes stretched to a length of string 400 Meters, a depth of 200 Meters and a width of 200 Meters, intersected the mines in mine Torbrit and go beyond the eastern and northwestern borders of the deposit. Drill intercepts are located at a distance of approximately 50 to 100 Meters apart in the targeted horizon. 5 the 14 Holes intersected the mineralized blocks of the historic mineral resource, while it remaining in the 9 these were step-out holes, the extension of the mineralization successfully tested to the northwest and southeast. The results of the drilling program 2013 including the five holes within the historic resource blocks and nine holes, were drilled in the northwest and southeast of the historic resource blocks, could help, the foundation for a mineral resource, which includes a larger area than the historical resource estimate, Add to.
The first four holes, were drilled from drilling plate D from, were in the press release dated 11. September 2013 reported. The major sections in the last ten diamond drill holes are summarized in the following table and shown in the figures in connection.
MINE TORBRIT: Summary of diamond drill
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*Core section: The true thickness has not been determined.
**The contents in ounces per U.S. ton were calculated based on the contents reported by the laboratory in grams per metric ton.
Discussion and interpretation
The purpose of the bores, Mapping and sampling in the course of 2013 was 1) careful study and concurrent extension of the mineralization at Torbrit and 2) the detection and measurement of variations in the litho-geochemistry (Alteration) in the target areas and Red Point Westmark and beyond. The understanding of the geological boundaries, the nature of the mineralized units, and the geometry of the structural frame, the comprehensive litho-geochemistry and Alterationssignatur the area, which houses the silver-base metal mineralization Torbrit, is crucial for the expansion of the resource at Torbrit and targeted discovery of new silver-rich deposits in the vicinity as well as other associated with VMS mineralization and epithermal type exhalativer on the large concession Dolly Varden. The consideration of these findings will also support the refinement of the model for geophysical evaluation and delineation of objectives.
All the program 2013 holes drilled intersected the targeted DVT horizon over an average width of 40 Meters. As was seen in the holes in Torbrit, DVT is composed of ore-bearing horizon of two or more stratigraphic units, of the ascending, call, mineral-rich volcanic fluids, which in turn came from a seafloor vent in a shallow marine environment in the vicinity of a fault zone, were deposited. The fault zone, serving as a conduit for the flow of liquid, was deposited over a longer period of time at Torbrit active. Measurements of the units, which account for the DVT-horizon, create a deposition sequence of several phases between bearing volcanic- und Exhalationsmineralen (Quartz, Carbonate, Barit) close, some of which are significant silver sulphides, Base metal sulfides and sulfosalts contain. These were deposited in layers, from the source, the fault, auslaufen.Verschiebungen eastward along the fault zone caused the Abrutschung and disruption of the pulse-like units and FlĂŒssigkeitenausstrĂ¶mungen led to brecciation in the resulting layers. This sequence is covered by fine tasteful silver veins, run perpendicular to all the geological layers and lead to very high silver content. This deposition sequence corresponds to the same sequence, who is responsible for the formation of the Eskay Creek deposit.
From the first and preliminary data integration and interpretation of this year's program is clearly, that a large part of the reservoir, in fact Torbrit exhalativer kind, was durable and carries a separate phase at very Ag rich hydrothermal VerĂ€derung. It is probably, that this environment in other places with a similar depositional environment (both adjacent layers, and in other) has led to the emergence of similar deposits. Tracking the trends defined in Torbrit structures could together with the results of geophysical modeling based on the VTEM- lead and ZTEM flight inspection to the discovery of other similar silver deposits along the distinct structural trends "Torbrit".
Compared to regional and inter-exhalativer nations examples of similar volcanic deposits, the Exhalithorizont DVT exceptional thickness and wide distribution on, This could indicate a very large hydrothermal system complete with a comparably sized seafloor hydrothermal vent system.
QualitĂ€tssicherungs-/QualitĂ€tskontrollmaĂnahmen and Qualified Person under Canadian National Instrument 43-101
The core recovery of diamond drilling was under this program 2013 in the mineralized sections at almost always 100%. Quality control measures included the addition of empty, Double- Standard and samples. All analytical results reported herein have passed the ongoing review of the company for the purpose of quality assurance / control. All samples, via 50 ppm silver were, were re-submitted and subjected to the metallic screening process. Due to the frequent Funds of coarse tasteful silver all future samples by means of the metallic Siebungsverfahrens are using large, one kilograms heavy, powdered sub-samples are analyzed for each section.
Paul McGuigan (P. Geo.), Vice President – Exploration von Dolly Varden Silver Corp.. In his capacity as a qualified person under National Instrument 43-101 the production of scientific and technical information, concerning this press release, monitored. Information on the process of data validation, Surveys and studies, quality assurance program and quality control measures and a summary of analytical or testing procedures are available on the website of the company available for inspection.
Certain statements and information in this press release are "forward-looking statements" or "forward-looking information" represents. All statements or information, which explicitly or implicitly on projections, Expectations, Assumptions, Plans, Objectives, Assumptions or future events or performance related (the often, but not always, using words or phrases such as "expects", "Assumes", "Believes", âplantâ, "Estimates", "Intends", "The peilt", "Goals", "Forecasts", "Objectives", "Potential" or. Or variations thereof are expressed by statements, state that certain events or results "may", "Might" or "will", or. the negative of these terms and similar expressions), are not historical fact and may be forward-looking statements or information. Forward-looking statements or information relate to, among other things, the exploration plans for the Company's concession area silver Dolly Varden and the Company's expectations with regard to the geological characteristics of the mineralization at its concession areas.
Forward-looking statements or information are subject to numerous known and unknown risks, Uncertainties and other factors, which could cause, that could cause actual events or results to differ materially from those, set forth in the forward-looking statements or information. These include, among other things,: the speculative nature of exploration and development stages in the Company's properties; and the possibility, that the geological, mineral and metallurgical models or expectations may prove to be untrue. This list is not all the factors enumerated, that could affect the forward-looking statements or information of the Company. The company has sought to, identify important factors, which may cause, cause actual results to differ materially. It can also lead to other factors, that the results not as expected, valued, failure described or intended. Readers are advised, not unconditionally reliance on forward-looking statements and information.
The forward-looking statements and information of the company based on the assumptions, Expectations and opinions of management on the date of this press release. Unless required by law, The company is not obliged, to update these forward-looking statements or information, if circumstances or management's views, Changing expectations and opinions of management or other events, affecting such statements or information, Change. For the reasons mentioned above, investors should not rely on forward-looking statements and information.
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Vanguard Shareholder Solutions
Martin Gagel, MBA, CFA
+1-604-608-0824 or 877-608-0829
Dolly Varden Silver Corporation
Ron Nichols, P. Closely.
President und CEO
+1-778-383-3083 or toll-free in North America: 1-855-381-3530
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