I'd love to take credit for all the success we've had at Dolly Varden, but the truth is I’ve been standing on the shoulders of a chain of talented geologists, financiers and builders who came before me.
When I first looked at Dolly Varden, I had been working for gold companies for 15 years. I had one important thing in my possession: the insight that silver out-performs gold in bull markets. Looking down at the Kitsault Valley from a 40,000-foot elevation, I saw host acreage, I saw Hecla and I saw Dolly Varden.
I knew there were 40 million ounces of silver in the ground, because that was the defined resource. I knew it was a past producer, because that’s a recorded part of BC’s history. At one point the Dolly Varden Mine was the richest silver mine in the British Empire.
I owe a debt to many people, like Walter Coles of Skeena Resources, who had the idea to reawaken past treasures in the Golden Triangle. He partnered with Ron Netolitzky, who had made huge discoveries in the area.
Before acquiring Dolly Varden, I sought the counsel of Rob McLeod, the lead technical advisor to the Fiore Group of Companies. McLeod is a geologist and mining executive with a 30-year track record developing resources in Alaska, Yukon, Nunavut, Ontario and Nevada. But his closest ties are to The Golden Triangle in British Columbia.
Rob’s father, Ian McLeod served as the mayor of Stewart, BC, and was a close ally of Nisga’a nation. Back in 1949, McLeod Sr. helped run an election campaign for Dr. Frank Calder, the first indigenous person to serve Public Elected office for any provincial legislature in Canada.
Rob McLeod knows the history and geology of the Kitsault Valley better than anyone on this planet. He is the original driving force and the visionary for the modern iteration of Dolly Varden Silver. He is a Technical Advisor and Director of Dolly Varden.
Other important team members include our CFO Ann Fehr, our Chairman Darren Devine, Directors Michael Henrichsen, James Sabala and Technical Advisors Kurt Allen, Ryan Weymark, Jodie Gibson and James Sabala.
We are in the business of building an inventory of precious metals. The person leading that endeavor is our VP of Exploration, Robert Van Egmond, P.Geo. He’s worked in North America, South America and Africa, with major mining companies like BHP.
Van Egmond also conducted exploration and pre-development work in the Iskut River/Golden Triangle area for Cominco. You know when you are in the room with an expert. Van Egmond is the beating heart of Dolly Varden’s Exploration team.
In an earlier message, I told you about rising DV geologist Amanda Bennett and the drill-pad builder, Phillip Clayton. There are many other contributors you won’t see listed on our “deck” (investor presentation).
A successful resource company requires a chain of talented people; every link is important.
In the next message, I will talk about exit strategies.
Shawn Khunkhun
CEO, President & Director of Dolly Varden Silver
Forward Looking Statements
This release may contain forward-looking statements or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including, without limitation, statements containing the words “believe”, “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “potential”, and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Dolly Varden to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Forward looking statements or information in this release relates to, among other things, the 2022 drill program at the Kitsault Valley Project, the results of previous field work and programs and the continued operations of the current exploration program, interpretation of the nature of the mineralization at the project and that that the mineralization on the project is similar to Eskay and Brucejack, results of the mineral resource estimate on the project, the potential to grow the project, the potential to expand the mineralization and our beliefs about the unexplored portion of the property.
These forward-looking statements are based on management's current expectations and beliefs and assume, among other things, the ability of the Company to successfully pursue its current development plans, that future sources of funding will be available to the company, that relevant commodity prices will remain at levels that are economically viable for the Company and that the Company will receive relevant permits in a timely manner in order to enable its operations, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.
For additional information on risks and uncertainties, see the Company's most recently filed annual management discussion & analysis ("MD&A") and management information circular dated January 21, 2022 (the "Circular"), both of which are available on SEDAR at www.sedar.com. The risk factors identified in the MD&A and the Circular are not intended to represent a complete list of factors that could affect the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release.