The first batch of drill results from expansion drilling at Kitsol and Torbrit are out, and they’re impressive. This is part of management’s 2023 exploration drill program at their 100%-owned Dolly Varden property in BC’s Golden Triangle.

Highlights at Kitsol include:

• 297 g/t Ag (silver) over 8.32 meters, including 1,090 g/t Ag over 0.90 meters.
• 342 g/t Ag over 18 meters, including 2,270 g/t Ag over 0.50 meters and 995 g/t Ag with 3.6% Pb (lead) over 0.60 meters.
• 496 g/t Ag over 9.57 meters, including 1,100g /t Ag over 0.73 meters.

There are more highlights, which you can see in the table of the press release linked above. You’ll notice that only two holes of the 11 reported here had “NSV” (No Significant Value). True widths have yet to be determined, but overall, this is a very strong set of assays.

Management liked what they saw so much they added a 5^th drill to the site, and expanded the drill program by 10,000 meters to an impressive 55,000 meters. Over 70 drill holes have already been completed to date, with lots more to come.

As CEO Shawn Khunkhun summarizes (emphasis mine), “As the flow of results from our fully funded 2023 exploration drill program have started, we continue to see successful resource expansion drilling at the Kitsol Vein, intersecting high grade silver mineralization over wide intervals, that is potentially amenable to bulk underground mining methods. We are excited to have the fifth drill turning as it will allow us to allocate extra meters to exploration drilling on our priority list of targets along the Kitsault Valley trend.”

The stock is weak today, the drop in the silver price not helping, but if you follow me on Twitter you saw I bought more shares two weeks ago. Today is a good day for you too, if you like what’s happening here.

Courtesy of the Gold Advisor