Hecla invests in Dolly Varden Silver, ups share to 15%-plus

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Hecla invests in Dolly Varden Silver, ups share to 15%-plus
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The Kitsault Valley silver-gold project has attracted Hecla, the largest silver producer in the U.S. Credit: Dolly Varden Silver

“Hecla’s support for Dolly Varden Silver’s high-grade Kitsault Valley project in BC’s prolific Golden Triangle is validated with today’s financing news. Hecla is the world’s fastest growing established silver producer, the largest in the US and soon to be in Canada,” said Dolly Varden CEO Shawn Khunkhun.

The project, including for the first time Homestake Ridge, has an indicated resource of 4.2 tonnes containing 34.7 million oz. silver, 166,000 gold, 2.87 million lb. copper, and 1.25 million lb. lead. The inferred resource for both areas is 6.8 million tonnes containing 29.2 million oz. silver, 816,800 oz. gold, 15.9 million lb. copper, and 17.3 million lb. lead

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