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Dolly Varden Silver Soars 11.11% on Golden Triangle Expansion
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Jun 5, 2025 8:27 am ET1min read
Dolly Varden Silver's stock surged by 11.11% in pre-market trading on June 5, 2025, marking a significant rise in its share price.
Dolly Varden Silver has been actively expanding its portfolio in the Golden Triangle region. The company recently acquired the high-grade Silver Porter Project, which is expected to enhance its silver and gold reserves. This strategic acquisition is part of Dolly Varden's broader plan to strengthen its position in the region.
In addition to acquisitions, Dolly Varden has also initiated a comprehensive drilling program at the Kitsault Valley project. The program, which involves the use of four drill rigs, aims to explore and develop the high-grade silver and gold deposits in the area. This drilling initiative is a key component of the company's strategy to increase its resource base and potentially uncover new mineral deposits.
Dolly Varden's CEO, Shawn KhunKhun, has been vocal about the company's aggressive approach to acquisitions and drilling. He has emphasized the importance of the Kitsault Valley project and the potential it holds for the company's future growth. The CEO's statements have been well-received by investors, contributing to the positive sentiment surrounding the stock.
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