01:26 PM EDT, 08/07/2019 (MT Newswires) -- Dolly Varden Silver Corporation (DV.V), down 5.3% on last look, today announced the results of the second batch of 5 drill holes from the 2019 diamond drilling program. These holes are in the Chance Target Area, four kilometres north of the Torbrit deposit.

In the Chance Target Area, hole DV19-173 yielded 15.20 metres (13.16 m estimated true thickness) grading Ag 488.3 g/t, Pb 0.55 % and Zn 0.05 %, for a silver-equivalent of 513.0 g/t.

Also in the Chance Target Area, hole DV19-169 exhibits a splay of the Chance vein, with lower-grade material between the splays. The north splay of the Chance vein yielded 8.70 metres (6.15 m estimated true thickness) grading Ag 265.2 g/t, Pb 0.15 % and Zn 0.12 %, for a silver-equivalent of 276.9 g/t. The main Chance vein yielded 12.50 metres (8.84 m estimated true thickness) grading Ag 340.7 g/t, Pb 0.20 % and Zn 0.13 %, for a silver-equivalent of 355.0 g/t.

Price: 0.36, Change: -0.02, Percent Change: -5.26