Dolly Varden, Hecla work together in BC
Last updated 4/2/2017 at Noon
Dolly Varden Silver Corp. March 27 said it is collaborating with Hecla Mining Co. to carry out an airborne geophysical survey covering Dolly Varden's Big Bulk copper-gold project and Hecla's neighboring Kinskuch silver project in northwestern British Columbia.
Hecla will serve as operator for the geophysical survey.
"Cooperative effort between companies working in a region is a good way to keep exploration costs down while still achieving the exploration goals," said Dolly Varden President and CEO Gary Cope.
The ZTEM (Z-Axis tipper electromagnetic) survey being flown over the properties detects the natural fields of the Earth as a source of transmitting energy, which is particularly well suited for identifying area of high sulfide mineralization.
Dolly Varden is porphyry and skarn prospect comparable to those identified at IDM Mining's Red Mountain property and Hecla's Kinskuch is a volcanogenic massive sulfide silver property with similarities to its Greens Creek property in Alaska.