VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/03/13 -- Dolly Varden Silver Corporation (TSX VENTURE: DV)(OTCBB: DOLLF) ("Dolly Varden" or the "Company") is pleased to announce the addition of Dr. Hans E. Madeisky to Dolly Varden's Technical Advisory Committee and to his role as senior consulting Geochemist. Dr. Madeisky has 40+ years' industry experience and is a world leading expert on the alteration and geochemisty of VMS-type deposits. His analysis will be highly complementary as Dolly Varden begins its summer drill program to define and expand its historic silver resources, and identify an Eskay-Creek style precious metal rich VMS target related to the interpreted source alteration - feeder zone located at Red Point, just northwest of the historic Torbrit mine.
Dr. Hans Madeisky joins Mr. Greg Hall and Mr. Ron Netolitzky on the Technical Advisory Committee. Dr. Madeisky is credited with finding the main ore body at Getchell using applied practical geochemical methods. Mr. Ron Netolitzky was the discovery Geologist at Eskay Creek. Greg Hall was the discovery Geologist at Granny Hall.
Mr. John King Burns, Chairman of the Company, states that:
"We are excited to add the expertise of three accomplished mine finders to Dolly Varden's team.
At Red Point, we potentially have a very large, world-class, high grade gold/silver VMS system, geologically similar to Eskay Creek. Our alteration zone is at least 10x as large as Eskay Creek's, and appears to be the result of an extensive and long-lived feeder zone related to a potential Eskay Creek-type deposit. Our target extends northwest along a continuous variously mineralized horizon from our historic Torbrit mine to the Red Point area.
Dr. Madeisky is using the incidence of indicator minerals combined with other geotechnical tools to refine our conceptual geological model, with the objective of defining higher grade target areas within this very large mineralized horizon. We are very excited that the geochemical data is congruent with our other geotechnical data sets. We will be able to refine our drill targets during the summer as Dr. Madeisky integrates our structural mapping, geophysical modeling and initial drill results with the geochemical data.
Applying his methods and tools should allow our discovery hole to come much sooner."
The Dolly Varden Technical Advisory Committee:
Dr Madeisky is a geologist with over 40 years of experience, primarily in VMS, MVT, and precious metals exploration. He is a graduate of the University of Ottawa (BSc Geology) and of the Royal School of Mines, Imperial College, University of London (MSc MinEx), DIC, PhD (Geology). Dr. Madeisky is also a registered member of the Association of Professional Engineers and Geoscientists of British Columbia. His research dealt with the "Quantitative Analysis of Hydrothermal Alteration", and, in particular, its practical application to mineral exploration. He is the author of several publications and has taught a number of short courses on the subject. For the past 30 years he has been an independent consultant, advising a number of junior exploration companies, major mining companies, and large institutions, such as the Geological Survey of Pakistan, the Asian Development Bank, the Geological Survey of Norway, the British Museum (Natural History), and the Office National des Mines of Tunisia.
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