Greg Hall was formally the chief geologist at Placer Dome and is one of the mining industry's thought leaders in the development and integration of geochemical and lithogeochemical exploration techniques with other geoscientific exploration tools. Mr. Hall has 30 years of experience in the mining industry and extensive experience working with global mining companies. In his career, Mr. Hall has been involved in the discoveries of Barrick Gold's Granny Smith mine, Rio Tinto's Yandi iron ore mine and the Keringal mine in Australia. Mr. Hall holds a Bachelor of Applied Science degree from the University of New South Wales, Australia.
Mr. Hall has been providing the Company with advice related to the structural modeling and the application of advanced geochemical and lithogeochemical data collection analysis as applied to both our historical silver targets and a large Eskay Creek type gold silver rich VMS target at Red Point.
Mr. Netolitzky was instrumental in the discoveries of Eskay Creek, the Snip Mine and Brewery Creek gold deposits in BC and the Yukon, which earned him The Prospector of the Year Award in 1990 from the Prospectors and Developers Association of Canada. More recently Mr. Netolitzky's Viceroy Exploration, and its Gualcamayo gold deposit in Argentina, was acquired by Yamana Gold Inc. In May, 2010, Ron was an integral part of Osisko Mining Corporation's acquisition of a 77.28% interest in Brett Resources Inc.
Pursuant to the advisory agreements, our advisors will be entitled to receive consulting fees and to participate in the Company's share option plan at the discretion of the Company's board of directors.
Appointment of CFO Mr. Keith Margetson:
The Company is pleased to announce Mr. Keith Margetson, CA, CPA (Illinois) has been appointed as CFO effective immediately. Mr. John King Burns, Chairman of the Company, stated: "The appointment of Mr Margetson provides Dolly Varden with the services of a senior and experienced minerals industry accountant. This appointment will allow Dolly Varden to operate a more efficient accounting process, allowing for better and prompt communications with all of our stakeholders. This appointment will also allow us to upgrade our overall management accounting and regulatory reporting systems and capabilities."
Mr. Margetson qualified as a chartered accountant in 1975 and has operated his own accounting firm, K.R. Margetson Ltd. Chartered Accountants, since 1992. He has served as the CFO for a number of public companies, as well as having served as an auditor and as an advisor providing other accounting and business advisory services to private and public companies alike.
Daisy Duong, who previously held the CFO role, has left the Company. The Board of Directors would like to thank Mrs. Duong for her contributions to Dolly Varden and wish her well in her future pursuits.
About Dolly Varden
Dolly Varden Silver Corporation is a Canadian-based mineral exploration company focused on the exploration and development of the 100% owned, historic Dolly Varden silver and gold property located in northwestern British Columbia.
The Dolly Varden silver property consists of 9,400 hectares which includes four well-defined high grade silver deposits, two of which have seen historic production totaling 20 million ounces of silver. All four deposits have remaining historic mineral resources and are situated in the same geologic setting as the past-producing Eskay Creek gold-silver-rich VMS deposit. The Company has two strategies for creating value at the Dolly Varden silver project: to confirm the historic silver resources with the goal to re-start the mining of historic deposits and to explore a major, untested Eskay Creek-type gold and silver rich VMS target, located northwest of the past producing mines.
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