Dolly Varden Silver Corporation

Company Data | Introduction | Projects in Hand | Management
News Update | Chinese

Company Data

Introduction

Dolly Varden Silver Corporation is a silver and gold exploration company focused on advancing its 100-per-cent-held Kitsault Valley Project (which combines the Dolly Varden and Homestake Ridge projects) located in the southern tip of Golden Triangle of British Columbia, Canada, just south of the high-grade Brucejack and Eskay Creek gold mines. The Kitsault Valley Project is one of the largest high-grade, undeveloped precious metal assets in the Golden Triangle.

The Project was formed on February 25, 2022 as a result of Dolly Varden Silver Corp.’s acquisition of the adjacent Homestake Ridge project from Fury Gold Mines Ltd. for $39.2M. ( https://www.dollyvardensilver.com/dolly-varden-silver-and-fury-gold-mines-complete-consolidation-of-the-high-grade-silver-gold-kitsault-valley-project/ )

The combined project consolidates the highly mineralized Kitsault Valley Trend along with seven precious metal deposits thereby transitioning the Company’s 100% silver project to a project with 50/50 silver and gold resources measured by value.

Combined Project Benefits

• 163 sq. km land package
• Large 50/50 silver and gold resources
• Economies of scale and synergies for exploration and development
• Hub and spoke mine model potential
• Safe, mining friendly jurisdiction with stable mining and tax laws
• Provides investors leverage to silver and gold prices
• Opportunity to further increase shareholder value by de-risking the project and through discovery

FLAGSHIP PROJECT

Kitsault Valley Project, British Columbia

Dolly Varden Silver’s 100% held, 163 sq. km Kitsault Valley project hosts the high-grade silver and gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines. It is considered to be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits, such as Eskay Creek and Brucejack. The Project also contains the Big Bulk property which is prospective for porphyry and skarn style copper and gold mineralization, similar to other such deposits in the region (Red Mountain, KSM, Red Chris).

Infrastructure

• 25km road maintained by operators provides tidewater access at Alice Arm
• 30km from power grid and the town of Kitsault
• 46km SE of the deep-water port of Stewart
• 170km from the town of Terrace

Combined Silver Equivalent: 47,180,475 oz Indicated & 90,530,925 oz Inferred

Combined Gold Equivalent: 629,073 oz Indicated & 1,207,079 oz Inferred

2023 Exploration

51,527m of exploration drilling in 2023

• Continued property scale target generation
• Build on successful expansion at Wolf & Homestake Ridge
• Testing exploration targets with discovery potential along underexplored portions of the Kitsault Valley Trend
• Consolidate Big Bulk Copper-Gold porphyry system. Possible heat source for Kitsault Valley deposits
• Continued to test below the sediment cap that covers the possible connection between the Wolf and Torbrit/Kitsol zones

Wolf Vein

Wolf Vein System extended to the SW and NE from the existing Mineral Resource for a total plunge length of 900m to the high-grade Silver zone.

The Wolf Vein mineralization remains open to depth and up plunge for further expansion. The down dip zone intersected 400m below the high-grade shoot is a parallel zone open in all directions.

• DV22329: 1,499 g/t Ag over 15.94m incl. 23,997 g/t Ag over 0.35m
• DV22273: 214 g/t Ag over 17.50m incl. 1,532 g/t Ag over 1.22m
• DV22320: 321 g/t Ag over 12.85m incl. 664 g/t Ag over 1.63m
• DV23375: 461 g/t AgEq over 26.99m incl. 2,260 g/t AgEq over 0.5m
• DV23379: 287 g/t AgEq over 18.21m incl. 1,170 g/t AgEq over 0.5m
• DV23368: 381 g/t Ag over 29.34m incl. 1,898 g/t Ag over 1m

Homestake Silver Deposit

“The 2023 drilling at Homestake Silver has identified a substantial zone of exceptional precious metal grades, often typified by multiple phases of silver and gold mineralization, over wide, continuous intervals that are potentially amendable to bulk underground mining methods,” said Shawn Khunkhun, CEO of Dolly Varden Silver.

“Applying what was learned from the structural reinterpretation work at the Homestake Main gold zone to the existing wider spaced drilling at Homestake Silver Zone has led to the discovery of high-grade pathways within a continuous mineralized envelope with average precious metal grades above the average resource grades and over much wider intervals than expected”, states Rob Van Egmond, P.Geo., Vice President of Exploration.

• HR22-328: 27.44 g/t Au & 463 g/t Ag over 9.16m incl. 75.13 g/t Au & 2,337 g/t Ag over 1.77m
• HR22-333: 46.31 g/t Au & 70 g/t Ag over 25.00m incl. 1,145 g/t Au & 826 g/t Ag over 0.48m
• HR23-416: 357 g/t AgEq over 93.95m incl. 2,802 g/t AgEq over 9.16m
• HR23-415: 630 g/t AgEq over 22.80m incl. 1,754 g/t AgEq over 6.80m
• HR23-419: 315 g/t AgEq over 79.20m incl. 1,508 g/t AgEq over 9.22m

(See news release dated January 16, 2024)

The 2023 step-out drilling at the Homestake Ridge property intersected a new gold-rich zone, to the northwest from the Homestake Silver Deposit. This new zone remains open to the northwest, projecting towards the Homestake Main Deposit.

• HR23-389: 15.26 g/t Au & 20.05 g/t Ag (15.50 g/t AuEq) over 66.50m incl. 79.49 g/t Au over 12.45m & 1,335.00 g/t Au & 781 g/t Ag over 0.68m
• HR23-399: 2.68 g/t Au over 57.70m incl. 43.10 g/t Au over 1.01m & 40.33 g/t Au over1.75m
• HR23-410: 10.17 g/t Au over 6.61m incl. 50.70 g/t Au over 0.62m
• HR23-374: 1.22 g/t Au over 83.51m incl. 22.60 g/t Au over 0.67m & 18.75 g/t Au over 2.00m
• HR23-386: 1.47 g/t Au over 52.26m incl. 18.14 g/t Au over 2.50m & 69.90 g/t Au over 0.50m
• HR23-390: 1.92 g/t Au over 50.30m incl. 129.00 g/t Au over 0.50m

(See news release dated February 12, 2024)

Community

• Building strong relationships with First Nations
• Maximizing business and training opportunities
• Developing mutually beneficial relationships
• Regular and transparent dialogue
• 1/3 of the exploration team is from the Nisga’a Nation
• Maximizing employment

Management

Management, Directors and Advisors

Shawn Khunkhun, CEO, President and Director

Mr. Khunkhun has over 20 years of experience in the capital markets, mineral exploration and development sector with a focus on enhancing shareholder value. He has served in a variety of strategic roles including Investor Relations, Corporate Development, CEO, Director and Executive Chairman. Mr. Khunkhun has been instrumental in creating awareness for undervalued companies including grass root explorers, developers and producers. Mr. Khunkhun’s experience in incubating and growing early stage companies through capital raises, acquisitions, joint ventures and spinouts, as well as long-standing relationships with an extensive global network of HNW investors, private equity and institutional investors, analysts, brokers, and investment bankers, have been a valuable asset to growing mineral explorations companies. Mr. Khunkhun is a Director of Goldshore Resources Inc. and is Director & Executive Chairman of StrikePoint Gold. Mr. Khunkhun has facilitated over $1B in capital raises.

Robert Van Egmond, P.Geo., Vice President of Exploration, Qualified Person

Mr. van Egmond has over 25 years of experience in the international mining industry. His career encompasses a wide spectrum of experiences ranging from grass roots project generation to pre-feasibility level resource development and mine geology. He has worked with major mining companies (Cominco, BHP, Kennecott) and junior explorers (Orex Minerals, Platinum Group Metals, Candente, Northern Dynasty, Keewatin) gaining experience in a wide variety of commodities and deposit types spanning locations North and South America as well as Africa. Included in his experience are several years of exploration and pre-development work in the Iskut River/Golden Triangle area with Cominco.

Ann Fehr, CPA, CGA, Chief Financial Officer

Ms. Fehr has more than 25 years of business experience. She has held part-time officer positions for venture listed companies since 2009 and is the founder and president of Fehr & Associates.

Darren Devine, Chairman and Director

Michael Henrichsen, P.Geo., Director

Robert McLeod, Director, Technical Advisor

James Sabala, Director

Tim Clark, Director

Kurt Allen, Technical Committee

Ryan Weymark, P.Eng., Technical Advisor

Jodie Gibson, P.Geo., Technical Advisor

Ivan Bebek, Advisor

News Update

On November 04, 2024, Dolly Varden Silver Corporation announced the drill results from its 2024 program at the Homestake Silver deposit in BC's Golden Triangle. The five (5) drillholes reported in this release, targeted the plunge of a wide, high-grade zone within the Homestake Silver Deposit within a wide gap of previous drilling. The 2024 Kitsault Valley Project drill program is finished for the season, with 69 drill holes completed for a total of 31,726m; 41 holes totalling 15,5467 meters were drilled at the Dolly Varden area and 28 holes totalling 16,181 meters were drilled at Homestake Ridge. Results are pending on an additional 23 drill holes from Homestake Silver and property wide exploration drilling.

"The identification of a gold-rich, wide and high-grade area within the Homestake Silver Deposit is highly encouraging," said Shawn Khunkhun, CEO of Dolly Varden Silver. "Our geological team is encouraged by overlapping mineralizing phases of silver and gold rich veins and breccias; the deposit remains open for expansion."

On October 01, 2024, Dolly Varden Silver Corp. completed 11.5 million share private placement.

Financing type: underwritten prospectus offering

Gross proceeds: $11.5-million (with overallotment)

Offering: 10 million listed shares (11.5 million listed shares with overallotment)

Offering price: $1 per listed share

Overallotment option: The underwriters may purchase a maximum of 1.5 million listed shares for overallotment purposes. As of Sept. 4, 2024, such option was exercised in full and 1.5 million listed shares have been issued thereunder. All information presented herein includes such exercise.

On September 27, 2024, Dolly Varden Silver Corporation announced the closing of the second and final tranche of its previously announced bought deal financing (the "Offering") for additional gross proceeds of $4,500,000 from the issuance of 3,600,000 FT Shares (as defined below). The aggregate gross proceeds to the Company from the completion of the Offering (including the gross proceeds raised from the completion of the first tranche of the Offering on September 4, 2024) is $32,200,000.

The net proceeds from the sale of Common Shares will be used for working capital and general corporate purposes. The gross proceeds from the sale of FT Shares will be used for further exploration, mineral resource expansion and drilling in the combined Kitsault Valley project, located in northwestern British Columbia, Canada, or any other eligible Canadian property of the Company, as well as for working capital as permitted, as Canadian Exploration Expenses as defined in paragraph (f) of the definition of "Canadian exploration expense" in subsection 66.1(6) of the Tax Act and "flow through mining expenditures" as defined in subsection 127(9) of the Tax Act that will qualify as "flow-through mining expenditures" and "BC flow-through mining expenditures" as defined in subsection 4.721(1) of the Income Tax Act (British Columbia), which will be incurred on or before December 31, 2025 and renounced with an effective date no later than December 31, 2024 to the initial purchasers of FT Shares.

On September 09, 2024, Dolly Varden Silver Corp. has released results from the Wolf vein high-grade silver plunge expansion directional drilling. Drill hole DV24-416 averaged 654 grams per tonne silver, 0.47 per cent lead and 0.57 per cent zinc over 21.48 metres, and drill hole DV24-408 averaged 513 g/t Ag, 2.95 per cent Pb and 1.82 per cent Zn over 27.19 metres. Both holes are located on the same vertical section and are separated by 44 m vertically. The intersections demonstrate consistent thicknesses and indicate an increased vertical extent to the mineralized zone as it plunges to the southwest. The 2024 exploration drill program on the Kitsault Valley project has been expanded to 32,000 m from the initial planned 25,000 m based on the successful drilling and supported by the recently completed financing. Currently, three drills continue expansion drilling at the Homestake silver deposit.

Wolf vein extension drilling, highlights include:

• DV24-416: 654 g/t Ag, 0.47 per cent Pb and 0.57 per cent Zn over 21.48 metres, including 1,000 g/t Ag, 0.11 g/t gold, 0.62 per cent Pb and 0.64 per cent Zn over 7.70 metres;
• DV24-408: 513 g/t Ag, 2.95 per cent Pb and 1.82 per cent Zn over 27.19 metres, including 2,520 g/t Ag, 0.34 g/t Au, 0.18 per cent Pb and 0.88 per cent Zn over 2.80 metres.

"The Wolf vein continues to deliver exceptional silver grades, often with significant base metal values and strong native silver mineralization over potentially bulk minable widths. The extended drill program will prioritize lateral and vertical stepouts from these new Wolf results and follow up at other exploration targets, including the silver zone at Moose. Resource expansion and exploration drilling efforts at the Homestake silver deposit continues within the projection of wider higher-grade gold and silver plunge zone defined in 2023," said Shawn Khunkhun, chief executive officer of Dolly Varden.

On September 04, 2024, 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, acquired two million common shares of the Dolly Varden Silver Corp. for total consideration of $2-million pursuant to a prospectus offering. Prior to the acquisition, Mr. Sprott beneficially owned 28,499,483 shares representing approximately 10.0 per cent of the outstanding shares.

As a result of the acquisition, Mr. Sprott now beneficially owns 30,499,483 shares representing approximately 9.8 per cent of the outstanding shares. The acquisition, combined with previous treasury issuances of shares, resulted in a decrease in holdings of approximately 1.8 per cent since the date of the last filing of an early warning report and brings total holdings to under 10 per cent. As a result, Mr. Sprott and 2176423 Ontario Ltd., ceased to be insiders of Dolly Varden Silver.

On September 04, 2024, Dolly Varden Silver Corp. has closed the first tranche of its previously announced bought deal financing for aggregate gross proceeds to the company of $28-million. Pursuant to the closing of the first tranche of the offering, Dolly Varden sold: a) 11.5 million common shares of the company at a price of $1.00 per common share for gross proceeds of $11.5-million, issued under a prospectus supplement dated Aug. 21, 2024, to the company's final short form base shelf prospectus dated April 25, 2023, including the full exercise of the overallotment option under the prospectus offering; and b) 12.96 million common shares that qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) at a price of $1.25 per FT share for gross proceeds of $16.2-million, on a bought deal private placement basis.

Eric Sprott, through 2176423 Ontario Ltd., participated in the prospectus offering.

On August 20, 2024, Dolly Varden Silver Corp. has entered into an amended agreement with Research Capital Corp. (as the sole bookrunner) and Haywood Securities Inc., as co-lead underwriters, on behalf of a syndicate of underwriters, including Raymond James Ltd., to increase the size of its previously announced bought deal financing, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, a combination of securities of the company for aggregate gross proceeds to the company of $28-million.

The net proceeds from the sale of common shares will be used for working capital and general corporate purposes.

On August 19, 2024, Dolly Varden Silver Corp. has released additional results from the Wolf vein step-out directional drilling. Drill hole DV24-412 averaged 606 grams per tonne silver over 16.20 metres on a 45 m step-out from 2023 drilling and 31 m below DV24-404 (previously released Aug. 12, 2024). Approximately 8,000 metres of a continuing 25,000 m drill program at the company's 100-per-cent-owned Kitsault Valley silver and gold project is being drilled at the Wolf vein to expand and infill the plunge of high-grade silver mineralization.

Wolf vein step-out drilling - Highlights include:

• DV24-412: 606 g/t Ag, 0.61 per cent lead and 1.43 per cent zinc over 16.20 metres, including 868 g/t Ag, 0.18 per cent Pb and 0.88 per cent Zn over 2.27 metres;
• DV24-414: 771 g/t Ag, 2.93 per cent Pb and 2.29 per cent Zn over 3.77 metres, including 1,065 g/t Ag, 4.64 per cent Pb and 3.48 per cent Zn over 2.26 metres within a 15.02 m wide vein breccia zone grading 254 g/t Ag, 0.86 per cent Pb and 1.34 per cent Zn.

On August 19, 2024, Dolly Varden Silver Corp. has entered into an agreement with Research Capital Corp., as the sole bookrunner and co-lead underwriter, and together with Haywood Securities Inc. as co-lead underwriters, on behalf of a syndicate of underwriters, including Raymond James Ltd., pursuant to which the underwriters have agreed to purchase, on a bought deal basis, a combination of securities of the company for aggregate gross proceeds to the company of $25-million.

On August 12, 2024 Dolly Varden Silver Corp. announced the first results from the Wolf Vein step-out directional drilling.

Dolly Varden Silver is advancing its 100% held Kitsault Valley Project, located in the Golden Triangle of British Columbia, Canada. The 163 sq. km. project hosts high-grade silver and gold resources . The recently consolidated Big Bulk project 5 km to the east is prospective for porphyry and skarn style copper and gold mineralization.

The 40-meter southwest Wolf Vein step-out intersected 1,091 g/t silver over 9.38 meters, with significant base metal grades. (intervals shown are core length, true width is estimates to be 60 to70%).

“Step-out holes are higher risk and higher reward than infill drilling,” Rob van Egmond, P.Geo., VP Exploration for Dolly Varden Silver explained to Guy Bennett, the CEO of Global Stocks News (GSN). “There is a possibility that a step-out hole will be dead, which cuts off your speculation.”

“The upside with a step-out hole is that it may reveal something new,” van Egmond continued. “In this case, we are exploring a mineralised plunge that is returning high grade results, and appears to be getting wider, as we go deeper.”

“We are seeing significant native silver in the core. Metallurgically speaking, that makes it easier to extract the silver from the rock.”

On June 24, 2024, Dolly Varden Silver is advancing its 100% held Kitsault Valley Project, located in the Golden Triangle of British Columbia, Canada. The 163 sq. km. project hosts the high-grade silver and gold resources . The recently consolidated Big Bulk project 5 km to the east is prospective for porphyry and skarn style copper and gold mineralization.

DV’s precious metal inventory has increased 300% in the last four years through land consolidation and drilling. Key Highlights of 2024 Drilling Program:

• Three drill rigs mobilised
• Initial 25,000 meters diamond drilling planned
• Focus on Homestake Silver and Wolf Deposits
• Follow up on new discoveries

“Exploration drilling is important for Dolly Varden,” Rob van Egmond, V.P of Exploration for DV Silver told Guy Bennett, the CEO of Global Stocks News (GSN). “ We see growth potential on the property. There's a lot unexplored areas, and surface showings that deserve attention. The allocation of this summer’s exploration meters includes four or five targets.”

On June 19, 2024, Dolly Varden Silver Corp. has released the first drill results from the 2024 exploration program, intersecting high-grade silver mineralization at the Moose and Chance veins within the Kitsault Valley project. Three rigs are currently drilling with 25 holes completed or in-progress. Highlights include*:

• Moose VeinDV24-387: 977 g/t Ag over 5.00 metres, including 3,670 g/t Ag over 0.79 metres
• Chance VeinDV24-388: 206 g/t over 23.03 metres, including 597 g/t Ag over 1.40 metres and 749 g/t Ag over 0.50 metres

*All intervals shown are core length. Estimated true widths vary depending on intersection angles and range from 70% to 90% of core lengths, further modelling of the new interpretation is needed before true widths can be calculated.

"These excellent results from the first hole at the Moose Vein from the 2024 program exhibits similar geological and mineralization features to the Wolf deposit located 1,400 metre south, suggests that this area has potential to emerge into the northernmost silver deposit along the 5 kilometre long trend that also hosts the Dolly Varden, Torbit and North Star deposits. Limited drilling has been completed at Moose and the robust nature of the mineralized structure suggests a strong mineralizing system. Additionally, the first results over a significant width from the Chance Vein are also very encouraging," said Shawn Khunkhun, CEO of Dolly Varden Silver.

On May 21, 2024, Dolly Varden Silver Corp.'s 2024 exploration drill program has started at its 100-per-cent-owned Kitsault Valley project. Three drill rigs have been mobilized and are testing exploration targets at Moose Vein, Chance Vein and the North Star Deposit step out. Objectives of the initial targets include testing for new discoveries and following up from high-grade silver mineralization encountered in the 2023 drilling program.

Drill meterage in the 2024 drill program will be split approximately evenly between the Dolly Varden Property and the Homestake Ridge Property, with an overall project split of one third each to the Homestake Silver deposit, to the Wolf deposit area and to project wide exploration targets with discovery potential.

"With drilling already underway, our 25,000 meter program is the earliest startup for of any season for Dolly Varden Silver and we look forward to building on resource expansion and high-grade mineralization discovered during the 2023 program. We are excited to continue to grow the premier advanced silver project in Canada, backed by our strong corporate, institutional and strategic investors," said Shawn Khunkhun, CEO of Dolly Varden Silver.

On April 23, 2024, Dolly Varden Silver Corp. is talking about its plans for the 2024 exploration drilling program at its 100-per-cent-owned Kitsault Valley project. An initial 25,000 metres of diamond drilling is planned, starting with three drills. The focus will be on following up on new discoveries as well as stepping out from wide, higher-grade intercepts from the 2023 drilling, particularly at the Homestake Silver and Wolf deposits. Mobilization will be in the first week of May, allowing for an earlier start on exploration than previous years due to a low snow pack.

The drill program will be split approximately 50/50 between the Dolly Varden property and the Homestake Ridge property, with an overall project split of one-third to the Homestake Silver deposit area, one-third to the Wolf deposit area and one-third to the project-wide exploration targets with new discovery potential.

"Our drill results from Homestake Silver were among the highest-grade gold and silver intercepts anywhere in the Golden Triangle in 2023; our priority with this early start is to continue with stepouts as well as infill drilling to confirm continuity of the potentially bulk-minable mineralization. Further south, silver mineralization at Wolf remains wide open for expansion and this seasons' introduction of directional drilling technology will allow for highly accurate placement of drill intercepts," said Shawn Khunkhun, chief executive officer of Dolly Varden Silver.

On April 03, 2024, Pursuant to its stock option plan, Dolly Varden Silver Corp. has granted stock options to directors, officers and consultants to purchase an aggregate of 2,649,000 common shares of the company. The stock options will be exercisable at a price of 84 cents per share with an expiry of March 28, 2029.

The company has granted an aggregate of 1,183,000 restricted share units to officers and directors of the company, which will vest equally over three years, with first vesting occurring after one year. Each vested RSU entitles the holder to receive one common share of the company. The grant of RSU is subject to the company's restricted share unit plan.

The company also wishes to confirm that, in connection with the company's recently completed bought deal public offering, the underwriters received an aggregate cash fee of $749,999 equal to 5.0 per cent of the gross proceeds of the offering.

On March 26, 2024, Dolly Varden Silver Corp. has closed its previously announced bought deal public offering for gross proceeds to the company of $14,999,985. Pursuant to the offering, Dolly Varden sold 14,285,700 shares of the Company on a charitable basis (each, a "Charity FT Share") that will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) at a price of $1.05 per Charity FT Share.

The Offering was completed by a syndicate of underwriters co-led by Research Capital Corporation, as co-lead underwriter and sole bookrunner, and Haywood Securities Inc., as co-lead underwriter, and including Raymond James Ltd. (collectively, the "Underwriters"). Mr. Eric Sprott, through 2176423 Ontario Ltd., participated in the Offering.

"We are grateful for the continued support from key shareholders including Eric Sprott. Having already established one of the richest undeveloped high-grade silver and gold projects in Western Canada, these funds will enable the Company to continue to follow up on the newly discovered high-grade gold at Homestake and the wide and high-grade silver deposits at Wolf and the past producing Torbrit mine," commented Shawn Khunkhun, CEO.

On March 14, 2024, Fury Gold Mines Ltd. has completed the previously announced sale of 5.45 million common shares of Dolly Varden Silver Corp. (see news release dated March 6, 2024). The shares were sold at a price of 73.5 cents per Dolly Varden share to a group of institutional investors arranged by the company's agent, Haywood Securities Inc., for total gross proceeds of $4,005,750.

The net proceeds of the sale will be used for continued exploration at the company's Eau Claire and Eleonore South projects in Quebec and for general working capital. Following today's announcement, Fury now holds approximately 19.99 per cent of the common shares of Dolly Varden and is well capitalized for its coming exploration activities. Following the closing of Dolly Varden's bought deal offering, which is anticipated to close on March 21, 2024, Fury will hold approximately 18.99 per cent of its common shares outstanding.

February 12, 2024, Dolly Varden Silver's Step-Out Drilling at Homestake Ridge Discovers New, High-Grade Gold Zone: 79.49 g/t Au Over 12.45m, Including 1,335 g/t Au Over 0.68m

https://dollyvardensilver.com/dolly-varden-silvers-step-out-drilling-at-homestake-ridge-discovers-new-high-grade-gold-zone-79-49-g-t-au-over-12-45m-including-1335-g-t-au-over-0-68m/

January 16, 2024, Dolly Varden Silver Intersects 93.95 m of 357 g/t AgEq including 9,422 g/t AgEq over 1.02m expanding Homestake Silver High-Grade Trend

https://dollyvardensilver.com/dolly-varden-silver-intersects-93-95-m-of-357-g-t-ageq-including-9422-g-t-ageq-over-1-02m-expanding-homestake-silver-high-grade-trend/

November 6, 2023, Dolly Varden Silver Intersects 461 g/t AgEq over 26.99m, incl. 2,260 g/t AgEq over 0.5m in 81 meter Step-out at Wolf

https://dollyvardensilver.com/dolly-varden-silver-intersects-461-g-t-ageq-over-26-99m-incl-2260-g-t-ageq-over-0-5m-in-81-meter-step-out-at-wolf/

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