Mine$tockers AI Agent

Company Overview

Dolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100% held Kitsault Valley Project located in the Golden Triangle of British Columbia, Canada, 25kms by road to deep tide water.

The 163 sq. km. 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).

The Company’s common shares are listed and traded on the TSX.V under the symbol DV and on the OTCQX system under the symbol DOLLF.

Investment Highlights:

• Aggressively exploring and developing its 100% held Kitsault Valley project located in the world-class B.C. Golden Triangle:
  • District scale potential with 163 sq. km. land package just south of the high-grade Brucejack and Eskay Creek gold mines
  • Formed on February 25, 2022, as a result of Dolly Varden’s acquisition of the adjacent Homestake Ridge project from Fury Gold Mines
  • Combined project consolidates the highly mineralized Kitsault Valley Trend along with seven precious metal deposits
  • The project is rare having significant resources of silver in a safe jurisdiction (MRE listed Below)
• Benefits to shareholders of the project consolidation include:
  • A larger project increases its economic viability
  • Economies of scale – savings on exploration, studies, permitting, development, and operation
  • Consolidates 15 km of strike for exploration including 5.4 km of underexplored ground between the Wolf and South Reef deposits
  • Surface geochemistry of gold and silver on the Kitsault Valley along with geophysics and geological modelling suggest discovery potential of additional mineral discoveries between deposits

Five drills have completed 51,527 m of diamond drilling on the 2023 program with the flow of results still incoming. Highlights to date:

• Wolf Vein:
  • DV23-368: 381 g/t Ag over 29.34 m, including 1,898 g/t Ag over 1.00 m from a 75m Southwest step-out
  • o m Southwest step-out
• Kitsol Vein in the Torbrit Deposit:
  • DV23-336: 342 g/t Ag over 18.00 m including 2,270 g/t Ag over 0.50 m and 995 g/t Ag with 3.6% Pb over 0.60 m at Kitsol
  • DV23-337: 496 g/t Ag over 9.57 m including 1,100 g/t Ag over 0.73 m at Kitsol

PEA level metallurgical test work completed at Dolly Varden and Homestake Ridge

Continuing to extend ground geophysics coverage in areas where anomalies indicate strong alteration and mineralization

Testing exploration targets with discovery potential along underexplored portions of the Kitsault Valley Trend

2023 Exploration continued to test below the sediment cap that covers the possible connection between the Wolf and Torbrit/Kitsol zones

Company led by highly experienced management team and backed by top-tier institutional support:

• Management includes several members with strong past experience in the region working with major miners at world-class projects
• Key shareholders include Hecla Mining (15%), Fury Gold mines (22%), Eric Sprott (9%), and additional institutional investors (47%)
• Strong Bay and Wall Street presence with key formalized equity research coverage by Agentis Capital, Research Capital, Haywood Securities, and Raymond James
• Strong first nations and community engagement with regular and transparent dialogue in place at all times