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Dolly Varden Silver Intersects 3.34 g/t Gold over 120 Meters, Including 216 g/t Gold over 0.52 Meters and 166 g/t Gold over 1.30 m in Step-Out Hole at Homestake Silver Deposit
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Dolly Varden Silver Corporation...
About this update from Dolly Varden Silver Corporation
[{"type":"text","content":"Dolly Varden Silver Intersects 3.34 g/t Gold over 120 Meters, Including 216 g/t Gold over 0.52 Meters and 166 g/t Gold over 1.30 m in Step-Out Hole at Homestake Silver DepositVancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Dolly Varden Silver Corporation (TSXV: DV) (NYSE American: DVS) (FSE: DVQ) (the \"Company\" or \"Dolly Varden\") is pleased to report a significant gold intercept from a 2025 step-out drill hole at the Homestake Silver deposit. Hole HR25-456 intersected 3.34 g/t Au over 120 meters, including 216 g/t Au over 0.52 meters and 166 g/t Au over 1.3 meters. The hole is a 45-meter step-out along strike from hole HR24-433 and 30 meters up dip from hole HR24-451 (both holes previously released February 3, 2025) confirming both continuity and growth potential outside of current Mineral Resources. Approximately 40% of the 2025 seasons 55,000 meter planned drill program at the Company's 100% owned Kitsault Valley Silver and Gold Project targeted the Homestake Silver Deposit to expand and infill zones of high-grade gold mineralization. The deposit remains open for expansion, with gold mineralization vectoring to the Homestake Main Deposit, along strike to the north of the Homestake Silver Deposit.Homestake Silver step out:HR25-456: 3.34 g/t Au over 120 meters, including 216 g/t Au over 0.52 meters and 166 g/t Au over 1.3 meters* Intervals shown are core length. Estimated true widths vary depending on intersection angles and range from 55% to 75% of core lengths, further modelling of the new intersections is needed before true widths can be estimated.\"These gold results from a step-out hole at the Homestake Silver Deposit confirm that the deposit continues to grow beyond the current mineral resource estimate. These results demonstrate the strength of the high-grade gold system, potentially a separate and overlapping event from high-grade silver mineralization at the deposit; this deposit is potentially a key driver of future project development,\" said Shawn Khunkhun, CEO of Dolly Varden Silver.Ongoing Drill ProgramFive diamond drills are currently nearing completion of the 2025 drill program across the Kitsault Valley and Big Bulk Projects. At Homestake Silver, drilling has focused on expanding and infilling areas of high-grade gold mineralization. Additional drilling is testing outside the current resour...