[Video Enhanced] Dolly Varden Silver Acquires Hecla Mining's Kinskuch Property for $5 Million in Stock

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[{"type":"text","content":"[Video Enhanced] Dolly Varden Silver Acquires Hecla Mining's Kinskuch Property for $5 Million in Stock\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC –\n \n TheNewswire -\n \n May 8, 2025 –\nSponsored content disseminated on behalf of Dolly Varden Silver. On\nMay 5, 2025 Dolly Varden Silver (TSXV:DV) (OTC:DOLLF) (FSE: DVQ1)\nannounced that is has signed a definitive agreement to\n \n\n acquire 100% of Hecla Mining Company's\nKinskuch property\n \n\n in northwest BC's Golden Triangle.\n \n\n The acquisition of the Kinskuch property will increase Dolly\nVarden’s tenure area by 400% to consolidate a district scale,\ncontiguous claim package that includes the Kitsault Valley, Big Bulk\nand Kinskuch projects.\n \n\n The consolidated land package will be about 77,000 hectares, which is\n225 X bigger than New York City’s Central park.\n \n\n\n\n\n\n\n Click Image To View Full Size\n \n\n\n The Kinskuch acquisition allows Dolly Varden Silver (an explorer) and\nHecla Mining (a producer) to focus on their respective core strengths.\n \n\n Hecla has a market cap of USD $3.03 billion.  According to Hecla’s\n \n\n SEC Year-end Financial\nFilings\n \n\n , in 2024 it delivered 16.2 million ounces of\nsilver, 141,923 ounces of gold, generating\n \n record sales of $929 million\n \n .\n \n\n Hecla’s 2024\n \n Capital Expenditures\non existing mines\n \n (Greens Creek, Lucky Friday, Casa Berardi,\nKeno Hill)\n \n totaled $214.5\nmillion\n \n .\n \n\n Hecla has ten exploration projects on the books in the USA, Canada and\nMexico.  The company’s total\n \n 2024\nexploration and pre-development spend\n \n was $27.3 million,\n \n less than 1% of its market cap\n \n .\n \n\n Dolly Varden has a market cap of CND of $291 million. The company does\nnot have an operating mine, therefore does not generate metal sales.\n \n\n According to\n \n\n DV’s 2024 consolidated financial\nstatements\n \n\n , DV spent $9.8 million on drilling, $1.6 million\non geoscience and $1.1 million on sample analytics.\n \n\n Its total\n \n 2024 exploration spend was\n$17.8 million\n \n , about\n \n 6% of its\nmarket cap.\n \n\n\n HL is a producer first.  DV is an explorer first.\n \n\n\n\n\n\n\n Click Image To View Full Size\n \n\n\n \"Con...

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