Dolly Varden Silver Corporation
Dolly Varden Silver — Investor Presentation (February 2023)
14 slides from Dolly Varden Silver's investor presentation, Feb 21, 2023
Slide 1: Advancing one of the largest high-grade, undeveloped precious metal assets
Advancing one of the largest high-grade, undeveloped precious metal assets in BC’s Golden Triangle TSX-V: DV OTCQX: DOLLF
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT CAUTIONARY STATEMENT This presentation may contain forward-looking statements that are not historical facts. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about
Slide 3: $5 Billion in M&A since 2018
Newcrest Acquires Red Chris $5 Billion in Mine from Imperial for $806.5M M&A since Newmont Acquires Tatogga from GT Gold for $343.1M 2018 Newmont Acquires Galore Creek from NovaGold for $100M Skeena Acquires QuestEX for $36.5M Seabridge Acquires Snowfield from Pretium for $100.0M Newcrest Acquires B
Slide 4: Leadership: Management, Directors, Advisors
LEADERSHIP MANAGEMENT ADVISORS SHAWN KHUNKHUN KURT ALLEN RYAN WEYMARK CEO & Director Technical Committee P.Eng., Technical Advisor, Eng. ROBERT VAN EGMOND JODIE GIBSON IVAN BEBEK P.Geo., VP Exploration P.Geo., Technical Advisor, Geology Advisor ANN FEHR Chief Financial Officer DIRECTORS DARREN DEVIN
Slide 5: Capital Structure
CAPITAL STRUCTURE CAPITALIZATION SHAREHOLDERS SHARES OUTSTANDING 253.5 M 10% OPTIONS 11.3 M Hecla 7% 23% FULLY-DILUTED 264.7 M Retail Fury MARKET CAP $253 M CAD 10% Eric CASH $28 M CAD Sprott Capitalization as of January 31st, 2023 ANALYST COVERAGE 50% Institutional (target $1.35) (target $1.60) TSX
Slide 6: Community
COMMUNITY Building strong relationships Maximizing business and Developing mutually with First Nations training opportunities beneficial relationships Regular and 1/3 of the exploration team Maximizing transparent dialogue is from the Nisga’a Nation employment TSX-V: DV OTCQX: DOLLF 6
Slide 7: Mineralized Corridor Infrastructure
A MINERALIZED CORRIDOR 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 M 170km from the town of Terrace M 7
Slide 8: Plan View and Long Section
2 = WA WOLF sues r HOMESTAKE SILVER TORBRIT HOMESTAKE MAIN ty Does ON RY | | SOUTH REEF KITSOL | DOLLY VARDEN . 1.4km Plan View otential 5.4 km > + 3000m WOLF q Wiest Gnd east Kitsol + North Star 4 Extensions Extensions *1500m & ees] :, _TORBRIT com | HOMESTAKE MAIN ra SOUTH REEF ¥) Oe ————— ——- WOL
Slide 9: Wolf Section
WOLF SECTION g/t Ag Upper Hazelton Sedimentary Cap Wolf Vein Extension 1,532 g/t Ag over 1.22m within interval of 241 g/t Ag over 17.50m TSX-V: DV OTCQX: DOLLF 9
Slide 10: 15km Mineralized Trend
15km Geochemistry Magnetics Mineralized Trend 10
Slide 11: 2022 Wolf Drilling
2022 WOLF DRILLING Wolf Vein System extended over 350m down plunge along higher-grade shoot and directly down dip over 400m from existing Mineral Resource. Strength of mineralization and alteration is robust below sedimentary cap. East extension drilling up plunge has expanded mineralization to give
Slide 12: Homestake Longitudinal Section
HOMESTAKE LONGITUDINAL SECTION Results to date from the infill drilling demonstrates continuity of high- grade Gold shoot within the Homestake Main deposit TSX-V: DV OTCQX: DOLLF 12
Slide 13: Mineral Resource Estimates
Category Property Cut-Off Tonnes Ag (g/t) Ag oz Au (g/t) Au (oz) Dolly Varden* 150 g/t Ag 3,417,000 299.8 32,931,000 Indicated Homestake Ridge** 2.0 g/t AuEq 736,000 74.8 1,800,000 7.02 165,993 Total 34,731,000 165,993 Dolly Varden* 150 g/t Ag 1,285,300 277.0 11,447,000 Inferred Homestake Ridge** 2.
Slide 14: Shawn Khunkhun
Resource expansion and Rare advanced-stage silver Shawn Khunkhun discovery potential & gold project in Canada CEO & Director Large, high-grade silver Provides investors leverage Office: 604 609 5137 & gold resources to precious metal prices Cell: 604 374 5515 Email: sk@dollyvardensilver.com Opportun
Dolly Varden Silver — Investor Presentation (February 2023) on 6ix