Dolly Varden Silver Corporation

Dolly Varden Silver — Investor Presentation (May 2022)

16 slides from Dolly Varden Silver's investor presentation, May 18, 2022

  1. Slide 1: Advancing one of the largest high-grade, undeveloped precious metal assets in BC's Golden Triangle

    TSX-V: DV OTCQX: DOLLF Advancing one of the largest high-grade, undeveloped p r e c i o u s m e t a l a s s e t s i n B C ’s G o l d e n Tr i a n g l e

  2. Slide 2: 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 future economic condi

  3. Slide 3: Resources of the Kitsault Valley Project

    R E S O U R C E S O F T H E K I T S A U LT VA L L E Y P R O J E C T Dolly Varden Silver is a silver and gold exploration company focused on advancing it’s 100% held Kitsault Valley project located in the southern tip of BC’s Golden Triangle. The project was formed by combining the Dolly Varden and H

  4. Slide 4: Leadership: Management, Advisors, Directors

    LEADERSHIP MANAGEMENT SHAWN KHUNKHUN R O B E R T V A N E G M O N D , P. G e o A N N F E H R , C PA CEO & Director Chief Geologist Chief Financial Officer ADVISORS KURT ALLEN J O D I E G I B S O N , P. G e o . R Y A N W E Y M A R K , P. E n g . I VA N B EB EK Technical Committee Technical Advisor, Ge

  5. Slide 5: Capital Structure

    C A P I TA L S T R U C T U R E Capitalization Shareholders Shares Outstanding 230 M Fury Gold Mines 10% Warrants 8.8 M 8% Options * Institutional 33% 11 M 11% Fully-diluted 249.8 M Eric Sprott Market Cap Cad$140 M Retail 38% Cash ~Cad$25 M Hecla Mining US$ market cap./Total AgEq ounces US$0.80/oz Ag

  6. Slide 6: Community Relations

    C O M M U N I T Y R E L AT I O N S Dolly Varden Silver is a member of the BC Regional Mining Alliance (BCRMA), a regional partnership with First Nations (Tahltan and Nisga’a), industry and provincial government representatives Dolly Varden seeks to share the benefits of our work by: • Building stron

  7. Slide 7: Prolific Metallogenic Belt

    P R O L I F I C M E TA L L O G E N I C B E LT A commanding position at the southern tip of the Golden Triangle MINERAL SHOWINGS DOLLY VARDEN HECLA TSX-V: DV OTCQX: DOLLF 7

  8. Slide 8: Proximity to Infrastructure

    PROXI MIT Y TO I NFR ASTRUCTU RE HOMESTAKE MAIN WOLF 170 km from the town of Terrace HOMESTAKE SILVER TORBRIT 46 km SE of the deep-water port NORTH STAR of Stewart SOUTH REEF DOLLY VARDEN 30 km from power grid and the town of Kitsault KITSAULT Power Grid, Deep Water Port, Road to Terrace, Permitted

  9. Slide 9: Kitsault Valley Project Highlights

    K I T S A U LT VA L L E Y P R O J E C T H I G H L I G H T S Combined resources: 34.7 M oz Ag + 166 K oz Au Indicated and 29.3 M oz Ag + 817 K oz Au Inferred Large Silver & Gold Solidifies the combined project as among the largest Resources undeveloped precious metal assets in Western Canada Large an

  10. Slide 10: Kitsault Valley Trend Potential

    K I T S A U LT VA L L E Y T R E N D P OT E N T I A L Surface geochemistry of gold and silver along Kitsault Valley suggests discovery potential of additional mineral deposits between South Reef and Wolf deposits. TSX-V: DV OTCQX: DOLLF 10

  11. Slide 11: Dolly Varden – Expansion Potential

    D O L LY VA R D E N – E X PA N S I O N P O T E N T I A L The deposits sit at the southern end of a surface potassic alteration signature. Potential for additional mineralized WOLF TO R BRIT zones down plunge along the favorable volcanogenic Torbrit horizon. Image to the right shows an isometric side

  12. Slide 12: Homestake Ridge – Exploration Upside

    H O M E S TA K E R I D G E – E X P L O R AT I O N U P S I D E MINERAL RESOURCE LONG SECTION Drilling on the Homestake Ridge project has outlined mineralization with three-dimensional continuity, with size and grades that can potentially be extracted economically. TSX-V: DV OTCQX: DOLLF 12

  13. Slide 13: Regional Exploration Potential

    R E G I O N A L E X P LO R AT I O N P OT E N T I A L Combined project eliminated property boundaries for more comprehensive regional exploration, targeting underexplored 5.4km Kitsault Valley gap with the aim of continuing to grow resources and take advantage of further economies of scale TSX-V: DV

  14. Slide 14: 2022 Exploration Program

    2022 Exploration Program Mineral Resources Expansion and Upgrade through step out and infill drilling on Homestake Main and Homestake Silver to convert Inferred Mineral Resources into Indicated Mineral Resources. Exploration for growth and new discoveries through surface work, geophysics and drillin

  15. Slide 15: Combined Gold & Silver Resources

    CO M B I N E D G O L D & S I LV E R R E S O U RC E S Combined Silver Equivalent 100 DV HR 80 Category Property Cut-Off Tonnes Ag (g/t) Ag oz Au (g/t) Au (oz) Moz AgEq 60 Dolly Varden 150 g/t Ag 3,417,000 299.8 32,931,000 - - 40 Indicated 20 Homestake Ridge 2.0 g/t AuEq 736,000 74.8 1,800,000 7.02 16

  16. Slide 16: Building Value for Investors

    B U I L D I N G VA L U E F O R I N V E S TO R S Large, high-grade silver & gold resources S H AWN K H U N K H U N CEO & Director Rare advanced-stage silver & gold project in Canada O: 604.609.5137 Resource expansion and C: 604.374.5515 discovery potential E: sk@dollyvardensilver.com Provides investo

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