Dolly Varden Silver Corporation

Dolly Varden Silver — Investor Presentation (August 2018)

29 slides from Dolly Varden Silver's investor presentation, Aug 6, 2018

  1. Slide 1: New Discoveries in a Historic Mining Camp: The Dolly Varden Silver Project

    New Discoveries in a Historic Mining Camp: The Dolly Varden Silver Project in the Golden Triangle of Northwestern BC TSX.V : DV  OTCUS : DOLLF August 6, 2018 TSX.V : DV  U.S. : DOLLF 1

  2. Slide 2: Forward Looking Information

    Forward Looking Information 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 economi

  3. Slide 3: Dolly Varden was the Richest Silver Mine in the British Empire

    Dolly Varden was the Richest Silver Mine in the British Empire • In 1919 to 1921, Dolly Varden was amongst the richest silver mines in the British Empire, producing at an average grade of >1,100 g/t TSX.V : DV  U.S. : DOLLF 3

  4. Slide 4: Also the High-Grade Torbrit Mine

    Also the High-Grade Torbrit Mine • In 1949 to 1959, the Torbrit Mine produced silver at a grade of 500 g/t, plus base metal credits. A large portion of the deposit is still intact. TSX.V : DV  U.S. : DOLLF 4

  5. Slide 5: Overview

    Overview • Dolly Varden Silver Corp, is exploring for high-grade silver, gold and base metals in the prolific Golden Triangle District, northwestern British Columbia, Canada. • The company's flagship asset is the 100% owned Dolly Varden Project, an 8,800 hectare property, hosting a high- grade silve

  6. Slide 6: The Belcarra Value

    The Belcarra Value • Brought stability to the Corporation with a strong technical presence. • Over 15,000 meters drilling completed on the project in 2017. • 4 new discoveries were made outside of the existing resource blocks, illustrating significant resource upside potential. • Established better

  7. Slide 7: It Takes a Team

    It Takes a Team Dolly Varden’s management team, a part of the Belcarra Group, has the proven technical skills to discover & develop quality exploration projects that maximize shareholder value---the same team recognized for the discovery of Orko Silver Corp’s La Preciosa Silver-Gold Deposit in Duran

  8. Slide 8: Share Structure and Shareholders

    Share Structure and Shareholders Capital Structure Dolly Varden Silver Corp Shares Outstanding 45.0 M Listing TSX.V : DV Warrants (avg. price $0.40) 5.3 M Listing OTCUS : DOLLF Options (avg. price $0.71) 3.4 M 52 Week Hi-Lo $1.04 - $0.465 Fully Diluted Shares 53.7 M Current Price $0.50 Cash ~ $4.0 M

  9. Slide 9: Location & Infrastructure

    Location & Infrastructure “Golden Triangle District” • Regional, precious & base-metal mineral belt • Numerous precious metal deposits (Eskay Creek and Brucejack) • 8,800 hectare wholly-owned land position (subject to 2% NSR) • 25km from deep tide-water port & 30km from power grid • Historic road ac

  10. Slide 10: The 2017 Exploration Program

    The 2017 Exploration Program • The main focus was diamond drilling, with 20% in resource validation and 80% in exploration beyond the known mineral deposits. • 45 diamond drill holes totaling 15,728 metres. • Numbering of holes started with DV17-036 to continue the numbering pattern sequence from re

  11. Slide 11: Plan View of the Torbrit Mine Area

    Plan View of the Torbrit Mine Area TSX.V : DV  U.S. : DOLLF 11

  12. Slide 12: The “Torbrit North” Discovery

    The “Torbrit North” Discovery • Located 200 m north and 220 m deeper than the Torbrit Deposit is the “Torbrit North” discovery. • “Torbrit North” is a DVTH exhalative style mineralized horizon. • DV17-063 yielded 22.74 m (21.37 m true) grading Ag 433 g/t, Pb 0.74% and Zn 0.22% for Ag-Eq of 476 g/t.

  13. Slide 13: The “Torbrit East” Discovery

    The “Torbrit East” Discovery • Located 100 m east and 60 m higher than the Torbrit Deposit is the “Torbrit East” discovery. • “Torbrit East” is a DVTH exhalative style mineralized horizon as a fault- block offset. • DV17-076, 077 and 078 all hit in “Torbrit East”. DV17-078 yielded: Upper-TE 5.0 m (3

  14. Slide 14: The “Moose-Lamb Fault” Discovery

    The “Moose-Lamb Fault” Discovery • Located 180 m north and 50 m below the Torbrit Deposit is the “Moose-Lamb Fault” discovery. • “Moose-Lamb Fault” is a steeply dipping, epithermal vein style mineralized structure. • DV17-063 yielded 4.00 m (2.57 m true) grading Ag 988 g/t, Pb 5.90% and Zn 0.90% for

  15. Slide 15: Drill Hole DV17-058

    Drill Hole DV17-058 TSX.V : DV  U.S. : DOLLF 15

  16. Slide 16: Torbrit Mine vs Torbrit North

    Torbrit Mine vs Torbrit North TSX.V : DV  U.S. : DOLLF 16

  17. Slide 17: Torbrit Size Deposit Targets

    Torbrit Size Deposit Targets • The Torbrit Deposit was in production from 1949 to 1959 and yielded 18.7 million ounces of silver from 1.25 million tonnes at a grade of 500 g/t. It also produced lead from ore grading 0.46%, with recoveries of 85%. • The current 2015 resource for the Torbrit Deposit s

  18. Slide 18: Torbrit Size Deposit Targets

    Torbrit Size Deposit Targets • The Torbrit Deposit was in production from 1949 to 1959 and yielded 18.7 million ounces of silver from 1.25 million tonnes at a grade of 500 g/t. It also produced lead from ore grading 0.46%, with recoveries of 85%. • The current 2015 resource for the Torbrit Deposit s

  19. Slide 19: Dolly Varden Size Deposit Targets

    Dolly Varden Size Deposit Targets • The Dolly Varden Mine was in production from 1919 to 1921 and yielded direct ship ore for 1.3 million ounces of silver from 33.2 thousand tonnes at a grade of 1,109 g/t. • The current 2015 resource for the Dolly Varden Deposit stands at Indicated 10.5 million ounc

  20. Slide 20: Regional Exploration

    Exploration Regional Exploration • Kitsol epithermal vein: 25.95m grading 712 g/t Ag • Ace-Galena VMS horizon: • 3.25m grading 406 g/t Ag (within 65.5m grading 60 g/t Ag) • Ace Galena epithermal vein: 3.15m grading 591 g/t Ag. • Lithologies and alteration assemblage of the Ace-Galena Trend comparabl

  21. Slide 21: Big Bulk Cu-Au Prospect

    Big Bulk Cu-Au Prospect • The Big Bulk Copper-Gold Prospect, is located 10 km to the southeast along the south shore of Kinskuch Lake. • Big Bulk consists of 7 mineral claims for 2,640 hectares. It is surrounded by the very large Kinskuch Project of Hecla Mining Limited. • Big Bulk is in alkali porp

  22. Slide 22: 2018 Exploration Program

    2018 Exploration Program • Building on last year’s success with focus on resource expansion in 2018. • Diamond drilling commenced in June and will continue until mid October. • Current plan consists of approximately 25,000 metres diamond drilling in 60-75 holes. • Focus for the drilling will be the

  23. Slide 23: Community Relations

    Community Relations • First Nations Nisga’a Lisims Government have the only formal treaty in BC signed with the Government of Canada • Ongoing dialogue with the Nisga’a and their business representatives to insure local employment involvement in Dolly Varden. • Member of the BC Regional Mining Allia

  24. Slide 24: Conclusions: Stock is Undervalued, Project has High-Grade Silver

    Conclusions: Stock is Undervalued Project has High-Grade Silver Located in a Favourable Jurisdiction Excellent Target Potential Experienced Management Team We are ready! TSX.V : DV  U.S. : DOLLF 24

  25. Slide 25: Indicated and Inferred Resources

    Silver Silver oz Category Deposit Tonnes (g/t Ag) (contained) Torbrit 1,913,000 251.4 15,460,000 Dolly Varden 522,000 625.1 10,490,000 INDICATED Wolf 402,000 296.6 3,834,000 North Star 236,000 262.8 1,994,000 Total 3,073,000 321.6 31,778,000 Torbrit 845,600 373.0 10,140,000 Dolly Varden 38,600 434.2

  26. Slide 26: Current Mineral Resource Estimate

    Current Mineral Resource Estimate Room to Grow • Zinc and lead contents, known to exist in the deposits, were not included in the mineral resource estimate due to sparsity of lead and zinc assay data (not assayed in pre-2011 drill holes). • Current modeling of Specific Gravity (SG) data shows opport

  27. Slide 27: Geology Office and Core Logging

    Geology Office and Core Logging TSX.V : DV  U.S. : DOLLF 27

  28. Slide 28: DV Glory Hole / Tor underground

    DV Glory Hole / Tor underground TSX.V : DV  U.S. : DOLLF 28

  29. Slide 29: Contact

    Contact LEARN MORE GARY COPE www.dollyvardensilver.com President, CEO & Director 604-687-8566 ALEX TSAKUMIS BEN WHITING, P.Geo. Vice-President Corporate Development Vice President – Exploration 604-687-8566 604-687-8566 TSX.V : DV  U.S. : DOLLF 29

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