Dolly Varden Silver Corporation
Dolly Varden Silver — Investor Presentation (May 2021)
23 slides from Dolly Varden Silver's investor presentation, May 2021
Slide 1: A Quest for 100 Million Oz of Pure, High-Grade Silver
A Quest for 100 Million Oz of Pure, High-Grade Silver in BC’s Golden Triangle TSX-V: DV OTC: DOLLF MAY 2021
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
Slide 3: About Dolly Varden Silver
ABOUT DOLLY VARDEN SILVER 100% interest in the Dolly Varden Silver Project (88km2) • Located in the Golden Triangle, NW British Columbia • Pure, 100% silver, high-grade resource (2019) • Indicated: 33 million oz Ag @ 300g/t • Inferred: 11.5 million oz Ag @ 277g/t • A rich mining history - past produ
Slide 4: Capital Structure
CAPITAL STRUCTURE 130.6 M 8.8 M 7.8 M 147.3 M Shares Outstanding Warrants Options Fully Diluted Shares OWNERSHIP STOCK INFO CAD symbol TSX.V : DV 5% 11% Institutional US symbol OTCUS : DOLLF 52 Week Hi-Lo CAD $1.17 - $0.29 Eric Sprott 13% Price CAD $0.67 53% Retail Cash ~CAD $22.0 M Market Capitaliz
Slide 5: Prolific Metalogenic Belt
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Slide 6: BC's Golden Triangle: Dolly Varden
BC’S GOLDEN TRIANGLE : DOLLY VARDEN NEWCREST DOLLY VARDEW [Gj SILVER CORP DOLLY VARDEN HOMESTAKE\ TREND SEABRIDGE GOLD. Distancelte GRANCUC Property Bean ILUANCE TREND Prince Rupert™155 KM ly ' Terrace 170 KM ee 4 ~A POWERLINE @ Minfile showing * po KITSAULT,* \ AVANTI KITSAULT MINE — 0 10 LLY VARDE
Slide 7: Infrastructure
INFRASTRUCTURE • Two parts: Main Project area and Big Bulk • 170 kms from the town of Terrace • 46 kms SE of the deep-water port of Stewart • 30 kms from electric power & town of Kitsault • 25 km road maintained by operators provides tidewater access to Alice Arm 7
Slide 8: The Vehicle for Silver Investors
THE VEHICLE FOR SILVER INVESTORS Dolly Varden Silver provides investors with: • Maximum leverage to silver prices with a 100% silver resource • Safe Project location in Canada – strong mining law and stable tax law • High grade, small ecological footprint underground mine potential • Strong manageme
Slide 9: Management, Directors, Advisors
MANAGEMENT DIRECTORS ADVISORS Shawn Khunkhun Rob McLeod, P.Geo Kurt Allen CEO, President & Director Director, Technical Advisor Technical Committee Robert van Egmond, P.Geo Darren Devine Jodie Gibson Chief Geologist Director Technical Advisor, Geology Ann Fehr, CPA Anette Cusworth, CPA Ryan Weymark
Slide 10: Dolly Varden Silver Project
DOLLY VARDEN SILVER PROJECT Project hosts numerous mineral occurrences, and two past producing mines. The current silver resource consists of four deposits: • Dolly Varden • Torbrit • Northstar • Wolf 10
Slide 11: 100% Silver Resource
100% SILVER RESOURCE Category Deposit Tonnes Silver (g/t Ag) Silver oz (contained) 1. Effective May 8, 2019, Apex Geosciences Ltd. 2. 150 grams of silver per Torbit 2,623,000.00 296.8 25,025,000.00 tonne (g/t Ag) cutoff grade 3. Indicated and Inferred Dolly Varden 156,000.00 414.2 2,078,000.00 Miner
Slide 12: Torbit Deposit Resource Envelope
TORBIT DEPOSIT RESOURCE ENVELOPE • Large mineral body - indicated 25M oz Ag + inferred 10.6M oz Ag • 18M oz silver past production + base metal credits • Potential low impact underground mine • Wide mineral body open to underground bulk mining methods (e.g. long haul stoping) • 7 kms of historic und
Slide 13: Exploration Successes Since 2017
EXPLORATION SUCCESSES SINCE 2017 Torbrit North Offset Torbrit North & East Expansion DV17-063: 21.3m at 433 g/t Ag DV17-063: 22.74 m at 433 g/t Ag, Pb 0.74% and Zn 0.22% Torbrit East Offset Including: 4.00 m at 988 g/t Ag, Pb 5.90% and Zn 0.90% DV17-076: 22.6m at 120 g/t Ag (Moose Lamb Epithermal Ve
Slide 14: 2020 Exploration Success
2020 EXPLORATION SUCCESS • 11,000 m of drilling completed • Step-out holes at Torbrit • DV20-211: 351 g/t silver over 12.75 m, including 1083 g/t silver over 2.70 m • DV20-213: 135 g/t silver over 37.50 m, including 906 g/t silver over 1.00 m • DV20-222: 310 g/t silver over 6.00 m, including 1,083 g
Slide 15: Finding the Next Torbit Deposit
FINDING THE NEXT TORBIT DEPOSIT • Torbit past production of 18 million oz Ag with the current known resources = total of 53 million oz silver at Torbrit • Volcanogenic deposits are known to occur in clusters • Volcanogenic stratabound horizon hosting Torbrit is over 4.5km long • Only 3% of the Dolly
Slide 16: Strong Alteration Footprint to Explore
STRONG ALTERATION FOOTPRINT TO EXPLORE Strong potassium alteration signature occurs over the known deposits and extends 4.5km north of the Dolly Varden/Torbrit mines Alteration zone also has associated sodium depletion signature indicative of volcanogenic related alteration from mineralizing fluid A
Slide 17: Potassic Alteration - Radiometrics
POTASSIC ALTERATION - RADIOMETRICS • Deposits sit at southern end of surface potassic alteration signature. Potential for further heat source down plunge along the favorable volcanogenic Torbrit horizon. N 17
Slide 18: Discovery Potential
DISCOVERY POTENTIAL 1. Existing deposits open along strike/down dip in some cases 2. Torbrit Horizon silver trend 3. Gold Belt alteration trend that aligns with Fury Gold Mines’ Homestake Ridge project Not included in 2019 resource estimate: Lead/zinc credits known to exist in the deposits due to le
Slide 19: Big Bulk Project
BIG BULK PROJECT Dolly Varden holds 100% interest in the 26 km2 Big Bulk copper gold porphyry property located 5 km SE of the main Dolly Varden Project area Big Bulk hosts alkali porphyritic rocks of the Hazelton Group, with altered quartz monzonite intrusives An airborne geophysical survey was flow
Slide 20: Community Relations
COMMUNITY RELATIONS 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 strong relationships w
Slide 21: Natural Leverage of Silver Projects
NATURAL LEVERAGE OF SILVER PROJECTS • Rising commodity prices go directly to the bottom line of mining companies • While associated inflation of price level does increase a mine’s operating costs, initial capital costs remain fixed at the time of initial investment • 1980 high for silver was US$50:
Slide 22: Conclusions: Unique Investment Opportunity
CONCLUSIONS UNIQUE INVESTMENT OPPORTUNITY Pure, high-grade silver resource With resource expansion and discovery potential Located in a safe, mining friendly jurisdiction Providing investors natural leverage to the silver price Potential M&A opportunities to provide synergies 22
Slide 23: Contact
CONTACT SHAWN KHUNKHUN A Quest for 100 Million Oz of President, CEO & Director Pure, High-Grade Silver in 604.602.1440 O BC’s Golden Triangle 604.374.5515 C sk@dollyvardensilver.com Learn more at: www.dollyvardensilver.com 23
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