Dolly Varden Silver Corporation
Dolly Varden Silver — Investor Presentation (December 2017)
31 slides from Dolly Varden Silver's investor presentation, Dec 1, 2017
Slide 1: Exploring for Precious Metals in the Golden Triangle Region
Exploring for Precious Metals in the Golden Triangle Region, British Columbia, Canada TSX.V : DV OTCUS : DOLLF December 1, 2017 TSX.V : DV U.S. : DOLLF 1
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
Slide 3: 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
Slide 4: 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
Slide 5: 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
Slide 6: 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 $0.88 - $0.45 Fully Diluted Shares 53.7 M Current Price $0.74 Cash $6.1 M No
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
Slide 8: The Importance of Location
The Importance of Location Within the Eskay Rift and “Golden Triangle District” • A Regional, precious and base-metal mineral belt • Prolific district historic production • Numerous precious metal deposits including Eskay Creek and Brucejack (Valley of the Kings) • Comparable stratigraphy, structure
Slide 9: Infrastructure
Infrastructure • 8,800 hectare wholly-owned land position (subject to 2% NSR) • 25km from deep tide-water port • Public road access • 30 km from power grid • Historic hydro project located on property • Federal and Provincial treaties with Nisga’a First Nation • Four known deposits on Dolly Varden •
Slide 10: 3D Conceptual Geological Model
3D Conceptual Geological Model • DV property contains the same depositional host rocks as the Eskay Creek deposit. • Hazelton Group rocks are gently folded and exhibit strong hydrothermal alteration (Sodium depletion and Potassium enrichment). • Both VMS (volcanogenic massive sulfide) and epithermal
Slide 11: The 2017 Exploration Program
The 2017 Exploration Program • Exploration camp construction and site preparation commenced in May and the diamond drilling program in June 2017. • Dolly Varden was the first company in the region to start drilling this season. • Main focus was diamond drilling (20% in resource validation and 80% in
Slide 12: Plan View of the Torbrit Mine Area
Plan View of the Torbrit Mine Area TSX.V : DV U.S. : DOLLF 12
Slide 13: 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.
Slide 14: The "Torbrit North" Discovery
The “Torbrit North” Discovery TSX.V : DV U.S. : DOLLF 14
Slide 15: 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”. • Assay values are not yet available
Slide 16: The "Moose-Lamb Fault" Discovery
The “Moose-Lamb Fault” Discovery • Located 180 m north and roughly the same elevation as the Torbrit Deposit is the “Moose-Lamb Fault” discovery. • “Moose-Lamb Fault” is a steeply dipping, epithermal vein style mineralized structure. • DV17-063 yielded 11.00 m (7.07 m true) grading Ag 394 g/t, Pb 2.
Slide 17: The "Beginner's Luck" Discovery
The “Beginner’s Luck” Discovery • Located 1,500 m north and 400 m above the Torbrit Deposit is the “Beginner’s Luck” discovery. • “Beginner’s Luck” is a steeply dipping breccia zone, with affinities similar to the DVTH style mineralization. • Significance - The “Beginner’s Luck” is further east than
Slide 18: Torbrit vs DV17-058
Torbrit vs DV17-058 TSX.V : DV U.S. : DOLLF 18
Slide 19: Drill Hole DV17-058
Drill Hole DV17-058 TSX.V : DV U.S. : DOLLF 19
Slide 20: 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
Slide 21: 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
Slide 22: 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
Slide 23: 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
Slide 24: Big Bulk Cu-Au Prospect
Big Bulk Cu-Au Prospect • A ground geophysical survey consisting of 5 lines of Induced Polarization (IP) was conducted over the Big Bulk Prospect in 2009. • A chargeability anomaly was detected and the pattern is interpreted as a porphyry target, which is open to the east. TSX.V : DV U.S. : DOLLF
Slide 25: Community Relations
Community Relations • The Nisga’a have the only formal treaty in BC signed with the Government of Canada • Meetings have commenced with the First Nation “Nisga’a Lisims Government” and their business representatives to insure local employment involvement in the Dolly Varden projects. TSX.V : DV U.
Slide 26: Conclusion: Undervalued
Conclusion: Undervalued High Grade The Right Experienced Expanding Location Management Resource • On Golden Triangle and Eskay • Strong balance sheet, no debt • Existing mineral resource with Rift – prolific production • Frugal corporate burn rate significant expansion potential • 25 km from deep ti
Slide 27: 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
Slide 28: Maiden Mineral Resource Estimate
Maiden 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). • Specific gravity (SG) data was also very conservatively mode
Slide 29: Geology Office and Core Logging
Geology Office and Core Logging TSX.V : DV U.S. : DOLLF 29
Slide 30: DV Glory Hole / Tor underground
DV Glory Hole / Tor underground TSX.V : DV U.S. : DOLLF 30
Slide 31: Contact
Contact LEARN MORE www.dollyvardensilver.com GARY COPE President, CEO & Director 604-687-8566 BEN WHITING, P.Geo. ALEX TSAKUMIS Vice President – Exploration Vice President – Corporate Development 604-687-8566 604-687-8566 TSX.V : DV U.S. : DOLLF 31
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