Dolly Varden Silver Corporation

Dolly Varden Silver — Investor Presentation (May 2024)

17 slides from Dolly Varden Silver's investor presentation, May 16, 2024

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

    Advancing one of the largest high-grade, undeveloped precious metal assets in BC’s Golden Triangle TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  2. 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

  3. Slide 3: $5 Billion in M&A since 2018

    $5 Billion Newcrest Acquires Brucejack Mine from Pretium for $2.7B in M&A since 2018 Newcrest Acquires Red Chris Mine from Imperial for $806M Newmont Acquires Tatogga from GT Gold for $343M Newmont Acquires Galore Creek from NovaGold for $100M Seabridge Acquires Snowfield from Pretium for $100M Skee

  4. Slide 4: Leadership

    Leadership Management, Advisors, & Directors CEO & Director VP Exploration CFO Shawn Khunkhun Robert Van Egmond Ann Fehr Tech Committee Technical Advisor Technical Advisor Advisor Kurt Allen Ryan Weymark Jodie Gibson Ivan Bebek Director & Chairman Director Director, Tech Adv. Director Director Darre

  5. Slide 5: Capital Structure

    Capital Structure Current Price $1.06 As of May 15th, 2024 C A A Shares Outstanding 286 M Options/RSU 16 M Fully-diluted 302 M Market Cap $296 M CAD Cash $21 M CAD As of May 15, 2024 5 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  6. Slide 6: Community

    Community Building strong relationships with First Nations Maximizing business and training opportunities Developing mutually beneficial relationships Regular and transparent dialogue 1/3 of the exploration team is from the isg ’ ti n Maximizing employment 6 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  7. Slide 7: History of Production

    History of Production 20M oz Ag produced from Torbrit and Dolly Varden Production started in 1919 at the Dolly Varden Mine Torbrit produced 18M oz Ag during the 1950s 7 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  8. Slide 8: Infrastructure

    Infrastructure N 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 Kitsault Alice Arm 170km from the town of Terrace 8 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  9. Slide 9: Kitsault Valley Trend

    Kitsault Valley Trend MOOSE Kitsol Torbrit extension Homestake Main Homestake Silver Wolf step outs MOOSE 9 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  10. Slide 10: Kitsault Valley

    Kitsault Valley 15km Mineralized Trend Geochemistry Magnetics 0 2.5 5km 10 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  11. Slide 11: 2023 Exploration

    2023 Exploration 51,527m of exploration drilling in 2023 Continued property scale target generation Testing exploration Build on successful targets with discovery expansion at Wolf & potential along under Homestake Ridge explored portions of the Kitsault Valley Trend Consolidate Big Bulk Copper-Gold

  12. Slide 12: Wolf

    DV22329 Wolf 1,499 g/t Ag over 15.94 m Incl. 23,997 g/t Ag over 0.35m Wolf Vein System extended to the SW and NE from the Longitudinal Section existing Mineral Resource for a total plunge length of 900m to the high-grade Silver zone. The Wolf Vein mineralization remains open to depth and up plunge f

  13. Slide 13: Connecting Deposits

    Connecting Deposits Upper Hazelton Sediment Cap 2023 Exploration continued to test below the sediment cap that covers the possible connection between the Wolf and Torbrit/Kitsol zones Upper Hazelton Sediment Cap 13 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  14. Slide 14: Homestake Silver

    Homestake Silver Longitudinal Section - 2023 drilling 14 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  15. Slide 15: 2024 Exploration

    2024 Exploration Initial Phase of 25,000m of diamond Drilling approximately 50/50 split between drilling planned for 2024 season Homestake Ridge and Dolly Varden Properties Homestake Ridge Drilling (1/3) Dolly Varden Drilling (1/3) Kitsault Valley Wide - Delineate and de-risk the wider, - Delineate

  16. Slide 16: Current Mineral Resources

    Current Mineral Resources 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 Inferre

  17. Slide 17: Dollyvardensilver.com

    TSX-V: DV OTCQX: DOLLF FRK: DVQ1 DOLLYVARDENSILVER.COM Resource expansion and Rare advanced-stage silver & gold Shawn Khunkhun discovery potential project in Canada CEO & Director Large, high-grade silver & Provides investors leverage to Office: 604 609 5137 gold resources precious metal prices Cell

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