Dolly Varden Silver Corporation

Dolly Varden Silver — Investor Presentation (May 2023)

17 slides from Dolly Varden Silver's investor presentation, May 25, 2023

  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: M&A in the Golden Triangle since 2018

    $5 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 Skeena Acqui

  4. Slide 4: Management, Advisors, & Directors

    Management, Advisors, & Directors CEO & Director P.Geo., VP Exp. CFO Shawn Khukhun Robert Van Egmond Ann Fehr Tech Committee P.Eng., Tech Adv. P.Geo., Tech Adv. Advisor Kurt Allen Ryan Weymark Jodie Gibson Ivan Bebek Director & Chairman P.Geo., Director Director, Tech Adv. Director Director Darren D

  5. Slide 5: Shareholders and Shares Outstanding

    23% Fury Shareholders 10% Eric Sprott 50% Institutional 10% Hecla 7% Retail Current Price $0.84 As of May 19th Shares Outstanding 254 M Options 11.3 M Fully-diluted 265.3 M Market Cap $200 M CAD Cash $26.5 M CAD (target $1.35) (target $2.00) 5 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  6. Slide 6: Building strong relationships with First Nations

    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 Nisga’a Nation Maximizing employment 6 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  7. Slide 7: 20M oz Ag produced from Torbrit and Dolly Varden

    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: Access and infrastructure at Alice Arm

    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 170km from the town of Terrace 8 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  9. Slide 9: TSX-V: DV OTCQX: DOLLF FRK: DVQ1

    MOOSE Kitsol extension and offset Homestake Main Homestake Silver Wolf high grade Au plunge South/depth extension SW, NE and East extensions MOOSE 9 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  10. Slide 10: Wolf Section

    Wolf Section 10 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  11. Slide 11: 15km Mineralized Trend

    15km Mineralized Trend Geochemistry Magnetics 0 2.5 5km 11 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  12. Slide 12: Wolf Vein System extended to the SW and NE

    Wolf Vein System extended to the SW and NE from the existing Mineral Resource for a total plunge length of 850m to the high-grade Silver zone. The Wolf Vein mineralization remains open to depth and up plunge for further expansion. The down dip zone intersected 400m below the high-grade shoot is a pa

  13. Slide 13: Infill drilling demonstrates continuity of high-grade gold shoot at Homestake Main

    Results to date from the infill drilling demonstrates continuity TSX-V: DV OTCQX: DOLLF FRK: DVQ1 of high-grade Gold shoot within the Homestake Main deposit 13

  14. Slide 14: 42,000 – 45,000 metres of diamond drilling

    42,000 – 45,000 metres of diamond drilling Continued property scale target generation Build on successful PEA level metallurgical discovery & expansion at test work at Dolly Varden Wolf & Homestake ridge and Homestake Ridge Extend ground Testing exploration geophysics coverage in targets with discov

  15. Slide 15: 2023 Exploration will focus on testing below the sediment cap

    Upper Hazelton Sediment Cap 2023 Exploration will focus on testing below the sediment cap that covers the connection between the Wolf and Torbrit/Kitsol zones Upper Hazelton Sediment Cap 15 TSX-V: DV OTCQX: DOLLF FRK: DVQ1

  16. Slide 16: Current Resources

    Current 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 Inferred Homest

  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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