Dolly Varden Silver Corp Stock Price, News & Analysis

Dolly Varden Silver (NYSE American: DVS) has reported significant gold intercepts from their 2025 step-out drill hole at the Homestake Silver deposit. The key highlight is hole HR25-456, which intersected 3.34 g/t Au over 120 meters, including exceptional high-grade zones of 216 g/t Au over 0.52 meters and 166 g/t Au over 1.3 meters.

The hole represents a 45-meter step-out along strike from previous drilling, confirming both continuity and growth potential beyond current Mineral Resources. The drilling is part of the company's 55,000-meter planned drill program at the Kitsault Valley Silver and Gold Project, with approximately 40% targeting the Homestake Silver Deposit. The deposit remains open for expansion, with gold mineralization vectoring to the Homestake Main Deposit.

Dolly Varden Silver (NYSE American: DVS) reported exceptional drilling results from its Wolf Vein at the Kitsault Valley Silver and Gold Project. The company intersected high-grade silver mineralization of 1,422 g/t Ag over 21.70 meters, including an impressive 10,700 g/t Ag over 1.00 meter in drill hole DV25-446.

The intersection, located 105 meters up-dip from previous drilling, also showed significant gold and base metal grades of 0.51 g/t Au, 3.05% Pb, and 1.42% Zn. The company is executing a 55,000-meter drill program, with five diamond drills currently operating on the Kitsault Valley and Big Bulk Projects. The Wolf Vein deposit remains open to depth, with mineralization extending to a plunge of over 950 meters.

Dolly Varden Silver (NYSE American: DVS) has expanded its 2025 Kitsault Valley drill program from 35,000 to 55,000 meters, adding a fifth drill rig to the operation. The company has already completed 17,000 meters of drilling, focusing on priority exploration targets at the Moose, Chance, and Red Point Prospects.

The expanded program includes directional drilling at the Wolf vein, where mineralization is showing increasingly robust characteristics. The fifth drill rig has been deployed at the Big Bulk copper-gold porphyry system, located 10 kilometers east of the Torbrit silver deposit. The company's geological team is also intensifying field work across their 100,000 Ha claim package to develop targets for late 2025 and 2026 exploration.

Dolly Varden Silver (NYSE American: DVS) has completed the acquisition of four properties from MTB Metals in northwest BC's Golden Triangle. The acquired properties include the American Creek Property, Theia Property, BA Property, and Red Cliff Property, spanning over 20,000 hectares.

As consideration, Dolly Varden issued 486,072 common shares at a deemed price of $3.59 per share to MTB Metals. Additionally, MTB will retain a 1% net smelter return royalty on production from most of the acquired properties. The shares issued are subject to a four-month statutory hold period.

Dolly Varden Silver Corporation (NYSE: DVS) has announced the full exercise of underwriters' option in its bought-deal financing, raising total gross proceeds of $28.76 million. The offering includes $11.25M in common shares at $4.60 per share, $7.50M in charity flow-through shares at $6.65 per share, and $10.01M in flow-through shares at $5.75 per share. Notable investor Eric Sprott plans to participate through 2176423 Ontario Ltd. The proceeds will fund exploration and drilling at the Kitsault Valley project in British Columbia, as well as working capital. The offering is expected to close on June 26, 2025, subject to regulatory approvals. Underwriters will receive a 5% cash fee, and existing investors Hecla Canada and Fury Gold Mines have rights to maintain their pro rata ownership.

Dolly Varden Silver (DVS) has launched its 2025 Exploration Drill Program at the Kitsault Valley Project with four drill rigs. The program plans for 35,000 meters of drilling, split 60:40 between the Dolly Varden Properties and Homestake Ridge Property. Initial drilling focuses on the Wolf Vein's southwest extensions, where recent results showed 379 g/t Ag over 21.69 meters. The program targets multiple areas including: • Wolf Deposit: Targeting high-grade silver corridor expansion • Moose Vein: Located 1.5km north of Wolf, with previous results of 712 g/t Ag over 1.00m • Red Point: Gold-focused target with previous intersections of 21.10 g/t Au over 0.50m The company is using directional drilling technology to accurately intersect the steeply dipping vein structures, with recent studies indicating more robust mineralization towards the southwest.

Dolly Varden Silver (DVS) has completed the acquisition of the Kinskuch Property from Hecla Mining Company in BC's Golden Triangle. The deal, announced on May 5, 2025, involves a $5 million consideration paid through 1,351,963 common shares. The acquisition significantly expands the Kitsault Valley Project to 77,000 hectares, targeting silver, gold, and copper mineralization opportunities. Hecla retains a 2% net smelter return royalty on the property, with Dolly Varden having a 50% buyback option for $5 million to reduce the royalty to 1%. The agreement maintains Hecla's position on Dolly Varden's Technical Committee to collaborate on exploring the property's potential.

Dolly Varden Silver Corporation (DVS) has completed the acquisition of the Porter Project from Strikepoint Gold Inc. The project, located in British Columbia's Golden Triangle, consists of 15 contiguous claims and 46 crown grants, covering approximately 3,192 hectares. The acquisition was completed for $1.1 million, paid through the issuance of 295,699 common shares at a deemed price of $3.72 per share. The company has filed a prospectus supplement dated May 21, 2025, to its base shelf prospectus to qualify the share distribution.

Dolly Varden Silver (DVS) has entered into a definitive agreement with MTB Metals to acquire interests in four strategic properties totaling over 20,000 hectares in the Golden Triangle region. The acquisition includes the American Creek Property (historic silver producer), Theia Property, BA Property, and Red Cliff Property. The transaction involves up to 500,000 Dolly Varden common shares at $3.59 per share and a 1.0% net smelter royalty. Notable highlights include the American Creek Property's historic high-grade silver production (8,000-17,000 g/t silver) and strategic location near infrastructure. The Theia Property features a silver-bearing trend with samples up to 39,293 g/t Ag, while the BA Property hosts significant silver-lead-zinc mineralization. The acquisition strengthens Dolly Varden's position as a dominant advanced explorer in the region, complementing recent acquisitions of the Porter Silver Project and Hecla's Kinskuch Project.