Dolly Varden Silver Corp Stock Price, News & Analysis

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.

Dolly Varden Silver (NYSE: DVS) has announced a definitive agreement to acquire Strikepoint Gold's Porter Project in British Columbia's Golden Triangle for $1.1 million. The acquisition will be satisfied through the issuance of 295,699 common shares at $3.72 per share. The Porter Project includes 15 contiguous claims and 46 crown grants, covering approximately 3,192 hectares. The project is strategically located 35km northwest of Dolly Varden's Kitsault Valley Project, 4km from Stewart, and 21km southeast of Ascot Resource's Premier mine and mill. The acquisition targets the highest-grade pure silver historic producer in northwest BC, with potential to connect the high-grade historic silver mines of Porter Idaho and Silverado, separated by 2,350 meters of untested area. The transaction is expected to close in the second half of May 2025, subject to TSXV and NYSE America approval.

StrikePoint Gold (STKXF) has signed a definitive agreement to sell its Porter Idaho property in British Columbia's Golden Triangle to Dolly Varden Silver. Under the agreement, Dolly Varden will acquire the non-core property by issuing 295,699 common shares to StrikePoint, valued at $1.1 million based on Dolly Varden's closing price on May 7, 2025. The shares will be issued without trading restrictions following a Prospectus Supplement filing. The transaction allows StrikePoint to focus on its core Hercules Gold Project in Nevada's Walker Lane while monetizing a non-core asset.

Dolly Varden Silver (NYSE: DVS) has announced its fully funded 2025 exploration program at the Kitsault Valley Project in BC's Golden Triangle. The program includes a minimum of 35,000 meters of diamond drilling with four drilling rigs, focusing on expanding high-grade mineralization at multiple deposits.

Key targets include: The Wolf Deposit, where previous drilling yielded 379 g/t Ag over 21.69m; the Homestake Silver deposit, which showed results of up to 35.05 g/t Au and 114 g/t Ag over 2.32m; the Moose Vein with previous intersections of 977 g/t Ag over 5.00m; and the Red Point target which yielded 21.10 g/t Au over 0.50m. The program will also include deep drilling at the Big Bulk copper-gold porphyry target.

Dolly Varden Silver (DVS) has entered into a definitive agreement to acquire Hecla Mining Company's Kinskuch property in BC's Golden Triangle for $5 million in stock. The deal will be executed through the issuance of 1,351,963 common shares to Hecla, increasing their ownership stake in DVS. The acquisition will quadruple Dolly Varden's tenure area to approximately 77,000 hectares by consolidating the Kitsault Valley, Big Bulk, and Kinskuch projects. The transaction includes a 2% NSR royalty for Hecla, with DVS retaining a 50% buyback right for $5 million. The deal will triple the total strike length of favorable Jurassic age Hazelton-group volcanic rocks by adding the Illiance trend to the Kitsault Valley trend. The acquired property includes the historic Esperanza Mine and is located near Goliath Resources' Surebet Zone gold mineralization.