December 28 - Global Stocks News - On December 20, 2023 Dolly Varden Silver announced that it intends to acquire a 100% undivided interest in the southern portion of the Big Bulk Project from Libero Copper & Gold. Dolly Varden will issue Libero 275,000 common shares at a deemed value of .78 to close the deal. DV Silver is also developing its 100% held Kitsault Valley Project located in the Golden Triangle of British [...]
Dolly Varden Silver Corp. has entered into an assignment and assumption agreement with Libero Copper & Gold Corp. pursuant to which Dolly Varden has acquired from Libero an option agreement entitling Dolly Varden, subject to certain conditions, to earn-in a 100% undivided interest in the southern portion of the Big Bulk Project from Libero thus consolidating the entire copper-gold porphyry system. The Libero property [...]
Dolly Varden Silver Corp. is pleased to announce drill results from the Wolf Vein. Drill hole DV23-375, an 81 meter step-out from mineralization encountered in 2022 and 50 meters below DV23-268 that intersected a wide breccia vein zone. In addition, initial drilling at the Moose Vein, 1.5 kilometers North of Wolf, intersected silver mineralized veining similar to the system at Wolf. Highlights from the Wolf Vein drilling [...]
Dolly Varden Silver Corp. is pleased to announce that, further to its news release dated October 30, 2023, the Company completed the sale of 15,384,616 common shares of the Company to Hecla Canada Ltd. on November 1, 2023 at a price of $0.65 per Common Share for gross proceeds of $10 million . As a result of the Offering, Hecla has increased its shareholding in the Company to 15.7% from 10.6%, calculated on an undiluted [...]
Dolly Varden Silver Corp. is pleased to announce that the Company has today entered into an agreement for a further strategic investment by Hecla Canada Ltd. whereby Hecla has agreed to subscribe for 15,384,616 common shares of the Company at a price of $0.65 per Common Share for gross proceeds of $10 million . Upon completion of the Offering, Hecla will increase its shareholding in the Company to 15.7% from 10.6 [...]
Dolly Varden Silver Corp. is pleased to announce drill results from the Wolf Vein, which includes drill hole DV23-368, a 75 meter step-out down plunge, which intersected 1,898 g/t Ag over 1.00 meters within 381 g/t Ag over 29.34 meters core length. Five drills have completed over 43,000 meters of the expanded 55,000 meter drill program at the Dolly Varden and Homestake Ridge areas. This release includes 19 drill holes [...]
Dolly Varden Silver Corp. is pleased to announce initial drill results from expansion drilling at Kitsol and Torbrit as part of the 2023 exploration program on the 100%-owned Dolly Varden property in BC's Golden Triangle. Due to drilling success and efficiencies, a fifth drill has been mobilized to site and the 2023 program has been expanded by approximately 10,000m to 55,000m of drilling. Over 70 drill holes have been [...]
Dolly Varden Silver Corp. announces that diamond drilling with four rigs has commenced at the Kitsault Valley Project, which includes the Dolly Varden Silver property and Homestake Ridge Gold-Silver property. Two drills are targeting the Wolf Vein and two at the Kitsol Vein. A fifth drill rig is available as the program progresses. "We have hit the ground running with four drills on our fully funded 2023 exploration [...]
Dolly Varden Silver Corp. announces the 2023 Exploration Plans for the Kitsault Valley Project, which includes the Dolly Varden Silver property and Homestake Ridge Gold Silver property. A total of 40,000 to 45,000m of drilling is planned to build upon last year's successes through further step outs following high grade silver and gold mineralization at the Wolf and Homestake Ridge deposits, as well as appropriately spaced [...]
Dolly Varden Silver Corp. is pleased to announce that final results from drilling during the 2022 season on the Dolly Varden area of the Kitsault Valley Project have been received, including significant results from both the southern and northern limits at the Wolf Deposit: the southwest Wolf Vein Extension as well as the East Wolf Vein offset. Results include the highest grade silver assay yet received from the Dolly [...]
Dolly Varden Silver Corp. is pleased to announce drill results from the 100%-owned Homestake Ridge property in BC's Golden Triangle. Highlights from the Homestake Main Deposit include*: HR22-324: 4.32 g/t Au and 76 g/t Ag over 22.50 meters including 19.42 g/t Au and 375 g/t Ag over 4.50 meters HR22-333: 46.31 g/t Au, 70 g/t Ag and 0.19% Cu over 25.00 meters including 1,145 g/t Au, 826 g/t Ag and 0.51% Cu over 0.48 meters [...]
Dolly Varden Silver Corp. is pleased to announce that it has closed its previously announced brokered private placement offering for gross proceeds of approximately $20.7 million, including the full exercise of the agents' option, and also received $1.9 million from Hecla Canada Ltd.'s pro-rata participation to maintain its 10.21% ownership on a fully diluted basis, for aggregate gross proceeds of $22.6 million to the [...]