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Exploring for Precious Metals in the Golden Triangle District, British Columbia
January 9, 2017
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Exploring for Precious Metals in the Golden Triangle District, - - PowerPoint PPT Presentation
Exploring for Precious Metals in the Golden Triangle District, British Columbia TSX.V : DV OTCUS : DOLLF January 9, 2017 TSX.V : DV U.S. : DOLLF 1 Forward Looking Information This presentation may contain forward-looking statements that
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January 9, 2017
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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 future economic conditions and courses of action; the timing and costs of future exploration activities on Dolly Varden Silver Corporation (“Dolly Varden”) properties; success of exploration activities; permitting timelines and requirements; requirements for additional capital; environmental requirements; planned exploration and development of properties and the results thereof; planned expenditures and budgets and the execution thereof. Often, but not always, forward-looking statements can be identified by the use of words such as “expects,” “plans,” “estimates,” “intends,” “believes,” “could,” “might,” “will”, “budget”, “scheduled”, “forecasts”, “anticipates”, “potential”, “base case” or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Dolly Varden to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Forward looking statements or information relates to, among other things, Dolly Varden’s corporate strategies, mineral resource estimates and plans for further exploration, which will require additional funding. These forward-looking statements are based on management’s current expectations and beliefs (including the belief in the accuracy of the resource estimate) but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. Information in this presentation is not intended to be a comprehensive review of all matters and developments concerning Dolly Varden and Dolly Varden does not assume any obligation to update, or to publicly announce, any such statements, events or developments, except as required by law. For additional information on risks and uncertainties, see Dolly Varden’s most recently filed annual management discussion & analysis (“MD&A”), which is available on SEDAR at www.sedar.com and on Dolly Varden’s website at www.dollyvardensilver.com. The risk factors identified in the MD&A are not intended to represent a complete list of factors that could affect Dolly Varden.
Compliance with NI 43-101
The technical information in this website (the "Technical Information") has been approved by Ben Whiting, P.Geo., V.P. of Exploration of Dolly Varden and a Qualified Person. For For rea readers ders to to unders derstand the he inform formation
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ed therei erein. Some of the mineral resources at the Dolly Varden Property are categorized as indicated and some as inferred mineral resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mineability, selectivity, mining loss and dilution. These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling,
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er Corp rp, is exploring for high-grade silver, gold and base metals in the prolific Golden Triangle District, northwestern British Columbia, Canada.
Dolly Varden Project, an 8,800 hectare property, hosting a high-grade silver resource, with expansion potential and multiple regional exploration showings.
Indi dicat ated d Resour urces ces of 3.07 M tonnes nes, , gradi ding ng 322 g/t Ag f for 31. 1.8 8 million
es silver er, , plus us Inferre erred d Resour urces ces of 0.90 M tonne nes, , grading 373 g/t Ag for 10.8 8 millio lion n ounces es silver er.
test regional target concepts and known mineralized showings and deposits.
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33,795 52-Week High $1.11 52-Week Low $0.12 Current Price $0.63 Current as of January 9, 2017
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Gary Cope
President, CEO & Director
Ben Whiting, P.Geo.
Vice President - Exploration
Rob van Egmond, P.Geo.
Chief Geologist
Stephen Brohman, CPA,CA
Chief Financial Officer
Melissa Martensen
Corporate Secretary
Steve Cope
Manager – Corp Development
Darren Devine
Chairman
Annette Cusworth
Director
Don Birak
Director
Jim Sabala
Director
Tom Wharton
Director
Kurt Allen, P.Geo. Art Freeze, P.Geo. Dale Brittliffe, P.Geo.
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metal mineral belt
production
deposits including Eskay Creek and Brucejack (Valley of the Kings)
structure and alteration on Dolly Varden as these world-class deposits.
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position (subject to 2% NSR)
Nisga’a First Nation
Varden
silver production (in 1920’s & 1950’s)
historic mines
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Focused on historic deposits…..
2011: Wolf – 4,607 m (21 holes)
2012: Dolly Varden – 1,603 m (6 holes)
2013: Torbrit – 3,064 m (14 holes)
(average 38m) thick
‘13 ‘12 ‘11
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Category Deposit Tonnes Silver
(g/t Ag)
Silver oz
(contained)
INDICATED
Torbrit 1,913,000 251.4 15,460,000 Dolly Varden 522,000 625.1 10,490,000 Wolf 402,000 296.6 3,834,000 North Star 236,000 262.8 1,994,000 Total 3,073,000 321.6 31,778,000
INFERRED
Torbrit 845,600 373.0 10,140,000 Dolly Varden 38,600 434.2 539,000 Wolf 9,500 230.6 70,000 North Star 4,800 223.6 35,000 Total 898,500 373.3 10,784,000
1. Effective August 27, 2015 by Giroux Consultants Ltd. 2. 150 grams of silver per tonne (g/t Ag) cutoff grade 3. Mineral resources that are not mineral reserves have not demonstrated economic viability. Please refer to the company’s updated Technical report filed on www.sedar.com for further details.
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included in the mineral resource estimate due to sparsity of lead and zinc assay data (not assayed in pre-2011 drill holes).
sparsity of data. Known presence of barite and sulfides will likely result in higher SG of rock, resulting in greater tonnage.
not included in the current estimate due to lack of data. Further drilling will allow adding this material to future resource estimates.
Please refer to the Company’s updated Technical Report filed on www.sedar.com for further details. The Qualified Person for this mineral resource estimate is G.H. Giroux, M.A.Sc., P.Eng., who prepared the mineral resource estimate in compliance with the standards of National Instrument 43-101. Mr. Giroux is independent of the Company.
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(Sodium depletion and Potassium enrichment).
exist.
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Regional Exploration
grading 60 g/t Ag)
g/t Ag, including 0.5m grading 3,200 g/t Ag.
Galena Trend comparable to those in known deposits on the property
McKay Showing northeast beyond the Sault Showing
mineralization at Ace-Galena.
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continuity of mineralization in new VMS zone over 250m at Ace-Galena.
epithermal vein containing native silver.
incl 3,200 g/t Ag over 0.5m
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Kitsol Vein Long Section showing grade x thickness of intercepts
Hole DV14010 returned 25.95m 5m grading ng 712.19 g/t Ag (est. 22.6m true width).
structural interpretation.
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ly Varden den Silver er Corp rp, also
along the south shore of Kinskuch Lake.
surrounded by the very large Kinskuch Project of Hecla Mining Limited.
altered quartz monzonite intrusives. Analogues for Big Bulk are the Sulphurets, KSM (Seabridge) and Red Mountain (IDM Mining) deposits.
averaging 1.25% Cu and 1.0 g/t Au.
yielded 0.31 % Cu over 54 m from 67 to 121 m, plus 4.0 g/t Au over 10 m from 427 to 437 m.
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Company Location Total AgEq oz Grade Shares F/D Price F/D M Cap Per oz
ALEXCO RESOURCE CORP Canada 67,300,000 337 105,000,000 $2.28 $239,400,000 $3.56 DEFIANCE SILVER Mexico 17,900,000 192 95,300,000 $0.40 $37,640,000 $2.10 KOOTENAY SILVER Mexico 179,000,000 55 244,000,000 $0.34 $82,960,000 $0..46 SILVER BEAR Russia 78,100,000 900 172,000,000 $0.32 $54,180,000 $0.69 BRIXTON METALS Canada 21,500,000 90 59,000,000 $0.43 $25,075,000 $1.17
AVERAGE $1.60
DOLLY VARDEN Canada 42,600,000 333 43,300,000 $0.63 $27,279,000 $0.64
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systems property wide
discoveries
power via historic road
– prolific production
Creek and Brucejack
board
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GARY COPE
President, CEO & Director 604-687-8566
BEN WHITING, P.Geo.
Vice President Exploration 604-687-8566
www.dollyvardensilver.com
Investor Relations
Skanderbeg Capital Advisors 604-687-7130 info@skanderbegcapital.com