*Disseminated on behalf of Dolly Varden Silver*

Good Morning Market Enthusiast,

There's a difference between a company that could grow and a company that's ALREADY ON FIRE. 🔥

Right now, Dolly Varden Silver (NYSE American: DVS) is quietly drilling into some of the richest silver and gold deposits on the planet — in B.C.'s legendary Golden Triangle.

(3)

This isn't a "maybe someday" story. 

It's happening NOW, and those who hesitate are watching their chances slip away.

The numbers speak for themselves: (4)

✅ 163 km² of potential high-grade real estate (48x bigger than NYC's Central Park) 
✅ Multiple silver and gold deposits already outlined and expanding daily 
✅ Recent drilling CRUSHING all expectations 
✅ Major players quietly accumulating positions 
✅ $32.2 million in the bank from their September 2024 financing 
 

While other exploration companies are still trying to raise money, Dolly Varden is already deploying capital into the ground and hitting results like: (4)

→ 654 grams of silver per ton over 21.5 meters

→ 606 grams of silver per ton over 16.2 meters in another hole

→ 379 grams of silver per ton over 21.7 meters, extending the Wolf Vein far beyond what anyone expected

To understand what this means: Most operating silver mines run at 100-300 grams per ton. 

Dolly Varden is hitting DOUBLE and TRIPLE those numbers consistently. 

(4)

The kind of grades that turn geological reports into acquisition targets.

And that's just the silver. The gold discoveries at Homestake Ridge are equally staggering: (4) 🌟

→ 46.31 g/t Au and 70 g/t Ag over 25.0m - that's pure bonanza grade

→ 12.23 g/t Au and 84 g/t Ag over 34.93m - extraordinary width for such high grades

→ 11.80 g/t Au and 1,824 g/t Ag over 9.16m - both precious metals in abundance

These aren't anomalies. 

They're finding new high-grade zones all across the property with 2024 discoveries including: (4) 🔍

→ Moose Vein: 977 g/t Ag over 5.00m including a stunning 3,670 g/t Ag over 0.79m

→ Chance Vein: 206 g/t Ag over 23.03m including 597 g/t Ag over 1.40m

This momentum isn't just rare. It's the kind that creates wealth for those positioned before everyone else realizes what's happening.

The smart money clearly sees what's coming:

• Hecla Mining (America's largest silver producer) has upped their stake to 12%
• Legendary resource backer Eric Sprott holds 9.9%
• Major institutions make up 52% of ownership, including Fidelity

This isn't random interest. 

It's calculated positioning ahead of what appears inevitable.

The Golden Triangle has seen over $5 BILLION in M&A deals since 2018. 

Giants like Newmont and Newcrest aren't just watching. They're actively consolidating.

And now consider this: Dolly's 163 km² package is one of the LAST large, standalone high-grade projects still available. (4)

They're sitting in the middle of a corporate acquisition wave with exactly what the majors need:

• Exceptional grades that are becoming increasingly rare globally
• Expandable resources with every new drill result
• Secure jurisdiction in mining-friendly British Columbia
• Strong local relationships including with First Nations (1/3 of the exploration team is from the Nisga'a Nation) 🤝
• Management that delivers without drama

What's more, this ground has produced before — and not just a little: ⚡

• 20 million ounces of silver have already been produced historically
• The Dolly Varden Mine averaged 1,100 g/t Ag starting in 1919
• Torbrit produced 18M oz at 466 g/t Ag during the 1950s

Meanwhile, larger market forces are accelerating:

• Solar panel demand requires unprecedented silver supplies
• Electric vehicles are consuming more silver than ever
• Global silver supply is running a deficit of 215 million ounces
• Only 13 primary silver companies left globally in the entire world

Now, add Dolly Varden's recent NYSE American listing — trading as DVS since April 21st — and the perfect scenario is already unfolding:

• Access to the world's deepest capital pools now fully secured
• Dramatically increased visibility with U.S. backers happening in real-time
• More liquidity, more momentum, more institutional coverage building daily

What also sets DVS apart is its exceptional infrastructure: 🚦

• 25km from tidewater access at Alice Arm
• 30km from power grid and the town of Kitsault
• 46km from deep-water port of Stewart

Simply put: Dolly isn't just sitting on treasure underground. They're positioning for a major re-rating above ground.

The most exciting part? They're exploring the potential connection between deposits — testing whether Wolf and Torbrit/Kitsol zones might be part of an even larger mineral system. 🧩

Management's aggressive approach speaks volumes.

(4)

You don't commit to 32,000 meters of drilling in a single season or secure $32 million unless you're confident about what's in the ground.

The evidence is mounting daily:

• High-grade silver and gold discoveries continue to expand
• Zones growing with every drill hole
• Fully funded exploration program
• Strategic shareholders increasing positions
• Major consolidation happening throughout the region
• A global silver squeeze intensifying by the month
•  

The pieces are in place. The countdown has started. ⏱️

Some will read this email, make a mental note, and revisit when DVS is already making headlines on Bloomberg.

Others understand that extraordinary returns come from positioning before the spotlight finds its target.

Dolly Varden Silver (DVS) has momentum that simply cannot stay under the radar much longer. 

Especially with a tight capital structure of only 83M fully diluted shares and a market cap that still doesn't reflect the full potential of what they're uncovering.

The window is closing. Will you act?

To your success, 

Max Masters

Co-founder, Market Tips Newsletter

Sources:
1. https://finance.yahoo.com/quote/DVS/
2. https://finance.yahoo.com/quote/DVS/history/
3.https://bit.ly/3GtnThi
4. https://bit.ly/4cThbxj
5. https://cmscontent.nrs.gov.bc.ca/geoscience/publicationcatalogue/InformationCircular/BCGS_IC2024-01-01.pdf
6. https://dollyvardensilver.com/dolly-varden-silver-outlines-2024-resource-expansion-and-discovery-focused-exploration-drill-program/
7. https://dollyvardensilver.com/dolly-varden-silver-intersects-654-g-t-silver-over-21-48-meters-at-wolf-vein-and-expands-2024-drill-program/

8. https://dollyvardensilver.com/dolly-varden-silvers-step-out-drilling-intersects-606-g-t-silver-over-16-38-meters-at-wolf-vein/

9. https://dollyvardensilver.com/dolly-varden-silvers-120-meter-step-out-at-the-wolf-vein-intersects-379-g-t-silver-over-21-69-meters-including-1804-g-t-silver-over-1-67-meters/

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