STOCK TITAN

DOLLY VARDEN SILVER CORP - DOLLF STOCK NEWS

Welcome to our dedicated page for DOLLY VARDEN SILVER news (Ticker: DOLLF), a resource for investors and traders seeking the latest updates and insights on DOLLY VARDEN SILVER stock.

Dolly Varden Silver Corp is a mineral exploration company focused on advancing its Kitsault Valley Project in the Golden Triangle of British Columbia. The company is engaged in drilling programs targeting high-grade gold and silver mineralization. Recent achievements include new discoveries at the Homestake Ridge property and expansion of deposits at Wolf and Torbrit. The company's exploration initiatives aim to define, upgrade, and expand mineralization, with a particular focus on gold and silver resource growth.

Rhea-AI Summary

Dolly Varden Silver Corporation (DOLLF) announces changes to its board of directors following the acquisition of the Homestake Ridge gold-silver project from Fury Gold Mines Ltd. This acquisition enhances Dolly Varden's resource base, boosting its market cap and treasury. New board members include Tim Clark, CEO of Fury, and Michael Henrichsen, SVP Exploration of Fury, bringing extensive experience to the company. The company also grants 3,975,000 stock options at $0.79 per share, which will expire in five years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
management
-
Rhea-AI Summary

Dolly Varden Silver Corporation (OTC: DOLLF) announced a $5.3 million investment from Hecla Canada Ltd. alongside the acquisition of the Homestake Ridge gold-silver project. This investment allows Hecla to maintain its pro-rata equity interest by purchasing 9,048,539 common shares. The combined Dolly Varden and Homestake Ridge projects will enhance the Kitsault Valley Project, known for high-grade precious metals. This strategic move positions the company within a highly prospective region of British Columbia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
Tags
none
-
Rhea-AI Summary

Dolly Varden Silver Corporation has announced the approval of the acquisition of Homestake Resource Corporation from Fury Gold Mines Limited, with 98.8% of shareholders voting in favor at a special meeting. This acquisition positions Dolly Varden to create a significant high-grade precious metals asset in British Columbia's Golden Triangle. The transaction is subject to customary closing conditions and is expected to complete around February 25, 2022. This move consolidates the Kitsault Valley mineral deposit trend, enhancing exploration potential.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
Tags
Rhea-AI Summary

Dolly Varden Silver Corporation (OTC: DOLLF) announced promising drill results from its 2021 exploration program at the Torbrit Silver deposit. Significant silver mineralization was identified, particularly at the Kitsol and Torbrit North zones. Key highlights include 354 g/t Ag over 12.28m and 1,220 g/t Ag over 0.70m. The results suggest strong resource expansion potential, with plans for further drilling to target high-grade silver shoots this spring. The company is also pursuing acquisition of the Homestake Ridge deposits to consolidate its mining potential in British Columbia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
none
-
Rhea-AI Summary

Dolly Varden Silver Corporation (TSXV: DV, OTC: DOLLF) reported promising drill results from its 100%-owned Dolly Varden Project in British Columbia on December 20, 2021. Notable findings include a high-grade silver intercept of 1,532 g/t Ag and significant copper-gold indicators from the Wolf Vein, suggesting strong resource expansion potential. The company completed 10,506 meters of drilling, focusing on resource upgrades and new targets. The results indicate potential for both high-grade silver deposits and a new porphyry-related copper-gold system, marking significant exploration progress.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.07%
Tags
none
-
Rhea-AI Summary

Dolly Varden Silver Corporation and Fury Gold Mines Ltd have announced a definitive agreement for Dolly Varden to acquire the Homestake Ridge gold-silver project for CAD $50 million. The project contains an estimated resource of 165,993 ounces of gold and 1.8 million ounces of silver in the Indicated category, and 816,719 ounces of gold and 17.8 million ounces of silver in the Inferred category. The transaction aims to consolidate resources for enhanced exploration and development synergy. Fury will receive $5 million in cash and shares, gaining approximately 36.9% ownership in Dolly Varden post-transaction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
none
Rhea-AI Summary

Dolly Varden Silver Corporation (DOLLF) announced a definitive agreement to acquire a 100% interest in the Homestake Ridge gold-silver project from Fury Gold Mines Ltd for CAD$50 million. The acquisition includes a cash payment of $5 million and the issuance of 76.5 million shares. The Homestake Project hosts significant resources, including 165,993 ounces of gold and 1.8 million ounces of silver in the Indicated category. The consolidation aims to enhance co-development synergies and strengthen Dolly Varden's position in the Golden Triangle, British Columbia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
none
-
Rhea-AI Summary

Dolly Varden Silver Corporation (DOLLF) has announced its graduation from the Pink Open Market to the OTCQX® Best Market, enhancing trading accessibility for U.S. and international investors. The OTCQX market features companies that meet strict financial and governance standards, improving investor confidence. CEO Shawn Khunkhun emphasized the importance of shareholder support and the increased liquidity for investors. Dolly Varden focuses on mineral exploration in British Columbia, with promising silver and copper-gold projects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Dolly Varden Silver Corporation (DOLLF) has appointed Andrew Hamilton, P.Geo, as its new Senior Geologist, enhancing its technical team. Hamilton brings over 30 years of experience in mineral exploration, focusing on gold and copper-gold projects across regions including British Columbia and Mexico. His expertise includes drill program design and resource modeling, with a notable track record in transitioning companies from exploration to production. CEO Shawn Khunkhun welcomed Hamilton, highlighting his potential to contribute to the company’s growth over the next two years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.88%
Tags
none
Rhea-AI Summary

Dolly Varden Silver Corporation (DOLLF) has initiated a diamond drilling program at the Torbrit Silver Deposit in British Columbia, comprising 10,000 meters aimed at infill and expanding its high-grade silver resource. This effort is part of a two-year strategy to upgrade the deposit and explore new areas. The CEO, Shawn Khunkhun, highlighted the potential for improved resource understanding and economic studies. Historical mining and modern resources on the site support the project's viability as a low-cost underground bulk mining opportunity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of DOLLY VARDEN SILVER (DOLLF)?

The current stock price of DOLLY VARDEN SILVER (DOLLF) is $0.65 as of December 20, 2024.

What is the market cap of DOLLY VARDEN SILVER (DOLLF)?

The market cap of DOLLY VARDEN SILVER (DOLLF) is approximately 239.6M.

What is Dolly Varden Silver Corp focused on?

The company is focused on mineral exploration, particularly targeting high-grade gold and silver mineralization.

What are some recent achievements of Dolly Varden Silver Corp?

Recent achievements include new discoveries at the Homestake Ridge property and expansion of deposits at Wolf and Torbrit.

What does the company aim to achieve through its drilling programs?

The company aims to define, upgrade, and expand mineralization, with a focus on gold and silver resource growth.

Where is the Kitsault Valley Project located?

The Kitsault Valley Project is situated in the Golden Triangle of British Columbia, offering high-grade silver and gold resources.

What exploration initiatives is Dolly Varden Silver Corp undertaking?

The company is conducting drilling programs to target new discoveries, expand deposits, and grow gold and silver resources.

DOLLY VARDEN SILVER CORP

OTC:DOLLF

DOLLF Rankings

DOLLF Stock Data

239.57M
122.69M
43.17%
10.93%
Silver
Basic Materials
Link
United States of America
Vancouver