Dolly Varden Silver Corporation (TSXV:DV) agreed to acquire Kinskuch property in northwest BC's Golden Triangle from Hecla Mining Company (NYSE:HL) for CAD 4.8 million on May 5, 2025. The consideration consists of 1.35 million common equity of Dolly Varden Silver Corporation having a value of CAD 4.76 million to be issued for assets of Kinskuch property in northwest BC's Golden Triangle. As part of consideration, CAD 4.76 million is paid towards assets of Kinskuch property in northwest BC's Golden Triangle.

The Transaction was negotiated by disinterested members of management of Dolly Varden and Hecla. The Transaction was unanimously approved by the disinterested members of the Dolly Varden Board of Directors.

Dolly Varden Silver Corporation (TSXV:DV) acquired Kinskuch property in northwest BC's Golden Triangle from Hecla Mining Company (NYSE:HL) on May 26, 2025.