➡ The project is currently undergoing one of its largest drill programs ever, with impressive results. The company has found a significant amount of high-grade silver and is operating in a safe area with local support. The business is doing well, with a healthy cash position that will fund operations until 2026. The company is positioned as a top choice for investors due to the project’s location and potential.

We’re in the midst of one of the largest drill programs the project has ever seen in a single season. It’s a 55,000 meter drill program and we’ve put out today arguably the greatest result the property has ever seen. Well hello there my friends Chris Marcus here with you for Arcadia Economics and a quick update because I did record a call with Sean Kunkin of Dollyvard and Silver where we talked about the silver market and a whole bunch of other things. Although he touched on some drill results that they had out this morning and since their stock currently up five percent on the day and some impressive results that they had wanted to get you the portion of that where he talked about those drill results today before the market closes so you can at least be aware of what is happening.

So with that said here is the recap of the drill results full interview coming up tomorrow at 2 p.m eastern but here is the part about the drill results. So right now up at site we’ve got five drill rigs turning we’re in the midst of one of the largest drill programs the project has ever seen in a single season it’s a 55,000 meter drill program and we’ve put out today arguably the greatest result the property has ever seen from a grams and meters basis. So we hit you know 1,400 grams of silver over 21 meters at the wolf fane and so we have identified a lot of silver we’re finding a lot of silver and we’re finding it at grades that I would say are second to almost none and we’re doing all this in a safe jurisdiction where you have certainty with the locals whether they’re first nations indigenous locals or they’re the local communities they want us there they’ve been experiencing mining operations for 100 years so we’ve got a high grade project we’ve got a large project it’s in a safe jurisdiction and so that the business is operating well you know the share price is at or close to an all-time high and and we’ve got a lot of results pending we’ve also got a very healthy cash position so with 40 million dollars in the bank we could continue to be aggressive and we’re fully funded not only for this year but we’ve got money to take us into 2026 and update resource estimates put out economic studies and also launch the next drill program so look at dolly what dolly really represents though is chris if i were to sum up silver with one word it’d be scarcity silver scarce that’s why it’s going higher there’s only 10 primary silver producers that investors can get exposure to and leverage and then outside of those 10 producers there’s just a handful of companies that are the next in line that are either going to be acquired by the producers or they’re going to become the next great silver producers and where dolly varden positions itself is in my opinion outside of those 10 producers i believe we’ve positioned the company as investors number one choice because of where the project is and what the project is and that’s just i hope that sums it up for you yeah and actually something that i’m guessing especially for people who are somewhat newer to the mining side when you have these results here the 1422 grams per ton over 21.7 meters is certainly extremely good news but then obviously you have the 10 000 grams per ton over a meter now i think most people know this but there’s some who might be new that doesn’t mean that oh we’re gonna hit the average yield is going to be 10 700 grams per ton but sean can you explain to people when you do get an intercept like that what what that actually does tell you and how you interpret that that subset of the results so look historically you know we’ve got this abundance of past producing mines one of them was averaging 1100 grams per ton another was averaging 466 grams per ton i like to be conservative and i like to look at averages so if we can produce product here that’s averaging over 300 grams per ton of silver we’re very very width because of its proximity to surface just because of the very nature of it so i’m not looking for forget the 10 000 grams per ton forget even the 1400 grams per ton but if we can build up some tonnage north of 300 grams per ton in an environment where you’ve got plus 25 silver and i think we we both can say pretty confidently we’re in that environment um with a with a four handle there with 40 silver i think we’re we’ve got a very very compelling project it used to work at a time where silver was sub one dollar right and now we have to think about nominally inflation adjusted what that price looks like today but having said that if something worked in 1919 if something worked in 1959 and we’re finding more of it now you’ve got good infrastructure now you’ve got certainty with laws now you’ve got higher metal prices and now you have more of it that to me you know is we’re starting to make that transition from advanced explorer to future producer and may i also add and now if you have jerome pal getting ready to cut interest rates well donald donald trump’s getting ready to bring in someone who will cut interest rates even further uh we could add that on as good news in your case there i think there’s an opportunity to create a big silver company okay there’s there’s there’s only there’s only 10 primary producers right that the market cares about and that the market um and and a lot of those companies they don’t even produce that a lot of silver you know that right most of them are producing lots of gold and lead and zinc and and so what i’m trying to do my goal with dolly varden is creating a vehicle for investors that is going to give you exposure to silver and just trying to do smart business deals along the way you know we did a slew of acquisitions in may where we bought things from companies that were distressed and you know i just think if i if i if i approach the business in a way where we’re good stewards of the treasury you know eight what is it what is it 88 percent of the are the capital that we’ve raised has gone into the ground um so that’s and so we’re we’re putting it in the ground we’re trying to expand and extend deposits we’re doing smart business deals when we’re bringing in other assets we’ve we now have five past producing mines in the portfolio so to answer your question i am a mining finance professional that works with talented mining engineers and geologists and the vision for the company has been to grow high grade inventory and to advance the project but as the company’s grown you know we were a 20 million dollar company five years ago when i took over uh the market cap is it fluctuates but it’s somewhere around 450 million market cap we’ve got around 50 million in cash and so where i’d love to see the company what success looks like for me in five years is Dolly Varden has production we have a pipeline of assets we’re exploring and we are we’re creating a silver juggernaut that is in that top 10 list and it is growing and it’s got the ambitions to be number one
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