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Speaker 1: We talk a lot about Silver not taking out.

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Speaker 2: Its old all time eye.

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Speaker 1: Well it's about two in Canadian dollar terms. We're forty

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six twenty five Canadian. This is a Canadian project and

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we are going to realize these mail prices in Canadian dollars.

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And it's it's a big opportunity for any US investor.

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You know, you're able to come up to Canada at

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like basically a one point five ratio and you can

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get fifty percent more Dolly vardenstock today with your US dollars.

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Speaker 2: The Financial Survival Network now more than network, the Financial

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Survival Network.

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Speaker 3: And welcome. This is Financial Survival Network. I'm your host,

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Carrie Lets. We are connecting with Sean Couon Kuhn, CEO

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of Dolly Varden's Silver to get another sponsor update. We

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got some drill results out yesterday, Sean, and the wow.

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Speaker 2: I'll tell you what.

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Speaker 3: If anybody had any doubts about the Homesteak acquisition, the

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Homesteak Ridge property, I think those doubts have been put

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to rest by now right absolutely.

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Speaker 1: And what's interesting is, you know, Dolly Varden acquired Homesteak

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back and we completed the transaction in the first quarter

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of twenty twenty two, so bout three years ago, and

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what really excited me was the Homesteak Main deposit, which

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is where the bulk of the gold mineralization was located.

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But what's really emerging recently is home Steak silver. And

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just to put this into context, so you know, we're

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up in Northwest BC, We're in the Golden Triangle. We've

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got some of the richest best silver and gold mines

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on planet Earth, and the Dolly Varden mine, which was

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one of the richest silver mines in the British Empire,

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Canada's third largest producer. The silver is transitioning to silver

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and gold at home Steak Silver and then it transitions

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to gold. And so the results that we put out

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on Monday are from Homesteak Silver and we're finding some

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really good silver and gold inner STAPs and carry You

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don't like for any of your viewers who may not

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be geologists, which I assume that's probably a lot of

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your viewers, right, like what makes a good drill hole?

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You know, what makes a discovery? And there was a presentation.

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We had a couple of conferences up here in Vancouver recently,

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and there was a mining analyst a very famous mining analyst,

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Michael Gray, who talked about what the larger companies are

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looking for in gold discoveries and what and this is

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something very very simple that anybody who's consuming information news

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releases context from explore cos Miners. If you take the

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gram of gold per ton, you take that grand per

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Ton number and you multiply that by the number of meters,

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it's going to give you a calculation. So if we

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take Dolly Varden's headline and it was approximately twenty grams

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of gold over approximately eight meters, So if we're looking

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for the gram meter interval, what we get at Dolly

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Varden on that drill hole was over one hundred and

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sixty gram meters. And what Michael Gray talked about in

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his presentation at the Vancouver Resource Investment Conference and the

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roundup conference the technical conference.

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Speaker 2: Is he talked about.

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Speaker 1: Anything over one hundred gram meters is you know and

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by many are suit seen as a discovery. So that's

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what you want to see if you can get to

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over one hundred grand meters, and at Dolly Varden we

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got over sixty eight percent of that in our last

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drill inter sex, so.

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Speaker 2: We're very very happy with homestake.

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Speaker 3: Yeah, well it's definitely looking up and well, I guess

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the question is what happens for twenty twenty five.

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Speaker 2: Now, that's a great question.

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Speaker 1: And you know, when I look ahead at twenty twenty five,

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I'm just coming off the back of an exploration planning

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meeting that we had this morning with our team, and

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you know, we're looking at, you know, some of the

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upcoming dates, Carrie. We're looking at you know, May fifteenth

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as a date where we could be potentially drilling. We

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look at May first as a date where we're looking

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to open camp. And so we've got sixty days between

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now and when we are in the field out there

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exploring and hunting for new mineralization and growing and de

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risking these projects. And there's a lot of information that

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there's a lot of work that we need to do

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over the next two months in preparation for that drill planning.

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You know, two years ago we had over one hundred

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people up at sight, we had five drill rigs turning,

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We drolled over fifty thousand meters. You know, these are

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big program and it takes it in order to do

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it safely, in order to do it on time and

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on under budget. You need to have the appropriate planning

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in place, and so the next sixty days are going

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to be spent not only as as an internal team

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at Dolly Varden.

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Speaker 2: But we'll also lean on.

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Speaker 1: One of our shareholders, who Heckla Mining is not only

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a shareholder, but one of their geologists is made up

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of our makes up our technical committee. We've also got

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a board member Michael Hendrickson that heads up that technical

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committee and a director, Rob McLeod, and our team will

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present you know what we want to do in twenty

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twenty five, the forty thousand meters are drilling that we

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want to launch as an initial phase one drill program.

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The high priority targets will rank the targets well, and

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we'll make the case of why we want to go

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into the Wolf deposit, which is the new high grade

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silver deposit on the property that's showing a lot of

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growth and expansion potential.

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Speaker 2: Why you know the last hole that we put.

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Speaker 1: Out at Wolf, which we announced on January sixth, where

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it was one hundred and twenty meters.

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Speaker 2: Step out hit.

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Speaker 1: What I want to do is I want to backfill

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that to ensure continuity and ensure that we can get

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these ounces into a compliant resource estimate. But I also

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want to step out. I want to continue expanding and growing.

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So we'll hit Wolf, we'll hit Homestake silver, but there's

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a number of other targets. You know, I just learned

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something really new and exciting today, which is we could

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have another Homesteak deposit on our property. We've got an

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area that we refer to as red points, and it's

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too early for me to give you all the details.

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These are things that are going to come out over

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the next sixty days, but we've got some new interpretation

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on how we can better explore that deposit, and so

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I'm really excited.

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Speaker 2: There are there's.

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Speaker 1: Ample targets, and the good new US is Terrrie. We

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have thirty three point nine million dollars in the treasury

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as of today, so we're fully equipped to go out

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and to do a big drill program, and I know

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it's a very very very exciting time. We're also going

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to put out a news release summarizing all of the

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results from the twenty twenty four DROLL program. So you know,

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we'll look at where Dolly was going into the season,

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where we are today, and I'll look ahead at what

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we're going to be accomplishing in twenty twenty five.

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Speaker 3: And best of all, the metals markets are cooperating with you.

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Silver back over thirty two US dollars the outs, and

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of course gold trading at all time highs. Looks like

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gold's on its way to three thousand.

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Speaker 1: And you know's what's crazy for me, Carrie is I'm

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just going to pull this up right now on my phone.

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You know, our project is located in Canada, and right

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now Spot Gold is over four thousand dollars an ounce.

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Four thousand and seventy five dollars is the bid on

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Spot gold in Canadian dollar terms. You know, we talk

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a lot about silver not taking out its old all

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time high, Well it's about two in Canadian dollar terms.

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I think it already has. In AZI dollar terms. We're

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forty six twenty five Canadian. This is a Canadian dectile,

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and you know, we are going to realize these metal

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prices in Canadian dollars and it's a it's a big

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opportunity for any US investor. You know, you're able to

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come up to Canada at like basically a one point

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five ratio and you can get fifty percent more Dolly

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vardenstock today with your US dollars.

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Speaker 3: Yeah, so the leverage that you have there, especially when

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considering the additional the recent drill results, the share really

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the leverage has just increased dramatically per share because the

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price has.

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Speaker 1: Absolutely we are still about thirty percent off our highs

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that we hit in October when the silver price was

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at thirty five dollars, and that goes to show like

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a ten percent increase in the price of the metal

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can have a thirty percent impact on the price of

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the shares. And that's why you know, if you're investing,

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if you're speculating, if you're looking for torque in your

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mining investments and in your metal investments, this is where

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the shares really And what's great, Carrie is today Tholly

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Varden is on three indexes, you know, so we are

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liquid enough, We are big enough to attract the cell

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J and some of these ETFs and that's very, very

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important from a liquidity standpoint. Sprot just announced a new ETF.

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We will be included in that as well, so that's

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a fourth and then you know, once our shares start

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trading over a million dollars a day in terms of liquidity,

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we might be included on something like the GDXJ. And

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you know, as this company grows and as it builds,

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you know, we are also looking to uplist on larger

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stock exchanges, introducing the company to even more investors, both

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institutional but also retail.

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Speaker 3: Yeah, and effectively, I guess what I was saying is

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your ounces in the ground got even cheaper, more discounted

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than they already were.

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Speaker 1: And and you know, you highlight a great point here.

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The disparity between metal price and mental equity has never

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been greater. And so you know, as we drill, as

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we put out positive dual results, and as the share

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price is still here, you know, I think it's around

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seventy three cents US. You know, it's still well off,

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it's its highs, and we've just made fundamentally made the

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company even better.

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Speaker 3: All Right, So milestones for twenty twenty five catalytic events?

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What do you see ahead?

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Speaker 1: Well, you know, again we're in this moment right now

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where we just put out yesterday the results from the

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twenty twenty four program. And you know, at a very

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very high level, you know, the overall goal of this

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company is to create a company that becomes a top

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ten co. That's the that's the big vision here, and

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it has been for five years. And that vision, you know,

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it hasn't changed now that we're a three hundred and

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twenty million dollar company. You know, it's still the same

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vision it was when we were twenty million dollar company

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five years ago. So the overall goal here is my

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mission for this company is to create a top ten

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silver coat, and we either become one ourselves by developing

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and growing this asset, or we get acquired by a

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company that's already an existing top ten silver equity and

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hence we get absorbed into that story and we become

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a pipeline project into that larger co.

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Speaker 2: So that's the overall goal.

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Speaker 1: Now, how do we get there, Well, we get there

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through doing what we have done in the past, which

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is continue to systematically grow this company through adding high

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quality ounces in the ground. And we can do that

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through drilling, we can do that through acquisitions, and so

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it's really about putting together a systematic, aggressive exploration program

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and continue to have success with the drill bit, expanding

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and extending high grade silver and gold minimalization.

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Speaker 3: All right, and the rising metals prices certainly help everything

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look better over time.

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Speaker 1: I just hope they're outpacing the rising inflation.

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Speaker 3: Yeah, well it's about time they started, I would say. So.

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You want to go over to the company's website, Dolly

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Voordensilver dot com sign up for notifications so you get

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the latest news and the ticker symbols in the US

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do O, l l F and of course in Canada DV. Shawn.

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Thanks for coming on. We'll talk to you again real soon.

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Speaker 2: Thanks for having me, Harry, Thank you. The Financial Survival

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Network