[Video Enhanced] Dolly Varden Silver Discovers Torbrit-style Mineralization at Shallow Depth across the Central Valley Fault
(TheNewswire)
Vancouver, BC – TheNewswire - January 26, 2026– Global Stocks News - Sponsored content disseminated on behalf ofDolly Varden Silver. On January 20, 2026 Dolly Varden Silver (TSX-V:DV) (NYSE MKT: DVS) (FSE: DVQ) announced that it has completed a total of 32 drill holes atthe Wolf Vein.
“Silver topped US$100 an ounce for the first time on Friday amidsurging demand for haven assets and frenzied buying in retail marketsfrom Shanghai to New York,” reported Mining.com on January 23,2026
Silver’s upward trend is fueled by a spike in safe-haven demandfollowing a rift in US-Europe relations, as well as retail buying inChina. Silver is now trading at US$110 per ounce.
Currently, about 50% of the value of Dolly Varden’s metal inventoryis in gold, a metal that is also experiencing sharp priceappreciation. Gold surged to a new record last week and isnow trading at US$5,050 per ounce.
The 2025 Dolly Varden drill program combined infill and verticalextension with southwest step-outs towards the projected position ofthe Central Valley Fault (CVF).
New mineralization was discovered, different from Wolf but similar tomineralization seen at Torbrit when Dolly Varden drilled on the otherside of the CVF on the projection of Wolf.
* Intervalsshown are core length. Estimated true widths vary depending onintersection angles and range from 55% to 65% of core lengths, furthermodelling of the new intersections is needed before true widths can beestimated. See results table for depths.
“In addition to the successful infill and expansion of the WolfVein, the discovery of silver-bearing mineralization similar to theTorbrit Deposit is a very significant step in connecting the Wolf Veinwith Torbrit, located over one kilometer to the south,” stated ShawnKhunkhun, President and CEO of DV in the January 20 press release.
On January 21, 2026 DV published an “explainer video” hosted byDolly Varden VP of Exploration, Rob van Egmond.
“This is our first news release from 2026,” stated van Egmond inthe video. “We've released one hole from Wolf so far. These areanother 31 holes. A lot of these are directional drilling.”
Dolly Varden is using directional drilling technology to preciselytarget areas for step-out and infill work at both Wolf and HomestakeSilver, drilling deflection holes (daughter holes) off the initial“mother” hole.
Directional drilling has allowed DV to decrease total meters drilledby utilizing the same mother hole numerous times.
In the seven-minute video, van Egmond gives a detailed geologicalanalysis of the highlight intercepts, including 467 g/t silver over 15.32 meters,within the mineralized plunge.
A key technical takeaway from the program was the identification ofTorbrit-style mineralization atshallow depth across the Central Valley Fault, highlighted by518 g/t silver over 0.52 meters inhole DV25-470.
On December 8, 2025 Dolly Varden announced a proposed merger of equalswith Alaska-based Contango.
Contango is a NYSE American-listed company that holds a 30% interestin the Manh Choh Gold Project in Alaska, which produces gold at anall-in sustaining cost (AISC) of US$1,505 per ounce. Cash distributions to Contango for thefirst nine months of 2025 totalled US$87 million (C$120million).
Transaction Highlights & StrategicRationale:
Complementary Assets: Creationof a North American-focused multi-stage silver and gold company, withan asset portfolio ranging from advanced-stage exploration to currentproduction.
Well Funded: Over US$100million combined cash on hand, only US$15 million in debt and annualcash flow from the producing high-grade Manh Choh gold mine in Alaska,operated in partnership with Kinross Gold Corporation("Kinross").
High-Grade Projects: Leverageto high-grade development of assets anchored by the Lucky Shot andJohnson Tract projects in Alaska, and the Kitsault Valley silver-goldproject in British Columbia – all strategically located nearexisting infrastructure supporting a DSO approach.
Shared CapexStrategy: Common development philosophy to pursue low-capexDSO projects that can be developed using existing processingfacilities.
Exploration Potential: Trackrecord of high-grade exploration success across the portfolio.
Enhanced Capital MarketsProfile: The combined company's shareholders will benefitfrom greater critical mass with a combined market capitalization ofapproximately US$812 million (C$1.1 billion), as well as increasedtrading liquidity, index inclusion, research coverage andinstitutional ownership.
Insider and InstitutionalSupport: All directors and officers of Contango and DollyVarden, as well as significant shareholders of both companies, havesigned voting support agreements in favour of the Transaction,representing approximately 22% of the outstanding Contango shares andapproximately 22% of the outstanding Dolly Varden shares.
Expanded Presence: Listing onthe NYSE American, and intention to apply to list on the Toronto StockExchange following the closing of the transaction.
“Contango has a solid five-year plan,” Khunkhun told Guy Bennett,the CEO of Global Stocks News (GSN). “They've got operations, agreat balance sheet, and a good pipeline. The merger takes theirfive-year plan and turns it into a 20-year plan.”
With our large, high-grade mineral inventory, Contango will have twodecades of development and exploration with geographical consistencyacross Alaska and Northwest, BC.
The young creative explorers that have made Dolly Varden a dominantplayer in the Golden Triangle are going to come onto those Contangoprojects, Johnson Tract, Lucky Shot and Manh Choh, looking forexpansion, extension and discovery opportunities.”
Rick and his sophisticated team of mine builders and operators aregoing to come into our project and take us through development andinto production. It's a perfect marriage,” concluded Khunkhun.
Rob van Egmond, P.Geo., Vice-President Exploration for Dolly Varden,the “Qualified Person” as defined by NI 43-101 has reviewed andapproved the scientific and technical information contained in thisnews release. Rob van Egmond, P.Geo. is not independent of theCompany in accordance with NI 43-101.
Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research,creation and dissemination of this content.
Contact: guy.bennett@globalstocksnews.com
Full Disclaimer: Global Stocks News (GSN) researches and fact-checksdiligently, but we cannot ensure our publications are free from error.Investing in publicly traded stocks is speculative and carries a highdegree of risk. GSN makes no recommendation to purchase any individualstock. When compensation has been paid to GSN, the amount and natureof the compensation will be disclosed clearly. GSN publications maycontain forward-looking statements such as “project,”“anticipate,” “expect,” which are based on reasonableexpectations, but these statements are imperfect predictors of futureevents. When compensation has been paid to GSN, the amount and natureof the compensation will be disclosed clearly.
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