Hecla invests C$10M in Dolly Varden Silver
Proceeds will fund continued exploration at Kitsault Valley North of 60 Mining News - November 3, 2023
Last updated 11/22/2023 at 2:49pm
Dolly Varden Silver Corp. Oct. 30 announced that Hecla Mining Company is investing C$10 million (US$7.2 million) in the Northern British Columbia-focused precious metals exploration company.
Hecla, which has long held a stake in Dolly Varden, has agreed to acquire 15.38 million shares of the company at C65 cents each. As a result, Hecla's will own a 15.7% interest in Dolly Varden, a significant...