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By Shane Lasley
Mining News 

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

A geologist grabs samples from the walls of a historic underground silver mine.

Dolly Varden Silver Corp.

The Dolly Varden property south of Stewart, British Columbia, hosts four past producing underground silver mines.

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...

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