DOLLY VARDEN SILVER CORPORATION
2017 PROGRAM - DIAMOND DRILLING INTERVALS

Ag-Eq = Ag + (Pb%*22.046*Pbprice*31.103/Agprice) + (Zn%*22.046*Znprice*31.103/Agprice)
Metal prices used for this formula —- Ag = $US 16.25/oz, Pb = $US 1.00/lb, Zn = $US 1.25/lb
No provisions have been made for relative metal recovery.

HoleZoneFromToCoreTrueAgPbZnAg-Eq
(m)(m)LengthWidth(g/t)(%)(%)(g/t)
Torbrit Deposit Area - Holes DV17-036 to 043
DV17-036159.38160.000.620.4412.60.303.49209.6
DV17-037Upper142.80154.6011.808.3485.40.671.32183.5
includes145.80149.403.602.55170.20.631.01250.2
includes145.80146.801.000.71230.00.431.57330.7
Lower176.00181.505.503.897.10.070.8152.8
includes181.00181.500.500.353.90.103.32183.1
DV17-038Upper99.55113.0013.4513.0561.00.090.4286.9
includes99.55106.006.456.26104.50.100.31125.2
includes99.55100.050.500.491,101.00.600.351,053.6
Lower131.65133.852.202.10149.50.850.65219.9
includes132.10133.000.850.81241.00.950.50307.2
DV17-039Upper116.75127.9511.209.9897.60.411.25180.9
includes116.75118.701.951.74182.61.051.66314.5
Lower150.30181.0030.7026.04113.90.380.48155.1
includes150.30165.3015.0012.72172.40.690.81244.4
includes151.30157.306.005.09355.31.631.30493.1
includes151.30153.302.001.70720.00.591.25810.8
DV17-040Upper136.00143.007.005.6619.90.360.0738.8
includes142.00143.001.000.8157.01.190.07110.9
Lower187.50200.0512.559.89514.30.090.04520.2
includes192.50199.507.005.52757.40.120.05765.1
includes194.50196.502.001.58949.00.170.06959.3
DV17-041Upper136.50138.001.501.3019.20.210.0430.0
Lower154.05156.602.552.16155.60.120.03162.2
includes155.00156.601.601.36212.60.070.02216.6
includes156.00156.600.600.51302.00.090.02306.9
HoleZoneFromToCoreTrueAgPbZnAg-Eq
(m)(m)LengthWidth(g/t)(%)(%)(g/t)
DV17-042Upper169.55178.108.556.0550.00.180.81100.6
includes170.55172.642.091.48124.90.220.62167.1
includes170.55171.500.950.67191.00.150.95247.3
Lower202.00213.7011.708.27204.30.110.07212.7
includes204.00212.728.726.17249.10.100.06256.5
includes208.55210.682.131.51598.80.070.05604.5
DV17-043Upper229.00234.655.654.0096.80.180.30120.1
includes229.65233.654.002.83121.30.170.31144.8
includes229.65230.651.000.71280.00.100.22296.0
Dolly Varden Deposit Area - Holes DV17-044 to 052
DV17-04443.3546.102.752.6930.30.050.4958.4
includes44.1044.950.850.8364.70.131.20133.4
DV17-04545.5556.5010.9510.7832.60.301.46122.5
includes46.4052.005.605.5143.20.552.64205.3
includes46.4049.202.802.7661.70.743.92300.0
includes47.7048.500.800.7991.01.897.25552.9
DV17-04622.9037.5014.6014.2821.30.170.6663.3
includes22.9031.508.608.4133.60.150.6876.0
includes22.9024.001.101.0874.00.080.3093.4
DV17-04721.5535.0013.4513.38284.90.290.96348.1
includes25.5032.957.457.41500.40.391.21580.7
includes25.5026.200.700.704,280.00.520.944,351.7
DV17-048Upper23.9837.2013.2212.26701.80.361.05772.1
includes27.0036.609.608.90878.70.421.19959.6
includes34.0036.602.602.412,355.81.082.912,554.7
includes34.7535.480.730.683,550.00.742.833,730.7
Middle83.00103.5020.5019.60107.11.303.52347.8
includes83.0099.0016.0015.30129.31.653.31373.6
includes89.0092.003.002.87285.46.1310.931,120.5
includes90.9592.001.051.00518.012.859.911,582.9
Lower146.15169.4023.2522.5630.30.121.60119.7
includes159.80165.806.005.8268.80.122.07183.4
includes160.80163.803.002.91102.20.192.62248.4
HoleZoneFromToCoreTrueAgPbZnAg-Eq
(m)(m)LengthWidth(g/t)(%)(%)(g/t)
Central Sector - Holes DV17-057 to 064
DV17-057278.10300.1022.0018.0214.60.070.0721.6
includes296.00298.002.001.64101.30.520.17132.3
includes296.00297.001.000.82170.00.410.08191.2
DV17-058Upper447.70457.559.858.07155.30.090.07162.5
includes447.70450.703.002.46445.50.190.10458.6
includes447.70449.251.551.27783.00.330.17806.0
Tor-North466.10498.4032.3026.46166.60.210.20185.9
includes481.30497.4016.1013.19269.00.300.21292.8
includes489.75497.407.656.27481.10.500.29517.3
includes492.75495.753.002.46905.70.820.27954.3
DV17-063Moose153.20164.2011.007.07394.22.270.46514.2
includes154.20158.204.002.57987.55.900.901,283.8
includes154.20156.202.001.291,700.011.551.462,264.4
Tor-North415.80438.5422.7421.37433.30.740.22476.1
includes427.85438.5410.6910.05852.21.460.30929.4
includes427.85435.007.156.721,180.71.830.261,271.9
includes433.00435.002.001.883,495.05.570.313,746.4

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