Core Viewpoint - Dolly Varden Silver Corporation has successfully completed the acquisition of the Kinskuch Property, significantly expanding its Kitsault Valley Project in British Columbia's Golden Triangle, which is rich in silver, gold, and copper mineralization [1][2]. Acquisition Details - The Kinskuch Property was acquired from Hecla Mining Company for a total consideration of $5 million, satisfied through the issuance of 1,351,963 common shares [2]. - Hecla will retain a 2% net smelter return royalty on the Kinskuch Property, with a provision for Dolly Varden to buy back 50% of the royalty for $5 million [2]. - Hecla will also maintain a position on Dolly Varden's Technical Committee to assist in exploring the potential of the newly acquired property [2]. Property Overview - The Kinskuch Property is contiguous to the east and south of the Kitsault Valley Project, increasing the project size to approximately 77,000 hectares [1][3]. - The acquisition triples the total strike length of favorable Jurassic age Hazelton-group volcanic rocks, adding the Illiance trend to the Kitsault Valley trend [3]. - The Illiance trend has seen limited modern exploration, primarily localized diamond drilling by Hecla [3]. Historical Context - The acquisition area includes the past-producing Esperanza Mine, which operated in 1910 and is interpreted to have similar silver grades to the historic Dolly Varden Mine [4]. - The Esperanza Mine is located along the Kitsault Valley access road, just two kilometers north of Dolly Varden's camp [4]. Geological Potential - The southwestern portion of the Kinskuch Property covers Hazelton Group rocks that are within seven kilometers of Goliath Resources Limited's Surebet Zone gold mineralization [5]. - The area has the potential to host additional gold-copper porphyry systems, particularly towards the Kitsault molybdenum porphyry deposit [5]. Company Background - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes the Dolly Varden Property, Homestake Ridge Property, and Kinskuch Property [12]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for hosting further precious metal deposits [12].

Core Viewpoint - U.S. GoldMining Inc. has provided an update on the exploration results for the Whistler Gold-Copper Project, highlighting significant potential for further discoveries and resource development in Alaska [1][4]. Exploration and Resource Potential - The Whistler Project contains three mineral systems: Whistler - Raintree, Island Mountain, and Muddy Creek, with existing deposits and numerous undrilled targets identified [2][5]. - The current mineral resource estimate includes 294 million tonnes (Mt) at 0.68 grams per tonne (g/t) gold equivalent (AuEq) for 6.48 million ounces (Moz) AuEq indicated, and 198 Mt at 0.65 g/t AuEq for 4.16 Moz AuEq inferred [8]. - The existing deposits occupy only approximately 1% of the Company's land holdings, indicating broader exploration potential across the 53,700 acres of State mining claims [3][5]. Infrastructure and Economic Assessment - The Whistler Project is strategically located near major infrastructure and is expected to benefit from the planned West Susitna Access Road, enhancing its economic viability [4]. - An initial economic assessment has been launched for the known gold-copper deposits, with exploration programs designed to run concurrently to maximize the project's potential [5][6]. Geological Analysis and Future Plans - Geological analysis indicates significant potential for further discoveries based on previous drilling campaigns and ongoing exploration efforts [4][6]. - The Company is prioritizing numerous targets across the identified mineral systems and plans to develop phased exploration programs starting in the summer [5][6]. Recent Discoveries - Notable drill results include the longest intercept of consistent mineralization at the Whistler Deposit, measuring 652.5 meters at 0.73 g/t Au, and a new discovery near Raintree West of 138.0 meters at 0.99 g/t AuEq [11].

Core Insights - Triumph Gold Corp. has discovered a new silver-gold vein system named the Proton Zone at its Freegold Mountain Project in Yukon, Canada, located 1.3 km northeast of the Nucleus Deposit and 2.75 km northwest of the Revenue Deposit [1][2] Summary by Sections Discovery Details - The Proton Zone was found in fresh bedrock exposed by placer mining at Mechanic Creek, covering an area of approximately 15 x 15 meters and situated over 300 meters from the nearest historic sampling or drill hole [2] - The mineralization consists of shear-hosted quartz-sulfide veins with a geochemical signature similar to the nearby Nucleus deposit, hosted in granodiorite akin to the Revenue deposit [2] Sampling Highlights - Assay results from the Proton Zone include: - Grab sample C959829: 0.50 g/t Au, 1.26 g/t Ag, 153 ppm Cu, >9,000 ppm As, 94.4 ppm Sb, 8.57 ppm Bi - Grab sample C959830: 1.68 g/t Au, 8.99 g/t Ag, 212 ppm Cu, >10,000 ppm As, 153 ppm Sb, 68.3 ppm Bi - Chip sample C959831 (30 cm): 5.95 g/t Au, 7.17 g/t Ag, 161 ppm Cu, >10,000 ppm As, 38.8 ppm Sb, 49.6 ppm Bi [3][7] Geochemical Context - Other high-grade vein zones sampled along Mechanic Creek include the Drone Zone, which returned up to 450 g/t gold and 19 g/t silver, and another zone 600 meters south of the Proton Zone with values up to 6.58 g/t gold and 13.6 g/t silver [3][4] - The geochemistry of these zones indicates a potential link to the Revenue porphyry mineralizing event, which is similar in style to the Casino deposit within the Tintina Gold Belt [4] Exploration Potential - Triumph Gold's VP of Exploration, Jesse Halle, emphasized the significant growth potential of the Revenue and Nucleus deposits, noting the emergence of a new mineralized trend [9] - The Nucleus deposit has a 2020 resource estimate of 31 million tonnes grading 0.65 g/t gold, 0.07% copper, and 0.7 g/t silver indicated, with inferred resources of 9.4 million tonnes grading 0.56 g/t gold, 0.04% copper, and 0.7 g/t silver [16] Company Overview - Triumph Gold is a Canadian-based exploration and development company focused on advancing its Freegold Mountain Project, which spans 200 square kilometers and includes three NI 43-101 mineral deposits: Nucleus, Revenue, and Tinta Hill [30][31]