Core Viewpoint - Dolly Varden Silver has expanded its drilling program from 35,000 meters to 55,000 meters, reflecting strong shareholder support and a successful start to the exploration season, aimed at testing key targets and expanding the high-grade silver zone at the Wolf Vein [1][2]. Company Developments - The company has completed a year of aggressive drilling, growth, and acquisitions, increasing its land package from 7,000 hectares to 100,000 hectares, a 1,400% increase, and boosting its market capitalization from $20 million to $440 million, a 2,200% increase [3]. - Dolly Varden Silver has drilled 141,000 meters over five years, consistently hitting high-grade silver and gold [3]. - The company is strategically using its shares for acquisitions, preserving cash while acquiring assets from companies that are not in strong positions [4]. Drilling Strategy - The drilling will prioritize the Wolf vein extension, with systematic step-outs and infill drilling, while also testing multiple silver, gold, and copper targets at the Kitsault Valley and Big Bulk Projects [7][8]. - A fifth drill rig has been mobilized to enhance drilling efforts, and the company is employing directional drilling to reduce total meters drilled while maintaining the number of mineralized intercepts [11][12]. - The estimated 55,000 meters of drilling includes re-drilled mother hole lengths, with actual new core expected to be around 41,000 meters [12]. Geological Exploration - The company is intensifying geological fieldwork, including mapping and sampling of underexplored areas within its consolidated claim packages, which will help develop drill targets for future exploration programs in late 2025 and 2026 [15]. - The Big Bulk porphyry system is being drilled for the first time, with three drill holes planned to test a large resistivity and chargeability anomaly at depth [9].