Dolly Varden Intercepts 13.22 Metres Grading 772 g/t Silver-Equivalent, Including 2.60 Metres Grading 2,555 g/t, in the Dolly Varden Deposit Area of the Golden Triangle, Northwestern British Columbia

Dolly Varden Silver (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce results from five more holes from the 2017 program on the Dolly Varden Silver Project in the Golden Triangle of northwestern British Columbia. Holes DV17-044 to 048 were drilled from the north side of the Dolly Varden Deposit Area, which is one of four deposits and over 50 exploration targets on the property.

Hole DV17-048 – Upper Zone yielded a core length of 13.22 metres (12.26 m true thickness) grading Ag 701.8 g/t, Pb 0.36 % and Zn 1.05 % for a silver-equivalent of 772.1 g/t. Within this Upper Zone interval is 2.60 metres (2.41 m true thickness) grading Ag 2,355.8 g/t, Pb 1.08 % and Zn 2.91 % for a silver-equivalent of 2,554.7 g/t.