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Dolly Varden Silver (TSXV: DV) is advancing its high-grade Kitsault Valley project in British Columbia’s Golden Triangle while preparing for a merger with Contango Ore that would combine silver exploration assets with producing gold operations in Alaska. Speaking with Kitco Mining at PDAC 2026, President and CEO Shawn Khunkhun said the transaction would add production cash flow and development expertise to Dolly Varden’s growing silver district. “Dolly Varden, through this merger, is buying gold production cash flow,” he said. Over the past six years, the company has raised $185 million, consolidated multiple past-producing mines across a 100,000-hectare land package, and completed about 200,000 meters of drilling. The Kitsault Valley project currently hosts 64 Moz of silver at roughly 300 g/t along with about 1 Moz of high-grade gold, with a new resource estimate expected in May 2026. “We’ve got 64 million ounces of silver at roughly 300 grams per ton complemented by a million ounces of high-grade gold,” Khunkhun said, highlighting the scale of the district as the company advances exploration and evaluates a future development path.