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Title: Dolly Varden Silver Proposes Merger with Alaska Gold Producer

Canada, 11th Dec 2025 – Global Stocks News - Sponsored content disseminated on behalf of Dolly Varden Silver. On December 8, 2025 Dolly Varden Silver (TSX-V: DV) (NYSE MKT: DVS) (FSE: DVQ) announced a proposed merger with Alaska-based Contango ORE.Dolly Varden Silver has secured 100,000 hectares of prospective land containing five past-producing silver mines. In the last five years, the company has grown from a $20 million valuation to about C$560 million.This growth stems from two strategic pillars: aggressive drilling programs totalling 196,000 meters that have unlocked substantial silver inventory, and accretive acquisitions executed primarily through share transactions to preserve cash.In the last few years, the company has hit significant gold intercepts. DV’s metal value is now approximately a 50/50 split between silver and gold.Contango is a NYSE American-listed company that explores for and produces gold and associated minerals in Alaska.Contango holds a 30% interest in the Manh Choh Gold Project in Alaska, which produced 173,400 gold ounces for the first nine months of 2025 (52,020 gold ounces attributable to Contango) at an all-in sustaining cost (AISC) of US$1,505 per ounce.Cash distributions to Contango for the first nine months of 2025 totalled US$87 million (C$120 million).In Alaska, Contango and its subsidiaries also have a lease on the Johnson Tract project, the Lucky Shot project, 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims, and a 100% interest in approximately 145,000 acres of State of Alaska mining claims, giving Contango the exclusive right to explore and develop minerals on these lands.“Dolly Varden Silver is planning to merge with Contango Ore—forming Contango Silver & Gold, a new high-...

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