2014-04-29

Dolly Varden Silver Corporation (TSX VENTURE: DV)(OTCBB: DOLLF) ("Dolly Varden" or the "Company") is pleased to announce that the Company's new geochemical model indicates a very large potassic alteration zone and a series of other geochemical anomalies that are congruent with other structural and geophysical modeling and targeting observations at the Dolly Varden property in Northwestern, BC. The results of the integrated application of these geotechnical disciplines will be discussed in this and the series of news releases to follow. This work has allowed the Company to focus on and refine key targets, such as Red Point, and further develop the other targets that will be part of the proposed 2014 drilling and work program.

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