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Dolly Varden Silver Acquires Hecla Mining’s Kinskuch Property For $5 Million In Stock

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The acquisition of the Kinskuch property from Hecla will triple the total strike length of favorable Jurassic-age Hazelton-group volcanic rocks and associated “Red Line” by adding the Illiance trend to the Kitsault Valley trend.

Canada, 8th May 2025 – Sponsored content disseminated on behalf of Dolly Varden Silver. On May 5, 2025 Dolly Varden Silver (TSXV:DV) (OTC:DOLLF) (FSE: DVQ1) announced that is has signed a definitive agreement to acquire 100% of Hecla Mining Company’s Kinskuch property in northwest BC’s Golden Triangle.

The acquisition of the Kinskuch property will increase Dolly Varden’s tenure area by 400% to consolidate a district scale, contiguous claim package that includes the Kitsault Valley, Big Bulk and Kinskuch projects.

The consolidated land package will be about 77,000 hectares, which is 225 X bigger than New York City’s Central park. 

The Kinskuch acquisition allows Dolly Varden Silver (an explorer) and Hecla Mining (a producer) to focus on their respective core strengths.

Hecla has a market cap of USD $3.03 billion.  According to Hecla’s SEC Year-end Financial Filings, in 2024 it delivered 16.2 million ounces of silver, 141,923 ounces of gold, generating record sales of $929 million.

Hecla’s 2024 Capital Expenditures on existing mines (Greens Creek, Lucky Friday, Casa Berardi, Keno Hill) totaled $214.5 million.

Hecla has ten exploration projects on the books in the USA, Canada and Mexico.  The company’s total 2024 exploration and pre-development spend was $27.3 million, less than 1% of its market cap.

Dolly Varden has a market cap of CND of $291 million. The company does not have an operating mine, therefore does not generate metal sales.

According to DV’s 2024 consolidated financial statements, DV spent $9.8 million on drilling, $1.6 million on geoscience and $1.1 million on sample analytics.

Its total 2024 exploration spend was $17.8 million, about 6% of its market cap.

HL is a producer first. DV is an explorer first.

“Consolidating Dolly Varden’s Kitsault Valley Project with our major shareholder Hecla’s large and underexplored claims covering prospective Hazelton Group rocks will allow for more efficient exploration and enable us to unlock value on our path to be a premier precious metals company.” stated Shawn Khunkhun, President and CEO of Dolly Varden.

“Additionally, we welcome Hecla’s increased share ownership in our Company,” added Khunkhun.

Kinskuch Acquisition Deal Highlights:

  • DV to issue Hecla 1,351,963 shares of DV worth $5 million.
  • Hecla retains 2% net smelter return royalty (NSR) on the Kinskuch property.
  • NSR will include a 50% buyback right, for $5 million, allowing DV to reduce the royalty to 1% at any time.
  • Hecla maintains a designated position on DV’s Technical Committee.
  • DV and Hecla will collaborate to unlock the potential of the underexplored areas.

“We will be using our structural and lithological framework model developed at the Kitsault Valley Trend that has led our team to significant discoveries such as the Wolf Vein and applying them to exploration of the Illiance Trend,” states Rob van Egmond, VP Exploration for Dolly Varden.

“Hecla was successful in identifying a subparallel trend of silver-rich mineralization, located to the east of our significant silver and gold deposits,” added van Egmond.

The acquisition of the Kinskuch property from Hecla will triple the total strike length of favorable Jurassic-age Hazelton-group volcanic rocks and associated “Red Line” by adding the Illiance trend to the Kitsault Valley trend.

In the May 7, 2025 “Explainer Video” below, van Egmond outlines the exploration history and potential of the new land package.

“Hecla is giving us the rights to explore that land,” stated van Egmond in the video. “We are now the owners, but they still maintain ownership because it is an equity deal.”

“They’ve increased their percentage ownership in Dolly Varden. Indirectly, they still are part owners of that land. They trust us to do the exploration work and unlock the value.”

Both the Kitsault Valley and the Illiance trends are interpreted to be part of a district scale, sub-basin of the Eskay Rift period. The Illiance trend has seen little modern exploration work, limited to localized diamond drilling by Hecla on the three kilometer long, north-south trending Illy epithermal system.

Also included within the acquisition area is the past-producing Esperanza Mine (1910), interpreted as quartz-carbonate veins with similar silver grades to the historic Dolly Varden Mine (1920) hosted in Upper Hazelton sedimentary rocks. 

According to a BC government database of historical deposits, “The Esperanza mine produced high-grade, hand-sorted silver ore sporadically between 1911 and 1948. In total, 4662 tonnes of ore with an average grade of 1.77 grams per tonne gold, 983.9 grams per tonne silver were mined”.

The southwestern portion of the acquired claims covers Hazelton Group rocks that trend to within seven kilometers of Goliath Resources’ recently discovered Surebet Zone gold mineralization. 

The area south of Big Bulk has the potential to host additional gold-copper porphyry systems along the south trend towards the Kitsault molybdenum porphyry deposit, which is being actively advanced by Newmoly llc.

The Kinskuch property is covered by a recently renewed five-year Exploration Permit on both Nisga’a and Gitanyow Traditional Lands.

 

“Hecla didn’t walk away from Kinskuch—you could say they traded up, by handing over the property to Dolly Varden in exchange for shares, a royalty, and retaining a board seat,” wrote Jeff Valks, Senior Analyst at The Gold Advisor on May 5, 2025.

“Hecla keeps a stake in any upside without spending a dime on drills—it’s not a core property for them and they want Dolly Varden to drill it.”

The Kinskuch property acquisition is subject to TSX Venture Exchange and NYSE America approvals. It is expected to close in mid-May.

On May 7, 2025, Dolly Varden announced plans for the fully funded 2025 exploration drilling program at its 100% owned Kitsault Valley Project. A minimum planned 35,000 meters of diamond drilling will build on the success of the 2024 program.

Rob van Egmond, P.Geo., Vice-President Exploration for Dolly Varden Silver, the “Qualified Person” as defined by NI43-101 has reviewed, validated and approved the scientific and technical information contained in this GSN release.

Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. Our publications should be used as a starting point for additional research and “due diligence”. GSN publications contain “forward-looking statements” such as “may,” “anticipate,” “expect,” “project,” “intend,” “plan,” “believe,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

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Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

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Country:Canada

Release id:27483

The post Dolly Varden Silver Acquires Hecla Mining’s Kinskuch Property For $5 Million In Stock appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

HALOBLK Launches the Worlds First Tesla Wheel Covers Enhancing Range and Personalization

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Irvine, CA, United State, 15th Oct 2025 – HALOBLK today announced the launch of the HALODISC 2 Wheel Covers for Tesla | Custom Numbers, a next- generation wheel cover designed specifically for Tesla vehicles.Combining aerodynamics proven by thousands of Tesla drivers with advanced safety features, the new line marks the next stage in wheel cover evolution-blending engineering efficiency with personal expression.

Engineering Foundation

At its core, the HALODISC 2 delivers aerodynamic gains without compromising structural safety. Internal road simulations and owner feedback confirm that, compared with OEM wheels, HALODISC 2 can boost driving range by up to 10%, thanks to optimized airflow and reduced turbulence around the wheel surface.

Its center-lock system, inspired by 1920s Rudge-Whitworth racing technology, has been redesigned for everyday use. The mechanism ensures stability across varying road conditions, while allowing owners to install or remove covers in under 30 seconds using a dedicated tool. The full-coverage design protects OEM wheels from scratches and curb rash, while the integrated anti-theft mechanism prevents unauthorized removal.

Number Customization

The HALODISC 2 Custom Numbers is built around one idea: “Your Number. Your Story”.

Owners can select any number from 00 to 99, each styled with visual DNA drawn from racing numerals, NASA mission codes, and industrial nameplates. The result is bold, high-contrast designs with instant recognition.

Every number carries meaning. Examples include a birth year, a favorite team number, or a personal milestone such as an anniversary. The concept allows drivers to integrate meaningful references into a visible part of their vehicle, combining personalization with functional design.

Market Context

For more than a century, wheel covers have been defined primarily by function. In the 1920s, center-lock systems helped racers cut pit-stop times. By the 1930s, luxury sedans showcased chrome hubcaps as status symbols. More recently, Tesla’s Cybercab concept highlighted sealed aero wheels for durability and efficiency in autonomous driving.

The HALODISC 2 Custom Numbers carries this legacy forward—delivering aerodynamic and safety benefits while making personalization part of the value system. The designs are intended to provide clear visual distinction, which may be especially noticeable in community events or group settings. It transforms the wheel cover from a purely functional part into a symbol that connects technology with personal expression.

Official Statement

“The HALODISC 2 Custom Numbers not only retains the aerodynamic and structural strengths of our wheel covers, but also gives owners a way to weave personal memories and identity into everyday driving,” said Scott Z., Founder of HALOBLK. “This is the evolution of the wheel cover—from a purely functional component into a cultural and personal symbol.”

Availability

The HALODISC 2 Custom Numbers is compatible with Tesla Model 3, Model 3 Highland,Model Y,Model Y Juniper,Model S, and Model X, across more than 20 OEM wheel sizes. Full fitment details and installation guides are now available at haloblk.com.

About HALOBLK Innovation Inc.

Based in Irvine, California, HALOBLK Innovation Inc. specializes in Tesla-compatible wheel cover systems and interior/exterior accessories. Its flagship HALODISC lineup integrates aerodynamic efficiency, structural safety, and modular customization—serving the evolving needs of Tesla owners worldwide.

Media Contact

Organization: Haloblk Innovation Inc.

Contact Person: Cesar Ng

Website: https://www.haloblk.com

Email:
cesar@haloblk.com

City: Irvine

State: CA

Country:United States

Release id:35284

The post HALOBLK Launches the Worlds First Tesla Wheel Covers Enhancing Range and Personalization appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Loanledger Officially Launches AI-Driven Investment Platform

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Melbourne, Victoria, Australia, 15th Oct 2025– Loanledger today announced the official launch of its AI-powered investment platform, marking a major milestone in its mission to make advanced digital asset strategies accessible to investors worldwide. Founded in 2025 and headquartered in Melbourne with an operational office in London, Loanledger combines cutting-edge artificial intelligence with professional trading expertise to deliver a seamless investment experience.

The platform is now live, enabling investors to participate directly in Loanledger’s hybrid model: proprietary AI software performs real-time arbitrage between multiple cryptocurrency exchanges, while the company’s in-house trading team manages larger and longer-term strategies. Together, these dual pillars provide investors with diversified exposure, data-driven risk management, and opportunities for consistent returns.

“Our launch today is the result of years of development, innovation, and preparation,” said William Carter, CEO of Loanledger. “With Loanledger, we are not just offering another investment option – we are opening the door for individuals to benefit from institutional-grade strategies powered by AI. This is about transforming how people invest in digital assets and building long-term trust through transparency and performance.”

Loanledger’s AI system is designed to continuously adapt to changing market conditions through machine learning, refining strategies over time. By removing the influence of human emotions from decision-making and combining automation with expert oversight, the platform creates a balanced and resilient investment approach.

The official launch also marks the beginning of Loanledger’s expansion strategy. With its headquarters in Melbourne and growing operations in London, the company plans to expand its global investor base, strengthen partnerships, and roll out additional features to enhance accessibility and transparency.

Conclusion

The official launch of Loanledger’s platform signals a new era in digital asset investing. By merging the precision of AI with the insight of professional traders, Loanledger offers investors a unique opportunity to access strategies that were once reserved for institutions. With innovation, trust, and performance at its core, Loanledger is poised to redefine the future of investment in the digital economy.

About Loanledger

Founded in 2025, Loanledger is an AI-driven investment company headquartered in Melbourne, Australia, with an operational office in London. The platform allows investors to access advanced trading strategies powered by proprietary AI technology and managed by a team of professional traders. Loanledger’s mission is to deliver profitable, transparent, and accessible investment opportunities in the evolving world of digital finance.

Media Contact

Organization: LOANLEDGER AI SYSTEMS PTY LTD

Contact Person: Nigel Aarden

Website: https://loanledger.io/

Email: Send Email

Address:530 Collins Street, MELBOURNE VIC 3000

City: MELBOURNE

State: Victoria

Country:Australia

Release id:35448

Disclaimer: This announcement is for informational purposes only and does not constitute financial, investment, or legal advice. Individuals should conduct their own research and consult a qualified advisor before making any financial decisions.

The post Loanledger Officially Launches AI-Driven Investment Platform appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Oberheiden Law Group is Now Accepting Catastrophic Injury Cases Throughout Texas

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United States, 15th Oct 2025 – Oberheiden Law Group, a litigation law firm headquartered in Houston, is now accepting catastrophic injury cases throughout Texas. This announcement comes as the firm is also expanding the scope of its injury practice to include aviation, railroad, and industrial accidents. According to founding attorney Nick Oberheiden, PhD, “With the growth our firm has experienced recently, it is a natural next step for our lawyers to begin representing serious accident victims statewide.”

The firm will now be handling cases involving serious accidents across Texas, from aviation and railroad accidents near Houston to fires and explosions in the West Texas oilfields. “We are prepared to represent victims after all types of catastrophic accidents,” says Dr. Oberheiden. “Our lawyers have the experience required to handle these cases; and, as our track record shows, we are committed to securing the justice our clients deserve.”

Dr. Oberheiden also says that the firm’s statewide catastrophic injury practice will be led by high-profile trial lawyer James Bell. Mr. Bell is most well-known for securing one of the 10 largest plaintiffs’ verdicts in United States history. He has secured numerous other significant settlements and verdicts for his clients as well; and, as the leader of Oberheiden Law Group’s statewide catastrophic injury practice, he will be working to help the firm’s clients secure full compensation for their injury-related losses.

“While most people know of James Bell because of his record-setting success, I know James as a passionate and relentless advocate for his clients. Working alongside our firm’s other highly skilled injury lawyers, I have no doubt that he will play an important role in many of our clients’ lives going forward.”

Although Dr. Oberheiden is confident in his firm’s capabilities, he is quick to point out that no law firm can guarantee success.

According to Dr. Oberheiden, the firm will be considering all catastrophic injury cases for possible representation. “If you have suffered a catastrophic, life-altering injury in an accident in Texas, we want to hear from you. No matter what happened, we can explain your legal rights; and, if you are entitled to financial compensation, we are prepared to use our experience and resources to fight for the compensation you deserve.”

Media Contact

Organization: Oberheiden Law Group PLLC

Contact Person: Nick Oberheiden

Website: https://federal-lawyer.com/injury-lawsuit/depo-provera/

Email: Send Email

Contact Number: +18886801745

Country:United States

Release id:35444

The post Oberheiden Law Group is Now Accepting Catastrophic Injury Cases Throughout Texas appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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