Dolly Varden Silver Corporation announced that the Board has appointed Rosie Moore as interim CEO & President of the Company effective immediately. Ms. Moore is being seconded, on a full-time basis, from her position as a consultant with Hecla Mining Company. Ms. Moore is a consulting geologist and analyst.

Prior to her work for Hecla, she was a partner/analyst with Geologic Resource Funds. She was formerly a director of Continental Gold Ltd. and was CEO and a director of Geoinformatics Exploration Inc., managing its take-over of Rimfire Minerals Corporation to yield Kiska Metals Corporation. To allow for Ms. Moore's appointment, the company's former CEO & President, George Heard, has resigned.

Mr. Heard has also stepped off of the company's board. In addition, John King Burns has returned from a leave of absence and will serve as Co-Chairman of the Board with Allan Marter. Both serve on a non-executive basis.

As CEO & President of the company, Ms. Moore will no longer serve as Hecla's nominee to Dolly Varden's board. Under Hecla's Ancillary Rights Agreement with the company, Hecla will be entitled to nominate another representative to the board.