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DOUBLEVIEW GOLD (DBLVF) Stock News, Sep-Nov 2024

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Doubleview Gold Corp. reports mineral exploration and development updates centered on precious and base metal projects in North America, particularly British Columbia. The company's news is dominated by the 100%-owned Hat polymetallic porphyry project in northwestern British Columbia, including NI 43-101 technical reports, preliminary economic assessment disclosures, mineral resource estimates, metallurgical recovery work, and exploration results for copper, gold, cobalt, silver, and scandium.

Recurring corporate updates also cover public-company matters such as annual meeting results, auditor changes, financial statement filings and restatements, incentive stock option grants, financing status, and exchange-traded security information for its TSX Venture, OTCQB, and European listings.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) has completed a private placement raising $76,000 through the issuance of 200,000 Units at $0.38 per Unit. Each Unit includes one common share and one purchase warrant. The warrants are exercisable at $0.48 for 6 months, then at $0.55 for 18 months, with early termination provisions. The proceeds will fund exploration work on BC projects, particularly the polymetallic Hat Project, including drilling and analytical services. No finder's fees were paid, and securities are subject to a four-month hold period.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) has announced a non-brokered private placement to raise $76,000 through the issuance of 200,000 Units at $0.38 per Unit. Each Unit includes one common share and one warrant. The warrants are exercisable at $0.48 for 6 months, then at $0.55 for 18 months, with early termination provisions. Proceeds will fund exploration work at the company's BC projects, particularly the polymetallic Hat Project, including drilling, geological advisory, and analytical services.

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Doubleview Gold Corp has completed its 2024 drill season at the Hat polymetallic porphyry project in northwestern British Columbia. The company drilled over 10,000 metres across 18 drill holes, shipping 5,627 core samples. Notable results include drill hole H072 with 686.0m of 0.23% Cu, including high-grade sections up to 7.48% CuEq. The Hat deposit now covers approximately 1.6 x 1.7 kilometers with no boundaries of mineralization encountered. The drilling campaign successfully confirmed the Mineral Resource Estimate's block model and proved mineralization continuity in previously unexplored areas.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) announces the closing of a non-brokered private placement, raising $4,026,999.84 through the issuance of 8,389,583 flow-through shares at $0.48 per share. The proceeds will fund exploration work at the company's wholly owned BC projects: the polymetallic Hat Project and the Copper-Silver-Gold Red Spring Project in northwestern BC. The company will pay $100,000 in finder's fees and issue 256,935 finder's shares at $0.39. All securities will be subject to a four-month and one-day hold period.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) has closed the final tranche of its non-brokered Private Placement, raising $39,830 in non-flow-through funds. The total gross proceeds reached $1,873,100, comprising $1,051,250 in flow-through funds and $821,850 in non-flow-through funds. The company will issue 104,816 units at $0.38 per unit, each including one common share and one purchase warrant. Additionally, Doubleview announced a new non-brokered private placement of flow-through shares at $0.48 per share, aiming to raise up to $4,000,000. Proceeds will fund exploration work, particularly at the Hat Polymetallic Deposit in northwestern BC.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) announces the closing of its second tranche of non-brokered Private Placement, raising $416,300, bringing total gross proceeds to $1,833,270. The company issued 90,182 flow-through units at $0.55 per unit and 965,000 non-flow-through units at $0.38 per unit. The total placement includes 1,911,364 flow-through units and 2,057,947 non-flow-through units. Proceeds will fund exploration work on BC projects, particularly the polymetallic Hat Project, geological services, and working capital. The company will pay $3,705 in finder's fees and issue 9,750 finder's warrants.

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Doubleview (TSXV: DBG) (OTCQB: DBLVF) has announced the first drill results from its 2024 campaign at the Hat polymetallic porphyry in British Columbia. Highlights include:

  • Drill hole H072: 686.0m of 0.23% Cu, 0.16 g/t Au, and 25.7 g/t Sc (0.38% CuEq*)
  • Including 154.0m of 0.66% Cu, 0.46 g/t Au, and 24 g/t Sc (1.07% CuEq*)
  • And 62.0m of 1.12% Cu, 0.79 g/t Au, and 23.9 g/t Sc (1.81% CuEq*)

The drill holes were directed towards untested central areas of the Lisle Zone, validating the existing block model and enhancing confidence in its accuracy. The results support the company's objective of demonstrating continuity and improving geological models for an upcoming enhanced resource estimate.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) has announced an extension for its previously announced non-brokered private placement, aiming to raise up to $4,000,000. The company is offering both flow-through (FT) and non-flow-through (NFT) units. FT Units are priced at $0.55 each, comprising one common share and half a warrant, with full warrants exercisable at $0.65 for 24 months. NFT Units include one common share and a full warrant, exercisable at $0.48 for 6 months, then at $0.55 for 18 months.

Doubleview has already closed the first tranche, raising $1,416,970 through 821,182 FT units and 1,092,947 NFT units. Proceeds will fund exploration work on BC projects, particularly the polymetallic Hat Project, and general corporate purposes. The private placement is subject to TSX Venture Exchange approval, with securities subject to a four-month hold period.

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Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) has announced that its 2024 drilling program at the Hat polymetallic mineral deposit in Northern British Columbia has surpassed 7,500 meters. The company expects to receive the first assay results soon. The drilling aims to expand the mineral resource, infill areas with data, and extend the boundaries of the existing resource envelope.

The Hat deposit contains critical minerals including copper, cobalt, and potentially scandium. The current footprint of the deposit is approximately 1.5km x 1.38km. The company's president & CEO, Farshad Shirvani, highlighted the deposit's growth and its potential uniqueness among British Columbia's mineral deposits.

The press release includes a table of selected drill results from previous years, showcasing significant intersections with copper equivalents. These results, combined with the ongoing drilling program, are expected to further validate the Hat deposit's resource model and increase its dimensions.

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Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) has provided an update on its Hat property drilling campaign in Northwestern British Columbia. The company has drilled over 5,300 meters in 8 drill holes during the 2024 season, focusing on the Lisle Zone. This zone has an initial Mineral Resource Estimate (MRE-V1) of 150 million tonnes indicated and 477 million tonnes inferred at 0.2% copper equivalent cut-off grade. The MRE-V1 includes significant amounts of copper, cobalt, gold, and silver. The current drilling aims to increase data density for a follow-up MRE (MRE-V2). Drill cores show intervals of massive mineralization, which the company believes confirms their geologic and mineralization model.

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FAQ

What is the current stock price of DOUBLEVIEW GOLD (DBLVF)?

DOUBLEVIEW GOLD (DBLVF) last closed at $1.07.

What is the market cap of DOUBLEVIEW GOLD (DBLVF)?

The market cap of DOUBLEVIEW GOLD (DBLVF) is approximately $251.9M.