Doubleview Gold Stock Price, News & Analysis

Doubleview Gold Corp. (DBLVF) is a mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. The company is publicly traded on the TSX Venture Exchange under the symbol TSXV: DBG, on the OTCQB under DBLVF, and on the Frankfurt Stock Exchange under 1D4 (WKN: A1W038/LA1W038). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia.

According to its public disclosures, Doubleview concentrates on high-quality projects that host gold, copper, cobalt, scandium, and silver, which it describes collectively as critical minerals. The company states that it aims to enhance shareholder value through the acquisition and exploration of these projects, utilizing advanced exploration techniques to evaluate and expand mineral resources.

Hat Polymetallic Deposit and Project Focus

Doubleview’s flagship asset is the Hat Polymetallic Deposit, a large alkalic porphyry system located in northwestern British Columbia, in what the company refers to as the Golden Triangle. Public information describes the Hat Deposit as a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium, along with silver. The deposit has been advanced through multiple exploration campaigns, drill programs, geophysical and geochemical surveys, and metallurgical test work.

The Hat Deposit has an open-pit model mineral resource based on a 0.2% CuEq cut-off, as summarized in the company’s July 25, 2024 mineral resource estimate (MRE) and repeated in later news releases. The resource includes both indicated and inferred categories for copper equivalent, copper, cobalt, gold, and silver. Doubleview also discloses a scandium exploration target at the Hat Deposit, estimated at 300 to 500 million tonnes at an average grade of approximately 40 ppm (0.004%) Sc₂O₃. The company emphasizes that this scandium quantity and grade are conceptual in nature, that there has been insufficient exploration to define a mineral resource, and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Critical Metals and Scandium Potential

In its public communications, Doubleview highlights the Hat Project as a critical and strategic metals deposit. The company notes that the Hat hosts a large copper-gold-cobalt-scandium porphyry system and describes scandium as an important component of the deposit. It states that the Hat Project’s scandium potential represents one of the world’s larger undeveloped scandium opportunities, with scandium hosted within a large-scale alkalic porphyry system.

Doubleview reports that it has undertaken a multi-year, scandium-focused metallurgical test program. Results disclosed in its news releases indicate that the company has achieved positive pre-optimization outcomes for scandium recovery from copper porphyry flotation tailings at the Hat Deposit. The company reports that this work has demonstrated the technical viability of recovering high-purity scandium oxide (Sc₂O₃) alongside copper, gold, cobalt, and other metals from Hat mineralization.

Metallurgical Test Work and Recoveries

According to Doubleview’s published metallurgical data, a two-year test program has generated key recovery figures for several metals at the Hat Deposit. The company reports overall metallurgical recoveries for copper, gold, silver, cobalt, and scandium, and notes that this information supports an updated mineral resource estimate and a preliminary economic assessment for the project. It also discloses that earlier test work, conducted at SGS Canada Inc., demonstrated that scandium could be extracted from copper flotation tailings and subsequently recovered to a high-purity di-scandium tri-oxide product.

Doubleview states that future metallurgical work is expected to include advanced test programs, potential pilot plant testing, and further optimization to refine process recoveries and product purity. These activities are described as supporting planned technical studies such as prefeasibility and feasibility-level evaluations for the Hat Project.

Exploration Activity and Drilling at Hat

Doubleview reports extensive drilling at the Hat Polymetallic Project. The company describes multiple drill campaigns, including what it characterizes as the largest drilling season at the project, with more than 13,000 metres of diamond drilling completed in a single year across numerous drill holes. Public results indicate that drilling has intersected broad intervals of copper-gold-cobalt-scandium mineralization and that mineralization remains open at depth and laterally.

Recent drill results released by the company include long mineralized intervals with copper equivalent grades, as well as higher-grade sub-intervals. Doubleview reports that step-out drilling has extended mineralization beyond earlier conceptual pit outlines, expanded the mineralized footprint vertically and laterally, and identified deeper mineralized horizons beneath prior conceptual open-pit shells. The company states that these results support an expanded mineralization envelope and contribute to updates of its mineral resource estimate and preliminary economic assessment.

Corporate Focus and Capital Markets

Doubleview describes itself as focused on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company has disclosed several non-brokered private placements of flow-through units, with proceeds directed primarily to exploration work on its British Columbia projects, particularly the Hat Project, and to general working capital. These financings involve flow-through shares and warrants structured in accordance with Canadian income tax legislation and TSX Venture Exchange policies.

The company’s disclosures emphasize the role of long-term shareholders, supporters, and institutional investors in advancing its exploration and development programs. Doubleview repeatedly notes that ongoing support from these stakeholders has been important for the progress of the Hat Project and for the company’s broader strategic objectives in the critical minerals sector.

Geographic and Sector Context

Doubleview operates in the Mining, Quarrying, and Oil and Gas Extraction sector and is associated with the dimension stone mining and quarrying industry classification provided in the input data. Its principal exploration focus, as described in its own news releases, is on polymetallic porphyry systems in British Columbia, Canada, with the Hat Deposit in northwestern British Columbia serving as its flagship project.

Through its exploration and metallurgical work, Doubleview positions the Hat Deposit as a source of copper, gold, cobalt, silver, and scandium. The company also notes that cobalt at Hat occurs as a by-product metal associated with copper and pyrite mineralization and that metallurgical test work indicates cobalt can be liberated into a pyrite concentrate suitable for further processing.

Project Stage and Technical Reporting

Doubleview’s public statements indicate that the Hat Project has an initial mineral resource estimate supported by a NI 43-101 Technical Report filed on SEDAR+. The company reports that an updated mineral resource estimate and a preliminary economic assessment are in progress, with metallurgical, geological, and drilling data being integrated into these technical studies. It also notes that certain aspects of the resource, such as scandium potential, remain conceptual and subject to further exploration and evaluation.

Technical information disclosed by Doubleview is reported as having been reviewed by qualified persons under National Instrument 43-101, including consulting geologists and metallurgical engineers who meet the relevant professional standards. These qualified persons are identified in the company’s news releases as responsible for reviewing and approving the technical content related to geology, resources, and metallurgical studies at the Hat Project.

Summary

In summary, Doubleview Gold Corp. is a publicly traded Canadian mineral exploration and development company headquartered in Vancouver, British Columbia. It focuses on precious and base metal projects across North America, with a strong emphasis on British Columbia and on critical minerals such as copper, gold, cobalt, scandium, and silver. The company’s flagship Hat Polymetallic Deposit in northwestern British Columbia is described as a large alkalic porphyry system with major copper, gold, cobalt, and scandium potential, supported by a published mineral resource estimate, ongoing drilling, and metallurgical programs aimed at advancing the project through successive technical and economic evaluations.