Doubleview Gold: Progress Update on the Hat Property and Drilling at Lisle Zone

Doubleview Gold is making progress, in its exploration work at the Hat Property specifically targeting the potential Lisle Zone. Through a drilling program the company plans to improve its mineral resource assessments and get ready for upcoming development projects.

Table of Contents

• Introduction to Doubleview Gold
• Overview of the Hat Property
• CEO’s Insights from Beaver Creek Conference
• Drilling Campaign Progress
• Targets of the Current Drilling
• Continuing Drilling Operations
• Upcoming Mineral Resource Update
• Preparation for Preliminary Economic Assessment (PEA)
• Interest in Scandium Potential
• Future Prospects and Communication
• Frequently Asked Questions

Introduction to Doubleview Gold

Doubleview Gold, a company in the exploration industry is dedicated to progressing its Hat Property. Their strategic efforts are geared towards tapping into the mineral resources, especially gold and copper. Through a solid exploration plan and a focus on sustainability Doubleview Gold is well positioned to impact the mining field.

Overview of the Hat Property

The Hat Property is situated in an area abundant in mineral resources making it an attractive site for exploration. With a track record of drilling and resource discovery this property has garnered significant attention from both investors and industry players. The geological features of the Hat Property indicate a likelihood of additional resource development.

Key Features of the Hat Property

• Location: Strategically situated in a mineral-rich area.
• Resource Estimates: Current estimates indicate approximately 3.2 million ounces of gold and 2.7 billion pounds of copper.
• Geological Potential: The presence of porphyry mineralization enhances the likelihood of discovering additional resources.

CEO’s Insights from Beaver Creek Conference

During the Beaver Creek Conference, CEO Farshad Shirvani discussed the advancements and upcoming strategies of Doubleview Gold. The event provided an opportunity to connect with investors and stakeholders highlighting the companys successes and aspirations.

Highlights from the Conference

• Engagement with major funds expressing interest in Doubleview Gold.
• Discussion of the company’s ongoing drilling initiatives at the Hat Property.
• Positive feedback regarding the potential of scandium resources associated with the project.

Drilling Campaign Progress

The drilling program, at the Hat Property has proven to be highly successful with more than 5,000 meters of drilling accomplished so far. The objective of this program is to deepen the knowledge about the deposit and increase the current resource estimates.

Drilling Achievements

• Continuous drilling has yielded positive results, with significant mineralization encountered in every hole.
• The drilling program is designed to extend the known porphyry and improve resource delineation.
• Efficient use of resources has enabled the company to achieve its goals within a constrained budget.

Targets of the Current Drilling

The ongoing drilling activities are strategically aimed at increasing the resource potential in the Lisle Zone of the Hat Property. The key focus areas involve not gold and copper but also the exploration of possible scandium reserves.

Specific Objectives

• Increase the resource estimates beyond the current 3.2 million ounces of gold.
• Identify additional copper resources to complement existing estimates.
• Explore the potential for scandium extraction, which has garnered interest from U.S. government departments.

Continuing Drilling Operations

Currently drilling activities are taking place with plans to move to areas within the Hat Property soon. This adaptability in operations enables Doubleview Gold to optimize its exploration opportunities and make the most out of geological formations.

Future Plans

• Continued drilling to refine resource estimates and enhance recovery techniques.
• Regular updates on assay results and geological findings expected in the coming weeks.
• Preparation for a Preliminary Economic Assessment (PEA) and subsequent Pre-Feasibility Study (PFS) to evaluate project viability.

Doubleview Gold is dedicated to keeping things transparent and promises to share updates whenever fresh information comes in. Investors can anticipate progress, as the company moves forward with its exciting exploration plans.

Upcoming Mineral Resource Update

Doubleview Gold is nearing a milestone, with an update on its mineral resources. This update is expected to showcase the progress from the drilling campaign, which has surpassed 5,000 meters.

The upcoming resource assessment will include information, from tests and geological discoveries offering a more accurate understanding of the gold and copper reserves at the Hat Property. Shareholders should anticipate this announcement in 2025, as a significant milestone for the company.

Importance of the Update

• Enhanced Resource Estimates: The update aims to refine the current estimates of 3.2 million ounces of gold and 2.7 billion pounds of copper.
• Impact on Valuation: A positive update can significantly influence the company’s market valuation and investor interest.
• Strategic Direction: The update will inform future exploration and development strategies at the Hat Property.

Preparation for Preliminary Economic Assessment (PEA)

Doubleview Gold is gearing up for a Preliminary Economic Assessment (PEA) as part of its plan. This assessment will analyze the projects profitability using both current and future resource projections.

The finalization of the PEA is anticipated, in the quarter of 2025. This document will offer valuable information, about prospective mining activities and their related expenses. By taking this step Doubleview Gold will enhance its appeal, to both investors and stakeholders.

Key Components of the PEA

• Economic Analysis: The PEA will include a comprehensive analysis of costs, revenues, and overall project economics.
• Resource Recovery: Evaluation of recovery methods for both gold and copper, as well as potential scandium extraction.
• Infrastructure Assessment: Examination of necessary infrastructure and logistics to support mining operations.

Interest in Scandium Potential

An exciting advancement, for Doubleview Gold is the increasing focus on scandium resources. Scandium plays a role in industries such as aerospace and energy making it a valuable metal.

The company is in talks with the U.S. Department of Defense and the Department of Energy, emphasizing the significance of scandium in their projects. This interest paves the way for collaborations and funding prospects.

Scandium’s Strategic Importance

• High Demand: Scandium’s applications are expanding, leading to increased demand and potential market value.
• Limited Supply: The scarcity of scandium in the market positions Doubleview Gold advantageously as a potential supplier.
• Technological Innovations: The advancement of technologies that utilize scandium could drive future demand and profitability.

Future Prospects and Communication

In the future Doubleview Gold plans to keep its investors and stakeholders informed. They will share updates whenever new assay results and exploration discoveries come to light.

The company is actively drilling in the Lisle Zone to optimize resource exploration and extraction. Investors should expect updates in the months ahead.

Communication Strategy

• Regular Updates: Expect periodic releases of assay data and project developments.
• Engagement with Stakeholders: Active communication with current and potential investors to foster transparency.
• Feedback Mechanism: Opportunities for investors to provide feedback and inquiries regarding company developments.

Frequently Asked Questions

As the journey unfolds potential backers might seek answers about Doubleview Gold and its activities. Below are some commonly asked questions that could shed light on the situation.

FAQs

1. What is the current status of drilling at the Hat Property?The drilling project is currently underway, showing progress with positive outcomes from various drilling sites.
2. When will the mineral resource update be available?The upcoming update is anticipated to debut, in 2025 after the ongoing drilling operations are finished.
3. What is the significance of the PEA?The Project Evaluation Assessment (PEA) will conduct a study on the projects financial aspects to assess its potential for progress.
4. How does Doubleview Gold plan to communicate with investors?The company will share news and updates with investors, whenever new information is ready.