Doubleview Gold Tracker
This post will be continuously updated.
Pending Catalysts
Not in chronological order
- Final metallurgical testing – recoveries of other recently known pending metals (discovered during metallurgical tests) & optimization of currently known recoverable metals (gold, copper, cobalt, silver, scandium & PGMs)
- Scandium- types of possible commercial scandium powders that can be produced (Scandium Fluoride, etc.)
- More details about the uniqueness & game-changing advantages of the scandium extraction process
- Republishing of previous assays to included optimized recovery rates in Cu Eq/Au Eq
- Economic assessment/cost analysis on the scandium extraction process (said to only require limited additional costs compared to the very high capital expenditures of typical extraction processes)
- Maiden Mineral Resource Estimate (expected early 2024 – imminent)
- Ore sorting assessment (to lower the economic cut-off grade in the resource estimate and results in more tonnage, it also increases project’s NPV & IRR which makes it more desirable)
- Industry expert report (Kent Zehr) – Kent Zehr is said to be well known and very respected in the industry. His report is expected to be very long and extremely detailed. It is said that he put 6 porphyry deposits into production. Due to his experience/background, I believe his report could be a significant catalyst as it will most likely cover the full potential of the deposit as well as the potential economics of it. The report is expected to be released soon after the MRE is released (draft is done & just requires the MRE data to complete the report)
Potential Future Catalysts
Not in chronological order
- Updated Resource Estimate (to included follow-on holes after MRE)
- First Nation “opposition” gets resolved & the “FN stock price discount” ends
- Discovery of new metals in previously drilled core – new metals were recently identified which weren’t tested for on previous assays
- Discovery of the system’s heat source (higher gold & copper grades)
- A starter pit discovery at Hoey Zone (has never been drilled yet and it has some very high-grade trench samples). Area is 400m x 200m & it was extensively sampled over many years (highlights of sampling include 9 g/t gold, 4.8% copper & 5000 ppm cobalt)
- Preliminary Economic Assessment (PEA)
- Drilling at O Zone to further confirm the initial discover from 2021 (only 1 hole drilled into it)
- Increase in the prices of the metals contained in the deposit (copper, gold, cobalt, scandium, etc)
- Mining sector turns bullish (Green Energy Transition will create deficits of some critical metals & a commodities supercycle could take some metal prices to new highs)
- 3D-IP to identify new potential systems (current 3D-IP only covers ~25% of the project)
- A big name mining industry name joins the board or becomes a shareholder
- A company makes a deal on the Scandium
- A company takes a stake in the company or project
- A major mining company or big company makes an offer
- A bidding war will likely occur (the 3D-IP is one of the largest in North America, it currently looks like it will become one of NA’s largest critical metals deposits, it is said to be the biggest scandium deposit in the world, etc., etc.)
Possible Clues Based on Forward-Looking Quotes & Statements
As a reminder, here are some important forward-looking quotes/statements from Doubleview Gold’s CEO/President which help provide possible clues (refer to Doubeview Gold’s disclaimer):
- “Things are happening behind the scenes,” teased Farshad Shirvani, president and CEO of Doubleview Gold Corp. (TSX-V: DBG, GER: A1WO38, OTC: DBLVF), which is set to announce its first resource that includes scandium.” – quote from Resource World article about PDAC released on 11 March, 2024 (link)
- Farshad Shirvani said “Potentially one of the largest critical metals deposits in North America” – Oct 2023 Link
- Farshad Shirvani said “Doubleview potentially has the largest Scandium deposit in the world with unsurpassable mineral recovery method and environmentally safe that comes with many other North American Critical Metals, Copper, Cobalt and plus Gold” – Oct 2023 Link
- Farshad Shirvani (CEO/President) said he is working on proving that Doubleview Gold potentially has the largest critical mineral discovery in Canada. If successful, he anticipates the governments of US and Canada will look at the company (both governments have been focusing on establishing a domestic critical metals supply chain for the Green Energy Transition) Link
- Farshad Shirvani (CEO/President) said the deposit could potentially be one of the most valuable deposits in Canada (read that again and think about what kind of valuation it would receive if this occurs) Link
- “Recovering scandium from tailings in addition to copper, cobalt and gold recovery in concentrates is significant as it potentially provides another commercially saleable product with limited additional costs” – CEO/President 24 Oct 22 NR (link)
- “We have the opportunity to have low cost scandium in North America……very cost effective” & “we will have a report showing what the cost figure is to do this metallurgy, to show to the world that this is the cheapest way of producing scandium” – CEO/President Pre-PDAC Pres 03 March (video link)
- “It will be proven by the end of this year, all of a sudden to everyone, that this is the most unique deposit in the world…..I’m not saying in Canada or the United States….the most unique one in the world & you will see that how we’re going to expose it to the world to see it” (the maiden MRE was originally expected by the end of 2023 but it is now expected by the end of Q1’24) – CEO/President 27 March 2023 YouTube Video (link)
Drilled Dimensions
Lisle drilled dimensions as reported by the company on 18 Sept, 2023 – 1,450 metres (north-south) X 1,400 metres (east-west). In terms of average the thickness of the mineralization, my estimate is ~400 metres.
Cash
Share Data
Options & Warrants
Dedicated Doubleview Gold Research Page
To view the Doubleview Gold research page with everything related to it:
https://member.tsr-d4.com/doubleview-gold/