RE:RE:RE:Not surprised Here's a quote from an article from 2015, It explains some of the history between the TCG (Tahltan Central Government) and DBG:
Doubleview’s entire Hat land package, and ground held others is already subject to a Land Resource Management and Shared Decision Making Agreement (Atlin Taku Land Use Plan) signed between the provincial government and the Taku River Tlingit First Nation on July 19, 2011. An agreement, by the way, that was the first of its kind in B.C. and allows for both exploration and potential resource development in the Sheslay district.
So it’s fair to ask – how can (Chad) Day, as if he’s holding “veto” power, unilaterally proclaim that “exploration and mining activity will not be tolerated in the Sheslay district” when there’s already an agreement, signed by the government that runs contrary to that statement?
Here's the article
With regards to the status of the Hat Property, the TCG and BC Government have initiated a Shared Prosperity Agreement (SPA) signed June 28, 2021.
You can find the agreement here under "Reconcilliation Agreements"
Item 6.0 through 6.9 is interesting and explains some of the timelines with regards to Interim Stratagies.
If... if the whole Sheslay becomes closed to mining, (unlikely) Doubleview would not be the only exploration company in the area that would have to have thier mining tenure bought back by the BC Government at "fair market value" Just like when Skeena were compensated when they agreed to give up the mining tenure for its Sprectrum mineral claim for the Ice Mountain area which is one of the surrounding areas of Mt. Edziza which is now protected. Third party compensation which is referred to in the TCG BC govt SPA is something that two signing parties are aiming to avoid.
In a news release from DBG: Found Here:
“The upcoming and well anticipated exploration program will be Doubleview’s first program based on its recently updated database with critical metals, that now define HAT as a polymetallic deposit. It is anticipated that this next phase of drilling will test the northern and eastern limits of the HAT deposit, providing the data necessary to develop a resource estimate and model. We look forward to working collaboratively with Tahltan service providers as exploration commences” President and CEO, Mr. Farshad Shirvani stated.
The worst case senario in my opinion is that the mineral tenures will have to be bought back at fair market value.
On 11 Aug 21, Fundamental Research Corp (FRC) released an analyst report Doubleview Gold. FRC’s preliminary estimate of the average drilled grades at Lisle Zone (not the whole property and tenures which would be compensated for) is .25% copper and .20 g/t gold.
FRC estimates the drilled tonnage of the Lyle Zone alone following the drill campaign of 2020 is 540 million tonnes.
This report was paid for by the company (as is common with junior exploration companies) and completed by an indipendant research company.
About Fundamental Research Corp.
If anyone is wondering how the BC Government determines the "fair market value"
Check here: