RE:observation@350 Mt = ~20 million ounces AUEQ implied in the ground BUT at a 43-101. At $60 US/ounce for AUEQ in the ground implied by a 43-101, we get 60 x 20M = $1.2B US = $1.5B CAD.
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - Doubleview Gold Corp (TSXV: DBG) ("Doubleview", the "Company") is pleased to announce it has engaged ABH Engineering Inc. ("ABH") to initially complete an internal and independent resource estimate that will ultimately lead to a NI 43-101 Technical Report, detailing a maiden resource estimate for the Company's HAT Polymetallic Deposit in northwest, British Columbia.
Exploration at the HAT Deposit has reached a stage of drilling where an internal resource estimate would be useful to determine if the requirements for an NI 43-101 Technical Report detailing a maiden resource estimate, have or will soon be triggered. The objective is to announce an NI 43-101 compliant, copper and gold equivalent polymetallic resource exceeding 350 million tonnes ("Mt"), as a minimum criterion to the development of the HAT deposit.