News Summary
On December 8, 2025, Doubleview Gold Corp. announced the successful completion of its 2025 drilling season at the Hat Polymetallic Project in British Columbia. The company reports it was the largest drill season in its history, with 13,290 metres completed across 19 diamond drill holes.
Key points from the release include:
– Every drill hole (100% success rate) intersected mineralization, validating the company’s geological model.
– A new, deep mineralized horizon was discovered beneath the 2024 conceptual pit shell.
– Drilling extended known mineralization by 200-300 metres down-dip and up to 100 metres laterally.
– Assay results for nine holes (H100-H108) are pending.
– The data is being used to advance geological and resource models for an updated Mineral Resource Estimate (MRE-2) and the project’s maiden Preliminary Economic Assessment (PEA).
The CEO, Farshad Shirvani, described the year as “transformational,” citing the successful drill campaign, the discovery of new mineralization, and the previously announced scandium recovery breakthrough as key drivers of confidence and momentum.
Material Impact
The chronological review of news from 2024 and 2025 shows a company that is systematically executing its exploration plan and delivering consistent, positive results.
– Early 2025: A series of strong drill results (Feb 5, Feb 25) demonstrated high-grade copper and gold intercepts, which began to move the stock from the $0.40s toward the $0.60s.
– Q1-Q2 2025: An “emissary agreement” with a representative from Qatar (Mar 5) provided a speculative catalyst, pushing the stock to over $0.80. This was followed by a period of consolidation as the company conducted its field season and raised a small financing ($750k at $0.75).
– Q3-Q4 2025: The company’s progress accelerated significantly. Drill results from September 11, October 1, and October 23 were exceptionally strong, extending the mineralized footprint with long, high-grade intercepts. This news flow, combined with a “major breakthrough” in scandium recovery announced on November 25 (demonstrating 88% overall recovery), ignited a major rally in the stock, taking it from the $0.50s to a high of $1.33. The scandium news was particularly material as it significantly de-risks a key potential economic contributor to the project.
– Financing: In early November, the company capitalized on its rising stock price to close a substantial non-brokered private placement, raising approximately $7.2 million at $0.70 per unit, securing its financial position to complete its 2025 objectives.
– Most Recent News (Dec 4 & Dec 8): The December 4 release provided more strong assays, confirming the deposit’s expansion. The December 8 news confirms the successful *completion* of this highly anticipated drill program.
The December 8 news, in isolation, is a routine operational update. While positive, it was expected. The market has already priced in a successful drill campaign based on the steady flow of excellent results throughout the fall. The news confirms the company’s operational capabilities but does not provide new, hard data like assays. Therefore, its immediate impact is neutral to slightly positive. The true value from this program will be realized when the pending assays are released and incorporated into the upcoming MRE and PEA.
Catalysts
– Immediate: Assay results from the remaining nine drill holes of the 2025 program (H100 to H108). The market will be watching to see if these holes continue to extend the deposit and encounter high-grade mineralization, particularly in the newly discovered deep horizon.
– 3-6 Months: The updated Mineral Resource Estimate (MRE-2). This will quantify the success of the 2025 drill program by showing the increase in tonnage and potential improvement in resource confidence categories.
– 3-6 Months: The maiden Preliminary Economic Assessment (PEA). This is the single most important upcoming catalyst. The PEA will provide the first comprehensive economic valuation of the Hat Project, outlining potential capital and operating costs, throughput, and profitability (NPV, IRR). Crucially, it should incorporate the economic potential of scandium, which could be a significant value driver.
Materiality Conclusion
The announcement of the completion of the 2025 drill program is rated Routine – Positive. It successfully concludes a key operational phase that the market was already aware of and had been rewarded for through previous assay releases. The news solidifies the company’s progress but is not a material catalyst in itself. The market’s focus will now shift entirely to the pending assays and the subsequent economic studies (MRE and PEA), which hold the potential for material impact.
