Estimate Defines 5.82 Billion Lbs in M&I Resources
Doubleview Gold Corp. announced an updated mineral resource estimate on February 25, 2026, significantly upgrading its asset base. The report outlines a combined Measured and Indicated (M&I) resource of 609 million tonnes at a 0.43% copper equivalent (CuEq) grade. This high-confidence resource contains a total of 5.82 billion pounds of CuEq. The estimate, calculated using a 0.2% CuEq cut-off grade, provides a robust foundation for the project's valuation and future development plans.
The M&I resources are broken down into 272 million tonnes of Measured resources and 337 million tonnes of Indicated resources. The Measured portion contains 2.61 billion pounds of CuEq, comprising 1.11 billion pounds of copper, 35.6 million pounds of cobalt, 1.41 million ounces of gold, and 2.17 million ounces of silver. The Indicated resources add another 3.21 billion pounds of CuEq to the total.
Inferred Category Adds 4.57 Billion Lbs Potential
Beyond the higher-confidence M&I figures, the report also detailed a substantial Inferred mineral resource of 503 million tonnes. Graded at 0.41% CuEq, this category represents an additional 4.57 billion pounds of contained copper equivalent. While Inferred resources have a lower level of geological confidence than M&I resources, this large volume highlights significant upside potential and points to areas for future exploration and resource definition drilling. This expansion of the total mineral inventory enhances the project's long-term prospects and scale.
Expanded Resource Base Positions Doubleview for Re-rating
The substantial increase in defined mineral assets is expected to have a positive impact on Doubleview Gold's market valuation. A larger, well-defined resource base makes the company a more attractive candidate for institutional investors seeking exposure to base and precious metals. Furthermore, the scale of the deposit could draw interest from major mining corporations looking for partnership or acquisition opportunities, potentially unlocking significant value for current shareholders.