Vancouver, Canada – Doubleview Gold Corp. (TSXV: DBG), a prominent mineral resource exploration and development company based in Vancouver, has announced a significant partnership with Her Excellency Sheikha Sara Nasser Al-Thani, CEO of Qmission W.L.L., Qatar. This collaboration aims to advance the development of Doubleview’s HAT Polymetallic Deposit in British Columbia, a project known for its rich and diverse mineral resources.
This strategic partnership is formalized through an Emissary Agreement, which outlines a framework for potential collaboration with the State of Qatar via the Qatar Investment Authority (QIA) and other Arab nations. The primary objective of this agreement is to explore investments in critical mineral deposits that play a vital role in the sustainable energy transition. By leveraging QIA’s financial capabilities and Doubleview’s resource development expertise, this partnership is poised to unlock significant opportunities in the mining sector.
Strategic Emissary Agreement
The Emissary Agreement represents a forward-thinking approach to international collaboration in the resource sector. With Qatar’s economic diversification efforts well underway, this partnership aligns with the nation’s strategic goals of expanding its investment portfolio beyond oil and gas. The QIA, established in 2005, manages Qatar’s sovereign wealth fund and focuses on exceptional investments across a range of markets and sectors. This collaboration with Doubleview signifies a substantial step in Qatar’s efforts to diversify its investments into critical minerals, which are essential for emerging technologies and green energy solutions.
Her Excellency Sheikha Sara Nasser Al-Thani emphasized the importance of this collaboration, stating, “The opportunity to partner with Doubleview Gold Corp. extends far beyond the traditional oil and gas sectors and represents a significant opportunity for Qatar’s investment strategy. The HAT Polymetallic Deposit’s diverse mineral resources are aligned with our goals of supporting sustainable and innovative industries.”
Qatar’s Diversification Efforts
Qatar has long been recognized for its substantial natural gas and oil reserves, making it one of the wealthiest nations per capita. However, the country’s leadership has been actively pursuing a diversification strategy to reduce its reliance on hydrocarbons. The QIA, with assets exceeding $450 billion, has been instrumental in this diversification by investing in a broad array of sectors, including technology, real estate, and renewable energy. The partnership with Doubleview represents a strategic move into the mining sector, focusing on minerals essential for batteries, electronics, and renewable energy systems.
Her Excellency’s involvement is seen as a powerful endorsement of the HAT Deposit’s potential. Known for her visionary leadership, Sheikha Sara Nasser Al-Thani’s strategic investments through Qmission W.L.L. are part of a broader agenda to position Qatar as a key player in sustainable and diversified global investments.
The HAT Polymetallic Deposit
The HAT Deposit, located in British Columbia, is a notable project in Doubleview’s portfolio due to its unique combination of critical metals such as copper, gold, cobalt, and scandium. These resources are increasingly vital for the clean energy transition, particularly in the production of electric vehicles, wind turbines, and energy storage systems.
According to the maiden resource estimate released in 2024, the HAT Deposit contains:
- Gold: 929,000 ounces (indicated), 2.328 million ounces (inferred)
- Copper: 733 million pounds (indicated), 1.945 billion pounds (inferred)
- Silver: 2.045 million ounces (indicated), 7.575 million ounces (inferred)
- Cobalt: 28 million pounds (indicated), 91 million pounds (inferred)
- Scandium: Estimated at 300 to 500 million tonnes with an average grade of 40 ppm Sc₂O₃
An updated resource estimate (HAT MRE 2.0) is expected in the second quarter of 2025, which will include data from over 10,000 meters of additional drilling. This update is anticipated to significantly enhance the deposit’s economic potential and will contribute to the Preliminary Economic Assessment (HAT PEA) currently in progress.
The strategic importance of scandium, a key element for lightweight alloys used in aerospace and clean technologies, further elevates the significance of the HAT Deposit. The partnership with Qmission W.L.L. could expedite the development of this resource, providing a reliable supply of critical minerals for global markets.
Leadership Perspectives
Farshad Shirvani, President and CEO of Doubleview Gold Corp., expressed optimism about the partnership, stating, “We are honored to have Her Excellency Sheikha Sara Nasser Al-Thani as a partner in advancing the HAT Deposit. Her vision and commitment to sustainable investments align perfectly with our goals. This collaboration represents a significant milestone for Doubleview and underscores the strategic importance of our resources in the global market.”
The sentiment was echoed by Sheikha Sara, who highlighted the potential of the partnership to contribute to Qatar’s long-term economic goals. “Our investment strategy is focused on sustainability and innovation. By collaborating with Doubleview, we are taking a meaningful step towards securing resources that are essential for the future of clean energy and technology,” she stated.
About Doubleview Gold Corp.
Founded in Vancouver, Doubleview Gold Corp. is a publicly traded company focused on identifying, acquiring, and developing precious and base metal exploration projects in North America. With a strong emphasis on advanced exploration techniques and sustainable development, Doubleview has built a diversified portfolio of projects, including the HAT Deposit, which is its flagship project. The company is committed to enhancing shareholder value by advancing its projects to production-ready status through strategic partnerships and investments.
About Qmission W.L.L.
Qmission W.L.L., under the leadership of Her Excellency Sheikha Sara Nasser Al-Thani, is a Qatar-based company with a focus on strategic investments and partnerships across diverse sectors. The company’s mission is to identify and capitalize on high-potential opportunities that align with Qatar’s vision for sustainable economic growth. By investing in innovative and resource-focused projects, Qmission aims to contribute to the country’s long-term diversification strategy.
Conclusion
The partnership between Doubleview Gold Corp. and Qmission W.L.L. represents a significant step forward for both companies. For Doubleview, the collaboration provides access to substantial capital and strategic expertise that could accelerate the development of the HAT Deposit. For Qatar, this partnership aligns with its broader goals of diversifying investments and securing access to critical minerals essential for future technologies.
As the world increasingly shifts towards renewable energy and sustainable technologies, the demand for critical minerals is expected to surge. The collaboration between Doubleview and Qmission is poised to play a vital role in meeting this demand while contributing to Qatar’s vision of a diversified and sustainable economy.
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