Doubleview Gold Corp Adds to Its Mineral Claims at the Hat Project
Doubleview Gold Corp (DBLVF) has expanded its Hat Polymetallic Porphyry Project in northwestern British Columbia by staking nine additional mineral claims on the eastern side, increasing the total claimed area to 18,114 hectares. The company's 2024 drill campaign, which included 10,000 metres of drilling, revealed significant mineralization in the first three drill holes. Notable results include hole H072 with 686.0m of 0.38% CuEq, including sections of higher-grade mineralization up to 7.48% CuEq. The project contains substantial copper, cobalt, and scandium deposits. Results from the remaining 15 drill holes are pending and will contribute to an updated mineral resource estimate (MRE 2.0).
Doubleview Gold Corp (DBLVF) ha ampliato il suo progetto Hat Polymetallic Porphyry nel nord-ovest della Columbia Britannica aggiungendo nove ulteriori concessioni minerarie sul lato orientale, portando l'area totale rivendicata a 18.114 ettari. La campagna di perforazione del 2024 dell'azienda, che ha incluso 10.000 metri di perforazione, ha rivelato una significativa mineralizzazione nei primi tre pozzi. Risultati notevoli includono il pozzo H072 con 686,0 m di 0,38% CuEq, comprese sezioni di mineralizzazione a più alto grado fino a 7,48% CuEq. Il progetto contiene importanti depositi di rame, cobalto e scandio. I risultati degli altri 15 pozzi di perforazione sono in attesa e contribuiranno a una stima aggiornata delle risorse minerali (MRE 2.0).
Doubleview Gold Corp (DBLVF) ha ampliado su proyecto Hat Polymetallic Porphyry en el noroeste de Columbia Británica al adjudicarse nueve reclamos minerales adicionales en el lado oriental, aumentando el área total reclamada a 18,114 hectáreas. La campaña de perforación de la empresa para 2024, que incluyó 10,000 metros de perforación, reveló una mineralización significativa en los primeros tres agujeros de perforación. Resultados notables incluyen el agujero H072 con 686.0m de 0.38% CuEq, incluyendo secciones de mineralización de mayor grado de hasta 7.48% CuEq. El proyecto contiene depósitos sustanciales de cobre, cobalto y escandio. Los resultados de los 15 agujeros de perforación restantes están pendientes y contribuirán a una estimación actualizada de recursos minerales (MRE 2.0).
Doubleview Gold Corp (DBLVF)는 브리티시컬럼비아 북서부의 Hat Polymetallic Porphyry 프로젝트를 확장하여 동쪽에 아홉 개의 추가 광물 청구를 등록하였으며, 총 청구 면적을 18,114헥타르로 늘렸습니다. 회사의 2024년 시추 캠페인은 10,000미터의 시추를 포함하며, 처음 세 개의 시추 홀에서 중요한 광물화를 드러냈습니다. 주목할 만한 결과로는, 0.38% CuEq의 686.0m를 포함하는 H072 홀과 7.48% CuEq에 이르는 고품질의 광물화 섹션이 포함됩니다. 이 프로젝트는 상당한 양의 구리, 코발트 및 스카듐 매장량을 포함하고 있습니다. 나머지 15개의 시추 홀 결과는 대기 중이며, 업데이트된 광물 자원 평가(MRE 2.0)에 기여할 것입니다.
Doubleview Gold Corp (DBLVF) a élargi son projet Hat Polymetallic Porphyry dans le nord-ouest de la Colombie-Britannique en enregistrant neuf revendications minières supplémentaires sur le côté est, portant la superficie totale revendiquée à 18 114 hectares. La campagne de forage de l'entreprise pour 2024, qui a inclus 10 000 mètres de forage, a révélé une minéralisation significative dans les trois premiers trous de forage. Parmi les résultats notables, le trou H072 présente 686,0 m de 0,38% CuEq, incluant des sections de minéralisation de haute teneur atteignant 7,48% CuEq. Le projet contient d'importants gisements de cuivre, de cobalt et de scandium. Les résultats des 15 trous de forage restants sont en attente et contribueront à une estimation des ressources minérales mise à jour (MRE 2.0).
Doubleview Gold Corp (DBLVF) hat sein Hat Polymetallic Porphyry Projekt im nordwestlichen British Columbia durch die Beantragung von neun zusätzlichen Mineralansprüchen auf der östlichen Seite erweitert, wodurch die insgesamt beanspruchte Fläche auf 18.114 Hektar erhöht wurde. Die Bohrkampagne des Unternehmens für 2024, die 10.000 Meter Bohrungen umfasste, zeigte eine bedeutende Mineralisierung in den ersten drei Bohrlöchern. Bemerkenswerte Ergebnisse sind das Bohrloch H072 mit 686,0 m von 0,38% CuEq, einschließlich Abschnitten höhergradiger Mineralisierung von bis zu 7,48% CuEq. Das Projekt enthält erhebliche Lagerstätten von Kupfer, Kobalt und Scandium. Die Ergebnisse der verbleibenden 15 Bohrlöcher stehen noch aus und werden zu einer aktualisierten Schätzung der Mineralressourcen (MRE 2.0) beitragen.
- Expansion of mineral claims area to 18,114 hectares
- Strong drilling results with high-grade mineralization (up to 7.48% CuEq)
- Significant intercepts of critical minerals (Cu, Co, Sc)
- Completion of 10,000 metres drilling program
- None.
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company or "Doubleview") is pleased to announce that it has staked additional claims at its Polymetallic Hat Porphyry Project ("the Hat Project"), located in northwestern British Columbia.
The Company has staked nine additional mineral claims at the eastern side of the Hat Project, bringing the total area claimed to 18,114 hectares.
Mr. Shirvani, president & CEO of Doubleview stated, "expanding the mineral claims demonstrates the Company's unwavering commitment to advancing the Hat Project. This year's successful exploration program, which included 10,000 metres of additional drilling, highlights the Project's promising future. With significant copper, cobalt and scandium content, the Hat Project stands as a major resource of critical minerals in Canada."
The first 3 drill holes of the 2024 drill campaign were announced on October 16, 2024.
Highlights and significant downhole intervals include the following:
Drill hole H072:
- 686.0m of
0.23% Cu, 0.16 g/t Au, 64 g/t Co, 0.33 g/t Ag and 25.7 g/t Sc (0.38% CuEq*) - including 154.0m of
0.66% Cu, 0.46 g/t Au, 112 g/t Co, 0.96 g/t Ag and 24 g/t Sc (1.07% CuEq*) - including 62.0m of
1.12% Cu, 0.79 g/t Au, 173 g/t Co, 1.62 g/t Ag and 23.9 g/t Sc (1.81 % CuEq*) - including 2.0m of
5% Cu, 2.96 g/t Au, 511 g/t Co, 5.03 g/t Ag and 7 g/t Sc (7.48% CuEq*)
Drill hole H073:
- 109m of
0.29% Cu, 0.21 g/t Au, 83 g/t Co, 0.47 g/t Ag and 29.6 g/t Sc (0.5% CuEq*).
Drill hole H074:
- 128 m of
0.18% Cu, 0.14 g/t Au, 82 g/t Co, 0.29 g/t Ag and 29 g/t Sc (0.33% CuEq*)
Notes:
- Metal equivalents should not be relied upon for future evaluations.
- Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.
- Parameters used to calculate Copper Equivalent:
Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22.
Au recovery:
* Copper Equivalent Calculation
CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). Scandium is not part of the copper equivalent calculation.
The Company's is awaiting the results of the remaining 15 drill holes which will be announced when the analytical results from the laboratory are available, and the data compilation and QA/QC procedures are completed. These results are going to contribute to the updated mineral resource estimate ('MRE 2.0').
About Doubleview Gold Corp
Doubleview is a mineral resource exploration and development company that is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: A1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.
Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.
About the Hat Polymetallic Deposit
The Company's flagship Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat Deposit has undergone targeted exploration and development. The
| Average Grade | Metal Content | |||||||||||
| Open Pit Model Hat | Resource Category | Tonnage | CuEq | Cu | Co | Au | Ag | CuEq | Cu | Co | Au | Ag |
| Mt | % | % | % | g/t | g/t | million lb | million lb | million lb | thousand oz | thousand oz | ||
| In Pit | Indicated | 150 | 0.408 | 0.221 | 0.008 | 0.19 | 0.42 | 1,353 | 733 | 28 | 929 | 2,045 |
| Inferred | 477 | 0.344 | 0.185 | 0.009 | 0.15 | 0.49 | 3,619 | 1,945 | 91 | 2,328 | 7,575 | |
The Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (
For further details, please refer to the Company's July 25, 2024 news release.
Qualified Person:
Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains "forward‐looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, the Meeting, potential impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to Shareholders in connection with the Meeting, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, and market or business conditions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234080
FAQ
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