Doubleview Gold Corp.'s 2024 Drilling Campaign Passes 5,000m Mark
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) has provided an update on its Hat property drilling campaign in Northwestern British Columbia. The company has drilled over 5,300 meters in 8 drill holes during the 2024 season, focusing on the Lisle Zone. This zone has an initial Mineral Resource Estimate (MRE-V1) of 150 million tonnes indicated and 477 million tonnes inferred at 0.2% copper equivalent cut-off grade. The MRE-V1 includes significant amounts of copper, cobalt, gold, and silver. The current drilling aims to increase data density for a follow-up MRE (MRE-V2). Drill cores show intervals of massive mineralization, which the company believes confirms their geologic and mineralization model.
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) ha fornito un aggiornamento sulla campagna di perforazione della sua proprietà Hat nel Northwestern British Columbia. Durante la stagione 2024, l'azienda ha perforato oltre 5.300 metri in 8 fori di perforazione, concentrandosi sulla Zona Lisle. Questa zona ha una Stima Iniziale delle Risorse Minerarie (MRE-V1) di 150 milioni di tonnellate indicate e 477 milioni di tonnellate inferite con un gradiente di taglio di equivalenti in rame dello 0,2%. L'MRE-V1 include quantità significative di rame, cobalto, oro e argento. L'attuale perforazione mira ad aumentare la densità dei dati per una successiva MRE (MRE-V2). I campioni di perforazione mostrano intervalli di mineralizzazione massiccia, che l'azienda ritiene confermino il proprio modello geologico e di mineralizzazione.
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) ha proporcionado una actualización sobre su campaña de perforación en la propiedad Hat, en el noroeste de Columbia Británica. Durante la temporada 2024, la empresa ha perforado más de 5,300 metros en 8 pozos de perforación, centrándose en la Zona Lisle. Esta zona tiene una Estimación Inicial de Recursos Minerales (MRE-V1) de 150 millones de toneladas indicadas y 477 millones de toneladas inferidas con un grado de corte de equivalente a cobre del 0.2%. La MRE-V1 incluye cantidades significativas de cobre, cobalto, oro y plata. La perforación actual busca aumentar la densidad de datos para una MRE de seguimiento (MRE-V2). Los núcleos de perforación muestran intervalos de mineralización masiva, que la empresa cree que confirman su modelo geológico y de mineralización.
더블뷰 골드 코퍼레이션 (TSXV: DBG) (OTCQB: DBLVF)는 북서부 브리티시컬럼비아의 핫 지역에서 벌인 시추 캠페인에 대한 업데이트를 제공했습니다. 회사는 2024 시즌 동안 리슬 존에 초점을 맞춰 8개 시추홀에서 5,300미터 이상을 시추했습니다. 이 지역은 0.2% 구리 동등 절단 등급으로 1억 5천만 톤의 표시 자원과 4억 7천7백만 톤의 추정 자원을 가진 초기 광물 자원 추정치(MRE-V1)을 가지고 있습니다. MRE-V1에는 구리, 코발트, 금 및 은의 상당량이 포함되어 있습니다. 현재의 시추 작업은 후속 MRE (MRE-V2)를 위한 데이터 밀도를 증가시키는 것을 목표로 하고 있습니다. 시추 코어는 대규모 광물화 구간을 보여주며, 회사는 이를 통해 그들의 지질 및 광물화 모델을 확인했다고 믿고 있습니다.
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) a fourni une mise à jour sur sa campagne de forage sur la propriété Hat dans le nord-ouest de la Colombie-Britannique. L'entreprise a foré plus de 5 300 mètres dans 8 trous de forage au cours de la saison 2024, en se concentrant sur la zone Lisle. Cette zone a une estimation initiale des ressources minérales (MRE-V1) de 150 millions de tonnes indiquées et 477 millions de tonnes inférées avec une coupe de 0,2 % en équivalent cuivre. La MRE-V1 inclut des quantités significatives de cuivre, cobalt, or et argent. Le forage actuel vise à augmenter la densité des données pour une MRE de suivi (MRE-V2). Les carottes de forage montrent des intervalles de minéralisation massive, que l'entreprise estime confirmer leur modèle géologique et de minéralisation.
Die Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) hat ein Update zu ihrer Bohrkampagne auf dem Hat-Grundstück im Nordwesten von British Columbia bereitgestellt. Das Unternehmen hat in der Saison 2024 über 5.300 Meter in 8 Bohrlöchern im Lisle-Zone gebohrt. Diese Zone hat eine anfängliche Schätzung der Mineralressourcen (MRE-V1) von 150 Millionen Tonnen angezeigten und 477 Millionen Tonnen geschätzten Ressourcen mit einem Cut-Off-Gehalt von 0,2% Kupferäquivalent. Die MRE-V1 enthält bedeutende Mengen an Kupfer, Kobalt, Gold und Silber. Die aktuellen Bohrungen sollen die Datendichte für eine nachfolgende MRE (MRE-V2) erhöhen. Bohrkerne zeigen intervallweise massive Mineralisierungen, von denen das Unternehmen glaubt, dass sie ihr geologisches und mineralisierendes Modell bestätigen.
- Drilling campaign has surpassed 5,300 meters in 8 drill holes
- Initial Mineral Resource Estimate (MRE-V1) shows significant resources: 150 Mt indicated and 477 Mt inferred
- MRE-V1 includes 1.353 billion pounds of CuEq indicated and 3.619 billion pounds of CuEq inferred
- Current drilling aims to increase data density for a higher confidence MRE-V2
- Drill cores show promising mineralization, supporting the company's geologic model
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce an update on work at its Hat property in Northwestern British Columbia. The wholly owned Hat Project hosts a large copper-gold-cobalt porphyry-type mineral deposit that was discovered in 2014 and has since been explored by technical surveys and drilling, 79 diamond drill holes with a total length of 36,579.88 metres.
In the 2024 season, Doubleview has drilled more than 5,300 m in 8 drill holes. This drill campaign is directed to the Lisle Zone where an initial Mineral Resource Estimate ("MRE-V1"), prepared by independent consultants, reported an indicated resource of 150 million tonnes (Mt) and an inferred resource of 477 Mt at
For more information on this MRE-V1, please see the Company's news release dated July 25, 2024.
* Parameters used to calculate cut-off grade:
Au price US$/oz: 1,900; Ag price US$/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.
Current drilling will increase data density to promote the MRE-V1 to higher levels of confidence for inclusion in a follow up MRE ("MRE-V2").
Accompanying photographs illustrate sections of high-grade sulphide and magnetite mineralization, a common type of mineralization for the Hat deposit that has repeatedly been observed during the present drill campaign.
H072, depth: 383m, massive chalcopyrite; H072 was designed to penetrate between H034 and H031.
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H073, depth: 284.5m, strong potassic alteration (red-orange colour) and strong magnetite. H072 was designed to increase data density between H012 and H071.
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H075, vertical hole, depth: 230.4m, massive chalcopyrite. H075 was designed to better define lithology and mineralization of drill holes H073 and H074.
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H075, depth: 231m, chalcopyrite.
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H076, depth: 29.5m. H076 is probing the zone between H012 and H031.
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H077, depth: 144.4m, pyrite, chalcopyrite and magnetite. H077 was designed to test the area between H052 and H19.
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H077, depth: 278.2m, potassic alteration, chalcopyrite.
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Farshad Shirvani, President & CEO of Doubleview stated: "We are encouraged by the strength of the sulphide mineralization that confirms our geologic and mineralization model. As always, observations provide further clues to help us understand the genesis and formation of the Hat deposit."
Drill cores from the recently completed drill holes display numerous intervals of massive mineralization and textures and alteration that may be related to nearby intrusive rock formations that may be the source of the Hat deposit's mineralizing fluids.
| Hole # | East, UTM Z9 | North, UTM Z9 | Elevation (m) | Depth (m) | Azimuth | Dip | Number of samples |
| H072 | 347865.9 | 6453951.5 | 956.5 | 761 | 212 | 75 | 426 |
| H073 | 347865.9 | 6453951.5 | 956.5 | 771 | 225 | 85 | 441 |
| H074 | 347865.9 | 6453951.5 | 956.5 | 609 | 262.1 | 85 | 355 |
| H075 | 347865.9 | 6453951.5 | 956.5 | 537 | 0 | 90 | 344 |
| H076 | 347865.9 | 6453951.5 | 956.5 | 660 | 262.1 | 75 | 367 |
| H077 | 347865.9 | 6453951.5 | 956.5 | 531 | 300 | 75 | 311 |
| H078 | 347865.9 | 6453951.5 | 956.5 | 708 | 120 | 75 | 434 |
| H079 | 347865.9 | 6453951.5 | 956.5 | 732 | 120 | 57 | 415 |
| 5,309 | 3,093 |
Samples of all cores are being prepared at the Hat camp and forwarded to an independent ISO-certified analytical laboratory for assaying. All standard QA/QC protocols are being observed. Significant assay results will be released when received from the laboratory.
Doubleview maintains a website at www.doubleview.ca.
Qualified Persons:
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 technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.
About Doubleview Gold Corp
Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.
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.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223097
FAQ
What is the current status of Doubleview Gold Corp's (DBLVF) 2024 drilling campaign at the Hat property?
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What is the purpose of Doubleview Gold Corp's (DBLVF) current drilling at the Hat property?
What type of mineralization has been observed in the recent drill cores from Doubleview Gold Corp's (DBLVF) Hat property?
