Doubleview Gold Corp Provides End of 2023 Exploration Update at the Hat Polymetallic Project
Doubleview Gold Corp Provides End of 2023
Exploration Update at the Hat Polymetallic
Project
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) -
Doubleview Gold Corp. (TSXV:
DBG) (OTCQB: DBLVF) (FSE: 1D4)
(the "Company or "Doubleview") is pleased to announce the
successful completion of its 2023 exploration and drilling program at the Hat Polymetallic Project
situated in the Golden Triangle of British Columbia.
Key achievements of the 2023 exploration program:
Scope and Targets:
The comprehensive program successfully covered all intended work programs
and explored designated targets. Notably, this marked the largest work program to date at the Hat
project.
Main Objective:
The primary focus of the 10,500-meter diamond drilling exploration program was to
examine the dimensions and characteristics of Copper, Gold, Scandium, and Cobalt mineralization
within the Main Lisle Zone of the Hat deposit and its environs. The deposit remains open in all directions.
Sample Analysis:
In the current season, 5,220 samples, weighing 25.5 tonnes, were shipped to ALS
laboratories, a fully accredited and globally recognized facility in North Vancouver, British Columbia,
Canada.
Connecting Deposit Envelopes:
A key objective was to enhance connectivity between the deposit
envelopes of the Main Lisle deposit and surrounding volumes, creating a cohesive united mass.
NI 43-101 Maiden Resource Estimate:
The final achieved and explored volume will serve as the
domain envelope for the NI 43-101 maiden resource estimate, anticipated to be disclosed in Q1, 2024.
Budgeting and Cost Controls:
Exploration expenses in NW, British Columbia have increased rapidly
in recent years. Maintaining tight controls on costs was a key focus of management for the 2023
exploration season. The company drilled approximately 10.500 meters for an estimated %40 of the
industry standard costs for a similar drilling campaign.
Farshad Shirvani, President, and CEO stated, "It has been a tremendous year for Doubleview Gold
Corp. Accomplishing many goals for the Hat Deposit, our projections reveal significant potential for
lateral and depth extensions of this copper-gold deposit, enriched with cobalt and scandium. Importantly,
the drilling and exploration program adhered to our projected budget."
Assay Results:
Assays are being received on a continuous basis and will be published as they are received and
verified.
Doubleview maintains a website at
www.doubleview.ca
.
Cautionary Note:
Although a mineral resource estimation is currently being prepared by an
independent engineering firm, no mineral resources have been estimated at the Hat Property and there
is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as
mineral resources.
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 (TSXV:
DBG) (OTCQB: DBLVF) (GER: A1W038) (FSE: 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:
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/189250