Doubleview Gold Corp.’s 2024 drilling campaign passes 5,000m mark
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
Doubleview Gold Corp.’s 2024 drilling campaign passes 5,000m mark
Vancouver, British Columbia, September 12, 2024 - Doubleview Gold Corp. (TSX-V: 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 a n 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 0.2% copper equivalent (“CuEq**”) cut-off grade* as well as a scandium potential of an estimated 300 to
500Mt at an average grade of 40ppm.
The MRE-V1 figures are: indicated resource of 1.353 billion pounds (Blb) of CuEq at 0.408% CuEq, which
includes 733 million pounds (Mlb) of copper, 28 Mlb of cobalt, 929 thousand ounces of gold and 2 million
ounces of silver and inferred resource of 3.619 Blb of CuEq at 0.344% CuEq, which includes 1.945 Blb of
copper, 91 Mlb of cobalt, 2.328 million ounces of gold and 7.575 million ounces of silver.
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: 89.0%; Ag recovery:
68.0%; Cu recovery: 84.0%; Co recovery: 78.0%; Mining cost US$/t (OP): 2.5; Processing Cost US$/t: 6; G&A Cost
US$/t: 2
** 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.
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
H072, depth: 383m, massive chalcopyrite; H072 was designed to penetrate between H034 and H031,
H073, depth: 284.5m , strong potassic alteration (red -orange colour) and strong magnetite. H072 was
designed to increase data density between H012 and H071.
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
H075, vertical hole, depth: 230.4m, massive chalcopyrite. H075 was designed to better define lithology and
mineralization of drill holes H073 and H074.
H075, depth: 231m, chalcopyrite.
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
H076, depth: 29.5m. H076 is probing the zone between H012 and H031.
H077, depth: 144.4m , pyrite, chalcopyrite and magnetite. H077 was designed to tes t the area between
H052 and H19
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
H077, depth: 278.2m, potassic alteration, chalcopyrite
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
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
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 th is 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 pr operties 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
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.
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
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 sub ject 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.