Doubleview Provides an Update on Maiden 43- 101 Resource Estimate Progress
Doubleview Provides an Update on Maiden 43-
101 Resource Estimate Progress
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) -
Doubleview Gold Corp. (TSXV:
DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview")
is pleased to announce an update to the
progress of the maiden NI 43-101 Resource Estimate ("Resource Estimate") currently being completed
by ABH Engineering Inc.
The resource estimate comprises a site visit, geological modelling, resource estimation and completion
of the final report for publication.
The steps necessary to complete the Resource Estimate can be broken down as follows:
1
.
Site Visit:
Inspection of core, validation of geological logging and sampling protocols.
Witness sampling - a suite of typically 25 to 50 1/4 core samples, from intervals of
mineralization - provides a means of verification of grades in the company database.
Validation of drillhole collars, checking location, dip and azimuth
2
.
Geological Modelling of Grades and Resource Estimation:
Compositing grade data and creating Mineralized Intervals based on industry-accepted cut-
off grades for the subject deposit.
Creating a wire-shell solid model.
Populating a block model within the wire shell, using geostatistical methods. Composited
grade values are used as the basis of this estimation.
Variography, geologic continuity and deposit type determine selection of geostatistical
method and the constraints applied in the estimation procedure.
3
.
Resource Estimate Report:
The report is prepared in accordance with Canadian Reporting Standards (NI 43-101).
ABH Engineering is currently working through the Geological Modelling phase of the report and will
make a site visit in the coming weeks.
Farshad Shirvani, Doubleview president and CEO stated "We are very pleased with the progress ABH
Engineering is making on the report. We are working diligently to provide them with updated data as it
becomes available, including scandium extraction results from ongoing metallurgical tests, as well as
drill hole assay data from recent drilling from the analytical laboratory.
The maiden Resource Estimate
is anticipated to be a major development for the Hat deposit
."
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
], [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 risk.
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:
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance.
Doubleview cautions that all forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are beyond Doubleview's
control. Such factors include, among other things: risks and uncertainties relating to Doubleview's limited
operating history and the need to comply with environmental and governmental regulations. Accordingly,
actual and future events, conditions and results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the forward- looking information. Except as required
under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise
forward-looking information.
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.
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https://www.newsfilecorp.com/release/142773