Doubleview Provides Exploration Update at the Hat Polymetallic Mineral Deposit, 2024 Drilling now Exceeds 7,500m
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
2024-10-01
Doubleview Provides Exploration Update at the Hat Polymetallic Mineral Deposit, 2024 Drilling now
Exceeds 7,500m
Vancouver, British Columbia , October 01, 2024, - Doubleview (TSX-V: DBG / OTCQB: DBLVF / GER: 1D4)
("Doubleview" or the “Company”) is pleased to announce that the 2024 drilling program at the Hat polymetallic
mineral deposit, located in Northern British Columbia, has now surpassed 7,500 meters and is continuing. The
company anticipates receiving the first assay results of the 2024 drilling season in the very near future. The drilling
program will expand the mineral resource, infill areas with limited drill data, and extend the lateral and depth
boundaries of the existing resource envelope, which remains open in all directions and at depth.
The 2024 drill targets recognize the mineral resource block model from the recently completed Mineral
Resource Estimate (MRE) and will increase the mineral resource and upgrade the confidence level of the
resource categories. The drilling has met expectations, with visual results aligning with and confirming the block
model’s projections. The Hat deposit hosts several critical minerals as defined in the Canadian Critical Minerals
Strategy, including copper, cobalt and, potentially, scandium, and possibly others.
Farshad Shirvani, president & CEO of Doubleview commented, “Year by year, the size of the Hat deposit has been
increased by very targeted drilling, bringing it to a footprint of about 1.5km x 1.38km. Our technical and management
team has excelled in this endeavor. Furthermore, we've discovered numerous additional elements within the Hat
deposit that may become significant and enhance the resource : t he Hat deposit may be unique among British
Columbia’s many. Recent moves by the governments of Canada and British Columbia in recognize the importance
of critical minerals and announc e targeted infrastructure investments in support of our industry and the many
communities and businesses that directly benefit.”
Selected Drill Results Prior to 2024 Exploration:
Every year Doubleview releases details of the year’s drilling and activities. The Company website maintains
all relevant information. Visual estimates indicate that 2024 drilling has exceeded expectations and will
further validate the resource model and increase the dimensions of the mineral resource envelope.
Table 1 provides previously announced key intersections, including copper equivalents and selected significant
intercepts. These results, combined with the ongoing drilling program, are expected to further validate the Hat
deposit’s resource model and increase the dimensions of the Hat mineral resource envelope.
Table 1: Selected drill results based on current commodity values applied in the resource estimate for the Hat
deposit. For further details, refer to the full disclosure available on SEDAR+.
DDH From
(m)
To
(m)
Length
(m)
Ag
(g/t)
Au
(g/t)
Co
(g/t)
Cu
(%)
Sc
(g/t)
CuEq (%)
not incl Sc*
H009 8.2 70.4 62.2 2.67 0.66 106.5 0.29 27.1 0.85
incl. 8.2 17.4 9.1 17.25 3.93 478.2 1.87 10.3 5.12
H011 15.0 407.1 392.1 0.70 0.20 91.9 0.24 27.5 0.43
incl. 200.2 407.1 206.9 0.61 0.26 91.8 0.28 27.1 0.52
incl. 263.1 407.1 144.1 0.67 0.23 91.4 0.32 27.4 0.54
H012 192.0 434.0 242.0 0.27 0.24 83.3 0.20 24.6 0.42
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
incl. 272.0 434.0 162.0 0.26 0.29 76.4 0.24 26.2 0.49
incl. 272.0 315.0 43.0 0.35 0.67 117.2 0.41 28.4 0.96
incl. 340.0 356.0 16.0 1.25 0.51 87.5 0.48 20.6 0.91
H017 221.0 442.4 221.4 0.44 0.24 92.4 0.28 25.9 0.50
incl. 224.4 348.0 123.6 0.38 0.30 92.1 0.29 25.9 0.56
H018 170.7 314.0 143.3 0.53 0.27 81.9 0.23 31.0 0.48
incl. 179.8 314.0 134.2 0.56 0.28 84.4 0.24 31.0 0.49
H022 14.4 463.8 449.4 0.35 0.24 86.0 0.23 30.3 0.45
incl. 43.4 447.6 404.2 0.37 0.25 90.5 0.25 30.6 0.49
incl. 116.4 419.0 302.6 0.37 0.28 101.0 0.30 31.1 0.55
incl. 197.9 235.4 37.5 0.20 0.57 56.8 0.22 27.6 0.67
incl. 289.3 463.8 174.5 0.55 0.31 103.7 0.41 30.1 0.69
incl. 294.2 395.1 100.9 0.74 0.42 146.0 0.56 32.8 0.95
incl. 302.9 421.3 118.4 0.77 0.41 132.3 0.55 31.0 0.93
incl. 302.9 365.3 62.3 0.88 0.57 188.8 0.69 33.2 1.21
incl. 304.9 415.0 110.2 0.79 0.42 137.7 0.57 31.5 0.95
incl. 304.9 367.0 62.1 0.88 0.56 187.0 0.69 33.3 1.20
H023 56.7 470.0 413.3 0.51 0.22 89.1 0.25 29.1 0.46
incl. 67.9 400.3 332.4 0.55 0.25 97.4 0.29 30.5 0.53
incl. 67.9 346.2 278.3 0.64 0.28 107.3 0.32 30.6 0.58
incl. 186.3 226.7 40.4 0.44 0.61 131.1 0.35 25.1 0.86
incl. 270.6 381.6 110.9 0.33 0.36 95.6 0.47 32.5 0.78
H026 189.8 310.5 120.7 0.18 0.22 86.5 0.25 32.5 0.46
H027 7.6 369.1 361.5 0.32 0.21 71.5 0.21 27.5 0.41
incl. 7.6 33.6 26.0 1.80 0.58 97.5 0.37 26.6 0.86
incl. 162.4 369.1 206.7 0.20 0.28 67.4 0.28 29.7 0.52
incl. 203.0 272.7 69.7 0.37 0.51 92.3 0.53 29.3 0.96
incl. 214.0 266.8 52.8 0.39 0.57 88.2 0.59 29.0 1.05
H028 320.6 427.4 106.9 0.66 0.20 60.2 0.21 31.6 0.40
H031 221.5 522.1 300.6 0.33 0.19 81.4 0.29 30.3 0.47
incl. 237.9 527.0 289.2 0.33 0.19 78.5 0.29 30.5 0.47
incl. 399.3 522.1 122.8 0.56 0.21 84.8 0.41 35.3 0.61
H034 9.0 701.3 692.3 0.43 0.17 77.1 0.25 26.1 0.42
incl. 49.0 599.3 550.3 0.49 0.20 88.9 0.29 26.3 0.49
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
incl. 133.7 599.3 465.6 0.49 0.22 92.3 0.33 25.9 0.55
incl. 210.8 660.9 450.1 0.51 0.23 83.3 0.35 26.1 0.57
incl. 326.4 561.4 235.0 0.76 0.34 105.5 0.51 23.8 0.82
incl. 337.7 684.9 347.2 0.60 0.26 81.9 0.39 25.2 0.63
incl. 402.3 684.9 282.6 0.70 0.28 85.9 0.44 26.5 0.70
incl. 442.0 540.2 98.2 1.51 0.63 159.1 0.93 26.1 1.48
H035 164.8 387.0 222.2 0.57 0.19 68.6 0.27 25.3 0.45
incl. 260.0 377.0 117.0 0.83 0.22 82.1 0.45 26.4 0.66
H036 295.3 602.0 306.7 0.47 0.20 47.2 0.28 24.3 0.45
incl. 302.0 414.0 112.0 0.61 0.22 54.3 0.34 25.4 0.54
H052 24.4 531.0 506.6 0.29 0.18 116.4 0.20 31.7 0.39
incl. 183.0 523.8 340.8 0.36 0.24 132.4 0.27 31.6 0.52
incl. 201.0 523.8 322.8 0.37 0.25 136.7 0.28 31.9 0.54
incl. 252.0 526.3 274.3 0.38 0.30 146.3 0.32 31.9 0.62
incl. 252.0 463.2 211.2 0.45 0.35 165.3 0.37 30.4 0.71
incl. 351.0 463.2 112.2 0.33 0.54 177.4 0.46 31.5 0.95
H054 180.0 600.7 420.7 0.39 0.19 87.2 0.20 29.5 0.38
incl. 186.0 469.2 283.2 0.49 0.24 102.2 0.23 26.8 0.46
incl. 304.7 469.2 164.5 0.61 0.38 136.9 0.32 27.5 0.68
incl. 325.9 469.2 143.3 0.64 0.43 134.6 0.36 27.3 0.75
H058 519.3 645.0 125.8 0.78 0.22 82.7 0.49 33.0 0.70
incl. 535.4 645.0 109.6 0.86 0.24 87.8 0.54 32.1 0.77
H062 56.4 103.0 46.6 1.08 0.22 76.2 0.21 39.9 0.42
incl. 63.0 64.0 1.0 27.80 4.01 284.0 4.42 16.2 7.71
H063 272.4 339.0 66.6 0.25 0.89 126.4 0.13 20.0 0.85
incl. 277.4 336.0 58.6 0.28 1.00 135.6 0.14 19.5 0.95
incl. 279.0 330.0 51.0 0.31 1.12 146.2 0.16 18.4 1.05
incl. 302.0 303.0 1.0 1.37 18.40 2330.0 1.87 4.8 16.57
incl. 319.5 330.0 10.5 0.97 2.25 266.0 0.44 22.8 2.23
incl. 319.5 320.5 1.0 3.49 13.40 1975.0 1.95 5.1 12.81
H067 66.0 430.4 364.4 0.32 0.33 128.5 0.21 31.3 0.52
incl. 66.0 381.0 315.0 0.36 0.38 140.7 0.24 30.0 0.59
incl. 78.4 542.5 464.2 0.29 0.28 112.0 0.19 31.6 0.45
incl. 93.7 304.0 210.4 0.48 0.47 170.0 0.32 30.3 0.76
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
incl. 110.0 339.0 229.0 0.45 0.48 176.5 0.31 29.6 0.76
incl. 196.0 309.3 113.3 0.54 0.75 235.3 0.52 26.7 1.20
incl. 267.0 315.0 48.0 0.76 1.60 337.5 1.03 23.5 2.38
incl. 278.0 309.3 31.3 1.15 2.44 484.4 1.57 20.3 3.62
incl. 279.0 304.0 25.0 1.41 3.03 571.3 1.95 19.6 4.47
incl. 298.0 302.0 4.0 3.61 8.29 714.1 6.94 16.0 13.42
H069 232.0 367.0 135.0 0.67 0.18 66.4 0.30 19.9 0.47
incl. 252.0 367.0 115.0 0.76 0.20 70.8 0.33 19.3 0.51
H070 63.0 189.0 126.0 0.50 0.32 95.5 0.21 23.9 0.49
incl. 107.0 154.0 47.0 0.68 0.67 104.9 0.31 23.1 0.86
incl. 107.0 134.0 27.0 0.96 1.04 141.2 0.44 21.7 1.29
incl. 128.0 134.0 6.0 2.46 2.53 424.5 1.02 20.0 3.11
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: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%.
* 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.
Core Samples
Drill cores are processed at the Hat camp by a n initial of examination by a senior geologist followed by detailed
measurement and half-core sampling. One core half is retained at site for possible future re-examination and/or re-
sampling for confirmation purposes , the other half is given a unique identification number, bagged and securely
forwarded to an independent ISO -certified analytical laboratory for assaying. All standard QA/QC protocols are
observed. Significant drill hole data and assay results will be released when received from the laboratory.
Doubleview maintains a website at www.doubleview.ca. where previous assay results can be viewed.
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
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
A mineral resource exploration and development company is headquartered in Vancouver, British Columbia,
Canada. It is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038],
and [Frankfurt: 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 forwar d 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 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 0.2% CuEq cut-off resource estimate,
as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024 news release, is
summarized below:
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
Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm
(0.004%) Sc2O3.
For further details, please refer to the Company’s July 25, 2024 news release.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview
Vancouver, BC Farshad Shirvani
President & CEO
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
Institutional Investor Line: (604) 607-5470
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.
Certain of the statements made and information contained herein may constitute “forward -looking
information.” In particular references to the Mineral Resource Estimate 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 w e 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.