Doubleview Provides Update on HAT Project 2021 and 2022 Drill Data
Doubleview Provides Update on HAT Project
2021 and 2022 Drill Data
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2023) -
Doubleview Gold Corp.
(TSXV:
DBG) (OTCQB: DBLVF) (FSE: 1D4)
("Doubleview")
is pleased to provide additional information
regarding outstanding analytical information from its 2021 four drill-hole program that totalled 2,476
meters. Assay results will be released in the near future. Furthermore, analytical results from
Doubleview's 2022 drill program that comprised 8 holes with total length 3,433 metres, are being
received from the laboratory and will be released as soon as they have been compiled and verified.
To
date, Doubleview has drilled 51 holes at the HAT deposit totalling more than 20,750 meters.
The Company's robust quality assurance - quality control ("QA/QC") process, which among other things,
tracks the chain of custody of drill samples, after many delays, in consultation with the independent assay
lab, determined that some of the 2021 samples were lost. Although the entire transfer route from the
property to the lab was re-evaluated and double-checked and to ensure that the samples were not simply
mislaid or misdirected,
the exact cause of the loss was
not
identified.
When 2022 property work began, missing core intervals were re-sampled by re-sawing the remaining
half-cores. The replacement samples thus were quarter cores. The Company may consider re-drilling the
drill holes in question at a future date but it has been determined that is not necessary at this point.
Following this serious failure of sample custody, the Company's QA/QC procedures were thoroughly
reviewed and even further strengthened and were in effect during the 2022 drill program.
Quality Assurance & Quality Control
Hat Project drill core handling procedures were developed to ensure the integrity of data.
Cores are
delivered securely to a central processing facility where, after being photographed, weighed, measured
and logged, they are halved by sawing with one half sent for analysis and one-half retained for future
reference.
Individual sample lengths vary and are based on geologic characteristics as determined by
the on-site geologist. The stream of samples sent to the lab includes blank, duplicate and certified
reference samples.
Samples are bagged individually, weighed and placed in labelled rice bags for
transfer to an ISO 17025 and ISO 9001 standards compliant analytical lab. The lab is independent of
Doubleview and maintains rigorous internal monitoring procedures to ensure reliability of assay and
analytical results.
Samples were analysed for gold by fire assay with atomic absorption finish 48 other elements by four
acid digestion with ICP-MS finish.
Doubleview's 2022 drill program comprised of 8 drill holes totalling 3,433 meters. Analytical results are
currently arriving from the laboratory and will be released as soon as they have been compiled and
verified.
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 of 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 (TSXV:
DBG)
, (OTCQB:
DBLVF
), (WKN:
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 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
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/157061