Significant Cobalt Recovery a Major Upgrade at the Hat Copper -Gold-Cobalt Deposit in the Golden Triangle
Doubleview Gold Corp
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:604.683.8260
W:www.doubleview.ca
Date: 10/05/2021
Significant Cobalt Recovery a Major Upgrade at the Hat Copper -Gold-Cobalt Deposit in the Golden
Triangle
Doubleview Gold Corp (“Doubleview”, the “Company”) (TSXV:DBG) (OTC:DBLVF) (FRANKFURT:1D4) is
pleased to announce excellent results from its initial metallurgical tests on materials from its 100% owned
Hat Copper -Gold-Cobalt deposit, located in the Golden Triangle region of Atlin Mining District in
Northwest British Columbia. The initial metallurgical extraction studies were designed to evaluate the
characteristics of mineralization and the potential recoverability of component metals. In particular,
attention was directed to Cobalt, an increasingly valuable and sought-after commodity that only in recent
years has become a potentially important economic contributor to Hat resources.
For testing purposes, a composite sample, compiled from selected drill core analytical sample pulps, was
processed by crushing and grin ding and then divided into two sub-samples: “Gravity” and “Composite”.
“Composite” went directly to flotation, “Gravity” was gravity separated to remove free gold and the
samples were each subjected to the same flotation sequence to produce a high gold-copper concentrate
with low cobalt and a pyrite concentrate with high cobalt. Recoveries are shown in the accompanying
table:
HAT Flotation Results - Indicated grades and Recoveries
Metal Grade Recovery(%)
Sample Gravity Tails Composite Gravity Tails Composite
Head
Cu (%) 0.2 0.21
Co(ppm) 132 131
Au(g/t) 0.36 0.32
Gravity Concentrate
Au(g/t) 11 11
Copper Concentrate
Cu (%) 27 14 81 76
Co(ppm) 470 1160 19 26
Au(g/t) 7 12 54 64
Pyrite Concentrate
Cu (%) 0.1 0.1 5 6
Co(ppm) 2620 2530 49 48
Au(g/t) 3 3 21 23
Combined Concentrates
Cu (%) 86 82
Co(ppm) 68 74
Au(g/t) 86 87
Doubleview Gold Corp
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:604.683.8260
W:www.doubleview.ca
The initial flotation tests demonstrate that it is possible to produce a high gold, low cobalt -copper
concentrate and a high cobalt, low gold pyrite concentrate. Further optimization work will aim to improve
selectivity, grades and recoveries.
Additional mineral samples have been submitted for QEMSCAN (“Quantitative Evaluation of Minerals by
Scanning Electron Microscopy”) to better understand the mineralization of Hat polymetallic deposit and
the nature of flotation tails losses, these results will be announced in due course.
Metallurgical investigations have been conducted by Sepro Mineral Systems, Sepro Laboratories Inc. of
Langley, B. C., under the supervision and guidance of EUR ING Andrew Carter, B.Sc. CEng. MIMMM,
MSAIMM, SME, Technical Di rector of Coffey, a Tetra Tech Company. Tetra Tech provides metallurgical
consulting and development services to the resources sector and the extractive mineral and metallurgical
industries.
Mr. Farshad Shirvani, President and CEO of Doubleview Gold Corp. , states that “I am pleased with the
exceptional initial metallurgical results from the Hat Polymetallic Deposit recovery test work. The newly
received data is especially timely as copper, gold and cobalt prices are close to all-time high levels. Market
demand for these and other metals, including nickel, palladium and scandium, critical to the rapidly
expanding and evolving alternative energy and automotive industries, appears to have almost unlimited
upside as worldwide decarbonization efforts gain mome ntum. The Hat deposit has such potential to
contribute to Canada’s future as it is poised, and is morphing into, what I believe a Saudi Arabia of strategic
metals.”
On March 11, 2021, Canada unveiled its Critical Minerals List that can be view ed by following the link
below. The list includes 31 minerals considered integral to the Canadian economy.
https://www.nrcan.gc.ca/our-natural-resources/minerals-mining/critical-minerals/23414
Qualified Persons:
EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Coffey, Tetra Tech is Doubleview’s
Qualified Person with respect to the Hat Project Metallurgical Studies as defined by National Instrument
43-101 Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical
contents of this news release. He is independent of Doubleview.
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], [OTCBB:
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
Doubleview Gold Corp
TSX.V: DBG
OTC: DBLVF
FSE: A1W038
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:604.683.8260
W:www.doubleview.ca
the application of ad vanced state -of-the–art exploration methods. Doubleview’s portfolio of strategic
properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, M.Sc. Geology
President and CEO
For further information please contact:
Doubleview Gold Corp
Vancouver, BC, V6C 1V5
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 actua l 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 requi red 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 TS X VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.