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Doubleview Announces Drilling at the Hat Polymetallic Deposit
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Doubleview Gold Corp (TSXV: DBG) ...
About this update from Doubleview Gold Corp.
[{"type":"text","content":"\nDoubleview Announces Drilling at the Hat Polymetallic DepositVancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (\"Doubleview\" or the \"Company\") is pleased to announce resumption of drilling at its Hat Project in Northern British Columbia where, prior to a short worker relief stoppage, work had included 3,460 metres of drilling. As detailed below, current work builds upon the extensive database of technical and statistical models used in preparation of the Company's first Mineral Resource Estimate (\"MRE - V1\") that was announced last week.The Mineral Resource Estimate reported:Micon International Limited authored the MRE and fulfilled the criteria for an MRE to meet the definition of potentially economic extraction.An indicated resource of 150 million tonnes (Mt) and an inferred resource of 477 Mt at 0.2% copper equivalent (\"CuEq**\") cut-off grade* or An indicated resource of 1.353 billion pounds (Blb) of CuEq at 0.408% CuEq, which includes 733 Mlb of copper, 28 Mlb of cobalt, 929 thousand ounces of gold and 2 million ounces of silver andAn inferred resource of 3.619 Blb of CuEq at 0.344% CuEq cut-off grade, which includes 1.945 Blb of copper, 91 Mlb of cobalt, 2.328 million ounces of gold and 7.575 million ounces of silver.The 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 more detailed information on the mineral resource estimate, please see the Company's news release dated July 25, 2024.The main objectives of the 2024 drilling program are to:Improve grade and further explore mineralization trends identified by statistical and geological models and interpretationsConduct in-fill drilling in areas where drill holes are sparce or overly widespread and better define the mineral deposit's envelopeTarget areas of shallower mineralization to improve grade and tonnage prior to a future \"Version 2\" MREEnhance our complete database to guide future exploration and resource estimates The current parameters of the MRE-V1 have been carefully examined using statistical and geological models to guide the 2024 exploration and further develop the Hat deposit.Initial 2024 drilling was focused on the central Lisle Zone to better define the mineralization, confirm its west...