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Doubleview Announces New Discovery at Hat Gold Copper Porphyry Located at South Extension of the Lisle Deposit
VANCOUVER, BC / ACCESSWIRE / January 20, 2020 / Doubleview Capital Corp. ("Doubleview") ("the...
About this update from Doubleview Gold Corp.
[{"type":"text","content":"Doubleview Announces New Discovery at Hat Gold Copper Porphyry Located at South Extension of the Lisle DepositVANCOUVER, BC / ACCESSWIRE / January 20, 2020 / Doubleview Capital Corp. (\"Doubleview\") (\"the Company\") (TSXV:DBV)(OTC PINK:DBLVF)(FRANKFURT:1D4) announces discovery of new mineralized zone located south of the Lisle Deposit and completion of its 2019 drilling program at its Hat Gold-Copper Porphyry deposit.Doubleview in late 2019 deepened one hole (H-026) at the Lisle Deposit and, as detailed in Table 1, drilled four holes (H-031 - H-034) that were directed to a large zone of high chargeability/high magnetic susceptibility located southwest of the Lisle that was identified in 2018 by 3D induced polarization, resistivity and magnetic geophysical surveys. Sulphide mineralization was intersected in all drill holes and included an intercept of near-massive chalcopyrite and magnetite that may represent an important new mineral zone or an extension of the Lisle Deposit. Several other robust exploration targets were identified by the geophysical survey and remain to be evaluated by drilling. The camp was winterized and closed on December 17. All drill core samples have been delivered to an independent analytical lab where they are being analysed for gold, silver, copper, cobalt and other elements. Analytical data, when received, will be reported.DH #NorthEastDirectionInclinationFrom (m)To (m)Total Depth (m)H0263480266454365160-60(Extended) 562.7953.0953.0H0313476926453908110-800741.0741.0H0323476926453908190-850111.0111.0H0333478706453938110-800289.45289.45H0343478706453938200-700701.25701.25Table 1: 2019 Drill HolesTable 2 includes selected data from previous (2013 - 2016) drilling that discovered and partially outlined the Lisle Deposit. It is too early to determine the relationship of the newly discovered mineralization to the Lisle Deposit.DDH From (m)To(m)Co (ppm)Au (g/t)Cu (%)Ag (g/t)Length (m)CuEq(%)AuEq(g/t)H022 45.5463.8880.250.250.40418.30.520.61H022Incl.304.9415.01380.420.570.80110.11.021.21H023 56.7513.0850.200.240.50456.30.470.56H023Incl.67.9400.3970.250.290.55332.40.570.68H023Incl.190.6225.51420.680.380.4934.91.051.24H023Incl.270.6350.71130.440.590.4180.11.031.22Table 2: Selected Lisle Deposit Drill Holes (from 2013 to 2016)Cu Eq(%) and Au Eq(g/t): Are calculated based on Cu @$2.60/lb, Au @$1503/oz, Ag @$17.5...