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Exploration Crew Mobilizing to Re-Activate the Hat Camp in Preparation for Drilling
VANCOUVER, BC / ACCESSWIRE / Sptember 30, 2019 / Doubleview Capital Corp. ("Doubleview") ("th...
About this update from Doubleview Gold Corp.
[{"type":"text","content":"Exploration Crew Mobilizing to Re-Activate the Hat Camp in Preparation for DrillingVANCOUVER, BC / ACCESSWIRE / Sptember 30, 2019 / Doubleview Capital Corp. (\"Doubleview\") (\"the Company\") (TSX-V:DBV)(OTC:DBLVF)(FRANKFURT:1D4) is pleased to announce that an exploration and drilling crew is in the process of re-opening the Company's Hat Camp in preparation for resumption of core drilling at the Hat Project in Northern British Columbia. The camp facilities and drilling rig are being readied for the anticipated start of drilling in early October. Permitting and financing are in place and a drill is already situated on the property. A further news release will be issued when drilling has begun.\"With its robust current cash position, new financing and resumption of management of the Hat Project, Doubleview is in a prime position to rapidly develop the known and prospective targets.\"The Hat gold-copper deposit was discovered in the 2014 season and expanded in subsequent drilling campaigns. The dimensions of the deposit, referred to as the \"Lisle Zone\", have not been determined but long drill hole intercepts indicate that important Gold-Copper mineralization is present. The following table of previously announced drill hole intercepts illustrates selected gold-copper values encountered at Hat 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.270.6350.71130.440.590.4180.11.031.22Cu Eq(%) and Au Eq(g/t) : Are calculated based on Cu @$2.60/lb, Au @$1503/oz, Ag @$17.5/oz, Co @$17/lbIn 2018 the database of Hat Property technical information was greatly increased by a comprehensive program of field work that applied state-of-the-art methods in outlining significant geophysical and geochemical details in the Lisle Zone and, importantly, elsewhere on the Hat property. The current drill program will be directed to parts of the Lisle Zone and to others of the newly recognized areas with similar but untested characteristics. A particularly appealing target that was developed is a strong geophysical anomaly located adjacent to the Lisle Zone that was extended to the effective limits of...