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General mining & base metals

Doubleview Gold releases positive assay results from Hat copper-gold project

Doubleview Gold has released additional assay results from drilling at its copper-gold Hat project located in northwestern British Columbia.

Drilling focused on the Lisle copper-gold-cobalt-scandium mineral zone at the project, the company said.

Drill holes H038, H039 and H040 explored the north extensions of the Lisle Zone, hole H041 explored the far east extension, and holes H042 and H043 explored the west extensions.

Highlights from the assay results were H038 which intercepted 440.3 meters with 0.82% copper equivalent (Cu Eq) from surface, including 186 meters with 0.89% CuEq; H041 which intercepted 485 meters with 0.81% Cu Eq from 66m depth, including 125 meters with 0.96% Cu Eq; and Drill hole H043: intercepted 280.2 meters with 0.79% Cu Eq from near surface, including 149 meters with 0.98% Cu Eq.

Doubleview CEO Farshad Shirvani said the company’s polymetallic Hat property may become a significant source of strategically important metals.

“Assay results have shown many long intervals of elevated values of copper, cobalt, scandium and other critical metals, potentially making it a unique and valuable domestic resource to supply scarce metals required by advanced technologies,” he said in a statement.

“The company currently is conducting metallurgical research into several innovative cost-effective and environmentally friendly low-temperature extraction processes that we believe will make Doubleview's Hat project an important source of critical metals that are vital to the growth and evolution of Canada's climate-related initiatives.”

Doubleview is a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, that identifies, acquires and finances precious and base metal exploration projects in North America.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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