Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) has announced the successful completion of its 2023 exploration and drilling program at the Hat Polymetallic Project in British Columbia’s Golden Triangle region.
The mineral resource exploration and development company said it drilled about 10,500 meters at an estimated 40% of the industry standard costs for a similar drilling campaign.
"Accomplishing many goals for the Hat Deposit, our projections reveal significant potential for lateral and depth extensions of this copper-gold deposit, enriched with cobalt and scandium," Doubleview Gold CEO Farshad Shirvani said in a statement.
"Importantly, the drilling and exploration program adhered to our projected budget," he added.
Doubleview noted the comprehensive program was the largest work program to date at the Hat project, with the primary focus of examining the dimensions and characteristics of copper, gold, scandium, and cobalt mineralization within the Main Lisle Zone of the Hat deposit and its environs.
It added that a key objective was to enhance connectivity between the deposit envelopes of the Main Lisle deposit and surrounding volumes, creating a cohesive united mass.
Doubleview also stated that the final achieved and explored volume will serve as the domain envelope for the NI 43-101 maiden resource estimate, anticipated to be disclosed in the first quarter of 2024.
Doubleview Gold is a mineral resource exploration and development company that identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia.
The company increases shareholder value through the acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods.
Contact Sean at sean@proactiveinvestors.com