Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) announced that drilling at its polymetallic Hat project in British Columbia’s Golden Triangle has extended the Lisle deposit 240 metres south and resulted in the discovery of the highest gold grades to date at the project.
The company said the area expanded area, called the Gold Rich Zone, will increase the volume of mineralization which will be included in the project’s maiden resource estimate expected in the first quarter of 2024.
Highlights included drill hole HO63 which returned 0.21 grams per ton (g/t) of gold over 405 metres and the highest to-date gold drill sample of 18.4 g/t/ gold over 1 metre.
The company added that the Gold Rich Zone also assayed similarly high values for scandium as seen in other parts of the deposit, including 25.5 g/t over 405 metres.
"The Hat project continues to deliver high values of its principal metals, copper and gold, with strong support from critical metals cobalt and scandium. It is compelling to observe how the deposit evolves when new drill data gets analyzed and how the different zones that we are discovering, add to the evolution of the Hat polymetallic porphyry deposit,” Doubleview CEO Farshad Shirvani said in a statement.
“I am very much looking forward to receiving additional assay results currently undergoing analytical analysis, followed by the receipt of the resource estimate and to joining our team in planning the 2024 season that will include further investigation of the newly expanded Gold Rich Zone."
Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia.