Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) said it has resumed drilling operations at its Hat project in Northern British Columbia.
The current drilling program aims to refine and expand on the findings from the initial Mineral Resource Estimate, released last week, which outlined an indicated resource of 150 million tonnes (Mt) at a 0.2% copper equivalent (CuEq) cut-off grade, which translates to 1.353 billion pounds (Blb) of CuEq, including 733 million pounds (Mlb) of copper, 28 Mlb of cobalt, 929 thousand ounces of gold, and 2 million ounces of silver.
The inferred resource is 477 Mt at the same cut-off grade, amounting to 3.619 Blb of CuEq, which comprises 1.945 Blb of copper, 91 Mlb of cobalt, 2.328 million ounces of gold, and 7.575 million ounces of silver.
Additionally, the scandium potential is estimated at 300 to 500 million tonnes with an average grade of 40 ppm Sc2O3.
Doubleview said that its 2024 drilling program aims to enhance mineralization trends, refine deposit boundaries through in-fill drilling, and target shallower mineralization to improve grade and tonnage.
Initial drilling efforts in 2024 concentrated on the central Lisle Zone, aiming to better define the mineralization and confirm its extension.
"We shifted our focus from building an initial resource at the polymetallic Hat deposit to expanding the same,” CEO Farshad Shirvani said in a statement.
“Several opportunities to improve the maiden resource were identified which we want to realize promptly during this year's field season, including very targeted drilling."