Doubleview Resumes Exploration Program for Drilling Program
The exploration team will prepare drill sites, the camp and will coordinate with local suppliers and the Tahltan Central Government's employment and contracting department for the upcoming drilling campaign.
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2021) - Doubleview Gold Corp. (TSXV: DBG) (OTC PINK: DBLVF) (FSE: 1D4) ("Doubleview") is pleased to announce that it has mobilized a geological and site preparation team in anticipation of the Company's 2021 summer/fall drill program at its 100% owned Gold rich Copper HAT property, a polymetallic project located in Northwest British Columbia, situated in the Golden Triangle of the Tahltan First Nation's traditional territory. The exploration team will prepare drill sites, the camp and will coordinate with local suppliers and the Tahltan Central Government's employment and contracting department for the upcoming drilling campaign. The drilling program is to begin as soon as possible.
Site preparation will concentrate on the Lisle Zone North of the Hat deposit, as well as the eastern and southern areas of the deposit. The locations shown in the illustration below will be the anticipated phase I drilling sites that are subject to minor changes as per the onsite geologist's review.
Additionally, the geological team will verify the drill core on site with the geological model that is now further refined considering the recent drill results.
"The upcoming and well anticipated exploration program will be Doubleview's first program based on its recently updated database, with the potential to contain economically significant, critical metals that now define HAT as a polymetallic deposit. It is anticipated that this next phase of drilling will test the northern and eastern limits of the HAT deposit, providing the data necessary to develop a resource estimate and model. We look forward to working collaboratively with Tahltan service providers as exploration commences" President and CEO, Mr. Farshad Shirvani stated.
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About the Hat Project:
The Hat Property is considered a probable porphyry gold-copper deposit with characteristics similar to those of many of British Columbia's major deposits. Sulphide mineralization, primarily chalcopyrite, occurs in fracture zones in dioritic intrusive rocks and strongly altered andesitic volcanic and volcaniclastic rocks of Upper Triassic age.
Doubleview acquired the Hat Property in 2011 and has conducted several programs of exploration.
About Doubleview Gold Corp
Doubleview Gold Corp, a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange [TSXV: DBG]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: [email protected]
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview's control. Such factors include, among other things: risks and uncertainties relating to Doubleview's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.
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