Doubleview Mobilizes Exploration Team to HAT Project and Receives New Exploration Permit
Doubleview Gold Corp (“Doubleview”), (the “Company”) (TSX-V:DBG) is pleased to announce commencement of its 2020 program of exploration drilling at the Company’s 6,308-hectare Hat Project in northwestern British Columbia. Previous drilling at the Hat Project confirmed the presence of a very large area of gold-copper porphyry mineralization, known as the Lisle Zone, that has not been delimited in any dimension.
Company personnel will mobilize to the property on or about July 19 and contractor personnel will follow as soon as the camp is ready. The camp will be organized in accordance with requirements of Provincial Covid-19 guidelines to ensure the comfort and safety of employees and contractors.
“The objective of the 2020 season is to define the extent of porphyry mineralization at the Hat Project, and our drill targets are positioned to also highlight the Gold component shown by our most recent drill holes” said Doubleview President and CEO Farshad Shirvani. “The Lisle zone is wide open for expansion and this year’s drilling will give us a much better indication of its potential.”
Drilling in 2020 will explore the Lisle zone at greater depth and start the evaluation of several nearby large coincident geological, geophysical and geochemical gold-copper anomalies that may be extensions of the Lisle Zone. These anomalies have never been drill-tested.
As announced previously, hole H-034, the most recent drill hole, intersected 235m of 1.04 g/t AuEq (0.76 % CuEq) within a greater interval of 612m of 0.58 g/t AuEq (0.42% CuEq) (news release, July 3, 2020). This is the strongest mineralization drilled on the property and is a very compelling target for follow-up that will be highest priority when drilling resumes.
In addition to diamond drilling, the 2020 program will include completion of an archaeological assessment of the property.
Doubleview also announces that it has received its exploration permit MX-1-872, a five year permit, valid to March 31, 2025, for 45 drill sites on the Hat Project.
Qualified Persons:
Erik Ostensoe, P. Geo., a consulting geologist and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder of the company.
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