Doubleview Gold (TSX-V:DBG) continues to extend the ‘gold rich zone’ within the South Lisle Zone following analyses from 3 Hat property drillholes.
The Hat porphyry project is located in the Stikine mining district of northwestern British Columbia, Canada and contains several of North American critical metals including copper, cobalt, and scandium.
The company says 2023 program of drilling explored and confirmed southern and southwestern continuations of the Lisle zone of porphyry-style mineralisation and showed strong metal values and broad dimensions, as well as a previously unrevealed area of high gold and cobalt values.
Assay data from an additional 5 drillholes will be released as soon as it has been confirmed.
Farshad Shirvani, President and Chief Executive Officer says the latest drillholes confirm the ‘very impressive’ dimensions of the Hat deposit and the persistent strong values in copper, gold, cobalt, silver and scandium.
“All of which are important in the global effort to identify and produce metals vital to new and developing technologies to supplement or replace traditional energy sources.”
Scandium is one of the rarest critical metals group deemed critical metals by the Canadian and American federal governments.
The Hat property comprises 5,200 hectares in 10 mineral tenures and is located in northwestern British Columbia, 95km southwest of Dease Lake and 190km south of Atlin. It is immediately east of the Coast Mountains and south of Level Mountain, a large inactive shield-type volcano.
Current access is by fixed-wing aircraft from Dease Lake or Whitehorse to the nearby airstrip or by helicopter directly to the Hat project camp. The recently completed Northwest Transmission Line brings electric power to within 120km and Highway 37, an all-weather hard surfaced road, is 95km east.
Doubleview Gold is a mineral resource exploration and development company based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange.
Doubleview identifies, acquires, and finances precious and base metal exploration projects in North America, particularly in British Columbia. The company’s portfolio of strategic properties provides diversification and mitigates investment risks.
Write to Adam Orlando at Mining.com.au
Images: Doubleview
