Doubleview Gold Corp (TSX-V:DBG) has resumed drilling at its Hat Project in Northern British Columbia where prior to brief stoppage work had included 3,460m of drilling.
The current work builds upon the extensive database of technical and statistical models used in preparation of the company’s first mineral resource estimate (MRE) that was announced last week.
President and CEO Farshad Shirvani says the company shifted its focus from building an initial resource at the polymetallic Hat deposit to expanding the same.
“Several opportunities to improve the maiden resource were identified which we want to realise promptly during this year’s field season, including very targeted drilling,” Shirvani says.
The main objectives of the 2024 drilling program are to improve grade and further explore mineralisation trends identified by statistical and geological models and interpretations, as well as to conduct in-fill drilling in areas where drillholes are sparce or overly widespread and better define the mineral deposit’s envelope.
Doubleview Gold adds that the program will target areas of shallower mineralisation to improve grade and tonnage prior to a future version two of the MRE.
The current parameters of the MRE-V1 have been carefully examined using statistical and geological models to guide the 2024 exploration and further develop the Hat deposit, the company says.
The MRE reports the project has an indicated resource of 150 million tonnes and an inferred resource of 477Mt at 0.2% copper equivalent cut-off grade. Doubleview Gold notes the scandium potential for the Hat deposit is estimated to be 300 to 500 million tonnes at an average grade of 40ppm (0.004%) Sc2O3.
Doubleview has a focus on uncovering and harnessing the potential of valuable mineral resources, including copper, scandium, gold, silver, and other precious metals.
Write to Adam Orlando at Mining.com.au
Images: Doubleview
