Drilling has now surpassed 7,500m at Doubleview’s (TSX-V:DBG) polymetallic Hat mineral deposit in Northern British Columbia with first assay results of the 2024 drilling season imminent.
The drilling program will expand the mineral resource, infill areas with limited drill data, and extend the lateral and depth boundaries of the existing resource envelope, which remains open in all directions and at depth.
Doubleview reports that the 2024 drill targets recognise the mineral resource block model from the recently completed mineral resource estimate (MRE) and is set to increase the resource and upgrade the confidence level of the resource categories.
The drilling has met the company’s expectations, with visual results aligning with and confirming the block model’s projections.
Doubleview CEO Farshad Shirvani says year by year, the size of the Hat deposit has been increased by very targeted drilling, bringing it to a footprint of about 1.5km x 1.38km.
“Our technical and management team has excelled in this endeavour. Furthermore, we’ve discovered numerous additional elements within the Hat deposit that may become significant and enhance the resource: the Hat deposit may be unique among British Columbia’s many,” the CEO says.
“Recent moves by the governments of Canada and British Columbia to recognise the importance of critical minerals and announce targeted infrastructure investments in support of our industry and the many communities and businesses that directly benefit.”
The Hat deposit hosts several critical minerals as defined in the Canadian Critical Minerals Strategy, including copper, cobalt and, potentially, scandium, and possibly others.
Write to Adam Orlando at Mining.com.au
Images: Doubleview
