Latest news with #DoubleviewGoldCorp
Yahoo
27-05-2025
- Business
- Yahoo
Doubleview Gold Corp Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce that it is raising flow-through funds by way of a non-brokered private placement (the "Offering") for aggregate proceeds of up to $750,000. Each flow-through share (the "FT Share") will be issued at a price of $0.75. Each FT Share of the Company qualifies as a "flow-through share" within the meaning of subsection 66(15) the Income Tax Act (Canada) (the "ITA"). The proceeds of the sale of the FT Shares will be used for contribution and maintenance of the Company's exploration work on its BC projects, particularly for the polymetallic Hat Project, located in northwestern BC. This work includes drilling, geological advisory and analytical services as well as other development work. Pursuant to applicable Canadian securities laws and in accordance with the Exchange policies, all securities issued under this Offering will be subject to applicable resale restrictions under applicable securities laws and to the Exchange hold period of four-months and one day from the date of issuance. Doubleview may pay a finder's fee in cash and/or shares in connection with the private placement. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. About Doubleview Gold Corp A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques. Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector. About the Hat Polymetallic Deposit The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:Average Grade Metal Content Open Pit Model Hat Resource Category Tonnage CuEq Cu Co Au Ag CuEq Cu Co Au Ag Mt % % % g/t g/t millionlb millionlb millionlb thousand oz thousand oz In Pit Indicated 150 0.408 0.221 0.008 0.19 0.42 1,353 733 28 929 2,045 Inferred 477 0.344 0.185 0.009 0.15 0.49 3,619 1,945 91 2,328 7,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3. For further details, please refer to the Company's July 25, 2024 news release. Qualified Person: 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 written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company. On behalf of the Board of Directors, Farshad Shirvani, President & Chief Executive Officer For further information, please contact: Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: corporate@ NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise. To view the source version of this press release, please visit
Globe and Mail
31-03-2025
- Business
- Globe and Mail
Doubleview Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company or "Doubleview") announces it has granted incentive stock options to certain officers, directors and consultants of the Company to acquire an aggregate of 1,900,000 common shares in the capital of the Company at an exercise price of $0.80 (the "Options") in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring March 31, 2030, and will become fully vested immediately. 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) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4). 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. The Company'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: corporate@ NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise. To view the source version of this press release, please visit
Associated Press
05-02-2025
- Business
- Associated Press
Doubleview Gold Corp Increases the Dimensions of the Hat Polymetallic Deposit with High-Grade and Extensive Mineralization in Drill Holes H075 to H077
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the 'Company' or 'Doubleview') is pleased to announce further drill hole results from the 2024 drill campaign at its 100% owned Polymetallic Hat Porphyry Project, located in northwestern British Columbia. Long copper-gold-silver-cobalt intercepts in Drill holes H075, H076 and H077 expand the mineralization and potentially will increase the Hat Project's resource in size and grade. 2024 Exploration: The 2024 drilling program was designed to confirm the integrity of the resource estimate categories, particularly the indicated resource figures and potentially to allow elevating part or all to a measured resource. Holes were directed to intersect shallow mineralization and to further explore high grade zones. Drilling has confirmed the continuity of mineralization indicating that the deposit exhibits greater consistency than typically expected of a porphyry-style deposit. Important Drill hole Intercepts: [This table cannot be displayed. Please visit the source.] Detailed High-Grade Results: a) DDH H075: The high-grade intercepts are tabulated below: [This table cannot be displayed. Please visit the source.] Additionally, drill hole H075 has significant mineralization from 45 metres depth to 341 metres, with 0.40% CuEq. (including 0.23% Cu and 0.16 g/t Au). b) DDH H076: Drill hole H076 was mineralized from near surface with stronger gold and silver values. As illustrated in the following table, gold values over long intervals are among the highest recorded on the property. [This table cannot be displayed. Please visit the source.] c) DDH H077: Drill hole H077 intercepted strong copper-silver-cobalt mineralization over more than 408 metres length. The 904 g/t cobalt over 4 meters from 352 meters depth demonstrates the wide array of elements which make the Hat Polymetallic Deposit unique. [This table cannot be displayed. Please visit the source.] Notes: Copper Equivalent (CuEq) currently does not include the Scandium Metal equivalents should not be relied upon for future evaluations. - Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths. - Parameters used to calculate Copper Equivalent: Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22. Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%. * Copper Equivalent Calculation CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). Mr. Farshad Shirvani, president & CEO of Doubleview, states: 'The 2024 drill campaign was successful in testing, confirming and improving our resource model. We are encouraged to see the occurrence of mineralization closer to the surface as well as strong mineralization drill holes which proves continuity and allows for more detailed structural interpretations. This will strongly reflect in the upcoming MRE.V 2.0 that will be part of Preliminary Economic Assessment (PEA) and add value to the Polymetallic Hat Deposit by increasing the metal content. We are continuously working on our exploration model as data becomes available to recognize details of the deposit and its critical and precious metals.' The following section illustrates drill holes H075 to H077 intersecting the Hat polymetallic deposit along the strike of major high-grade mineralization. (Section looking North East) Cross Section Based on the Resource Block Model To view an enhanced version of this graphic, please visit: Location and direction of reported drill hole table: [This table cannot be displayed. Please visit the source.] Quality Assurance and Quality Control: Hat Project drill cores are processed at Doubleview's camp where they are photographed, measured and logged by our technical staff and then divided using a diamond bladed saw. One half is placed in a stout bag to form the assay sample that is forwarded securely to the independent analytical lab. The remaining half core is stored on site where it is available for further examination and sampling. The assay cores are subject to a Chain of Custody routine as they are shipped from camp to a bonded carrier for delivery to the lab. Core samples are analysed at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview's core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories. When initial assays are received and accepted by our staff, a certain fraction of the samples will be sent to a second ISO-certified lab for check assay and verification purposes. Assays will be reported in News Releases. Doubleview maintains a website at 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 in the company. About Doubleview Gold Corp A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques. Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector. About the Hat Polymetallic Deposit The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below: [This table cannot be displayed. Please visit the source.] Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc 2 O 3. For further details of the MRE, please refer to the Company's July 25, 2024 news release. 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 NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Certain of the statements made and information contained herein may constitute 'forward-looking information.' In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
