Commissioning Of Ore Sorting Assessments Of Hat Deposit


VANCOUVER - Doubleview Gold Corp has entered into an agreement with ABH Engineering Inc. to conduct two sensor-based ore sorting assessments of the HAT Deposit with the objective to lower the cutoff grade in the Company's recently commissioned maiden resource estimate. Leading the assessments will be ABH Project manager Brent Hilscher, P.Eng. who has completed over 60 ore sorting studies and has led design and construction projects for multiple major companies in the mining industry.

President and CEO, Farshad Shirvani, said, "Lowering the cutoff grade in a resource estimate could significantly increase the quality of the HAT Deposit. Utilizing ore sorting technology could result in an increased Net Present Value (NPV) and Internal Rate of Return ("IRR") if the deposit potentially advances to the pre-feasibility stage and beyond."

The first of two assessments will test the economic potential of sensor-based particle sorting with the objective to dramatically increase a future mill grade. The second assessment will look at the potential to use bulk sorting technologies to provide moderate increases to future mill grades at exceptionally low CAPEX and OPEX costs.

Doubleview has recently announced that the HAT Deposit is entering its next phase of development as the Company is developing a polymetallic resource containing strategic metals in British Columbia, which is a necessary step in advancing Canada's energy security.