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Hat Polymetallic Deposit Program Justifies MRE & PEA
VANCOUVER – Doubleview Gold Corp. reported on drill holes H097, H098, and H099 from its 2025 drill program at the Hat Polymetallic Deposit in northwestern British Columbia. Drill holes H097, H098 and H099 were collared from the same platform as drill holes H093-H096 and were drilled into previously untested potential extensions of the deposit and have successfully expanded the mineralized footprint approximately 100m laterally and 200 meters vertically and strengthened confidence in continuity in part of the Lisle Zone.
H099 returned 438.0 metres of 0.40% CuEq, including 52.0 metres of 1.02% CuEq, representing one of the strongest continuous mineralized intervals drilled at the Hat deposit to date. H097 and H098 confirm mineralization in previously undrilled sections and extend data approximately 200-300 metres down-dip and up to 100 metres laterally and fill important gaps in the geological exploration model. Drill holes H097, H098 and H099 when integrated into the database potentially will extend the 2024 conceptual open-pit shell by ~200 metres down-dip and up to 100 metres laterally, and demonstrate strong expansion potential that may be realized in the revised version of the 2024 Mineral Resource Estimate (MRE-2) and the Preliminary Economic Assessment (PEA).
Drill hole analyses reported continuity of copper-gold-cobalt-scandium domains [scandium is an emerging critical metal and an important component of the Hat deposit], across broad intervals of the system. These drill holes support the Company’s objective to complete an up-dated Mineral Resource Estimate (MRE-2) and a Preliminary Economic Assessment (PEA) and improve confidence in the exploration model all of which will be incorporated in the current and future engineering studies Copper Equivalent (CuEq) values exclude scandium (Sc2O3).
H097-H099 were planned to intersect previously undrilled areas between and beneath the trace of previously released drill holes (H093-H096). Although collared from the same surface location, the drill holes highlighted in this News Release extended the dimensions of the deposit 200-300 metres at depth and up to 100 metres laterally, successfully fulfilling the objective of characterizing untested volumes of the deposit.
The strong continuity and grade distribution observed in drill hole H099, together with similar results from H097 and H098, extend the interpreted geometry of the mineralized body and potentially allow major extensions of the conceptual pit by approximately 200 metres vertically and ~100 metres laterally. Note: the current exploration model and conceptual pit design are based on available information and may not be supported by future drilling and engineering studies.
Drill hole H099 is particularly important as it highlights a strongly mineralized area of copper, et al. metals, including more than 50 metres exceeding 1.0% CuEq, and demonstrates that high-grade zones continue to depth. The extent of such high-grade zones has not been determined.
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