EXPLORATION & DEVELOPMENT

Hat, Canada: 456.28m grading 0.2g/t Au, 0.24% Cu and 0.5g/t Ag from 56.7m (H-23)

Longest intercept fails to raise Hat

Doubleview will continue to explore its Hat project

Doubleview will continue to explore its Hat project

Shares in the company were down more than 23% on the news to C$0.13 (US$0.10), however, its stocks are still up more than 36% over three months.

CEO and president Farshad Shirvani said the results included the longest yet reported gold and copper mineralised intercept at Hat in north-western British Columbia.

The drill result above was part of a larger 514.9m mineralised intersection, grading 0.18g/t Au, 0.21% Cu and 0.45g/t Ag, or 0.34% CuEq.

"Doubleview continues to advance the Hat project and is greatly encouraged by the current strength of global metal markets, driven by robust economic growth and, in particular, by uncertainties in copper supplies," Shirvani said.

Doubleview has three other exploration projects in British Columbia.

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