Resource estimate highlights:Indicated resource estimate of 150 million tonnes (Mt) and inferred resource estimate of 477 Mt at 0.2% copper equivalent ('CuEq') cut-off grade; orIndicated resource estimate
Vancouver, British Columbia-- - Doubleview Gold Corp is pleased to announce the maiden Mineral Resource Estimate of its 100% owned polymetallic Hat porphyry project , located in northwestern British Columbia. With major content of Copper, Gold, Cobalt as well as the potential of Scandium, Hat can become an important source of critical minerals.
Au price US$/oz: 1,900; Ag price US$/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%; Mining cost US$/t : 2.5; Processing Cost US$/t: 6; G&A Cost US$/t: 2CuEq in %=/. Scandium is not part of the copper equivalent calculation.Table 2: Sensitivity Analysis on Grade inside the Hat Deposit PitScandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm Sc2O3.
William J. Lewis P.Geo., and Chitrali Sarkar M.Sc., P.Geo., of Micon are the QPs for the MRE and have reviewed and approved the technical disclosure relating to the MRE contained in this news release. Both Mr. Lewis and Ms. Sarkar are independent of Doubleview.
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