Doubleview Gold Corp (OTCMKTS:DBLVF) Stock Continues to Hit New High: More to Come?

Mineral resource exploration and development company, Doubleview Gold Corp (OTCMKTS:DBLVF) announced receiving final report of Hat Project Flotation Characterisation Test Work as well as Follow up Metallurgical Work program.

The test has established feasibility of extracting copper, gold, palladium, cobalt from the HAT Copper Gold Porphyry deposit, which is in northwestern British Columbia.

The company has engaged Tetra Tech company, Coffey, for conducting further research into viability of adding value to through recovery of essential metals. More tests will be done for optimisation of flotation performance and will assess potential concentration as well as recoverability of Scandium from flotation tailings products.

FarshadShirvani, President and CEO said that the fast evolving world of alternative energy entails new batteries providing features, storage facility as well as faster re-charge. Shirvani added that the “New Age” batteries require certain costly metals, that are in short supply and metallurgical industry is being challenged to be innovative in recovery methods.

Shirvani added that greater analysis of HAT deposit demonstrates with guidance of Coffey’s Technical Director, Mr. Andy Carter, will uncover more potential of elements that will be critical in the decarbonization of the future economy.

The company also confirmed that Tahltan Central Government and Doubleview entered into a Communications and Engagement Agreement.

Andrew H. Rees, Lead Director of Doubleview, said that the company takes the opportunity for making public statement of apology on its relationship with TCG. Rees added that the firm will undertake culturally appropriate engagement with Tahltan elders and foster a positive and collaborative relationship with the TCG and the Tahltan Nation.

DBLVF stock moved up 6.50% to $0.90 in the morning session and made a new high of $0.98.