Doubleview Gold Corp (OTCMKTS:DBLVF) Stock Falls After Releasing Further Analyses from Lisle Zone Drill Holes
Yesterday Doubleview Gold Corp (OTCMKTS:DBLVF) provided a key update with regards to the assay results from the Hat Project drill holes H038 to H043. The project in question is a large sized alkalic copper gold porphyry type deposit situated in the northwestern part of British Columbia.
Trading Data
On Monday, DBLVF stock lost 13.44% to $0.3182 with more than 210.51K shares, compared to its average volume of 122.53K shares. The stock moved within a range of $0.3182 – 0.3360 after opening trade at $0.3240.
Doubleview Releases Further Analyses from Lisle Zone Drill Holes
It has been explored by Doubleview Gold Corp since as far back as 2011 through the utilization of diamond drilling and technical surveys. The surveys and drillings at the Hat Property had mainly been focussed on the Lisle copper gold cobalt scadium mineral zone. The indicated dimensions at the project had been around 2.7 km by 1.7 km and currently it was being delimited at depth as well as laterally.
The President and Chief Executive Officer of Doubleview Gold CorpFarshadShirvani spoke about the latest developments as well. He noted that a number of metals like copper, gold, cobalt and scadium had been regarded as important for the development of non-fossil fuel technology in light of the threat of climate change.
He noted that the Hat Property could eventually become a major source of some of these strategically significant metals. The results from the assay results had been encouraging for the company.
