Doubleview Provides Update on Milestone 56% Scandium Phosphate Recovery in First Phase Metallurgical Testing at the HAT Deposit
Vancouver, BC, Feb 22, 2023 - (ACN Newswire) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview") is pleased to provide additional information regarding the metallurgical process and significance of achieving 56% scandium ("Sc") recovery to a scandium phosphate precipitate, in the first attempt of sequential purification of HAT deposit flotation tailings. The HAT Copper-Gold-Scandium-Cobalt deposit is located in the Golden Triangle region of the Atlin Mining District in British Columbia.
Initial independent laboratory tests completed by Coffey, Tetra Tech were designed to demonstrate the validity of the underlying process chemistry. Achieving 56% Sc recovery shows that primarily, the response to the treatment program was predictable and as anticipated.
Expectations are that scandium recoveries in the range of 80% to 90% will ultimately be achievable with further process development and optimisation. Production of a phosphate lends itself to the solution purification scheme currently under test. Once recovered, scandium can be converted to other forms. Alternative treatment strategies are also being considered.
EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Coffey, Tetra Tech noted "Even at moderate recoveries, the HAT deposit has the potential to meet international demand for scandium for the foreseeable future. As scandium is a by-product of a waste stream, recovery is not the fundamental driver, cost is. If it can be demonstrated that scandium can be recovered at an acceptable cost, then scandium has the potential to add significant value to the HAT deposit. A techno-economic evaluation for the production of scandium as a by-product of HAT copper-gold production will be evaluated on conclusion of the test work phase."
Mr. Carter also noted that "Reported recovery rates for other projects, either in planning or under development, are 76.2% at the Flemington Project on the low end, and 88.0% at the Syerston Project on the upper end. This positions the potential for Doubleview's HAT deposit favourably as it is targeting an 80-90% recovery rate, however it is noted that other scandium projects currently under consideration are treating laterites.
Farshad Shirvani, President and CEO stated "Current research has shown, that scandium is a unique metal which, when combined with certain other metals, significantly enhances the strength of the alloy while also reducing its weight. This results in lighter and stronger materials that can potentially be essential for a wide range of products where efficiency is crucial. The HAT property is among the few mineral bodies in North America that contain significant amount of scandium."
Scandium is associated with crustal rocks and mafic and utra-mafic lithologies such as amphiboles and pyroxenes (in particular clinopyroxene) and so is primarily associated with the tails stream of a conventional copper flotation process employed in the treatment of a porphyry ore. In a fully integrated process, the HAT deposit could produce a high-gold, low-cobalt copper concentrate and a low-gold, high-cobalt pyrite concentrate. The pyrite concentrate could be used to produce acid for the recovery of cobalt from roaster calcines and scandium from flotation tails.
Qualified Persons:
EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Coffey, Tetra Tech is Doubleview's Qualified Person with respect to the HAT Project Metallurgical Studies as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved the technical contents of this news release. He is independent of Doubleview.
About Doubleview Gold Corp
Doubleview Gold Corp, a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors, Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp Vancouver, BC Farshad Shirvani President & CEO T: (604) 678-9587 E: corporate@doubleview.ca
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview's control. Such factors include, among other things: risks and uncertainties relating to Doubleview's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward- looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Source: Doubleview Gold Corp. Sectors: Metals & Mining, Daily Finance, Daily News, Local Biz
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
Latest Release
![NTT DOCOMO](http://www.jcnnewswire.com/image/toppage/Docomo_Top.jpg) DOCOMO and NTT Com Jointly Demonstrate Practicality of DOCOMO's New Multi-platform Cloud-rendering Technology Jul 26, 2024 17:05 JST
| ![Tanaka Holdings Co., Ltd.](http://www.jcnnewswire.com/image/toppage/Tanaka_Logo_2s.jpg) TANAKA Precious Metals Provided Award Items and Ceremony Souvenirs for the International Friendly Matches of the Japan Men's National Blind Football Team at the "DAICEL Blind Football Japan Cup 2024 in Osaka" on July 7 Jul 26, 2024 03:00 JST
| ![Eisai](http://www.jcnnewswire.com/image/toppage/eisai45.jpg) Eisai and EcoNaviSta Enter into Business Alliance Agreement Aimed at Building a Dementia Ecosystem and Commence Collaboration Jul 25, 2024 10:30 JST
| ![Hitachi, Ltd.](http://www.jcnnewswire.com/image/toppage/hitachi.jpg) Hitachi Awarded Largest Contract in Singapore to Supply 450 Lifts at HDB Blocks Jul 24, 2024 16:27 JST
| ![Hitachi, Ltd.](http://www.jcnnewswire.com/image/toppage/hitachi.jpg) Hitachi to Announce Capital Reorganization of Air Conditioning Joint Venture Jul 24, 2024 15:02 JST
| ![Eisai](http://www.jcnnewswire.com/image/toppage/eisai45.jpg) Eisai to Present Dual-Acting Lecanemab Three-Year Efficacy and Safety Data and Discuss Long-Term Outcomes of Continued Treatment at the Alzheimer's Association International Conference 2024 Jul 23, 2024 20:23 JST
| ![Fujitsu Ltd](http://www.jcnnewswire.com/image/toppage/Fujitsu.Logo.68.jpg) Toyota Material Handling Japan and Fujitsu launch Japan's first service for evaluating forklift safety in the cloud using AI Jul 23, 2024 11:26 JST
| ![Toyota Motor Corporation](http://www.jcnnewswire.com/image/toppage/ToyotaBb.68.jpg) AEON and CJPT working to resolve logistics industry issues and achieve carbon neutrality at AEON Fukuoka XD Jul 22, 2024 13:52 JST
| ![Toyota Motor Corporation](http://www.jcnnewswire.com/image/toppage/ToyotaBb.68.jpg) Rovanpera and Ogier score another TOYOTA GAZOO Racing one-two Jul 22, 2024 12:30 JST
| ![Honda Motor Co, Ltd](http://www.jcnnewswire.com/image/toppage/honda.gif) Team HRC with Japan Post Wins 45th Suzuka 8 Hours Endurance Road Race Jul 22, 2024 11:33 JST
| ![Honda Motor Co, Ltd](http://www.jcnnewswire.com/image/toppage/honda.gif) Honda to Hold its Official e-Motorsports Event, "Honda Racing eMS 2024" Jul 19, 2024 20:04 JST
| ![Mitsubishi Heavy Industries, Ltd.](http://www.jcnnewswire.com/image/toppage/MHI_newT.jpg) MHI America Acquires Three Utility-Scale Solar Power Projects in Pennsylvania, Advancing the Company's Energy Transition Strategy Jul 19, 2024 19:04 JST
| ![JCB](http://www.jcnnewswire.com/image/toppage/JCB55.jpg) JCB and Worldline unveil a new whitepaper offering European merchants invaluable insights into facilitating seamless payments for international consumers Jul 19, 2024 12:00 JST
| ![Fujitsu Ltd](http://www.jcnnewswire.com/image/toppage/Fujitsu.Logo.68.jpg) Fujitsu Chosen to Help Solving Social Issues Caused by Fake News Jul 19, 2024 11:30 JST
| ![Champion REIT](http://www.jcnnewswire.com/image/toppage/ChampionREIT1_Top.jpg) Champion REIT holds first 'ESG Week' Jul 18, 2024 20:14 JST
| ![Lexus International](http://www.jcnnewswire.com/image/toppage/Lexus_68.jpg) Lexus LBX Adds a New High Performance Variant, the LBX "MORIZO RR" Jul 18, 2024 17:25 JST
| ![NEC Corporation](http://www.jcnnewswire.com/image/toppage/NEC.62.jpg) VitalLife and Bumrungrad International Hospital in Thailand Launch NEC's FonesVisuas Test: First Major Deployment Outside Japan, Revolutionizing Disease Risk Prediction Jul 18, 2024 15:34 JST
| ![Fujitsu Ltd](http://www.jcnnewswire.com/image/toppage/Fujitsu.Logo.68.jpg) Fujitsu publishes CHRO Roundtable Report 2024, summarizing the challenges and implications of the implementation of data-driven human capital management Jul 18, 2024 10:44 JST
| ![Fujitsu Ltd](http://www.jcnnewswire.com/image/toppage/Fujitsu.Logo.68.jpg) Fujitsu-sponsored professional golfer Ayaka Furue victorious in the Amundi Evian Championship Jul 16, 2024 23:26 JST
| ![Mitsubishi Corporation](http://www.jcnnewswire.com/image/toppage/MC.68.jpg) Neste and Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics Jul 16, 2024 18:36 JST
|
More Latest Release >>
|