President and CEO Farshad Shirvani stated that “The discovery of a deposit with potential deliverables of scandium, cobalt, copper, and gold by Doubleview is a significant achievement for the company, its shareholders, and North America as a whole. Of particular significance is the potential for scandium, as the USA imports 100% of its scandium consumption. This landmark discovery has the potential to expand the use of scandium in a variety of applications, one of which is its ability to enhance the energy capacity, stability, and safety of nickel-metal Hydride (NiMH) batteries commonly used in electric vehicles and consumer electronics.”
Mr. Shirvani further stated “The integration of Scandium into aluminum alloys can lead to a stronger and lighter material than steel, which is essential for the automobile and aerospace industries. As the demand for energy-efficient vehicles continues to grow, the use of scandium aluminium alloy, with high percentages of scandium, provides a solution to the challenge of heavy energy consumption and limited infrastructure capacity. The shift towards ever lighter materials will require adoption by global industry of new techniques and materials.
Mr. Shirvani concluded by highlighting “The discovery of this deposit has the potential to revolutionize various industries and provides a new opportunity for the use of scandium. This discovery has the potential to create a significant impact on the industry.”
Further metallurgical testing for Scandium phosphate optimization and purification continues and updates will be provided as they become available.
Please see the assay table of the reported holes on the Company’s website at:
https://www.doubleview.ca/scandium-2022-04-26-news/
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 [nxtlink id="268979"]TSX-V: DBG[/nxtlink], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 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: [email protected]
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.