A Breakthrough in Metal Packaging: Eviosys Launches ‘Ecopeel’, a Revolutionary New Dual Product of Can and Peelable End

ZUG, SWITZERLAND, Jun 29, 2023 – (ACN Newswire) – International packaging giant Eviosys has revealed its latest innovation, Ecopeel. 200 years of expertise and innovation has produced an industry first: a processable food can with a sleek, peelable foil directly sealed on the can body.

Ecopeel has been designed with sustainability, convenience and inclusivity at its core. By replacing the traditional ring-pull with foil, Ecopeel is lighter and offers a 20% carbon reduction per can.

Ecopeel's unique 45 sealing surface reduces the force necessary for opening, and the smooth body and 100% aperture capability reduces food waste. This supports Eviosys' mission to make switching to metal accessible to all, building on the success of their other industry-leading products such as Orbit(TM).

Ecopeel reduces complexity for customers as cans are delivered with the foil already sealed, simply requiring brands to fill and seam the can. This makes the filling process 5x faster, as well as cleaner and safer, reducing spoilage and energy usage. It also offers greater customisation options with printing onto the can, so products stand out on the shelf.

Working in collaboration with longstanding customers, such as Jealsa and Friscos, Eviosys is also in discussions with other customers across Europe for the rollout of Ecopeel and expand the range to other sectors including pate, pet food, and olives.

Tomas Lopez, CEO at Eviosys, said: "At our core, we are committed to transforming the packaging sector through innovation to enable a truly circular economy. With Ecopeel we can offer our customers this transformed packaging experience, strengthening their sustainability and inclusivity credentials, expediting their internal processes and enhancing their brand visibility."

Jesus Alsonso, CEO at Jealsa, said: "It is very important to us to work with partners who are innovators and can offer us more sustainable choices throughout our supply chain – including our packaging. Ecopeel sets a new standard for inclusive, accessible, sustainable, and innovative food packaging, and allows consumers to enjoy all of our high-quality products with ease."

Notes to Editors

Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands.

Eviosys has the largest manufacturing footprint in Europe, the Middle East and Africa with 7,000 employees in 44 manufacturing facilities across 17 countries in the region. In 2022, it generated EUR 2.7 billion in revenue. Eviosys is a portfolio company of KPS Capital Partners, LP. www.eviosys.com

Contact Information
Maisie Jenyon
PR Manager
eviosysuk@grayling.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Initial Results Confirm Widespread Mineralization at Appia’s Ionic Clay Project in Goias State, Brazil

TORONTO, ONTARIO , Jun 20, 2023 – (ACN Newswire) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (the "Company" or "Appia") is pleased to provide an update on its newly acquired Cachoeirinha rare earths project ("PCH Project") located near Ipora in the state of Goias, Brazil. This update results from a due diligence field visit and project review by Appia personnel, including Mr. Don Hains, an expert in industrial minerals.

The PCH project hosts rare earth element (REE) mineralization in both ionic clays developed from the weathering of alkaline granites, and in-situ rare earth mineralization associated with the underlying granite and a carbonatite intrusion to depths >100 m.

"Mineralization is widespread across the property with the most advanced target being a 2 km wide zone in the SW corner of the tenements known as Target 4," stated Mr. Don Hains, senior consulting geologist and QP. "The exploration work by the vendor showed REE enrichment in the soils to depths of 8 to 26 m with the majority in the upper 8-10 m. Total REE grades in numerous auger holes drilled at Target 4 ranged from 274 ppm to 16,648 ppm (1.66%), with an average of 1,291 ppm total REE and, importantly, the valuable rare earths used in magnet applications (Pr, Nd, Tb and Dy) + Y accounted for approximately 14% of total rare earths, with a maximum of 28.4%."

Appia completed 110 duplicate samples from twin auger holes distributed across Target 4 as part of its due diligence program and found comparable results to the original assays. Due diligence samples were also collected from trenches (17 samples) and diamond drill holes (76). Assay data for these samples also showed comparable results to the original sample data.

Due diligence samples were assayed at the same laboratory (SGS Geosol in Vespasiano, Brazil) using the same methods as the original samples (IMS95R and ICM40B). SGS Geosol is an ISO 17025 registered laboratory. Certified standards from OREAS were used to measure laboratory accuracy and precision. Supervision of the due dilignece assays was under the control of Mr. Hains.

He continued, "The average Heavy REE value is 145 ppm, or 13.93% of the total rare earths. In contrast, the Serra Verde project currently under construction in northern Goais State has total average REE values of 2,138 ppm (0.2138%)[1] but HREE values of only 155 ppm, or 7.26% of total rare earths. Thus, the PCH project has a relatively higher content of HREE in the deposit than Serra Verde."

"The overall assay values of samples obtained to date are considered comparable to other ionic clay type rare earth deposits in Brazil such as Serra Verde and Araxa," stated Stephen Burega, President of Appia.

"Such deposits generally have relatively low rare earth values compared to hard rock deposits but typically present more easily processed material with good recoveries and can thus be highly cost competitive against high-grade, hard rock rare earth projects. The relatively high assay values for Pr, Nd, Tb and Dy, the most valuable magnetic rare earth elements, are positive for development of the project," he concluded.

Next Steps for 2023

The proposed 2023 exploration program will include high resolution topographic surveying across the Eastern claim blocks followed by a reverse circulation (RC) drill program including approximately 300 holes at 100m x 100m spacing totalling 4,500 metres on Target #4. Additional auger drilling will further delineate the extension of the rare earths potential to the West of Target #4. The RC drill program is planned to reach an average depth of 15 meters per hole, and will be sampled at 1/2 meters intervals.

The available data indicates that there is considerable exploration potential throughout this large property. Significant areas in both the western and eastern portions of the property show high relative radiometric values indicative of potential rare earth mineralization but these areas remain untested by drilling. It is reasonable to expect that the overall potential of the project can be increased significantly with further work in these areas.

"Preliminary metallurgical test work has involved mineralogy studies at Actlabs and SGS Mineral Services in Canada and geometallurgical and flotation test work at the Federal University of Goias ("UFG"). La, Nd and Nb were successfully floated in these tests, with recoveries of La and Nd typically averaging about 50% for the best collector conditions even without any up-front processing", according to Hains. "Importantly, the flotation concentrates averaged 127 ppm Th and 38 ppm U, indicating radioactivity issues associated with mineral processing should be very manageable."

Very preliminary leaching tests undertaken at SGS Mineral Services in Canada indicate the potential to successfully leach rare earths using ammonium sulphate, thus demonstrating the ionic clay nature of the mineralization. The Company advises that substantial additional metallurgical test work will be required as the project advances; however these very preliminary results do indicate that either flotation and/or leaching may be viable recovery schemes. It is likely that a combination of the two recovery processes may be required to maximise the recovery and produce a suitable concentrate as feed for further processing.

Appia's local partner has been active on the PCH project for the past 2 years, and the team has compiled a significant dataset including geophysics and geochemical results as well as auger, drill and trenching samples across 9 delineated targets on the Western limb of the project area. There remains more that 50% of the project area still to be explored and assessed for its potential.

Location

The PCH project is located approximately 30 km from Ipora, a medium size city in the state of Goias, with a population of approximately 31,500 and well-developed infrastructure. The region around Ipora has significant ongoing mineral exploration and mining activity including active mines operated by Dundee Precious Metals and Yamana Gold. The property is well connected by a series of roads and is mainly used for farming. Local and community relations with mining and exploration companies including Appia's predecessors at PCH are excellent.

Background on the PCH Project

The Cachoeirinha Project (PCH Project) is located within the Tocantins Structural Province in the Brasilia Fold Belt, more specifically, the Arenopolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within the Goias State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs and Niobium within lateritic ionic adsorption clays.

The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo, Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 130.5 million common shares outstanding, 143.5 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For more information, visit www.appiareu.com

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (Twitter, Facebook, LinkedIn) please feel free to send direct messages.

To book a one-on-one 30-minute Zoom video call, please click here. sburega@appiareu.com

For further information, please contact:
Tom Drivas, CEO and Director: (cell) 416-876-3957 or (email) tdrivas@appiareu.com
Stephen Burega, President: (cell) 647-515-3734 or (email) sburega@appiareu.com

[1] Source: company website, www.serraverde.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TANAKA Precious Metals to Exhibit at SEMICON China 2023 International Semiconductor Exhibition to be Held in Shanghai, China

TOKYO, Jun 20, 2023 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which develops the manufacturing business of TANAKA Precious Metals, announced that it will exhibit at SEMICON China 2023, an international semiconductor exhibition to be held in Shanghai, China on June 29 to July 1, 2023. At this exhibition, we will exhibit panels showing precious metal products related to semiconductors – such as various types of plating solutions, bonding wires, and precious metal pastes – for which demand is expected to continue to grow in China's semiconductor market. We will also be exhibiting for the first time TK-FS, a new alloy for probe pins that was announced in April 2023.


Conceptual image of exhibition booth


For plating solutions, which have high demand in China, TANAKA Precious Metals contributes to the manufacturing of compound semiconductors by providing the environmentally friendly non-cyanide gold plating process instead of the cyanide gold plating process. In the past, products imported from Japan were offered in China, but now, the same products can be produced and supplied locally by group company Metalor Technologies (Suzhou) Limited using precious metal materials from China.

In addition, TK-FS – which is being exhibited for the first time – is a product that allows the same material to be used in a wide range of probe pins for semiconductor test equipment. With the spread of the IoT today, semiconductors are becoming necessary not only in electronic devices but also in a broad range of fields, such as automobiles and home appliances. In particular, the demand for power semiconductors is expected to grow.

TANAKA Precious Metals engages in business globally as a manufacturer specializing in precious metals and, above all, boasts the world's highest market shares for bonding wires. In China, TANAKA Precious Metals has earned trust as a precious metal professional group by supplying products of high reliability that were made in Japan.

TANAKA Precious Metals aims to contribute toward the growth of China's semiconductor market – which is expected to continue to expand in the future – by continuing the technological development of precious metal materials for semiconductor devices.

SEMICON China 2023 Exhibition Outline

– Exhibition Title: SEMICON China 2023
– Dates: Thursday, June 29-Saturday, July 1, 2023, 9:00-17:00 *China local time (until 16:00 on July 1)
– Venue: Shanghai New International Expo Centre (Suzhou, China)
– Official Site: https://www.semiconchina.org/ *Only English and simplified Chinese sites are available
– Exhibitor: TANAKA Kikinzoku International (Shanghai) Co., Ltd. (A TANAKA Kikinzoku Kogyo K.K. overseas office) and Metalor Technologies (Suzhou) Limited.
– Booth Number: E2152
– Main Products Shown on Panels: Products for semiconductors, such as various types of plating solutions, TK-FS, bonding wires, and precious metal pastes

Product Name: Various types of plating solutions
Outline: Various types of plating solutions are offered according to the application, including the MICROFAB series of non-cyanide gold plating processes excellent for fine pattern formation on wafers, the PRECIOUSFAB series of corrosion-resistant platinum plating solutions, and the GALVANOMEISTER gold-tin alloy plating which can be expected to reduce costs as a replacement for lead-free solder. For equipment, panels will introduce the RAD-Plater experimental equipment and the fully automated POSFER.

Product Name: TK-FS
Outline: This is a material that can be used in a wide range of types of probe pins besides pogo-pin types, such as cantilever-type or vertical-type for wafer testing (pre-processing) probe cards. With three unique attributes – a Vickers hardness of at least 500, specific resistance of at most 7.0 micro ohm-cm, and durability that can withstand 10 or more times of repeated bending – this material can be used in various types of probe pins.

Product Name: Bonding wires
Outline: These are precious metal products essential for electrically connecting electronic components – such as integrated circuits, transistors, semiconductors, and printed circuit boards – used in electronic devices. The full lineup will be introduced at this exhibition, centering on gold bonding wires for flash memory and aluminum wires, ribbons, etc. for power devices.

Product Name: Precious metal pastes
Outline: Precious metal pastes, powders, and conductive adhesives are widely used in various applications, such as circuitry and semiconductor die bonding. In particular, due to the rising demand for pastes with high thermal cooling in the markets for lead-free products, automotive power devices, and optical devices for LEDs, the lineup of various silver pastes will be introduced.

TANAKA Kikinzoku Kogyo K.K.

Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Koichiro Tanaka, Representative Director & CEO
Founded: 1885
Incorporated: 1918
Capital: 500 million yen
Employees: 2,429 (including overseas subsidiaries) (March 31, 2022)
Sales: 389,646,820,000 yen* (FY2021)
Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
* Due to the adoption of the Accounting Standard for Revenue Recognition from FY2021, the net amount is given for the net sales of some transactions.

About TANAKA Precious Metals

Since its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and around the world collaborate and cooperate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,225 employees, the Group's consolidated net sales for the fiscal year ending March 31, 2022, were 787.7 billion yen.*
*From the current consolidated fiscal year, the amounts of sales for some transactions are indicated as net values due to the application of the Accounting Standard for Revenue Recognition.

Global industrial business website
https://tanaka-preciousmetals.com/en/

Product inquiries
TANAKA Kikinzoku Kogyo K.K.
https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/

Press inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

This press release in PDF: http://www.acnnewswire.com/docs/files/20230620_EN.pdf

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Gold Corp. Provides Drilling Update on Hat Project Exploration

Vancouver, BC, Jun 12, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (GERMANY: A1W038) (referred to as the "Company" or "Doubleview") is pleased to announce recent progress at its Hat Project. Following the Company's winter program of data compilation and interpretation, and a spring program of camp improvements, a series of drill holes are being directed to parts of the main Lisle Zone. Thus far, drill holes H052 and H053, located in the middle-west part of the deposit have been completed. These holes were positioned to confirm continuity within that area and were successful in validating our model. Both drill holes intersected sulphide mineralization, including sections of very strong chalcopyrite and very strong pyrite mineralization that has historically been associated with significant gold content.

Holes H052 and H053 were drilled from the same collar location as holes H049, H050, and H051. H052 was drilled at azimuth 135 degrees, dip -60o and total length 540 m; hole H053, at 105o, dip -70o and total length 441 m. These drill holes encountered chalcopyrite, pyrite and magnetite and confirm the west continuity of the Lisle Zone. Drill cores are being processed at the HAT camp and core samples will be transferred to Dease Lake and securely trucked to an accredited laboratory located in North Vancouver, British Columbia for expedited analysis.

Farshad Shirvani, Doubleview President and CEO commented "The current drill program is designed to maximize the results and quality of the NI43-101 resource estimate that is currently in progress for the HAT deposit."

Mr. Shirvani stated, "Many countries around the world are increasingly seeking critical metal supplies from North America, where high demand and an impending shortage have been predicted. Notably, the United Kingdom and South Korea have demonstrated their interest in securing these critical metals from the United States and, and the Government of British Columbia respectively, signifying the anticipated surge in market demand."

"Doubleview's Hat project is endowed with a substantial number of these critical metals, which places Doubleview and our investors in a truly advantageous position."

The Company's exploration program continues, and updates will be provided as further information becomes available.

https://images.newsfilecorp.com/files/8003/169570_f177f704d4770b2c_001full.jpg

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

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) (GERMANY: 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 risks.

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

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.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Appia Signs Definitive Agreement to Acquire up to a 70% Interest in Ionic Clay Project, Brazil

TORONTO, ON, Jun 9, 2023 – (ACN Newswire) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (FSE: A0I0.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") is pleased to announce that, further to its press releases of March 7, 2023 and May 30, 2023, the Company has signed a Definitive Agreement (the "Definitive Agreement") with 3S LTDA ("3S"), Beko Invest Ltd. ("Beko"), Antonio Vitor Junior ("Antonio") and AZ125 Mineracao Ltda (the "Company") to acquire up to a 70% interest in the PCH Project (the "Transaction") located in the Tocantins Structural Province of the Brasilia Fold Belt, Goias State, Brazil (the "Property").

"Appia has taken a significant step in cementing itself among the upper tier of critical mineral explorers with today's announcement," stated Stephen Burega, President. "Brazil is emerging as a significant source of rare earths contained in ionic clays, and Appia's PCH project will further enhance this potential. The known rare earth element distribution at PCH should lead to favourable economics for processing; is easily on par with other ionic clay projects outside of Asia; and it contains relatively high levels of the magnetic REEs. Early-stage review of the rare element distribution indicates a high potential 'basket price' which is a positive indicator to advance the project. Once additional analysis is completed, a more detailed summary of known results will be shared with the market."

Pursuant to the terms of the Definitive Agreement, the Property will be held by the Company, Appia will hold a 70% interest in the Company, subject to completing the option obligations referred to below, and Antonio will hold a 30% interest in the Company. The initial 500,000 shares (the "Initial Shares") to be issued to Beko will be issued when certain administrative steps have been completed in Brazil to perfect the 70% interest of Appia in the Company (the "Perfection of the Transaction"). A further announcement will be made when the Initial Shares are to be issued.

Upon Perfection of the Transaction, Appia can maintain its 70% interest in the Company by issuing an aggregate of a further 2.0 million common shares of Appia to Beko and spending US$10 million on the Property over a period of five (5) years (the "Option Period") after which Appia will have earned a 60% interest in the Company. If Appia earns its 60% interest, it will then be obligated, within 90 days of earning its 60% interest, to issue a further US$1,250,000 of common shares of Appia to Beko to earn a further 10% interest in the Company. The number of shares to be issued to earn the further 10% shall be that number of common shares of Appia equal to the number arrived at by dividing US$1,250,000 by the greater of the average closing price of the common shares as quoted on the Canadian Securities Exchange (the "CSE") for the 30 trading days immediately preceding the announcement by Appia of its intention to earn the additional 10% interest and the discounted market price of the common shares of Appia based on the last closing price immediately preceding the announcement.

Appia will acquire incremental vested interests in the Company upon completion of specific expenditure requirements pursuant to the terms of the Definitive Agreement. Once Appia issues at least a further 500,000 common shares to Beko and spends at least US$1 million on the Property (at which time it will have earned a 10% interest in the Company) (the "Initial Obligation"), Beko will be granted a 1% net smelter returns royalty (the "1% NSR") in the Property. Appia will have a right of first refusal to acquire the 1% NSR.

Once Appia has earned its 70% interest in the Company, Appia and Antonio will enter into a joint venture with respect to the further exploration and development of the Property (the "Joint Venture") with Appia holding a 70% interest and Antonio holding a 30% interest in the Company. The Joint Venture will be governed by the terms of a Quotaholders Agreement to be signed by Appia and Antonio as part of the Perfection of the Transaction. The Quotaholders Agreement will act as a unanimous shareholders agreement and a joint venture agreement with respect to the further exploration and development of the Property. Upon the formation of the Joint Venture, Antonio will have 90 days within which to elect to either (a) participate in the Joint Venture and contribute his pro rata share of expenditures or be diluted; (b) sell all of his 30% interest in the Company, subject to a right of first refusal in favour of Appia; or (c) elect to have Appia fund its pro rata share of expenditures pursuant to the Joint Venture subject to the right of Appia to be reimbursed for 150% of the expenditures made by Appia on behalf of Antonio before any proceeds are paid to Antonio.

If a party is required to make a contribution pursuant to the Joint Venture and that party does not make its pro rata contribution to development expenditures, that party's interest in the Company will be diluted pro rata based upon that party's deemed and actual contributions to the Joint Venture relative to the total deemed and actual contributions to the Joint Venture by both parties. A party whose interest is diluted to 10% or less shall immediately be converted to a 1% net smelter returns royalty ("1% Dilution NSR") with the remaining party's interest converted to a 100% interest in the Company subject to payment of the 1% Dilution NSR. The remaining party will have a right of first refusal to purchase the 1% Dilution NSR.

Should Appia fail to make some or all of the expenditures required in any year, Beko will notify APPIA in writing of such failure, after which Appia will have 30 days to make the required expenditure. Failure to make the expenditure within the 30 days will result in Appia's earned interest being reduced pro rata in proportion to the amount of money actually expended by Appia in such year. Appia shall have the right to make additional expenditures in a subsequent year to earn the balance of the interest it would have earned had it made the entire expenditure in the previous year. If Appia fails to expend an aggregate of US$10 million and issue an aggregate of 2,000,000 common shares of Appia to Beko within the Option Period, Appia may, at any time during the Option Period after completing the Initial Obligation, notify Beko that it does not intend to provide any further funding for the Property (the "Cease Funding Notice"). Upon delivery of the Cease Funding Notice to Beko, Appia shall have earned the applicable interest in the Company (the "Earned Interest") and shall transfer to Antonio that number of quotas of the Company equal to 70% minus the Earned Interest. Thereafter, Appia shall hold the Earned Interest in the Company and Antonio shall hold 100% minus the Earned Interest in the Company. Upon delivery of the Cease Funding Notice and the adjustment in the interests of Appia and Antonio in the Company, the parties shall use their commercially reasonable efforts to determine how to proceed with their respective interests in the Company.

Background on the PCH Project

The Cachoeirinha Project (PCH Project) is located within the Tocantins Structural Province in the Brasilia Fold Belt, more specifically, the Arenopolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within the Goias State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs and Niobium within lateritic ionic adsorption clays.

The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo, Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp (Appia)

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 130.5 million common shares outstanding, 143.5 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward- looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:
Tom Drivas, CEO and Director: (cell) 416-876-3957, (fax) 416-218-9772 or (email) tdrivas@appiareu.com
Stephen Burega, President: (cell) 647-515-3734 or (email) sburega@appiareu.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Resumes Diamond Drilling Exploration at Hat Project

Vancouver, British Columbia–(Newsfile Corp. – June 8, 2023) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (GERMANY: A1W038) (the “Company or “Doubleview”) is pleased to announce that it has resumed exploration drill program at its 100% owned HAT project, a polymetallic project located in Northwest British Columbia. The deposit definition and exploratory drilling program is planned to delineate the mineralization of the polymetallic Hat porphyry deposit. The Company is well funded for the 2023 field season.

President and CEO, Mr. Farshad Shirvani stated: “We are excited to be back at the project to continue drilling. The very successful programs of the past years have further strengthened our understanding of the project and its geology. With confidence we are exploring the western and eastern parts of the Lisle zone which I believe will expand the deposit. In addition, we are planning to drill the unexplored southern extension. The perimeters are being examined in accordance with the geological and mineralization model devised by our team of experienced geologists. However, the recent drilling efforts have not accurately defined the boundaries of the deposit.

The Hat Project is a large alkalic copper-gold porphyry-type deposit located in northwestern British Columbia that since 2011 has been explored by Doubleview utilizing technical surveys and diamond drilling operations. Hat Property surveys and drilling have been largely directed to the Lisle copper-gold-cobalt-scandium mineral zone. Principal minerals are chalcopyrite, pyrite and magnetite hosted in volcaniclastic and gabbroic formations. The Lisle Zone has indicated dimensions of approximately 2.7 km by 1.7 km and is still being delimited laterally and at depth.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

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 risks.

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

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.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/169232



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Resumes Diamond Drilling Exploration at Hat Project

Vancouver, BC, Jun 8, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (GERMANY: A1W038) (the "Company or "Doubleview") is pleased to announce that it has resumed exploration drill program at its 100% owned HAT project, a polymetallic project located in Northwest British Columbia. The deposit definition and exploratory drilling program is planned to delineate the mineralization of the polymetallic Hat porphyry deposit. The Company is well funded for the 2023 field season.

President and CEO, Mr. Farshad Shirvani stated: "We are excited to be back at the project to continue drilling. The very successful programs of the past years have further strengthened our understanding of the project and its geology. With confidence we are exploring the western and eastern parts of the Lisle zone which I believe will expand the deposit. In addition, we are planning to drill the unexplored southern extension. The perimeters are being examined in accordance with the geological and mineralization model devised by our team of experienced geologists. However, the recent drilling efforts have not accurately defined the boundaries of the deposit.

The Hat Project is a large alkalic copper-gold porphyry-type deposit located in northwestern British Columbia that since 2011 has been explored by Doubleview utilizing technical surveys and diamond drilling operations. Hat Property surveys and drilling have been largely directed to the Lisle copper-gold-cobalt-scandium mineral zone. Principal minerals are chalcopyrite, pyrite and magnetite hosted in volcaniclastic and gabbroic formations. The Lisle Zone has indicated dimensions of approximately 2.7 km by 1.7 km and is still being delimited laterally and at depth.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

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 risks.

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

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.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Q2 Metals Provides Update on 2023 Exploration Campaign

Vancouver, BC, Jun 6, 2023 – (ACN Newswire) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) ("Q2" or the "Company") announces that due to active forest fires in northern Quebec, the Quebec Ministry of Natural Resources and Forests has banned forest access and closed all roads in the Eeyou Istchee James Bay region. As a result, the Company has temporarily ceased field activities and the crew and equipment have been withdrawn from the Mia Property and camp.

"Upon receiving the notice from the Ministry of Natural Resources and Forests, our focus is centered on the health and safety of the local community," said Q2 President and Chief Executive Officer, Alicia Milne. "Once the fire risk has subsided, we will resume our exploration program."

The Company is actively monitoring the situation and will provide further updates as information becomes available.

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay area of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 occurrences which grade 0.47% Li2O and 2.27% Li2O respectively. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property in Eeyou Istchee James Bay.

Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km2 in the Talgai Goldfields of the broader Warwick-Texas District, hosting 54 high-grade historical gold mines.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com

Kevin Bottomley
Director
Kevin@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram.

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com.

Neither the 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.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Is Pleased to Announce Drill Hole Assay Results and Strong Mineralization Connects West Lisle Mineralization with the Main Lisle Mineralization

Vancouver, BC, Jun 1, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company or "Doubleview") is pleased to announce assay results of Hat Project drill holes H045, H046, H047, H048, H050 and H051. Drill hole H050 intersected the strongest Cobalt mineralization yet with 2240g/t over 3 meters. Drill hole H045 intersected one of the longest and strongest sections of mineralization reported in this news release with 459m at 0.91% CuEq.

The Hat Project is a large alkalic copper-gold porphyry-type deposit located in northwestern British Columbia that since 2011 has been explored by Doubleview utilizing technical surveys and diamond drilling operations. Hat Property surveys and drilling have been largely directed to the Lisle copper-gold-cobalt-scandium mineral zone. Principal minerals are chalcopyrite, pyrite and magnetite hosted in volcaniclastic and gabbroic formations. The Lisle Zone has indicated dimensions of approximately 2.7 km by 1.7 km and is still being delimited laterally and at depth.

Drill holes reported in this news release were positioned as follows:

H045 and H046 expanded the West Lisle area, H047 extended an area of strong mineralization north-northeast of the Main Lisle Zone that was discovered by drilling in 2022 and holes H049, H050 and H051 added significantly to the west side of the Main Lisle Zone. Assay data are included in Table 1. Assays are summarized as follows:

North-Northeast of Lisle Zone:
– Drill hole H047 intercepted 343.6 meters* with 0.91% Cu Equivalent** from surface, including 120.9 meters with 1.05% CuEq.

West of the Lisle Zone:
– Drill hole H045: intercepted 459.0 meters with 0.92% Cu Eq from 28m depth, including 127.0 meters with 0.98% Cu Eq.
– Drill hole H046: intercepted 315.1 meters with 0.81% Cu Eq from 66m depth, including 141.0 meters with 0.97% Cu Eq.

Main-west of the Lisle Zone:
– Drill hole H049: Assays pending.
– Drill hole H050: intercepted 290.1 meters with 1.03% Cu Eq from near surface, including 207.6 meters with 1.08% Cu Eq.
– Drill hole H051: intercepted 313.4 meters with 0.96% Cu Eq from near surface, including 44.8 meters with 1.30% Cu Eq.

Note: (*) Drill hole intercepts are presented as drilled. The company does not have sufficient information to provide true deposit dimensions.

Significant intercepts are presented in Table 1 and discussed below. Drill hole locations and sections are shown in Figures 1, 2, 3 and 4 and coordinates and other location details are presented in Table 2.

Farshad Shirvani, Doubleview's president and CEO, comments that "Recent drilling exploration has shown continuity and strength of mineralization in the Lisle deposit, although boundaries in all directions are not yet known. The year 2023 is crucial for the development of the Hat project, as it involves metallurgical studies and the maiden resource estimation, which will provide insights into the significance of this deposit. I am delighted that we have one of the largest and potentially viable Scandium and Copper deposits in the Western Hemisphere."

TABLE 1. Assay results
https://www.acnnewswire.com/docs/Multimedia/20230601.Doubleview1.jpg

Notes:
– Metal equivalents should not be relied upon for future evaluations.
– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.

**Copper Equivalent (CuEq%) is estimated using the following metal values and equations:

– *CuEq(%) =(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)

– Price_Ag = $22.20/troy oz, Price_Au=$1,812.14/ troy oz, Price_Co = $23.30/lb, Price_Cu = $3.84/lb, Price_Sc

TABLE 2. Drill Hole Data
https://www.acnnewswire.com/docs/Multimedia/20230601.Doubleview2.jpg

Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview's core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

The following map and sections show the location of the reported drill holes.

Figure 1. Drill PLAN MAP
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_001full.jpg

Figure 2. Section A – A'
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_002full.jpg

Figure 3. Section B – B'
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_003full.jpg

Figure 4: Section C – C'
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_004full.jpg

Doubleview maintains a website at www.doubleview.ca which is under construction at the moment.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

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 risks.

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

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.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/168327

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Is Pleased to Announce Drill Hole Assay Results and Strong Mineralization Connects West Lisle Mineralization with the Main Lisle Mineralization

Vancouver, British Columbia, June 1, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the “Company or “Doubleview”) is pleased to announce assay results of Hat Project drill holes H045, H046, H047, H048, H050 and H051. Drill hole H050 intersected the strongest Cobalt mineralization yet with 2240g/t over 3 meters. Drill hole H045 intersected one of the longest and strongest sections of mineralization reported in this news release with 459m at 0.91% CuEq.

The Hat Project is a large alkalic copper-gold porphyry-type deposit located in northwestern British Columbia that since 2011 has been explored by Doubleview utilizing technical surveys and diamond drilling operations. Hat Property surveys and drilling have been largely directed to the Lisle copper-gold-cobalt-scandium mineral zone. Principal minerals are chalcopyrite, pyrite and magnetite hosted in volcaniclastic and gabbroic formations. The Lisle Zone has indicated dimensions of approximately 2.7 km by 1.7 km and is still being delimited laterally and at depth.

Drill holes reported in this news release were positioned as follows:

H045 and H046 expanded the West Lisle area, H047 extended an area of strong mineralization north-northeast of the Main Lisle Zone that was discovered by drilling in 2022 and holes H049, H050 and H051 added significantly to the west side of the Main Lisle Zone. Assay data are included in Table 1. Assays are summarized as follows:

North-Northeast of Lisle Zone:

  • Drill hole H047 intercepted 343.6 meters* with 0.91% Cu Equivalent** from surface, including 120.9 meters with 1.05% CuEq.

West of the Lisle Zone:

  • Drill hole H045: intercepted 459.0 meters with 0.92% Cu Eq from 28m depth, including 127.0 meters with 0.98% Cu Eq.
  • Drill hole H046: intercepted 315.1 meters with 0.81% Cu Eq from 66m depth, including 141.0 meters with 0.97% Cu Eq.

Main-west of the Lisle Zone:

  • Drill hole H049: Assays pending.
  • Drill hole H050: intercepted 290.1 meters with 1.03% Cu Eq from near surface, including 207.6 meters with 1.08% Cu Eq.
  • Drill hole H051: intercepted 313.4 meters with 0.96% Cu Eq from near surface, including 44.8 meters with 1.30% Cu Eq.

Note: (*) Drill hole intercepts are presented as drilled. The company does not have sufficient information to provide true deposit dimensions.

Significant intercepts are presented in Table 1 and discussed below. Drill hole locations and sections are shown in Figures 1, 2, 3 and 4 and coordinates and other location details are presented in Table 2.

Farshad Shirvani, Doubleview’s president and CEO, comments that “Recent drilling exploration has shown continuity and strength of mineralization in the Lisle deposit, although boundaries in all directions are not yet known. The year 2023 is crucial for the development of the Hat project, as it involves metallurgical studies and the maiden resource estimation, which will provide insights into the significance of this deposit. I am delighted that we have one of the largest and potentially viable Scandium and Copper deposits in the Western Hemisphere.”

TABLE 1. Assay results

DDH From
(m)
To
(m)
Length
(m)
Ag
(g/t)
Au
(g/t)
Co
(g/t)
Cu
(%)
Sc
(g/t)
CuEq
(%)* incl
Sc2O3
H045 28.0 487.0 459.0 0.49 0.09 87.4 0.15 29.5 0.92
Inc. 28.0 184.0 156.0 1.00 0.07 85.0 0.20 27.7 0.91
Inc. 91.0 184.0 93.0 1.10 0.09 93.5 0.28 27.0 0.98
Inc. 336.0 463.0 127.0 0.31 0.16 141.1 0.22 26.8 0.98
Inc. 338.0 418.0 80.0 0.37 0.19 183.6 0.26 29.2 1.11
Inc. 338.0 385.0 47.0 0.43 0.22 205.1 0.30 32.9 1.27
Inc. 352.0 385.0 33.0 0.49 0.28 228.3 0.37 30.0 1.30
H046 44.0 359.1 315.1 0.53 0.10 108.8 0.16 23.8 0.81
Inc. 128.0 281.0 153.0 0.92 0.15 142.7 0.26 24.0 0.95
Inc. 128.0 356.0 228.0 0.66 0.14 119.7 0.20 22.2 0.84
Inc. 128.0 269.0 141.0 0.70 0.15 145.9 0.26 25.0 0.97
H047 7.6 351.2 343.6 0.55 0.11 73.9 0.12 30.0 0.91
Inc. 14.0 336.7 322.7 0.57 0.11 75.2 0.13 29.4 0.91
Inc. 99.0 219.9 120.9 0.86 0.20 97.1 0.17 31.0 1.05
Inc. 99.0 158.3 59.3 1.22 0.37 135.8 0.25 32.0 1.26
Inc. 99.0 120.3 21.3 0.37 0.58 147.6 0.09 31.5 1.24
Inc. 145.5 158.3 12.8 3.83 0.45 195.5 0.75 29.3 1.71
Inc. 219.5 219.9 0.4 18.70 0.36 192.0 2.28 18.1 2.76
H050 64.2 342.3 278.1 0.85 0.11 143.9 0.21 29.0 0.99
Inc. 12.8 302.8 290.1 0.81 0.10 148.3 0.19 31.0 1.03
Inc. 99.1 306.7 207.6 1.11 0.13 178.9 0.26 29.2 1.08
Inc. 99.1 165.6 66.5 2.96 0.24 350.9 0.55 29.6 1.49
Inc. 127.3 130.2 3.0 45.90 1.31 1715.0 5.87 16.4 7.19
Inc. 146.5 149.5 3.0 2.85 0.23 2240.0 0.34 3.1 1.58
Inc. 202.5 247.4 45.0 0.35 0.14 190.3 0.20 29.8 1.04
H051 7.0 320.4 313.4 0.35 0.06 76.4 0.11 33.7 0.96
Inc. 107.9 152.7 44.8 1.78 0.27 221.4 0.51 24.9 1.30
Inc. 117.5 118.7 1.2 19.60 2.41 1490.0 5.17 14.7 6.98

Notes:

– Metal equivalents should not be relied upon for future evaluations.

– Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.

**Copper Equivalent (CuEq%) is estimated using the following metal values and equations:

– *CuEq(%) =(Ag(g/t) x Price_Ag x Rec_Ag/31.1035 + Au(g/t) x Price_Au x Rec_Au/31.1035 + Co(%) x Price_Co x Rec_Co x 22.0462 + Cu(%)x Price_Cu x Rec_Cu x 22.0462 + Sc(g/t) x Price_Sc x Rec_Sc x Sc_con) / (Price_Cu x 22.0462)

– Price_Ag = $22.20/troy oz, Price_Au=$1,812.14/ troy oz, Price_Co = $23.30/lb, Price_Cu = $3.84/lb, Price_Sc

TABLE 2. Drill Hole Data

Drill Hole ID UTM – East UTM – North Elevation Max-Depth Azimuth Dip Area
H044 347,148 6,454,257 972 18 290 -55 Lost Hole
H045 347,151 6,454,269 972 562 45 -60 Lisle West
H046 347,151 6,454,269 972 482.3 180 -65 Lisle West
H047 348,035 6,454,681 1,034 352.2 0 -90 Lisle West
H050 347,471 6,454,073 964 557.5 0 -59.33 Lisle West
H051 347,471 6,454,073 964 461.5 30 -67.5 Lisle West

Quality Assurance and Quality Control:

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview’s core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.

The following map and sections show the location of the reported drill holes.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_001.jpg

Figure 1. Drill PLAN MAP

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_002.jpg

Figure 2. Section A – A’

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_003.jpg

Figure 3. Section B – B’

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_003full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_004.jpg

Figure 4: Section C – C’

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/168327_57d8eee8c4f4c907_004full.jpg

Doubleview maintains a website at www.doubleview.ca which is under construction at the moment.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

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 risks.

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

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.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/168327



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