Doubleview Capital Corp. (“Doubleview”) ([TSX-V: DBV], [OTCBB: DBLVF], [GER: 1D4]) is pleased to provide an update of its plans to resume drilling and other property work on the Hat Gold-Copper Porphyry Project in Northwest British Columbia.
Diamond drilling will resume immediately following completion of financing arrangements. Initial efforts will be directed to extending the Lisle Zone – Zone A, both laterally and at depth. Of particular interest will be the validation of the apparent trend to depth of increasingly strong gold-copper mineralization in the Lisle Zone that has not been delimited in any direction.
Available data from the area between the Lisle Zone and the so-called “Hoey” zone of gold-copper-iron mineralization, situated 1.2 km to the southeast, shows continuity of geophysical and geochemical features: that area and other selected exploration targets also will be investigated.
Doubleview is well positioned to resume its exploration efforts, with a fully functioning camp, an inventory of fuels and other requirements, and a crew of experienced First Nations drillers that has been on stand-by. During the last year the Company has worked hard to consult and inform members of local First Nations that have asserted land claims in the area and will continue to do so and, in addition, is in discussions with members of the Tahltan First Nation to establish a logistics company to supply diamond drilling and other exploration services to the mining industry in northern British Columbia. Such an arrangement will provide enhanced employment opportunities for Band Members and contribute to the sustainability of the FN community.
Doubleview will continue its exploration in the key highly prospective central and northern parts of the property, including the Lisle and Hoey Zones. Those areas have been designated of low archaeological potential. The company’s archaeological consultants have applied for an Heritage Investigation Permit (HIP) to allow a comprehensive field review of archaeological potential of the Hat Property. Results of the review will be shared with all stakeholders, including but not limited to both the Taku River Tlingit and Tahltan First Nations.
Management of Doubleview Capital Corp. is reviewing financing opportunities and expects to finalize financial arrangements in the immediate future, at which time the details will be provided in a News Release.
About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBV], [OTCBB: DBLVF], [GER: 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 Capital Corp.
409 Granville St., Suite #880
Vancouver, BC V6C 1T2
Farshad Shirvani, President & CEO
T: (604) 678-9587
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.
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