DOUBLEVIEW CAPITAL CORP. (“Doubleview”) (TSX-V: DBV) is pleased to announce that it has started exploration program on its Mt Milligan North Project. The exploration program, which includes MMI (mobile metal ion) soil sampling, is designed to verify potential anomalies that were previously identified by a biogeochemistry survey. Biogeochemistry is a reconnaissance exploration method that analyses trace accumulation of metals in vegetation. The lodgepole pine outer bark biogeochemistry survey conducted by a major on the western part of Mt Milligan North Property identified multi-element anomalies for Copper, Silver, Molybdenum and Lead.
Doubleview has elected to use MMI for its exploration program as, theoretically, the mobile ions of a buried metallic element appears with soil content in the B horizon of surficial soil. MMI is a soil geochemistry sampling method that measures metallic ions that have migrated from deeper metallic bodies and adhered to soil particles near the surface. In many cases this geochemical method has an advantage over soil analysis geochemistry surveys, particularly where the soil has transported by slope slumping or glaciations. Samples will be analyzed by SGS Laboratories following MMI analytical guidelines and technologies developed by Wamtech Pty Ltd.
About Mt. Milligan North Property
The Mt. Milligan North property, comprising 30 mineral tenures with total area 11,746 hectares, is located 165 km northwest of Prince George, British Columbia, Canada. The Mount Milligan North Property is accessed by Germansen North Forest Service Road 112 kilometres from Fort St. James and then easterly along well-used logging roads and a network of former haul roads.
For further information please contact:
Doubleview Capital Corp.
Suite 310, 675 West Hastings Street
Vancouver, BC V6B 1N2
Farshad Shirvani, Chief Executive Officer
T: (604) 678-9587
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 ability to complete the proposed exploration program on the Mount Milligan North Property, 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 form 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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