Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV) is pleased to report that a crew led by Dr. Abdul Razique, the Company’s chief geoscientist, has commenced field work at the Hat Gold-Copper Porphyry Complex in the Sheslay district of northwest British Columbia. The Company is fully funded to execute the next important phase at the Hat Project, following up on the discovery of the richest gold-copper values yet encountered in drilling at the property.
As the already entirely equipped camp reopens in preparation for a resumption of drilling in April, Doubleview’s most urgent priority is to log and cut 250 meters of core from drill hole H-23. When completed, samples will be forwarded to an independent analytical laboratory for analysis.
H-23 was halted at a depth of 650 meters just prior to the winter shutdown December 20. Assay results for the first 400 meters were reported in news releases January 19, 2015, and February 3, 2015. A chalcopyrite-pyrite zone in Sheslay red stock was visually observed to extend for at least 120 meters in H-23 beginning at a depth of 402 meters.
Dr. Razique, a porphyry deposit expert whose background includes 12 years exploring the massive Reko Diq mining district in western Pakistan, has reviewed the Company’s database of technical surveys and more than 7,735 meters of drilling and 3034 core samples. He is now commencing hands-on property work including re-examination of drill cores and confirmation of geological data. A refined geologic model, including lithologic and alteration interpretations, will guide the Company’s extensive 2015 exploration and drilling programs.
New DBV Corporate Presentation
To view Doubleview’s latest corporate presentation, including Hat Project details, please visit the Company’s website at doubleview.ca.
Mr. Erik A. 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 both a shareholder and a co-optionor of the Hat Project.
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], [OTC: DBLVF], [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 Capital Corp.
Suite 880, 409 Granville Street
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 ability to implement its exploration program on the Hat Property, 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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