DOUBLEVIEW CAPITAL CORP. (“Doubleview”) (TSX-V: DBV) is pleased to announce that it has acquired three additional mineral tenures with area 183.92 hectares adjacent to its Metropolitan property located southeast of Revelstoke, B. C. in the historic Lardeau silver-lead-zinc mining district. Doubleview now holds, by purchase and staking, 1062.31 hectares in a highly prospective area in which at least three significant properties have been explored in the past by trenching and underground work. Several large exploration programs were conducted in the district during the 2011 field season.
About the Metropolitan Property
The Metropolitan property is located at high elevation near the headwaters of Ferguson Creek, 10 km northeast of Trout Lake community and 50 km southeast of Revelstoke, B.C. Historic production of silver-lead-zinc in the area came from fold-related carbonate-hosted deposits in and near contacts between limestone and chlorite schist.
Erik A. Ostensoe, P. Geo, an independent consulting geologist, is Doubleview’s Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, with respect to the Metropolitan Property and has reviewed the contents of this news release.
On behalf of the Board of Directors
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Capital Corp.
Suite 310, 675 West Hastings Street
Vancouver, BC V6B 1N2
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 and complete an exploration program on the Metropolitan 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 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.