Doubleview Continues Exploration Program on the Hat Gold – Copper Porphyry Project
Doubleview Capital Corp. (“Doubleview”) (TSX-V:DBV) is pleased to announce the continuation of work on Hat gold – copper porphyry property located in the Sheslay Valley of the Stikine Mining District of Northwest B. C. During the 2013 and 2014 field seasons, Doubleview has completed more than 7000 metres of diamond drilling on the Property, most of which was directed to the Lisle Zone where drill hole H-11 intersected 451 metres (1480 feet) with 0.33% Cu Eq., drill hole H-12 intersected 94 metres (308 feet) with 0.60% Cu Eq. (News Release 14/May/2014) and drill hole H-22 intersected 404 metres with 0.25% Cu and 0.255 g/tonne Au (0.40% CuEq) including 118 metres with 0.55% Cu and 0.41 g/tonne Au (0.80% CuEq) (News Release 23/Oct/2014). Core photographs may be viewed on the Doubleview website – www.doubleview.ca
Doubleview`s field crew and consultants are en route to the Hat Property to continue exploration program, build some needed structures and to winterize the camp. Further details of the exploration program will be announced in the coming week.
As reported in News Release O6/Oct/2014, Doubleview’s re-examination of cores from previous drill holes has better defined the Lisle zone mineralization and its relation to Stuhini Formation volcaniclastic host rocks and the “Sheslay Red Stock” syeno-gabbroic intrusion. Doubleview believes that the Lisle Zone is the first major new discovery of a porphyry-type mineral deposit in British Columbia since the 1980s.
Caution: there has been insufficient exploration to allow definition of a mineral resource and there can be no assurance that further property work will enable estimation of a mineral resource. Mr. Erik A. Ostensoe, P. Geo., a consulting geologist, is Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Ostensoe 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: A1W038]. 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. Doubleview’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 310, 675 West Hastings Street
Vancouver, BC V6B 1N2
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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