Doubleview Receives Expanded Exploration and Drill Permit for Hat Project, Prepares for Next Round of Drilling
Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV) is pleased to report that it has received an expanded five-year exploration and drilling permit from the Ministry of Energy and Mines for the Hat Gold-Copper Porphyry Project in northwest British Columbia’s Sheslay district. This permit will allow the Company to use equipment at the Hat which will significantly reduce drilling and exploration costs.
Doubleview currently is organizing and mobilizing an aggressive 2015 drilling season to follow up on 23 holes completed during 2013 and 2014 that have revealed a gold-rich alkalic copper porphyry system that remains open to expansion in all directions. The Company believes that the Hat property may be host to a major, world class deposit.
A field crew led by Dr. Abdul Razique, Doubleview’s chief geoscientist, recently completed a comprehensive program that included final core sampling of drill hole H-023 and detailed re-examination and re-logging of much of the entire Hat Property drill core. Selected parts of cores from 2013 were also sampled.
Doubleview eagerly anticipates assay results from the remaining 250 metres of drill hole H-023 and other samples that will be released as soon as they are received, reviewed and interpreted.
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.
409 Granville St., Suite #880
Vancouver, BC V6B 1N2
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.
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.