Mr. Farshad Shirvani reports

DOUBLEVIEW CAPITAL CORP. PROVIDES UPDATE ON HAT PROJECT DIAMOND DRILL PROGRAM

Doubleview Capital Corp. is providing an update on the current drilling program at the Hat copper-gold porphyry project located in the Stikine mining district of northwestern British Columbia. The initial six-hole drilling program is designed to test a primary target on the property, which comprises an extensive area of copper and gold soil geochemical anomalies that are coincident with historic induced polarization chargeability anomalies.

To date, Doubleview has completed five drill holes for an aggregate length of 1,106 metres. Drill cores are being logged, and core samples will be split and shipped directly to accredited lab facilities for analysis after preparation. It is expected that the initial phase of drilling will be completed in about six days. Analytical results will be reported when received.

Appointment of new director

Doubleview is also pleased to announce that it has appointed Allan Fabbro as a director of Doubleview. Mr. Fabbro currently serves as executive officer and/or director of a number of junior resource companies listed on the TSX Venture Exchange, including American Consolidated Minerals Corp., Canada Gold Corp., Midnight Sun Mining Corp., Roxgold Inc. and WPC Resources Inc.

About the Hat project

The Hat project is a highly regarded early-stage exploration prospect, with a history of surface exploration (historical exploration timeline is available on the company's website), situated in the Stikine district of northwestern British Columbia, where several large copper-gold properties are being actively explored, including Red Chris (Imperial Metals), Schaft Creek (Copper Fox) and Galore Creek (Novagold and Teck), where permitting, environmental studies, and prefeasibility and feasibility studies, and at Red Chris, construction, are in progress. The Hat project was last investigated by a major company in 1979, and present-day exploration methods have not been applied.

Doubleview holds an option to acquire a 100-per-cent interest in the Hat project, subject to a 2-per-cent net smelter return royalty. The Hat project, located 95 kilometres west of Dease Lake, comprises six mineral tenures with total area of 1,891 hectares and includes several drill-ready copper-gold exploration targets.

Erik A. Ostensoe, PGeo, a consulting geologist, is Doubleview's qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, with respect to the Hat project, has provided on-site supervision of the drilling, and has reviewed and approved the technical disclosure of this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder and is a co-optionor of the Hat project.

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