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Doubleview Capital Corp
Symbol DBV
Shares Issued 58,648,633
Close 2015-01-16 C$ 0.12
Market Cap C$ 7,037,836
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Doubleview drills 29.6 m of 0.82% CuEq at Hat

2015-01-19 09:06 ET - News Release

Mr. Farshad Shirvani reports

DOUBLEVIEW DRILLS INTO STRONG GOLD-COPPER MINERALIZATION IN HAT H-23 AND EXTENDS LISLE ZONE

Doubleview Capital Corp. has provided strong copper-gold mineralization and has discovered a further extension of the Lisle zone from partial assay results from deep drill hole HAT H-23 at company's Hat project in northwest B.C.'s Sheslay district.

Doubleview has received assays for only the first 220.2 metres of hole H-23 which had reached 650 metres depth when both drilling and sampling work were suspended on Dec. 20, 2014. Lisle zone gold-copper mineralization was encountered almost from the collar and appeared to continue with increasing strength well beyond the part for which analytical data have been received.

Available analytical data show that hole H-23 includes sections with gold and copper values that are significantly greater than those obtained from earlier drilling, including a 29.6-metre interval from 190.6 to 220.2 metres with 0.63 gram per tonne gold and 0.36 per cent copper (0.82 per cent copper equivalent (CuEq)). Additionally, the 152.28-metre section from 63.0 to 220.2 metres returned 0.24 g/t gold and 0.25 per cent copper (0.42 per cent CuEq).

HAT H-23 extends the northern boundary of the Lisle zone by 110 metres. The Lisle zone now has been partially defined with dimensions one kilometre east-west and one-half km north-south, and is open to extension in all directions.

Note: CuEq is estimated based on Au at $1,280 per ounce, Cu at $2.61 per pound and Ag at $17.78 per ounce.

Based on reports of preliminary visual inspection by non-qualified persons of all core from hole H-23, mineralization appears to increase with depth.

Farshad Shirvani, Doubleview president and chief executive officer, states: "Each round of drilling at the Hat continues to produce even better results. This particular hole, H-23, further demonstrates the potential of this growing alkali porphyry discovery to host exceptional gold grades in addition to copper values similar to those of all other porphyry mines in the province. We are eagerly anticipating receipt of the remaining analytical data from HAT H-23 as well as to resumption of drilling to better define the Lisle zone. The company's Hat project is possibly B.C.'s most exciting new mineral discovery since the millennium and may lead to definition of a world-class mining district."

Quality assurance/quality control

Doubleview observes industry-standard quality assurance and quality control protocols. All drill cores are sampled on site by sawing the core length-wise and placing one-half securely in a bag for transfer to the prep lab; one-half is retained on site for future reference. All core samples are submitted to an independent fully accredited ISO 9001:2008 certified analytical laboratory where gold is determined by fire assay and atomic absorption (AA) methods, and for 45 other elements, by four-acid digestion followed by induced coupled plasma/emission spectrometry (ICP-ES) determination. Samples with copper content greater than the ICP upper detection limit (more than 10,000 parts per million) are analyzed by atomic absorption. QA/QC protocols are observed at all stages of core processing, including security in transit of samples with "chain of custody" documentation, preparation of duplicate samples from pulps, insertion of standard samples into the sample stream, replicate analyses of samples, and performance of check assaying by a second independent laboratory. In the recent past data were reviewed by an independent consultant who found all analytical data to be fully acceptable in terms of reproducibility.

Qualified person

Erik A. Ostensoe, PGeo, 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.

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