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Doubleview Capital Corp
Symbol DBV
Shares Issued 66,787,800
Close 2015-07-02 C$ 0.16
Market Cap C$ 10,686,048
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Doubleview resumes drilling at Hat

2015-07-02 17:50 ET - News Release

Mr. Farshad Shirvani reports

DOUBLEVIEW STEPS OUT 1 KM FROM LISLE ZONE DISCOVERY AS DRILLING RESUMES AT HAT PROJECT

Doubleview Capital Corp. has resumed drilling at the Hat project in northwest British Columbia's Sheslay district. The company is aggressively following up on best-ever results achieved from drilling late last year and an enhanced understanding of this dynamic gold-copper porphyry system that is interpreted to have a footprint of at least three kilometres by four kilometres.

Large step-out from Lisle discovery zone

Drill hole H-24 has been collared nearly 1,000 metres northwest of H-23, approximately midway between the Lisle discovery zone and the Anomaly A area that was the site in 2013 of the first-ever holes drilled at the property. A strong anomaly (magnetic, chargeability, potassium, copper and gold geochemical) has been outlined around H-24.

Farshad Shirvani, Doubleview president and chief executive officer, commented: "Through just 23 drill holes, with increasing success each round, we've taken the Hat project from a grassroots stage to an emerging world-class discovery in a prolific district that includes the Red Chris mine now going into commercial production.

"In partnership with Tahltan Drilling Services, we are advancing the Hat project in a way that not only builds value for Doubleview shareholders but creates expanded opportunities for the Tahltan Nation. Doubleview is working closely and co-operatively with the Tahltan Nation as they build a sustainable future within their traditional territory," Mr. Shirvani concluded.

Strong evidence Lisle zone is edge of much larger system

After reinterpreting geological, geochemical, geophysical and analytical data from an updated database that incorporates all historical data from the 1960s up to the recent property information, the Doubleview technical team, led by chief geoscientist Dr. Abdul Razique, believes that anomalies A, B (Lisle zone) and E collectively comprise a single alkalic gold-rich copper porphyry system within a much larger Hat complex that also includes anomalies C, D, and the Hoey and Gossan Creek prospects southeast of the Lisle zone. The studies have also identified two new exploration targets, F and G. Target A2 is the focus of this initial 2015 drilling campaign. Current drilling will utilize the same sampling and quality assurance/quality control procedures that were followed in previous programs. Following core logging, half-cores will be submitted to an independent analytical laboratory, and the remaining half-core will be retained on site for future reference. Reference samples, duplicates and blanks will be inserted into the sample stream, and the laboratory will also perform its customary quality control analyses.

Assay results from the current round of drilling, along with results from the remaining 250 metres of H-23 which are pending, will be released as soon as they are received, reviewed and interpreted.

New Doubleview corporate presentation

To view Doubleview's latest corporate presentation, including Hat project details, please visit the company's website.

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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