19:40:57 EDT Thu 18 Apr 2024
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Doubleview Capital Corp
Symbol DBV
Shares Issued 67,477,800
Close 2016-05-25 C$ 0.08
Market Cap C$ 5,398,224
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Doubleview pleased with court injunction over Hat

2016-05-25 19:18 ET - News Release

Mr. Farshad Shirvani reports

DOUBLEVIEW OBTAINS INJUNCTION

Doubleview Capital Corp. has been successful in its application, obtaining an injunction order from the Supreme Court of British Columbia on May 24, 2016, preventing interference with drilling activity at Doubleview's gold-copper porphyry Hat project, located in northwestern British Columbia. The order restrains Chad Norman Day, president of the Tahltan Central government; Heather Hawkins, vice-president of the Tahltan Central government; and certain other named first nation elders (the defendants). In addition, the order restrains any persons acting under the instruction of the defendants or anyone with knowledge of the order.

In the near future, Doubleview plans to carry out further drilling activities on its gold-copper porphyry Hat project.

Since 2011, the Hat project has been Doubleview's lead exploration project. Working with the co-operation of Tahltan Drilling Company and other members of the Tahltan First Nation, Doubleview has conducted geophysical and geochemical surveys, a preliminary archeological evaluation, and 8,300 metres of diamond drilling in 25 drill holes. Doubleview's technical surveys and drilling in a small part of the Hat project have discovered the Lisle zone, an important gold-copper target that has not been delineated. Several target areas, including possible extensions of the Lisle zone, remain to be investigated.

We seek Safe Harbor.

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