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Enter Symbol
or Name
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CA



Doubleview Capital Corp
Symbol DBV
Shares Issued 67,477,800
Close 2016-06-14 C$ 0.115
Market Cap C$ 7,759,947
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Doubleview Capital to restart drilling at Hat

2016-06-14 06:54 ET - News Release

Mr. Farshad Shirvani reports

DOUBLEVIEW ANNOUNCES RESUMPTION OF EXPLORATION AT ITS HAT PROPERTY

Doubleview Capital Corp. is providing an update of its plans to resume drilling and other property work on the Hat gold-copper porphyry project in northwest British Columbia.

Diamond drilling will resume immediately following completion of financing arrangements. Initial efforts will be directed to extending the Lisle zone-zone A, both laterally and at depth. Of particular interest will be the validation of the apparent trend to depth of increasingly strong gold-copper mineralization in the Lisle zone that has not been delimited in any direction.

Available data from the area between the Lisle zone and the so-called Hoey zone of gold-copper-iron mineralization, situated 1.2 kilometres to the southeast, show continuity of geophysical and geochemical features; that area and other selected exploration targets also will be investigated.

Doubleview is well positioned to resume its exploration efforts, with a fully functioning camp, an inventory of fuels and other requirements, and a crew of experienced first nations drillers that has been on standby. During the last year the company has worked hard to consult and inform members of local first nations that have asserted land claims in the area and will continue to do so, and, in addition, is in discussions with members of the Tahltan First Nation to establish a logistics company to supply diamond drilling and other exploration services to the mining industry in Northern British Columbia. Such an arrangement will provide enhanced employment opportunities for band members and contribute to the sustainability of the FN community.

Doubleview will continue its exploration in the key highly prospective central and northern parts of the property, including the Lisle and Hoey zones. Those areas have been designated of low archeological potential. The company's archeological consultants have applied for a heritage investigation permit (HIP) to allow a comprehensive field review of archeological potential of the Hat property. Results of the review will be shared with all stakeholders, including but not limited to both the Taku River Tlingit and Tahltan first nations.

Management of Doubleview Capital is reviewing financing opportunities and expects to finalize financial arrangements in the immediate future, at which time the details will be provided in a news release.

We seek Safe Harbor.

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