Mr. Farshad Shirvani reports

DOUBLEVIEW ANNOUNCES EXPLORATION AND WORK PROGRAM ON ITS RED SPRING SILVER-COPPER AND GOLD PROPERTY

Doubleview Capital Corp. has provided details of mineral exploration activities and has resumed exploration at its Red Spring copper-silver property, which is located 160 kilometres north of Smithers, B.C.

Building on the success of its Hat project, as well as the recent strengthening of metal markets, the company is proceeding to advance its other exploration projects. In recent months, Doubleview's team has evaluated a large number of gold, silver and gold-copper properties in British Columbia, western United States and elsewhere; and it is continuing to search for opportunities to add to the company's portfolio of such properties and assets. The company has identified and is negotiating acquisition of two significant properties and, when appropriate, will issue further news releases.

Red Spring copper-silver property

The Ministry of Energy and Mines has waived the need for a permit to drill a small number of shallow holes on the Red Spring copper-silver property in order to further explore the near-surface extent of mineralization. The innovative shallow-hole drilling using a very lightweight easily portable unit will have a negligible footprint and will be a logical continuation of a just-completed, approximately one square kilometre, detailed soil geochemical sampling program and will target newly identified areas of exploration potential, as well as test and confirm historical work. Following receipt of soil analyses and compilation of all newly acquired and historical data, the company plans to continue exploration of the property.

The Red Spring property comprises 215.75 hectares and includes the historic Red Spring high-grade copper-silver occurrences that have been explored in recent decades by technical surveys, including geological mapping, geochemical surveys and induced polarization geophysical surveys, and by at least 1,200 metres of diamond drilling. Previous operators estimated a preliminary near-surface, non-NI 43-101-compliant resource of 4.5 million tonnes with 0.5 per cent copper and 11.9 grams per tonne silver.

Hat gold-copper property exploration program

In 2011, Doubleview optioned the Hat property, located southwest of Dease Lake, northwestern British Columbia, and subsequently conducted more than 8,300 metres of diamond drilling that resulted in the identification of an important gold-copper alkalic porphyry-type resource. Work was halted in July, 2015, as a result of the occupation of the site by a delegation from the local first nation that caused the locally based first nation contractor to remove its personnel. The company has resolved this issue and will resume work when financing is in place.

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