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Doubleview Capital Corp
Symbol DBV
Shares Issued 67,477,800
Close 2016-10-14 C$ 0.07
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Doubleview prepares to resume diamond drilling at Hat

2016-10-17 10:06 ET - News Release

Mr. Farshad Shirvani reports

HAT GOLD-COPPER PROJECT NOW READY FOR YEAR-ROUND EXPLORATION AND DRILLING

Doubleview Capital Corp.'s Hat project gold-copper alkalic porphyry discovery in Northern British Columbia is now ready for year-round exploration.

Doubleview has commenced preparations for resumption of diamond drilling operations at its Hat property. Recently upgraded camp facilities will allow exploration and drilling crews to continue exploration activities through the winter. A carpentry crew in recent weeks has upgraded and rebuilt bunkhouse and cookhouse buildings to enable work to continue on a year-round basis. Original canvas tent structures have been replaced by insulated plywood-sheeted buildings capable of withstanding winter conditions.

Several drill pads are being built for a quick start-up of drilling when the fall program begins. Arrangements of personnel and contractors are being finalized, and details of financings will be announced shortly.

The fall 2016 drilling program is expected to total about 2,000 metres and will be directed to further exploration of the highly prospective Lisle zone of mineralization where long drill hole intercepts of elevated gold and copper values have been encountered and reported in news releases. Typical intercepts include DH H-22 -- 404.20 metres with 0.26 gram per tonne gold and 0.25 per cent copper and DH H-23 -- 400.27 metres with 0.25 gram per tonne gold and 0.29 per cent copper. The zone of mineralization has not been delimited in any direction.

Gold of the Hat gold-copper deposit

In the context of porphyry-type deposit models, the gold content of the Lisle zone is one of its most significant features. The attached table contains selected higher-grade gold-bearing samples (previously reported) from throughout the 1,000-metre strike length drilled to date. The relatively high gold-to-copper ratio elsewhere within the overall mineralized zone may indicate the presence of a strong gold-bearing zone within broader copper-dominant mineralization.

                                                              Ratio
DDH    From (m)    To (m)   Length (m)   Au (g/t)   Cu (%)    Au:Cu       Ag (g/t)

H006    121.20    121.60         0.40       4.67     6.08      0.77          5.00     
H008    115.85    119.15         3.30       2.54     1.26      2.02          5.00     
H008    177.60    178.70         1.10       2.80     0.60      4.67          2.00     
H008    192.40    193.40         1.00       3.33     3.15      1.06          3.00     
H009     11.28     14.32         3.04       7.49     3.52      2.13         30.00    
H009     14.32     17.37         3.05       3.26     0.58      5.62          8.00     
H011    200.24    204.29         4.05       2.45     0.66      3.71          2.00     
H012    193.00    194.00         1.00       5.92     0.49     12.08          1.00     
H012    299.00    300.00         1.00       8.04     4.28      1.88          7.00     
H017    307.85    309.85         2.00       2.38     0.40      5.95          0.50     
H022     48.72     52.10         3.38       2.10     0.02    105.00          2.60     
H022    197.88    199.13         1.25       8.30     2.26      3.67          2.60     
H022    310.30    311.57         1.27       7.77     5.79      1.34          7.60     
H022    311.57    313.06         1.49       2.77     4.64      0.60          3.80     
H023    154.20    155.27         1.07       2.90     1.32      2.20          3.70     
H023    206.27    207.73         1.46       2.11     0.32      6.59          0.80     

Several geochemical soil sampling programs on the Hat property by previous owners and by Doubleview have demonstrated that anomalous gold occurs in conjunction with copper in soils: In particular, a geochemical soil sample from the anomaly D area, approximately 2,000 metres southwest of the Lisle zone, analyzed 0.38 per cent Cu, 55.26 grams per tonne Au and 27.9 grams per tonne Ag.

The attached table of analyses of surface rock samples from a 2008 exploration program illustrates the range of metal values, particularly gold values, that are found on the Hat property.

 
Sample ID     Type     Au (g/t)      Cu (%)     Ratio Au:Cu     Ag (g/t)

4871          Rock        2.02      2.2041             0.92        3.20
4872          Rock        7.13       0.438            16.28        2.80
4874          Rock        4.36      0.4089            10.66        1.60
4875          Rock        2.37      0.8036             2.95        1.00
4876          Rock        2.05      0.5529             3.71        0.90
4877          Rock        4.34      0.7688             5.65        1.40
4878          Rock        3.58      0.3638             9.84        1.50
4879          Rock        8.63      0.3612            23.89        2.60
4887          Rock        1.27      3.9676             0.32       23.50
4889          Rock        2.19      0.6265             3.50        0.90
4891          Rock        3.02       0.691             4.37        1.60

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.

About Doubleview Capital

Doubleview Capital is a mineral resource exploration and development company that identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia.

We seek Safe Harbor.

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