Mr. Farshad Shirvani reports
DOUBLEVIEW PROVIDES PLANS FOR LAUNCH OF 2018 FIELD SEASON
Doubleview Capital Corp. has completed a comprehensive review of historic and recent work on its Hat gold-copper-cobalt-silver porphyry project, with definition drilling and other exploration work ready to begin as soon as field conditions permit. The Hat project lies within the Golden Triangle area of northwestern British Columbia, 190 kilometres south of Atlin. Following recent tenure acquisitions, the project's claim holdings now comprise 6,308 hectares.
Diamond drilling at the Hat project will focus initially on the property's Lisle and Hoey areas, exploring the continuity of gold-copper-cobalt-silver mineralization in the two-kilometre distance between the areas. In particular, drilling site will be positioned south of Doubleview's drill hole H-22 that intersected 418.28 metres of 0.50 per cent copper equivalent mineralization including 110 m of 1.01 per cent CuEq mineralization (1). The mineralization in hole H-22 lies at the same elevation as mineral showings at the Hoey gold prospect which is also going to be explored by diamond drilling.
The Hoey area has been sampled at surface where metal values as high as 7.05 per cent copper, 8.11 grams per tonne gold and 0.54 per cent cobalt were reported from chip and channel samples. Geochemical soil samples from the area are strongly anomalous in precious metals, copper and other elements that accompany alkalic porphyry-type mineralization.
(1) See news release dated Jan. 23, 2018; CuEq figures employ the following metal prices: gold: $1,300 (U.S.)/ounce, copper: $3 (U.S.)/pound, silver: $17 (U.S.)/oz and cobalt: $35 (U.S.)/lb.
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, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder of the company.
About Doubleview Capital Corp.
Doubleview 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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