Doubleview Capital Corp. (TSX-V: DBV) Provides Update on Second Phase of Exploration Program, Diamond Drilling and Recently A...
10 Septembre 2013 - 3:25PM
Access Wire
Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) is pleased
to announce commencement of ground geophysical Induced Polarization
survey on its HAT property located west of Dease Lake, in the
Stikine Mining District of northwestern British Columbia. The
Sheslay property of Prosper Gold Corp. (TSX.V:PGX) borders the west
boundary of the Hat Property.
Approximately 40 km of induced polarization and magnetic surveys
will be directed to the 3561.43 hectare Hat property where the
Company's recently completed 1380 metre six hole diamond drilling
program tested parts of strongly anomalous areas that were
identified by historic and recent geochemical and geological
surveys and by geophysical surveys completed in 1979 by a major
exploration company. The recent drill holes were the first ever on
the property and confirmed the copper-gold alkalic porphyry
exploration model that had been proposed by the Company's
management and consultants. The following are partial analytical
data from samples of drill cores as reported by an
internationally-accredited analytical laboratory, (News Release
dated 11/June/2013):
Drill Hole HAT02: from 97.7 m to 119.3m (21.6m)
averaged 0.389% copper and 0.287 grams gold/tonne.
Drill Hole HAT03: from 50.5 m to 57.6m (7.1m)
averaged 0.214% copper and 0.182 grams gold/tonne
Drill Hole HAT04: from 56.9m to 70.3m (13.4m)
averaged 0.189% copper and 0.184 grams gold/tonne
Drill Hole HAT05: from 123.7 m to 128.8m (2.6m)
averaged 1.074% copper and 0.837 grams gold/tonne
Drill Hole HAT06: from 72.1m to 182.2m (110.1m)
assayed 0.21% copper and 0.154 grams gold per tonne.
The induced polarization and magnetic surveys, using more
powerful instruments and superior satellite-based positioning
methods, will complement data from the historic surveys posted on
Doubleview's website at
http://www.doubleview.ca/projects-2/hat-copper-gold/hat-project-drilling-targets-ip-plan-and-sections/
, and in addition will provide greater depth information and
better definition of several previously identified anomalous areas.
Other prospective areas will be surveyed at a later date. The
current survey is designed to cover and further enhance insight on
the identified targets as follows:
Target A: Soil Geochem and IP anomaly with
approximate dimensions of 1000m x 480m
Target B: Soil Geochem and Relatively Strong IP Chargeability
anomaly with approximate dimensions of 1390m x 520m. (Drill Hole
HAT0 is located on the edge of target B and is mineralized from
near the surface.)
Target C: Soil Geochem and Strong IP
Chargeability anomaly with approximate dimensions of 1350m x
920m
Target E: Soil Geochem and Relatively Strong IP
Chargeability anomaly with approximate dimensions of 820m x
660m
Details of those areas are included in Doubleview's recent news
releases that can be found on the Company's website and on
SEDAR.
The Stikine Mining District is among the most active exploration
areas of the province. Subsequent to Doubleview's initiation of
work on the Hat property, several companies have acquired ground
positions nearby: in particular, Prosper Gold Corp. (TSX-V: PGX) by
agreement with Firesteel Resources Inc. (TSX-V: FTR) is conducting
geophysical surveys and commenced diamond drilling on the Sheslay
property located immediately west of Doubleview.
Doubleview, subject to TSX Venture Exchange approval, is
completing a non-brokered private placement that will finance the
geophysical surveys and a resumption of diamond drilling. A
drilling contractor has been engaged and it is expected that
drilling will resume immediately following completion of the
geophysical surveys.
Erik A. Ostensoe, P. Geo, a consulting geologist, is
Doubleview's Qualified Person as defined by National Instrument
43-101 - Standards of Disclosure for Mineral Projects, with respect
to the Hat Project and has provided on site supervision of the
drilling and has reviewed and approved the technical disclosure of
this news release. Mr. Ostensoe is not independent of Doubleview as
he is a shareholder and is a co-optionor of the Hat Project.
About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral resource exploration and
development company, is based in Vancouver, British Columbia,
Canada and is publicly traded on the TSX-Venture Exchange
[TSX.V:DBV]. Doubleview identifies, acquires and finances precious
and base metal exploration projects in North America, particularly
in British Columbia, Canada. Doubleview increases shareholder value
through acquisition and exploration of quality gold, copper and
silver properties and the application of advanced state-of-the-art
exploration methods. Doubleview's portfolio of strategic properties
provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Capital Corp.
Suite 310, 675 West Hastings Street
Vancouver, BC V6B 1N2
Farshad Shirvani, M.Sc.
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Forward-Looking Statements
Information set forth in this news release contains
forward-looking statements that are based on assumptions as of the
date of this news release. These statements reflect management's
current estimates, beliefs, intentions and expectations. They are
not guarantees of future performance. Doubleview cautions that all
forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond Doubleview's control. Such factors include,
among other things: risks and uncertainties relating to
Doubleview's drill program on the Hat Project, limited operating
history and the need to comply with environmental and governmental
regulations. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the forward
looking information. Except as required under applicable securities
legislation, Doubleview undertakes no obligation to publicly update
or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Doubleview Capital (TSXV:DBV)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Doubleview Capital (TSXV:DBV)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024