Vancouver, BC / ACCESSWIRE / June 5 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces continuation of exploration work on its 100% owned, 3561 hectare Hat copper-gold porphyry property located in the Sheslay Valley of the Stikine Mining District of Northwest B. C. The Company has completed 4169.1 metres of drilling in 15 drill holes, of which 8 holes were directed to the Lisle Zone where drill hole H11 intersected 451 metres (1480 feet) with 0.33% Cu Eq and drill hole H12 intersected 246m with 0.35% Cu Eq including 94 metres (308 feet) with 0.60% Cu Eq (News Release 14/May/2014). Core photographs may be viewed on the Doubleview website - www.doubleview.ca
The Company's re-examination of the core from previous drill holes has better defined the Lisle Zone mineralization and its close relationship to the "Sheslay Red Stock" syeno-gabbroic intrusion. The current drilling program will further explore the Lisle Zone mineralization.
Caution: there has been insufficient exploration to allow definition of a mineral resource and there can be no assurance that further property work will enable estimation of a mineral resource.
Doubleview holds an option to acquire 100% interest in the Hat Project.
About Doubleview Capital Corp.
Doubleview Capital Corp. is a Canadian resource exploration and development company located in Vancouver, British Columbia that is publicly traded on the TSX-Venture Exchange with the symbol TSX-V:DBV.
Doubleview identifies, acquires and finances quality precious and base metal exploration and mining projects in North America and more specifically British Columbia, Canada. Doubleview's objective is to increase shareholder value through strategic and quality Gold, Copper and Silver project acquisitions, followed by application of advanced, state of the art, exploration methods.
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
T: (604) 678-9587
E: [email protected]
Farshad Shirvani, President & CEO
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 current exploration and drilling activities, 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.
SOURCE: Doubleview Capital Corp.