Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV) is pleased to provide corporate update and continuation of work program on its 100% owned 3,561 hectares Hat Property located in Sheslay Valley of the Stikine Mining District of Northwest B. C.
Doubleview continues reviewing and developing the geological and mineralization model using drill hole and other data collected since 2011 when Doubleview started work on the Hat project including latest information from the first 2014 drilling program that led to discovery of the “Sheslay Red Stock”. Work will be a continuation of previous programs of drilling that totaled 4169.1 metres in 15 drill holes and will be directed to the Lisle Zone (“Anomaly B”) where drill hole H11 intersected 451 metres (1480 feet) with 0.33% CuEq, and drill hole H12 intersected 246 meters (807 feet) with 0.35% CuEq including 94 metres (308 feet) with 0.60% CuEq. (News Release 14/May/2014). Core photographs may be viewed on the Doubleview website – www.doubleview.ca
Doubleview’s technical team is reviewing the geological information and will return to the Hat property immediately to prepare for a second 2014 drilling program. Doubleview is extremely encouraged by its progress in identifying the geologic characteristics of the Lisle Zone (“Anomaly B”) and will continue exploratory work in order to define the dimensions and copper-gold values found in and close to the “Sheslay Red Stock” syeno-gabbroic intrusion that is believed to be closely related to the mineralizing event(s). Cores from some of the previous drill holes will be re-examined to better define the mineralization model and to help guide future work. The Hat Project is fully permitted and Doubleview is working closely with local contractors and stakeholders.