5 more Holes to be Released and Drilling is Continuing About the Hat Copper-Gold Alkalic Porphyry Project
The Hat Copper-Gold Porphyry Project, located southwest of Dease Lake in the Stikine Mining District of Northwestern British Columbia, comprises seven mineral tenures with total area 3561 hectares. The property is equipped with a 12 person camp and is serviced entirely by helicopters. Drilling is contracted to a northern based company affiliated with the local First Nation.
Prospecting, geological, geochemical and geophysical work by Doubleview and others since 1978 and exploration by diamond drilling have resulted in the discovery of a robust alkalic copper gold porphyry system of unknown dimensions. Mineralization occurs in volcaniclastic rocks of the Mesozoic age Stuhini Formation and in dioritic and gabbroic intrusive rocks all of which have been affected by faulting and metamorphism. Doubleview, beginning in May, 2013, has drilled 5994 metres in twenty holes and drilling is continuing. Initial drilling was directed to strong copper-in-soils geochemical anomalies, followed by investigation of induced polarization geophysical chargeability anomalies and associated magnetic anomalies. Core samples have been analysed by accredited commercial laboratories and QA/QC protocols are observed in the field and in the labs. Analytical results have been included in Doubleview news releases that may be viewed on the Company’s website: www.doubleview.ca.
Doubleview’s Discovery Zone, aka the “Lisle” Zone, is closely aligned with a chargeability high geophysical feature that has northwest-southeast dimensions in excess of 1.2 km and width of more than
500 metres. Drill holes directed to a second anomaly located 1.5 km west northwest of the discovery anomaly returned similar copper mineralization and will be further explored in the near future. Several other geochemical and geophysical anomalies have not yet been tested by drilling.
The Company has engaged an archaeological consultant to investigate possible areas of historic significance.
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.