AskMuncher
3 years ago
$DBLVF Doubleview Continues Exploration at Hat Polymetallic Deposit with Diamond Drilling
Press Release | 10/12/2021
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2021) - Doubleview Gold Corp (TSXV: DBG) (OTC PINK: DBLVF) (FSE: 1D4) ("Doubleview", the "Company") is pleased to announce it has initiated the next phase of diamond drilling at its 100% owned, HAT gold-rich copper porphyry, a polymetallic project located in Northwest British Columbia, situated in the Golden Triangle in the Tahltan First Nation's traditional territory. The Company anticipates to drill at least 2,000 metres in a minimum 4 diamond drill holes during the remainder of 2021.
The drill program aims to extend the Lisle Deposit at the HAT property to the northeast and northwest. Drill holes will be located where IP chargeability targets were recently identified by a deep penetrating 3D induced polarization geophysical survey, that has to this point produced encouraging results in diamond drill holes 34 through 37.
The initial drill site is located 550 metres northwest of the Lisle deposit, at a site where historic high-grade gold rock samples were collected, coupled with a robust 3D IP chargeability target. The second drill site is situated 350 metres to the northeast of the Lisle deposit to test a 3D IP chargeability high.
Doubleview's drill programs have evolved to further investigate chargeability targets surrounding the Lisle deposit. Company president and CEO, Mr. Farshad Shirvani commented "We are excited to be drilling at the Lisle deposit, with a focus on expanding its mineralized footprint. Lisle mineralization is open in all directions, therefore stepping out in drill locations will be a key factor in maximizing the potential size of an anticipated resource estimate."
Drill core will be photographed, logged and sampled under regular QA/QC procedures and sent to an accredited lab for analysis. The results will be published as soon as they are received and verified. The focus continues to be on gold and important critical metals, such as Copper, Cobalt, Palladium and Scandium, as announced in the company's news release dated July 22nd, 2021.
Critical Metals:
On March 11, 2021, Canada unveiled its Critical Minerals List that can be viewed by following the link below. The list includes 31 minerals considered integral to the Canadian economy.
https://www.nrcan.gc.ca/our-natural-resources/minerals-mining/critical-minerals/23414
About the Hat Project:
The Hat Property is considered a probable polymetallic porphyry deposit with characteristics similar to those of many of British Columbia's major deposits. Hat mineralization carries many of the important North American strategic metals, including but not limited to, Copper, Cobalt, and Scandium, with unique metallurgical characteristics that differ from other base metal deposits of British Columbia's Stikine Terrane. Sulphide mineralization, primarily chalcopyrite, occurs in fracture zones in dioritic intrusive rocks and strongly altered andesitic volcanic and volcaniclastic rocks of Upper Triassic age.
Doubleview acquired the Hat Property in 2011 and has conducted several programs of exploration, Doubleview discovered the Hat deposit under the supervision and guidance of Mr. Erik Ostensoe, P.Geo.
About Doubleview Gold Corp:
Doubleview Gold Corp, a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange (TSXV: DBG) (OTC PINK: DBLVF) (GER: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. 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, M.Sc. Geology
President and CEO
For further information please contact:
Doubleview Gold Corp
Vancouver, BC, V6C 1V5
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 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.
JonnyRockets
3 years ago
This property has Copper, Gold, Cobalt, Palladium, Rhodium, Iridium, Ruthenium, Osmium, Scandium. The list keeps getting bigger. All of these minerals have huge value!
howestreetbull
10 years ago
DBV.v Doubleview Prepares for Next Round of Drilling, Receives Expanded Exploration and Drill Permit for Hat Project,
V.DBV | 3 hours ago
(via Thenewswire.ca)
Vancouver, BC / TheNewswire / April 22 2015 - Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) is pleased to report that it has received an expanded five-year exploration and drilling permit from the Ministry of Energy and Mines for the Hat Gold-Copper Porphyry Project in northwest British Columbia's Sheslay district. This permit will allow the Company to use equipment at the Hat which will significantly reduce drilling and exploration costs.
Doubleview currently is organizing and mobilizing an aggressive 2015 drilling season to follow up on 23 holes completed during 2013 and 2014 that have revealed a gold-rich alkalic copper porphyry system that remains open to expansion in all directions. The Company believes that the Hat property may be host to a major, world class deposit .
A field crew led by Dr. Abdul Razique, Doubleview's chief geoscientist, recently completed a comprehensive program that included final core sampling of drill hole H-023 and detailed re-examination and re-logging of much of the entire Hat Property drill core. Selected parts of cores from 2013 were also sampled.
Doubleview eagerly anticipates assay results from the remaining 250 metres of drill hole H-023 and other samples that will be released as soon as they are received, reviewed and interpreted.
New DBV Corporate Presentation
To view Doubleview's latest corporate presentation, including Hat Project details, please visit the Company's website at doubleview.ca.
Qualified Person
Mr. Erik A. Ostensoe, P. Geo., a consulting geologist and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is both a shareholder and 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], [OTC: DBLVF], [FSE: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. 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. The Company'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.
409 Granville St., Suite #880
Vancouver, BC V6B 1N2
Farshad Shirvani, 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 ability to implement its exploration program on the Hat Property, 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.
Copyright (c) 2015 TheNewswire - All rights reserved.
TheNewsWire
April 22, 2015 - 9:30 AM EDT
Tags: INDUSTRIAL METALS & MINERALS
Read more at http://www.stockhouse.com/news/press-releases/2015/04/22/doubleview-prepares-for-next-round-of-drilling-receives-expanded-exploration#T3rOWx2FR1i2Oibo.99
howestreetbull
10 years ago
DBV.v March 28, 2015
Three Zones In Hole 23 Point To A Much Bigger Hat For Doubleview
After nearly two dozen drill holes and detailed expert analysis, a new picture is rapidly emerging at Doubleview Capital Corp.’s (DBV, TSX-V) Hat Project in northwest B.C.’s Sheslay district.
This is not unusual in the evolution of a major discovery – at a certain point, as results improve with each round of drilling, and fresh geological eyes are cast upon a growing deposit, the “dots” all of a sudden begin to connect.
That’s what’s happening at the Hat where hole 23, as we predicted earlier, is a game-changer. More intense potassic alteration, higher grades, thickening zones, greater understanding of the entire system – these are all reasons why Dr. Abdul Razique, Doubleview’s newly-recruited and first-ever chief geoscientist, is as excited as you’ll find anyone in the industry right now. He’s convinced the Hat has world-class potential as B.C.’s newest alkalic Gold-Copper porphyry discovery, now kicking into high-gear after initial drilling commenced from the grassroots stage less than two years ago.
More results are pending from hole 23, specifically from a chalcopyrite-pyrite zone below 400 m visually interpreted to continue to a depth of at least520 meters (the 110.9-metre section beginning at a depth of 270.6 m included 74.2 m grading nearly 1% CuEq)…keep in mind, everything changed at Red Chris when Imperial Metals (III, TSX) started drilling below 400 m.
The way H-23 is evolving, it’s speculative but reasonable to conclude that the next batch of assays could produce some eye-popping numbers for the section between 400 m and 650 m. And to think that this is quite possibly just the southeastern edge of a much larger system, rather than the central core…
Given developments at the Hat and Dr. Razique’s impressive credentials, we felt it was imperative to meet this individual as quickly as possible and introduce him to our readers. His impact on the Hat Project, and the Sheslay district in general, could prove to be hugely significant.
To view Part 1 of our video feature (just under 90 seconds), click on the arrow below.
[iframe width="720" height="405" src=";; frameborder="0" scrolling="yes" class="iframe-class"][/iframe]Note: John and Terry do not hold share positions in DBV. Jon does hold a share position in DBV.
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howestreetbull
10 years ago
DBV.v Doubleview Capital starts fieldwork at Hat
2015-03-26 09:21 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW LAUNCHES 2015 PROGRAM AT HAT PROJECT
A crew led by Dr. Abdul Razique, Doubleview Capital Corp.'s chief geoscientist, has commenced fieldwork at the Hat gold-copper porphyry complex in the Sheslay district of northwest British Columbia. The company is fully financed to execute the next important phase at the Hat project, following up on the discovery of the richest gold-copper values yet encountered in drilling at the property.
As the already entirely equipped camp reopens in preparation for a resumption of drilling in April, Doubleview's most urgent priority is to log and cut 250 metres of core from drill hole H-23. When completed, samples will be forwarded to an independent analytical laboratory for analysis. H-23 was halted at a depth of 650 metres just prior to the winter shutdown Dec. 20. Assay results for the first 400 metres were reported in news releases Jan. 19, 2015, and Feb. 3, 2015. A chalcopyrite-pyrite zone in Sheslay red stock was visually observed to extend for at least 120 metres in H-23 beginning at a depth of 402 metres.
Dr. Razique, a porphyry deposit expert whose background includes 12 years exploring the massive Reko Diq mining district in western Pakistan, has reviewed the company's database of technical surveys and more than 7,735 metres of drilling and 3,034 core samples. He is now commencing hands-on property work including re-examination of drill cores and confirmation of geological data. A refined geologic model, including lithologic and alteration interpretations, will guide the company's extensive 2015 exploration and drilling programs. New
DBV corporate presentation
To view Doubleview's latest corporate presentation, including Hat project details, please visit the company's website.
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 standards of disclosure for mineral projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is both a shareholder and a co-optionor of the Hat project.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
howestreetbull
10 years ago
DBV.v Doubleview closes financing tranches for $570,000
2015-03-20 15:15 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW CAPITAL CORP. (TSX-V: DBV) CLOSES INITIAL TRANCHES OF PRIVATE PLACEMENT
Doubleview Capital Corp. has closed the initial tranches of its non-brokered private placement financing announced on Feb. 26, 2015. Doubleview issued a total of 2.85 million flow-through (FT) units at a price of 20 cents per FT unit for gross proceeds of $570,000.
Each FT unit comprises one flow-through common share of Doubleview and one-half of one common share purchase warrant, with each whole FT warrant entitling the holder to purchase one additional common share at 28 cents per share for a period of two years from the date of issue. Doubleview will have the right to accelerate the expiry date of the FT warrants if, at any time, the average closing price of Doubleview's common shares is equal to or greater than 40 cents, in respect of the FT units, for five consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Doubleview issues a news release announcing that it has elected to exercise this acceleration right.
In connection with the proceeds raised under the first tranche, Doubleview paid a finder a cash commission of $34,200 and issued to the finder 171,000 non-transferable warrants. Each finder's warrant is exercisable on the same terms as the FT warrants described above.
The securities issued under the financing will be subject to a hold period expiring on July 5, 2015, in respect of 350,000 FT units, and July 21, 2015, in respect of 2.5 million FT units, pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchange.
Doubleview will use the proceeds from the flow-through offering for its exploration program on the Hat copper-gold porphyry project.
Doubleview is also pleased to announce that Farshad Shirvani, the chief executive officer and director of Doubleview, has exercised a total of 500,000 share purchase warrants at a price of 10 cents per share for gross proceeds of $50,000.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
howestreetbull
10 years ago
Imperial Metals (III-T) Red Chris Mine Begins Trucking Concentrate
March 2nd 2015 - NR
Imperial Metals announces that the Red Chris mine trucked its first shipments of copper concentrate to the Port of Stewart, BC on February 27, 2015.
Commissioning of the flotation circuit with low grade ore commenced on February 15. During the second week of start-up the mill feed grade was increased using ores from both the East and Main zones. The plant's first full twelve hour operating shift, without stoppage, took place on February 22. The plant milled approximately 15,500 tonnes during that twelve hour period.
The mill processed just over 193,000 tonnes in February producing approximately 2,400 tonnes of copper concentrate.
The commissioning team continues to focus on achieving continuous operations and a consistent final concentrate grade. Once the team is satisfied with the progress in these areas, more emphasis will be placed on metal recoveries and throughput.
About Imperial
Imperial is an exploration, mine development and operating company based in Vancouver, British Columbia. The Company has commenced commissioning activities at the Red Chris mine in northern British Columbia. The Company operates the Mount Polley copper/gold mine in British Columbia and the Sterling gold mine in Nevada. Imperial has a 50% interest in the Huckleberry copper mine and a 50% interest in the Ruddock Creek lead/zinc property, both in British Columbia.
Imperial Metals Corporation
Brian Kynoch
President
604.669.8959
Imperial Metals Corporation
Steve Robertson
Vice President Corporate Affairs
604.488.2669
Imperial Metals Corporation
Gordon Keevil
Vice President Corporate Development
604.488.2677
Imperial Metals Corporation
Sabine Goetz
Shareholder Communications
604.488.2657
investor@imperialmetals.com
www.imperialmetals.com
howestreetbull
10 years ago
DBV.v Doubleview Capital Corp. (DBV, TSX-V) Update
Through sheer grit and determination, and some good luck as well, Doubleview Capital (DBV, TSX-V) President and CEO Farshad Shirvani has put his company in a position to define British Columbia’s newest world-class porphyry deposit in the emerging Sheslay District in 2015, a highly notable achievement considering 2 major factors in particular: 1) The exceptionally challenging market environment the junior resource industry has had to deal with; and (2) the fact that the Hat Property was merely at the grassroots stage only a year-and-a-half ago with no previous drill holes…the latter point speaks to the immense opportunities the Sheslay District offers…
Farshad Shirvani at Hat Discovery
DBV President and CEO Farshad Shirvani at the Hat Property during BMR site visit in April, 2014. Shirvani has an intense belief in the Hat and its potential, a key factor driving the development of this important new discovery in northwest B.C.
Any property that advances to the deposit stage (not many do) will produce several “game-changing” holes along the way…H-23 completes the “hat trick” for Shirvani…the first 2 of course were H-8 and H-11 in January 2014, the latter delivering 451 m grading 0.33% CuEq…each round of drilling has returned better results at the Hat, a trend one looks for in the successful evolution of a deposit (by contrast, Colorado Resources – CXO, TSX-V – could never match the success of its first hole at the North ROK Project in the spring of 2013…ironically, that first hole was a catalyst that ignited fresh interest in the Sheslay District)…
As revealed this week, H-23 has hit at least 3 important mineralized zones with more assays on the way…it has extended the Lisle Zone by over 100 m to the north, and has also confirmed that strong mineralization is present about 220 m below the zone encountered in drill hole H-22, the nearest drill hole…
The market has plenty to speculate about as assay results are pending for the final 250 m of core (so far) from H-23. “A third, wider chalcopyrite-pyrite zone was visually observed to extend for at least 120 m beginning at a depth of 402 m,” as DBV reported yesterday…we take that to mean that the final 130 m has not yet been viewed by a QP, raising the possibility that this 3rd zone may continue beyond 522 m…
H-23 may not even be complete as there’s still a chance DBV may extend it beyond 650 m where it was halted just prior to the Christmas break…the grades in H-23 (a 278-m interval returned 0.53% CuEq) are substantially better than those found in the first 2 discovery holes as DBV appears to be edging closer to the “juiciest” part of the system at the Hat which potentially could even be another anomaly, such as “E”, which hasn’t even been drilled yet…
Something very special appears to have been cooked up at the Hat, so it’s difficult to imagine there isn’t a high-grade Gold-Copper core somewhere in this system…the Lisle Zone currently measures 1 km long and half a km wide, and mineralization is extending several hundred km to depth…this is already a very significant deposit, though DBV must cut into some higher grades to make the Hat economic…they are clearly making progress in that regard…
The Big Picture
Below is a map we first posted last year, adapted from the DBV web site, that shows how the Lisle Zone (in target “B”) is quite possibly just 1 part of a much bigger system…we’ll have an updated map Monday in conjunction with the first part of an interview…the various targets cover an area 4 km x 3.5 km…there is so much to still learn and discover at the Hat, and that process will be fascinating to watch unfold over the coming months…
DBV Hat Discovery
Updated DBV Chart
Below is another check-up on DBV’s technical health, and it’s getting stronger despite the minor pullback this morning…what’s encouraging is the bullish “W” in the RSI(14) which is now above 50% and gathering momentum…the 50-day moving average (SMA) is also just beginning to reverse to the upside – this has happened on 2 other occasions since the start of 2014, and the results were very bullish…
DBV is off 2 pennies at 14.5 cents on light volume as of 8:30 am Pacific…
DBV4(3)
http://bullmarketrun.com/?p=26304#comments
howestreetbull
10 years ago
BMR Commentary here...Doubleview Draws Closer To Sheslay “Sweet Spot”
While Doubleview Capital’s (DBV, TSX-V) technical team was already first-rate, it’s no coincidence that what has turned out to be a potentially game-changing drill hole at the company’s Hat Project in the Sheslay district (more impressive results announced after the close yesterday) came under the guidance of Patrick McAndless who was appointed DBV’s senior technical adviser late last summer…
Pat McAndless(1)
McAndless is recognized as 1 of the foremost authorities on Gold-Copper porphyry systems in British Columbia through his many years with Imperial Metals (III, TSX), and has a reputation for finding higher-grade zones…it didn’t take him long to make an impact at the Hat…
hat023_dscn1251
Drill core from H-23 which has delivered the highest Gold and Copper grades encountered to date at the Hat Project.
Yesterday, DBV announced its best drill results yet from the Hat as H-23 cut 74 m of nearly 1% CuEq (0.46 g/t Au and 0.62% Cu) between a depth of 271.9 and 346.2 m…
And there’s more to come as only 400 m of this “hole to China” has been assayed (mineralization started just below 60 m and a 278-m interval returned 0.53% CuEq)…interestingly, H-23 also features the highest elevated levels of Molybdenum, Zinc and Cobalt that DBV has found in any drill hole so far at the Hat…
H-23 is is the deepest hole ever drilled in the Sheslay district (from north to south) and confirms the theory that there is strong potential for the discovery of high-grade Gold-Copper zones somewhere under the Hat or elsewhere in the district…Garibaldi Resources‘ (GGI, TSX-V) massive Grizzly Project is expected to come back into play shortly as GGI has loaded its treasury with funds directed toward an abundance of drill-ready targets, and what should prove to be a highly interesting NI-43-101 technical report on the Grizzly is also on the way…GGI ground is less than 2,000 m south of H-23, and even DBV President and CEO Farshad Shirvani is predicting a discovery at the Grizzly based on improved knowledge of the overall area. “We love what we have,” Shirvani told BMR last night, “but I’m confident that Garibaldi is going to make some noise right next to us. Steve Regoci and his crew have been working exceptionally hard and we are in communication.”
At Least 3 Significant Zones Hit In H-23
H-23 hit a 40-m pyrite zone between 186.3 and 226.7 m averaging 0.61 g/t Au and 0.35% Cu (0.79% CuEq)…
A wider pyrite zone (110.9 m) was encountered between 270.6 m and 381.6 m and returned 0.36 g/t Au and 0.47% Cu…
And a third, even wider pyrite-chalcopyrite zone was hit beginning just below 400 m and extending to at least 520 m…assays for that section, plus another 130 m of H-23, are pending…the hole was halted just before Christmas at a depth of 650 m, and could be extended as soon as crews return to the property for the next round of drilling…
Keep in mind, every round of drilling at the Hat has produced better results…after just 23 holes, the Lisle Zone measures nearly 1 km east-west and half a km north-south…mineralization is extending to impressive depths and is open in all directions…major tonnage is building here, and several other anomalies at the Hat have yet to be drill-tested…
H-23 provides strong evidence that Doubleview is drawing closer to the core of the Hat system, a potential “sweet spot” where grades could climb dramatically…is a potential world class deposit in the making here?…absolutely, and this is still very early in the game for Doubleview…getting a proper handle on the geometry of a porphyry system often takes at least 40 drill holes…
The fact that DBV has taken the Hat from a grassroots stage to where it is now, in less than 2 years, is a very notable achievement – a real success story – in any market environment…
Updated DBV Chart
Technically, DBV has several bullish factors in its favor at the moment including an RSI(14) on this 2-year weekly chart that has pushed above 50% for the first time since last October after forming a bullish “W”…significantly, the 50-day moving average (SMA) has flattened out at 13 cents and is now beginning to reverse to the upside…interestingly, the CMF shows modest accumulation of DBV since late September following a period of extended, albeit weak, sell pressure…major technical breakout possible this week…
DBV is up half a penny at 16.5 cents as of 6:50 am Pacific…
DBV3(1)
http://bullmarketrun.com/?p=26275
howestreetbull
10 years ago
Carl,
I defer to the comments on the BullMarketRun comments section, they follow this play quite closely especially Jon Hulstein who is one of the principals behind BMR...fyi
Very interesting. Best #s yet from the Hat, which is what they needed to do. There are clear signs here that DBV is drawing closer to the Sheslay “sweet spot”, nearly 1% CuEq over 74 meters…the first pyrite zone they hit (previously announced) was 40 meters at 0.79% CuEq; second zone in these results is 111 meters @ 0.73% CuEq including 74 meters of 0.96% CuEq; and they’ve announced they hit a third zone deeper down of at least 120 meters of pyrite and chalcopyrite (assays pending)……the wider interval of 278 meters of 0.53% is unquestionably the best intersection so far at the Hat, so the results keep getting better which is important…0.60% is the next important level to reach on a 300+ meter intercept…Gold grades are getting higher….the fact they’ve hit elevated levels of moly, zinc and cobalt – minor levels but still the highest of any holes to date – this is positive, perhaps another indication they’re getting closer to the heart of the system……the rest of this hole should be darn interesting and it may go deeper yet….DBV deserves to be rewarded in the market here IMHO, and there’s ample room for speculation with the next set of assays and more drilling of course…volume is definitely building, this hole extends the deposit 110 meters to the north cutting mineralization 200 m vertically below H-22….
Comment by Jon - BMR — February 3, 2015 @ 1:51 pm
In the good old days, it would be worth a few pennies, but
now, we may have already seen the speculation increase.
Hopefully, for shareholders sake, it goes up, but it was
not worthy of an halt…
Comment by Bert — February 3, 2015 @ 2:07 pm
Bert – agreed it may not give the price a big pop, but the results should get people excited about what’s to come…great release in my opinion.
Comment by Steve A. — February 3, 2015 @ 2:25 pm
DBV- Jon- I agree with your comments. This is shaping up well. Remember this is the 1st hole drilled under the guidance of Patrick McAndless and its the best one! Patrick McAndless was the VP of Exploration for Imperial Metals (for 26 years) and he was instrumental in the Red Chris discover and Mt Polley – he knows the geology and came out of retirement to spear head DBV’s drilling for a reason! Why would he do this- go from retirement to being back in the field overlooking a drilling campaign? I think its obvious and he wouldn’t want to end a big career with a few big finds under his belt to overshadow all of it with a major failure with a small junior like DBV unless he was pretty sure of adding another last discovery before going back to retirement again.
To get the potential of DBV one needs to look at the next best example in the region which is Imperial Metal’s Red Chris mine. Red Chris has reserves of over 301.5 million tonnes grading 0.359% copper and 0.274 g/t gold provide for a 28 year project life at a milling rate of 30,000 tonnes per day.
Now look at DBV’s Hole 23 for comparison. The next 250m should be even better. Red Chris’ results show that the good stuff starts deep mainly 600m down to 1100+. I expect Farshad to continue drilling hole 23 much deeper.
Can’t wait to get the next batch of results. Drilling to resume soon as well.
Comment by d4 — February 3, 2015 @ 2:42 pm
Here are the 3 most important takeaways on these results:
1. Where there’s smoke, there’s fire. Getting into higher mineralization, zones thickening to depth;
2. These are the best drill results from the Hat Project to date, & 278 m of 0.53 CuEq is what mines are made of in this part of the world. Each round of drilling at the Hat has gotten better, and that’s always an important sign;
3. It appears quite certain that H-23 is a breakthrough for the entire Sheslay district as out of 100 or so holes drilled historically and through last year, no hole has ever been drilled this deep…and it’s hitting increasing grades (including Gold) going to depth. The next 250 meters of this hole will greatly increase the understanding of this area, geologically. There are interesting theories as to what may be at depth at the Hat, and also heading further south.
Doubleview has a mine in the making here.
Comment by Jon - BMR — February 3, 2015 @ 2:42 pm
Jon- we are still waiting for the DBV part 2….just kidding (lol). You might want to start part 3 soon.
I think it would be great to have another DBV interview but this time with Patrick McAndless. It would be interesting to know his opinion, why he joined the team and the similarities between what he is seeing with Red Chris.
Comment by d4 — February 3, 2015 @ 2:57 pm
http://bullmarketrun.com/?p=26262#comments
howestreetbull
10 years ago
DBV.v Doubleview Capital drills 110.9 m of 0.73% CuEq at Hat
2015-02-03 16:26 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW DRILLING RETURNS HIGHEST GOLD AND COPPER GRADES ENCOUNTERED AT HAT PROJECT
Gold-copper mineralization in Sheslay Red Stock continues to increase at depth in drill hole H-23, with Doubleview Capital Corp. having just received assay results returning the strongest gold-copper values encountered at the Hat project since first-ever drilling commenced in 2013.
Highlights are as follows:
A second and wider pyrite-rich zone in H-23 returned 0.73 per cent copper equivalent (0.36 gram per tonne gold and 0.47 per cent copper) in a 110.9-metre section beginning at a depth of 270.6 metres, including 74.2 metres grading 0.96 per cent copper equivalent (0.45 gram per tonne gold and 0.61 per cent copper).
Assays are pending for a third, wider chalcopyrite-pyrite zone that was visually observed to extend for at least 120 metres beginning at a depth of 402 metres, the current end of sampling.
H-23, with the best gold grades of any hole drilled so far at the Hat project, confirms the presence of a very large and robust porphyry system with growing potential for discovery of a high-grade gold-copper core.
Drill hole H-23 to 400 metres
Gold and copper mineralization in H-23 started at a depth of less than 60 metres, and the hole through 400 metres also features sections with elevated values of molybdenum, zinc and cobalt substantially higher compared with earlier holes. The potential significance of this is being reviewed by Doubleview's technical team.
A 278.2-metre interval from 67.9 metres to 346.2 metres returned 0.28 gram per tonne gold, 0.65 gram per tonne silver and 0.32 per cent copper (0.53 per cent copper equivalent).
Farshad Shirvani, Doubleview president and chief executive officer, commented: "Drill hole H-23 elevates the Hat project to a new level. We're eagerly anticipating assay results from the last 250-metre section that was completed just prior to the December break. Those results may necessitate extending the hole beyond its present depth of 650 metres.
"In just 23 holes, we've taken the Hat from a grassroots stage to the point where it is now showing significant potential as an important new porphyry discovery in the underexplored and prolific Sheslay district just over 100 kilometres northwest of the Red Chris mine. New infrastructure has added to the already huge opportunities for additional major discoveries and mining development in this part of the province."
Drill hole H-23, drilled from the north toward the south, extended the northern boundary of the Lisle zone mineralization by approximately 110 metres (the Lisle zone of the Hat system is now half a kilometre wide and one kilometer long) and also confirmed that strong mineralization is present about 220 metres below the zone encountered in drill hole H-22, the nearest drill hole.
SIGNIFICANT ASSAY RESULTS -- H-23
DDH From To Length Au Cu Ag CuEq
(m) (m) (m) (g/t) (%) (g/t) (%)
H-23 67.9 400.3 332.4 0.25 0.29 0.56 0.48
Including 67.9 346.2 278.2 0.28 0.32 0.65 0.53
Including 186.3 226.7 40.4 0.61 0.35 0.44 0.79
Including 270.6 381.6 110.9 0.36 0.47 0.34 0.73
Including 271.9 346.2 74.2 0.46 0.62 0.44 0.96
H-23 400.3 650.0 Assays pending
True width is unknown.
Results for the remaining 250 metres of drill hole H-23 will be released as soon as they are received, reviewed and interpreted.
Note: Percentage of copper equivalent is estimated as follows -- copper equivalent is calculated for copper at $2.54 per pound, gold at $1,265 per ounce and silver at $17 per ounce.
Quality assurance and quality control
Drill hole H-23 samples were prepared and analyzed following industry-standard quality assurance/quality control protocols. Fifteen samples with gold, silver and copper values that varied in the range of 0.006 to part per million 2.903 parts per million for gold, 0.005 part per million to 70 parts per million for silver and 0.0162 per cent to 1.55 per cent for copper were submitted to a second independent fully accredited laboratory. The company is satisfied that the comparisons are within acceptable limits for a porphyry deposit but will continue monitoring the reliability of all analytical results.
Doubleview observes industry-standard quality assurance and quality control protocols. All drill cores are sampled on site by sawing the core lengthwise and placing one-half securely in a bag for transfer to the prep lab; one-half is retained on site for future reference. All core samples are submitted to an independent, fully accredited, ISO 9001:2008-certified analytical laboratory, where gold is determined by fire assay and atomic absorption (AA) methods and for 45 other elements by four-acid digestion followed by induced coupled plasma/emission spectrometry (ICP-ES) determination. Samples with copper content greater than the ICP upper detection limit (more than 10,000 parts per million) are analyzed by atomic absorption.
Quality assurance/quality control protocols are observed at all stages of core processing, including security in transit of samples with chain-of-custody documentation, preparation of duplicate samples from pulps, insertion of standard samples into the sample stream, replicate analyses of samples and performance of check assaying by a second independent laboratory. In the recent past, data were reviewed by an independent consultant who found all analytical data to be acceptable in terms of reproducibility.
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, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is both a shareholder and a co-optionor of the Hat project.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
howestreetbull
10 years ago
DBV.v Doubleview drills 29.6 m of 0.82% CuEq at Hat
2015-01-19 09:06 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW DRILLS INTO STRONG GOLD-COPPER MINERALIZATION IN HAT H-23 AND EXTENDS LISLE ZONE
Doubleview Capital Corp. has provided strong copper-gold mineralization and has discovered a further extension of the Lisle zone from partial assay results from deep drill hole HAT H-23 at company's Hat project in northwest B.C.'s Sheslay district.
Doubleview has received assays for only the first 220.2 metres of hole H-23 which had reached 650 metres depth when both drilling and sampling work were suspended on Dec. 20, 2014. Lisle zone gold-copper mineralization was encountered almost from the collar and appeared to continue with increasing strength well beyond the part for which analytical data have been received.
Available analytical data show that hole H-23 includes sections with gold and copper values that are significantly greater than those obtained from earlier drilling, including a 29.6-metre interval from 190.6 to 220.2 metres with 0.63 gram per tonne gold and 0.36 per cent copper (0.82 per cent copper equivalent (CuEq)). Additionally, the 152.28-metre section from 63.0 to 220.2 metres returned 0.24 g/t gold and 0.25 per cent copper (0.42 per cent CuEq).
HAT H-23 extends the northern boundary of the Lisle zone by 110 metres. The Lisle zone now has been partially defined with dimensions one kilometre east-west and one-half km north-south, and is open to extension in all directions.
Note: CuEq is estimated based on Au at $1,280 per ounce, Cu at $2.61 per pound and Ag at $17.78 per ounce.
Based on reports of preliminary visual inspection by non-qualified persons of all core from hole H-23, mineralization appears to increase with depth.
Farshad Shirvani, Doubleview president and chief executive officer, states: "Each round of drilling at the Hat continues to produce even better results. This particular hole, H-23, further demonstrates the potential of this growing alkali porphyry discovery to host exceptional gold grades in addition to copper values similar to those of all other porphyry mines in the province. We are eagerly anticipating receipt of the remaining analytical data from HAT H-23 as well as to resumption of drilling to better define the Lisle zone. The company's Hat project is possibly B.C.'s most exciting new mineral discovery since the millennium and may lead to definition of a world-class mining district."
Quality assurance/quality control
Doubleview observes industry-standard quality assurance and quality control protocols. All drill cores are sampled on site by sawing the core length-wise and placing one-half securely in a bag for transfer to the prep lab; one-half is retained on site for future reference. All core samples are submitted to an independent fully accredited ISO 9001:2008 certified analytical laboratory where gold is determined by fire assay and atomic absorption (AA) methods, and for 45 other elements, by four-acid digestion followed by induced coupled plasma/emission spectrometry (ICP-ES) determination. Samples with copper content greater than the ICP upper detection limit (more than 10,000 parts per million) are analyzed by atomic absorption. QA/QC protocols are observed at all stages of core processing, including security in transit of samples with "chain of custody" documentation, preparation of duplicate samples from pulps, insertion of standard samples into the sample stream, replicate analyses of samples, and performance of check assaying by a second independent laboratory. In the recent past data were reviewed by an independent consultant who found all analytical data to be fully acceptable in terms of reproducibility.
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 standards of disclosure for mineral projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is both a shareholder and a co-optionor of the Hat project.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd. All rights reserved.
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