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BMR Update >>> Doubleview Capital Corp. (DBV, TSX-V) Update
Doubleview Capital (DBV, TSX-V) has clearly hit some interesting mineralization in the deepest hole ever drilled in the Sheslay district…below are just 2 of a couple of dozen core photos from HAT-23 that have been posted on the DBV web site…
HAT-23, with a total length 650 m, intersected Copper mineralization in Sheslay red stock and dioritic porphyry of the Lisle zone, and initial assay results are pending…
Visual analysis is always very tricky, even with the best geologists and Doubleview is blessed with an outstanding team, but our thinking is that the DBV crew must have had good reason to continue to drill to the depth they did…it’s interesting to note that in December 2013, DBV reported that it had drilled 5 holes for a total of 1,276 m and collected 386 core samples for the lab…in this instance, they drilled 650 m and took 263 core samples…so they drilled half as much (but all on 1 hole) and took two-thirds of the samples they did on 1,276 m when they produced 2 discovery holes…needless to say, this latest drilling gives reason for optimism…core photos on the DBV site show plenty of pyrite and chalcopyrite…the question is, will this good-looking core run?…
hat023_dscn1251
Drill core sample – HAT-23
hat023_dscn1255
Drill core sample – HAT-23
http://www.bullmarketrun.com/?p=25912
I don't know but this stock sits at .11 and Coastal Gold proves almost 900,000 ounces at 4 plus grade and sits at .015. How to figure? Sheslay valley is still for sure "on the come" and they must be getting at least a little nervous as nobody has really struck it yet. I own a few stocks in the valley and am taking a beating.
DBV.v Doubleview Capital Corp. (DBV, TSX-V) Update
As we have discovered on several occasions over the past year, Doubleview Capital’s (DBV, TSX-V) Farshad Shirvani is never one to be underestimated, and given his tenacity and faith in the Hat Project and the Sheslay district as a whole, nothing would warm our hearts more than seeing DBV pull a monster new hole that sends the stock soaring and reignites interest in what we and others still firmly believe is an emerging world class Copper-Gold porphyry district in northwest British Columbia…
Last night, DBV delivered fresh hope for Sheslay followers (and the market as a whole) just in time for Christmas…based on our records, Doubleview has just drilled the deepest hole ever in the Sheslay district…H-23-14 (we assume this was drilled within the Lisle Zone) was halted at a depth of 650 m (halted, but not necessarily completed yet as drilling at the Hat is set to resume in January)…
Visual analysis is always very tricky, even with the best geologists and Doubleview is blessed with an outstanding team, but our thinking is that the DBV crew must have had good reason to continue to drill to this depth…it’s interesting to note that late last year, in December 2013, DBV reported that it had drilled 5 holes for a total of 1,276 m and collected 386 core samples for the lab…in this instance, they drilled 650 m and took 263 core samples…so they drilled half as much (but all on 1 hole) and took two-thirds of the samples they did on 1,276 m when they produced 2 discovery holes…needless to say, this latest drilling gives reason for optimism…
This is a speculative business and there are never any guarantees, but we’ll gladly take H-23-14 in our Christmas stocking over a bunch of lottery tickets…core samples are in the lab and results, we’re guessing, could arrive in time for the 20th anniversary of the Vancouver Resource Show January 18-19…
http://www.bullmarketrun.com/?p=25717
A Junior Miner’s Howe Street Christmas
POSTED ON DECEMBER 24, 2014 BY ROB MCLEOD
CATEGORY IDM MINING, STORIES,
Rob McLeod and family
As we reach the climax of the holiday season, the Christmas cheer on Howe Street is a mere shadow of bull markets in years past. The mining industry and our weary investors have been delivered yet another lump of coal in our collective stockings. Not even some nice high value met coal or anthracite, but the dirtiest high ash, high sulphur mercury laden thermal coal not worth more than $40 per tonne, complete with an accessory pack of hippy protestors. Thanks Santa. All us miners want for Christmas is another resource market, same thing we asked for last year. And the year before.
Our friends in the brokerage industry are asking for simpler compliance and regulation, maybe scaling back the accredited investors rule. Over the past couple of years, the pro’s and their clients have held on to these illiquid shell companies. 2014 delivered a few wins, with a mini-bubble in weed deals paying some commission and corporate finance fees. The die-hard mining brokers and their clients need some wins in 2015…please Santa, bring us some more discoveries!! The Grinch has even expanded his territory, giving our oil and gas friends in Calgary a taste of junior miner-style misery; they’ll have to make do with their 2014 model F350 pickups for another year, I suppose.
No Christmas miracle this year, but the second half of 2014 delivered a bunch of reasons to be optimistic for this humble exploration geologist and amateur speculator. In British Columbia, the best new porphyry discovery since deep drilling at Red Chris by Imperial metals in 2008 was announced by Aurico at the new Kemess East porphyry a few weeks ago. The initial drilling delivered thick intervals of high-grade gold and copper, which at first glance look better than their Kemess North underground proposed development project. In my geological circles, this new discovery is creating quite the buzz.
My friends with the major copper miners are getting increasingly focussed on BC and the northern Cordillera in a flight to safer political jurisdictions, in spite of the disastrous tailings spill at Mount Polley during the summer. Antofagasta, Freeport, Anglo American, Teck, First Quantum and others all have programs often with increased greenfields budgets, primarily in BC, but throughout the north. Aurico’s discovery will certainly have the attention of major players. Rumour has it that BHP, gone for many years from Canadian exploration is apparently taking another look at the northwest.
The BC government’s decision to proceed with the Site C hydroelectric project is huge news for the mining industry, promising low cost power to current and future mines that would be uneconomic in other jurisdictions due to lower metal grades.
Many juniors have also had some decent success during 2014. Seabridge continues to add millions of tonnes of copper-gold-moly resources at KSM, recently receiving the often elusive federal permits for their mega-project. Porphyry finder Bob Dickinson’s Amarc Resources also has a nice discovery in what looks like a huge system. Further drilling should find some better grades. Prosper Gold and Doubleview Capital’s copper-gold projects in northwest BC are looking encouraging as well.
For 2015, I’m watching the strong, generative geological teams such as: Kiska Metals, Kaizen Discovery and Tower Resources as well as Millrock Resources in Alaska to capitalize on the major miner’s renewed interest.
On the precious metals side, northwest BC will continue to be where it’s at for the elusive high-grade deposits. I have long maintained that Pretium’s Valley of the Kings will be one of the richest mines in the world (hopefully they won’t overbuild it) and it is the best potential takeover target. During my summer field program with IDM Mining based out of Stewart, there were quite a few teams from majors that just happened to be coming through town, probably also kicking tires on KSM. Ascot’s Premier project, celebrating its 100th year since discovery and first shipments of ore, delivered some tremendously high-grade intercepts during 2014, and their share price has held in quite remarkably during this fall’s meltdown. At our Red Mountain project, IDM has delivered some high-grade discoveries, and entered the Provincial permitting process to develop a high-grade underground mine just outside of Stewart. As the richest area for gold in Western Canada, look for the Stewart area to keep delivering the goods in 2015 for exploration and development.
2015 should also see the commencement of production for the first significant sized, privately owned metal mine in recent memory in BC. My friends at JDS Silver are waiting on their final bulk sample permits to start construction and shortly thereafter processing ore from the Silvertip project in northwest BC. This should be a highly profitable operation, avoiding the drama, compliance and roller coaster markets that the pubco’s have to deal with, and managed by the best engineers in the industry.
As for me, I am looking forward to a better 2015 in the industry, particularly in the second half of the year. This terrible market, the worst in my 20 year career, will pass. As the excitement builds for Santa’s arrival for my eight year old daughter, and feigned excitement with a wink from my eleven year old son, the real gifts in my life, I am truly blessed and grateful to continue to work in an exciting and dynamic industry, knowing that I am only just a drill hole away from my next Discovery!
To Tommy and the crew at CEO.ca, his readers and our shareholders, on behalf of our team at IDM Mining, I wish you Merry Christmas, Happy Chanuka, Happy Festivus and may 2015 bring Peace and Prosperity.
http://ceo.ca/2014/12/24/a-junior-miners-howe-street-christmas/
DBV.v Doubleview Capital Corp. (TSX-V: DBV) Reports Mid-Winter Shutdown of Drilling of its Hat Project and Closing of Second Tranche of Financing
V.DBV | 13 hours ago
(via Thenewswire.ca)
Vancouver, BC / TNW-ACCESSWIRE / December 23 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) is pleased to announce it completed its December 2014 drill program and has now shut-down drilling during the holiday season.
The Hat Project, located in northwestern British Columbia, is a copper-gold alkalic porphyry type deposit. Property work since that time has included extensive data compilation, geochemical soil surveys and geophysical chargeability and resistivity surveys. Diamond drilling in 23 drill holes has explored strongly anomalous areas that were identified from property work, with the majority of work being directed to the Lisle Zone. Since its discovery in 2013, the Lisle Zone has been expanded to 962 metres length and to about 400 metres depth from surface. Details of selected drill core assays are presented in Doubleview's news release dated December 10, 2014. Of particular significance is Hole H-22-14 that returned 404 metres of sulphide mineralization that assayed 0.25% copper and 0.255 g/tonne gold, including 118 metres with 0.55% copper and 0.41 g/tonne gold.
The Hat Project program of diamond drilling has been suspended to allow contractors and company personnel to celebrate the holiday season. All equipment remains on the property and the field camp and drill outfit have been suitably winterized. Drill hole H-23-14 was halted at 650 metres depth and 263 core samples have been delivered to an independent analytical laboratory for multi-element analysis. Analytical details will be reported by news release following their receipt and verification. Drilling will resume in the new year.
Doubleview is also pleased to announce that it has closed the second tranche of its non-brokered private placement financing announced on November 12, 2014. Doubleview issued a total of 436,112 flow-through units ("FT Units") at a price of $0.18 per FT Unit for gross proceeds of $78,500. Under the entire private placement, Doubleview issued 2,270,002 FT Units for gross proceeds of $408,600 and 66,666 non-flow-through units for proceeds of $10,000.
Each FT Unit issued under the second tranche is comprised of one flow-through common share of Doubleview and one-half of one common share purchase warrant (each whole warrant a "FT Warrant"), with each whole FT Warrant entitling the holder to purchase one additional common share at $0.25 per share until December 22, 2016. 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 $0.30 for 5 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 second tranche, Doubleview paid a finder a cash commission of $5,495 and issued the finder 30,527 non-transferable warrants. Each finder's warrant is exercisable at a price of $0.20 per share for a period of two years from the date of issue.
The securities issued under the financing will be subject to a hold period expiring on April 23, 2015 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, and the net proceeds of the non-flow-through offering will be used for general working capital purposes.
Mr. Erik A. Ostensoe, P. Geo., a consulting geologist, is Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Ostensoe 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]. 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
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) 2014 TheNewswire - All rights reserved.
TheNewsWire
December 23, 2014 - 7:14 PM EST
Tags: INDUSTRIAL METALS & MINERALS
It would really be nice if JUST ONE of these guys in Sheslay valley would report they have found something. This whole area is like off world are something. Not a word for months. More then strange. These people that have been pumping this valley relentlessly have to date been so very very wrong.
DBV.v Doubleview Capital starts drill program at Hat
2014-12-10 09:21 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW CAPITAL CORP ANNOUNCES COMMENCEMENT OF DRILLING AT ITS HAT PROPERTY
Doubleview Capital Corp. has commenced a program of diamond drilling at its Hat copper-gold alkalic porphyry property in northwestern British Columbia.
The objectives of this program are:
To explore the Lisle zone at greater depth;
To winterize and make improvements to the camp in preparation for winter drilling;
To re-examine drill cores from early 2013 anomaly A drill holes with reference to additional information gained since the discovery of the Lisle zone (anomaly B).
The first hole of this current Lisle zone drilling program, hole H-23, is collared 111 metres north of hole H-22 and is designed to pass approximately 203 metres vertically below hole H-22. Hole H-22, as previously released, gave the best intersection thus far reported on the Lisle zone: 404 metres of sulphide mineralization that assayed 0.25 per cent copper and 0.255 gram per tonne gold, and included 118 metres with 0.55 per cent copper and 0.41 g/t gold. It is expected that hole H-23 will provide similar results and also will give the company important information about host rock formations and depth continuity of the Lisle zone. That information is essential to the company's planning of work in 2015.
Doubleview's exploration of the Hat property has shown that the Lisle zone is drill indicated over a distance of 962 metres and to about 400 metres depth from surface.
Doubleview's field crew, in addition to processing newly drilled cores, will review and sample selected drill cores from its initial May, 2013, drill program, most of which was directed to the copper-in-soil geochemical and induced polarization chargeability anomaly designated as anomaly A. That work will benefit greatly from the large amount of data and better understanding that have been acquired subsequent to that drilling.
The company plans to continue drilling for the next few weeks. Drill cores will be logged and sampled on-site and samples will be forwarded to an independent fully accredited analytical laboratory for multielement analyses. Analytical details will be provided in a further news release immediately after their receipt and verification.
Doubleview management believes that the Hat property represents an important mineral discovery and the company has invested in numerous camp improvements. Freighting using fixed-wing aircraft and a large-capacity helicopter has enabled the company to place a supply of fuels, lumber and drilling muds on-site.
A vertical section that illustrates hole H-22 and the profile of hole H-23 (in progress) may be viewed on the company's website. This drawing will be updated periodically.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd. All rights reserved.
Thanks For info. It just seems to me that with gold falling in price the "grade" has to become better or it just is not going to be worthwhile. Plus the longer it goes without a major discovery the more money has to be raised and more dilution happens. All of a sudden you look up and a safe outstanding share balance is now looking to RS and it is all over (for me at least).
Carl,
Attached is a link to the Red Chris historical results from 2007-2012 for your comparative purposes, generally I would say the DBV results to date fall somewhere in the bottom half of the historical Red Chris results from a Cu Eq grade perspective however we must remember that this property has seen limited drilling (22 holes to date)so it is only just scratching the surface as far as potential goes...hsb
http://www.imperialmetals.com/i/pdf/11-02-2012_RCDC_drill_results_update.pdf
Quite true if your comment was regarding GGI.v and their decision to prioritize their recent Mexican discovery over their stated plans earlier in the year to drill their Sheslay Grizzly property during the summer/fall of this past year...very disappointing to say the least and has resulted in weakening share prices in most valley players...however DBV is still going full steam ahead with plans for a winter drill campaign as I understand it...and are in the middle of a capital raise at the moment to get it funded...hsb
Doubleview Capital Corp. (TSX-V: DBV) Closes First Tranche of Private Placement for $340,100
V.DBV | 14 hours ago
(via Thenewswire.ca)
Vancouver, BC / TNW-ACCESSWIRE / December 5 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) is pleased to announce it has closed the first tranche of its non-brokered private placement financing announced on November 12, 2014. Doubleview issued a total of 1,833,890 flow-through units ("FT Units") at a price of $0.18 per FT Unit for gross proceeds of $330,100, which represents an oversubscription of $30,100, and 66,666 non-flow-through units (the "NFT Units") at a price of $0.15 per NFT Unit for gross proceeds of $10,000. Due to the flow-through offering being oversubscribed, Doubleview has increased its flow-through offering from 1,666,666 FT Units to 2,777,777 FT Units for gross proceeds of $500,000.
Each NFT Unit is comprised of one common share of Doubleview and one-half of one common share purchase warrant (a "NFT Warrant"), with each whole NFT Warrant entitling the holder to purchase one additional common share at $0.20 per share until December 4, 2016. Each FT Unit is comprised of one flow-through common share of Doubleview and one-half of one common share purchase warrant (each whole warrant a "FT Warrant"), with each whole FT Warrant entitling the holder to purchase one additional common share at $0.25 per share until December 4, 2016. Doubleview will have the right to accelerate the expiry date of the NFT Warrants and FT Warrants if, at any time, the average closing price of Doubleview's common shares is equal to, or greater than $0.25, in respect of the NFT Units, and $0.30, in respect of the FT Units, for 5 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 $21,000 and issued the finder 166,666 non-transferable warrants. Each finder's warrant is exercisable on the same terms as the NFT Warrants described above.
The securities issued under the financing will be subject to a hold period expiring on April 5, 2015 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, and the net proceeds of the non-flow-through offering will be used for general working capital purposes.
Doubleview also announces that Farshad Shirvani, the Chief Executive Officer, President and director of Doubleview, has exercised 500,000 common share purchase warrants at a price of $0.10 per share for total proceeds of $50,000.
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
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 complete the balance of the proposed private placement financing, 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) 2014 TheNewswire - All rights reserved.
TheNewsWire
December 5, 2014 - 7:38 PM EST
Tags: INDUSTRIAL METALS & MINERALS
Isn't it true that Sheslay Valley has become the LAND THAT TIME FORGOT? I took 6 positions in the valley on six never miners. Not only are all down (some big time) but not a peep from anybody. Maybe some news about projects not in the Valley but no Valley at all. Has this area fizzled out like a 4th of July fireworks?.
Pardon a dumb question but were those figures/discoveries good percentages????
DBV.v Doubleview Continues Exploration Program on the Hat Gold - Copper Porphyry Project
(via Thenewswire.ca)
Vancouver, BC / TNW-ACCESSWIRE / November 28, 2014 /Doubleview Capital Corp. ("Doubleview") (TSX-V:DBV) is pleased to announce the continuation of work on Hat gold - copper porphyry property located in the Sheslay Valley of the Stikine Mining District of Northwest B. C. During the 2013 and 2014 field seasons, Doubleview has completed more than 7000 metres of diamond drilling on the Property, most of which was directed to the Lisle Zone where drill hole H-11 intersected 451 metres (1480 feet) with 0.33% Cu Eq., drill hole H-12 intersected 94 metres (308 feet) with 0.60% Cu Eq. (News Release 14/May/2014) and drill hole H-22 intersected 404 metres with 0.25% Cu and 0.255 g/tonne Au (0.40% CuEq) including 118 metres with 0.55% Cu and 0.41 g/tonne Au (0.80% CuEq) (News Release 23/Oct/2014). Core photographs may be viewed on the Doubleview website - www.doubleview.ca
Doubleview`s field crew and consultants are en route to the Hat Property to continue exploration program, build some needed structures and to winterize the camp. Further details of the exploration program will be announced in the coming week.
As reported in News Release O6/Oct/2014, Doubleview's re-examination of cores from previous drill holes has better defined the Lisle zone mineralization and its relation to Stuhini Formation volcaniclastic host rocks and the "Sheslay Red Stock" syeno-gabbroic intrusion. Doubleview believes that the Lisle Zone is the first major new discovery of a porphyry-type mineral deposit in British Columbia since the 1980s.
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. Mr. Erik A. Ostensoe, P. Geo., a consulting geologist, is Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Ostensoe 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: A1W038]. 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, President & Chief Executive Officer
For further information please contact:
Doubleview Capital Corp.
Suite 310, 675 West Hastings Street
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 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) 2014 TheNewswire - All rights reserved.
TheNewsWire
November 28, 2014 - 12:28 PM EST
Tags: INDUSTRIAL METALS & MINERALS
DBV.v Doubleview Capital Corp. (TSX-V: DBV) Announces Proposed Non-brokered Private Placement Financing
V.DBV | 13 minutes ago
(via Thenewswire.ca)
Vancouver, BC / TNW-ACCESSWIRE / November 12 2014 /Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces a proposed non-brokered private placement of up to 1,666,666 units ("Units") of Flow Through ("FT") at a price of $0.18 per Unit and up to 1,333,333 units ("Units") of Non-Flow Through ("NFT") at a price of $0.15 per Unit for gross proceeds of up to $500,000 (the "Offering"). Each FT Unit will be comprised of one common share of Doubleview and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at $0.25 per share for a period of two years from the date of issuance. Each NFT Unit will be comprised of one common share of Doubleview and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at $0.20 per share for a period of two years from the date of issuance.
Subject to TSX Venture Exchange approval, Doubleview may pay finders a fee of up to 7% of the gross proceeds of the private placement and issue finders share purchase warrants equal to 7% of the number of Units sold in the Offering. Each finder's warrant will entitle the holder to acquire one common share of Doubleview at the unit price for a period of two years from the date of issuance.
Proceeds from the Offering will be used by Doubleview for an additional drill program on the Hat Property, located in northwestern British Columbia, and for general working capital purposes.
Closing of the Offering is subject to TSX Venture Exchange approval.
About Doubleview Capital Corp.
Doubleview Capital Corp. is a Canadian resource exploration and development company located in Vancouver British Columbia. Doubleview is a publicly trading company on TSX-Venture Exchange under TSX.V: DBV. ( OTC: DBLVF / FSE: A1W038 ) Doubleview identifies, acquires and finances quality precious and base metal exploration mining projects in North America and more specifically British Columbia, Canada. Doubleview increases shareholder value through strategic and quality Gold, Copper, and Silver projects acquisitions, and through advanced and state of the art exploration methods in the industry.
Doubleview endeavours to increase the odds of exploration success and to mitigate investment risk through diversification. The recent, strategic property acquisitions have strengthened the Doubleview's property portfolio of Gold, Silver and Copper exploration projects.
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
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 complete the proposed private placement financing, 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) 2014 TheNewswire - All rights reserved.
TheNewsWire
November 12, 2014 - 9:15 AM EST
Tags: INDUSTRIAL METALS & MINERALS
Whenever you're adding tonnage I see it as a good thing,
if you compare the results to the Imperial Metals - Red Chriss property historical drill results I don't think we're too far off what they were looking at in terms of Cu eq grade and are putting into production soon, if the kinda results from the Lisle zone can be found to step out to the west and connect at depth to Anomaly C (1km strike length possibility then?) or to the north and Anomaly E (strong IP response) or to the east up to the HAT ppty boundary and possibly even including the projection onto the neighbouring ABR ppty then I think we're away to the races...hearing thru the grapevine that ABR IP program is about to kick off so you put the puzzle pieces together...hsb
I saw all that === my question was what do you think of it.
BMR responds to todays news >>>Hat Property Regains Momentum As DBV Cuts Into Higher Grades
Through shear grit and determination, technical expertise from distinguished mine-finders, and a little bit of luck which is always needed, Doubleview Capital Corp.’s (DBV, TSX-V) Hat Property is closing out the final quarter of 2014 with fresh momentum after the discovery of higher grades within the Sheslay “red stock” as reported by the company following today’s market close.
It’s important to point out that Doubleview has not been drilling a known deposit – this is a fresh, evolving discovery in the Sheslay district about 10 km southeast of the Star deposit. And it’s going to get a lot more interesting when the next round of drilling begins imminently, especially since the last hole (HAT-22) returned the best grades yet including a 118-m section of 0.55% Cu and 0.41 g/t Au (0.80% CuEq) within a broader interval of 404.2 m @ 0.40% CuEq. All 7 holes from this latest round of drilling “hit”, expanding the Lisle Zone to the north, the southwest and the east.
The “blue sky” over the Hat is as blue as ever – tonnage is building, grades are now trending higher (critical), and this system is wide-open in all directions. Yes, a massive amount of work is still required here – lots of heavy lifting to come – but the Doubleview team has already managed to get this far in a relatively short period. To use a football analogy, there’s every reason to believe they have what it takes to carry the ball into the end zone – wherever the “end” zone in this case might be because this field simply has no limits at the moment.
Keep in mind that less than a year-and-a-half ago, this property had never been previously drilled. To take the Hat from that grassroots stage to where it is now, after just 22 holes, is a major accomplishment, particularly considering the challenging market environment. Only a very dedicated, disciplined and talented team with immense faith in their project, and not afraid to take smart risks, could achieve that over these last 18 months. This is why we’re convinced there is so much potential upside to the Hat Property and Doubleview itself. President and CEO Farshad Shirvani, who has the likes of highly respected geologists Pat McAndless and Erik Ostensoe at his side, and others who are playing key roles, has shown the kind of courage and conviction required to give investors a legitimate shot at a huge win.
We’ve had our boots on the ground at the Hat – a site visit last April that gave us the distinct sense that there is something special about this part of the Sheslay district. Cu-Au porphyry systems are never easy to figure out, but the possibility that the Lisle Zone connects with other well-defined targets throughout the project has to be considered very real. A broad range of data collected by Doubleview, combined with historical reports, are extremely encouraging for the discovery of a large-scale deposit. And somewhere in this cooked-up system, rich grades could exist as they do in the “red stock” at the Red Chris.
More tomorrow.
Lisle Zone
An emerging deposit – the latest results from Doubleview Capital have elevated the potential of the Hat Property as the company prepares for another round of drilling.
http://www.bullmarketrun.com/?p=24292
DBV.v Doubleview drills 404.2 m of 0.4% CuEq at Hat
2014-10-06 17:38 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW DRILLS INTO STRONGEST MINERALIZATION DISCOVERED SO FAR AT HAT PROPERTY
Doubleview Capital Corp. is preparing to restart diamond drilling at its Hat copper-gold porphyry discovery in the Sheslay district, northwest British Columbia, after intersecting the strongest mineralization yet encountered at the property in the most recently completed drill hole, HAT-022. HAT-022, collared 230 metres east of HAT-012 and 87 metres east of Hat-011, returned 404.2 metres of 0.25 per cent copper and 0.255 gram per tonne gold (0.4 per cent copper equivalent), including a 118.4-metre interval grading 0.55 per cent Cu and 0.41 g/t Au (0.80 per cent CuEq).
Drilling highlights:
HAT-022 demonstrates the potential for higher grades and length within the Sheslay Red Stock zone of alteration identified earlier this year.
All seven new holes show continuity of mineralization, and some include Hat's best grades to date in the Lisle zone.
Mineralization remains open in all directions. Several large coincident geological, geophysical and geochemical targets surrounding the Lisle zone have yet to be drill tested.
Farshad Shirvani, president and chief executive officer, stated: "These latest results confirm our belief that the Hat property has become a very important new discovery with large-scale deposit potential in a robust, underexplored district, where Doubleview is taking a leading role. We have systematically advanced this project through each round of drilling, expanding the mineral zone both laterally and to depth, so we have ample reasons to expect fresh breakthroughs as work continues.
"We have assembled an exceptional technical team under the leadership of Mr. Pat McAndless, PGeo, the company's senior technical adviser, that is passionate and driven to succeed. We have a vision for where this is going as we build tonnage, find higher grades and demonstrate scale. The property is fully permitted, and the camp and complete drill outfit are on site."
SIGNIFICANT ASSAY RESULTS OF DRILLING PROGRAM
DDH From To (m) Length Cu (%) Au Ag CuEq (%)
(m) (m) (g/t) (g/t)
HAT-022 43.4 447.6 404.2 0.25 0.25 0.41 0.40
HAT-022 including 116.4 419.0 302.6 0.30 0.28 0.41 0.46
HAT-022 and 302.9 421.3 118.4 0.55 0.41 0.77 0.80
HAT-022 and 294.2 354.6 60.4 0.67 0.56 0.80 1.00
HAT-021 246.3 346.0 99.7 0.19 0.13 0.37 0.26
HAT-021 including 246.3 292.7 46.4 0.26 0.18 0.59 0.37
HAT-020 0.0 301.4 301.4 0.11 0.12 0.20 0.19
HAT-020 including 213.8 301.4 87.6 0.28 0.27 0.23 0.44
HAT-020 including 217.6 228.8 11.2 0.38 0.51 0.31 0.67
HAT-020 and 253.5 297.0 43.5 0.43 0.37 0.30 0.65
HAT-019 48.4 444.8 396.4 0.13 0.10 0.29 0.19
HAT-019 including 48.4 74.0 25.6 0.11 0.37 0.37 0.32
HAT-019 and 249.7 433.0 183.3 0.22 0.13 0.45 0.30
HAT-019 including 286.0 436.8 150.8 0.25 0.14 0.52 0.34
HAT-019 and 397.5 408.3 10.8 0.67 0.18 1.46 0.78
HAT-019 and 342.0 420.2 78.2 0.37 0.18 0.85 0.47
HAT-019 including 359.7 420.2 60.5 0.43 0.18 1.01 0.54
HAT-018 42.1 314.0 271.9 0.15 0.17 0.39 0.25
HAT-018 including 170.7 314.0 143.3* 0.23 0.27 0.54 0.39
HAT-018 and 179.8 314.0 134.2* 0.24 0.28 0.57 0.41
* Includes a 2.0-metre contaminated sample recorded as zero value
HAT-017 39.7 459.9 420.2 0.17 0.14 0.38 0.25
HAT-017 including 221.0 459.9 238.9 0.27 0.22 0.43 0.40
HAT-016 45.7 429.0 383.3 0.14 0.11 0.35 0.21
HAT-016 including 160.7 189.4 28.7 0.36 0.08 1.52 0.42
HAT-016 and 256.2 335.6 79.4 0.32 0.32 0.27 0.51
A drill plan is located on the website of the company. Drill holes HAT-016 and HAT-017 targeted the southwest continuation of the Lisle zone. Drill hole HAT-018, directed to the northwest, was abandoned in strong copper-gold mineralization and short of its intended target due to difficult drilling conditions in fractured sulphides. Drill holes HAT-019 and HAT-021 expanded the Lisle zone southwest in the down slope direction whereas drill hole H-20 expanded the zone northerly. Drill hole HAT-022 was an 87-metre step-out to the east of drill hole HAT-011 that assayed 451 metres of 0.21 per cent copper, 0.18 gram per tonne gold and 1.79 grams per tonne silver (0.33 per cent CuEq), including 330 metres of 0.25 per cent copper, 0.22 g/t Au and 1.84 g/t Ag (0.39 per cent CuEq). Due to the fact that potential metal recoveries in possible future mining and processing operations at the Hat project have not been investigated and are unknown, and because both precious and base metal market prices are volatile in both the short and long term, copper equivalent estimates cannot be used to predict the current or future value of Hat mineralization. While Doubleview is very encouraged by results from 22 drill holes completed to date at the Hat property, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a resource.
Quality assurance/quality control
All drill cores were sampled on site by sawing the core lengthwise, placing one-half core securely in a bag for transfer to the prep lab and one-half retained for future reference. A total of 1,365 core samples were submitted to an independent fully accredited ISO 9001:2008-certified analytical laboratory, where gold was determined by fire assay and atomic absorption methods, and 45 other elements, by four-acid digestion followed by induced coupled plasma/emission spectrometry determination. Samples with copper content greater than the ICP upper detection limit (more than 10,000 parts per million) were analyzed by atomic absorption. QA/QC protocols were observed at all stages of core processing, including security in transit of samples with chain-of-custody documentation, preparation of duplicate samples, insertion of standard samples into the sample stream, replicate analyses of samples and performance of check assaying by a second independent laboratory. Data have been reviewed by an independent consultant, who found all analytical data to be fully acceptable in terms of reproducibility.
Erik A. Ostensoe, PGeo, a consulting geologist, is Doubleview's qualified person with respect to the Hat project as defined by National Instrument 43-101 (standards of disclosure for mineral projects). Mr. Ostensoe 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.
© 2014 Canjex Publishing Ltd. All rights reserved.
Now that the news is out what is your read? Good news I guess but not really great is it? Been a long time IMO since any of the Sheslay people have given any really concrete "good news" to investors. Don't you think that is sort of strange? Ashburton and Alix have good volume according to you but their price stays in the toilet. Maybe better in the future but still pie in the sky IMO.
DBV.v Doubleview Capital Corp. & Sheslay District (DBV, TSX-V) Update courtesy BMR...cheers...hsb
Doubleview Capital (DBV, TSX-V) roared to life yesterday, jumping a nickel to close at 23 cents – its highest level since mid-May…this wasn’t totally surprising given the improving technical posture of the stock as John showed in a chart Monday, plus the fact it doesn’t take a rocket scientist to figure out that a potential abundance of news from the Sheslay district – including drill results and news of more drilling – is likely just around the corner…all companies in the area have been holding their cards very close to their chests over the last few months – is someone about to lay down a Royal Flush, or does Prosper Gold Corp (PGX, TSX-V) have Four of a Kind at the Star Project?…
Alix Resources (AIX, TSX-V), the largest landholder of all in the Sheslay district, was the Venture’s most active stock yesterday (8.5 million shares, all exchanges) with a massive surge in volume near the end of the day…Ashburton Ventures (ABR, TSX-V), advancing the Hackett Property contiguous to DBV’s discovery, perked up as well…
The entire area has an excellent chance of heating up again in a dramatic way, especially once Prosper and Garibaldi Resources (GGI, TSX-V) – companies with heavy bats – start swinging for the fences…
The exciting thing about a discovery area is that it can easily run counter to the market, just like what occurred in late January/early February when the Venture fell 5% from the mid-980’s to 940 but Doubleview soared on its Hat discovery, a staking rush ensued and all the Sheslay players caught fire…
Below is an updated DBV chart…it’s interesting to note that the 200-day moving average (SMA), once it reversed to the upside in the spring of last year, has dictated the primary trend in this stock through a series of roller coaster rides over the last 17 months…the rising 300-day (not shown on this chart but currently at 14 cents) provided great support for DBV over the challenging last few months…DBV is off 2 pennies at 21 cents in early trading, just above what appears to be new chart support, not unexpected after yesterday’s strong push
http://www.bullmarketrun.com/?p=23881
Doubleview Capital Corp. (CA: DBV) Appoints Patrick McAndless as Senior Advisor to Board of Directors
Aug 15, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, BC / ACCESSWIRE / August 15, 2014 / Doubleview Capital Corp. ("Doubleview") CA:DBV 0.00% is pleased to announce that it has appointed Patrick McAndless as senior advisor to Doubleview's board of directors. Mr. McAndless brings a wealth of experience in the developing copper-gold porphyry's which are similar in geology to Doubleview's Hat Property. Mr. McAndless has commenced analysis of the data on the Hat Property and will be involved with management geological team in developing extensive and strategic exploration plan for the Hat Property.
Mr. McAndless has over 44 years in the mining industry primarily exploring for base and precious metal deposits. Previously, Mr. McAndless served as Vice-President Exploration of Imperial Metals Inc. and assisted the Imperial Metal's team in discovering key deposits in British Columbia and Nevada. Other work has included managing large scale exploration projects for various senior and junior mining companies focusing on porphyry copper, volcanic massive sulphide, epithermal gold, uranium and diamond deposits.
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
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Doubleview Capital begins trading on FSE, OTC Market
2014-08-12 09:13 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW CAPITAL CORP. (TSX-V: DBV) ANNOUNCES QUOTATIONS ON FRANKFURT AND OTC MARKETS
Doubleview Capital Corp.'s common shares are listed on the Frankfurt Stock Exchange under the symbol A1W038 and the OTC Market platform under the symbol DBLVF. As a result, Doubleview's common shares now trade on three international platforms, being the TSX Venture Exchange (Canada), the Frankfurt Stock Exchange (Germany) and the OTC Markets platform (United States).
Doubleview's chief executive officer, Farshad Shirvani, states: "The trading/quotation of Doubleview's common shares on the Frankfurt Stock Exchange and OTC Markets platform creates an opportunity for Doubleview to expand its European and United States shareholder base. We believe that with multiple listing / quotations there will be enhanced liquidity for our shareholders."
Read more at http://www.stockhouse.com/companies/bullboard/v.dbv/doubleview-capital-corp#Hu8l6leTDE1zsLvO.99
Closed that tranche in one day!!! in this market, in this sector ......damn
Aug. 8, 2014, 4:33 p.m. EDT
Doubleview Capital Closes First Tranche of Private Placement for $384,000
CA:DBV -3.33%
Aug 08, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, BC / ACCESSWIRE / August 8, 2014 / Doubleview Capital Corp. ("Doubleview") CA:DBV -3.33% is pleased to announce it has closed the first tranche of its non-brokered private placement financing announced on August 7, 2014. Doubleview issued a total of 2,060,000 flow-through units ("FT Units") at a price of $0.16 per FT Unit for gross proceeds of $329,600 and 340,000 non-flow-through units (the "NFT Units") at a price of $0.16 per NFT Unit for gross proceeds of $54,400.
Each NFT Unit is comprised of one common share of Doubleview and one common share purchase warrant (a "NFT Warrant"), with each NFT Warrant entitling the holder to purchase one additional common share at $0.25 per share until August 8, 2016. Each FT Unit is comprised of one flow-through common share of Doubleview and one-half of one common share purchase warrant (each whole warrant a "FT Warrant"), with each whole FT Warrant entitling the holder to purchase one additional common share at $0.25 per share until August 8, 2016. Doubleview will have the right to accelerate the expiry date of the NFT Warrants and FT Warrants if, at any time, the average closing price of Doubleview's common shares is equal to, or greater than, $0.30 for 10 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 $30,400 and issued the finder 190,000 non-transferable warrants. Each finder's warrant is exercisable on the same terms as the warrants described above.
The securities issued under the financing will be subject to a hold period expiring on December 9, 2014 pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchange.
The proceeds from the flow-through offering will be used to carry out Doubleview's 2014 fall drill program on its highly prospective Hat Copper Gold Porphyry project in northwestern British Columbia, and the net proceeds of the non-flow-through offering will be used for general working capital purposes.
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
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Forward-Looking Statements
DBV.v Doubleview Capital Corp. (TSX-V: DBV) Announces Proposed Private Placement Financing
V.DBV | 10 hours ago
(via Thenewswire.ca)
Vancouver, BC / TNW-ACCESSWIRE / August 6 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) is pleased to announce a proposed non-brokered private placement financing of up to 4,687,500 non-flow-through units (the "NFT Units") at a price of $0.16 per NFT Unit for gross proceeds of up to $750,000, and 4,687,500 flow-through units (the "FT Units") at a price of $0.16 per FT Unit for gross proceeds of up to $750,000.
Each NFT Unit will be comprised of one common share of Doubleview and one common share purchase warrant (a "NFT Warrant"), with each NFT Warrant entitling the holder to purchase one additional common share at $0.25 per share for a period of two years from the date of issue. Each FT Unit will be comprised of one flow-through common share of Doubleview and one-half of one common share purchase warrant (each whole warrant a "FT Warrant"), with each whole FT Warrant entitling the holder to purchase one additional common share at $0.25 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 NFT Warrants and FT Warrants if, at any time, the average closing price of Doubleview's common shares is equal to, or greater than, $0.30 for 10 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.
Subject to TSX Venture Exchange approval, Doubleview may pay a cash finder's fee of up to 8% of the aggregate gross proceeds of the private placement and 8% warrants to registered brokers.
Closing of the private placement is subject to TSX Venture Exchange approval.
The proceeds from the flow-through offering will be used to carry out Doubleview's 2014 fall drill program on its highly prospective Hat Copper Gold Porphyry project in northwestern British Columbia, and the net proceeds of the non-flow-through offering will be used for exploration work as well as general working capital purposes.
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.
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
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 complete the proposed private placement financing, implement its drill 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) 2014 TheNewswire - All rights reserved.
TheNewsWire
August 6, 2014 - 10:13 PM EDT
Tags: INDUSTRIAL METALS & MINERALS
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.
AIX.v ...New Video Clip -Website Addition
Outlining the companies dedication to the Sheslay and comprehensive land package assembled to date...hsb
http://www.alixresources.com/
DBV.v gets back down to biz in the Sheslay...hsb
Doubleview Capital Corp. Resumes Drilling Program on Hat Porphyry Copper Gold Deposit
V.DBV | 39 minutes ago
(via Thenewswire.ca)
Vancouver, BC / TNW-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: corporate@doubleview.ca
Farshad Shirvani, President & CEO
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 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.
Copyright (c) 2014 TheNewswire - All rights reserved.
TheNewsWire
June 5, 2014 - 9:28 AM EDT
Tags: INDUSTRIAL METALS & MINERALS
DBV.v ...Doubleview Capital’s (DBV, TSX-V) news release yesterday seemed about as long as the Golden Bear access road, and investors were given little time to digest it, which partly explains why some important parts in our view were overlooked by many investors – hence the unfortunate sell-off yesterday…all it takes in today’s market is just one trigger-happy investor to hit the sell button, perhaps for no reason related to whether results are good or bad – as Prosper Gold Corp. (PGX, TSX-V) discovered last October – and selling begets selling…we didn’t have time to fully digest DBV’s news until last evening and we’re still conducting research on it…we hope to shed much more light on this Hat Property news by early next week…
Interestingly, buried almost at the very bottom of DBV’s lengthy news release yesterday, were the words, “The company is working closely with local contractors and stakeholders with a view to resuming property work in June (the highlighted part is our emphasis)…DBV still has money in the bank and every reason to get back to the Hat as soon as possible for more drilling – “the complete drilling outfit remains on the property” as reported yesterday – for reasons stated below…
DBV had a couple of “misses” in their most recent drilling but they also made what could prove to be an important new discovery – drill hole HAT-12 (from a depth of 146 m to 436 m) passed through “the top section of a syeno-gabbro intrusion (Sheslay red stock) that has not previously been recognized in the district.” That’s an important development and it could be hugely significant as it may represent an important change in the Hat model…and the question is, what’s the potential size and shape of this red stock intrusive that could host higher grades?…you’ll notice that in HAT-12, which returned a 110-m interval grading 0.31% Cu, 0.38 g/t Au and 0.54% CuEq, within a wider section that returned 283 m of 0.31% CuEq, the Gold grades were better than the Copper grades…this hole is different in some important respects than any other drilled so far at the Hat, and it was collared 152 m west and 50 m south of discovery hole HAT-11, and inclined at -60 degrees to the south…very interesting, and more needs to be learned…in every round of drilling so far, Doubleview has moved this property forward…President and CEO Farshad Shirvani is a bulldog and we suspect he’s more fired up than ever after these latest results and the model that could be emerging here…
Besides the intrigue of HAT-12, an important part of the “Big Picture” remains the fact that the Hat is showing strong volume potential with the length of the “Lisle Zone” (Anomaly B) 1 km, and it remains open in all directions…
Investors who were hoping for a “glory” hole or a significant discovery at Anomaly C, more than 2 km from the original discovery at Anomaly B, were no doubt disappointed yesterday…porphyry deposits have a complex nature, and it’s critical (albeit difficult sometimes) for investors to look beyond just the basic numbers to see how the model might be taking shape…DBV really does have a tiger by the tail at the Hat…they face some significant challenges but they’ve so far shown the ability to overcome any obstacles that have come before them…
With respect to Anomaly C, perhaps DBV has made a “technical” discovery with HAT-14…it’s a hole that reminds us a little of HAT-06 from the very first round of drilling that hit the edge of the mineralized porphyry at Anomaly B…HAT-14 was drilled southerly at -45 degrees with total length of 336.8 metres…it encountered low Copper-Gold mineralization throughout including a 26-m section, from 242 to 268 m, that averaged 0.21% Cu and 0.08 g/t Au…much more work needs to be completed at Anomaly C where very high chargeability readings have been recorded…as DBV stated yesterday, “Interpretation of drill hole analytical and other data from holes HAT-14 and HAT-15 appears to indicate that Anomaly C geology and mineralization is similar to that found at Anomaly B, and may be a continuation of the Lisle zone.”
DBV is down 1.5 cents at 23.5 cents as of 7:45 am Pacific but there’s no heavy volume sell-off this morning…technically, Fib. support is strong at 23 cents while the 20-cent area is another support level as witnessed last month…
http://www.bullmarketrun.com/?p=21994
Doubleview Capital drills 451 m of 0.33% CuEq at Hat
2014-05-14 13:47 ET - News Release
Mr. Farshad Shirvani reports
DOUBLEVIEW CAPITAL CORP. ANNOUNCES 451M WITH 0.33% CUEQ IN HOLE H11, AND 246M WITH 0.35% CUEQ INCLUDING 94M WITH 0.60% CUEQ IN HOLE H12 AT HAT PROPERTY
Doubleview Capital Corp. has released assay results from the company's 2014 diamond drilling program on its 3,561-hectare Hat property located in the Sheslay valley of the Stikine mining district of British Columbia. Of particular significance are assays from Drill Hole H11 that intersected 451m (1480 ft) with 0.33% CuEq including 51.82m (170 ft) with 0.64% CuEq and from DH H12 that intersected 243m (797 ft) with 0.33% CuEq including 94m (308 ft) with 0.60% CuEq. Drilling also intersected elevated and possibly important gold values, including in DH H12 one meter with 5.92 g/t Au at 199m and one meter with 8.04 g/t Au at 299m depth.Assays are uncut, length-weighted average values. True widths are unknown. Doubleview's management and consultants believe that Drill Hole H12 from 146m to 436m depth passed through the top section of a syeno-gabbro intrusion (the "Sheslay Red Stock") that is host to the strong zone of copper and gold mineralization that also was recognized in 2013 drill holes. The Sheslay Red Stock has not previously been recognized in the District. Doubleview in future will refer to geophysical "Anomaly B" that includes the Sheslay Red Stock mineralization as the "Lisle Zone" in recognition of Mr. Tom Lisle's more than 30 years of prospecting and other exploration activities in the Sheslay District, including the discovery of the Dick Creek copper zone (aka Star zone) now being explored by Prosper Gold. Now retired, Mr. Lisle is a co-vendor of the Hat Property. His dedication and inspired efforts are directly responsible for generating the current interest that makes the Sheslay District the most active mineral exploration scene in British Columbia.Drilling commenced on March 27 and continued to April 29, 2014. 1588.8 metres were drilled in five holes: H11, H12, H13, H14 and H15. The complete drilling outfit remains on the property.[Note that Hole H11 that was suspended at depth 314.11 metres in November, 2013 was re-entered and deepened to final depth of 463.10 metres.] Total drilling on the Hat Property since commencement in May, 2013 is now 4169.1 metres in 15 drill holes.Quality Assurance and ControlFollowing examination by Doubleview's technical staff, cores were halved by use of diamond-blade equipped saws: one half was forwarded to an internationally accredited analytical laboratory, being ALS Minerals (ALS Canada Ltd.) in North Vancouver, BC, and one half was retained in the field for future reference. Appropriate QA/QC protocols were observed both in the field and in the laboratory. In the lab 762 samples, including core, duplicate and standard samples, were weighed then processed by crushing and pulverizing, followed by four acid digestion and induced coupled plasma-atomic emission spectrometry (ICP-AES) determination of 33 elements. Gold values for 50 gram portions of all samples were determined by fire assay with atomic absorption finish. Of the 762 samples, 715 were core samples and 47 were standard or prep duplicate samples. Independently the laboratory also provided QC Certificates of Analysis for standard, blank, duplicate and prep duplicate samples. Drill hole data are summarized in Table 1.
-----------------------------------------------------------
|Drill Hole|East |North |Elevation|Azimuth|Dip|Length|
|---------------------------------------------------------|
|H11 |347,852|6,454,300|1,006 |180 |-55|463.10|
|---------------------------------------------------------|
|H12 |347,700|6,454,250|980 |180 |-65|548.00|
|---------------------------------------------------------|
|H13 |347,700|6,454,250|980 |0 |-80|350.00|
|---------------------------------------------------------|
|H14 |345,770|6,454,890|1,057 |180 |-45|336.80|
|---------------------------------------------------------|
|H15 |346,100|6,454,310|1,081 |0 |-45|208.79|
-----------------------------------------------------------
Table 1. Drill Hole Location DataDoubleview has received complete analytical and drill hole data from the April 2014 drilling. Highlights are presented in Table 2.
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|DDH |From(m)|To(m) |Length(m)|Cu(%)|Au(g/t)|Ag(g/t)|CuEq(%)|
|----------------------------------------------------------------|
|H11 |12 |463.11|451.11 |0.22 |0.17 |0.59 |0.33 |
|----------------------------------------------------------------|
|Including|12 |111.86|99.86 |0.29 |0.19 |1.38 |0.42 |
|----------------------------------------------------------------|
|Including|258.15 |337.11|78.96 |0.33 |0.26 |1.18 |0.49 |
|----------------------------------------------------------------|
|Including|258.15 |309.97|51.82 |0.42 |0.34 |1.56 |0.64 |
|----------------------------------------------------------------|
|Including|261.2 |409.11|147.91 |0.32 |0.24 |0.59 |0.47 |
|----------------------------------------------------------------|
| | | | | | | | |
|----------------------------------------------------------------|
|H12 |151 |434 |283 |0.18 |0.21 |0.25 |0.31 |
|----------------------------------------------------------------|
|Including|188 |434 |246 |0.20 |0.23 |0.26 |0.35 |
|----------------------------------------------------------------|
|Including|266 |376 |110 |0.31 |0.38 |0.39 |0.54 |
|----------------------------------------------------------------|
|Including|266 |360 |94 |0.34 |0.43 |0.46 |0.60 |
|----------------------------------------------------------------|
|Including|298 |300 |2 |2.26 |4.53 |3.50 |5.03 |
|----------------------------------------------------------------|
| | | | | | | | |
|----------------------------------------------------------------|
|H13 |92 |152 |60 |0.24 |0.12 |0.70 |0.32 |
|----------------------------------------------------------------|
|Including|140 |152 |12 |0.75 |0.29 |2.75 |0.95 |
|----------------------------------------------------------------|
|H13 |236 |320 |84 |0.18 |0.14 |0.25 |0.27 |
|----------------------------------------------------------------|
|Including|272 |320 |48 |0.21 |0.20 |0.31 |0.34 |
|----------------------------------------------------------------|
|H13 |330 |340 |10 |0.13 |0.10 |0.60 |0.20 |
|----------------------------------------------------------------|
| | | | | | | | |
|----------------------------------------------------------------|
|H14 |174 |268 |94 |0.08 |0.03 |0.09 |0.10 |
|----------------------------------------------------------------|
|Including|242 |268 |26 |0.21 |0.08 |0.23 |0.26 |
|----------------------------------------------------------------|
|Including|242 |246 |4 |0.36 |0.08 |0.50 |0.41 |
|----------------------------------------------------------------|
|Including|262 |268 |6 |0.62 |0.27 |0.67 |0.79 |
|----------------------------------------------------------------|
| | | | | | | | |
|----------------------------------------------------------------|
|H15 |2.8 |4 |1.2 |0.30 |0.20 |0.00 |0.42 |
------------------------------------------------------------------
Table 2. Summary of Significant Assay Data (Widths are drill hole lengths and true widths cannot be determined from the data and information currently available.) **The % copper equivalent estimate was based on copper, gold and silver values and metal prices and does not make any provision for metallurgical recoveries for the metals. The formula used to calculate copper equivalent values is: %CuEq = [Cu% + (Au g/t*0.60478) + (Ag g/t*0.00911]: using metal prices as of 13/05/2014. Silver values are only included for samples analysed by four-acid digestion/ICP-ES preparation method with detection limit of 1 ppm Ag.Caution: There are no mineral resources or mineral reserves on any part of the Hat Property and there is no certainty that any part of the identified copper-gold mineralization will ever be converted to such resources or reserves. DISCUSSION Drilling - Lisle Zone ("B" Zone)The recently completed drill program was designed (1) to extend the previously identified zone of copper-gold mineralization related to chargeability anomaly "B" (aka the Lisle Zone) and (2) to initiate drilling of the so-called "Anomaly C" located approximately 2.5 km west of "B". As reported in News Release dated January 20, 2014, drill hole H11 returned 313.3 metres with 0.22% copper and 0.18g/tonne gold (0.32% copper equivalent). In April, 2014 drill hole H11 was re-entered at depth 313.3 metres and extended to final depth 463.1 metres. The thickness of the previously reported intersection was extended to 451 metres with 0.22% copper, 0.17 g/tonne gold and 0.59 g/tonne silver (0.33% CuEq).Drill hole H-12, collared 152 metres west and 50 metres south of hole H11, was inclined at -60 degrees to the south and returned several intervals with copper-gold mineralization, including from 188 to 434 metres, 246 metres, with 0.20% copper, 0.23 g/tonne goldand 0.26 g/tonne silver (0.35% CuEq). The mineralization is interpreted as the west continuation of the Anomaly B, Lisle Zone first recognized in H8 and H11. Drill hole H13, inclined at -80 degrees to the north, also drilled several sections of copper-gold mineralization, including from 92 to 152 metres, 60 metres, with 0.24% copper, 0.12 g/tonnes gold and 0.70 g/tonne silver (0.32% CuEq).
The "Lisle zone" mineralization now has been found from Hole H6 (2013 drilling) to Hole H8, a distance of 958 metres and is "open" to extension in all directions. Doubleview believes that "Lisle" zone mineralization represents a very important new discovery with the potential, on the basis of technical data (geochemistry, geology and geophysics) and diamond drilling, to become a significant addition to the overall mineral inventory of the Stikine district of northwest B. C.
Anomaly C
Following completion of drill hole H13, Doubleview initiated diamond drill testing of the "Anomaly C" area where technical surveys indicated an environment similar to that found at Anomaly B, including copper in outcrops and soils, and strongly anomalous chargeability. Drill hole H14, drilled southerly at -45 degrees, with total length 336.8 metres, encountered copper-gold mineralization throughout, averaging from 174 to 268 metres, 94 metres with 0.08% copper and 0.03 g/tonne gold, including a 26 metre section, from 242 to 268 metres, that averaged 0.21% copper and 0.08g/tonne gold. Drill hole H15, inclined northerly at -45 degrees to total length 208.8 metres, returned 1.2 metres with 0.30% copper and 0.20 g/tonne gold.Interpretation of drill hole analytical and other data from holes H14 and H15 appears to indicate that Anomaly C geology and mineralization is similar to that found at Anomaly B, and may be a continuation of the Lisle ("B") Zone. That possibility will be investigated later this year by further geophysical surveys and drilling. The total distance between the collars of drill holes H08 (Anomaly B) and H14 (Anomaly C) is 2.5 km.
Hoey Zone
The historic Hoey mineral zone that lies 2 km southeast of drill hole H08 has geologic characteristics similar to the Anomaly B zone but has not been investigated by Doubleview. Anomaly EAnomaly E, a strong geochemical and chargeability anomaly situated 500 metres north of the Lisle Zone, has not been investigated by Doubleview.Logistics - Northwest British Columbia Northwest British Columbia is currently the scene of much mineral-related exploration and development, with one mine in start-up (Imperial Metal's Red-Chris deposit), and several advanced staged projects in the permitting phase, including Teck/Novacopper's Galore Creek deposit, Teck/Copper Fox's Schaft Creek deposit, Pretivm, Seabridge, anda large number of earlier-stage exploration projects, most of which are, like the Hat Property, located close to or in the geologically favourable transition zone from the Coast Intrusions to the Intermontane Physiographic province. The area is served by Highway 37, a provincial highway, and the Northwest Transmission Line that will connect to the provincial power grid, is nearing completion. Despite the fact that all Hat Property work requires costly helicopter support, Doubleview has achieved total drilling costs comparable to those found elsewhere in British Columbia. Local communities are a source of capable employees and the Doubleview benefits from access to supportive businesses and services available in the town of Smithers. Dease Lake, located 95 km northeast of the Hat Property, population 350, provides logistical support, health care and other services. The Hat Project is fully permitted and the Company is working closely with local contractors and stakeholders with a view to resuming property work in June 2014. Doubleview holds an option to acquire 100% interest in the Hat Project.
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 reviewed, approved and verified 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.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd. All rights reserved.
IIROC Trading Resumption - DBVVANCOUVER, May 14, 2014 /CNW/ - Trading resumes in:
Company: DOUBLEVIEW CAPITAL CORP
TSX-Venture Symbol: DBV
Resumption: 14:30 PM ET
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC)
For further information:
IIROC Inquiries 1-877-442-4322 (Option 2) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.
Here it comes, long anticipated release DBV News: IIROC Trading Halt - DBV
Doubleview Capital (DBV.V) Drill Program summary
We also have 3 other anomalies to prove are mineralized. What has to be proven in "B" is that the mineralization continues at depth with increasing grades and that there is consistency from hole H-8 to discovery hole H-6 (1km to the west). Another hole west of H-11 (313m of mineralization from surf) would do it for "B". What myself and many others want to see is whats in "C". Geologically speaking "C" looks like a monster. The possible feed for the area.
DBV.v Doubleview Capital Corp. (DBV, TSX-V) Update
Last week was a powerful one for Doubleview Capital (DBV, TSX-V) as it soared from 26 cents to a new all-time high of 40 cents before settling Friday at 35 cents for a 31% weekly gain…speculation is obviously ramping up with regard to upcoming results after the company recently completed its first phase of 2014 drilling at the Hat to follow up on discovery holes HAT-08 and HAT-11…DBV’s April 30 news release stated that results from this latest drilling can be “expected within four weeks”…
What’s driving Doubleview is not just the potential of the Hat Property, given results to date, and the prolific nature of the Sheslay Valley, but the vision and steadfast determination of President and CEO Farshad Shirvani…during our Hat Property and Sheslay area visit a month ago, we were able to conduct a 1-hour video interview with Shirvani…we’ll be showing some excerpts of that next week…what that interview revealed is a very focused individual who understands the challenges he faces but has a vision and a game plan, including the right people surrounding him, to succeed…that’s what it takes in life to be a winner…the junior exploration business is no different…
“We’re going to have a very aggressive year, that’s my plan,” Shirvani told us. “For that aggressiveness, the plan that I have, we need more than one rig. I don’t know how many right now but we have it on the plan. I’m really working on it, setting the blueprint. My plan…the dream is…to have it (the Hat) at a level where we have a resource calculation by the end of this year – at least on the four anomalies that I’m planning to put into action. I want to do it as I want to give the company what it deserves – and put it in as an asset of the company.”
During our couple of days at the Hat, there wasn’t anything Shirvani wasn’t prepared to do – whether that meant cooking a meal, hauling equipment, prospecting, offering encouragement, or finding a new way to save some money for shareholders…it’s that kind of leadership that gives us confidence that Doubleview has a great shot at remarkable success…the same can be said, in fact, for all the companies active in the district which is one key reason we’re so bullish on the entire Sheslay Valley – interestingly and importantly, each company in the area has its own unique “people strengths” and we’ll explore that issue in more detail in the coming weeks…
Farshad at Anomaly C
DBV President and CEO Farshad Shirvani examines the reported outcropping mineralization at Anomaly C, more than 2 km W-NW of Anomaly B discovery holes HAT-08 and HAT-11 (BMR photo from early April site visit).
DBV 3-Year Weekly Chart
Below is an updated 3-year weekly DBV chart from John…with a confirmed breakout above 34 cents, what to watch for now is whether that level now holds as new support…the overall trend remains strongly bullish, as shown by the ADX indicator…the rising 50-day SMA (not displayed on this chart, currently at 26 cents) provides strong secondary support…ultimately, drill results will of course determine the stock’s fate, and there is risk in DBV as there is in almost any investment…never invest money you can’t afford to lose and never forget to take profits off the table from time to time…that said, nothing beats the leverage this industry provides, and the Sheslay Valley sure feels like it’s shaping up to become the hottest exploration camp B.C. has seen in many years…DBV is unchanged at 35 cents as of 7:30 am Pacific…
DBV19http://www.bullmarketrun.com/?p=21938
Companies rush to stake claims in the Sheslay Valley Drilling hints at world-class gold-copper deposit in northwestern B.C.
Aerial view of Prosper Gold Corp.’s Star project. The company last year acquired 80% of the property from Firesteel Resources Inc.
By Peter CaulfieldTue May 6, 2014 12:01am PST
The prospects for mineral exploration in British Columbia may be looking up. In 2013, total expenditures were $476 million, a decrease of almost one-third from $680 million in 2012. But a recent flurry of exploration activity in the Sheslay Valley has investors hoping explorers will uncover a world-class copper-gold deposit in the northwestern corner of the province.
“We started the staking rush and now we’re the ones everyone’s watching,” said Pete Bernier, president and CEO of Prosper Gold Corp. (TSX-V:PGX). “With our Star project, we’re hoping we can replicate the success of Richfield Ventures Corp., which we proved up and sold in 2011 for $500 million.”
In August 2013, Prosper bought an option to acquire 80% of the Star property from Firesteel Resources Inc. (TSX-V:FTR).
Unlike most junior miners of late, Prosper Gold has had no difficulty raising money.
“We have $1 million in the bank and we’re raising another $3 million,” Bernier said. “Our management team has a good track record, so financing is not a problem.”
Other exploration companies active in the Sheslay Valley include Garibaldi Resources Corp. (TSX-V:GGI), Alix Resources Corp. (TSX-V:AIX), Romios Gold Resources Inc. (TSX-V:RG) and Doubleview Capital Corp. (TSXV:DBV).
Doubleview holds an option to acquire the Hat property, which is only nine kilometres from the Star project.
Erik Ostensoe, Doubleview’s qualified person on the Hat project, said drilling in 2013 has been promising.
Doubleview is financing Hat exploration with private placements and by exercising warrants and options.
Ostensoe said interest in the Sheslay Valley has been helped by several unrelated events, including the construction of the northwest transmission line along Highway 37, which is bringing electricity to the northwest, the imminent startup of Imperial Metals Corp.’s (TSX:III) Red Chris mine and discoveries in the Sulphurets and Galore Creek areas.
“The Sheslay Valley is a remote, underexplored part of the province. Several copper-gold mineral occurrences have been known for decades, but exploration has only recently been undertaken.”
Tom Schroeter, president and CEO of Fjordland Exploration Inc. (TSX-V:FEX) and a former B.C. government senior regional geologist, is cautiously optimistic about Sheslay Valley.
“It has great geological potential, but it’s hampered by a lack of road access. That means drills have to be brought in by helicopter, which adds to the cost of a project.”
Tags: Fjordland Exploration Inc., Imperial Metals Corp., metal
http://www.biv.com/article/20140506/BIV0108/305069941/-1/BIV0100/companies-rush-to-stake-claims-in-the-sheslay-valley
Riding this train all alone, should hit full stride within a month
DBV.v ...Sheslay Valley: “We Can Have Several Deposits In This District” - Doubleview Capital Corp. (DBV, TSX-V) President & CEO
http://www.bullmarketrun.com/?p=21488
While he’s currently focused on his own drill program, following up on discovery holes 8 and 11 at the Hat Property, the bigger picture of what could be unfolding in the Sheslay Valley district of northwest British Columbia is certainly not lost on Doubleview Capital (DBV, TSX-V) President and CEO Farshad Shirvani. “The whole area is really prospective,” Shirvani emphasized in an extensive interview with BMR during our just-completed site visit. “We stand a lot of chances in here with these projects, we can have several deposits. We can see it in the MINFILE records, they’re all lining up. Yes, we stand a chance to have one of the largest mining camps in Canada.”
We’ll have more of our interview with Shirvani later this week. At the moment, Doubleview is attempting to connect some of the dots at Anomaly B and get a handle on the geometry of this potential sizable deposit, about 9 km southeast of Prosper Gold Corp.’s (PGX, TSX-V) advanced Star target (one of several targets on the Sheslay) and 22 km southeast of Garibaldi Resources Corp.’s (GGI, TSX-V) Grizzly West porphyry target (one of several targets on the Grizzly). Many more holes and additional solid results will be required to push the Hat to an initial NI-43-101 resource estimate over the next 12 months or so, but DBV has set those wheels in motion with an early start to 2014 drilling. “We’re going to have a very aggressive year at the Hat,” explained Shirvani. “That’s my plan. For that plan that I have, we need more than one drill. I don’t know how many right now, but we have it in the plan. I’m working on it, setting the blueprint and talking to the government. The goal is to have the Hat at a level where we can have a resource calculation by the end of the year, at least on the four anomalies we’re planning to put into action.”
DBV.v BMR Morning Musings From The Sheslay Valley…April 9, 2014
http://www.bullmarketrun.com/?p=21140
Greetings from the Sheslay Valley, northwest British Columbia, where BMR is on an extensive research mission to gain an even greater understanding of this rapidly emerging Cu-Au porphyry district (1,500+ sq. km) that clearly has the potential to develop into the most exciting and prolific Canadian exploration story in 2014, though the “masses” have yet to discover it…one company, Doubleview Capital Corp. (DBV, TSX-V), is already drilling while two more companies – Prosper Gold Corp. (PGX, TSX-V) and Garibaldi Resources Corp. (GGI, TSX-V) – are gearing up for drill programs as well…
BMR has landed at DBV's Hat Property where drilling has resumed to follow up on a Cu-Au porphyry discovery reported in late January.
Today we’re reporting directly from the Hat Property (wireless Internet is available) and as we get settled in, we’ll be starting our coverage with excerpts of an interview with DBV President and CEO Farshad Shirvani, and some pictures to give our readers an initial glimpse into how things look on the ground and from the air at the Hat…much more to come in the days ahead as we gather and organize material from the Hat and elsewhere in the district…Doubleview has done an exceptional job setting up camp…also, our visit has opened our eyes to a potential game-changing infrastructure issue – direct road access to the Hat Property…we’ll quickly update the markets first, then return to what’s happening at the Hat…
Gold has traded between $1,300 and $1,315 so far today…as of 8:10 am Pacific, bullion is down $2 an ounce at $1,306 as traders anxiously wait to see the minutes – due later this morning – from the the most recent Fed meeting…investors will try to discern if there is a more hawkish tone coming out of the Fed, particularly after Chair Janet Yellen stated during her March 19 press briefing that the Fed could start raising short-term interest rates about six months after ending its bond-buying program…Silver is down 29 cents at $19.77…Copper is off 4 pennies to $2.99…Crude Oil is up 8 cents at $102.62 while the U.S. Dollar Index has slipped another one-tenth of a point to 79.66…
Holdings of the SPDR Gold Trust fell 2.7 tonnes to 806.48 tonnes yesterday…that reduced its net inflow for the year to just 8 tonnes…the fund has not seen any fresh inflows since March 24…buying has picked up slightly in China…bullion prices on the Shanghai Gold Exchange reached a premium of about $1 an ounce to spot prices for the first time since early last month…they were at a discount of as much as $10 at the end of the month…
U.S. Dollar Index Updated Chart
One factor in Gold’s favor at the moment is a U.S. Dollar Index that continues to struggle…after a brief run to climb out of temporarily oversold conditions, the Dollar Index ran into resistance and must hold critical support around 79 in order to avoid a potential free-fall…below is a 4-month daily chart update from John…it’s hard to imagine that the Dollar Index won’t face a serious test of the 79 area in the immediate or near future…
Today’s Equity Markets
Asia
China’s Shanghai Composite gained 7 more points overnight to close at a near two-month high, 2105…Japan’s Nikkei, however, lost over 300 points or 2% to finish at 14300…
Europe
European shares were up moderately today…
North America
The Dow is up 28 points as of 8:10 am Pacific…the TSX is 27 points higher while the Venture is unchanged at 999…
Direct Road Access Coming To The Hat?
Below is a picture of a helicopter picking up fuel at the start of the Golden Bear access road, approximately 30 km SE of the Hat and immediately off the very well maintained Telegraph Creek road…
Mustang Helicopters, contracted by Doubleview, picks up fuel at the beginning of the Golden Bear access road.
Our visit is already giving us valuable new insight into infrastructure issues in the Sheslay district…of particular importance is the distinct possibility of near-term ground access directly to the Hat from a road that was built by Utah Mines many years ago, branching off from the Golden Bear access road…the Utah Mines route, which also passes through Garibaldi’s Hat East claims and Ashburton Venture Inc.’s (ABR, TSX-V) Hackett Property, requires improvements to a bridge, an effort that is expected to be spearheaded by Doubleview with the goal of completion before the start of summer…this would provide a very economical “shortcut” route to mobilize personnel and equipment to the the Hat Property, and potentially other properties, as an alternative to long distance and/or fixed wing aircraft support…the savings in exploration costs would be substantial…
Fixing of the Utah Mines route would be a major development, connecting a potential deposit at the Hat by ground…although remote, overall infrastructure in the Sheslay Valley district suggests that exploration costs – and ultimately capital costs to develop any deposits that are ultimately proven up – could be significantly less than remote properties elsewhere in the province…we’ll explore that issue more in the days ahead…
The Importance Of Scale
We’ve stated this before but it’s worth repeating – investors need to grasp the potential size of the Sheslay porphyry system and understand how the strong possibility of a series of deposits over a long and broadening corridor could turn this area into a world class mining mining district…there are never any guarantees in the risky exploration business, but this is looking about as good as it ever gets…so far, the numbers back that up that statement…only 59 holes have been drilled into this district – 48 into the Sheslay Property (42 historically and six by Prosper Gold last year) and 11 by Doubleview, all last year, with DBV just starting a new round…remarkably, the “hit ratio” on those holes is approximately 75% with three important discoveries (still in the early stages) over wide distances – the Star target, about 9 km northwest of where we are right now, Pyrrhotite Creek, 4.5 km southwest of the Star, and of course the Hat…those facts clearly demonstrate that the Sheslay district, for lack of a better term, is
“pregnant”…significant catalysts over the last year have rekindled interest in a geologically prolific area whose time has finally arrived…
Exploring The Hat – Drilling Follows Up On Anomaly “B” Discovery With Anomaly “C” The Next Target
Refer to the map below and click on the forward arrow to listen to an excerpt of an audio interview (just over 3 minutes) between Jon and DBV CEO and President Farshad Shirvani– requires Adobe Flash Player version 9 or above):
7-Picture Slide Show From The Hat & Surrounding Area
We will have many more pictures to share in the coming days but below is a start (pictures will automatically rotate):
An aerial view from the east-southeast toward the Sheslay Valley with Mount Kaketsa, a critical topographical feature, in the far background.
Updated DBV Chart
Below is an updated 3-year weekly chart for DBV…notice the recent “cleansing” of the overbought RSI(14) condition…previous Fib. resistance in the low 20's is now support…as always, perform your own due diligence…as of 8:10 am Pacific, DBV is off a penny at 22 cents…
Rackla Metals Inc. (RAK, TSX-V)
Simon Ridgway has turned his attention away from the Yukon and is finding success in South America – one example being Cordoba Minerals Corp. (CDB, TSX-V) which recently raised $15 million for an exciting porphyry project (the Cordoba and San Matias properties) in Colombia…mere speculation on our part, but it wouldn’t surprise us if Ridgway were to find something new in the exploration sector (not medical marijuana) for Rackla Metals Inc. (RAK, TSX-V) – perhaps far away from the Yukon and somewhere in South America?…RAK has been firming up a little bit recently with an increase in volume as well – this caught John’s attention, hence the 2.5-year weekly chart below for our readers’ due diligence…RAK is up a penny at a nickel on light volume as of 8:10 am Pacific…
North Arrow Minerals Inc. (NAR, TSX-V) Updated Chart
North Arrow Minerals (NAR, TSX-V), aggressively on the hunt for diamond discoveries, continues to look strong fundamentally and technically…below is an updated 1-year weekly chart from John…at 80 cents, NAR is threatening to breakout to a new 52-week high…
Note: John and Jon both hold share positions in DBV and GGI. Jon also holds share positions in PGX, ABR and RAK.
DBV.v April 8, 2014
BMR Morning Musings From Smithers, BC…
Greetings from Smithers, a northern British Columbia staging area for our trip to the Sheslay Valley – about an 8-hour drive northwest where our 2-member team will be picked up by helicopter at the Golden Bear access road near Telegraph Creek and flown to the Hat Property, currently being drilled by Doubleview Capital Corp. (DBV, TSX-V)…we’ll have several days of coverage from the Hat and this rapidly emerging world class Cu-Au porphyry district beginning tomorrow…
http://www.bullmarketrun.com/?p=21198
New Sheslay Map - Resource World http://www.garibaldiresources.com/i/maps/Grizzly/resourceWorld_ad_2014final.pdf
BMR Sheslay Valley Visit…
5:00 am Pacific
A BMR crew is heading shortly to northwest British Columbia and the Sheslay Valley for an extensive week of coverage for our readers of B.C.’s most exciting exploration district. Drilling is currently in progress at Doubleview Capital Corp.’s (DBV, TSX-V) Hat Property, and we’ll be reporting directly from the Hat next week.
Please be advised that there will be no Morning Musings today or Monday, and no regular Week In Review and A Look Ahead this weekend, as we prepare for this important visit. Our coverage will begin Tuesday from Smithers, B.C., and will continue the rest of the week. We’ll have our team stationed in two areas, allowing us to set up in a way so that BMR can continue to follow Venture and global market developments as usual while we also provide this special and exclusive insight into this geological hotspot – the Sheslay Valley.
The scale of this Cu-Au porphyry district is truly immense – below is a Google Earth view of a portion of the Sheslay Valley from the northwest looking at the very distinctive NW/SE trend. The distance between Garibaldi Resources Corp.’s (GGI, TSX-V) Grizzly West porphyry target and Doubleview’s Hat discovery is a whopping 22 km with Prosper Gold Corp.’s (PGX, TSX-V) advanced Sheslay Project in between.
Looking from the northwest toward the southeast at a portion of the Sheslay Valley district.
http://www.bullmarketrun.com/?p=21131
AIX.v News Out...Another Sheslay player cashes up ahead of a busy exploration season...hsb
Alix closes $250,000 offering, $283,250 first tranche
2014-03-31 07:14 ET - News Release
Mr. Michael England reports
ALIX RAISES $533,250, COMPLETING ONE FINANCING AND FIRST TRANCHE OF ANOTHER
Further to its news release dated Feb. 14, 2014, Alix Resources Corp. has completed the first tranche of its non-brokered non-flow-through private placement of 5,665,000 units at a price of five cents per NFT unit for gross proceeds of $283,250.
Alix also announces that, further to its news release dated March 13, 2014, the company has completed its non-brokered flow-through private placement of five million flow-through units at a price of five cents per FT unit for gross proceeds of $250,000. The $250,000 raised from the flow-through financing will be used for exploration expenditures at the company's North Cap East, North Cap West, Hackett North and Sheslay South Fork projects in the Sheslay Valley district of northwest British Columbia. An initial work program is commencing immediately.
Mike England, president and chief executive officer of Alix, stated: "Alix has made a very strategic move into this rapidly emerging Cu-Au porphyry district in the Sheslay Valley where our exploration targets also include epithermal gold deposits. The coming months are going to be very active for Alix as we currently hold the second-largest land position among junior exploration companies in this exciting district. We wish to remind investors that our newly acquired Hackett North claims are contiguous to the eastern boundary of Doubleview Capital's Hat property, where drilling is now restarting (see DBV news release March 27, 2014), after the announcement in late January of a significant discovery at the Hat."
Alix non-flow-through private placement
Each NFT unit comprises one common share and one common share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at a price of six cents per NFT warrant share until March 28, 2015.
The company issued to a finder under the NFT offering a total of 400,000 warrants to purchase up to 400,000 shares at a price of six cents per share for a period of 12 months. In addition, the company issued to the finder 400,000 finder's units in lieu of a cash commission in the amount of $20,000 that would otherwise be payable. Each finder's unit comprises one share of the company and one warrant. Each finder's warrant shall entitle the holder thereof to purchase one share of the company at a price of six cents per finder's warrant share for a period of one year.
Alix flow-through private placement
Each FT unit comprises one share and one warrant of the company. Each warrant will entitle the holder to purchase one share at a price of 7.5 cents per FT warrant share until Sept. 28, 2015.
The company issued to a finder under the FT offering a total of 340,000 warrants to purchase up to 340,000 shares at a price of 7.5 cents per share for a period of 18 months. In addition, the company paid a cash commission to the finder in the amount of $17,000.
Private placement hold periods
All securities issued pursuant to the NFT offering and FT offering are subject to a hold period expiring July 29, 2014.
© 2014 Canjex Publishing Ltd. All rights reserved.
DBV.v News Out...Doubleview Capital Corp. Announces Commencing 2014 Exploration Drilling Program and Acceleration of Expiry Dates of 2012 Private Placement Warrants
V.DBV | 10 hours ago
(via Thenewswire.ca)
Vancouver, B.C. / TNW-ACCESSWIRE / March 27, 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces that its Diamond Drilling program will commence on March 30, 2014 at the Hat Property, located 95 km southwest of Dease Lake in the Sheslay Camp of the Stikine Mining District of northwestern B. C.
The exploration camp on the Hat Property is near completion and necessary material and fuel have been placed on the property. The drilling equipment has now moved to Golden Bear Mine Road staging location to be placed on the first drill target. It is anticipated that diamond drilling will commence on March 30, 2014.
Doubleview holds an option to acquire a 100% in the Hat Property, subject to a 2% net smelter return royalty. The Hat Property is an early-stage exploration property that is believed to host an alkalic copper-gold porphyry deposit. Such deposits customarily comprise irregular zones of disseminated mineralization within alteration haloes close to magnetite, potassium and/or sodium-rich, low silica, intrusions. In addition to historic work by a major exploration company, Doubleview and the property vendors have completed geological, geochemical and geophysical surveys and have developed the exploration model that is being pursued.
Erik A. Ostensoe, P. Geo, a consulting geologist and Doubleview's Qualified Person within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects with respect to the Hat Property, 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 Property.
Acceleration of Warrant Expiry Date
Doubleview also announces that it has elected to accelerate the expiry date of the warrants (the "Warrants") issued on December 31, 2012 in connection with its flow-through and non-flow-through private placement unit offerings (the "2012 Private Placement").
Pursuant to the terms of the 2012 Private Placement, if the volume weighted average trading price of Doubleview's shares on the TSXV is above $0.20 per share for five (5) consecutive trading days, Doubleview is entitled to accelerate the expiry date of the Warrants to a date thirty (30) calendar days from the date notice of such acceleration is provided to holders of Warrants. Doubleview has elected to provide notice of such acceleration to the holders of Warrants.
This news release constitutes notice to Warrant holders of the new expiry time. Any Warrants remaining unexercised after the new expiry time will be cancelled.
Effective today, the Warrants issued to the purchasers pursuant to the 2012 Private Placement are set to expire at 5:00 p.m. (Vancouver time) on April 26, 2014.
Although it is unknown how many Warrants will be exercised, if all of the Warrants are exercised, Doubleview will receive additional proceeds of $554,450 and a total of 3,813,000 additional common shares of Doubleview will be issued. If all finders' warrants issued in connection with the 2012 Private Placement are exercised, Doubleview will receive additional proceeds of $40,300 and a total of 403,000 additional common shares of Doubleview will be issued.
How to Exercise Warrants
Warrant holders who wish to exercise their Warrants should instruct their investment advisor and be prepared to provide payment to their advisor firm equal to the exercise price for each warrant exercised. Investors should consult with their investment advisor to confirm the time required to complete this process and other costs associated with the exercise, if any.
Warrant holders who hold a physical certificate wishing to exercise Warrants need to provide Doubleview with a certified cheque, bank draft or money order payable to Doubleview Capital Corp., together with the Warrant certificate with the exercise appended to the certificate duly completed.
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
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Forward-looking Information
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 results of Doubleview's 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) 2014 TheNewswire - All rights reserved.
TheNewsWire
March 27, 2014 - 9:28 AM EDT
Tags: INDUSTRIAL METALS & MINERALS
DBV.v Doubleview Capital Corp. Announces Drilling contract and Drill Mobilization
V.DBV | 1 hour ago
(via Thenewswire.ca)
Vancouver, B.C. / TNW-ACCVESSWIRE / March 18, 2014. / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces that Tahltan Drilling Services Ltd. ("Tahltan") has been awarded the contract for the 2014 diamond drilling programs on Doubleview's Hat Property, located 95 km southwest of Dease Lake in the Sheslay Camp of the Stikine Mining District of northwestern B. C. Tahltan, based in Telegraph Creek, B. C., provided similar services to Doubleview in the 2013 season in which 2581 metres were drilled in 11 drill holes.
The 2014 work is part of a multi-year permitted program and is expected to initially comprise between ten and twenty drill holes on primary targets. Work will be directed to further definition of the Anomaly B area where previously announced alkalic copper-gold porphyry-type mineralization was discovered in 2013, and to Anomaly C, located 2.4 km west, where similar copper-gold mineralization is present in outcrops and a rock sample returned 0.42 % Cu and 0.42 g/t Gold. The area is coincident with the highest chargeability readings obtained in Doubleview's 2013 induced polarization geophysical survey. A conceptual 3D drilling and Induced Polarization geophysical survey model that is posted on the front page of the company's website at www.doubleview.ca demonstrates the drill holes and anomalies on the Hat Property.
Doubleview and Tahltan currently are mobilizing field crews, a complete drilling outfit, camp materials and fuels to the Hat Property.
Doubleview holds an option to acquire a 100% in the Hat Property, subject to a 2% net smelter return royalty. The Hat Property is an early-stage exploration property that is believed to host an alkalic copper-gold porphyry deposit. Such deposits customarily comprise irregular zones of disseminated mineralization within alteration haloes close to magnetite, potassium and/or sodium-rich, low silica, intrusions. In addition to historic work by a major exploration company, Doubleview and the property vendors have completed geological, geochemical and geophysical surveys and have developed the exploration model that is being pursued.
Erik A. Ostensoe, P. Geo, a consulting geologist and Doubleview's Qualified Person within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects with respect to the Hat Property, 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 Property.
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
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Forward-looking Information
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 results of Doubleview's 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) 2014 TheNewswire - All rights reserved.
TheNewsWire
March 18, 2014 - 9:00 AM EDT
Tags: INDUSTRIAL METALS & MINERALS
DBV.v Doubleview Capital Corp. Announces Exercise of Warrants for Proceeds of $212,794 and Implementation of Drill Program
V.DBV | 4 hours ago
(via Thenewswire.ca)
Vancouver, B.C. / TNW-ACCESSWIRE / March 11, 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces that 2,065,440 previously issued share purchase warrants (the "Warrants") were exercised for gross proceeds of $212,794. Of the Warrants exercised, 1,940,440 Warrants were exercised at a price of $0.10 per share by Farshad Shirvani, Doubleview's Chief Executive Officer and a director, and 125,000 Warrants were exercised at a price of $0.15 per share. The Warrants were issued in non-brokered private placement financings in December 2012 and May 2013.
Following the exercise of the Warrants, a total of 6,902,106 share purchase warrants for gross proceeds of $869,294 have been exercised since the beginning of February 2014.
Implementation of Drill Program
Doubleview is pleased to announce that it is currently assembling its field crew and materials that will be moved to the Hat Property immediately. They will prepare the camp and drill sites in anticipation of the resumption of diamond drilling as soon as weather conditions permit. The Company is finalizing arrangements with various contractors that will be supporting the 2014 program and will be awarding contracts when the selection process is completed.
Doubleview's plans for the 2014 season include further definition of the Anomaly B "Discovery" zone of copper-gold alkalic porphyry-type mineralization that was disclosed in mid-January. The program will drill test several of the identified geophysical and geochemical anomalies that have characteristics similar to those exhibited by the Discovery zone. It is anticipated that the 2014 program will include 10 or more drill holes with total length in excess of 6000 metres.
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 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.
Forward-looking Information
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 results of Doubleview's drill 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.
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
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
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) 2014 TheNewswire - All rights reserved.
TheNewsWire
March 11, 2014 - 9:00 AM EDT
Tags: INDUSTRIAL METALS & MINERALS
DBV.v ...Doubleview Capital Corp. Announces Exercise of Warrants for Proceeds of $530,500
V.DBV | 53 minutes ago
(via Thenewswire.ca)
February 18, 2014. Vancouver, B.C. Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces that 3,996,666 previously issued share purchase warrants (the "Warrants") were exercised for gross proceeds of $530,500. Of the Warrants exercised, 2,616,666 Warrants were exercised at a price of $0.15 per share and 1,380,000 Warrants were exercised at a price of $0.10 per share. The Warrants were issued in non-brokered private placement financings in December 2012, May 2013 and October 2013.
Following the exercise of the Warrants, Doubleview continues to have a total of 16,226,885 share purchase warrants outstanding that were previously issued under private placement financings in December 2012, May 2013, September 2013 and October 2013.
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.
Forward-looking Information
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 results of Doubleview's 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.
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
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
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) 2014 TheNewswire - All rights reserved.
TheNewsWire
February 18, 2014 - 9:00 AM EST
Tags: INDUSTRIAL METALS & MINERALS
BMR giving some well deserved attention to DBV
BMR Special Report - Doubleview Capital Corp. (DBV, TSX-V)
8:00 pm Pacific
When the President and CEO of a junior exploration company mortgages his home and overcomes one obstacle after another in order to drill a property during very challenging market conditions, one can’t help but respect that display of courage. The real “magical” part, of course, comes when that drilling actually produces a legitimate early-stage discovery. Such is the compelling story of Doubleview Capital Corp. (DBV, TSX-V) and its leader, Farshad Shirvani, who now has momentum and a growing list of believers on his side. This is Part 1 of a special BMR series on Doubleview that will cover everything from the fascinating history of the Hat Property to the high-stakes late 2013 gamble that paid off big time, accelerating northwest British Columbia’s Sheslay Valley play into one of the hottest discovery plays in Canada.
Hollywood couldn’t have written a better script. In December, Doubleview was a company on “life support” in the eyes of the market. The money that Shirvani had struggled so hard to raise in the fall, including personal funds he scraped together after re-mortgaging his West Vancouver home, had just been exhausted on a five-hole drill program that many critics said never should have been carried out due to poor market conditions. Then came a “game changer” – breakthrough results January 20 from this second phase of drilling that followed a promising trail of Cu-Au porphyry mineralization discovered in first-ever drilling at the property several months earlier. The news sparked a staking rush and new players have arrived on the scene.
Perhaps the market should have seen this “surprise” coming. The Hat Property features some impressive historical data and it’s located in an under-exploited but now rapidly emerging prolific area of B.C. where, logically, one would expect to find one or more world class deposits. And the way this is beginning to play out, with drill holes that keep getting better, there’s every reason to believe the best is yet to come – especially when the company President and CEO is demonstrating such focus, boldness, determination and faith in his project.
“We’re very fortunate to be in the right place at the right time,” Shirvani told BMR in an exclusive interview over the weekend. “We’re in such a prospective geological environment in the Sheslay Valley. Some say it’s ‘pregnant’ – that’s certainly one way of describing it in layman’s terms. The entire district has been under-explored up until this point though the work that has been done shows it bears all the signatures of world class deposits elsewhere in the region. The possibilities are endless with hard work and of course some good luck. We have strong neighbors who are also preparing to drill very promising properties, so the potential for multiple discoveries over a broad area definitely exists. It’s reasonable to postulate that there are clusters of deposits in this district that fit a particular model.”
In this business, showing progression is critical – and that’s one key reason why the market has taken such a liking to recent developments at the Hat. Doubleview’s last hole (H-11) was its best yet – and H-11 was in strong Copper-Gold mineralization when drill crews ran out of time in their fight against the weather. They had to flee the scene as a major cold wave descended upon the area in late November. “We didn’t have the time or even the money to set up a fully winterized camp,” explained Shirvani. “We pushed as hard as we could, we went right to the wall with the resources we had and given the extreme weather conditions that quickly emerged in November. Of course the crew desperately wanted to continue the last hole based on what they were seeing in the core, but we couldn’t put lives in jeopardy. I’m so proud of the dedication and skill our people showed, drilling five holes and giving us a discovery that we’re so eager to follow up on as quickly as possible.”
Volume Potential, Increasing Grades At Depth
The market is clearly seeing the potential for the discovery of a deposit at the Hat. Just at Anomaly “B”, the horizontal extent from mineral zones in holes H-6 and H-8 is nearly a kilometre. Hole H-8 returned 287 m of 0.30 CuEq while hole H-11 intersected 313 m of 0.32 CuEq. The end of the last hole was getting particularly interesting just as crews were forced to shut down due to the weather – a 52-m section between 258 m and 310 m returned 0.42% Cu, 0.34 g/t Au, and 1.56 g/t Ag for a CuEq grade of 0.62%.
“Speculatively,” as DBV’s Jan. 20 news release stated, “if the newly discovered mineral zone is, as appears likely, continuous with the historic Hoey Copper-Gold zone that lies two kilometres south of the drill hole H-8 and has closely similar geologic and mineralogic characteristics, the horizontal extent may be in excess of three kilometres.”
Doubleview has no shortage of potential targets as you can see on the map below. Importantly, strong geophysical responses are coincident with areas of anomalous to strongly anomalous copper-in-soils throughout a wide portion of the property. Only further drilling, however, will explain the IP response, surface geochem and known geology and at the end determine the size and grade of any deposit. These are still “early days” and DBV is still trying to find the core of this system, the “heat engine” of the Hat.
Plenty of room for expansion here. Target "C" has the highest chargeability readings recorded on the property.
The 47 year-old Shirvani, who earned a Masters degree in hydrogeology in his native Iran, has specialized in modeling deposits since coming to Canada in the mid-1990's. With 11 holes now drilled at the Hat, combined with a plethora of geophysical and geochemical data, he believes he has a much better understanding of the shape of a potential deposit at this property which will help immensely going forward. At his side is highly respected geologist Erik Ostensoe. It was Ostensoe and Tom Lisle., P.Eng., who finally decided to option the Hat to Doubleview in the summer of 2011 after several years of “hard chasing” by Shirvani.
Geologist Erik Ostensoe (left) on the Hat Property last summer (Phase 1 program) with DBV President and CEO Farshad Shirvani.
“I had never seen so many dots on a page with 300+ ppm Copper – that’s how the Hat got my attention,” Shirvani told us, reiterating the significance of extensive geochemical data collected at this property since prospecting began there about four decades ago.
Now the Hat and the entire Sheslay Valley area have got the attention of the markets, and how this all unfolds over the coming weeks and months is going to be fascinating as at least three companies could be running simultaneous drill programs.
Given the boldness Shirvani has displayed so far, and his ability to make things happen, our take is that he should not be underestimated in terms of his next moves including how quickly drilling operations may resume at the Hat to follow up on the highly encouraging last set of results. Money is starting to flow into Doubleview through the exercise of warrants, thanks to loyal shareholders and a substantial lift in the stock price. Investors may not have to wait too long, therefore, before learning the mysteries of H-11 below 260 m vertical depth where drilling abruptly ended, thanks to a blast of Arctic air, with the hole in strong Copper-Gold mineralization.
Later this week…Part 2.
Note: The writer holds a share position in DBV.
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Read more at http://www.stockhouse.com/companies/bullboard/v.dbv/doubleview-capital-corp#UR7CBtuaGSRpjTkv.99
Doubleview Capital (V.DBV) bumps 17% on warrants and update, up 350% in 2014
Gaalen Engen, Stockhouse.com
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Doubleview Capital (TSX-V:DBV, StockForum), a Vancouver-based firm engaged in the exploration and development of North American mineral properties, announced today that the company's recently issued share purchase warrants were exercised at $0.15 per share for gross proceeds of $126,000.
According to the news release, “The Warrants were issued in May 2013 as part of a non-brokered private placement financing and were set to expire on May 31, 2015.”
After the transaction, Doubleview will still have 20,233,511 share purchase warrants outstanding. Said warrants were issued as part of private placement offerings dated December 2012, May 2013, September 2013 and October 2013.
Doubleview director and CEO, Farshad Shirvani, commented, “This warrant exercise shows the continued support of our shareholders in Doubleview.”
The company also gave an update on its Hat Project, stating that the 2013 IP surveying and diamond drilling programs in the Anomaly B area showed what just might be a classic copper-gold alkalic porphyry mineral zone. The zone itself possessed both lateral and vertical continuity and wasn't limited in any direction.
With these promising results, Doubleview intends to further explore the recently uncovered 'Anomaly B' mineral zone all the way to Anomaly C located approximately 2.5 km west of drill hole HAT-08. Other areas targeted by the prospecting and technical surveys will also be explored further.
The news release also stated that Doubleview possesses an option to acquire 100% interest in the Hat Project, subject to a 2% net smelter return royalty.
Doubleview was in the news recently when the company announced drill results in late January.
Shares gained 17.3% on the news and ran to $0.27 per share, completing a 350% price rise since January 1..
Currently there are 28.5m outstanding shares with a market cap of $7.1 million.
Tags: INDUSTRIAL METALS & MINERALS
Read more at http://www.stockhouse.com/news/natural-resources/2014/02/05/doubleview-capital-v-dbv-bumps-17-on-warrants-and-update-up-350-2014#c6GcydD86e56eXpc.99
DBV.v News Out...hsb
DOUBLEVIEW CAPITAL CORP. ANNOUNCES EXERCISE OF 840,000 WARRANTS FOR PROCEEDS OF $126,000 AND HAT PROJECT UPDATE
Doubleview Capital Corp
Symbol C : DBV
Shares Issued 28,547,593
Close 2014-02-04 C$ 0.23
Recent Sedar Documents
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Doubleview receives $126,000 from warrant exercise
2014-02-05 09:10 ET - News Release
Mr. Farshad Shirvani reports.
DOUBLEVIEW CAPITAL CORP. ANNOUNCES EXERCISE OF 840,000 WARRANTS FOR PROCEEDS OF $126,000 AND HAT PROJECT UPDATE
Doubleview Capital Corp.'s 840,000 previously issued share purchase warrants were exercised at a price of 15 cents per share for gross proceeds of $126,000. The warrants were issued in May, 2013, as part of a non-brokered private placement financing and were set to expire on May 31, 2015.
Following the exercise of the warrants, Doubleview continues to have a total of 20,223,551 share purchase warrants outstanding that were previously issued as part of private placement financings in December, 2012, May, 2013, September, 2013, and October, 2013.
"This warrant exercise shows the continued support of our shareholders in Doubleview," notes Farshad Shirvani, chief executive officer and director of Doubleview.
Hat project update
As reported in a news release dated Jan. 20, 2014, the 2013 programs of induced polarization surveying and diamond drilling in the anomaly B area resulted in discovery of what may prove to be a classic copper-gold alkalic porphyry mineral zone. The zone was shown to have lateral and vertical continuity, and has not been limited in any direction. The company's management and consultants have now determined the next phase work program on the Hat project. Further exploration will be directed to the newly discovered anomaly B mineral zone to anomaly C about 2.5 kilometres west of drill hole HAT-08, and to other similar targeted areas identified by prospecting and technical surveys.
The initial phase of drilling in 2014 will include several drill holes in the anomaly B area to further develop the highly regarded zone of copper-gold mineralization. Also several holes will be directed to anomaly C where copper-gold mineralization was found in outcrops coincident with the highest chargeability readings obtained in the company's 2013 induced polarization geophysical survey.
Doubleview holds an option to acquire a 100-per-cent interest in the Hat project, subject to a 2-per-cent net smelter return royalty.
Disclosure
Erik A. Ostensoe, PGeo, a consulting geologist and Doubleview's qualified person within the meaning of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects with respect to the Hat project, 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.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd. All rights reserved
Sheslay Valley Cu-Au Porphyry Play Heats Up More
Significant news this morning from Ashburton Ventures Inc. (ABR, TSX-V) which adds further support to the theory that Doubleview Capital Corp’s (DBV, TSX-V) recently announced discovery at its Hat Property may extend for a considerable distance to the east and southeast…
Besides staking additional claims, Ashburton has reported that a “large gossanous zone” has been observed, through recent flyovers, along the western edge of its Hackett Property contiguous to Doubleview’s Hat Property and within just 1,000 meters of DBV’s discovery holes…DBV’s discovery, as we showed in an updated map last week, is within a parallel trend dipping southeast that begins at least nine km to the northwest at Prosper Gold Corp’s (PGX, TSX-V) advanced Star target…several of these parallel trends appear to exist throughout the Sheslay district, extending all the way through Garibaldi Resources Corp.’s (GGI, TSX-V) massive Grizzly Property south to Teck Resources Ltd.’s (TCK, TSX) Eagle Project…
The existence of a large gossan on the western edge of the Hackett is interesting indeed, and this is also very close to the historical “Hoey” showing that appears to be on Doubleview’s ground…besides “Anomaly B”, where DBV has made its discovery, four other areas with similarly strong geophysical and geochemical characteristics, including two areas with Copper mineralization and Gold values in surface outcrops, have not been tested by drilling at the Hat…as DBV stated in its Jan. 20 news release, “The horizontal distance from mineral zones in drill hole H-6 to drill hole H-8 is almost one kilometre. Speculatively, if the newly discovered mineral zone is, as appears likely, continuous with the historic Hoey Copper-Gold zone that lies two kilometres south of the drill hole H-8 and has closely similar geologic and mineralogic characteristics, the horizontal extent may be in excess of three kilometres.” Given what Ashburton is now reporting, it’s quite conceivable that any deposit at the Hat could extend onto ABR’s Hackett Property with continued potential going east and southeast…Garibaldi‘s acquisition of the Hat East and Hat East 2 claims to add to the Grizzly (plus the staking of Grizzly strike extension claims) represents a growing understanding of this whole system…
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Doubleview Gold Corp. is a Canadian resource exploration and development company located in Vancouver British Columbia. Doubleview is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTC: DBLVF], [GER: A1W038]. Doubleview identifies, acquires, and finances quality base metal exploration mining projects in North America and more specifically British Columbia, Canada. Doubleview increases shareholder value through strategic and quality Gold, Copper, and Silver projects acquisitions, and through the state of the art exploration methods in the industry.
Doubleview endeavours to increase the odds of exploration success and to mitigate investment risk through diversification. Doubleview’s announcement of the Gold Rich Porphyry Copper Discovery on its Hat project in Northwestern British Columbia sparked interest in the Company and this part of the famous Golden Triangle. Doubleview continues aggressive exploration on its Hat Project and plans to advance its other projects in 2020.
Doubleview's Website: https://www.doubleview.ca/
A common comparison to this mining company is Red Chis, which sold for a $1.1 billion evaluation. Based on their most recent filings, the fully diluted share structure of Doubleview is 185 million shares, representing a significant and potentially life-changing opportunity for investors.
August 5th, 2021: Hole 36 announcement: Scandium found: https://www.doubleview.ca/doubleview-drills-907-8-meter-polymetallic-intersect-at-lisle-depositandannounces-ozone-discovery-with-760-4-meter-intersect-1-5-km-from-the-lisle-zone/
August 7th, 2021: Doubleview Gold Corp. interview with Farshad. Topics discussed include scandium, share price, and short sellers. https://www.youtube.com/watch?v=u7ZKWbomnKc
August 11th, 2021: Doubleview Gold Corp. announces plan for additional drilling to occur in late summer/early fall 2021: https://www.doubleview.ca/doubleview-resumes-exploration-program-for-drilling-program/
August 11th, 2021: Doubleview Gold Crop. announces it has awarded 2 million in options to executives and consultants: https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00029564&issuerType=03&projectNo=03260393&docId=5020387
August 25th, 2021: Doubleview Gold Corp. interview with Farshad. Topics discussed include stock shorting, scandium, and future plans: https://www.youtube.com/watch?v=nL1-UWZGwi4
September 10th, 2021: Doubleview Gold Corp. interview with Farshad. Topics discussed include stock being shorted, and strategic metals: https://www.youtube.com/watch?v=GVntH2oxF-E
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