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Doubleview Capital's drill assays from the Hat project are eagerly awaited

Proactive's mining analyst, Dr Ryan Long, catches up with the CEO of Doubleview Capital, Farshad Shirvani, to take a look at the latest developments at the company’s Hat project, where results from the latest assay are keenly awaited

Doubleview Capital - Doubleview Capital – Assay’s from the latest drill programme at the Hat Copper-Gold Porphyry Project are eagerly awaited

Doubleview Capital Corp (CVE:DBV)(OTC:DBLVF) has announced the completion of drilling at its Hat copper-gold porphyry project.

Farshad Shirvani, the chief executive officer and president of the company, has more than 22 years’ experience in mineral exploration and has served on the board of Barkerville Gold Mines and Lionsgate Energy. He is also currently CEO and president of Casa Minerals and president of Terracad Geoscience Services.

Doubleview’s 100%-owned Hat project is located in the Sheslay Valley, in northwest British Columbia, Canada (see figure 1).

Figure 1: Location of the HAT Copper-Gold Porphyry Project

Source: Doubleview Capital

In May 2019, the results of a high-resolution deep 3D induced polarisation geophysics (IP) survey at the Hat project was announced. The survey identified two 1.2km-long vertical high-chargeability anomalies associated with other shallow IP anomalies, suggesting the eastern deep anomaly appears to be part of the previously discovered Lisle Zone (Figure 2).

Figure 2: IP targets at the HAT copper-gold porphyry project

Source: Doubleview Capital

Doubleview had previously drill tested the shallow IP anomalies in the northern part of the Lisle Zone with results including 418 metres at a grade of 0.48% copper equivalent from 45.5m (H022), 456m at a grade of 0.44% copper equivalent from 56.72m (H023) (Figure 3), 514.41m at a grade of 0.28% copper equivalent from 7.62m (H026) and 302.5m at a grade of 0.24% copper equivalent from 124.9m (H028) (Figure 4).

Figure 3: Previous drilling at the Hat project

Source: Doubleview Capital

Figure 4: Extension drilling at Hat 

Source: Doubleview Capital

Following the results of the 3D IP survey, Doubleview has now deepened one of its previous holes by another 300m, H026, which was originally drilled to a depth of 568.5m.

The company has also drilled four new holes (H031 – H034) to test the 1.2km long high-chargeability anomaly in the southern portion of the Lisle Zone and other high-chargeability anomalies.

The completion of this programme was announced on 20 January, with Doubleview stating that mineralisation was visually identified in all drill holes and that drill hole H034 intersected mineralisation from close to surface with what appears to be several zones of high-grade sulphide, including chalcopyrite and magnetite intercepts (Figure 5). The company also states that the intensity of mineralisation appears to increase with depth.

Figure 5: Mineralisation in drill hole H034

Source: Doubleview Capital

Importantly, the assay results are still pending and until the assay results are published its not possible to judge the significance of the drilling, so all eyes will be on the assays when the company reports them.

Quick facts: Doubleview Capital

Price: 0.095 CAD

TSX-V:DBV
Market: TSX-V
Market Cap: $10.91 m
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