Gold Copper Porphyry Discovery Success Story
Doubleview Capital Corp.
TSX.V: DBV / OTC: DBLVF / FRA: 1D4
Gold Copper Porphyry Discovery
Success Story
409 Granville St. Suite #880
Vancouver, BC, V6C 1T2
T: 604.678.9587
F: 778.379.1737
W: doubleview.ca
20/January/2020
Doubleview Announces New Discovery at Hat Gold Copper Porphyry Located at
South Extension of the Lisle Deposit
Doubleview Capital Corp. (“Doubleview”) (“the Company”) (TSX -V: DBV, OTC: DBLVF,
FRANKFURT: 1D4) announces discovery of new mineralized zone located south of the Lisle Deposit and
completion of its 2019 drilling program at its Hat Gold-Copper Porphyry deposit.
Doubleview in late 2019 deepened one hole (H-026) at the Lisle Deposit and, as detailed in Table 1, drilled
four holes (H-031 – H-034) that were directed to a large zone of high chargeability/high magnetic
susceptibility located southwest of the Lisle that was identified in 2018 by 3D induced polarization, resistivity
and magnetic geophysical surveys. Sulphide mineralization was intersected in all drill holes and included
an intercept of near-massive chalcopyrite and magnetite that may represent an important new mineral zone
or an extension of the Lisle Deposit. Several other robust exploration targets were identified by the
geophysical survey and remain to be evaluated by drilling. The camp was winterized and closed on
December 17. All drill core samples have been delivered to an independent analytical lab where they are
being analysed for gold, silver, copper, cobalt and other elements. Analytical data, when received, will be
reported.
DH # North East Direction Inclination From (m) To (m) Total Depth (m)
H026 348026 6454365 160 -60 (Extended) 562.7 953.0 953.0
H031 347692 6453908 110 -80 0 741.0 741.0
H032 347692 6453908 190 -85 0 111.0 111.0
H033 347870 6453938 110 -80 0 289.45 289.45
H034 347870 6453938 200 -70 0 701.25 701.25
Table 1: 2019 Drill Holes
Table 2 includes selected data from previous (2013 – 2016) drilling that discovered and partially outlined
the Lisle Deposit. It is too early to determine the relationship of the newly discovered mineralization to the
Lisle Deposit.
DDH From
(m)
To
(m)
Co
(ppm)
Au
(g/t)
Cu
(%)
Ag
(g/t)
Length
(m)
Cu
Eq(%)
Au
Eq(g/t)
H022 45.5 463.8 88 0.25 0.25 0.40 418.3 0.52 0.61
H022 Incl. 304.9 415.0 138 0.42 0.57 0.80 110.1 1.02 1.21
H023 56.7 513.0 85 0.20 0.24 0.50 456.3 0.47 0.56
H023 Incl. 67.9 400.3 97 0.25 0.29 0.55 332.4 0.57 0.68
Doubleview Capital Corp.
TSX.V: DBV / OTC: DBLVF / FRA: 1D4
Gold Copper Porphyry Discovery
Success Story
409 Granville St. Suite #880
Vancouver, BC, V6C 1T2
T: 604.678.9587
F: 778.379.1737
W: doubleview.ca
H023 Incl. 190.6 225.5 142 0.68 0.38 0.49 34.9 1.05 1.24
H023 Incl. 270.6 350.7 113 0.44 0.59 0.41 80.1 1.03 1.22
Table 2: Selected Lisle Deposit Drill Holes (from 2013 to 2016)
Cu Eq(%) and Au Eq(g/t): Are calculated based on Cu @$2.60/lb, Au @$1503/oz, Ag @$17.5/oz, Co @$17/lb
Drill hole H034 drilled in late 2019 exploration season has intersected mineralization from close to surface
and includes several high grade sulphide, including chalcopyrite and magnetite intercepts. Visual inspection
of drill core demonstrated that the intensity of mineralization increases with depth. The accompanying photo
illustrates a massive chalcopyrite/magnetite intercept from drill hole H034.
Mr. Farshad Shirvani, President and CEO, states that “The newly discovered zone of massive chalcopyrite
mineralization in hole H034 may be a very significant addition to our Hat Deposit exploration model . It
tested only a very small part of a large geophysically anomalous zone that will be further explored by drilling
when work resumes early in 2020. Other areas with similar geophysical signatures located north, northwest
and west of the Lisle Deposit will also be drilled”.
And notes that “
(a) the new discovery exhibits the same porphyry mineralization style as the Lisle Deposit
(b) previous Lisle Deposit analyses showed a Gold to Copper ratio of approximately 1 gram gold
per 1% copper
(c) there is an apparent increase in mineralization intensity with depth
(d) the Lisle Deposit is open for expansion in all directions
(e) H034 collar is located 450m south of H023.”
Doubleview Capital Corp.
TSX.V: DBV / OTC: DBLVF / FRA: 1D4
Gold Copper Porphyry Discovery
Success Story
409 Granville St. Suite #880
Vancouver, BC, V6C 1T2
T: 604.678.9587
F: 778.379.1737
W: doubleview.ca
Doubleview has granted 1,100,000 stock options to officers, directors, consultants and employees . The
options were granted for a period of 5 years, expiring on January 20, 2025, and each stock option will allow
the holder to purchase one common share of Doubleview at an exercise price of $0.10.
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],
[OTCBB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious
and base metal exploration projects in North America, particularly in British Columbia. Doubleview
increases shareholder value through acquisition and exploration of quality gold, copper and silver properties
and the application of advanced state-of-the–art exploration methods. The Company’s portfolio of strategic
properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Capital Corp.
409 Granville St., Suite #880
Vancouver, BC V6C 1T2
Farshad Shirvani, President & CEO
T: (604) 678-9587
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 e xpectations. 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 exploration program on the Mount Milligan North Property, Doubleview’s
limited operating history and the need to comply wit h environmental and governmental regulations.
Accordingly, actual and future events, conditions and results may differ materially form 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.