Exploring Large-scale Gold-Copper Porphyry Project in British Columbia
Doubleview Capital Corp. (TSXV:DBV, OT:DBLVF, GER:A1W038 / 1D4) is creating shareholder value by building a portfolio of high-quality gold, copper and silver exploration projects in top-rated mining jurisdictions. The company’s flagship project is the Hat Gold-Copper Porphyry Property which has the potential for a large-scale gold-copper porphyry deposit in northwest British Columbia’s Sheslay District. The region is endowed with a significant number of base metal deposits including the Red Chris copper-gold mine, the KSM copper-gold-silver-molybdenum deposit, Galore Creek copper deposits, and the Copper Fox copper-molybdenum deposit.
“The Hat is one of British Columbia’s most promising early-stage porphyry projects with tremendous exploration upside given our evolving and robust geological, geochemical and geophysical model,” said Farshad Shirvani, Doubleview President and CEO. “Hat has the potential to be the largest gold-copper porphyry deposit in the province, if not in Canada. The deposit has the largest footprint of all that I have come across in British Columbia. Strong mineralization is present all around the property and our grades are better than the average for this region.”
The company in completion of a total of $1.7 million to finance its latest exploration program at Hat. “Our strategy is to aggressively move the project forward by putting 90 percent of our money in the ground to grow shareholder value,” said Shirvani. The goal of the 2016-2017 program is to broaden the dimensions of the recently discovered Lisle Zone and significantly increase understanding of the property’s robust gold-rich copper porphyry system. The first assay results from this program are expected out before the end of 2016.
The company also holds two additional early-stage exploration projects in British Columbia that offer significant opportunities for future discoveries. The Red Spring copper-silver-gold property hosts near-surface mineralization with a historic resource. The Mt. Milligan North property is located approximately 5 kilometers from Centerra Gold’s (TSX:CG) producing Mt. Milligan copper-gold mine.
Holding projects well-situated in terms of geological terrain and mining-friendly jurisdictions does offer Doubleview a clear advantage over others in this space; however, the company’s true competitive edge lies in its highly talented management and technical teams. Doubleview’s CEO Farshad Shirvani is a seasoned geologist with experience in acquisition, exploration and development. Erik Ostensoe P.Geo, the company’s principal geological consultant, has decades of experience with exploration projects in British Columbia’s mineral rich areas including the Valley of Kings and KSM areas, the Schaft Creek copper-molybdenum deposit of Copper Fox and Teck, and the Chu molybdenum deposit.
- Located in highly-ranked mining jurisdiction of B.C., Canada.
- Geographic region offers opportunity for year-round drilling.
- Hat Project assay results from 2013-2015 drill campaigns show better than average grades in B.C.
- Potential to be the largest gold-copper porphyry deposit in the province with sulphide footprint of more than 11 square kilometers.
- Aggressive exploration program underway at Hat Project. • Potential for other discoveries at Red Spring and Mt. Milligan North properties.
- Tight share-structure; management collectively holds about 40 percent with CEO Shirvani the largest shareholder.
- Knowledgeable, highly accomplished management and technical teams.