Doubleview verifies Soil and Rock Gold, Copper and Cobalt Anomalies at the Hat Gold Copper Project

VANCOUVER, British Columbia, Oct. 19, 2017 (GLOBE NEWSWIRE) — Doubleview Capital Corp. (“Doubleview”) (TSX-V:DBV) (OTC:DBLVF) is pleased to announce the compilation and verification of recent and historic soil samples from Doubleview’s 100% owned Hat Gold-Copper Project, particularly West Gossan and Hoey Gold prospects, located in the Sheslay Valley area of northwestern British Columbia. West Gossan and Hoey high gold and copper rock and soil anomalies are located 1.4 km southwest and 1 km south, respectively, of the Lisle copper-gold rich porphyry deposit. Anomalies extend over an area of 550 by 850 meters at the Hoey gold area and 1,400 by 700 meters at the West Gossan area. Also at the Hoey gold area, some rock samples reported results as high as 8.11 g/t gold, 7% copper and 0.5% cobalt. The West Gossan soil anomaly returned one gold sample of 55.2 g/t with 0.2% copper.

Historic data assay certificates were examined and reports are publicly available from the British Columbia Ministry of Energy and Mines, ARIS report files.

A total 987 soil and 181 rock samples of the West Gossan and Hoey Gold are plotted.

The following tables demonstrate selected samples of West Gossan/Gossan Creek and Hoey Gold areas.

Selected Hoey Gold Prospect Rock and Soil Samples
		Sample					Type					Au (gr/t)					Au (ppb)					Cu (%)					Cu (ppm)					Co (ppm)					Year
		HY-4871					CHIP					2					2,020					2.2					22,041					149					1995
		HY-4872					CHIP					7.1					7,130					0.44					4,380					74					1995
		HY-4874					CHIP					4.4					4,360					0.41					4,089					79					1995
		HY-4875					CHIP					2.4					2,370					0.8					8,036					109					1995
		HY-4876					CHIP					2.1					2,050					0.55					5,529					170					1995
		HY-4877					CHIP					4.3					4,340					0.77					7,688					151					1995
		HY-4878					CHIP					3.6					3,580					0.36					3,638					391					1995
		HY-4879					CHIP					8.1					8,110					0.36					3,559					55					1995
		HY-4880					CHIP					3					3,030					0.34					3,409					410					1995
		HY-4881					CHIP					2.8					2,830					1.05					10,490					147					1995
		HY-4887					CHIP					1.3					1,270					3.97					39,676					435					1995
		HY-4889					CHIP					2.2					2,190					0.63					6,265					284					1995
		HY-4891					CHIP					3					3,020					0.69					6,910					607					1995
		HY-4893					CHIP					–					28					2.35					23,530					524					1995
		HY-9001					Rock					2.7					2,706					0.06					641					–					1991
		HY-9002					Rock					2.2					2,239					7.05					70,500					–					1991
		HY-A-25					Rock					5.1					5,100					0.33					3,257					5355					1985
		HY-A-9					Rock					2.3					2,300					1.15					11,546					33					1985
		HY-HR-10					Rock					1.2					1,180					4.83					48,324					278					1986
		HY-HR-11					Rock					2					1,960					1.23					12,281					68					1986
		HY-HR-12					Rock					0.1					85					1.7					16,981					171					1986
		HY-HR-14					Rock					0.3					315					1.03					10,328					43					1986
		HY-HR-3					Rock					5.6					5,568					0.4					3,959					49					1986
		HY-25+00E-22+00N					Soil					4					4,000					0.06					587					–					1988
		HY-27+25E-20+00N					Soil					0.8					790					0.06					501					–					1988
		HY-9007					Rock					0.06					62					0.81					8,070					–					1991

Selected West Gossan and Gossan Creek Rock and Soil Samples
		Sample					Type					Au (gr/t)					Au (ppb)					Cu (%)					Cu (ppm)					Co (ppm)					Year
		WG-9006					Rock					1.34					1337					0.02					242					–					1991
		WG-86-R-13					Rock					0.01					14					0.18					1,771					16					1986
		WG-86-R-3					Rock					0.02					19					0.17					1,659					91					1986
		WG-B-14					Rock					0.31					305					0.16					1,553					75					1985
		WG-86-R-15					Rock					0.01					13					0.1					1,008					28					1986
		WG-86-R-4					Rock					0.65					650					0.71					7,067					67					1986
		WG-B-4					Rock					0.35					350					0.06					587					481					1985
		WG-B-12					Rock					0.17					165					0.24					2,435					25					1985
		WG-B-21					Rock					0.45					445					0.1					1,021					161					1985
		WG-B-32					Rock					0.03					29					0.14					1,366					59					1985
		WG-E-2					Rock					0.36					360					0.27					2,694					27					1985
		WG-B-13					Rock					0.21					210					0.26					2,594					93					1985
		WG-1+90S-15+20W					Soil					55.2					55,261					0.38					3,801					–					2008
		WG-1190E-1335N					Soil					–					–					0.13					1,250					–					1979
		WG-1190E-1345N					Soil					–					–					0.15					1,450					–					1979
		WG-1200E-1335N					Soil					–					–					0.24					2,400					–					1979
		WG-1210E-1355N					Soil					–					–					0.5					5,000					–					1979
		WG-1215E-1355N					Soil					–					–					0.25					2,450					–					1979
		WG-1195E-1345N					Soil					–					–					0.17					1,650					–					1978
		WG-1195E-1395N					Soil					–					–					0.16					1,550					–					1978
		WG-1+00S-17+00W					Soil					–					50					0.12					1,166					57					2008
		WG-1+50S-16+50W					Soil					–					180					0.23					2,309					82					2008
		WG-2+00S-16+50W					Soil					–					31					0.13					1,326					57					2006
		WG-3+00S-16+50W					Soil					–					17					0.13					1,273					51					2006
		WG-3+00S-15+00W					Soil					–					12					0.12					1,179					129					2006
		WG-1215E-1355N					Soil					–					–					0.18					1,800					–					1978
		WG-6+00S-17+00W					Soil					–					93					0.18					1,795					160					2005
		WG-7+00S-7+50W					Soil					–					31					0.14					1,397					142					1995
		WG-5+00S-7+50W					Soil					–					54					0.11					1,137					37					1995

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c8574901-4dcc-46a0-b1ea-4789c9150205

Please visit the following URL to view more maps and 3D images of the sample locations.

Revealing Gold Potential of the Hat Project

Data from government assessment files on Hoey Gold and West Gossan/Gossan Creek indicate a broad zone of elevated copper and gold values in soil on these showings. It is postulated that the mineralization at West Gossan, Gossan Creek and Hoey Gold targets may be genetically related to the same mineralizing events that introduced copper and gold to the porphyry style mineralization on the Lisle Gold rich Copper Deposit. This premise will be investigated in future exploration work in the area.

Doubleview has not carried out a complete QAQC on the historical assay results.  The historical sampling, which are publicly available from the British Columbia Ministry of Energy and Mines ARIS report files, have yet to be verified by Doubleview due to historical nature of a portion of the assays.  Nevertheless, Doubleview views these as priority exploration targets on its Hat Property.

Mr. John Buckle, P.Geo., an independent Qualified Person as defined by NI-43-01 regulations, has reviewed and approved the scientific and technical disclosure in this news release.  Historic sampling was verified by more recent sampling under the supervision of a Professional Geologist, Erik Ostensoe, P.Geo.

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), (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
E: [email protected]

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.