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Doubleview Capital Resumes Exploration and Plans Drill Program at Red Spring Copper-Silver-Gold Property in British Columbia - Video News Alert on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2016) - Vancouver based mineral resourc...
About this update from Doubleview Gold Corp.
[{"type":"text","content":"Doubleview Capital Resumes Exploration and Plans Drill Program at Red Spring Copper-Silver-Gold Property in British Columbia - Video News Alert on InvestmentPitch.comVancouver, British Columbia--(Newsfile Corp. - July 6, 2016) - Vancouver based mineral resource exploration and development company Doubleview Capital (TSXV: DBV) (OTCBB: DBLVF) (FSE: A1W038) has resumed exploration at its Red Spring property in British Columbia. Red Spring, a copper-silver-gold property located 160 kilometres north of Smithers, is one of the company's four projects in British Columbia.InvestmentPitch.com has produced a \"video news alert\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Doubleview\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/video/0_f0pemly8/Doubleview-Capital-TSXV-DBV-has-resumed-exploration-at-its-Red-Spring-property-in-British-ColumbiaThe Ministry of Energy and Mines waived the need for a permit to drill a small number of shallow holes on the Red Spring property. The innovative shallow-hole drilling, which uses a very light weight easily portable unit, has a negligible footprint, will target newly identified areas of exploration potential as well as test and confirm historical work.Following receipt of soil analyses from a recently completed, detailed soil geochemical sampling program, which covered approximately 1 square kilometre, together with newly-acquired and historic data, the company plans to continue exploration on the property.The 216 hectare Red Spring property includes the historic Red Spring high grade copper-silver occurrences, which have benefited from extensive previous work, including at least 1,200 metres of diamond drilling. Previous operators estimated a preliminary near-surface, non-NI 43-101 compliant resource of 4.5 million tonnes with 0.5% copper and 11.9 grams per tonne silver.The company recently announced that it has resolved an issue with a local First Nation community at its Hat gold-copper property and will resume work following the completion of financing. Following more than 8,300 metres of diamond drilling over 25 holes, which identified an important gold-copper alkali porphyry-type resource, work was halted in July 2015. Initial efforts will be directed to extending the Lisle Zone — Zone A, both l...