The Red Spring Copper-Silver-Gold property, located 120 km north of Smithers, B.C., was discovered in 1972. Copper mineralization occurs within interbedded volcanic, volcaniclastic and sedimentary rocks of the Jurassic age Hazelton Group close to the eastern edge of the Bowser sedimentary basin. Previous exploration was directed to a dolomitic limestone formation that carries finely disseminated silver-rich chalcopyrite. Drilling programs in 1973 outlined a historic "drill indicated reserve" of 5,000,000 tons grading 0.5% copper and 11.9 grams/ton silver (4,500,000 tonnes of 0.5% copper and 0.38 troy oz/tonne silver). (Assessment Report #20364,p. 1, 1990, G. Ryznar, P. Eng., quoting from a 1973 internal company report for Canadian Superior Exploration Ltd.).

The historical "drill indicated reserve" cited above is mentioned for historical purposes only and uses terminology not compliant with current reporting standards. The reliability of these historical estimates is unknown but considered relevant by Doubleview as it represents a significant target for future exploration. The qualified person has not reviewed all pertinent original documents nor done sufficient work to classify the historical estimate as a current mineral resource and Doubleview is not treating this historical estimate as a current mineral resource. Historical "drill indicated reserves" are not equivalent to mineral reserves or resources as they are not supported by at least a preliminary feasibility study. In order to verify this as a current estimate, Doubleview will need to conduct additional exploration work in the form of diamond drilling to verify the historic data. Details of such work have not been determined.

Highlights of significant historic drill results are tabulated in following table:

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 |Drill|From (feet)|To (feet)|Length (feet)|% Copper|Oz/ton Silver|
 |Hole |           |         |             |        |             |
 |No.  |           |         |             |        |             |
 |----------------------------------------------------------------|
 |73-2 |10         |140      |130          |0.56    |0.32         |
 |----------------------------------------------------------------|
 |73-3 |6          |142      |136          |0.54    |0.61         |
 |----------------------------------------------------------------|
 |73-5 |5          |170      |165          |0.47    |0.16         |
 |----------------------------------------------------------------|
 |73-6 |3          |150      |147          |0.47    |0.28         |
 |----------------------------------------------------------------|
 |73-7 |3          |160      |157          |0.30    |0.14         |
 |----------------------------------------------------------------|
 |73-9 |11         |50       |39           |0.59    |0.39         |
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Caution: Doubleview has not confirmed the historic drilling data that supports the above-cited historical resource estimate and has no reliable information concerning details of the sampling and analysis of the core samples in the above-cited tabulation. Available data, although believed to be reliable, does not comply with CIM requirements and the Company does not consider the drill core analyses as wholly reliable and should not be relied upon in any evaluation of the Red Spring property.

Programs of geochemical soil sampling surveys, induced polarization (IP) geophysical surveys and a total of 12 diamond drill holes with total length 1380 metres, were completed in 1972 - 1976 by major exploration companies. In addition to the drilled area of mineralized dolomitic limestone, the IP surveys outlined several as yet unexplored anomalies in the nearby area and, subsequently, prospectors located in outcrops a short distance south of the drilled area a second occurrence of the mineralized dolomitic limestone. Surface samples from this second occurrence returned copper and silver values similar to those from the discovery area.

The characteristics of the copper-silver mineralization on the Red Spring property are similar to those of stratabound sediment-hosted copper deposits. Such deposits frequently have large areal extents with good potential for large tonnages. Speculatively, the Red Spring property, located on the eastern edge of the Bowser Basin, has some similarities to the geological setting of the Eskay Creek Mine that lies on the western edge of the Basin: comparable rock types, stratigraphy and style of copper mineralization occur at both.

The Company is planning to explore the Red Spring property by an initial program of geologic mapping, prospecting and soil geochemical sampling, followed by ground-based or airborne geophysical surveys and, possibly, diamond drilling.

Erik A. Ostensoe, P. Geo., a consulting geologist, is Doubleview's Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, with respect to the Red Spring property and has reviewed and approved the technical disclosure of this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder and co-optioner of the Hat and Red Spring properties.