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LifeGoesOn

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NEWS for DBV....

posted on Sep 26, 2013 11:42AM

News.... but no one even buying the stock at $0.06 on speculation. This really highlights how difficult it is going to be to move the price of this stock. About all we can hope for is a MONSTER hole when they drill, otherwise, I simply don't know what to say. They had also plan for an Investor Relations program timed with the new hole to bring in brokerage, speculators, and new buyers. Right now virtually everyone holding stock previously is gone and everyone buying is now holding stock at a loss.

Good luck, we are going to need it in this market.

DOUBLEVIEW CAPITAL CORP. ANNOUNCES COMMENCEMENT OF GEOPHYSICAL SURVEY AND APPROVAL OF RED SPRING PROPERTY ACQUISITION

Doubleview Capital Corp. has commenced induced polarization geophysical surveys on its Hat copper gold porphyry project located in the Stikine mining district of northwestern British Columbia. The TSX Venture Exchange has also approved Doubleview's acquisition of the Red Spring property located north of Smithers, B.C. The geophysical work is the first such work on the Hat property since 1979 and is designed to better define the anomalous areas that comprise several copper and gold soil geochemical anomalies that are coincident with historic Induced Polarization chargeability geophysical anomalies. A Phase 2 program of diamond drilling will commence upon completion of the geophysical survey work.Further to Doubleview's News Release dated August 8, 2013, the TSX Venture Exchange has accepted for filing documentation pertaining to the option agreement dated August 8, 2013 whereby Doubleview has been granted an option to acquire a 90% interest in the 1349 hectare Red Spring copper-silver-gold exploration property located 120 km north of Smithers, B. C. Doubleview will immediately issue 50,000 shares to the vendors and within one year make a cash payment of $7,000 and conduct a $100,000 work program on the property. Further optional shares, cash and work commitments are detailed in the August 8, 2013 News Release. The vendors will retain a 2 1/2 % NSR ("net smelter royalty") of which Doubleview can purchase 50% for $1,500,000.Doubleview in early September completed an initial site visit to the Red Spring property as part of a due diligence investigation. A small number of rock and soil samples were acquired at that time and are currently being analysed at an accredited analytical laboratory. A program of exploration will be determined following receipt of analyses and further review of all available data.Historic exploration of the Red Spring property since 1972, including two programs of diamond drilling, has been directed to a dolomitic limestone member interbedded with Jurassic age Hazelton Group volcanic, volcaniclastic and sedimentary formations. A historic "drill indicated reserve" of 4,500,000 tonnes with 0.5% copper and 0.38 oz/tonne silver was calculated by previous owners of the property (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. Disclosures: Farshad Shirvani, president and CEO of Doubleview, holds a 40% interest in the vendor group of the Red Spring property. Erik Ostensoe, P. Geo., 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 is a co-optionor of the Hat and Red Spring properties.

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