As cold and record snowfall work their way into the western part of the country, a Vancouver-based junior is striking while the iron is hot.
Doubleview Capital Corp. (TSX-Venture:DBV) announced Monday that an exploration and drilling crew is in the process of re-opening the company's Hat Camp in northern British Columbia, in preparation for resumption of core drilling there.
The camp facilities and drilling rig are being readied for the anticipated start of drilling in early October. Permitting and financing are in place and a drill is already situated on the property.
According to CEO Farshad Shirvani, "With its robust current cash position, new financing and resumption of management of the Hat Project, Doubleview is in a prime position to rapidly develop the known and prospective targets."
The Hat gold-copper deposit was discovered in 2014 and since. The dimensions of the deposit, referred to as the "Lisle Zone", have not been determined, but long-drill-hole intercepts indicate that important Gold-Copper mineralization is present.
Late Monday morning, Doubleview shares had not quite doubled, but acquired two cents, or a hefty 25%, to 10 cents.
