Resource World Magazine

o c t o b e r / n o v e m b e r 2 0 1 4 www.resourceworld.com 37 Doubleview, Garibaldi push forward in the Sheslay district Doubleview Capital Corp. [DBV-TSXV] sparked a staking rush in the Sheslay district at the beginning of the year when it reported a drilling discovery at its Hat property. Two holes at Anomaly B returned long intersections of copper- gold porphyry mineralization (313 metres of 0.32% copper equivalent (CuEq) in HAT-11 and 287 metres of 0.29% CuEq in HAT-08) nearly 1 km east of an earlier hole (HAT-06) that appeared to hit the edge of the system. Follow-up drilling in the spring confirmed the discovery with HAT- 12 (246 metres of 0.35% CuEq including 94 metres of 0.60% CuEq) passing through the top section of a syneo-gabbro intrusion (Sheslay red stock) not previously recog- nized in the district. Anomaly B is now known as the Lisle Zone, named after Tom Lisle, one of the property's original prospectors. Doubleview continues to enhance its understanding of this area along with numerous other targets stretching several kilometres across the property. "The Lisle Zone represents a quick and important new discovery in this district," stated Farshad Shirvani, President and CEO of Doubleview. "This property had never been previously drilled before we launched our first program in the spring of last year. We've established a strong rapport with the local First Nations and we're very encour- aged as we aggressively move forward." Doubleview announced an important addition to its technical group in mid- August when highly respected geologist, Patrick McAndless, with over four decades' experience in the industry, became a senior adviser to the company's board of directors. "We have Pat and his team, and that's a major development," added Farshani. Garibaldi Resources Corp. [GGI-TSXV] continues to push its large-scale Grizzly Project toward first-ever drilling. While the company's newly-acquired Hat East claims are within close proximity (2 km) of Doubleview's discovery, Garibaldi has been focusing most of its exploration efforts on more advanced targets located on the far western side of the Sheslay mineralized corridor (Grizzly West) and at Grizzly Central. "Target selection is critical and it's part of the cost-effective and successful exploration approach we're also carrying out in Mexico," explained Steve Regoci, Garibaldi President and CEO. "We also have the added advantage of now see- ing drill results from adjoining properties and comparing them to a whole range of signatures throughout the district, includ- ing, of course, at Grizzly West and Grizzly Central. Our aim is to have the same sort of drill hole success ratio at the Grizzly as we're enjoying in Mexico. We certainly view the Sheslay district as an emerg- ing world class mining camp, and we're determined to play a leading role in this exciting process." Garibaldi has reported that known mineralized zones on the Grizzly display classic characteristics of alkalic Cu-Au porphyry deposits. The company's chal- lenge now is to take this property to the next level by making a drilling discovery comparable or even better than others in the district. n ShESLAY va l l e y r e P o rt Farshad Shirvani, President and CEO, Doubleview Capital Corp. Steve Regoci, President and CEO, Garibaldi Resources Corp. of 0.06 to 0.15 oz/ton (2-5 grams/ tonne). Meanwhile, Barkerville Gold has engaged Snowden Mining Industry Consultants to update the December 2012 NI 43-101 report on Cow Mountain that stated measured and indicated resources total 17,700,000 tons grading 2.00 g/t gold (1.04M oz) with inferred resources at 49,200,000 tons of 2.74 g/t gold (3.94M oz). The updated report will lead to the preparation of a preliminary eco- nomic assessment. Drilling is underway on Cow Mountain. The company has also been explor- ing the Island Mountain claim group just west of the town of Wells. Gold-bearing quartz veins were first mined in the 1870s and underground workings were eventu- ally developed on 11 levels. Recent work includes trenching, surface gridding, geo- physics, soil sampling as well as surface and underground drilling. In October 2013, Barkerville Gold closed a $15 million gold loan facility con- trolled by Eric Sprott as well as a recent private placement of $6.9 million. The company would like to have two or three mines in operation concurrently. Should that take place, a larger mill would be required. n

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