Resource World Magazine

52 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 1 5 MINING Doubleview Drilling returns highest golD anD copper graDes encountereD at hat project Doubleview capital corp. [DBV-TSXV; DBLVF-OTC; A1W038-FSE] reported that gold-copper mineralization in Sheslay Red Stock continues to increase at depth in drill hole H-23 with just received assay results returning the strongest gold-cop- per values encountered at the Hat Project in the Sheslay Valley, 50 km northwest of Telegraph Creek northwestern British Columbia, since first-ever drilling com- menced in 2013. highlights are as follows: • A second and wider pyrite-rich zone in H-23 returned 0.73% CuEq* (0.36 g/t Au and 0.47% Cu) in a 110.9-metre sec- tion beginning at a depth of 270.6 meters, including 74.2 metres grading 0.96% CuEq (0.45 g/t Au and 0.61% Cu); • Assays are pending for a third, wider chalcopyrite-pyrite zone that was visually observed to extend for at least 120 metres beginning at a depth of 402 metres, the current end of sampling. • H-23, with the best gold grades of any hole drilled so far at the Hat Project, con- firms the presence of a very large and robust porphyry system with growing potential for discovery of a high-grade gold-copper core. Drill hole h-23 to 400 Metres Gold and copper mineralization in H-23 started at a depth of less than 60 metres, and the hole through 400 metres also features sections with elevated values of molybdenum, zinc and cobalt substan- tially higher compared to earlier holes. The potential significance of this is being reviewed by Doubleview's technical team. A 278.2-metre interval from 67.9 to 346.2 metres returned 0.28 g/t Au, 0.65 g/t Ag and 0.32% Cu (0.53% CuEq). Farshad Shirvani, Doubelview President and CEO, said, "Drill Hole H-23 elevates the Hat Project to a new level. We're eagerly anticipating assay results from the last 250-metre section that was completed just prior to the December break. Those results may necessitate extending the hole beyond its present depth of 650 metres. "In just 23 holes, we've taken the Hat from a grassroots stage to the point where it is now showing world class potential as an important new porphyry discovery in the underexplored and prolific Sheslay district just over 100 km northwest of the Red Chris mine. New infrastructure has added to the already huge opportuni- ties for additional major discoveries and mining development in this part of the province." Drill hole H-23, drilled from the north toward the south, extended the northern boundary of the Lisle Zone mineralization by approximately 110 metres (the Lisle Zone of the Hat system is now half a km wide and 1 km long) and also confirmed that strong mineralization is present about 220 metres below the zone encountered in drill hole H-22, the nearest drill hole. Results for the remaining 250 metres of drill hole H-23 will be released as soon as they are received, reviewed and interpreted. Follow the link to view section draw- ings of H-23 and other nearby drill holes: http://www.doubleview.ca/projects-2/ hat-copper-gold/hat-23-section-and-plan/ * CuEq = ([(%Cu) x (22.0462) x ($lb Cu) + (g/t/Au) x (1/31.1035) x ($oz Au)]) ÷ ((22.0462) x ($lb Cu))). Calculated for Cu at $2.54 / lb, Au at $1265 / oz and Ag at $ 17 / oz. (US$) highbank resources: spn quarry reaDy for q1 2015 proDuction Victor N. Bryant, CEO/President of highbank resources ltd. [HBK-TSXV; V7O-FSE], commented, "Looking back over the last year at what the company and shareholders have accomplished, I am impressed by all the milestones surpassed in 2014." Hannah Bernard, Founder-Viral Media Group has prepared a splendid "Highbank milestones achieved" Video http://ow.ly/ G4CU9. Bryant said, "Although presently we are not in production… Swamp Point North (SPN) is production ready for Q1 2015. During 2014, we have been inun- dated with requests for quotations on a variety of infrastructure projects. I would like at this time to provide guidance regarding future potential for 2015 and onward." The company has quoted on: the Container Port expansion to Ledcor; the proposed Canpotex, potash export ter- minal; Bechtel Engineering for Petronas/ PNW LNG; Royal Boskalis Westminster N.V. for subsea pipelines. Golder Associates has also made a site visit on behalf of their client, Imperial Oils partner in WCC LNG, to examine our material for construction suitability. The bulk of these projects are slated for 2015/16. Preliminary discussions are also ongoing for the poten- tial of shipping our finished aggregates to Alberta and Saskatchewan. In anticipation of expected increased demands for aggregates, Highbank has contracted a consultant to progress its application for increased production to exceed 1 million tons/year. n

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