After nearly two dozen drill holes and detailed expert analysis, a new picture is rapidly emerging at Doubleview Capital Corp.’s (DBV, TSX-V) Hat Project in northwest B.C.’s Sheslay district.
This is not unusual in the evolution of a major discovery – at a certain point, as results improve with each round of drilling, and fresh geological eyes are cast upon a growing deposit, the “dots” all of a sudden begin to connect.
That’s what’s happening at the Hat where hole 23, as we predicted earlier, is a game-changer. More intense potassic alteration, higher grades, thickening zones, greater understanding of the entire system – these are all reasons why Dr. Abdul Razique, Doubleview’s newly-recruited and first-ever chief geoscientist, is as excited as you’ll find anyone in the industry right now. He’s convinced the Hat has world-class potential as B.C.’s newest alkalic Gold-Copper porphyry discovery, now kicking into high-gear after initial drilling commenced from the grassroots stage less than two years ago.
More results are pending from hole 23, specifically from a chalcopyrite-pyrite zone below 400 m visually interpreted to continue to a depth of at least 520 meters (the 110.9-metre section beginning at a depth of 270.6 m included 74.2 m grading nearly 1% CuEq)…keep in mind, everything changed at Red Chris when Imperial Metals (III, TSX) started drilling below 400 m.
The way H-23 is evolving, it’s speculative but reasonable to conclude that the next batch of assays could produce some eye-popping numbers for the section between 400 m and 650 m. And to think that this is quite possibly just the southeastern edge of a much larger system, rather than the central core…
Given developments at the Hat and Dr. Razique’s impressive credentials, we felt it was imperative to meet this individual as quickly as possible and introduce him to our readers. His impact on the Hat Project, and the Sheslay district in general, could prove to be hugely significant.
To view Part 1 of our video feature (just under 90 seconds), click on the arrow below.
Note: John and Terry do not hold share positions in DBV. Jon does hold a share position in DBV.
Looks pretty good for DBV holders
Comment by Theodore — March 29, 2015 @ 8:06 am
I am going to predict that DBV shareholders will be heavily rewarded this year and its about to start soon with H23 and the resumption of drilling! My crystal ball, my gut feeling and my DD (very thorough and includes some very experienced porphyry geologist’s interpretation of the data and geology)indicates that it was time to go all eggs in one basket. I took advantage of DBV’s last dip after selling what little other holdings I had left (GGI included). I have been accumulating DBV for almost 3 years……….last 2 times I got this feeling and went all in I was right and the gains were very big (.10 to $2.48 and the other one .05 to $3.16) so I am expecting something similar. In my 18 years of playing almost solely juniors, this is the 3rd time going ALL in one stock so it doesn’t happen often……when it does I take full advantage of it! Yes, I know many will think I am crazy and broke a big investment rule but it has worked for me and I sleep very well at night based on my DD. I truly believe that DBV shareholders could have an life changing experience if one plays it well based on one’s DD and one’s risk tolerance…..this will put me very comfortably into retirement well before my peers……..matter of fact before my father retires!
Comment by d4 — March 29, 2015 @ 1:42 pm
Completely agree with your comment D4 !
Comment by Guy Delisle — March 29, 2015 @ 3:53 pm
Its a great article and Abdul is well known to me one of the best in the game am sure that he has something good up his sleeve what a great team we have in DBV
This truly may be time to add to my portfolio thanks for this good par one update and posts will advise my friends to do like wise. Cant wait for the market to open
Comment by Eddie — March 29, 2015 @ 5:12 pm
Good comments…here’s hoping you’re right d4….I have faith in DBV, yet anxiously hold my breath for the next few rounds of results. GLTA.
Comment by Steve A. — March 29, 2015 @ 7:42 pm
Keep an eye on NPH – This could be her next leg up.
Comment by dave — March 30, 2015 @ 7:34 am