A Canadian exploration success story should start gaining increased traction with an intense period of exploration just around the corner, and final results due shortly from what’s shaping up as possibly the best hole ever drilled in the emerging Sheslay district of northwest British Columbia.
Doubleview Capital (DBV, TSX-V) has been grinding its way to an important breakthrough at the Hat Project where hole 23 has sparked a reinterpretation of a growing system that’s now the sole focus of attention for one of the world’s leading Gold-Copper porphyry experts, Dr. Abdul Razique.
The last set of results are pending from hole 23, specifically from a chalcopyrite-pyrite zone below 400 m visually estimated to continue to a depth of at least 520 meters (the 110.9-metre section beginning at 270.6 m included 74.2 m grading nearly 1% CuEq).
To view Part 2 of our video feature (less than 90 seconds) with Dr. Razique on hole 23, click on the arrow below.
Note: John and Jon both hold share positions in DBV.
NAR – Good news release today.
Comment by dave — April 21, 2015 @ 5:05 am
Yes, very encouraging, Dave. Stock should react well.
Comment by Jon - BMR — April 21, 2015 @ 5:08 am
Nice to see DBV rebound yesterday on some moderate trading, speculation of H23 helping no doubt. Jon, do you think H23 will need to have some stellar numbers to get the market interested and back on board? I’m in this for the long haul, but would sure like to see DBV back in the 20+ cent range again.
Comment by Steve A. — April 21, 2015 @ 6:43 am
Hi Steve, this hole (23) should be the best one we’ve seen in the district to date – given the results reported so far, and the visuals below 400 m…the turn in the sentiment IMHO should begin with this hole and the new Hat model that has emerged, with interest intensifying over the next 2-3 months after more holes are drilled at the Hat and GGI begins drilling the Grizzly where the odds of another discovery are very high…
Comment by Jon - BMR — April 21, 2015 @ 6:52 am