Doubleview Capital Corp. announced preliminary assay results from the recently completed program of diamond drilling on the 3,561 hectare Hat Property located near Sheslay in the Stikine Mining District of northwest British Columbia. Of particular significance are assays from drill hole H-8: 287.13 metres (942.02 ft) with 0.29% CuEq, including 37.25 metres with 0.53% CuEq, 15.8 metres with 0.97% CuEq and 79.83 metres with 0.44% CuEq and all of drill hole H-11 that starting from surface returned 313.11 metres (1,027.3 ft) with 0.32% CuEq, including 61.08 metres with 0.52% CuEq (including 21.34 metres of 1.05% CuEq), and 51.82 metres with 0.62% CuEq.

Drill Holes H-8 and H-11 ended in Copper Mineralization and on the basis of geological characteristics, mineralization and size potential, Doubleview believes that the Hat property qualifies as a "copper-gold alkalic porphyry"-type deposit. The second phase of diamond drilling comprised five drill holes with total length 1,276.6 metres (4,188.5 ft). All drill holes were directed to central and eastern parts of "Anomaly B", a large (1,390 m by 520 m) geophysical anomaly the western part of which was also investigated by drill hole H-6. Work continued until the end of November when severe winter conditions forced closure of operations.