“Buckle Up”: A Wild Ride At The Hat In Recent
Post# of 579
Posted On: 04/11/2014 6:00:48 PM
“Buckle Up”: A Wild Ride At The Hat In Recent Months Could Soon Accelerate
After 11 drill holes, entering this current round of drilling, getting a handle on the geometry of a potential sizable deposit at the Hat is a priority for the Doubleview Capital Corp. (DBV, TSX-V) technical team…a critical member of that team with extensive international experience and an impressive track record at figuring out porphyry deposits is 63 year-old John Buckle who’s both a geologist and a geophysicist…he began his career with Teck in 1972…Buckle’s interpretations of historical data from Utah Mines were hugely important in allowing DBV to hit the margins of the mineralized system on just the 6th hole last year. “We were in the right neighborhood when we started at Anomaly A,” Buckle told us, “but hole 6 at Anomaly B gave us the sniff we were looking for, and that’s very early into a drill program. After holes 8 and 11, we’re getting much closer to finding the right house. I told Farshad, if this isn’t a mineralized porphyry I’d eat my hat.”
We’ll have much more with Buckle next week – he’s an interesting individual who brings not only his unique expertise to the table, but humor and character as well…he’s one reason we’re so confident that DBV is on the right track at the Hat. “I do know that if we keep on hitting it where we think it is, then we’ll soon get this thing unraveled,” he stated. “It’ll depend on what we see. Hole 11 ended in mineralization, so we don’t know where the limit of this is yet. We haven’t hit the edges yet. It could take a few deep holes before we begin to see where the edges of this thing are.”
Ashburton Ventures Inc. (ABR, TSX-V) Update
A situation we’ll be exploring in some detail next week is Ashburton’s (ABR, TSX-V) Hackett Property which we have just visited…it’s only 1000 metres from Doubleview’s discovery holes, and just 300 metres shy of the historical Hoey showing…unquestionably, the trend of mineralization leads right to the Hackett (never previously drilled or systematically explored) which makes ABR at 5.5 cents (with only 36 million shares outstanding) a very compelling speculative opportunity in our view…if DBV is able to prove up a major deposit, ABR could literally explode…
“We couldn’t be in a better place at a better time,” ABR President Kyler Hardy told BMR. “Looking at the data, it’s publicly available, we’re very much on that trend with the DBV discovery…it’s very interesting. We’re in a good position to experience similar success to DBV. In my opinion,” Hardy continued, “we’re into a very, very large regional play rather than simply an isolated deposit (Sheslay) that was looked at previously. Garibaldi as well, they’re got a very interesting project with the Grizzly. It does look like a parallel-type structure. What we’ve been seeing so far, everything seems to line up.”
After 11 drill holes, entering this current round of drilling, getting a handle on the geometry of a potential sizable deposit at the Hat is a priority for the Doubleview Capital Corp. (DBV, TSX-V) technical team…a critical member of that team with extensive international experience and an impressive track record at figuring out porphyry deposits is 63 year-old John Buckle who’s both a geologist and a geophysicist…he began his career with Teck in 1972…Buckle’s interpretations of historical data from Utah Mines were hugely important in allowing DBV to hit the margins of the mineralized system on just the 6th hole last year. “We were in the right neighborhood when we started at Anomaly A,” Buckle told us, “but hole 6 at Anomaly B gave us the sniff we were looking for, and that’s very early into a drill program. After holes 8 and 11, we’re getting much closer to finding the right house. I told Farshad, if this isn’t a mineralized porphyry I’d eat my hat.”
We’ll have much more with Buckle next week – he’s an interesting individual who brings not only his unique expertise to the table, but humor and character as well…he’s one reason we’re so confident that DBV is on the right track at the Hat. “I do know that if we keep on hitting it where we think it is, then we’ll soon get this thing unraveled,” he stated. “It’ll depend on what we see. Hole 11 ended in mineralization, so we don’t know where the limit of this is yet. We haven’t hit the edges yet. It could take a few deep holes before we begin to see where the edges of this thing are.”
Ashburton Ventures Inc. (ABR, TSX-V) Update
A situation we’ll be exploring in some detail next week is Ashburton’s (ABR, TSX-V) Hackett Property which we have just visited…it’s only 1000 metres from Doubleview’s discovery holes, and just 300 metres shy of the historical Hoey showing…unquestionably, the trend of mineralization leads right to the Hackett (never previously drilled or systematically explored) which makes ABR at 5.5 cents (with only 36 million shares outstanding) a very compelling speculative opportunity in our view…if DBV is able to prove up a major deposit, ABR could literally explode…
“We couldn’t be in a better place at a better time,” ABR President Kyler Hardy told BMR. “Looking at the data, it’s publicly available, we’re very much on that trend with the DBV discovery…it’s very interesting. We’re in a good position to experience similar success to DBV. In my opinion,” Hardy continued, “we’re into a very, very large regional play rather than simply an isolated deposit (Sheslay) that was looked at previously. Garibaldi as well, they’re got a very interesting project with the Grizzly. It does look like a parallel-type structure. What we’ve been seeing so far, everything seems to line up.”
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