Tag: Doubleview Gold Corp.

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce the completion of its 2025 drilling season at the Hat Polymetallic Project in northwestern British Columbia. This year’s program marks the largest drilling campaign in the Hat Project’s history, with 13,290 metres drilled across 19 drill holes, achieving a 100% success rate with every drill hole intersecting mineralization, while confirming the deposit remains open to depth and laterally.

The 2025 campaign delivered major advancements in our understanding of the geology and dimensions of the Hat deposit, including the identification of a newly recognized mineralized horizon located beneath and adjacent the 2024 conceptual open-pit shell. Importantly, mineralization domains were better defined, existing data gaps were closed, and the Company’s evolving geological and resource models were validated (see Figures 1-4, also available on the Company’s website at www.doubleview.ca).

Assays from holes H100 through H108 remain pending and will be released once received, reviewed, and interpreted in accordance with NI 43-101.

Highlights of the 2025 Drill Season

• 13,290 metres drilled in 19 holes, averaging 699.5 metres per hole — the largest and most efficient and technically productive program ever.
• A newly discovered deep mineralized horizon beneath the 2024 conceptual pit outline confirms significant down-dip continuity and expansion potential as mineralization remains open at depth and laterally in multiple directions.
• Every drill hole intercepted mineralization, demonstrating the strength and continuity of the porphyry system.
• H097, H098, and H099, previously disclosed, extended mineralization by 200-300 metres down-dip and up to 100 metres laterally, significantly improving the block model and geological interpretation.
• H099 returned 438 m of 0.40% CuEq, including 52 m of 1.02% CuEq, another one of the strongest continuous intervals drilled at the Hat to date.
• Newly completed holes H100-H108 were strategically positioned to evaluate depth extensions, lateral continuities, and untested model gaps. Core samples from these drill holes are being processed at the independent assay lab.
• Pending assays for nine remaining holes will inform updates to the Mineral Resource Estimate (MRE-2) and the ongoing Preliminary Economic Assessment (PEA). Note: Due to timing issues, we may not be able to include all assay data in those technical reports.
• 2025 work further advances Doubleview’s understanding of copper-gold-cobalt-scandium mineral domains. The recently-announced potential scandium recovery achievements are a major milestone for the Hat’s critical-metals profile.

Farshad Shirvani, President & CEO, commented:

“This has been a transformational year for Doubleview and the Hat Project. Our 2025 drill campaign successfully demonstrated the strength of our geological model, filled key data gaps, and uncovered an entirely new mineralized horizon beneath the 2024 conceptual pit shell. Every drill hole intersected mineralization, which is a testament to the quality and strength of our technical team, along with the robustness of the system.

The discovery potential at Hat continues to expand, with the deposit remaining open both laterally and at depth. Combined with last year’s exceptional drill results, our scandium recovery breakthrough, and the ongoing work toward the updated Resource Estimate and PEA, we are entering the next phase of project development with a high degree of confidence and momentum. I extend my thanks to our technical team, contractors, and shareholders for enabling the most successful drilling season in our Company’s history.”

The Company is now focused on completing the assay review and disclosure for drill holes H100 through H108, which represent the final nine holes of the 2025 program. Assay results, when received, verified, and interpreted in accordance with NI 43-101 standards, will be announced and incorporated into the geological and resource models.

In parallel, the Company continues to advance its Preliminary Economic Assessment (PEA), which is currently undergoing both internal modelling and external third-party review. The integration of the full 2025 drill dataset, including pending assays, is expected to materially enhance the confidence and robustness of the forthcoming PEA, supporting a comprehensive evaluation of the Hat Project’s economic potential and paths to development.

Figure 1: Drill plan and 2025 Extension around the 2024 Conceptual Pit

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_001full.jpg

Figure 2: 2025 drilling, mineralization extension at depth and around the 2024 conceptual pit

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_002full.jpg

Figure 3: 2024 Conceptual pit shell in 3D and 2025 drill holes demonstrating the strategic exploration in 2025

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_003full.jpg

Figure 4: 2024 Conceptual pit shell in 3D and 2025 drill holes demonstrating the strategic exploration in 2025

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_004full.jpg

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About Doubleview Gold Corp

Doubleview Gold Corp. is mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

Open Pit Model Hat	Resource Category	Tonnage	Average Grade					Metal Content
			CuEq	Cu	Co	Au	Ag	CuEq	Cu	Co	Au	Ag
		Mt	%	%	%	g/t	g/t	million  lb	million lb	million lb	thousand oz	thousand oz
In Pit	Indicated	150	0.408	0.221	0.008	0.19	0.42	1,353	733	28	929	2,045
	Inferred	477	0.344	0.185	0.009	0.15	0.49	3,619	1,945	91	2,328	7,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc₂O₃.

For further details of the MRE, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277248

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce assay results from drill holes H097, H098, and H099 from its 2025 drill program at the Hat Polymetallic Deposit in northwestern British Columbia. Drill holes H097, H098 and H099 were collared from the same platform as drill holes H093-H096 and were drilled into previously untested potential extensions of the deposit and have successfully expanded the mineralized footprint approximately 100m laterally and 200 meters vertically and strengthened confidence in continuity in part of the Lisle Zone.

Highlights

• H099 returned 438.0 metres of 0.40% CuEq, including 52.0 metres of 1.02% CuEq, representing one of the strongest continuous mineralized intervals drilled at the Hat deposit to date.
• H097 and H098 confirm mineralization in previously undrilled sections and extend data approximately 200-300 metres down-dip and up to 100 metres laterally and fill important gaps in the geological exploration model. Drill holes H097, H098 and H099 when integrated into the database potentially will extend the 2024 conceptual open-pit shell by ~200 metres down-dip and up to 100 metres laterally, and demonstrate strong expansion potential that may be realized in the revised version of the 2024 Mineral Resource Estimate (MRE-2) and the Preliminary Economic Assessment (PEA).
• Drill hole analyses reported in this News Release show continuity of copper-gold-cobalt-scandium domains [scandium is an emerging critical metal and an important component of the Hat deposit], across broad intervals of the system.
• These drill holes support the Company’s objective to complete an up-dated Mineral Resource Estimate (MRE-2) and a Preliminary Economic Assessment (PEA) and improve confidence in the exploration model all of which will be incorporated in the current and future engineering studies *Copper Equivalent (CuEq) values exclude scandium (Sc2O3).*

Table 1: Summary of Significant % CuEq Drill Core Intercepts

Summary of Significant Drill Core Intercepts

DDH		From (m)	To (m)	Length (m)	CuEq (%) Excl. Sc2O3	Ag (g/t)	Au (g/t)	Co (g/t)	Cu (%)	Sc (g/t)
H097		30.8	476.0	445.3	0.20	0.18	0.09	62.1	0.10	28.1
H097	Including	112.8	258.0	145.2	0.25	0.24	0.12	85.3	0.12	25.5
	Including	209.0	279.0	70.0	0.29	0.34	0.10	89.8	0.17	25.3
	Including	387.0	422.0	35.0	0.36	0.21	0.14	60.5	0.22	21.6
H098		45.0	438.0	393.0	0.27	0.25	0.10	77.5	0.16	27.9
	Including	288.0	436.0	148.0	0.41	0.34	0.12	73.2	0.28	30.9
	Including	290.0	433.0	143.0	0.42	0.34	0.12	73.7	0.28	31.0
H099		72.0	715.0	643.0	0.34	0.21	0.16	62.6	0.18	29.9
	Including	210.0	648.0	438.0	0.40	0.25	0.17	67.5	0.23	30.4
	Including	312.0	648.0	336.0	0.47	0.29	0.20	67.9	0.27	31.5
	Including	362.0	457.3	95.3	0.61	0.51	0.18	91.0	0.42	30.6
	Including	586.0	687.0	101.0	0.64	0.25	0.35	49.9	0.31	32.4
	Including	586.0	676.7	90.7	0.68	0.24	0.38	52.2	0.33	31.5
	Including	586.0	638.0	52.0	1.02	0.34	0.58	67.2	0.48	28.3

Notes:                         

1 – Copper Equivalent (CuEq) currently does not include Scandium

2 – The intervals presented in this table are not true widths. The true width of mineralized sections has not been determined.

3 - Metal equivalents should not be relied upon for future evaluations. Drill hole intercepts included in this news release are core lengths that may or may not represent true widths of mineralization. It is not possible to determine true widths.

4 – Parameters used to calculate Copper Equivalent: Au price (US$/oz): 2365.09; Ag price (US$/oz): 27.43; Cu price (US$/lb): 4.17; Co price (US$/lb): 14.76. Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%. * Copper Equivalent Calculation CuEq in % = ([Ag grade in ppm] *27.43*0.68/31.1035 + [Au grade in ppm] *2365.09*.89/31.1035 + 0.0001* [Co grade in ppm] *14.76*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4.17*0.84*22.0462)/(4.17*22.0462*0.84).

Drill intercept overview:
H099	438.0 m at 0.40% CuEqIncluding: 52.0 m at 1.02% CuEqIncluding: 95.3 m at 0.61% CuEqIncluding: 336.0 m at 0.47% CuEq     In 643 m at 0.34% CuEq
H098	393.0 m at 0.27% CuEqIncluding: 148.0 m at 0.41% CuEq
H097	445.3 m at 0.20% CuEqIncluding: 145.2 m at 0.25% CuEq

These long intercepts continue to demonstrate and explore the dimensions of the horizontal and vertical porphyry-style Hat deposit mineralization enriched in copper, gold, cobalt, silver, and scandium.

Geological Interpretation

Step-Out Drilling Adds Increased Volumes

H097-H099 were planned to intersect previously undrilled areas between and beneath the trace of previously released drill holes (H093-H096). Although collared from the same surface location, the drill holes highlighted in this News Release extended the dimensions of the deposit 200-300 metres at depth and up to 100 metres laterally, successfully fulfilling the objective of characterizing untested volumes of the deposit.

Expansion of Conceptual Pit Potential

The strong continuity and grade distribution observed in drill hole H099, together with similar results from H097 and H098, extend the interpreted geometry of the mineralized body and potentially allow major extensions of the conceptual pit by approximately 200 metres vertically and ~100 metres laterally. Note: the current exploration model and conceptual pit design are based on available information and may not be supported by future drilling and engineering studies.

Continuity & Resource Confidence

The drill holes included in this News Release were planned to improve the interpretation of deposit geology and strengthen the block model used for resource estimates. The results confirm both lateral and vertical continuity of the system and will contribute to higher confidence resource categories as the model is updated.

High-Grade Domains and Depth Potential

Drill hole H099 is particularly important as it highlights a strongly mineralized area of copper, et al. metals, including more than 50 metres exceeding 1.0% CuEq, and demonstrates that high-grade zones continue to depth. The extent of such high-grade zones has not been determined.

Critical Metals: Scandium & Cobalt

While scandium (Sc2O3) is not included in CuEq calculations, scandium grades remain consistent with prior drill campaigns and continue to frame the Hat Deposit as a potentially significant North American source of critical metals.

CEO Comments

Farshad Shirvani, President and CEO, commented:
“These new step-out holes continue to validate and strengthen our geological model of the Hat Deposit. H099, in particular, delivered exceptional continuity with long and high-grade sections, confirming that the Lisle Zone remains robust at depth. The drilling extended mineralization into untested areas and demonstrated expansion potential for the conceptual pit by approximately 200 metres down-dip and 100 metres laterally.

These results reaffirm our confidence in the Hat model, highlight the presence of high-grade domains, and demonstrate meaningful depth potential. Importantly, the new holes help us improve resource confidence and will be incorporated into the upcoming resource estimation work. We are very encouraged by the consistent scandium and cobalt values across the system, strengthening Hat’s profile as a strategic critical-metals project in British Columbia. Our team is already planning follow-up drilling into several newly opened areas.”

Figure 1 – Drill Plan Map

A surface plan map showing locations of H097, H098, and H099 relative to earlier holes (H090-H096), plotted on top of the 3D Induced Polarization (IP) chargeability model. The map illustrates the central Lisle Zone, the 2024 conceptual pit outline, and the new volumetric extensions identified through the 2025 drilling.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/276907_7723e6e3145a690d_001full.jpg

Figure 2 – Section View Through H099

A north-south vertical cross-section through H099 showing down-hole CuEq grades, highlighting the 438 m mineralized interval and the high-grade 52m zone exceeding 1.0% CuEq. The section illustrates how the reported drill holes extend mineralization 200-300 m below prior interpretation and opens new areas for follow-up.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/276907_7723e6e3145a690d_002full.jpg

Other notes:

Details of the algorithm used to estimate %CuEq are presented in the notes above. The metal values used in our current algorithm are average trailing three years commodity prices, and do not reflect recent dramatic increases in prices of mineral commodities. Scandium recovery has been announced in the news release dated 25^th of November 2025 with an overall pre-optimized 82%.

Core samples are delivered securely to a fully accredited commercial laboratory and processed by industry-standard methods and include insertion of standard samples, duplicate core samples and blank samples to ensure confidence.  Assays are received from the analytical laboratory at irregular intervals, verified by reference to notes provided by our field crew, added to our database, and disseminated publicly by News Release.   

“The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Table 2: Drill hole locations

DDH ID	UTM-East (m)	UTM-North (m)	Elevation (m)	Azimuth (°)	Dip (°)	Max-Depth (m)	Year
H097	347963	6453927	966	348.0	-86.2	639	2025
H098	347963	6453927	966	251.0	-87.4	633	2025
H099	347963	6453927	966	190.0	-76.0	738	2025

Quality Assurance and Quality Control:

Hat Project drill cores are processed at Doubleview’s field camp where they are photographed, measured and logged by our technical staff and then divided using a diamond bladed saw. One half is placed in a stout bag to form the assay sample that is forwarded securely to the independent analytical lab. The remaining half core is stored on site where it is available for further examination and sampling. The assay cores are subject to a Chain of Custody routine as they are shipped from camp to a bonded carrier for delivery to the lab.

All core samples are prepared and analyzed at AGAT Laboratories in Calgary, an independent ISO 17025 and ISO 9001 certified facility. Samples are dried, crushed to 70% passing 2 mm, split to obtain a 250 g representative portion, and pulverized to 85% passing 75 µm. Gold, platinum, and palladium are assayed by 30-50 g fire assay with ICP-OES finish. Multi-element analyses (up to 48 elements) are performed by four-acid digestion with ICP-OES/MS, with ore-grade assays applied where required. Selected samples are further analyzed for whole-rock oxides using lithium borate fusion with ICP-OES, and Loss on Ignition is determined separately. Routine quality assurance protocols include insertion of blanks, duplicates, and certified reference materials, ensuring accuracy and reliability of results.

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About Doubleview Gold Corp

Doubleview Gold Corp. is mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

			Average Grade					Metal Content
Open Pit Model Hat	Resource Category	Tonnage	CuEq	Cu	Co	Au	Ag	CuEq	Cu	Co	Au	Ag
		Mt	%	%	%	g/t	g/t	million lb	million lb	million lb	thousand oz	thousand oz
In Pit	Indicated	150	0.408	0.221	0.008	0.19	0.42	1,353	733	28	929	2,045
	Inferred	477	0.344	0.185	0.009	0.15	0.49	3,619	1,945	91	2,328	7,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc₂O₃.

For further details of the MRE, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276907

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to provide a summary of the cobalt component of its Hat Polymetallic Deposit in northwestern British Columbia, in advance of the upcoming updated Mineral Resource Estimate (“MRE”) and Preliminary Economic Assessment (“PEA”). Based on the Company’s review of publicly available information, the Hat Deposit may contain one of the largest undeveloped cobalt inventories associated with a Canadian mineral deposit.

The Hat Deposit Maiden Mineral Resource Estimate, released July 25, 2024, outlined a large alkalic porphyry type copper-gold-cobalt-scandium resource, within which cobalt occurs as a by-product metal uniformly associated with copper and pyrite mineralization. The cobalt component of the resource is summarized as follows:

• Indicated: 150 million tonnes containing 28 million pounds (approximately 12,700 tonnes) of cobalt at 0.008% Co
• Inferred: 477 million tonnes containing 91 million pounds (approximately 41,300 tonnes) of cobalt at 0.009% Co

The Hat Deposit contains one of the more significant undeveloped cobalt-containing mineral resources in Canada. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

Cobalt is consistently distributed throughout the alkalic porphyry system alongside copper, gold, silver, and scandium. Metallurgical testwork to date indicates that cobalt is efficiently liberated into a clean pyrite concentrate suitable for conventional downstream processing. Additional metallurgical work is ongoing.

Farshad Shirvani, President & CEO, commented: “Copper, gold, and scandium remain the primary value drivers at the Hat Deposit, but the cobalt content represents a meaningful additional component of the project’s critical-minerals profile. As demand for secure and responsibly sourced battery metals continues to rise, the Hat Deposit’s location in a Tier-1 jurisdiction and its unusually large cobalt endowment strengthen the project’s long-term relevance. As we complete the updated MRE and advance our PEA, cobalt will be one of several important contributors evaluated in the broader economic framework.”

Why Cobalt from Hat Matters

Cobalt is designated a critical mineral by Canada, the United States, the European Union, Australia, Japan, and the United Kingdom. It is essential for:

• High-performance lithium-ion batteries
• Superalloys used in aerospace and defense
• Clean-energy technologies including wind, fuel cells, and emerging grid-storage systems

More than 70% of refined cobalt is processed in China, and most mine supply originates from the Democratic Republic of Congo. Western governments and industry groups are seeking secure, ethical, and transparent supply chains. Canada currently produces only minor by-product cobalt amounts. The Hat Deposit has the scale, continuity, and jurisdictional advantages to potentially contribute to future domestic supply should the project advance through the necessary evaluation and development stages.

Qualified Person

Erik Ostensoe, P.Geo., a consulting geologist and Doubleview’s Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure in this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder of the Company.

About the Hat Polymetallic Deposit

The Hat Deposit is located in northwestern British Columbia and is a large alkalic-porphyry system hosting significant copper, gold, cobalt, and scandium mineralization. The project has been advanced through multiple exploration campaigns, geophysical surveys, metallurgical test programs, and drill programs targeting expanded resource potential. An updated MRE and PEA are underway and expected before the end of 2025.

Open Pit  Model Hat	Resource Category	Tonnage	Average Grade					Metal Content
			CuEq	Cu	Co	Au	Ag	CuEq	Cu	Co	Au	Ag
		Mt	%	%	%	g/t	g/t	million lb	million lb	million lb	thousand oz	thousand oz
In Pit	Indicated	150	0.408	0.221	0.008	0.19	0.42	1,353	733	28	929	2,045
	Inferred	477	0.344	0.185	0.009	0.15	0.49	3,619	1,945	91	2,328	7,575

Scandium Exploration Target

The Hat Deposit also hosts a previously disclosed exploration target of 300-500 million tonnes averaging approximately 40 ppm (0.004%) Sc₂O₃.

“The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.”

A NI 43-101 Technical Report supporting the 2024 MRE is filed on SEDAR+.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

Forward-Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements relate to expectations, beliefs, projections, and future events and are based on current assumptions as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: anticipated timing of the updated Mineral Resource Estimate and Preliminary Economic Assessment; interpretations of the cobalt component of the Hat Deposit; metallurgical results; the potential for future production; and the potential significance of cobalt, scandium, and other metals to the project’s economic considerations.

Forward-looking statements are subject to various risks and uncertainties that may cause actual results to differ materially, including: exploration and development risks; changes in commodity prices; environmental, permitting, and regulatory risks; risks inherent to metallurgical testwork; uncertainties in geological interpretations; and other risks described under the Company’s filings on SEDAR+. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company undertakes no obligation to update forward-looking statements.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276613

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce positive first-phase pre-optimization results from its two-year, novel scandium-focused metallurgical test program. These results confirm the technical viability of recovering high-purity scandium oxide alongside copper, gold, cobalt, and other metals from the Company’s 100%-owned flagship HAT polymetallic deposit in northern British Columbia.

This breakthrough development marks a global first: The successful recovery of scandium from copper porphyry flotation tailings to a scandium oxide product.

The primary objective of this extensive test program, conducted at SGS Canada Inc., was to establish a viable proprietary flowsheet enabling scandium to be included in the upcoming, updated mineral resource estimate and preliminary economic assessment, potentially as measured, indicated, or inferred resources. The Company’s maiden resource estimate (July 25, 2024) highlighted a scandium potential of 300 to 500 million tonnes grading approximately 40 ppm Sc₂O₃.

“The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.”

Early metallurgical test work demonstrated that scandium could be extracted from copper flotation tailings. Subsequently, through an innovative robust test work programme at SGS Canada Inc., it has been successfully demonstrated that scandium in flotation tailings can be recovered to a high purity di-scandium tri-oxide product (Sc₂O₃).

Key metallurgical results include:

• Primary scandium extraction (leach): 82%
• Overall scandium recovery to high-purity Sc₂O₃ product: 88%

Future work to advance the Hat project will focus on continuous pilot plant testing and further optimization to improve primary extraction and enhance final product purity.

Farshad Shirvani, President and CEO of Doubleview Gold Corp., stated:

“Today’s results are a game-changer for the HAT project and potentially for the entire scandium industry on the world stage. World scandium supply is severely limited although there are several scandium projects currently being considered for development. Our metallurgy program shows that at HAT, we can recover high-value scandium directly from the tailings of a standard copper flotation circuit, using acid produced from internally generated pyrite. If the HAT project advances to production, scandium could become a high-margin bonus on top of a potential world-class copper-gold-cobalt operation.

Now that we’ve established the technical viability of scandium recovery, the next steps will focus on pushing extraction and overall recovery as high as possible through continued optimization and pilot-scale testing. I could not be more excited about what the future holds for Doubleview shareholders and all our stakeholders.”

The pictures below show the first Scandium Oxide (Sc₂O₃) produced from the Hat Deposit in the lab. Doubleview now plans to continue its metallurgical optimization program to enhance the recovery of scandium and other metals, including copper, cobalt, gold, and silver, which are critical for the upcoming prefeasibility study.

Photo 1: Scandium Oxide (Sc₂O₃) from the Hat deposit

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/275884_4b60eef9a4ae6b97_001full.jpg

Photo2: Scandium Oxide (Sc₂O₃) from the Hat deposit

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/275884_4b60eef9a4ae6b97_002full.jpg

Qualified Person:

EUR ING Andrew Carter B.Sc., CEng., MIMMM (QMR), MSAIMM, SME, Doubleview’s Qualified Person with respect to the HAT Project metallurgical studies as defined by National Instrument 43-101, has reviewed and approved the technical content of this news release and is independent of the Company.

What is Scandium?

Scandium (Sc) , (atomic weight 45.10, density 2.5), a close relative of the Rare Earth elements, possesses exceptional properties when alloyed with other metals, particularly aluminum. It is lightweight, corrosion-resistant, and as an alloy is capable of dramatically improving strength, heat resistance, and weldability without adding significant weight. When combined with aluminum, scandium forms alloys that achieve the strength of steel while maintaining the light weight of aluminum, enabling revolutionary applications in transportation, aerospace, and clean energy. Scandium’s scarcity, produced in limited quantities globally, primarily as a byproduct, makes it a high-value critical mineral, with prices often exceeding $5,000 per kilogram. Its applications span aerospace, defense, and increasingly, the clean energy sector, where it plays a pivotal role in advancing sustainable technologies. Global scandium resources are dominated by projects in Australia and northern Europe. Canadian deposits potentially can allow diversity of supply within a stable and mature mining jurisdiction.

About Doubleview Gold Corp

Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

For more information, please visit: www.doubleview.ca

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

Open  Pit  Model Hat			Average Grade					Metal Content
	Resource Category	Tonnage	CuEq	Cu	Co	Au	Ag	CuEq	Cu	Co	Au	Ag
		Mt	%	%	%	g/t	g/t	million  lb	million  lb	million  lb	thousand oz	thousand oz
In Pit	Indicated	150	0.408	0.221	0.008	0.19	0.42	1,353	733	28	929	2,045
	Inferred	477	0.344	0.185	0.009	0.15	0.49	3,619	1,945	91	2,328	7,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc₂O₃.

For further details of the MRE, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation (collectively, “forward-looking statements”). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company’s plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management’s estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company’s expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275884

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”), is a leading Canadian exploration company that is currently finalizing a Preliminary Economic Assessment (PEA) and updated Preliminary Resource Estimate (MRE) at its Hat Critical and Strategic Metals deposit in the so-called Golden Triangle of northwestern British Columbia. This News Release discusses the importance of Scandium, an important component of the Hat deposit.

The Hat deposit hosts significant scandium potential estimated at 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3, representing one of the world’s largest undeveloped scandium deposits. Doubleview anticipates releasing results from its 2-year metallurgical analysis program in the immediate future when details are received from its metallurgical consultants and laboratories. The Company anticipates the analysis will confirm high scandium recovery rates and enable its inclusion in the upcoming updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA), both of which are expected to be finalized before the end of 2025. As the global shift toward electrification accelerates, scandium emerges as a vital material for enhancing energy efficiency and supporting clean technologies. The Hat Project, with its unique polymetallic profile including copper, gold, cobalt, silver, and scandium, positions Doubleview to contribute significantly to this transition.

What is Scandium?

Scandium (Sc), (atomic weight 45.10, density 2.5), a close relative of the Rare Earth elements, possesses exceptional properties when alloyed with other metals, particularly aluminum. It is lightweight, corrosion-resistant, and as an alloy is capable of dramatically improving strength, heat resistance, and weldability without adding significant weight. When combined with aluminum, scandium forms alloys that achieve the strength of steel while maintaining the light weight of aluminum, enabling revolutionary applications in transportation, aerospace, and clean energy. Scandium’s scarcity, produced in limited quantities globally, primarily as a byproduct, makes it a high-value critical mineral, with prices often exceeding $5,000 per kilogram. Its applications span aerospace, defense, and increasingly, the clean energy sector, where it plays a pivotal role in advancing sustainable technologies. Global scandium resources are dominated by projects in Australia and northern Europe. Canadian deposits potentially can allow diversity of supply within a stable and mature mining jurisdiction.

The Hat Project: A Significant Scandium Deposit

At Doubleview’s Hat Project scandium is hosted by a large scale alkalic porphyry system that is one of the world’s very few scandium-bearing deposits. Recent drilling and resource updates, including the maiden Mineral Resource Estimate released in July 2024 and subsequent expansions announced in October 2025, have confirmed an increased footprint and potential volume for the polymetallic deposit. The Hat Deposit is distinguished by its robust mineralization, with scandium occurring with what the Company anticipates being economically viable concentrations of copper, gold, cobalt, and silver. Doubleview’s exploration, including mapping and geophysical and geochemical surveys and more than 100 drill holes, has outlined shallow and deep mineralized horizons, that confirm the deposit’s scale and its potential to become a leading source of base and precious metals, including not only copper and gold but also cobalt, silver and scandium.

Advanced Metallurgy and High Recovery Rates

Doubleview has made significant investment in metallurgical test work in support of its Hat Project with the objective of optimizing the efficient extraction and recovery of its component metals. High recoveries will enhance project economics by maximizing value from the ore. Notably, the Company’s ongoing metallurgical studies, as highlighted in recent progress updates, will refine these techniques further, ensuring environmentally responsible and cost-effective production.

Doubleview believes its Hat deposit’s polymetallic nature and physical characteristics offer a unique and very valuable advantage as scandium can be recovered as a secondary product alongside primary gold and copper production. The by-product concept minimizes incremental costs, leveraging the same mining and milling operations to unlock scandium’s value. By treating scandium as an enhancement to the core copper-gold operation, Doubleview can achieve diversified revenue streams while maintaining operational efficiency, transforming what could be a standalone challenge into a synergistic opportunity.

Scandium’s Value in the Electrification Economy

In the rapidly growing electrification economy, scandium may play a transformative role by enabling lighter, more efficient, and durable materials essential for electric vehicles (EVs), renewable energy systems, and advanced power generation. When alloyed with aluminum, scandium creates super-strong, lightweight composites that reduce vehicle weight by up to 20-30%, extend EV battery range, and improve overall energy efficiency. Outstandingly this is critical for the transportation industry’s push toward zero-emission where every gram saved translates to greater sustainability and cost savings.

Beyond EVs, scandium as a catalyst is a key component in solid oxide fuel cells (SOFCs), which generate clean electricity from hydrogen or natural gas with high efficiency and low emissions. Scandium-stabilized zirconia electrolytes in SOFCs enhance ionic conductivity, lower operating temperatures, and increase cell lifespan, making them ideal for distributed power generation in data centers, industrial facilities, and microgrids. As governments worldwide invest in hydrogen infrastructure and fuel cell technologies to meet net-zero goals, demand for scandium is projected to surge, potentially outstripping current global supply of around 15-20 tons annually. The Hat Project’s scandium resources align perfectly with this demand, offering a secure, domestic source to support the world’s clean energy ambitions.

“Scandium represents a game-changer for Doubleview and the broader electrification landscape,” said Farshad Shirvani, President and CEO of Doubleview Gold Corp. “Our Hat Project not only bolsters Canada’s critical minerals strategy but also positions us to deliver high-value materials that drive innovation in clean energy and transportation.”

Doubleview continues to advance the Hat Project through drilling, metallurgical optimization, and resource expansion, with plans for more updates in the coming weeks. Our metallurgical consultants will provide further progress reports that we will share in new releases.

About Doubleview Gold Corp
Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

For more information, please visit: www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

			Average Grade					Metal Content
Open Pit Model Hat	Resource Category	Tonnage	CuEq	Cu	Co	Au	Ag	CuEq	Cu	Co	Au	Ag
		Mt	%	%	%	g/t	g/t	million lb	million lb	million lb	thousand oz	thousand oz
In Pit	Indicated	150	0.408	0.221	0.008	0.19	0.42	1,353	733	28	929	2,045
	Inferred	477	0.344	0.185	0.009	0.15	0.49	3,619	1,945	91	2,328	7,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc₂O₃.

For further details of the MRE, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation (collectively, “forward-looking statements”). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company’s plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management’s estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company’s expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275302

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company” or “Doubleview”) is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the “Private Placement”) announced on November 7, 2025.

The second tranche consists of 2,016,286 units (the “Units”) at a price of $0.70 per Unit for aggregate gross proceeds of $1,411,400. Each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional Share at a price of $1.00 for a period of 24 months from the date of issue, subject to an accelerated expiry provision whereby the Company may accelerate the expiry date if the volume-weighted average trading price of the Shares on the TSX Venture Exchange is $1.25 or greater for any ten (10) consecutive trading days.

Combined with the first tranche that closed on November 7, 2025, the Company has now raised total gross proceeds of $7,181,400 under the Private Placement.

Insider Participation and Related Party Transaction

A director of the Company participated in the second tranche by subscribing for 350,000 Units ($245,000), representing approximately 17.3% of the second tranche. This participation constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), as the fair market value of the securities issued to the director does not exceed 25% of the Company’s market capitalization.

In connection with the second tranche, the Company paid finder’s fees to Research Capital Corporation consisting of $44,100 in cash and 63,000 non-transferable finder’s warrants issued on the same terms as the Warrants forming part of the Units.

All securities issued pursuant to the second tranche, including securities issued as finder’s fees, are subject to a statutory four-month and one-day hold period expiring March 19, 2026.

The Private Placement, including the insider participation described above, is subject to final acceptance of the TSX Venture Exchange.

Proceeds from the Private Placement will be used to advance the Company’s exploration program on its British Columbia projects, particularly the polymetallic Hat Project located in northwestern British Columbia, and for general working capital purposes.

About Doubleview Gold Corp

A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: A1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit
The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

Open  Pit  Model  Hat	Resource Category	Tonnage	Average Grade					Metal Content
			CuEq	Cu	Co	Au	Ag	CuEq	Cu	Co	Au	Ag
		Mt	%	%	%	g/t	g/t	million  lb	million  lb	million  lb	thousand oz	thousand oz
In Pit	Indicated	150	0.408	0.221	0.008	0.19	0.42	1,353	733	28	929	2,045
	Inferred	477	0.344	0.185	0.009	0.15	0.49	3,619	1,945	91	2,328	7,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc₂O₃.

For further details, please refer to the Company’s July 25, 2024 news release.

Qualified Person:
Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation (collectively, “forward-looking statements”). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company’s plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management’s estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company’s expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275145