Doubleview Gold Corp. (TSX.V: DBG | OTCQX: DBLVF) ("Doubleview" or the "Company") announces that following the historic US$400 million conditional loan commitment by the U.S. Department of War’s Office of Strategic Capital (OSC) to fund allied primary scandium infrastructure[1], the Company has initiated formal high-level strategic engagements with Canadian federal and provincial leadership.
The Company has submitted an official Strategic Policy Brief to the Right Honourable Mark Carney, Chair of the Prime Minister’s Economic Advisory Council, and the Honourable David Eby, Premier of British Columbia. The memorandum outlines immediate pathways to secure and fast-track the development of the Company’s flagship Hat Project, positioning British Columbia as a critical hub in the newly emerging Western G7 critical minerals and defense supply architecture.
The recent multi-million-dollar capital deployment by the United States government marks a decisive turning point in North American critical mineral sovereignty. Scandium is classified as a material of critical defense import due to its role in next-generation high-heat aluminum alloys used in aerospace, defense, and specialized national security applications.
Core Highlights of the Hat Project (BC Golden Triangle):
Farshad Shirvani, President and CEO of Doubleview, commented: "The unprecedented mobilization of hundreds of millions of dollars by the U.S. government for allied scandium development signals that the critical mineral race has entered an entirely new, high-velocity operational phase. Canada, and British Columbia specifically, holds the keys to Western security through generational deposits like the Hat Project. We are proactively engaging with Prime Minister Mark Carney and Premier David Eby's offices to ensure that domestic infrastructure capital, streamlined provincial permitting frameworks, and cross-border defense supply integrations are prioritized immediately to capitalize on this migrating G7 capital."
The Company plans to provide further corporate updates as its metallurgical optimization, Pre-Feasibility Study (PFS) preparations, and high-level intergovernmental coordination continue to advance.
Summary of Mineral Resource Estimate
Table 1: Hat MRE at 0.2% CuEq Cut-Off Effective February 4, 2026
|
Mineral |
Tonnage |
Average Grade |
Metal Content |
||||||||
|
CuEq |
Cu |
Au |
Co |
Ag |
CuEq |
Cu |
Au |
Co |
Ag |
||
|
Measured |
272 |
0.44 |
0.22 |
0.18 |
0.008 |
0.37 |
2.61 |
1.11 |
1.41 |
35.6 |
2.17 |
|
Indicated |
337 |
0.43 |
0.21 |
0.19 |
0.008 |
0.39 |
3.21 |
1.31 |
1.81 |
44.5 |
2.88 |
|
Total M+I |
609 |
0.43 |
0.21 |
0.18 |
0.008 |
0.38 |
5.82 |
2.42 |
3.22 |
80.1 |
5.05 |
|
Inferred |
503 |
0.41 |
0.18 |
0.19 |
0.008 |
0.38 |
4.57 |
1.72 |
2.77 |
66.2 |
4.19 |
Table 2: Hat MRE at 0.2% CuEq Cut-Off Effective February 4, 2026, Scandium Oxide Resources
|
Mineral |
Tonnage |
Sc Tonnage1 |
Average Grade |
Metal Content |
|
Measured |
272 |
34 |
28.79 |
1,081 |
|
Indicated |
337 |
42 |
28.76 |
1,334 |
|
Total M+I |
609 |
76 |
28.77 |
2,415 |
|
Inferred |
503 |
63 |
28.69 |
1,996 |
Qualified Person
Mineit Consulting Inc (Mineit) prepared the MRE in accordance with CIM Definition Standards on Mineral Resources and Reserves on Mineral Resources and Reserves. A Technical Report in support of the MRE will be filed on SEDAR+ (www.sedarplus.ca) within 45 days.
Tomasz Wawruch, FAusIMM, of Mineit, is the Qualified Person for the MRE, and has reviewed and approved the technical disclosure related to the MRE contained in this news release. Mr. Wawruch is a geology and mineral resource consultant independent of Doubleview. Gilles Arseneau, PhD., P.Geo of ARSENEAU Consulting Services Inc. provided an independent peer review of the MRE and did not identify any fatal flaws with the resource model prepared by Tomasz Wawruch.
With respect to the Hat Project metallurgical studies, EUR ING Andrew Carter, B.Sc., CEng., MIMMM QMR, MSAIMM SME, of Magister Metallurgy, is Doubleview’s Qualified Person, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects; he has reviewed and approved the technical contents of this news release. Mr. Carter is independent of Doubleview.
About the Hat Project
The Hat Project is a polymetallic copper-gold-cobalt-scandium project located in northwestern British Columbia. The project hosts a porphyry-style mineralized system and has been the subject of extensive drilling, geological modelling, metallurgical work, and technical studies. Doubleview continues to advance the Hat Project through exploration, technical evaluation, metallurgical test work, and environmental baseline programs.
About Doubleview Gold Corp
Doubleview Gold Corp, a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQX: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.
On behalf of the Board of Directors,
Farshad Shirvani, M.Sc. Geology
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.
Preliminary Economic Assessment Cautionary Statement
The Preliminary Economic Assessment (“PEA”) for the Hat Project is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The PEA provides a conceptual mine plan and is based on low-level technical and economic assessments that are insufficient to support an evaluation of the economic viability of the Project or to establish Mineral Reserves. There is no certainty that the results of the PEA will be realized. Further exploration and site-specific engineering studies are required before a higher level of confidence can be established for the Project’s economics. The economic analysis in the PEA is based on several assumptions including, but not limited to, long term metal prices, foreign exchange rates, metallurgical recoveries, and capital and operating cost estimates. These assumptions are subject to significant risks and uncertainties, and actual results may differ materially from those projected. Readers are cautioned not to place undue reliance on the PEA or the forward-looking information contained in this release.
The economic analysis in the PEA is based on several assumptions including, but not limited to, long term metal prices, foreign exchange rates, metallurgical recoveries, and capital and operating cost estimates. These assumptions are subject to significant risks and uncertainties, and actual results may differ materially from those projected. Readers are cautioned not to place undue reliance on the PEA or the forward-looking information contained in this release.
Forward Looking Statements
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.
This news release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes statements regarding the Company’s planned 2026 exploration program, drilling, metallurgical test work, environmental and hydrological studies, topographical mapping, future technical studies, possible mineral resource category conversion, possible deposit expansion, and future project advancement.
Forward-looking information involves known and unknown risks, uncertainties, and other factors which might cause actual results, performance, or achievements to differ from those expressed or implied by such information. These risks include exploration risk, metallurgical risk, permitting risk, financing risk, market risk, regulatory risk, weather-related delays, availability of contractors and equipment, laboratory timing, and the risk that drilling or technical work will not produce the expected results.
Mineral resource category conversion is not assured. Additional drilling does not guarantee conversion of Inferred mineral resources to Indicated mineral resources or Indicated mineral resources to Measured mineral resources. Step-out drilling does not guarantee expansion of the deposit. Future technical studies, including any Pre-Feasibility Study or Feasibility Study, remain subject to further work, financing, regulatory review, and technical results.
The Company does not undertake any obligation to update forward-looking information, except as required by applicable securities laws.
Notes:
1 Scandium tonnages represent 12.5% of the mineralized material by category, reflecting the proportion of tailings expected to be processed through a dedicated scandium leach circuit under current metallurgical design constraints.
2 Scandium oxide metal content have been calculated using the metallurgical recovery of 72% and conversion factor from Sc to Sc2O3 of 1.534.
[1] https://www.war.gov/News/Releases/Release/Article/4566598/office-of-strategic-capital-signs-400-million-conditional-loan-commitment-with/
Doubleview Gold Corp. ("Doubleview" or the "Company") is pleased to provide an update on its 2026 drill program at its 100%-owned Hat polymetallic porphyry project ("Hat" or the "Project") in northwestern British Columbia. Drill holes H109 through H112 at Pad 1, East of the Hat deposit, have reached their intended depth targets, with drill core intersecting Hat-style mineralization consistent with the broader mineralized system. Assay results are pending. The Company is now advancing drilling operations to Pad 2, Southwest of the Hat deposit.
Drill target locations for the 2026 program were developed through three independent technical methods. Four priority drill pad locations, Pad 1, Pad 2, Pad 3, and Pad 4, were consistently identified by all three methods, providing an exceptional level of convergence and geological confidence. The selected locations are designed to expand the mineral resource envelope and upgrade Inferred mineral resources toward the Indicated and Measured categories required to support a Pre-Feasibility Study.
CEO Comment
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: "What gives me the greatest confidence in our 2026 drill program is that three entirely independent technical evaluations - our geological team's interpretation, a rigorous quantitative resource confidence assessment, and a systematic AI analysis of our geophysical data, all pointed to the same four locations. That level of independent convergence is exceptional and speaks to the coherent, well-defined nature of the Hat system. Pad 1 has delivered exactly what we expected, and we are now advancing to Pad 2. Our objective in this program is strategic: to expand the resource and to provide the data necessary to convert Inferred tonnes into Indicated and Measured categories in support of future engineering and economic studies."
Highlights
2026 Target Selection Methodology
The Company pursued an accelerated, data-intensive approach to target selection for the 2026 drill program, with the objective of maximizing geological confidence in a single exploration season. Three complementary and independent target-generation methods were applied:
Geological Interpretation. Doubleview's geological team developed drill targets through an integrated review of the deposit's geological model, drill hole data, core logging, structural framework, alteration patterns, and the spatial distribution of mineralization. Target locations were selected to address areas with limited drill coverage and to test the lateral and depth continuity and expansion potential of the mineralized system.
Resource Confidence Assessment. Tomasz Wawruch, FAusIMM, of Mineit Consulting Inc., completed an independent quantitative resource confidence assessment using conditional simulation techniques. The study identified priority drill locations where additional drilling would most effectively reduce estimation uncertainty and support reclassification of mineral resources from Inferred toward Indicated and Measured categories, specifically those required for a defensible Pre-Feasibility Study.
AI-Assisted Geophysical Analysis. Doubleview commissioned DrillTargetAI to perform a systematic review of the Hat Project's induced polarization (IP) geophysical dataset. The analysis identified zones where high chargeability coincides with low resistivity, a signature consistent with the sulfide-bearing, copper-mineralized systems already confirmed at Hat. Candidate zones were restricted to areas located more than 180 metres from existing drill collars to prioritize untested ground, and were distributed across the target area to ensure targets test distinct portions of the anomaly. The analysis is grounded entirely in the Project's own geophysical data, rather than external or generic models.
The four priority pad locations, Pad 1, Pad 2, Pad 3, and Pad 4, represent locations where all three independent methods identify targets in close spatial agreement. This convergence provides a robust foundation of geological confidence for the 2026 program and serves as an independent validation of the coherent nature of the Hat mineralizing system.
Figure 1: Drill target priority areas and pad locations for the 2026 exploration program. The four selected pads (Pad 1-4) reflect the convergence of geological, statistical, and AI-assisted target assessment methods.
Figure 2: Compilation of proposed drill locations from all three independent target methods. Spatial convergence at four locations underpins the 2026 drill program selection.
Resource Context and Drilling Objectives
The Hat Project hosts a Mineral Resource Estimate with an effective date of February 25, 2026, comprising 609 Mt of Measured and Indicated Resources at 0.43% CuEq and 503 Mt of Inferred Resources at 0.41% CuEq (as previously disclosed February 25, 2026). Mineral resources are not mineral reserves and do not have demonstrated economic viability. The substantial Inferred resource component represents a meaningful opportunity to advance resource confidence through targeted, systematic drilling. The 2026 drill program is designed to provide the geological continuity and data density required to support conversion of Inferred resources to Indicated and Measured categories, and to test the expansion potential of the mineralized system beyond the current resource envelope in support of future engineering and economic studies.
Interactive 3D Hat Project Database
Doubleview has published a browser-based interactive three-dimensional technical database of the Hat deposit, incorporating drill hole data, geological interpretation, and resource modelling. The database is available to investors and technical stakeholders at
(desktop browser recommended).
The Company believes this tool provides an unprecedented level of transparency and technical insight into the scale and character of the Hat mineralized system.
Qualified Person
Tomasz Wawruch, FAusIMM, Senior Geology and Mineral Resource Consultant at Mineit Consulting Inc., is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Wawruch has reviewed and approved the technical content of this news release. He is independent of Doubleview.
About Doubleview Gold Corp.
Doubleview Gold Corp. is a mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQX: 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.
Doubleview maintains a website at www.doubleview.ca.
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
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.
Forward-Looking Information
Certain of the statements made and information contained herein may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding: the interpretation of drill core observations and visual mineralization intersected at Pad 1; anticipated assay results and their potential significance; the potential to convert Inferred mineral resources to Indicated or Measured categories through additional drilling; the potential expansion of the mineral resource beyond the current resource envelope; the outcomes and significance of the geological, statistical, and AI-assisted target assessment methods; the design, objectives, and anticipated outcomes of the 2026 drill program; the potential for future advancement to a Pre-Feasibility Study; and the anticipated progression of drilling to Pad 2 and subsequent pad locations.
Forward-looking statements are based on assumptions that management considers reasonable at the time they are made, including assumptions regarding geological continuity, future exploration results, metallurgical recoveries, metal prices, availability of financing, regulatory approvals, access to the property, and the Company's ability to complete future technical studies. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those projected. Such risks include, but are not limited to: risks associated with mineral exploration and development; uncertainty of geological interpretation; uncertainty of Mineral Resource estimation; volatility in metal prices; metallurgical and processing risks; permitting and environmental risks; title and access risks; financing risks; equipment availability; First Nations consultation and engagement; and other risks disclosed in the Company's public filings.
Except as required by 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.
NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Doubleview Gold Corp. (TSX-V: DBG; OTCQX: DBLVF), a mineral resource exploration and development company, has qualified to trade on the OTCQX® Best Market. Doubleview Gold Corp. upgraded to OTCQX from the OTCQB® Venture Market.
Doubleview Gold Corp. begins trading today on OTCQX under the symbol “DBLVF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:
"Beginning trading on the OTCQX Best Market represents an important milestone for Doubleview as we continue to expand our presence within the U.S. investment community. This advancement reflects our commitment to maintaining high standards of corporate governance, transparency, and timely disclosure while making our shares more accessible to a broader audience of U.S. investors. As we continue advancing our Hat Polymetallic Project in British Columbia, we look forward to increasing our visibility among institutional and retail investors who recognize the long-term potential of copper, gold, scandium, and other critical minerals."
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 OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID® Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB, OTC Overnight® and MOON ATS® are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
Doubleview Gold Corp. (“Doubleview” or the “Company”) is pleased to provide an update on ongoing technical and development work at its 100%-owned Hat Project in northwestern British Columbia. Following the Company’s June 9, 2026 announcement reporting assay results from drill holes H102 to H108, which extended Hat mineralization approximately 150 metres east beyond the known resource envelope, Doubleview is advancing a work program designed to support continued resource growth, technical de-risking and the next phase of project evaluation.
The Company’s current drilling program remains focused on increasing the size and confidence of the Hat deposit in support of an updated Mineral Resource Estimate (“MRE”) currently targeted for early 2027, while also generating information relevant to ongoing Pre-Feasibility Study (“PFS”) planning.
Highlights
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:
“The results we announced in June marked an important step forward for the Hat Project, and the ongoing drilling program is designed to build on that momentum. With mineralization now extended beyond the previously defined resource envelope, we are increasingly confident that Hat is moving toward the next stage of development. Our immediate objective is to support an updated Mineral Resource Estimate targeted for early 2027 while advancing the technical work necessary for pre-feasibility planning.”
“At the same time, we are progressing the parallel workstreams required to move a project of this scale forward responsibly and efficiently. These include optimizing the current drill plan, completing metallurgical program planning, initiating baseline environmental studies and maintaining the financial capacity to execute on our objectives.”
“We also believe the strategic relevance of Hat continues to strengthen. In a market where secure North American sources of critical minerals are becoming increasingly important, Hat’s exposure to copper, cobalt and scandium in a Canadian jurisdiction positions the Project as a potentially important long-term contributor to domestic and allied supply chains.”
Doubleview believes that recent developments in cobalt markets and North American critical minerals policy continue to underscore the long-term strategic value of polymetallic projects located in stable jurisdictions. While Hat remains an exploration and development-stage project, management believes its combination of copper, cobalt, scandium, gold and silver provides important exposure to metals that are increasingly relevant to electrification, industrial resilience and supply chain security.
The Company will provide further updates as technical planning advances and key milestones are reached.
PEA Snapshot - Hat Project
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 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.
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
Doubleview maintains a website at www.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.
Forward-Looking Information
Certain of the statements made and information contained herein may constitute “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding: the interpretation of drill results; the potential extension of mineralization; the identification and significance of the far east mineralized zone; the potential incorporation of drill holes after H101 into future geological models, Mineral Resource Estimates, Preliminary Economic Assessments or other economic studies; the potential for future conversion of Mineral Resources into higher confidence categories; future drilling plans; future exploration programs; the potential economic significance of scandium, cobalt, copper, gold and silver mineralization; and the continued advancement of the Hat Project.
Forward-looking statements are based on assumptions that management considers reasonable at the time they are made, including assumptions regarding geological continuity, future exploration results, metallurgical recoveries, metal prices, availability of financing, regulatory approvals, access to the property, and the Company’s ability to complete future technical studies. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those projected. Such risks include, but are not limited to: risks associated with mineral exploration and development; uncertainty of geological interpretation; uncertainty of Mineral Resource estimation; volatility in metal prices; metallurgical and processing risks; permitting and environmental risks; title and access risks; financing risks; equipment availability; First Nations consultation and engagement; and other risks disclosed in the Company’s public filings.
Except as required by 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.
Doubleview Gold Corp. (“Doubleview” or the “Company”) is pleased to report assay results that extend Hat’s gold-copper mineralization approximately 150m beyond the known resource envelope, opening a new exploration frontier the Company calls the Far East Zone. Drill holes H102–H108, completed during the Company’s 2025 drill program at its 100%-owned Hat Project in northwestern British Columbia, also returned standout gold-enriched intervals including 8.0m grading 4.04 g/t Au and 112.0m grading 0.40 g/t Au.
The 2025 drill program tested two distinct eastern areas of the Hat system, 233m apart. Holes H102–H105 add drill density and continuity data within and below the eastern side of the 2026 Preliminary Economic Assessment (PEA) pit shell, reinforcing the geological interpretation that underpins the Company’s existing resource. Holes H106–H108 delivered the headline result: a new mineralized corridor, the Far East Zone, identified approximately 150m east of the current resource envelope, with elevated gold grades pointing toward a distinct and compelling geological target for future drilling.
Drill holes H102-H108 were not completed in time to be incorporated into the Mineral Resource Estimate (MRE) with an effective date of February 4, 2026 or the PEA disclosed in March 2026. These assays do not constitute an updated MRE, mineral reserve estimate, pit optimization or economic analysis. The Company expects to evaluate the results in future mineral resource modelling and future engineering studies.
CEO Comment
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: “These results demonstrate that the Hat Project continues to grow beyond the mineralized footprint used in our recently completed Mineral Resource Estimate and Preliminary Economic Assessment. The discovery of the Far East Zone approximately 150 metres beyond the current mineralization envelope, together with multiple broad mineralized intervals and significant gold enrichment, reinforces our belief that Hat remains substantially underexplored. Importantly, none of these holes were included in the February 2026 Mineral Resource Estimate or March 2026 PEA. We believe these results further highlight the scale potential of the Hat Project and provide compelling targets for future resource growth and engineering studies.”
Highlights
Selected Assay Results
All reported intervals are drill core lengths. True widths have not been determined. Complete assay intervals are presented in Table 1.
Table 1: Summary of H102-H108 Drill Core Assay Intercepts
| DDH | Note | From (m) | To (m) |
Length (m) | CuEq (%) not incl Sc2O3 | Au (g/t) |
Cu (%) |
Ag (g/t) |
Co (g/t) | Sc2O3 (g/t) |
| H102 | 6.0 | 699.0 | 693.0 | 0.20 | 0.09 | 0.10 | 0.14 | 54 | 49.7 | |
| H102 | incl. | 246.0 | 699.0 | 453.0 | 0.23 | 0.10 | 0.12 | 0.16 | 55 | 54.1 |
| H102 | incl. | 252.0 | 257.0 | 5.0 | 0.83 | 0.37 | 0.43 | 0.41 | 201 | 28.4 |
| H102 | incl. | 348.0 | 696.0 | 348.0 | 0.25 | 0.11 | 0.13 | 0.19 | 47 | 53.9 |
| H102 | incl. | 348.0 | 394.0 | 46.0 | 0.35 | 0.13 | 0.20 | 0.19 | 78 | 62.1 |
| H102 | incl. | 527.0 | 528.0 | 1.0 | 5.46 | 2.25 | 3.30 | 11.00 | 292 | 28.5 |
| H102 | incl. | 681.5 | 699.0 | 17.5 | 1.25 | 0.67 | 0.64 | 0.69 | 60 | 44.1 |
| H103 | 9.0 | 540.0 | 531.0 | 0.20 | 0.10 | 0.09 | 0.15 | 67 | 39.8 | |
| H103 | incl. | 39.0 | 119.0 | 80.0 | 0.29 | 0.20 | 0.09 | 0.30 | 55 | 38.1 |
| H103 | incl. | 236.3 | 532.0 | 295.7 | 0.24 | 0.11 | 0.11 | 0.13 | 81 | 40.9 |
| H103 | incl. | 387.0 | 532.0 | 145.0 | 0.40 | 0.19 | 0.20 | 0.21 | 85 | 42.1 |
| H103 | incl. | 396.0 | 540.0 | 144.0 | 0.40 | 0.19 | 0.20 | 0.20 | 78 | 42.2 |
| H103 | incl. | 399.0 | 489.0 | 90.0 | 0.50 | 0.27 | 0.24 | 0.24 | 81 | 46.2 |
| H103 | incl. | 406.5 | 432.6 | 26.1 | 0.96 | 0.63 | 0.38 | 0.25 | 100 | 51 |
| H104 | 12.0 | 51.0 | 39.0 | 0.22 | 0.14 | 0.08 | 0.27 | 47 | 37.3 | |
| H104 | 425.0 | 684.0 | 259.0 | 0.39 | 0.16 | 0.23 | 0.31 | 60 | 44 | |
| H104 | incl. | 426.0 | 568.0 | 142.0 | 0.47 | 0.19 | 0.28 | 0.33 | 73 | 38.9 |
| H104 | incl. | 460.0 | 483.0 | 23.0 | 1.22 | 0.45 | 0.78 | 0.76 | 114 | 43.6 |
| H105 | 18.0 | 445.1 | 427.1 | 0.21 | 0.11 | 0.09 | 0.15 | 56 | 47.3 | |
| H105 | incl. | 187.0 | 388.6 | 201.6 | 0.26 | 0.11 | 0.14 | 0.16 | 67 | 54.6 |
| H105 | incl. | 197.0 | 268.2 | 71.2 | 0.35 | 0.16 | 0.18 | 0.25 | 84 | 45.4 |
| H105 | incl. | 360.0 | 388.6 | 28.6 | 0.45 | 0.22 | 0.24 | 0.16 | 52 | 53.1 |
| H106 | 18.0 | 462.0 | 444.0 | 0.29 | 0.19 | 0.10 | 0.12 | 53 | 42 | |
| H106 | incl. | 105.0 | 508.0 | 403.0 | 0.31 | 0.20 | 0.12 | 0.13 | 56 | 43.1 |
| H106 | incl. | 105.0 | 372.0 | 267.0 | 0.35 | 0.26 | 0.10 | 0.13 | 62 | 40.4 |
| H106 | incl. | 105.0 | 237.0 | 132.0 | 0.51 | 0.45 | 0.09 | 0.16 | 56 | 37.4 |
| H106 | incl. | 105.0 | 153.0 | 48.0 | 1.00 | 0.98 | 0.12 | 0.29 | 64 | 32.5 |
| H106 | incl. | 105.0 | 121.6 | 16.6 | 2.02 | 2.05 | 0.19 | 0.48 | 75 | 32.7 |
| H106 | incl. | 105.0 | 113.0 | 8.0 | 3.93 | 4.04 | 0.34 | 0.89 | 124 | 27.4 |
| H107 | 6.8 | 537.0 | 530.2 | 0.20 | 0.10 | 0.09 | 0.12 | 54 | 40.1 | |
| H107 | incl. | 107.0 | 570.0 | 463.0 | 0.21 | 0.10 | 0.10 | 0.12 | 59 | 41.2 |
| H107 | incl. | 107.0 | 537.0 | 430.0 | 0.23 | 0.11 | 0.11 | 0.12 | 60 | 40.7 |
| H107 | incl. | 107.0 | 167.0 | 60.0 | 0.35 | 0.31 | 0.06 | 0.11 | 50 | 38.6 |
| H107 | incl. | 107.0 | 129.2 | 22.2 | 0.57 | 0.54 | 0.08 | 0.17 | 53 | 36.3 |
| H107 | incl. | 299.0 | 528.0 | 229.0 | 0.25 | 0.09 | 0.16 | 0.16 | 64 | 42.7 |
| H107 | incl. | 299.0 | 354.0 | 55.0 | 0.41 | 0.13 | 0.26 | 0.27 | 95 | 47.5 |
| H107 | incl. | 471.0 | 528.0 | 57.0 | 0.39 | 0.13 | 0.25 | 0.25 | 59 | 49.7 |
| H108 | 15.0 | 150.0 | 135.0 | 0.39 | 0.35 | 0.06 | 0.20 | 40 | 37.1 | |
| H108 | incl. | 38.0 | 150.0 | 112.0 | 0.43 | 0.40 | 0.07 | 0.22 | 42 | 38.2 |
| H108 | And | 501.0 | 576.0 | 75.0 | 0.25 | 0.10 | 0.13 | 0.25 | 62 | 36.9 |
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).
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, a high value strategic alloy metal (customarily quoted as Sc2O3 ) that is present in small but highly important amounts in Hat mineralization.
Core samples are delivered securely to a fully accredited commercial laboratory and processed by industry-standard methods. Assays are received at irregular intervals, verified by reference to notes provided by our field crew, added to our database, and disseminated publicly by News Release.
Figure 1: Plan view showing drill holes H102-H108 relative to the 2026 PEA pit shell and the eastern side of the Hat mineralized system.
Figure 2: Cross-section through H102-H105 showing mineralized intervals within and below the eastern side of the 2026 PEA pit shell.
Figure 3: Cross-section through H106-H108 showing the Far East Zone. The section illustrates a mineralized horizon extending more than 250m vertically in this view.
Geological Interpretation
Results from H102-H105 provide additional information on continuity within and below the eastern side of the PEA pit shell. Figure 2 shows reported intervals extending more than 150m below the shell in this section. The new data increase drill coverage in areas relevant to future resource modelling and future assessment of mineral resource classification.
Results from H106-H108 identify the Far East Zone approximately 150m east of the existing mineralization envelope. The H106-H108 platform lies approximately 233m from the H102-H105 platform. Figure 3 illustrates the vertical extent of reported mineralization in the Far East Zone section. Additional drilling is required to determine the zone geometry, continuity and relationship to the broader Hat system.
H106-H108 are also notable for gold-enriched intervals. H106 returned 48.0m grading 0.98 g/t Au, including 16.6m grading 2.05 g/t Au and 8.0m grading 4.04 g/t Au. H108 returned 112.0m grading 0.40 g/t Au. These results provide geological vectors for follow-up work. The significance of the metal distribution will be assessed through further drilling and modelling.
Figure 4: Plan view of the 2026 PEA pit shell showing the East Zone and Far East Zone drill areas.
Figure 5: Three-dimensional perspective view looking west showing the 2026 PEA pit shell and the eastern 2025 drill areas.

Figure 6: Three-dimensional view looking west showing 2025 drill intercepts below the 2026 PEA pit shell.
Figure 7: Three-dimensional view looking north showing eastern drill intercepts relative to the 2026 PEA pit shell.
Table 2 summarizes coordinates of the recent drill holes.
Table 2: Drill Hole Locations and Orientations
Coordinates are reported in NAD83 / UTM Zone 9N.
|
DDH ID |
UTM-East (m) |
UTM-North (m) |
Elevation (m) |
Dip (°) |
Azimuth (°) |
Max-Depth (m) |
|
H102 |
348203 |
6453897 |
972 |
-88.47 |
0 |
732 |
|
H103 |
348203 |
6453897 |
972 |
-67.84 |
135 |
720 |
|
H104 |
348203 |
6453897 |
972 |
-75.79 |
167 |
702 |
|
H105 |
348203 |
6453897 |
972 |
-80.72 |
30 |
663 |
|
H106 |
348418 |
6453987 |
982 |
-89.11 |
0 |
651 |
|
H107 |
348418 |
6453987 |
982 |
-75.51 |
100 |
651 |
|
H108 |
348418 |
6453987 |
982 |
-75.06 |
170 |
648 |
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.
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.
Forward-Looking Information
Certain of the statements made and information contained herein may constitute “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding: the interpretation of drill results; the potential extension of mineralization; the identification and significance of the far east mineralized zone; the potential incorporation of drill holes H102 to H108 into future geological models, Mineral Resource Estimates, Preliminary Economic Assessments or other economic studies; the potential for future conversion of Mineral Resources into higher confidence categories; future drilling plans; future exploration programs; the potential economic significance of scandium, cobalt, copper, gold and silver mineralization; and the continued advancement of the Hat Project.
Forward-looking statements are based on assumptions that management considers reasonable at the time they are made, including assumptions regarding geological continuity, future exploration results, metallurgical recoveries, metal prices, availability of financing, regulatory approvals, access to the property, and the Company’s ability to complete future technical studies. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those projected. Such risks include, but are not limited to: risks associated with mineral exploration and development; uncertainty of geological interpretation; uncertainty of Mineral Resource estimation; volatility in metal prices; metallurgical and processing risks; permitting and environmental risks; title and access risks; financing risks; equipment availability; First Nations consultation and engagement; and other risks disclosed in the Company’s public filings.
Except as required by 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.
Review Focused Primarily on a Potential Sale of the Company to Unlock the Full Value of the Tier-1 Scale Hat Polymetallic Project
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (Berlin: A1W038) (Frankfurt: 1D4) ("Doubleview" or the "Company") is pleased to announce that it has appointed Canaccord Genuity Corp. ("Canaccord Genuity") as financial advisor in connection with a formal strategic review process (the "Review"). The Review has been initiated by Doubleview with a primary focus on potential sales of the Company, with a view to maximizing shareholder value.
The Review will explore and evaluate a broad range of strategic and financial options, which may include a potential sale of the Hat Project or other near-term alternatives, a merger, amalgamation, plan of arrangement, joint venture, business combination, recapitalization, special dividend, strategic investments (including potential participation from government-backed entities and sovereign wealth funds), or such other transaction as the Board determines is in the best interests of the Company and its shareholders.
Canaccord Genuity will provide comprehensive advisory services throughout the Review, including financial analysis and valuation, transaction structuring, merger modelling, negotiation support, market monitoring, and, if requested by the Board, fairness opinions. The engagement also provides Doubleview with access to Canaccord Genuity's extensive global network of strategic and financial counterparties across the gold, copper, and critical minerals sectors.
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:
“The Hat Project has delivered a robust Preliminary Economic Assessment with an after-tax NPV(5%) ranging from C$6.73 billion to C$7.27 billion at consensus metal prices and C$13.53 billion to C$14.85 billion at spot metal prices, and an IRR ranging from 19% to 39%, demonstrating exceptional economics and significant critical-minerals exposure, including potential value contribution from a scandium and cobalt recovery circuit. Engaging Canaccord Genuity to lead a formal strategic review process allows the Board to thoroughly and independently evaluate all available options to unlock the full value of the Hat Polymetallic Project in British Columbia's Golden Triangle for the benefit of our shareholders and stakeholders. We believe the current strong commodities environment and the global focus on critical minerals supply security make this an opportune moment to pursue this process."
The Company cautions that the Hat Project Preliminary Economic Assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the results of the Preliminary Economic Assessment will be realized.
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.
Review Process and Timing
There is no defined timetable for the completion of the Review. The Company does not intend to make further public announcements regarding the Review unless and until such a disclosure is required. The Company cautions that there can be no assurance that the Review will result in any transaction or, if a transaction is undertaken, as to the terms, structure, timing, or completion of such transaction.
About the Hat Project
The Hat Project is a polymetallic copper-gold-cobalt-scandium project located in northwestern British Columbia. The project hosts a porphyry-style mineralized system and has been the subject of extensive drilling, geological modelling, metallurgical work, and technical studies. Doubleview continues to advance the Hat Project through exploration, technical evaluation, metallurgical test work, and environmental baseline programs.
About Doubleview Gold Corp
Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.
On behalf of the Board of Directors,
Farshad Shirvani, M.Sc. Geology
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.” Forward-looking information involves known and unknown risks, uncertainties, and other factors which might cause actual results, performance, or achievements to differ from those expressed or implied by such information. There is no assurance the forward-looking information will occur. Statements hereto include the results of the Preliminary Economic Assessment for the Hat Project; the estimation of mineral resources; metal prices; the after-tax NPV and IRR of the Hat Project and references to exploration, technical evaluation, metallurgical test work, and environmental baseline programs. 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.
Additional forward-looking information in this news release, includes references to the strategic review process and in particular, a potential sale of the Hat Project or other near-term alternatives, a merger, amalgamation, plan of arrangement, joint venture, business combination, recapitalization, special dividend, strategic investments (including potential participation from government-backed entities and sovereign wealth funds). There is no guarantee or certainty that there will be a potential sale of the Hat Project or other near-term alternatives, a merger, amalgamation, plan of arrangement, joint venture, business combination, recapitalization, special dividend, strategic investments (including potential participation from government-backed entities and sovereign wealth funds). Further, there is no guarantee that Canaccord Genuity's advisory services will provide any benefit to the Company or that its extensive global network of strategic and financial counterparties across the gold, copper, and critical minerals sectors will bring any benefit to the Company. Accordingly, readers are advised not to place undue reliance on forward-looking information. Even if a sale or near-term alternative agreement were reached, its completion would be subject to significant risks including the possibility that any necessary regulatory or shareholder approvals would not be obtained, or that any conditions to completion would be achieved. Readers are cautioned to consider these risks when evaluating this information.
Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") wishes to clarify its earlier release of May 28, 2026 announcing the grant of options to certain officers, directors and consultants of the Company.
The Options were granted as at May 27, 2026 not May 28, 2026. All other terms and conditions as announced remain the same.
The Stock Options were issued pursuant to the terms of the Company's rolling 10% stock option plan, which was most recently approved by the shareholders of the Company on January 23, 2026.
The Stock Options and any common shares of the Company issued upon exercise of the Stock Options will be subject to a four-month resale restriction from the date of grant of the Stock Options.
ABOUT DOUBLEVIEW GOLD CORP.
Doubleview Gold Corp., a mineral resource exploration and development company based in Vancouver, British Columbia, Canada, is publicly traded on the TSX Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (WKN: A1W038) (FSE: 1D4). Doubleview identifies, acquires, and finances precious and basemetal exploration projects in North America, particularly in British Columbia. The Company increases shareholder value through the acquisition and exploration of quality gold, copper, cobalt, scandium, and silver properties-collectively critical minerals-and through the application of advanced, state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk.
For further information please contact:
Doubleview Gold Corp Vancouver, BC
Farshad Shirvani President & CEO
Institutional Line: (604) 607-5470
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.
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") announces that it has granted an aggregate of 3,210,000 stock options ("Options") to purchase common shares of the Company ("Common Shares") to certain officers, directors and consultants of the Company.
The Options were granted on May 28, 2026 and have a term of three years and vest on the day of the grant with the exception of 50,000 which shall vest in 12 months from the grant date. The Options may be exercised at a price of $2.55 per Common Share.
The Stock Options were issued pursuant to the terms of the Company's rolling 10% stock option plan, which was most recently approved by the shareholders of the Company on January 23, 2026.
The Stock Options and any common shares of the Company issued upon exercise of the Stock Options will be subject to a four-month resale restriction from the date of grant of the Stock Options.
About the Hat Project
The Hat Project is a polymetallic copper-gold-cobalt-scandium project located in northwestern British Columbia. The project hosts a porphyry-style mineralized system and has been the subject of extensive drilling, geological modelling, metallurgical work, and technical studies. Doubleview continues to advance the Hat Project through exploration, technical evaluation, metallurgical test work, and environmental baseline programs.
About Doubleview Gold Corp
Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (WKN: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.
On behalf of the Board of Directors,
Farshad Shirvani, M.Sc. Geology
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.
This news release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes statements regarding the Company's planned 2026 exploration program, drilling, metallurgical test work, environmental and hydrological studies, topographical mapping, future technical studies, possible mineral resource category conversion, possible deposit expansion, and future project advancement.
Forward-looking information involves known and unknown risks, uncertainties, and other factors which might cause actual results, performance, or achievements to differ from those expressed or implied by such information. These risks include exploration risk, metallurgical risk, permitting risk, financing risk, market risk, regulatory risk, weather-related delays, availability of contractors and equipment, laboratory timing, and the risk that drilling or technical work will not produce the expected results.
Mineral resource category conversion is not assured. Additional drilling does not guarantee conversion of Inferred mineral resources to Indicated mineral resources or Indicated mineral resources to Measured mineral resources. Step-out drilling does not guarantee expansion of the deposit. Future technical studies, including any Pre-Feasibility Study or Feasibility Study, remain subject to further work, financing, regulatory review, and technical results.
The Company does not undertake any obligation to update forward-looking information, except as required by applicable securities laws.
Doubleview Gold Corp. (TSX.V: DBG / OTC: DBLVF / GERMANY: A1W038) (the “Company or “Doubleview) is pleased to announce the start of its most advanced exploration, environmental, metallurgical, and technical work program to date at its Hat polymetallic deposit, located in northwestern British Columbia.
The 2026 field season has started a coordinated program designed to support ongoing technical studies, advance project understanding, and provide additional geological, metallurgical, environmental, and engineering data for future study stages, including potential Pre-Feasibility Study and Feasibility Study work.
The initial phase of the program includes preparation and shipment of approximately 14 tonnes of mineralized sample material for metallurgical test work. Details of the metallurgical program, including sample selection, test objectives, laboratory work, and expected scope of study, will be announced in a future news release. The work may require several months to complete.
Doubleview has also started the installation of weather monitoring stations to support environmental baseline and hydrological studies. These stations will collect site-specific data to assist with water balance work, climate records, hydrological interpretation, and future project planning.
The Company, as part of its collection of high quality data for engineering, infrastructure planning, environmental assessment and other technical studies, will prepare detailed topographical surface maps of the Hat Property and nearby areas for use in engineering, infrastructure planning, environmental assessment, and future technical studies, including possible Pre-Feasibility and Feasibility level work.
Drilling Program
Doubleview expects to begin drilling immediately as part of the 2026 exploration program. The planned drilling has several objectives:
The drilling program will almost certainly provide critical data that will allow promotion of certain mineral resources from lower confidence categories to higher confidence categories such as, for instance, upgrades of Inferred mineral resources to Indicated mineral resources, and possibly, even boost the Measured mineral resources.
The step-out and perimeter drilling will test areas adjacent to the known deposit where the geological model indicates expansion potential and yield data vital to mine planning
Doubleview is well funded to carry out the planned 2026 program. The Company currently has more than C$13 million in cash and no debt, giving it the financial strength to proceed with the above-outlined program of metallurgy, drilling, environmental and hydrological studies, detailed topographical mapping, and engineering support work.
Farshad Shirvani, President and CEO of Doubleview, stated:
“The Hat Project has reached an important technical stage. This season is not only about drilling more metres. It is about collecting essential data for metallurgical, environmental, engineering, topographic, hydrologic, and mineral resource confirmation. The 14 tonne metallurgical sample, the weather stations, the detailed topographic work, and the planned drilling program are all part of a broadened technical approach to move the Hat Project forward in a disciplined and responsible manner.”
Mr. Shirvani continued:
“The Hat deposit is a large polymetallic system with robust proven potential for copper, gold, cobalt, scandium and other critical and precious metals. Our work in the 2026 season will improve the quality of our extensive database and support the next stages of technical studies. We intend to continue advancing the project with quality technical work and responsible exploration practices.”
Technical and Study Objectives
The 2026 program is expected to contribute to several key technical areas, including:
The Company cautions investors that a decision to proceed to a Pre-Feasibility Study or Feasibility Study will require appropriate technical, economic, environmental, and corporate review.
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.
Brief Summary of PEA Results
On March 2, 2026, Doubleview announced positive PEA results for the Hat Project, which were clarified on March 23, 2026. On April 14, 2026, the Company announced the filing on SEDAR of the independent National Instrument 43-101 technical report titled “Preliminary Economic Assessment of the Hat Polymetallic Project, British Columbia, Canada.”
The PEA outlined strong project economics, including an after-tax NPV(5%) of C$6.73 billion and an IRR of 23% at consensus metal prices. At spot metal prices, the PEA reported an after-tax NPV(5%) of C$13.53 billion and an IRR of 39%.
The PEA also included a scenario with scandium and the associated processing circuit. Under this scenario, the PEA reported an after-tax NPV(5%) of C$7.27 billion and an IRR of 19% at consensus metal prices, and an after-tax NPV(5%) of C$14.85 billion and an IRR of 32% at spot metal prices.
About the Hat Project
The Hat Project is a polymetallic copper-gold-cobalt-scandium project located in northwestern British Columbia. The project hosts a porphyry-style mineralized system and has been the subject of extensive drilling, geological modelling, metallurgical work, and technical studies. Doubleview continues to advance the Hat Project through exploration, technical evaluation, metallurgical test work, and environmental baseline programs.
About Doubleview Gold Corp
Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.
On behalf of the Board of Directors,
Farshad Shirvani, M.Sc. Geology
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.
This news release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes statements regarding the Company’s planned 2026 exploration program, drilling, metallurgical test work, environmental and hydrological studies, topographical mapping, future technical studies, possible mineral resource category conversion, possible deposit expansion, and future project advancement.
Forward-looking information involves known and unknown risks, uncertainties, and other factors which might cause actual results, performance, or achievements to differ from those expressed or implied by such information. These risks include exploration risk, metallurgical risk, permitting risk, financing risk, market risk, regulatory risk, weather-related delays, availability of contractors and equipment, laboratory timing, and the risk that drilling or technical work will not produce the expected results.
Mineral resource category conversion is not assured. Additional drilling does not guarantee conversion of Inferred mineral resources to Indicated mineral resources or Indicated mineral resources to Measured mineral resources. Step-out drilling does not guarantee expansion of the deposit. Future technical studies, including any Pre-Feasibility Study or Feasibility Study, remain subject to further work, financing, regulatory review, and technical results.
The Company does not undertake any obligation to update forward-looking information, except as required by applicable securities laws.
Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce that it has filed the independent National Instrument 43-101 Technical Report entitled “Preliminary Economic Assessment of the Hat Polymetallic Project, British Columbia, Canada” (the “Technical Report”) on SEDAR+ at www.sedarplus.ca and it can also be viewed on the Company’s website at www.doubleview.ca. The Technical Report supports the positive Preliminary Economic Assessment (“PEA”) results for the Company’s 100%-owned Hat polymetallic porphyry project (“Hat” or the “Project”), located in northwestern British Columbia, as announced on March 2, 2026 and clarified on March 23, 2026.
The PEA demonstrates robust project economics for the Hat Project, including:
NPV:
NPV Including scandium and the associated processing circuit:
Three processing scenarios were evaluated-Scenario A1 (A1) a Cu-Au-Ag-Co flotation base case using current testwork recoveries1, Scenario A2 (A2), the same base case using expected recoveries1, and Scenario B (B), a Cu-Au-Ag-Co flowsheet with an added hydrometallurgical circuit and scandium recovery circuit, with results indicating the Project is financially attractive even without the scandium component.
Highlights:
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: “The filing of the full PEA Technical Report solidifies the robust economics outlined in March. With an after-tax NPV(5%) reaching up to C$7.27 billion at consensus prices and up to C$14.85 billion at spot prices, we believe the Hat Project is emerging as a Tier 1 asset. It is a large-scale, long-life polymetallic opportunity in a premier jurisdiction with strong exposure to critical metals including copper, scandium and cobalt. We look forward to advancing this strategic asset toward pre-feasibility while continuing to unlock value from its copper, gold, scandium and cobalt potential.”
The Company cautions that the PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Qualified Persons
The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The scientific and technical information contained in this news release has been reviewed and approved by the following Qualified Persons, each responsible for their respective areas of the Technical Report:
Doubleview acknowledges that the Project is located on the traditional territories of the Tahltan Nation and the Taku River Tlingit First Nation, and recognizes their enduring relationship to and stewardship of the land and waters. Doubleview is committed to respectful, transparent, and ongoing engagement with First Nations and local communities whose territories overlap the Project area and access routes, with a focus on protecting water and the environment and advancing responsible development.
Readers are encouraged to review the full Technical Report on the Company’s website at www.doubleview.ca and on SEDAR+ at www.sedarplus.ca for complete details, assumptions, risks, sensitivities, and qualifications.
About Doubleview Gold Corp.
Doubleview Gold Corp., a mineral resource exploration and development company based in Vancouver, British Columbia, Canada, is publicly traded on the TSX Venture Exchange (TSXV: DBG), the OTCQB (DBLVF), the Berlin Stock Exchange (GER: A1W038), and the Frankfurt Stock Exchange (1D4). Doubleview identifies, acquires, and finances precious and base metal exploration projects in North America, particularly in British Columbia. The Company increases shareholder value through the acquisition and exploration of quality gold, copper, cobalt, scandium, and silver properties-collectively critical minerals-and through the application of advanced, state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani
President & CEO
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
Institutional Line: (604) 607-5470
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 Mineral Resource Estimate 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.