Doubleview Gold Corp. – BusinessNews.ph

Doubleview Gold Corp. Announces Positive Preliminary Economic Assessment for the Hat Project; Robust Base-Case Economics with Strategic Scandium Upside

NPV:

After-tax NPV(5%) of C$6.73 billion and IRR of 23% at Consensus Metal Prices
After-tax NPV(5%) of C$13.53 billion and IRR of 39% at Spot Metal Prices.

NPV Including scandium and the associated processing circuit:

After-tax NPV(5%) of C$6.94 billion an IRR of 19% at Consensus Metal Prices
After-tax NPV(5%) of C$14.52 billion and IRR of 32% at Spot Metal Prices.

Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce the results of its Preliminary Economic Assessment (PEA) of its 100%-owned polymetallic Hat porphyry project (“Hat” or “the Project”), in northwestern British Columbia. With major content of copper, gold, cobalt, silver, and scandium, Hat becomes an important source of critical minerals.

Three processing scenarios were evaluated-Scenario A1 (A1) a Cu-Au-Ag-Co flotation base case using current testwork recoveries[1], 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:

Robust Project Economics: The PEA demonstrates a high-margin operation with an After-Tax NPV(5%) of C$4.96 billion (A1), C$6.73 billion (A2), or C$6.94 billion (B), and an IRR of 19% (A1), 23% (A2), or 19% (B) at analyst consensus metal prices[2]. Using a spot-price scenario[3], the Project delivers a compelling after-tax NPV(5%) of C$11.05 billion (A1), 13.53 billion (A2), or C$14.52 billion (B) and an IRR of 34% (A1), 39% (A2), or 32% (B).

Sensitivity Highlight: Project economics show the greatest leverage to overall metal prices, with NPV (5%) ranging from C$3.2 billion to C$10.2 billion (IRR: 14%-32%) at ±20% on all metals; even under additional +20% CAPEX and +20% OPEX sensitivities, applied on top of a 25% contingency already embedded in the base case, all scenarios deliver IRRs of 16% or better, and Scenario B provides additional scandium oxide upside with NPV(5%) of C$6.2 billion-C$7.7 billion (IRR: 18%-20%) at ±40% metal price.

Tier 1 Scale and Longevity: The mine plan supports a multi-decade life of 25 years at a 120,000 tonnes-per-day processing rate, underpinned by a resource base of 609 Mt at 0.43% CuEq[4] in the Measured and Indicated categories and 503 Mt at 0.41% CuEq4 in the Inferred category.

High-Output Production Profile B: Envisioned as a conventional large-scale open-pit operation, the Project is expected to produce an average of over 74 kt of copper, 254 koz of gold, 376 koz of silver and 2.7 kt of cobalt annually during the first 10 years, with life-of-mine (LOM) average production of 67.6 kt Cu, 217 koz Au, 348 koz Ag, 2.5 kt Co, and 128 tonnes of scandium oxide per year. (NOTE: projected cobalt to be about 68% of North America’s cobalt production based on 2024 production)

Strategic Importance for Critical Minerals: The Project is positioned as a primary North American source of copper, scandium, and cobalt. With approximately 2.42 billion pounds of copper, 80 million pounds of cobalt and 2,415 tonnes of scandium oxide contained[5] in the Measured and Indicated categories, the Project represents an important discovery of critical minerals.

Stable, Supportive Jurisdiction: Located in a premier mining district in British Columbia, the Project benefits from a stable regulatory environment. The Company is committed to engaging with local First Nations in a respectful manner and to working toward positive and constructive relationships as the Project advances.

Catalyst for Development: The PEA serves as the technical foundation for an immediate transition into a Pre-Feasibility Study (PFS), providing a clear roadmap for early works and permitting activities in 2026 and 2027.

Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented, “The results of this PEA confirm the scale, strength and long-term potential of the Hat Project. Delivering a post-tax NPV(5%) of up to C$6.94 billion and IRR of up to 23% at consensus prices, and even stronger metrics at spot prices, validates years of disciplined exploration and technical work by our team. Hat is demonstrating Tier 1 characteristics with a 25-year mine life, strong annual production profile and meaningful free cash flow generation. Importantly, the Project stands on its own without reliance on scandium, while still preserving significant upside from critical minerals as markets mature. We are excited to advance Hat to Pre-Feasibility and continue building a major Canadian critical metals project.”

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.

PEA OVERVIEW

The PEA contemplates a conventional open-pit mine and processing operation with a 25-year mine life at a 120,000 t/d (42 Mt/a) plant throughput. Two processing pathways were evaluated, A1 and its alternative, A2, and B: the first alternative, A, is a Cu-Au-Ag-Co flotation concentrator with two recovery cases based on current metallurgical testwork, and A2, reflecting expected performance (Figure 1); and B, a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit (Figure 2).

The tailings storage facility is a centreline-raised facility built with compacted cycloned sand from tailings underflow, and engineered drainage for stability, with site-contact waters (including seepage and pit dewatering) recycled to the process plant and final closure involving pond drainage and reclamation. The Project is expected to rely on grid power via an extended transmission line.

Tables 1 to 3 summarize the key results of the PEA, including production, operating costs, capital expenditures, and the principal financial metrics; the sections that follow provide additional detail on the underlying assumptions, project design, and study outcomes.

MINERAL RESOURCE ESTIMATE

Doubleview Gold Corp announced an update of the Mineral Resource estimate (MRE). This estimate followed the Micon International Ltd. (Micon) Mineral Resource estimate with an effective date of July 17, 2024. This MRE incorporates significant new data from the 2024 and 2025 exploration campaigns, with an effective date of February 4, 2026, and superseded the 2024 Micon estimate.

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.

March 3, 2026

Doubleview Gold Corp. Reports Updated Mineral Resource Estimate as of February 25, 2026 Including a Copper Equivalent Mineral Resource: 609 (Mt) of Measured and Indicated Resources at 0.43% CuEq containing CuEq 5.82 Billion lbs. 503 (Mt) of Inferred Resources at 0.41% CuEq containing CuEq 4.57 Billion lbs

Resource estimate highlights:

Measured Mineral Resources of 272 million tonnes (Mt), Indicated Mineral Resources of 337 Mt, and Inferred Mineral Resources of 503 Mt at a 0.2% copper equivalent (CuEq) cut-off grade, or
272 Mt of Measured Mineral Resources, expressed in contained metal, total 2.61 billion pounds (Blb) of copper equivalent (CuEq) at 0.44% CuEq, including 1.11 Blb of copper, 35.6 million pounds (Mlb) of cobalt, 1.41 million ounces (Moz) of gold, and 2.17 Moz of silver. (Table 1)
337 Mt of Indicated Mineral Resources, expressed in contained metal, total 3.21 Blb of 0.43% CuEq, including 1.31 Blb of copper, 44.5 Mlb of cobalt, 1.81 Moz of gold, and 2.88 Moz of silver. (Table 1)
509 Mt of Inferred Mineral Resources, expressed in contained metal, total 4.57 Blb of 0.41% CuEq, including 1.72 Blb of copper, 66.2 Mlb of cobalt, 2.77 Moz of gold, and 4.19 Moz of silver. (Table 1)
Scandium Resource: The deposit hosts 609 Mt in the Measured and Indicated categories (containing approximately 17,510 tonnes of scandium) and 504 Mt in the Inferred category (containing approximately 14,465 tonnes of scandium). Scandium has been incorporated into the Mineral Resource Estimate and under current processing constraints, is limited to 12.5% of tailings using internally generated acid. The scandium resource is estimated at 76 Mt Measured and Indicated at 28.8 g/t Sc (containing 2,189 tonnes of scandium) and 63 Mt Inferred at 28.7 g/t Sc (containing 1,808 tonnes of scandium).

Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce the update of the Mineral Resource estimate (MRE) of its 100%-owned polymetallic Hat porphyry project (Hat), in northwestern British Columbia. With major content of copper, gold, cobalt and silver, as well as scandium, Hat becomes an important source of critical minerals.

Farshad Shirvani, president and CEO of Doubleview Gold Corp commented, “Year by year, the size of the deposit was increased by very targeted drilling, bringing it to a footprint of about 1.6 km by 1.6 km. I appreciate my technical and management team in this endeavour. We’ve discovered numerous additional elements within the Hat deposit that will soon be unveiled, each further showcasing the deposit’s uniqueness and enhancing the resource.”

Summary of MRE for Hat Deposit:

Table 1: Hat MRE at a 0.2% CuEq Cut-Off Effective February 4, 2026,
(Base-Case Scenario to be Presented in the Technical Report)

Mineral Resource Classification	Tonnage (Mt)	Average Grade					Metal Content
Mineral Resource Classification	Tonnage (Mt)	CuEq (%)	Cu (%)	Au (g/t)	Co (%)	Ag (g/t)	CuEq (Blb)	Cu (Blb)	Au (Moz)	Co (Mlb)	Ag (Moz)
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 a 0.2% CuEq Cut-Off as of February 4, 2026, Scandium Oxide Resources

Mineral Resource Classification	Tonnage (Mt)	Sc Tonnage¹ (Mt)	Average Grade Sc (g/t)	Metal Content Sc₂O₃²(t)
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

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.

Mineit’s Qualified Person, Tomasz Wawruch, FAusIMM, completed the MRE, and has reviewed and approved the technical disclosure related to the MRE contained in this news release. Mr. Wawruch is a senior geology and mineral resource consultant independent of Doubleview. Mr. Gilles Arseneau, PhD., P.Geo., of ARSENEAU Consulting Services Inc., provided an independent review of this MRE.
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves.
The Mineral Resource Estimate was prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards for Mineral Resources and Mineral Reserves (2014), and CIM MRMR Best Practice Guidelines (2019).
The effective date of the MRE is February 4, 2026.
Metal contents have been calculated using the following metallurgical recovery factors: Cu = 85%, Au = 89%, Co = 78%, and Ag = 68%.
Economic assumptions used include US$4.80/lb Cu, US$20.00/lb Co, US$3,200/oz Au, US$46/oz Ag, and a 2% NSR royalty.
Mineral Resources are reported within optimized open pit constraints and 0.2% CuEq cut-off grade, based on a C$7.93/t milled processing cost and C$2.90/t milled general and administrative cost, with a mining cost of C$3.01/t plus incremental mining cost increasing by C$0.015/t for every bench below the reference level of 1,125 mRL.
CuEq calculations do not include scandium. The formula used to calculate CuEq is:
CuEq = [(((Ag × 46.0 × 0.68)/31.1035) + ((Au × 3200 × 0.89)/31.1035) + 0.0001 × (Co × 20.0 × 0.78 × 22.0462) + 0.0001 × (Cu × 4.8 × 22.0462 × 0.85))/(4.8 × 22.0462 × 0.85)], where all input variables are expressed in (ppm) and CuEq is expressed in percent (%).
Rounding may result in minor variations between individual values and totals; such differences are not considered material to the MRE.
Mineral Resource classification reflects the level of geological confidence and satisfies the uncertainty criteria appropriate for exploration and resource development. Additional drilling will be required to reduce uncertainty to the level expected for production planning.
The MRE reflects the geological interpretation, drill-hole spacing, and estimation parameters available at the time of modelling. Any additional drilling is expected to influence the current outcome by improving confidence in the estimates and refining the geometry of the mineralized domains.
The Mineral Resource results are presented in situ within the optimized pit. Mineralized material outside the pit has not been considered as a part of the current MRE tabulation. Calculations used metric units (metres, tonnes, g/t).
A total of 97 diamond drill holes, comprising 49,548 m of core, were incorporated into the Mineral Resource Estimate. All drilling data used in the MRE were subject to standard QA/QC validation prior to inclusion.
The block model is defined relative to a model origin at UTM Zone 9N 346,750 E / 6,453,000 N / 0 (NAD 83). Parent blocks measure 15 × 15 × 15 m, totalling 136 × 150 × 75 blocks across extents of 2,040 m (X), 2,250 m (Y), and 1,125 m (Z). All volumes and estimates are constrained by these discretization parameters.

Figure 1: Plan View at 715 m ASL of the Block Model Showing the Distribution of Equivalent Copper Grade Within the Optimized 120 Kilotonne per Day (kt/d) Pit Shell Outline (UTM Zone 9N [NAD 83])

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/285247_b57c38042424daa0_001full.jpg

Figure 2: Cross-Section of East 348000 Looking West of the Block Model Showing the Distribution of Equivalent Copper Grade Within the Optimized 120 kt/d Pit Shell Outline (UTM Zone 9N [NAD 83])

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/285247_b57c38042424daa0_002full.jpg

Figure 3: Plan View at 715 m ASL of the Block Model Showing the Distribution of Equivalent Copper Classification Within the 120 kt/d Optimized Pit Shell Outline (UTM Zone 9N [NAD 83])

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/285247_b57c38042424daa0_003full.jpg

Figure 4: Cross-Section of East 348000 Looking West of the Block Model Showing the Distribution of Equivalent Copper Classification Within the 120 kt/d Optimized Pit Shell Outline (UTM Zone 9N [NAD 83])

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/285247_b57c38042424daa0_004full.jpg

The Hat Deposit

The Hat Claims property consists of 16 mineral tenures covering 13,823.09 hectares north of the Golden Bear mine road in northwest B.C. For additional information please visit www.doubleview.ca.

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 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 (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 & 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.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285247

February 26, 2026

Doubleview Confirms Metal Recoveries for Upcoming Mineral Resource Estimate and Preliminary Economic Assessment

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”), a leading Canadian exploration company focused on its flagship Hat Polymetallic Deposit in northwestern British Columbia’s Golden Triangle, is pleased to announce the successful finalization of key metallurgical recovery data for gold (Au), copper (Cu), cobalt (Co), silver (Ag), and scandium (Sc). This milestone supports the imminent completion of an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA).

The Company’s two-year metallurgical testing program, led by Eur.Ing Andrew Carter, B.Sc., C.Eng., MIMMM, MSAIMM, SME, has delivered positive results confirming viable recoveries across the polymetallic suite.

	Overall Metallurgical Recoveries
	Metal	Recovery %
	Copper (Cu)	85
	Gold (Au)	89
	Silver (Ag)	68
	Cobalt (Co)	78
	Scandium (Sc)	75

Recent breakthroughs from the program, including a global first in the recovery of high-grade scandium oxide (Sc₂O₃) from copper porphyry flotation tailings, have demonstrated strong technical viability. Key highlights from the testwork include high overall recoveries, positioning the Hat Deposit to maximize value from its unique polymetallic profile (gold-copper-cobalt-silver-scandium). Building on this progress, Doubleview is actively seeking quotes from qualified laboratories and consultants for advanced metallurgical testing to support the planned Prefeasibility (PFS) and Feasibility (FS) studies. These next testwork phases will further optimize process recoveries and refine project economics.

MRE and PEA updates:

The Company is also finalizing the updated MRE and PEA, incorporating the new metallurgical data, expanded drilling results from the successful 2025 field season (including the largest drill program to date with over 13,000 meters completed), and eastward extensions of mineralization. Logistics and preparations for the 2026 field season are underway, with plans to continue aggressive exploration and resource enhancement at the Hat Project.

Farshad Shirvani, President and CEO, commented: “Finalizing these metallurgical recoveries marks a pivotal step forward for the Hat Project. Under Mr. Carter’s expert guidance, our metallurgy program has unlocked significant potential for critical metals like scandium, alongside robust recoveries for copper, gold, cobalt, and silver. We are excited to advance toward the updated MRE and PEA while gearing up for PFS/FS-level work and the 2026 season.”

Mr. Carter, a graduate of the University of Leeds (B.Sc. Mineral Processing, 1980), is a Chartered Engineer (C.Eng.) registered with the Engineering Council UK (#378467) and a European Engineer (Eur.Ing.) (#c2960GB). He is a member in good standing of the Institute of Materials, Minerals and Mining (IOM3 #46421) and the Society for Mining, Metallurgy and Exploration (SME #4112502). With over 45 years of experience in operations, engineering, and consulting in extractive metallurgy for gold, precious, and base metal ores, Mr. Carter is a “Qualified Person” under National Instrument 43-101 and has independently reviewed and approved the metallurgical aspects of this announcement.

Doubleview remains committed to responsible development of this strategic asset, contributing to North America’s supply of critical and electrification-enabling metals.

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.

The company further notes that, pursuant to the news release dated December 31^st, 2025, it has completed its financing and is no longer seeking additional funds.

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

million lb

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. “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.”

For further details of the MRE-1, 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/280334

January 14, 2026

Doubleview Gold Corp Extends Mineralization East of 2024 Conceptual Pit and Identifies Deeper Porphyry Indicators at Hat Project by Drilling 992m of 0.29% CuEq in Hole H101

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to report assay results from drill holes H100 and H101, completed as part of the 2025 drill program at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia.

Drill holes H100 and H101 were designed to test eastern extensions of mineralization beyond the 2024 conceptual pit shell, while also evaluating depth continuity and metal zonation within the Hat porphyry system. Results from both drill holes confirm broad, continuous copper-gold-cobalt-scandium mineralization and, when integrated with drill holes announced earlier in 2025, define an expanded mineralization envelope at the Hat Deposit. Assay results from drill holes H102 to H108 will be released when received from the Lab and reviewed and confirmed by our technical team.

Key Highlights

Mineralization extended eastward beyond the 2024 conceptual pit outline, supported by long, continuous intercepts in both H100 and H101.
H100 intersected 497.0 m of mineralization (129.0-626.0 m) averaging 0.27% CuEq (excluding Sc₂O₃), confirming continuity into previously under-tested areas east of the 2024 conceptual pit.
Elevated cobalt values at depth in H100 may be indicative of proximity to deeper portions of the porphyry system based on observed metal associations at Hat.
H101 returned 992.4 m of continuous mineralization, with multiple higher-grade intervals and a higher gold-to-copper ratio relative to the established average of the Hat deposit.
Deeper part of the Hat porphyry system remain untested by drilling,
Drill holes H100 and H101 at the bottom are more than 500m apart.

Drill Hole H100

497.0 m (129.0-626.0 m) averaging 0.27% CuEq, including:
- 239.8 m at 0.30% CuEq
- 141.0 m at 0.31% CuEq
- 106.2 m at 0.35% CuEq
- 73.0 m at 0.44% CuEq

Drill hole H100 confirms that mineralization extends eastward beyond the 2024 conceptual pit boundary and remains continuous over substantial thicknesses. The presence of elevated cobalt values within deeper intervals is interpreted by the Company as a potential vector toward deeper parts of the porphyry system. While the significance of this association continues to be evaluated, cobalt enrichment has consistently occurred alongside stronger copper-gold mineralization in several areas of the Hat deposit.

Drill Hole H101

992.4 m (7.5-999.9 m) averaging 0.29% CuEq, including:
- 618.0 m at 0.37% CuEq
- 153.0 m at 0.52% CuEq
- 91.0 m at 0.72% CuEq
- 32.0 m at 1.26% CuEq
- 11.2 m at 2.80% CuEq

Drill hole H101 is notable for its higher gold-to-copper ratio compared to the broader Hat deposit average. Such metal ratios are commonly observed within zoned porphyry systems and may reflect variations in metal distribution at different structural or vertical levels. Together with the observed continuity of mineralization from near surface to the end of the drill hole, adds an important new constraint to the evolving geological interpretation of the Hat system. Table 1 tabulates the assay results of H100 and H101.

Table 1: Drill holes H100 and H101 assay results:

Drill hole		From (m)	To (m)	Length (m)	Ag (g/t)	Au (g/t)	Co (g/t)	Cu (%)	Sc2O3(g/t)	CuEq (%) excl Sc2O3
H100		129.0	626.0	497.0	0.13	0.14	74.44	0.12	40.3	0.27
	Inc.	195.0	434.8	239.8	0.11	0.18	91.44	0.12	40.2	0.30
	Inc.	195.0	336.0	141.0	0.10	0.21	88.15	0.10	44.8	0.31
	Inc.	195.0	301.2	106.2	0.12	0.25	85.31	0.11	43.8	0.35
	Inc.	195.0	268.0	73.0	0.14	0.33	86.47	0.12	35.7	0.44
H101		7.5	999.9	992.4	0.17	0.14	64.5	0.15	43.2	0.29
	Inc.	273.0	891.0	618.0	0.20	0.17	67.72	0.20	44.2	0.37
	Inc.	273.0	426.0	153.0	0.31	0.21	129.29	0.30	36.2	0.52
	Inc.	273.0	364.0	91.0	0.45	0.28	148.85	0.43	35.2	0.72
	Inc.	276.0	690.4	414.4	0.20	0.19	75.73	0.20	42.6	0.39
	Inc.	578.0	589.2	11.2	0.42	1.70	84.6	1.28	47.3	2.80
	Inc.	791.0	936.0	145.0	0.23	0.20	59.01	0.24	50.3	0.44
	Inc.	858.0	890.0	32.0	0.73	0.58	112.7	0.71	48.0	1.26

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 potentially recoverable high value strategic alloy metal (customarily quoted as Sc₂O₃) that is present in small but possibly highly important amounts in Hat mineralization, is not assigned any value pending metallurgical investigations and recoverable results.

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 2025 drill hole locations relative to the 2024 conceptual pit outline, highlighting eastward extensions of mineralization

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/278192_677a547c94f369cc_001full.jpg

Figure 2: Cross-section illustrating continuity of mineralization at depth and beyond the eastern margin of the conceptual pit.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/278192_fig2.jpg

Geological Interpretation

Results from drill holes H100 and H101, when combined with data from drill holes reported earlier in the 2025 season, define an expanded mineralization envelope at the Hat Deposit. Mineralization now demonstrably extends eastward beyond the conceptual pit shell, continuous to depths approaching one kilometre and supports the interpretation of a large, vertically extended porphyry system.

The identification of cobalt-enriched intervals at depth in H100 and the gold-rich character of H101 provide additional geological vectors that may assist in defining future drill targets. Importantly, the deepest portions of the Hat porphyry system have not yet been tested by drilling; the Company considers these areas a priority for future exploration programs.

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

“Drill holes H100 and H101 represent an important step forward in our understanding of the Hat system. These holes confirm that mineralization continues east of the 2024 conceptual pit, as proposed in MRE-1 and remains robust at depth. The elevated cobalt values encountered in H100, together with the higher gold-to-copper ratios observed in H101, provide valuable geological insight into the internal zonation of the system.

Together with our large database, including drill results announced earlier this year, these holes collectively expand the mineralization envelope and reinforce our interpretation of Hat as a large, vertically extensive porphyry system. The deepest parts of the system remain untested, and we believe the results to date strongly justify continued, disciplined exploration focused on depth and lateral extensions.”

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/8003/278192_677a547c94f369cc_003full.jpg

Figure 4: Three-dimensional views of the 2024 conceptual pit shell with 2025 drill holes, demonstrating strategic targeting of depth and lateral extensions within the Hat porphyry system.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/278192_677a547c94f369cc_004full.jpg

Figure 5: Three-dimensional views of the 2024 conceptual pit shell with 2025 drill holes, demonstrating strategic targeting of depth and lateral extensions within the Hat porphyry system.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/278192_677a547c94f369cc_005full.jpg

Table 2 summarizes coordinates of the recent drill holes.

Table 2. Details of Location and direction of drill holes:

DDH ID	UTM- East (m)	UTM- North (m)	Elevation (m)	Dip (°)	Azimuth (°)	Max- Depth (m)	Year
H100	348203.0	6453897.0	972	-61.1	120	840.0	2025
H101	348203.0	6453897.0	966	-75.0	120	1015.5	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)(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

million lb

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. “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.”

For further details of the MRE-1, 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/278192

December 16, 2025

Doubleview Gold Corp. Announces Successful Completion of 2025 Drilling Season at the Hat Project, the Largest Drill Season yet with 13,290m Diamond Drill Core

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

million
lb

million lb

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

December 8, 2025

Doubleview Extends High-Grade Domains at Hat: H099 Returns 438m of 0.40% CuEq Including 52m of 1.02% CuEq, Expanding Mineralization Envelope Around Conceptual Pit Vertically and Laterally

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% CuEq Including: 52.0 m at 1.02% CuEq Including: 95.3 m at 0.61% CuEq Including: 336.0 m at 0.47% CuEq In 643 m at 0.34% CuEq
H098	393.0 m at 0.27% CuEq Including: 148.0 m at 0.41% CuEq
H097	445.3 m at 0.20% CuEq Including: 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
Open Pit Model Hat	Resource Category	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
In Pit	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

December 4, 2025

Doubleview Provides Cobalt Resource Summary for the Hat Polymetallic Deposit in Advance of Updated MRE and PEA

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
		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
In Pit	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

December 2, 2025

Doubleview Gold Corp. Achieves a Major Breakthrough in Scandium Recovery from Copper Porphyry Tailings

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 Sc₂O₃product: 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
	Resource Category	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
In Pit	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

November 26, 2025

Doubleview Gold Corp. Highlights Scandium Potential at Hat Project, a Key Enabler for the Electrification Economy

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
Open Pit Model Hat	Resource Category	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
In Pit	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

November 20, 2025

Doubleview Gold Corp. Closes Final Tranche of Non-Brokered Private Placement for Gross Proceeds of $7,181,400

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
		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
In Pit	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

November 19, 2025

Tag: Doubleview Gold Corp.