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Doubleview Gold Corp Announces Collaboration with Her Excellency Sheikha Sara Nasser Al-Thani CEO of Qmission W.L.L. Qatar

Kamis, 06 Maret 2025 | 09:35
VANCOUVER, BRITISH COLUMBIA - Newsfile Corp. - 5 March 2025 - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce that it has received a Statement of Interest from Her Excellency Sheikha Sara Nasser Al-Thani CEO of Qmission W.L.L. for the Company's Polymetallic HAT Porphyry Deposit, located in northwestern British Columbia, Canada. Her Excellency and Doubleview have entered into an Emissary Agreement to build and foster a potential collaboration with the State of Qatar by way of the Qatar Investment Authority ("QIA") as well as other Arab countries who are seeking to expand business relations, particularly investments in unique and critical mineral deposits that can deliver the resources needed for a sustainable future. Sheikha Sara Nasser Al-Thani is personally involved in seeking business opportunities and building strategic collaborations between different business sectors through her company Qmission that will benefit all parties involved.

The Middle Eastern country of Qatar is known for its wealth of natural resources, mainly natural gas (LNG) and oil. In 2005, the Qatar Investment Authority ("QIA") was established. It is the nation's sovereign wealth fund, renowned for its focus on exceptional, one-of-a-kind investments spanning all major global markets, asset classes, sectors and geographies. Her Excellency noted, "This opportunity extends beyond the oil and gas sector and holds significant potential benefits for Qatar. QMISSION's focus is to explore diverse sectors, continuously seeking avenues for growth and innovation. Inspired by the words from the Emir of Qatar, His Royal Highness Sheikh Tamim bin Hamad Al Thani, 'Qatar deserves the best from its citizens,' we remain committed to identifying groundbreaking prospects. Doubleview Gold and its HAT Deposit, with its abundance of copper, gold, cobalt and scandium, represents a golden opportunity in the mining industry."

Farshad Shirvani, president & CEO states: "QIA's vision corresponds perfectly with the Hat Project's potential significance on the global stage, due to the deposit's unique variety of critical minerals - copper, cobalt and scandium, in addition to gold and silver - and its size, which sets it apart. This presents a unique investment opportunity. I am honored to have Her Excellency Sheikha Sara Nasser Al Thani as an ally in our mission to develop this deposit and to share my vision with her."

The Hat Project features a significant and unique combination of critical metals, including scandium, copper, and gold, among other valuable resources. The Hat Deposit's 2024 maiden resource estimate ("HAT MRE 1.0") reported the following commodities in both indicated and inferred categories, at a cut-off grade of 0.2% copper equivalent ("CuEq"*):

  • Gold: 929k ounces (indicated), 2.328 million ounces (inferred)
  • Copper: 733 million pounds (indicated), 1.945 billion pounds (inferred)
  • Silver: 2.045 million ounces (indicated), 7.575 million ounces (inferred)
  • Cobalt: 28 million pounds (indicated), 91 million pounds (inferred)
  • Scandium: The 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.
Note: For further details, please refer to the Company's July 25, 2024, news release.

An update to the Company's Maiden Resource Estimate ("HAT MRE 2.0") is expected to be published in Q2, 2025. It will include more than 10,000 meters of additional drill hole information and will be used as part of the Preliminary Economic Assessment ("HAT PEA") concurrently being completed. Updated Scandium metallurgy studies are underway which will be included in the HAT MRE 2.0 and HAT PEA once concluded.

* - Copper Equivalent (CuEq) currently does not include the Scandium.
- Metal equivalents should not be relied upon for future evaluations.
- Parameters used to calculate Copper Equivalent: Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22. 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] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84).

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.




BERITA LAINNYA
BERIKAN KOMENTAR
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