Vancouver, British Columbia -
Newsfile Corp.
- June 29, 2026 - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF)
(FSE: 1D4) ("Doubleview" or the "Company") is pleased to provide an
update on ongoing technical and development work at its 100%-owned Hat
Project in northwestern British Columbia. Following the Company's June
9, 2026 announcement reporting assay results from drill holes H102 to
H108, which extended Hat mineralization approximately 150 metres east
beyond the known resource envelope, Doubleview is advancing a work
Vancouver, British Columbia -
Newsfile Corp.
- June 29, 2026 - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF)
(FSE: 1D4) ("Doubleview" or the "Company") is pleased to provide an
update on ongoing technical and development work at its 100%-owned Hat
Project in northwestern British Columbia. Following the Company's June
9, 2026 announcement reporting assay results from drill holes H102 to
H108, which extended Hat mineralization approximately 150 metres east
beyond the known resource envelope, Doubleview is advancing a work
program designed to support continued resource growth, technical
de-risking and the next phase of project evaluation.
The Company's current drilling program remains focused on increasing the
size and confidence of the Hat deposit in support of an updated Mineral
Resource Estimate ("MRE") currently targeted for early 2027, while also
generating information relevant to ongoing Pre-Feasibility Study
("PFS") planning.
Highlights
-
Ongoing drilling is focused on expanding the Hat deposit and supporting the next updated MRE targeted for early 2027.
-
The current drill plan is under review and is being optimized to
improve efficiency and better align with the Company's MRE and PFS
objectives.
-
Doubleview is nearing a final decision on the selection of a
metallurgical laboratory following an extensive international review
process led by the Company's metallurgical team.
-
Baseline environmental studies have been initiated, and field
equipment has been shipped for installation in the coming weeks.
-
The Company is fully funded to carry out its currently planned work programs.
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:
"The results we announced in June marked an important step forward for
the Hat Project, and the ongoing drilling program is designed to build
on that momentum. With mineralization now extended beyond the previously
defined resource envelope, we are increasingly confident that Hat is
moving toward the next stage of development. Our immediate objective is
to support an updated Mineral Resource Estimate targeted for early 2027
while advancing the technical work necessary for pre-feasibility
planning."
"At the same time, we are progressing the parallel workstreams required
to move a project of this scale forward responsibly and efficiently.
These include optimizing the current drill plan, completing
metallurgical program planning, initiating baseline environmental
studies and maintaining the financial capacity to execute on our
objectives."
"We also believe the strategic relevance of Hat continues to strengthen.
In a market where secure North American sources of critical minerals
are becoming increasingly important
, Hat's exposure to copper, cobalt
and scandium in a Canadian jurisdiction positions the Project as a
potentially important long-term contributor to domestic and allied
supply chains."
Doubleview believes that recent developments in cobalt markets and North
American critical minerals policy continue to underscore the long-term
strategic value of polymetallic projects located in stable
jurisdictions. While Hat remains an exploration and development-stage
project, management believes its combination of copper, cobalt,
scandium, gold and silver provides important exposure to metals that are
increasingly relevant to electrification, industrial resilience and
supply chain security.
The Company will provide further updates as technical planning advances and key milestones are reached.
PEA Snapshot - Hat Project
- - After-tax NPV(5%) of C$6.73 - C$7.27 billion at consensus metal prices
-
- After-tax NPV(5%) of C$13.53 - C$14.85 billion at spot metal prices
-
- 23% IRR at consensus prices; 32% - 39% IRR at spot prices
-
- 25-year mine life based on a 120,000 tonnes-per-day processing rate
-
- 609 Mt Measured & Indicated and 503 Mt Inferred mineral resources
-
- First 10 years average annual production of 74 kt copper, 254 koz gold, 376 koz silver and 2.7 kt cobalt
Qualified Person
Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's
Qualified Person with respect to the Hat Project as defined by National
Instrument 43-101 Standards of Disclosure for Mineral Projects, has
reviewed, and approved the technical contents of this news release. He
is not independent of Doubleview as he is a shareholder in the company
About Doubleview Gold Corp.
Doubleview Gold Corp. is mineral resource exploration and development
company headquartered in Vancouver, British Columbia, Canada. It is
publicly traded on the
TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and
(FSE: 1D4). Doubleview focuses on identifying, acquiring, and
financing precious and base metal exploration projects across North
America, with a strong emphasis on British Columbia. The company
enhances shareholder value through the acquisition and exploration of
high-quality gold, copper, cobalt, scandium, and silver
projects-collectively critical minerals utilizing cutting-edge
exploration techniques.
Doubleview's success is deeply rooted in the unwavering support of its
long-term shareholders, supporters, and institutional investors. Their
ongoing commitment has been instrumental in advancing the company's
strategic initiatives. Doubleview looks forward to further collaborative
growth and development and continues to welcome active participation
from its valued stakeholders as the company expands its portfolio and
strengthens its position in the critical minerals sector.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E:
corporate@doubleview.ca
Doubleview maintains a website at
www.doubleview.ca.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-Looking Information
Certain of the statements made and information contained herein
may constitute "forward-looking information" within the meaning of
applicable Canadian securities laws. Forward-looking statements in this
news release include, but are not limited to, statements regarding: the
interpretation of drill results; the potential extension of
mineralization; the identification and significance of the far east
mineralized zone; the potential incorporation of drill holes after H101
into future geological models, Mineral Resource Estimates, Preliminary
Economic Assessments or other economic studies; the potential for future
conversion of Mineral Resources into higher confidence categories;
future drilling plans; future exploration programs; the potential
economic significance of scandium, cobalt, copper, gold and silver
mineralization; and the continued advancement of the Hat Project.
Forward-looking statements are based on assumptions that
management considers reasonable at the time they are made, including
assumptions regarding geological continuity, future exploration results,
metallurgical recoveries, metal prices, availability of financing,
regulatory approvals, access to the property, and the Company's ability
to complete future technical studies. These statements involve known and
unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those projected. Such risks include,
but are not limited to: risks associated with mineral exploration and
development; uncertainty of geological interpretation; uncertainty of
Mineral Resource estimation; volatility in metal prices; metallurgical
and processing risks; permitting and environmental risks; title and
access risks; financing risks; equipment availability; First Nations
consultation and engagement; and other risks disclosed in the Company's
public filings.
Except as required by applicable securities legislation, the
Company undertakes no obligation to publicly update or revise
forward-looking information, whether as a result of new information,
future events or otherwise.
program designed to support continued resource growth, technical
de-risking and the next phase of project evaluation.
The Company's current drilling program remains focused on increasing the
size and confidence of the Hat deposit in support of an updated Mineral
Resource Estimate ("MRE") currently targeted for early 2027, while also
generating information relevant to ongoing Pre-Feasibility Study
("PFS") planning.
Highlights
-
Ongoing drilling is focused on expanding the Hat deposit and supporting the next updated MRE targeted for early 2027.
-
The current drill plan is under review and is being optimized to
improve efficiency and better align with the Company's MRE and PFS
objectives.
-
Doubleview is nearing a final decision on the selection of a
metallurgical laboratory following an extensive international review
process led by the Company's metallurgical team.
-
Baseline environmental studies have been initiated, and field
equipment has been shipped for installation in the coming weeks.
-
The Company is fully funded to carry out its currently planned work programs.
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:
"The results we announced in June marked an important step forward for
the Hat Project, and the ongoing drilling program is designed to build
on that momentum. With mineralization now extended beyond the previously
defined resource envelope, we are increasingly confident that Hat is
moving toward the next stage of development. Our immediate objective is
to support an updated Mineral Resource Estimate targeted for early 2027
while advancing the technical work necessary for pre-feasibility
planning."
"At the same time, we are progressing the parallel workstreams required
to move a project of this scale forward responsibly and efficiently.
These include optimizing the current drill plan, completing
metallurgical program planning, initiating baseline environmental
studies and maintaining the financial capacity to execute on our
objectives."
"We also believe the strategic relevance of Hat continues to strengthen.
In a market where secure North American sources of critical minerals
are becoming increasingly important
, Hat's exposure to copper, cobalt
and scandium in a Canadian jurisdiction positions the Project as a
potentially important long-term contributor to domestic and allied
supply chains."
Doubleview believes that recent developments in cobalt markets and North
American critical minerals policy continue to underscore the long-term
strategic value of polymetallic projects located in stable
jurisdictions. While Hat remains an exploration and development-stage
project, management believes its combination of copper, cobalt,
scandium, gold and silver provides important exposure to metals that are
increasingly relevant to electrification, industrial resilience and
supply chain security.
The Company will provide further updates as technical planning advances and key milestones are reached.
- PEA Snapshot - Hat Project
-
- After-tax NPV(5%) of C$6.73 - C$7.27 billion at consensus metal prices
-
- After-tax NPV(5%) of C$13.53 - C$14.85 billion at spot metal prices
-
- 23% IRR at consensus prices; 32% - 39% IRR at spot prices
-
- 25-year mine life based on a 120,000 tonnes-per-day processing rate
-
- 609 Mt Measured & Indicated and 503 Mt Inferred mineral resources
-
- First 10 years average annual production of 74 kt copper, 254 koz gold, 376 koz silver and 2.7 kt cobalt
Qualified Person
Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's
Qualified Person with respect to the Hat Project as defined by National
Instrument 43-101 Standards of Disclosure for Mineral Projects, has
reviewed, and approved the technical contents of this news release. He
is not independent of Doubleview as he is a shareholder in the company
About Doubleview Gold Corp.
Doubleview Gold Corp. is mineral resource exploration and development
company headquartered in Vancouver, British Columbia, Canada. It is
publicly traded on the
TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and
(FSE: 1D4). Doubleview focuses on identifying, acquiring, and
financing precious and base metal exploration projects across North
America, with a strong emphasis on British Columbia. The company
enhances shareholder value through the acquisition and exploration of
high-quality gold, copper, cobalt, scandium, and silver
projects-collectively critical minerals utilizing cutting-edge
exploration techniques.
Doubleview's success is deeply rooted in the unwavering support of its
long-term shareholders, supporters, and institutional investors. Their
ongoing commitment has been instrumental in advancing the company's
strategic initiatives. Doubleview looks forward to further collaborative
growth and development and continues to welcome active participation
from its valued stakeholders as the company expands its portfolio and
strengthens its position in the critical minerals sector.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E:
corporate@doubleview.ca
Doubleview maintains a website at
www.doubleview.ca.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-Looking Information
Certain of the statements made and information contained herein
may constitute "forward-looking information" within the meaning of
applicable Canadian securities laws. Forward-looking statements in this
news release include, but are not limited to, statements regarding: the
interpretation of drill results; the potential extension of
mineralization; the identification and significance of the far east
mineralized zone; the potential incorporation of drill holes after H101
into future geological models, Mineral Resource Estimates, Preliminary
Economic Assessments or other economic studies; the potential for future
conversion of Mineral Resources into higher confidence categories;
future drilling plans; future exploration programs; the potential
economic significance of scandium, cobalt, copper, gold and silver
mineralization; and the continued advancement of the Hat Project.
Forward-looking statements are based on assumptions that
management considers reasonable at the time they are made, including
assumptions regarding geological continuity, future exploration results,
metallurgical recoveries, metal prices, availability of financing,
regulatory approvals, access to the property, and the Company's ability
to complete future technical studies. These statements involve known and
unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those projected. Such risks include,
but are not limited to: risks associated with mineral exploration and
development; uncertainty of geological interpretation; uncertainty of
Mineral Resource estimation; volatility in metal prices; metallurgical
and processing risks; permitting and environmental risks; title and
access risks; financing risks; equipment availability; First Nations
consultation and engagement; and other risks disclosed in the Company's
public filings.
Except as required by applicable securities legislation, the
Company undertakes no obligation to publicly update or revise
forward-looking information, whether as a result of new information,
future events or otherwise.