RCS - Doubleview Gold Corp - Doubleview Gold Corp 2025 Exploration Program

Doubleview GoldAnnouncement

02/04/2025 14:15

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RNS Number : 2652D  Doubleview Gold Corp.  02 April 2025

Doubleview Gold Corp 2025 Exploration Program

VANCOUVER, BC / ACCESS Newswire (https://www.accessnewswire.com/)  / April
2, 2025 / Doubleview Gold Corp. (TSXV:DBG)(OTCQB:DBLVF)(FSE:1D4) (the
"Company" or "Doubleview") is pleased to share its plans for the upcoming 2025
exploration season for its 100% owned BC projects. Based on the Company's
successful 2024 exploration season, which included publishing the Hat
Project's maiden resource estimate ('MRE V1'), exceptional high-grade drill
results from its 10,000m drill program (please see the Company's news release
from February 05, 2025) and the recently announced collaboration of the
Company with Her Excellency Sheikha Sara Nasser Al-Thani of Qmission of Qatar
(please see the Company's news release from March 05, 2025), Doubleview is
readying its field crews for the upcoming field season.

Hat Project - 2025 Program of Work

Doubleview is setting out to continue building on its exploration success at
its polymetallic Hat Project. The 2024 drill results have provided important
information which is supporting the Company's geological team in understanding
the evolution of, and ultimately the entire Hat Deposit ("Hat" or "Deposit")
system. The goals of the upcoming drill season are to continue to expand and
build the resource to higher levels of confidence, to test newly identified
targets to the northwest and east of the Deposit, and to find the source of
the system that created the Hat Deposit.

Details for the environmental sampling program are currently being finalized.
Doubleview's intensions are to implement this work to fulfill regulatory
requirements necessary towards further development of the Hat Project. The
Preliminary Economic Assessment ("HAT PEA") with an updated Mineral Resource
Estimate ("HAT MRE 2.0") is steadily progressing as expected.

President & CEO Farshad Shirvani states: "After achieving several
milestones for the Hat Project, it is time to continue its development. Our
field crew, technical team and I are excited about the newly acquired
information which will guide this year's efforts. Our goals are to find the
porphyry system's source, to further advance the integrity of the resource
estimate categories, to continue advancing environmental work and building
stakeholder relationships. There are less than 90 drill holes at the Hat
Project, and we have been able to show tremendous results. At the same time,
it is very clear that there are many more opportunities to enhance the Hat
Deposit that our team is eager to explore." Mr. Shirvani added: "The Company
is continuing its dialogue with Her Excellency Sara Nasser Al-Thani of
Qmission of Qatar to build a strong relationship to explore optimal
opportunities for both sides. With the worldwide growing attention on critical
minerals, by governments and major mining companies alike, we believe that the
Company is a great position."

Red Spring - 2025 Exploration Program

Part of Doubleview's portfolio of projects is Red Spring, which is located in
central BC, Canada. It is a copper-silver-gold project which in recent
exploration programs showed elevated zinc values. With copper and zinc being
elements that are listed as Critical Minerals by the Canadian Government, the
Red Spring project merits a well-tailored exploration program. For this season
an extensive ground IP program is planned which will be followed-up by
drilling based on the IP results. The goal of the exploration program is to
build on existing data and together with the new results, narrow down the
potential deposit type. Currently the two potential deposit types in focus for
the project are sediment hosted copper-silver deposits and Eskay Creek type
deposits.

Doubleview maintains a website at www.doubleview.ca (https://pr.report/8zn4)
.

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

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: LA1W038), and (FSE: 1D4).
Doubleview focuses on identifying, acquiring, and financing precious and base
metal exploration projects across North America, with a strong emphasis on
British Columbia. The company enhances shareholder value through the
acquisition and exploration of high-quality gold, copper, cobalt, scandium,
and silver projects-collectively critical minerals-utilizing cutting-edge
exploration techniques.

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

About the Hat Polymetallic Deposit

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

Average Grade Metal Content

Open Pit Model Hat Resource Category Tonnage CuEq Cu Co Au Ag CuEq Cu Co Au Ag

Mt % % % g/t g/t million lb million lb million lb thousand oz thousand oz

In Pit Indicated 150 0.408 0.221 0.008 0.19 0.42 1,353 733 28 929 2,045

Inferred 477 0.344 0.185 0.009 0.15 0.49 3,619 1,945 91 2,328 7,575

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

*- 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).

For further details, 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.

SOURCE: Doubleview Gold Corp.

 

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