Doubleview Gold Corp Provides Comprehensive Update on Its Flagship Project - the Polymetallic Hat Deposit

Core Insights - Doubleview Gold Corp is advancing its flagship project, the Hat Deposit, located in northwestern British Columbia, with extensive field activities and drilling campaigns aimed at enhancing resource estimates and understanding the deposit's geology [1][2]. Exploration and Drilling Activities - The 2025 exploration program has completed 4,500 meters of diamond drilling across 7 new holes, with an average depth of approximately 665 meters, including a notable drill hole reaching 922.5 meters [3]. - Future drilling phases will focus on the eastern edges and deeper parts of the Hat deposit to expand the known mineralization footprint [4]. Scandium Recovery Studies - The company is prioritizing the extraction and recovery of scandium from the Hat deposit, which is a critical mineral in North America [5]. - Three accredited metallurgical facilities are conducting parallel testwork on the deposit's samples, with encouraging interim results suggesting significant recovery potential for scandium [6]. Preliminary Economic Assessment (PEA) - The PEA for the Hat Deposit is in progress, incorporating an updated Mineral Resource Estimate that includes results from the 2024 drill campaign, with potential inclusion of scandium to enhance the project's economic viability [7]. Environmental and Permitting Initiatives - The company has commissioned environmental baseline studies and is designing an environmental permitting roadmap for the Hat Project to ensure compliance with future permitting processes [10]. - Archaeological Impact Assessment studies have been completed and accepted, marking an important step in the project's development [11]. Executive Commentary - The President and CEO of Doubleview Gold Corp emphasized the company's commitment to advancing critical mineral projects and building long-term value for stakeholders [12]. - The developments at the Hat Project have attracted interest from leading investment entities and mining companies, indicating a unique opportunity for collaboration and growth in the critical metals sector [13]. Resource Estimate - The Hat Deposit has a resource estimate of 150 million tonnes indicated at an average grade of 0.408% CuEq and 477 million tonnes inferred at 0.344% CuEq, with potential scandium resources estimated at 300 to 500 million tonnes at an average grade of 40 ppm [21].