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

Core Insights - Doubleview Gold Corp. announced significant assay results from drill holes H097, H098, and H099 at the Hat Polymetallic Deposit, indicating an expansion of the mineralized footprint by approximately 100 meters laterally and 200 meters vertically [1][4][15] - Drill hole H099 returned 438 meters of 0.40% CuEq, including 52 meters of 1.02% CuEq, marking one of the strongest continuous mineralized intervals at the Hat deposit to date [4][11][13] - The results support the company's objective to update the Mineral Resource Estimate (MRE-2) and conduct a Preliminary Economic Assessment (PEA), enhancing confidence in the exploration model [4][12][16] Drill Results Summary - H097: 445.3 meters at 0.20% CuEq, with significant intervals including 145.2 meters at 0.25% CuEq [3][5] - H098: 393.0 meters at 0.27% CuEq, with notable sections including 148.0 meters at 0.41% CuEq [5][9] - H099: 643.0 meters at 0.34% CuEq, with key intervals such as 438.0 meters at 0.40% CuEq and 52.0 meters at 1.02% CuEq [4][5][9] Geological Interpretation - The new drill holes were designed to intersect previously undrilled areas, successfully extending the dimensions of the deposit by 200-300 meters at depth and up to 100 meters laterally [10][11][12] - The continuity of copper-gold-cobalt-scandium domains was confirmed across broad intervals, indicating strong mineralization potential [4][12][16] Expansion Potential - The results from H099, along with H097 and H098, suggest major extensions of the conceptual pit by approximately 200 meters vertically and 100 meters laterally [11][12][16] - The high-grade zones identified in the drilling indicate significant depth potential, with H099 highlighting over 50 meters exceeding 1.0% CuEq [13][16] Critical Metals Focus - Scandium grades remain consistent with prior campaigns, framing the Hat Deposit as a significant North American source of critical metals [14][16] - The potential for scandium at the Hat Deposit is estimated to be between 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3 [31]