Doubleview Gold Corp. Announces Successful Completion of 2025 Drilling Season at the Hat Project, the Largest Drill Season yet with 13,290m Diamond Drill Core
Rhea-AI Summary
Doubleview Gold (OTCQB: DBLVF) completed its largest Hat Project drill season on Dec 8, 2025, with 13,290 metres drilled across 19 holes and a reported 100% success rate (every hole intersected mineralization).
Key technical highlights include a newly identified deep mineralized horizon beneath the 2024 conceptual pit, confirmation that the deposit remains open laterally and at depth, and a previously released intercept H099 that returned 438 m @ 0.40% CuEq including 52 m @ 1.02% CuEq. Assays for holes H100–H108 are pending and will feed updates to the Mineral Resource Estimate (MRE-2) and the ongoing Preliminary Economic Assessment (PEA). The company also notes recent progress on scandium recovery work that enhances the project’s critical‑metals profile.
Positive
- 13,290 m drilled across 19 holes (largest program to date)
- 100% of holes intercepted mineralization
- H099: 438 m @ 0.40% CuEq, including 52 m @ 1.02% CuEq
- New deep mineralized horizon discovered beneath 2024 conceptual pit
- Deposit confirmed open laterally and at depth
Negative
- Assays for H100–H108 (9 holes) are pending and may delay inclusion in MRE/PEA
- Company noted timing issues that could prevent all 2025 assays being included in technical reports
- Qualified Person for the release is a shareholder and not independent
News Market Reaction – DBLVF
On the day this news was published, DBLVF declined 13.07%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers in Other Industrial Metals & Mining showed mixed moves (e.g., LTHCF +3.68%, AMLIF +1.93%, AZMCF -1%, LIFFF -1.1%), suggesting DBLVF’s setup was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Drill season completion | Positive | -13.1% | Largest Hat drill season with 13,290 m and 100% mineralized holes. |
| Dec 04 | Drill assay results | Positive | -1.3% | H099 returned 438 m at 0.40% CuEq including 52 m at 1.02% CuEq. |
| Dec 02 | Cobalt resource summary | Positive | -1.8% | Outlined indicated and inferred cobalt tonnages ahead of updated MRE and PEA. |
| Nov 25 | Scandium recovery results | Positive | +2.6% | Reported 82% primary scandium extraction and 88% overall recovery to Sc2O3. |
| Nov 20 | Scandium potential highlight | Positive | +13.0% | Highlighted large-scale scandium resource and upcoming MRE and PEA. |
Recent Hat Project and scandium-focused updates have generally been positive, but share reactions have been mixed, with several strong project updates followed by negative next-day moves, indicating volatile and sometimes contrarian trading around good news.
Over the last month, Doubleview reported multiple Hat Project milestones, including scandium potential on Nov 20, a scandium recovery breakthrough on Nov 25, and cobalt resource details on Dec 2. Drilling assays on Dec 4 and the Dec 8 completion of the largest drill season (with 13,290 m across 19 holes) advanced the geological and economic understanding. Despite generally constructive news, price reactions have alternated between sharp gains and notable pullbacks.
Market Pulse Summary
The stock dropped -13.1% in the session following this news. A negative reaction despite positive operational news fits a recent pattern where strong Hat updates, including the Dec 4 H099 assays and this 13,290 m season completion, saw weak next-day performance. Traders may have focused on the lack of new assay data for holes H100–H108 and the time needed to roll results into the updated MRE and PEA. Past swings after good news suggest sentiment and liquidity can overpower fundamentals in the short term.
Key Terms
cuEq technical
mineral resource estimate (mre-2) regulatory
preliminary economic assessment (pea) regulatory
ni 43-101 regulatory
porphyry system technical
scandium oxide (sc2o3) technical
AI-generated analysis. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce the completion of its 2025 drilling season at the Hat Polymetallic Project in northwestern British Columbia. This year's program marks the largest drilling campaign in the Hat Project's history, with 13,290 metres drilled across 19 drill holes, achieving a
The 2025 campaign delivered major advancements in our understanding of the geology and dimensions of the Hat deposit, including the identification of a newly recognized mineralized horizon located beneath and adjacent the 2024 conceptual open-pit shell. Importantly, mineralization domains were better defined, existing data gaps were closed, and the Company's evolving geological and resource models were validated (see Figures 1-4, also available on the Company's website at www.doubleview.ca).
Assays from holes H100 through H108 remain pending and will be released once received, reviewed, and interpreted in accordance with NI 43-101.
Highlights of the 2025 Drill Season
13,290 metres drilled in 19 holes, averaging 699.5 metres per hole — the largest and most efficient and technically productive program ever.
A newly discovered deep mineralized horizon beneath the 2024 conceptual pit outline confirms significant down-dip continuity and expansion potential as mineralization remains open at depth and laterally in multiple directions.
Every drill hole intercepted mineralization, demonstrating the strength and continuity of the porphyry system.
H097, H098, and H099, previously disclosed, extended mineralization by 200-300 metres down-dip and up to 100 metres laterally, significantly improving the block model and geological interpretation.
H099 returned 438 m of
0.40% CuEq, including 52 m of1.02% CuEq, another one of the strongest continuous intervals drilled at the Hat to date.Newly completed holes H100-H108 were strategically positioned to evaluate depth extensions, lateral continuities, and untested model gaps. Core samples from these drill holes are being processed at the independent assay lab.
Pending assays for nine remaining holes will inform updates to the Mineral Resource Estimate (MRE-2) and the ongoing Preliminary Economic Assessment (PEA). Note: Due to timing issues, we may not be able to include all assay data in those technical reports.
2025 work further advances Doubleview's understanding of copper-gold-cobalt-scandium mineral domains. The recently-announced potential scandium recovery achievements are a major milestone for the Hat's critical-metals profile.
Farshad Shirvani, President & CEO, commented:
"This has been a transformational year for Doubleview and the Hat Project. Our 2025 drill campaign successfully demonstrated the strength of our geological model, filled key data gaps, and uncovered an entirely new mineralized horizon beneath the 2024 conceptual pit shell. Every drill hole intersected mineralization, which is a testament to the quality and strength of our technical team, along with the robustness of the system.
The discovery potential at Hat continues to expand, with the deposit remaining open both laterally and at depth. Combined with last year's exceptional drill results, our scandium recovery breakthrough, and the ongoing work toward the updated Resource Estimate and PEA, we are entering the next phase of project development with a high degree of confidence and momentum. I extend my thanks to our technical team, contractors, and shareholders for enabling the most successful drilling season in our Company's history."
The Company is now focused on completing the assay review and disclosure for drill holes H100 through H108, which represent the final nine holes of the 2025 program. Assay results, when received, verified, and interpreted in accordance with NI 43-101 standards, will be announced and incorporated into the geological and resource models.
In parallel, the Company continues to advance its Preliminary Economic Assessment (PEA), which is currently undergoing both internal modelling and external third-party review. The integration of the full 2025 drill dataset, including pending assays, is expected to materially enhance the confidence and robustness of the forthcoming PEA, supporting a comprehensive evaluation of the Hat Project's economic potential and paths to development.
Figure 1: Drill plan and 2025 Extension around the 2024 Conceptual Pit
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_001full.jpg
Figure 2: 2025 drilling, mineralization extension at depth and around the 2024 conceptual pit
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_002full.jpg
Figure 3: 2024 Conceptual pit shell in 3D and 2025 drill holes demonstrating the strategic exploration in 2025
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_003full.jpg
Figure 4: 2024 Conceptual pit shell in 3D and 2025 drill holes demonstrating the strategic exploration in 2025
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_004full.jpg
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.
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.
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
Open Pit Model Hat | Resource Category | Tonnage | Average Grade | Metal Content | ||||||||
| 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 (
For further details of the MRE, 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277248
FAQ
What did Doubleview (DBLVF) announce on December 8, 2025 about the Hat Project drilling?
Which drill result from the 2025 Hat program was highlighted by Doubleview (DBLVF)?
How will pending assays H100–H108 affect Doubleview's (DBLVF) resource and economic studies?
Is the Hat deposit considered open after Doubleview's 2025 drilling (DBLVF)?
What operational or timing risks did Doubleview (DBLVF) disclose for the 2025 program?
