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Doubleview Gold Corp Initiates Advanced Exploration Program at Red Spring, Bolstering Its Critical Minerals Portfolio

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Doubleview Gold Corp (OTCQB: DBLVF) has launched an advanced exploration program at its 90%-owned Red Spring Project in central British Columbia, Canada. The program's first phase includes a 3D Induced Polarization (IP) survey targeting the Angus Zone, scheduled for completion by August 2025.

The Red Spring Project, which hosts copper-silver-zinc-gold mineralization, has a history of exploration including sampling, geophysical surveys, and 4,000 feet of historical drilling. Additionally, the company reported progress on its flagship Hat Project, where 2025 drilling has exceeded 6,500 meters, with drill hole H099 approaching the 100-hole milestone.

Doubleview Gold Corp (OTCQB: DBLVF) ha avviato un programma di esplorazione avanzata presso il suo progetto Red Spring, di cui detiene il 90%, situato nella Columbia Britannica centrale, Canada. La prima fase del programma prevede un rilievo di polarizzazione indotta (IP) 3D mirato alla zona Angus, con completamento previsto entro agosto 2025.

Il progetto Red Spring, che ospita mineralizzazioni di rame, argento, zinco e oro, vanta una storia di esplorazioni comprendente campionamenti, indagini geofisiche e oltre 1.200 metri di perforazioni storiche. Inoltre, la società ha riportato progressi sul suo progetto principale Hat, dove le perforazioni del 2025 hanno superato i 6.500 metri, con il foro di sondaggio H099 vicino al traguardo delle 100 perforazioni.

Doubleview Gold Corp (OTCQB: DBLVF) ha iniciado un programa avanzado de exploración en su proyecto Red Spring, del cual posee el 90%, ubicado en el centro de Columbia Británica, Canadá. La primera fase del programa incluye una encuesta de polarización inducida (IP) 3D dirigida a la zona Angus, con finalización prevista para agosto de 2025.

El proyecto Red Spring, que contiene mineralización de cobre, plata, zinc y oro, tiene un historial de exploración que incluye muestreos, estudios geofísicos y más de 1,200 metros de perforaciones históricas. Además, la compañía informó avances en su proyecto principal Hat, donde las perforaciones de 2025 han superado los 6,500 metros, con el pozo H099 acercándose al hito de 100 perforaciones.

Doubleview Gold Corp (OTCQB: DBLVF)는 캐나다 브리티시컬럼비아 중부에 위치한 90% 소유의 Red Spring 프로젝트에서 고급 탐사 프로그램을 시작했습니다. 프로그램의 첫 단계는 Angus 구역을 대상으로 하는 3D 유도 분극(IP) 조사로, 2025년 8월까지 완료될 예정입니다.

Red Spring 프로젝트는 구리-은-아연-금 광화대를 포함하고 있으며, 샘플링, 지구물리 조사 및 4,000피트(약 1,200미터)의 과거 시추 기록을 보유하고 있습니다. 또한 회사는 주력 프로젝트인 Hat 프로젝트에서 2025년 시추가 6,500미터를 초과했으며, 시추공 H099은 100번째 시추공 달성에 근접해 있다고 보고했습니다.

Doubleview Gold Corp (OTCQB : DBLVF) a lancé un programme d'exploration avancé sur son projet Red Spring, dont elle détient 90 %, situé dans le centre de la Colombie-Britannique, au Canada. La première phase du programme comprend une sondage de polarisation induite (IP) 3D ciblant la zone Angus, dont l'achèvement est prévu pour août 2025.

Le projet Red Spring, qui contient des minéralisations de cuivre, argent, zinc et or, bénéficie d'un historique d'exploration incluant des échantillonnages, des levés géophysiques et 4 000 pieds de forage historique. De plus, la société a annoncé des progrès sur son projet phare Hat, où les forages de 2025 ont dépassé 6 500 mètres, avec le trou de forage H099 approchant le cap des 100 forages.

Doubleview Gold Corp (OTCQB: DBLVF) hat ein fortgeschrittenes Explorationsprogramm auf seinem zu 90 % gehaltenen Red Spring Projekt in Zentral-Britisch-Kolumbien, Kanada, gestartet. Die erste Phase des Programms umfasst eine 3D-Induzierte Polarisation (IP)-Untersuchung, die sich auf die Angus-Zone konzentriert und bis August 2025 abgeschlossen sein soll.

Das Red Spring Projekt, das Kupfer-Silber-Zink-Gold-Mineralisierungen beherbergt, verfügt über eine Explorationshistorie mit Probenahmen, geophysikalischen Untersuchungen und 4.000 Fuß historischer Bohrungen. Zudem meldete das Unternehmen Fortschritte bei seinem Flaggschiff-Projekt Hat, bei dem die Bohrungen 2025 bereits 6.500 Meter überschritten haben, wobei das Bohrloch H099 kurz vor dem 100. Bohrloch-Meilenstein steht.

Positive
  • Strategic expansion into critical minerals portfolio with Red Spring Project
  • Advanced 3D IP survey implementation with minimal environmental impact
  • Hat Project drilling progress exceeding 6,500 meters in 2025
  • Strong historical mineralization data supporting exploration potential
Negative
  • Only 90% ownership of Red Spring Project indicates partial control
  • Significant third-party interest in HAT project potentially affecting focus on Red Spring

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (WKN: LA1W038) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce the commencement of an advanced exploration program at its 90%-owned copper-silver-zinc-gold Red Spring Project, located in central British Columbia, Canada. This initiative marks a significant step in unlocking the project's full potential and reinforces Doubleview's commitment to critical mineral development.

Red Spring Project: Inaugural 3D IP Survey Underway

The Red Spring Project, a pillar in Doubleview's expanding portfolio, is situated in a highly prospective region of central British Columbia, Canada. The Company holds a 90% interest in this compelling copper-silver-zinc-gold project, which has demonstrated strong mineralization in historical drilling, particularly in its central zone. Decades of previous operator activities, including sampling, geophysical surveys, and approximately 4,000 feet of drilling, have laid the groundwork for Doubleview's current advanced exploration. The project is strategically important to the Company as it strengthens its emphasis on critical minerals.

The first phase of Doubleview's 2025 exploration program at the Red Spring property comprises an inaugural 3D Induced Polarization (IP) survey. This state-of-the-art three-dimensional geophysical survey will target the Angus Zone, an area of high interest previously sampled and prospected by the Company. The survey is expected to be completed by the end of August 2025.

The 3D IP survey will provide valuable insights into the subsurface geology and will contribute to planning and guiding future drill programs. Farshad Shirvani, President and CEO of Doubleview Gold Corp, commented: "Due to significant third-party interest in the Company's flagship HAT project, management is strategically advancing exploration at its Red Spring Project, as it has consistently demonstrated strong potential, both historically and through Doubleview's past exploration efforts. The 3D IP program will provide detailed information and valuable insights with minimal environmental impact. Our goal is to gain a better understanding of the deposit, expand the area of interest, and help define precise targets for further work, including drilling. The Red Spring Project is an important component in Doubleview's portfolio of properties and emphasizes our focus on critical minerals."

Doubleview is dedicated to collaborative engagement with local stakeholders and First Nations and strives to apply sustainable exploration methods that ensure minimal land impact.

Hat Polymetallic Deposit Update

Exploration and definition of Doubleview's flagship Hat Project continues with 2025 drilling surpassing 6,500 meters. Drill hole H099, currently in progress, is approaching the significant 100 drill hole milestone. The preliminary economic assessment (PEA), metallurgy, and environmental baseline studies are continuing and underscore the comprehensive advancement of this significant polymetallic deposit.

About Doubleview Gold Corp

With active programs at both the HAT and Red Spring projects, Doubleview anticipates that 2025 will be its most productive year to date, reflecting the Company's robust and exciting exploration and development activities.

Doubleview Gold Corp, trading on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (WKN: LA1W038) (FSE: 1D4) is a Canadian-based mineral resource exploration and development company focused on the discovery and advancement of high-value mineral deposits in British Columbia. The Company controls a portfolio of prospective mineral properties, including the Hat polymetallic deposit and the Red Spring copper-gold-silver project.

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

Website: 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.

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/260280

FAQ

What is the status of Doubleview Gold's (DBLVF) Red Spring Project exploration program in 2025?

Doubleview has initiated an advanced exploration program at Red Spring, starting with a 3D Induced Polarization (IP) survey of the Angus Zone, expected to complete by August 2025.

How much drilling has been completed at Doubleview's (DBLVF) Hat Project in 2025?

The Hat Project has completed over 6,500 meters of drilling in 2025, with drill hole H099 approaching the significant 100 drill hole milestone.

What is Doubleview Gold's (DBLVF) ownership stake in the Red Spring Project?

Doubleview Gold Corp owns a 90% interest in the Red Spring copper-silver-zinc-gold project located in central British Columbia, Canada.

What historical exploration work has been done at the Red Spring Project?

The project has undergone decades of previous exploration, including sampling, geophysical surveys, and approximately 4,000 feet of drilling in the central zone.

What minerals is Doubleview Gold (DBLVF) targeting at the Red Spring Project?

The Red Spring Project is targeting copper, silver, zinc, and gold mineralization as part of Doubleview's critical minerals portfolio.
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