Doubleview Gold Corp Provides Comprehensive Update on Its Flagship Project - the Polymetallic Hat Deposit
Doubleview Gold Corp (OTCQB: DBLVF) has provided a comprehensive update on its 100%-owned polymetallic Hat Deposit in northwestern British Columbia. The company has completed 4,500 meters of diamond drilling across 7 new holes in its 2025 exploration program, with hole H096 reaching a notable depth of 922.5 meters.
Three key developments include: ongoing scandium recovery studies with three independent metallurgical facilities showing encouraging interim results, advancement of a Preliminary Economic Assessment (PEE) incorporating an updated Mineral Resource Estimate, and completion of environmental baseline studies and Archaeological Impact Assessment for future permitting processes.
The company reports significant interest from global investment entities, sovereign wealth funds, and top-tier mining companies, particularly regarding critical metals like scandium, copper, and cobalt.
Doubleview Gold Corp (OTCQB: DBLVF) ha fornito un aggiornamento completo sul deposito polimetallico Hat, di sua proprietà al 100%, situato nel nord-ovest della British Columbia. La società ha completato 4.500 metri di perforazioni diamantate distribuiti in 7 nuovi fori nel suo programma di esplorazione 2025, con il foro H096 che ha raggiunto una profondità significativa di 922,5 metri.
Tre sviluppi chiave includono: studi in corso sul recupero dello scandio condotti da tre impianti metallurgici indipendenti che mostrano risultati preliminari promettenti, il progresso di una Valutazione Economica Preliminare (PEE) che integra una stima aggiornata delle risorse minerarie, e il completamento degli studi ambientali di base e della Valutazione dell’Impatto Archeologico per i futuri processi di autorizzazione.
La società segnala un interesse significativo da parte di enti di investimento globali, fondi sovrani e compagnie minerarie di alto livello, in particolare riguardo metalli critici come scandio, rame e cobalto.
Doubleview Gold Corp (OTCQB: DBLVF) ha proporcionado una actualización completa sobre su depósito polimetálico Hat, del cual posee el 100%, ubicado en el noroeste de Columbia Británica. La compañía ha completado 4.500 metros de perforación diamantina en 7 nuevos pozos dentro de su programa de exploración 2025, con el pozo H096 alcanzando una profundidad notable de 922,5 metros.
Tres desarrollos clave incluyen: estudios continuos de recuperación de escandio con tres instalaciones metalúrgicas independientes que muestran resultados provisionales alentadores, el avance de una Evaluación Económica Preliminar (PEE) que incorpora una estimación actualizada de los recursos minerales, y la finalización de estudios ambientales básicos y Evaluación de Impacto Arqueológico para futuros procesos de permisos.
La compañía reporta un interés significativo por parte de entidades de inversión globales, fondos soberanos y compañías mineras de primer nivel, especialmente en relación con metales críticos como el escandio, el cobre y el cobalto.
Doubleview Gold Corp (OTCQB: DBLVF)는 북서부 브리티시컬럼비아에 위치한 100% 소유의 다금속 Hat 광상에 대한 종합적인 업데이트를 제공했습니다. 회사는 2025년 탐사 프로그램에서 7개의 신규 시추공에 걸쳐 4,500미터의 다이아몬드 시추를 완료했으며, H096 시추공은 주목할 만한 깊이인 922.5미터에 도달했습니다.
주요 세 가지 발전 사항은 다음과 같습니다: 스칸듐 회수 연구의 지속으로, 세 개의 독립된 야금 시설에서 고무적인 중간 결과가 나타났으며, 갱신된 광물 자원 추정치를 포함한 예비 경제성 평가(PEE)의 진전, 그리고 향후 허가 절차를 위한 환경 기초 연구 및 고고학적 영향 평가 완료입니다.
회사는 스칸듐, 구리, 코발트와 같은 핵심 금속에 대해 전 세계 투자 기관, 국부펀드 및 최상위 광산 회사들로부터 상당한 관심을 받고 있다고 보고했습니다.
Doubleview Gold Corp (OTCQB : DBLVF) a fourni une mise à jour complète sur son gisement polymétallique Hat dont elle détient 100 % dans le nord-ouest de la Colombie-Britannique. La société a achevé 4 500 mètres de forage diamanté répartis sur 7 nouveaux trous dans le cadre de son programme d'exploration 2025, le trou H096 ayant atteint une profondeur notable de 922,5 mètres.
Trois développements clés incluent : des études en cours sur la récupération du scandium avec trois installations métallurgiques indépendantes montrant des résultats intermédiaires encourageants, l'avancement d'une Évaluation Économique Préliminaire (PEE) intégrant une estimation actualisée des ressources minérales, ainsi que l'achèvement des études environnementales de base et de l'Évaluation de l'Impact Archéologique pour les futurs processus d'autorisation.
La société rapporte un intérêt significatif de la part d'entités d'investissement mondiales, de fonds souverains et de sociétés minières de premier plan, notamment concernant les métaux critiques tels que le scandium, le cuivre et le cobalt.
Doubleview Gold Corp (OTCQB: DBLVF) hat ein umfassendes Update zu seinem zu 100 % im Besitz befindlichen polymetallischen Hat-Lager in Nordwest-Britisch-Kolumbien veröffentlicht. Das Unternehmen hat im Rahmen seines Explorationsprogramms 2025 4.500 Meter Diamantbohrungen in 7 neuen Bohrlöchern abgeschlossen, wobei das Bohrloch H096 eine bemerkenswerte Tiefe von 922,5 Metern erreichte.
Drei wesentliche Entwicklungen umfassen: laufende Studien zur Scandium-Rückgewinnung mit drei unabhängigen metallurgischen Anlagen, die vielversprechende Zwischenergebnisse zeigen, den Fortschritt einer Vorläufigen Wirtschaftlichkeitsbewertung (PEE), die eine aktualisierte Schätzung der Mineralressourcen einbezieht, sowie den Abschluss von Umwelt-Basisstudien und einer archäologischen Auswirkungenbewertung für zukünftige Genehmigungsverfahren.
Das Unternehmen berichtet von großem Interesse seitens globaler Investmentgesellschaften, Staatsfonds und erstklassiger Bergbauunternehmen, insbesondere in Bezug auf kritische Metalle wie Scandium, Kupfer und Kobalt.
- Completion of 4,500 meters of diamond drilling across 7 new holes in 2025
- Encouraging interim results from scandium recovery studies at three independent facilities
- Successful completion and acceptance of Archaeological Impact Assessment studies
- Strong interest from global investors and mining companies for critical metals development
- Environmental baseline studies and permitting roadmap initiated proactively
- Final results from scandium recovery studies still pending
- PEA and updated Mineral Resource Estimate still in progress
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (WKN: LA1W038) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to provide a detailed update on its
Polymetallic Hat Deposit — Momentum Builds for Resource Enhancement and Scandium Metallurgy
The Company is currently executing its most extensive field activities to date at the Hat Project. The 2025 drill campaign is well underway and seamlessly connecting to the successes of the previous seasons, significantly advancing our geological understanding and laying a robust foundation for an updated mineral resource estimate which will be part of the preliminary economic assessment.
In the Company's ongoing 2025 exploration program, Doubleview has completed 4,500 meters of diamond drilling across 7 new holes, with an average depth of approximately 665 meters. This includes drill hole H096, which impressively reached a total depth of 922.5 meters. These efforts have successfully targeted intended zones within the deposit, providing invaluable information for resource modeling and estimation. The drill core photos at the end of this news release show a few select mineralization intercepts.
Looking ahead, the next phases of drilling will focus on evaluating the eastern edges and reaching into the deeper parts of the Hat deposit, with the objective of further expanding the known mineralization footprint and understanding the genesis of the deposit.
Scandium Recovery Studies — A Strategic Priority
Given the critical importance of scandium — a highly sought-after rare earth mineral in North America — Doubleview is placing special emphasis on its extraction and recovery from Hat deposit with the objective of developing an achievable process to produce an economical and marketable product.
Three accredited professional metallurgical facilities are independently conducting parallel testwork on the Hat Deposit's samples. Diverse methodologies are employed during the bulk processing by each entity. While final results are anticipated, interim meetings and discussions have been extremely encouraging, suggesting significant recovery potential for scandium. These studies are integral to the mineral resource evaluation and will define the best marketable product.
Preliminary Economic Assessment (PEA)
The Preliminary Economic Assessment (PEA) for the Hat Deposit is currently underway across several disciplines. This includes incorporating the updated Mineral Resource Estimate (MRE) Version 2, which will integrate all drill hole results of the 2024 drill campaign. Many other aspects of the mineral deposit's final modeling and evaluation are simultaneously progressing. Notably, scandium would potentially be added to the resource evaluation, which could further enhance the project's economic outcome. The completed PEA will represent the conclusion of the due diligence process for several interested parties that may potentially join the Company in developing the Hat Deposit.
Environmental and Permitting Pathway Advances
In a forward-looking initiative, Doubleview commissioned environmental baseline studies to a leading engineering company. This work includes the design of an environmental permitting road map for the Hat Project. The goal is to ensure all data is collected within the guidelines of relevant future permitting processes. This early-stage information is vital for forthcoming advanced studies designed to help the project progress efficiently.
Archaeological Impact Assessment studies (AIA) have successfully been completed and accepted by the Archaeology Branch of British Columbia. The presented results of these studies are an important step in journey of the development of the Hat Project.
Executive Commentary:
Farshad Shirvani, M.Sc., Geology, President and CEO of Doubleview Gold Corp:
"Our commitment to advancing critical mineral projects is unwavering. The ongoing work at our Hat deposit, from aggressive drilling to pioneering scandium metallurgy, underscores our dedication to creating long-term value for all stakeholders. We are building a robust foundation for the future, strategically positioning Doubleview at the forefront of the polymetallic and critical minerals landscape in British Columbia.
The exciting developments at the Hat Project have garnered significant interest with globally leading investment entities, sovereign wealth funds, as well as top-tier mining companies who envision themselves as pillars of the future of critical metals, such as scandium, copper and cobalt. This led to promising high-level discussions with these interested parties. We find ourselves at a unique juncture, and I strongly believe we are diligently exploring all opportunities presented to us to maximize our shareholders' success."
Drill core photos of a few select mineralization intercepts
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About Doubleview Gold Corp
Doubleview Gold Corp, 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.
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, please refer to the Company's July 25, 2024 news release.
Qualified Person:
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 written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.
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/259000
FAQ
What progress has Doubleview Gold (DBLVF) made in its 2025 Hat Deposit drilling program?
How is Doubleview Gold advancing scandium recovery at the Hat Deposit?
What is the current status of Doubleview's Hat Deposit PEA?
What environmental and permitting progress has Doubleview made at the Hat Project?
What critical minerals is Doubleview targeting at the Hat Deposit?
