Doubleview Gold Corp Announces 320-Meter Eastward Extension at the Hat Polymetallic Deposit, Expanding Mineralized Volume and Remaining Open
MWN-AI** Summary
Doubleview Gold Corp (TSXV: DBG) has announced significant advancements at its Hat Polymetallic Deposit in northwestern British Columbia, revealing an eastward extension of approximately 320 meters in its mineralized system. This expansion highlights the potential for continued mineralization beyond current drilling limits, validating the geological model and enhancing the prospect for an increased Mineral Resource Estimate (MRE) scheduled for later in 2025.
As part of its 2025 exploration efforts, Doubleview has executed over 10,200 meters of drilling across 14 holes, successfully extending the deposit’s footprint and confirming robust mineralization in every completed hole. Key drill holes (H100-H102) have shown a successful eastward expansion, supporting the hypothesis of a high-volume, porphyry-style mineralization system within the deposit.
President and CEO Farshad Shirvani expressed optimism about the new drill results, stating they represent a notable advancement in understanding the true scale of the Hat Deposit. This discovery not only suggests strong continuity of the mineralizing system but positions Doubleview favorably for a meaningful resource upgrade given the anticipated data.
The Hat Deposit is characterized by its robust association with critical metals, including copper, gold, cobalt, and scandium. The ongoing drilling work has solidified its standing as a significant source of these resources, reinforcing the company's commitment to responsible exploration and community engagement.
As assay results continue to be obtained and analyzed, Doubleview maintains a proactive approach to updating stakeholders on findings. The support from long-term investors remains critical in facilitating the advancement of the Hat Project, which promises to contribute to North America’s critical metals supply chain considerably.
MWN-AI** Analysis
Doubleview Gold Corp (TSXV: DBG) is demonstrating significant geological potential with its recent announcement regarding a 320-meter eastward extension at the Hat Polymetallic Deposit in British Columbia. This development is critical as it underscores the deposit's growth potential, especially ahead of the anticipated Mineral Resource Estimate (MRE) slated for release in 2025.
The ongoing drilling program, which has exceeded 10,200 meters across 14 holes, has continually intersected mineralization, validating the Company's geological model and emphasizing the continuity of the mineralizing system. Investors should take note of the growth in the mineralized volume, which can lead to a more substantial resource estimate. Magnitude is crucial in the mining sector—larger volumes of quality resources often correlate with increased market valuations.
Given the importance of critical minerals like cobalt and scadinium, especially in the context of the increasing demand for electric vehicle batteries and green technologies, Doubleview Gold's focus on these metals positions the company advantageously within the sector. As the world moves towards sustainable energy, companies with significant holdings in critical minerals are likely to see heightened investor interest.
Considering these developments, investors should closely monitor the progress of the assay results and the subsequent MRE announcement. Positive results could trigger a re-evaluation of the company’s stock, highlighting the fact that the Hat Deposit is not only a copper-gold exploration project but also a potential leader in the emerging critical metals market.
In conclusion, while market conditions for mining stocks can be volatile, the ongoing advancements at Doubleview Gold Corp present a compelling narrative for potential investment. Investors should consider entry points aligned with assay result releases and the MRE announcement to optimize their positions in this promising exploration company.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to report that ongoing drilling at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia has extended the mineralized system approximately 320 meters eastward, further confirming that the deposit remains open in multiple directions. The 2025 exploration program continues to expand the mineralized envelope, with results expected to contribute significantly to the upcoming Mineral Resource Estimate (MRE).
2025 Exploration Program Highlights
To date in 2025 drill program, the Company has completed more than 10,200 meters of drilling in 14 holes. The focus has been to step out from the known resource limits to prove continuity and scale. Key results from this phase of the program include:
- Significant Extension: Drill holes H100 through H102 have successfully extended the deposit's footprint more than 320 meters eastward, confirming that the high-volume porphyry-style mineralization remains open and undefined in this direction.
- Consistent Mineralization: Mineralization has been intersected in every hole completed in the 2025 program, validating the geological model and suggesting strong continuity of the mineralizing system.
- Resource Inclusion: The entire drill database to hole H101 will be included in the revised MRE, anticipated for release in 2025. The expanded footprint with stronger assay data and strong visuals as illustrated in the accompanying core photo gallery, is expected to allow a meaningfully increased resource estimate.
The 2025 drilling program comprises more than 10,200 meters in 14 holes and the observed mineralization has been extended more than 320 metres to the east. The interpreted mineralization and the apparent growth in volume provide strong support for the forthcoming MRE that is scheduled for completion within the next 60 days. Fresh assays are being received almost daily from the laboratory and will be released when processed by our technical team.
"These new drill results represent a major step forward in understanding the true scale of the Hat Deposit," said Farshad Shirvani, President and CEO of Doubleview Gold Corp. "The 320-meter eastward extension, combined with probable continued mineralization beyond the current limits of drilling, highlights the significant expansion potential of the system and positions Doubleview for a meaningful resource upgrade.
"The Hat Deposit, characterized by its copper-gold-cobalt-scandium association, continues to demonstrate robust continuity of mineralization and growing tonnage potential. Drilling to date indicates a broad, strongly mineralized system with elevated scandium and copper values that support the Company's strategy to define one of North America's largest critical-metal-bearing polymetallic deposits. Important amounts of gold, cobalt and silver are present.
A detailed drill section and plan map illustrating the newly expanded mineralized area are provided below. In addition, a gallery of approximately 60 core photographs from recently completed, non-reported holes accompanies this release. The Company anticipates announcing assay results from these holes as soon as analytical data are received, validated, and interpreted."
IMPORTANT VISUAL DISCLOSURE: The visual observations of mineralization, including core photos, are preliminary in nature and are not a substitute for assay results. The Company cautions that visual estimates of mineralization are not indicative of the actual grade or economic viability of the resource. Assay results are pending for the core included in the photos and will be published once received, verified, and analyzed under the Company's strict Quality Assurance/Quality Control (QA/QC) program.
Figure 1: Drill Plan with the Induced Polarization Plan and 2024 Conceptual Pit Outline, showing the new extensions.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/271591_b1e46f8114db4806_001full.jpg
Figure 2: Section on H093 to H096, H100 to H102, and 2024 Conceptual Pit Outline
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/271591_b1e46f8114db4806_002full.jpg
Core Photo Gallery: The following images are showing a few mineralization intervals of the H097 to H102:
To view the enhanced versions of these graphics, please visit:
https://www.doubleview.ca/core-samples-h100-to-h102/
About Doubleview Gold Corp
Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.
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.
For more information, please visit: 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 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 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:
| Average Grade | Metal Content | |||||||||||
| Open Pit Model Hat | Resource Category | Tonnage | 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 (0.004%) Sc2O3.
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/271591
FAQ**
How has the ongoing drilling at Doubleview Gold Corp. DBG:CC's Hat Polymetallic Deposit contributed to the overall mineral exploration landscape in Vancouver, British Columbia?
What implications do the positive drilling results from Doubleview Gold Corp. DBG:CC have for investor confidence in the critical minerals sector in British Columbia?
In what ways could the anticipated increased resource estimate from Doubleview Gold Corp. DBG:CC influence future mining regulations and policies in Vancouver, British Columbia?
How does Doubleview Gold Corp. DBG:CC's commitment to responsible exploration and Indigenous engagement impact its reputation and operations within the Vancouver business community?
4. Considering the environmental and social responsibilities mentioned, how does Doubleview Capital DBLVF plan to engage local communities as part of its ongoing exploration and development strategy in British Columbia?
**MWN-AI FAQ is based on asking OpenAI questions about Doubleview Gold Corp. (TSXVC: DBG:CC).
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