Mr. Farshad Shirvani reports

DOUBLEVIEW REPORTS MAIDEN MINERAL RESOURCE ESTIMATE WITH 150 MILLION TONNES INDICATED (0.408% CUEQ) AND 477 MILLION TONNES INFERRED (0.344% CUEQ) RESOURCE

Doubleview Gold Corp. has released the maiden mineral resource estimate (MRE) of its 100-per-cent-owned polymetallic Hat porphyry project, located in northwestern British Columbia. With major content of copper, gold, cobalt as well as the potential of scandium, Hat can become an important source of critical minerals.

Farshad Shirvani, president and chief executive officer of Doubleview Gold, commented: "Year by year, the size of the deposit was increased by very targeted drilling, bringing it to a footprint of about 1.5 kilometres by 1.38 kilometres. I appreciate my technical and management team in this endeavour. We've discovered numerous additional elements within the Hat deposit that will soon be unveiled, each further showcasing the deposit's uniqueness and enhancing the resource."

Scandium potential for Hat project

Scandium potential for the Hat deposit is estimated to be 300 million to 500 million tonnes at an average grade of 40 parts per million (0.004 per cent) Sc2O3 (scandium oxide). The scandium potential is confined solely to the resource blocks that meet a cut-off grade of 0.2 per cent copper equivalent within the open-pit shell that defines the extent of the MRE. Any mineralized blocks outside the pit shell were not considered to be part of the scandium potential.

Scandium potential:

1. The scandium potential is confined to the resource blocks that meet a cut-off grade of 0.2 per cent CuEq within the open-pit shell that defines the extent of the MRE.
2. Preliminary metallurgical test work focused on producing a high-gold, low-cobalt copper concentrate and a low-gold, high-cobalt pyrite concentrate. Scandium is primarily associated with pyroxene and amphibole gangue minerals and reports to flotation tails. Tests have demonstrated that scandium can be extracted from tailings using sulphuric acid at elevated temperature as a lixiviant. Test work has also shown that scandium can be separated into an intermediate scandium-aluminum product that can be processed further for the recovery of a scandium oxide product. Separation of scandium and aluminum is the focus of the next phase of test work. The concept being developed is that the pyrite concentrate can be developed as a source of acid for both cobalt and scandium recovery.

The Hat deposit

The Hat claims property consists of 10 mineral tenures covering 5,200 hectares located north of the Golden Bear mine road in northwestern British Columbia.

The MRE was prepared by Micon in accordance with CIM (Canadian Institute of Mining, Metallurgy and Petroleum) definition standards on mineral resources and reserves. A technical report in support of the MRE will be filed on SEDAR+ within 45 days.

William J. Lewis, PGeo, and Chitrali Sarkar, MSc, PGeo, of Micon are the qualified persons for the MRE and have reviewed and approved the technical disclosure relating to the MRE contained in this news release. Both Mr. Lewis and Ms. Sarkar are independent of Doubleview.

EUR ING Andrew Carter, BSc, CEng, MIMMM QMR, MSAIMM, SME, of Tetra Tech Geo-Environment & Mining Services is Doubleview's qualified person with respect to the Hat project metallurgical studies, as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical contents of this news release. He is independent of Doubleview.

About Doubleview Gold Corp

Doubleview Gold, a mineral resource exploration and development company, is based in Vancouver, B.C., Canada, and is publicly traded on the TSX Venture Exchange. Doubleview identifies, acquires and finances precious metal and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper, cobalt, scandium and silver (collectively critical minerals) properties and the application of advanced state-of-the-art exploration methods. The company's portfolio of strategic properties provides diversification and mitigates investment risks.

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