Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP.'S 2024 DRILLING CAMPAIGN PASSES 5,000M MARK

Doubleview Gold Corp. has provided an update on work at its Hat property in northwestern British Columbia. The wholly owned Hat project hosts a large copper-gold-cobalt-porphyry-type mineral deposit that was discovered in 2014, and has since been explored by technical surveys and drilling 79 diamond drill holes with a total length of 36,579.88 metres (m).

In the 2024 season, Doubleview has drilled more than 5,300 m in eight drill holes. This drill campaign is directed to the Lisle zone, where an initial mineral resource estimate (MRE-V1), prepared by independent consultants, reported an indicated resource of 150 million tonnes (t) and an inferred resource of 477 million t at cut-off grade of 0.2 per cent copper equivalent (CuEq), as well as a scandium potential of an estimated 300 million to 500 million t at an average grade of 40 parts per million (ppm). The MRE-V1 figures are: an indicated resource of 1.353 billion pounds (lb) of CuEq at 0.408 per cent CuEq, including 733 million pounds of copper, 28 million lb of cobalt, 929,000 ounces of gold and two million ounces of silver; and an inferred resource of 3.619 billion lb of CuEq at 0.344 per cent CuEq, including 1.945 billion lb of copper, 91 million lb of cobalt, 2,328,000 ounces of gold and 7,575,000 ounces of silver.

For more information on this MRE-V1, please see the company's news release dated July 25, 2024.

Current drilling will increase data density to promote the MRE-V1 to higher levels of confidence for inclusion in a follow-up MRE (MRE-V2).

Farshad Shirvani, president and chief executive officer of Doubleview, stated: "We are encouraged by the strength of the sulphide mineralization that confirms our geologic and mineralization model. As always, observations provide further clues to help us understand the genesis and formation of the Hat deposit."

Drill cores from the recently completed drill holes display numerous intervals of massive mineralization and textures and alteration that may be related to nearby intrusive rock formations that may be the source of the Hat deposit's mineralizing fluids.

Samples of all cores are being prepared at the Hat camp and forwarded to an independent ISO-certified analytical laboratory for assaying. All standard QA/QC (quality assurance/quality control) protocols are being observed. Significant assay results will be released when received from the laboratory.

Qualified person

Erik Ostensoe, PGeo, 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, 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 and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver 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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