Mr. Farshad Shirvani reports
DOUBLEVIEW GOLD CORP 2025 EXPLORATION PROGRAM
Doubleview Gold Corp. has shared its plans for the coming 2025 exploration season for its 100-per-cent-owned B.C. projects. Based on the company's successful 2024 exploration season, which included publishing the Hat project's maiden resource estimate, exceptional high-grade drill results from its 10,000-metre drill program (please see the company's news release from Feb. 5, 2025) and the recently announced collaboration of the company with Sheikha Sara Nasser Al-Thani of Qmission of Qatar (please see the company's news release from March 5, 2025), Doubleview is readying its field crews for the coming field season.
Hat project -- 2025 program of work
Doubleview is setting out to continue building on its exploration success at its polymetallic Hat project. The 2024 drill results have provided important information, which is supporting the company's geological team in understanding the evolution of and ultimately the entire Hat Deposit system. The goals of the coming drill season are to continue to expand and build the resource to higher levels of confidence, to test newly identified targets to the northwest and east of the deposit, and to find the source of the system that created the Hat deposit.
Details for the environmental sampling program are currently being finalized. Doubleview's intensions are to implement this work to fulfill regulatory requirements necessary toward further development of the Hat project. The preliminary economic assessment with an updated mineral resource estimate is steadily progressing as expected.
President and chief executive officer Farshad Shirvani stated: "After achieving several milestones for the Hat project, it is time to continue its development. Our field crew, technical team and I are excited about the newly acquired information, which will guide this year's efforts. Our goals are to find the porphyry system's source, to further advance the integrity of the resource estimate categories, to continue advancing environmental work and building stakeholder relationships. There are less than 90 drill holes at the Hat project, and we have been able to show tremendous results. At the same time, it is very clear that there are many more opportunities to enhance the Hat deposit that our team is eager to explore."
Mr. Shirvani added: "The company is continuing its dialogue with Her Excellency Sara Nasser Al-Thani of Qmission of Qatar to build a strong relationship to explore optimal opportunities for both sides. With the worldwide growing attention on critical minerals, by governments and major mining companies alike, we believe that the company is [in] a great position."
Red Spring -- 2025 exploration program
Part of Doubleview's portfolio of projects is Red Spring, which is located in central British Columbia, Canada. It is a copper-silver-gold project which in recent exploration programs showed elevated zinc values. With copper and zinc being elements that are listed as critical minerals by the Canadian government, the Red Spring project merits a well-tailored exploration program. For this season, an extensive ground induced polarization program is planned, which will be followed up by drilling, based on the IP results. The goal of the exploration program is to build on existing data and, together with the new results, narrow down the potential deposit type. Currently, the two potential deposit types in focus for the project are sediment-hosted copper-silver deposits and Eskay Creek type deposits.
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Qualified person
Erik Ostensoe, PGeo, a consulting geologist, 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.
A mineral resource exploration and development company is headquartered in Vancouver, B.C., Canada. It is publicly traded on the TSX Venture Exchange. Doubleview focuses on identifying, acquiring and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium and silver projects -- collectively critical minerals -- utilizing cutting-edge exploration techniques.
Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters and institutional investors. Their continuing 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 mineral sector.
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