Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP. PURSUES STRATEGIC GOVERNMENT ENGAGEMENT FOLLOWING US$400M U.S. DEPT OF WAR SCANDIUM FUNDING INITIATIVE

Doubleview Gold Corp., following the historic $400-million (U.S.) conditional loan commitment by the U.S. Department of War's Office of Strategic Capital (OSC) to finance allied primary scandium infrastructure, has initiated formal high-level strategic engagements with Canadian federal and provincial leadership.

The company has submitted an official strategic policy brief to the Right Hon. Mark Carney, Chair of the Prime Minister's Economic Advisory Council, and the Hon. David Eby, Premier of British Columbia. The memorandum outlines immediate pathways to secure and fast-track the development of the company's flagship Hat project, positioning British Columbia as a critical hub in the newly emerging Western G7 critical minerals and defence supply architecture.

The recent multimillion-dollar capital deployment by the United States government marks a decisive turning point in North American critical mineral sovereignty. Scandium is classified as a material of critical defence import due to its role in next-generation high-heat aluminum alloys used in aerospace, defence and specialized national security applications.

Core highlights of the Hat project (British Columbia Golden Triangle):

• Significant critical mineral footprint: As independently validated in the company's preliminary economic assessment (PEA), the Hat project hosts 2,415 tonnes of scandium oxide (see table 2) and 80 million pounds of cobalt (see table 1) in the measured and indicated categories.
• Robust financial metrics: The PEA demonstrates stellar economics, yielding an after-tax net present value (NPV) ranging between $6.73-billion and $7.27-billion with a 19-per-cent to 23-per-cent internal rate of return (IRR) utilizing consensus metal prices (see news release dated March 23, 2026).
• Tier 1 jurisdiction asset: Located within the infrastructure-rich Golden Triangle of British Columbia, the project offers an immediate domestic alternative to foreign, adversarial supply chain monopolies.

Farshad Shirvani, president and chief executive officer of Doubleview, commented: "The unprecedented mobilization of hundreds of millions of dollars by the U.S. government for allied scandium development signals that the critical mineral race has entered an entirely new, high-velocity operational phase. Canada, and British Columbia specifically, holds the keys to Western security through generational deposits like the Hat project. We are pro-actively engaging with Prime Minister Mark Carney and Premier David Eby's offices to ensure that domestic infrastructure capital, streamlined provincial permitting frameworks and cross-border defence supply integrations are prioritized immediately to capitalize on this migrating G7 capital."

The company plans to provide further corporate updates as its metallurgical optimization, prefeasibility study (PFS) preparations and high-level intergovernmental co-ordination continue to advance.

Qualified person

Mineit Consulting Inc. prepared the MRE in accordance with CIM definition standards on mineral resources and reserves. A technical report in support of the MRE will be filed on SEDAR+ within 45 days.

Tomasz Wawruch, FAusIMM, of Mineit, is the qualified person for the MRE, and has reviewed and approved the technical disclosure related to the MRE contained in this news release. Mr. Wawruch is a geology and mineral resource consultant independent of Doubleview. Gilles Arseneau, PhD, PGeo, of ARSENEAU Consulting Services Inc., provided an independent peer review of the MRE and did not identify any fatal flaws with the resource model prepared by Mr. Wawruch.

With respect to the Hat project metallurgical studies, EUR ING Andrew Carter, BSc, CEng, MIMMM QMR, MSAIMM SME, of Magister Metallurgy, is Doubleview's qualified person, as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects; he has reviewed and approved the technical contents of this news release. Mr. Carter is independent of Doubleview.

About the Hat project

The Hat project is a polymetallic copper-gold-cobalt-scandium project located in northwestern British Columbia. The project hosts a porphyry-style mineralized system, and has been the subject of extensive drilling, geological modelling, metallurgical work and technical studies. Doubleview continues to advance the Hat project through exploration, technical evaluation, metallurgical testwork and environmental baseline programs.

About Doubleview Gold Corp.

Doubleview, 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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