Doubleview Gold Corp. Reports Promising Drill Results at the Hat Project

Doubleview Gold Corp. (TSXV: DVW) has announced the latest phase of its drilling program at the Hat Project, extending mineralization east of the 2024 conceptual pit and revealing deeper porphyry indicators. The company completed 992 m of drilling in hole H101, yielding 0.29 % CuEq (including Sc₂O₃) at a depth of 992.4 m. These findings reinforce the potential of the Hat Project as a candidate for a future copper‑cobalt‑gold‑silver deposit, and they expand the known mineralized zone beyond the initial pit design.

Key Highlights from Hole H101

  • Depth and Length: 992 m, from 7.5 m to 992.4 m, with a copper equivalent grade of 0.29 % CuEq.
  • Grade Details: Copper equivalent (CuEq) 0.29 % (0.15 % Cu, 0.14 % Co, 0.64 % Au), with associated silver at 0.29 % Au and 0.14 % Ag.
  • Geology: The hole penetrated a steeply dipping (≈ 75°) strike‑parallel trend of porphyry‑style mineralization, consistent with the broader Hat trend.
  • Implications: The results support an eastward extension of the mineralized system beyond the original pit, suggesting a larger resource envelope and reinforcing the viability of a copper‑cobalt‑gold‑silver exploration program.

Context within the Hat Project

Doubleview Gold’s recent drilling continues a systematic exploration strategy aimed at delineating the full extent of the Hat mineralized system. The company’s earlier holes (H100, H102, etc.) already documented significant copper and silver grades, with the most recent drilling now confirming that these trends persist at greater depths. The 2025 conceptual pit model, based on the latest data, estimates 150 t (0.408 % Cu, 0.221 % Co, 0.008 % Au, 0.19 % Ag) within the pit and an inferred resource of 477 t (0.344 % Cu, 0.185 % Co, 0.009 % Au, 0.15 % Ag).

Market Reaction

The announcement was met with mixed enthusiasm from investors. While the company’s share price remains volatile—closing at CAD 1.03 on 14 December 2025, below its 52‑week low of CAD 0.29—market participants recognize the strategic significance of the new drill results. Doubleview’s market capitalization of approximately CAD 235 million reflects the speculative nature of its operations, and the negative price‑earnings ratio (‑171.67) underscores the absence of earnings to date.

Forward‑Looking Statements

Doubleview Gold cautions that these results are preliminary and subject to further verification. The company plans to drill additional holes to confirm the continuity of the mineralization and to refine the resource model. Management remains optimistic that the Hat Project could evolve into a production‑grade deposit, but acknowledges that additional exploration, metallurgical testing, and environmental assessments are required before any development decision can be made.

Conclusion

Doubleview Gold Corp.’s latest drill results at the Hat Project provide compelling evidence of continued mineralization east of the existing pit and at greater depths. These findings strengthen the company’s resource base and underscore the potential of the Hat Project as a candidate for future development. Investors and analysts will now watch closely as Doubleview moves from exploration to resource confirmation, with the goal of unlocking a potentially significant copper‑cobalt‑gold‑silver asset in the heart of Canada’s mining corridor.