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DBG.V ·

Doubleview update on the HAT Deposit

Corporate Updates

Doubleview Gold Corp

TSX.V: DBG - OTC: DBLVF - FSE: A1W038

470 Granville St. Suite #822

Vancouver, BC, V6C 1V5

T:604.678.9587

F:778.379.3899

E:[email protected]

W:www.doubleview.ca

Date: 08/Feb/2020

Doubleview update on the HAT Deposit

Doubleview Gold Corp. ("Doubleview", "Company") (TSXV:DBG) (OTC PINK: DBLVF) (FRANKFURT: 1D4)

is pleased to provide an update on its Hat Gold rich Copper Porphyry deposit, including metallurgical test

work and much anticipated results of the 2020 drilling program that was completed in December.

Metallurgy:

Preliminary metallurgical characterisation test work of a composite sample of HAT mineralogical materials

is underway at Sepro Laboratories, Langley BC. Examination of drill core analytical data indicated a general

correlation of both cobalt and gold with sulphur (pyrite). Batch flotation test work has been initiated to

assess the recoverability of cobalt, with the objective of producing a high-gold copper concentrate and a

high-cobalt pyrite concentrate. The work is being conducted under the direction of EurIng Andrew Carter

BSc, CEng, MIMMM, MSAIMM, SME of Tetra Tech – Coffey who is the QP for the test work.

In conducting the metallurgical work, the Company expects to present shareholders a more complete

assessment of the value of the HAT Deposit.

2020 Drill Data:

The current cycle of high metal commodity prices, inc luding in particular, gold and copper prices, is

supported by growing industrial and investment demand, accelerated by the rapidly expanding Electric

Vehicle industry and a global desire to rejuvenate the world economy. Here at home, renewed mineral

exploration activity, particularly in the Golden Triangle of northern B. C., coupled with Covid -19 related

operating challenges, has caused exceptional delays in laboratory processing of analytical samples.

Doubleview’s Hat Project samples are being advanced through the laboratory and we expect to receive

results in the near future. Assay results will be announced immediately following verification and

interpretation. Data will be added to the Hat Project database and used in planning the 2021 field

program.

Exploration Drilling 2021:

An aggressive 2021 exploration program is being planned. Suppliers and contractors are ready to begin

work when conditions permit. The Hat database has been updated and amended with the addition of

geological information from la st year’s work and the exploration model may be further refined when

analyses are available. Drill hole locations will be guided by our interpretation of all data and focused on

the 3D IP that an updated 3D model can be viewed following the link below.

https://www.youtube.com/watch?v=3G3FFo-mHP0

The Hat Project is fully permitted for 2021 work.

About Doubleview Gold Corp

Doubleview Gold Corp, a mineral resource exploration and development company, is based in

Vancouver, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange [TSX-V:DBG],

[OTCBB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances

Doubleview Gold Corp

TSX.V: DBG - OTC: DBLVF - FSE: A1W038

470 Granville St. Suite #822

Vancouver, BC, V6C 1V5

T:604.678.9587

F:778.379.3899

E:[email protected]

W:www.doubleview.ca

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. Doubleview’s

portfolio of strategic properties provides diversification and mitigates investment risk.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp

Vancouver, BC, V6C 1V5

Farshad Shirvani, President & CEO

T: (604) 678-9587

E: [email protected]

Forward-Looking Statements

Information set forth in this news release contains forward -looking statements that are based on

assumptions as of the date of this news release. These statements reflect management’s current

estimates, beliefs, intentions and expectations. They are not guarantees of future performance.

Doubleview cautions that all forward-looking statements are inherently uncertain and that actual

performance may be affected by a number of material factors, many of which are beyond Doubleview’s

control. Such factors include, among other things: risks and uncertainties relating to Doubleview’s limited

operating history and the need to comply with environmental and governmental regulations. Accordingly,

actual and future events, conditions and results may differ materially from the estimates, beliefs,

intentions and expectations expressed or implied in the forward-looking information. Except as required

under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise

forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED

IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR

ACCURACY OF THIS RELEASE.