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Doubleview Announces Commissioning of Maiden NI 43-101 Resource Estimate

Mine Development & Operations

Doubleview Gold Corp

TSX.V: DBG

OTCQB: DBLVF

FSE: A1W038

470 Granville St. Suite #822

Vancouver, BC, V6C 1V5

T:604.678.3899

F:778.379.8260

E:[email protected]

W:www.doubleview.ca

Date: 29/Aug/2022

Doubleview Announces Commissioning of Maiden NI 43-101 Resource Estimate

Doubleview Gold Corp (“Doubleview”, the “Company”) (TSX-V:DBG) is pleased to announce it

has engaged ABH Engineering Inc. (“ABH”) to initially complete an internal and independent

resource estimate that will ultimately lead to a NI 43-101 Technical Report, detailing a maiden

resource estimate for the Company’s HAT Polymetallic Deposit in northwest, British Columbia.

Exploration at the HAT Deposit has reached a stage of drilling where an internal resource estimate

would be useful to determine if the requirements for an NI 43-101 Technical Report detailing a

maiden resource estimate, have or will soon be triggered. The objective is to announce an NI 43-

101 compliant, copper and gold equivalent polymetallic resource exceeding 350 million tonnes

(“Mt”), as a minimum criterion to the development of the HAT deposit.

ABH will initially calculate an independent internal resource estimate for the company , allowing

Doubleview to be able to plan how the remainder of the 2022 drill program is to be directed.

If the internal resource estimate reaches or exceeds 350 Mt, it will be deemed that an NI 43-101

Technical Report comprising a maid en resource is necessary. This will allow the Company to

aggressively focus the remainder of its 2022 drilling program towards exploration.

If the internal resource estimate falls below the minimum threshold of 350 Mt, Doubleview will

focus the remainder its 2022 drilling activities, as directed by ABH, explicitly towards expanding

the resource to reach the company’s internal 350 Mt threshold.

Doubleview President and CEO, Mr. Farshad Shirvani stated “We are very pleased that the HAT

polymetallic deposit is entering its next phase of develop ment. Building a polymetallic resource

containing strategic metals in British Columbia, is a necessary step in advancing Canada’s energy

security. Metallurgical testing of scandium continues and if it is deemed to be economically

recoverable, it could substantially increase the economic potential of the Hat deposit as it would

be included with Au, Cu and Co metals in a future updated resource estimate. A maiden resource

estimate will only assess the current drilled volume but will not include the potential areas that are

anticipated to be explored by subsequent drilling programs.”

Qualified Persons:

Damir Cukor, P.Geo. is Doubleview’s Qualified Person with respect to the Hat Project as defined

by National Instrument 43 -101 Standards of Disclosure for Mineral Projects and has reviewed

and approved the technical contents of this news release. He is independent of Doubleview.

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], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. 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

Doubleview Gold Corp

TSX.V: DBG

OTCQB: DBLVF

FSE: A1W038

470 Granville St. Suite #822

Vancouver, BC, V6C 1V5

T:604.678.3899

F:778.379.8260

E:[email protected]

W:www.doubleview.ca

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 risk.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp

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 beyo nd

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.