Doubleview Gold Corp. Achieves a Major Breakthrough in Scandium Recovery from Copper Porphyry Tailings
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
2025-11-25
Doubleview Gold Corp. Achieves a Major Breakthrough in Scandium Recovery from Copper Porphyry Tailings
Vancouver, BC, November 25, 2025 - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (Frankfurt: A1W038)
("Doubleview" or the "Company") is pleased to announce positive first-phase pre-optimization results from its
two-year, novel scandium-focused metallurgical test program. These results confirm the technical viability of
recovering high-purity scandium oxide alongside copper, gold, cobalt, and other metals from the Company's
100%-owned flagship HAT polymetallic deposit in northern British Columbia.
This breakthrough development marks a global first: The successful recovery of scandium from copper
porphyry flotation tailings to a scandium oxide product.
The primary objective of this extensive test program, conducted at SGS Canada Inc., was to establish a viable
proprietary flowsheet enabling scandium to be included in the upcoming, updated mineral resource estimate
and preliminary economic assessment, potentially as measured, indicated, or inferred resources. The Company's
maiden resource estimate (July 25, 2024) highlighted a scandium potential of 300 to 500 million tonnes grading
approximately 40 ppm Sc2O3.
“The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden
resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in
nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further
exploration will result in the target being delineated as a mineral resource.”
Early metallurgical test work demonstrated that scandium could be extracted from copper flotation tailings.
Subsequently, through an innovative robust test work programme at SGS Canada Inc., it has been successfully
demonstrated that scandium in flotation tailings can be recovered to a high purity di-scandium tri-oxide product
(Sc2O3).
Key metallurgical results include:
• Primary scandium extraction (leach): 82%
• Overall scandium recovery to high-purity Sc2O3 product: 88%
Future work to advance the Hat project will focus on continuous pilot plant testing and further optimization to
improve primary extraction and enhance final product purity.
Farshad Shirvani, President and CEO of Doubleview Gold Corp., stated:
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
"Today's results are a game-changer for the HAT project and potentially for the entire scandium industry on the
world stage. World scandium supply is severely limited although there are several scandium projects currently
being considered for development. Our metallurgy program shows that at HAT, we can recover high-value
scandium directly from the tailings of a standard copper flotation circuit, using acid produced from internally
generated pyrite. If the HAT project advances to production, scandium could become a high-margin bonus on
top of a potential world-class copper-gold-cobalt operation.
Now that we've established the technical viability of scandium recovery, the next steps will focus on pushing
extraction and overall recovery as high as possible through continued optimization and pilot-scale testing. I
could not be more excited about what the future holds for Doubleview shareholders and all our stakeholders."
The pictures below show the first Scandium Oxide (Sc2O3) produced from the Hat Deposit in the lab. Doubleview
now plans to continue its metallurgical optimization program to enhance the recovery of scandium and other
metals, including copper, cobalt, gold, and silver, which are critical for the upcoming prefeasibility study.
Photo 1: Scandium Oxide (Sc2O3) from the Hat deposit
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
Photo2: Scandium Oxide (Sc2O3) from the Hat deposit
Qualified Person:
EUR ING Andrew Carter B.Sc., CEng., MIMMM (QMR), MSAIMM, SME, Doubleview's Qualified Person with
respect to the HAT Project metallurgical studies as defined by National Instrument 43 -101, has reviewed and
approved the technical content of this news release and is independent of the Company.
What is Scandium?
Scandium (Sc) , (atomic weight 45.10, density 2.5), a close relative of the Rare Earth elements, possesses
exceptional properties when alloyed with other metals, particularly aluminum. It is lightweight, corrosion-
resistant, and as an alloy is capable of dramatically improving strength, heat resistance, and weldability without
adding significant weight. When combined with aluminum, scandium forms alloys that achieve the strength of
steel while maintaining the light weight of aluminum, enabling revolutionary applications in transportation,
aerospace, and clean energy. Scandium's scarcity, produced in limited quantities globally, primarily as a
byproduct, makes it a high-value critical mineral, with prices often exceeding $5,000 per kilogram. Its
applications span aerospace, defense, and increasingly, the clean energy sector, where it plays a pivotal role in
advancing sustainable technologies. Global scandium resources are dominated by projects in Australia and
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
northern Europe. Canadian deposits potentially can allow diversity of supply within a stable and mature mining
jurisdiction.
About Doubleview Gold Corp
Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the
100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia.
The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential.
Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that
benefits both shareholders and local communities.
Doubleview's success is deeply rooted in the unwavering support of its long -term shareholders, supporters, and
institutional investors. Their ongoing 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 minerals sector.
For more information, please visit: www.doubleview.ca
About the Hat Polymetallic Deposit
The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources
of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical
minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource
estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release,
is summarized below:
Average Grade Metal Content
Open
Pit
Model
Hat
Resource
Category
Tonnage CuEq Cu Co Au Ag CuEq Cu Co Au Ag
Mt % % % g/t g/t million
lb
million
lb
million
lb
thousand
oz
thousand
oz
In Pit
Indicated 150 0.408 0.221 0.008 0.19 0.42 1,353 733 28 929 2,045
Inferred 477 0.344 0.185 0.009 0.15 0.49 3,619 1,945 91 2,328 7,575
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40
ppm (0.004%) Sc2O3.
For further details of the MRE, please refer to the Company's July 25, 2024 news release.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
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Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
prefeasibility and feasibility studies, and the possibility that future exploration, development or mining
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