Doubleview Gold Corp. Announces Filing of Preliminary Economic Assessment Technical Report for the Hat Project
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
W:www.doubleview.ca
2026/04/14
Doubleview Gold Corp. Announces Filing of Preliminary Economic
Assessment Technical Report for the Hat Project
Vancouver, British Columbia - April 14, 2026 - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF)
(FSE: 1D4) (“Doubleview” or the “Company”) is pleased to announce that it has filed the
independent National Instrument 43 -101 Technical Report entitled “Preliminary Economic
Assessment of the Hat Polymetallic Project, British Columbia, Canada” (the “Technical Report”) on
SEDAR+ at www.sedarplus.ca and it can also be viewed on the Company’s website at
www.doubleview.ca. The Technical Report supports the positive Preliminary Economic Assessment
(“PEA”) results for the Company’s 100% -owned Hat polymetallic porphyry project (“Hat” or the
“Project”), located in northwestern British Columbia, as announced on March 2, 2026 and clarified
on March 23, 2026.
The PEA demonstrates robust project economics for the Hat Project, including:
NPV:
• After-tax NPV(5%) of C$6.73 billion and IRR of 23% at Consensus Metal Prices
• After-tax NPV(5%) of C$13.53 billion and IRR of 39% at Spot Metal Prices
NPV Including scandium and the associated processing circuit:
• After-tax NPV(5%) of C$7.27 billion and IRR of 19% at Consensus Metal Prices
• After-tax NPV(5%) of C$14.85 billion and IRR of 32% at Spot Metal Prices
Three processing scenarios were evaluated-Scenario A1 (A1) a Cu-Au-Ag-Co flotation base case using
current testwork recoveries1, Scenario A2 (A2), the same base case using expected recoveries1, and
Scenario B (B), a Cu -Au-Ag-Co flowsheet with an added hydrometallurgical circuit and scandium
recovery circuit, with results indicating the Project is financially attractive even without the scandium
component.
Highlights:
• Robust Project Economics: The PEA demonstrates a high -margin operation with an After -
Tax NPV(5%) of C$4.96 billion (A1), C$6.73 billion (A2), or C$7.27 billion (B), and an IRR of
19% (A1), 23% (A2), or 19% (B) at analyst consensus metal prices 2. Using a spot -price
scenario3, the Project delivers a compelling after-tax NPV(5%) of C$11.05 billion (A1), C13.53
billion (A2), or C$14.85 billion (B) and an IRR of 34% (A1), 39% (A2), or 32% (B).
• Sensitivity Highlight: Project economics show the greatest leverage to overall metal prices,
with NPV (5%) ranging from C$3.2 billion to C$10.2 billion (IRR: 14% -32%) at ±20% on all
metals; even under additional +20% CAPEX and +20% OPEX sensitivities, applied on top of a
25% contingency already embedded in the base case, all scenarios deliver IRRs of 16% or
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
W:www.doubleview.ca
better, and Scenario B provides additional scandium oxide upside with NPV(5%) of C$6.5
billion-C$8.1 billion (IRR: 18%-20%) at ±40% metal price.
• Scale and Longevity: The mine plan supports a multi -decade life of 25 years at a 120,000
tonnes-per-day processing rate, underpinned by a resource base of 609 Mt at 0.43% CuEq4 in
the Measured and Indicated categories and 503 Mt at 0.41% CuEq4 in the Inferred category.
• High-Output Production Profile B: Envisioned as a conventional large -scale open -pit
operation, the Project is expected to produce an average of over 74 kt of copper, 254 koz of
gold, 376 koz of silver and 2.7 kt of cobalt annually during the first 10 years, with life-of-mine
(LOM) average production of 67.6 kt Cu, 217 koz Au, 348 koz Ag, 2.5 kt Co, and 128 tonnes
of scandium oxide per year. (NOTE: based on publicly reported 2024 North American cobalt
mine production of approximately 3,800 -4,000 tonnes (Natu ral Resources Canada; U.S.
Geological Survey), the projected cobalt output is estimated to represent approximately
69% of current regional mined supply).
• Strategic Importance for Critical Minerals: The Project is positioned as a primary North
American source of copper, scandium, and cobalt. With approximately 2.42 billion pounds
of copper, 80 million pounds of cobalt and 2,415 tonnes of scandium oxide contained5 in the
Measured and Indicated categories, the Project represents an important discovery of critical
minerals.
• Stable, Supportive Jurisdiction: Located in a premier mining district in British Columbia, the
Project benefits from a stable regulatory environment. The Company is committed to
engaging with local First Nations in a respectful manner and to working toward positive and
constructive relationships as the Project advances.
• Catalyst for Development: The PEA serves as the technical foundation for an immediate
transition into a Pre-Feasibility Study (PFS), providing a clear roadmap for early works and
permitting activities in 2026 and 2027.
Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: “The filing of the full
PEA Technical Report solidifies the robust economics outlined in March. With an after-tax NPV(5%)
reaching up to C$7.27 billion at consensus prices and up to C$14.85 billion at spot prices, we believe
the Hat Project is emerging as a Tier 1 asset. It is a large -scale, long-life polymetallic opportunity in
a premier jurisdiction with strong exposure to critical metals including copper, scandium and cobalt.
We look forward to advancing this strategic asset toward pre-feasibility while continuing to unlock
value from its copper, gold, scandium and cobalt potential.”
The Company cautions that the PEA is preliminary in nature and includes inferred mineral resources
that are considered too speculative geologically to have the economic considerations applied to
them that would enable them to be categorized as mineral reserves. There is no certainty that the
PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated
economic viability.
Qualified Persons
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
W:www.doubleview.ca
The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of
Disclosure for Mineral Projects. The scientific and technical information contained in this news
release has been reviewed and approved by the following Qualified Persons, each responsible for
their respective areas of the Technical Report:
• Tomasz Wawruch - Geology and Mineral Resource Estimate
• Shervin Teymouri - Mining engineering, capital and operating cost estimates, financial analysis
• Andrew Carter - Metallurgical testwork, recovery assumptions, and process metallurgy
• Andre de Ruijter - Process design, plant engineering, and process capital and operating costs
• Franky Li - Tailings management and tailings storage facility design
• Jayesh Rami - Site infrastructure, civil works, access roads, and supporting facilities
Doubleview acknowledges that the Project is located on the traditional territories of the Tahltan
Nation and the Taku River Tlingit First Nation, and recognizes their enduring relationship to and
stewardship of the land and waters. Doubleview is committed to respectful, transparent, and
ongoing engagement with First Nations and local communities whose territories overlap the Project
area and access routes, with a focus on protecting water and the environment and advancing
responsible development.
Readers are encouraged to review the full Technical Report on the Company’s website at
www.doubleview.ca and on SEDAR+ at www.sedarplus.ca for complete details, assumptions, risks,
sensitivities, and qualifications.
About Doubleview Gold Corp.
Doubleview Gold Corp., a mineral resource exploration and development company based in
Vancouver, British Columbia, Canada, is publicly traded on the TSX Venture Exchange (TSXV: DBG),
the OTCQB (DBLVF), the Berlin Stock Exchange (GER: A1W038), and the Fran kfurt Stock Exchange
(1D4). Doubleview identifies, acquires, and finances precious and base metal exploration projects in
North America, particularly in British Columbia. The Company increases shareholder value through
the acquisition and exploration of qu ality gold, copper, cobalt, scandium, and silver properties -
collectively critical minerals-and through 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 & CEO
On behalf of the Board of Directors,
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
W:www.doubleview.ca
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp
Vancouver , BC Farshad Shirvani
President & CEO
Institutional Line: (604) 607-5470
T: (604) 678-9587
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.
Certain of the statements made and information contained herein may constitute
“forward-looking information. ” In particular references to the Mineral Resource Estimate
and future work programs or expectations on the quality or results of such work programs
are subject to risks associated with operations on the property, exploration activity
generally, equipment limitations and availability, as well as other risks that we may not be
currently aware of. Accordingly, readers are advised not to place undue reli ance on
forward-looking information. Except as required under applicable securities legislation,
the Company undertakes no obligation to publicly update or revise forward -looking
information, whether as a result of new information, future events or otherwise.
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
W:www.doubleview.ca