Doubleview Confirms Metal Recoveries for Upcoming Mineral Resource Estimate and Preliminary Economic Assessment

The news release on January 14, 2026, confirms the finalization of metallurgical recovery data for the Hat Polymetallic Deposit in British Columbia. The company reported robust recovery rates: Copper (85%), Gold (89%), Silver (68%), Cobalt (78%), and Scandium (75%). These results are intended to form the technical foundation for an upcoming updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA). Additionally, the company confirmed the completion of 13,000 meters of drilling from the 2025 season and stated that following its December 2025 financing, it is currently fully funded and not seeking further capital.

This news is a significant de-risking milestone. Metallurgical uncertainty is often a primary point of failure for large-tonnage porphyry deposits, particularly those containing "exotic" or critical metals like Scandium and Cobalt. - Scandium Validation: A 75% recovery for Scandium is a critical technical win. Previously, Scandium was categorized only as an "exploration target" of 300-500 million tonnes. High recovery rates suggest this volume can be converted into an economic resource in the upcoming PEA. - Project Synergy: Management noted that Scandium extraction will utilize acid produced from internally generated pyrite, potentially reducing operating costs and addressing environmental tailings management simultaneously. - PEA Readiness: By finalizing these numbers, Doubleview has cleared the final technical hurdle required to publish the PEA, which will provide the first look at the project's Net Present Value (NPV). - Financial Stability: The assertion that the company is no longer seeking funds suggests that the dilutive pressure of the recent $1.30 flow-through financings is over for the current phase of development.

Doubleview Gold Corp. is focused on the Hat Polymetallic Project in the Sheslay District of northwestern British Columbia. The project is a gold-rich copper-scandium-cobalt porphyry. - Flagship Project: The Hat Project. - Maiden Resource (July 2024): Indicated 150 Mt at 0.408% CuEq and Inferred 477 Mt at 0.344% CuEq (at 0.2% CuEq cut-off). - Key Asset: The Lisle Zone, which has been expanded significantly through 2025 drilling.