Doubleview Gold Corp. Highlights Scandium Potential at Hat Project, a Key Enabler for the Electrification Economy

The November 20, 2025 news release highlights the scandium potential at Doubleview's flagship Hat Project in British Columbia. The company positions this potential as a key element for the electrification economy. The release reiterates a previously disclosed tonnage and grade estimate of 300 to 500 million tonnes at a grade of 40 ppm Sc2O3. It states that metallurgical analysis results for scandium are expected "soon," and that an updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) are expected to be completed before the end of 2025.

The most recent news is primarily promotional and reiterates information that has been in the public domain since at least October 2025. The estimated tonnage and grade for scandium are not new. Therefore, the news itself has a low material impact.

However, its significance lies in confirming the timeline for key upcoming catalysts. By stating that metallurgical results, an updated MRE, and the inaugural PEA are expected by year-end 2025, the company is setting near-term expectations for the market. Meeting these timelines will be critical for maintaining market confidence.

Reviewing the historical news flow reveals a company that is methodically advancing its project and communicating its progress: - Exploration Progress: The company has consistently reported drilling results throughout 2025 (e.g., Feb 5, Feb 25, Sep 11, Oct 1, Oct 23), successfully extending the mineralized footprint of the Hat deposit. This systematic exploration underpins the upcoming MRE update. - Financing: The most impactful recent event was the closing of a non-brokered private placement in November 2025, raising gross proceeds of approximately $7.18 million. The financing was done at $0.70 per unit, which included a full warrant at a $1.00 exercise price. This successfully removes any near-term financing risk and provides the capital required to complete the MRE, PEA, and further exploration. - Projections vs. Reality: The company has been consistent in its messaging. It completed its planned 2024/2025 drill programs and is now progressing toward the PEA as outlined earlier in the year.

The stock price has appreciated significantly from lows of around $0.30 to the current $0.75 level, suggesting the market has already priced in positive expectations for the drill results and the upcoming economic studies. The scandium potential remains a significant, but speculative, part of the story. Its ultimate contribution to the project's value is entirely dependent on the upcoming metallurgical results demonstrating economically viable recovery.

In conclusion, while this specific news release is routine, it reinforces the investment thesis and points to major catalysts in the immediate future. The successful financing is the more substantial recent development, de-risking the company's ability to deliver on these catalysts.

Doubleview Gold Corp. is a Canadian mineral exploration company focused on its 100%-owned Hat Polymetallic Project, located in the Golden Triangle of northwestern British Columbia. The Hat Project is a large-scale porphyry deposit containing significant copper, gold, and cobalt mineralization, with a notable potential for scandium as a critical mineral by-product. The project has an existing NI 43-101 Mineral Resource Estimate (July 2024) of 150 Mt Indicated and 477 Mt Inferred. The company is currently advancing the project towards its first Preliminary Economic Assessment (PEA). The Hat Property is subject to a 2% Net Smelter Royalty (NSR).