Doubleview extends Hat deposit 320 m eastward

Mr. Farshad Shirvani reports DOUBLEVIEW GOLD CORP ANNOUNCES 320-METER EASTWARD EXTENSION AT THE HAT POLYMETALLIC DEPOSIT, EXPANDING MINERALIZED VOLUME AND REMAINING OPEN Continuing drilling at Doubleview Gold Corp.'s 100-per-cent-owned Hat polymetallic deposit in northwestern British Columbia has extended the mineralized system approximately 320 metres eastward, further confirming that the deposit remains open in multiple directions. The 2025 exploration program continues to expand the mineralized envelope, with results expected to contribute significantly to the upcoming mineral resource estimate (MRE). 2025 exploration program highlights To date in 2025 drill program, the company has completed more than 10,200 metres of drilling in 14 holes. The focus has been to step out from the known resource limits to prove continuity and scale. Key results from this phase of the program include: Significant extension: Drill holes H100 through H102 have successfully extended the deposit's footprint more than 320 metres eastward, confirming that the high-volume porphyry-style mineralization remains open and undefined in this direction. Consistent mineralization: Mineralization has been intersected in every hole completed in the 2025 program, validating the geological model and suggesting strong continuity of the mineralizing system. Resource inclusion: The entire drill database to hole H101 will be included in the revised MRE, anticipated for release in 2025. The expanded footprint with stronger assay data and strong visuals as illustrated in the accompanying core photo gallery, is expected to allow a meaningfully increased resource estimate. The 2025 drilling program comprises more than 10,200 meteres in 14 holes and the observed mineralization has been extended more than 320 metres to the east. The interpreted mineralization and the apparent growth in volume provide strong support for the forthcoming MRE that is scheduled for completion within the next 60 days. Fresh assays are being received almost daily from the laboratory and will be released when processed by the company's technical team. "These new drill results represent a major step forward in understanding the true scale of the Hat deposit," said Farshad Shirvani, president and chief executive officer of Doubleview Gold. "The 320-metre eastward extension, combined with probable continued mineralization beyond the current limits of drilling, highlights the significant expansion potential of the system and positions Doubleview for a meaningful resource upgrade. "The Hat deposit, characterized by its copper-gold-cobalt-scandium association, continues to demonstrate robust continuity of mineralization and growing tonnage potential. Drilling to date indicates a broad, strongly mineralized system with elevated scandium and copper values that support the company's strategy to define one of North America's largest critical-metal-bearing polymetallic deposits. Important amounts of gold, cobalt and silver are present. "A detailed drill section and plan map illustrating the newly expanded mineralized area are provided below. In addition, a gallery of approximately 60 core photographs from recently completed, non-reported holes accompanies this release. The company anticipates announcing assay results from these holes as soon as analytical data are received, validated and interpreted." About Doubleview Gold Corp. Doubleview Gold is a Canadian resource company advancing the 100-per-cent-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 continuing 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. Qualified person Erik Ostensoe, PGeo, a consulting geologist, and Doubleview's qualified person with respect to the Hat project as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company. 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-per-cent CuEq (copper equivalent) cut-off resource estimate, as of the recently completed mineral resource estimate and the company's July 25, 2024, news release, is summarized in the attached table. Scandium potential for the Hat deposit is estimated to be 300 million to 500 million tonnes at an average grade of 40 parts per million (0.004 per cent) Sc2O3. We seek Safe Harbor.