Doubleview Gold Corp. Announces Positive Preliminary Economic Assessment for the Hat Project; Robust Base-Case Economics with Strategic Scandium Upside

The most recent news (March 2, 2026) announces the results of a Preliminary Economic Assessment (PEA) for the 100%-owned Hat Project. Key highlights include an After-Tax NPV(5%) of C$4.96 billion to C$6.94 billion and an IRR of 19-23% depending on the scenario. The project is envisioned as a 120,000 t/d open-pit operation with a 25-year mine life. Average annual production for the first 10 years is projected at 74 kt Copper, 254 koz Gold, 376 koz Silver, and 2.7 kt Cobalt. Crucially, the PEA includes a scenario (Scenario B) for Scandium recovery, positioning the project as a major North American source of this critical metal.

The impact is Material - Positive. This PEA is a transformational milestone that moves the company from "exploration potential" to "quantified economic value." - Scale: An NPV of nearly C$5 billion is massive relative to the company's current market capitalization, suggesting significant room for re-rating. - Critical Minerals: The inclusion of Scandium and Cobalt provides a strategic "green economy" narrative that attracts a different class of institutional and sovereign investors. - De-risking: The PEA follows a major Resource Estimate update (Feb 25, 2026) which showed 5.82 Billion lbs CuEq in Measured & Indicated categories, providing the geological confidence needed for these economics. - Validation: The 2025 drill season (13,290m) successfully expanded the footprint, which is now reflected in the robust 25-year mine life.

Doubleview Gold Corp. is focused on the Hat Project in the Sheslay District of northwestern British Columbia. It is a gold-rich copper-cobalt-scandium porphyry deposit. The project is unique due to its "polymetallic" nature, specifically the high concentrations of Scandium, which is typically not found in significant quantities in standard copper porphyries.