Doubleview gets statement of interest from Qmission CEO

Mar 5, 2025

2025-03-05 10:42 ET – News Release

Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP ANNOUNCES COLLABORATION WITH HER EXCELLENCY SHEIKHA SARA NASSER AL-THANI CEO OF QMISSION W.L.L. QATAR

Doubleview Gold Corp. has received a statement of interest from Sheikha Sara Nasser Al-Thani, chief executive officer of Qmission WLL, for the company’s polymetallic Hat porphyry deposit, located in northwestern British Columbia, Canada. Ms. Al-Thani and Doubleview have entered into an emissary agreement to build and foster a potential collaboration with the State of Qatar by way of the Qatar Investment Authority (QIA) as well as other Arab countries that are seeking to expand business relations, particularly investments in unique and critical mineral deposits that can deliver the resources needed for a sustainable future. Ms. Al-Thani is personally involved in seeking business opportunities and building strategic collaborations between different business sectors through her company, Qmission, that will benefit all parties involved.

The Middle Eastern country of Qatar is known for its wealth of natural resources, mainly natural gas (liquefied natural gas) and oil. In 2005, the QIA was established. It is the nation’s sovereign wealth fund, renowned for its focus on exceptional, one-of-a-kind investments spanning all major global markets, asset classes, sectors and geographies. Ms. Al-Thani noted: “This opportunity extends beyond the oil and gas sector and holds significant potential benefits for Qatar. Qmission’s focus is to explore diverse sectors, continuously seeking avenues for growth and innovation. Inspired by the words from the Emir of Qatar, His Royal Highness Sheikh Tamim bin Hamad Al-Thani, ‘Qatar deserves the best from its citizens,’ we remain committed to identifying groundbreaking prospects. Doubleview Gold and its Hat deposit, with its abundance of copper, gold, cobalt and scandium, represents a golden opportunity in the mining industry.”

Farshad Shirvani, president and chief executive officer, stated: “QIA’s vision corresponds perfectly with the Hat project’s potential significance on the global stage, due to the deposit’s unique variety of critical minerals — copper, cobalt and scandium, in addition to gold and silver — and its size, which sets it apart. This presents a unique investment opportunity. I am honoured to have Her Excellency Sheikha Sara Nasser Al-Thani as an ally in our mission to develop this deposit and to share my vision with her.”

The Hat project features a significant and unique combination of critical metals, including scandium, copper and gold, among other valuable resources. The Hat deposit’s 2024 maiden resource estimate (Hat MRE 1.0) reported the following commodities in both indicated and inferred categories, at a cut-off grade of 0.2 per cent copper equivalent:

Gold — 929,000 ounces (indicated) and 2,328,000 ounces (inferred);
Copper — 733 million pounds (indicated) and 1,945,000 pounds (inferred);
Silver — 2,045,000 ounces (indicated) and 7,575,000 ounces (inferred);
Cobalt — 28 million pounds (indicated) and 91 million pounds (inferred);
Scandium — the 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 (scandium oxide).

Note: For further details, please refer to the company’s July 25, 2024, news release.

An update to the company’s maiden resource estimate (Hat MRE 2.0) is expected to be published in Q2 2025. It will include more than 10,000 metres of additional drill hole information and will be used as part of the preliminary economic assessment (PEA) concurrently being completed. Updated scandium metallurgy studies are under way, which will be included in the Hat MRE 2.0 and Hat PEA once concluded.

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 Doubleview Gold Corp.

A mineral resource exploration and development company is headquartered in Vancouver, B.C., Canada. It is publicly traded on the TSX Venture Exchange under the symbol DBG, on the OTCQB exchange under the symbol DBLVF, on the WKN under the symbol LA1W038 and on the Frankfurt Stock Exchange under the symbol 1D4. Doubleview focuses on identifying, acquiring and financing precious metal and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium and silver projects — collectively critical minerals — utilizing cutting-edge exploration techniques.

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 mineral sector.

About the Hat polymetallic deposit

The Hat deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold and 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-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 below.

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.

For further details, please refer to the company’s July 25, 2024, news release.

We seek Safe Harbor.

https://www.doubleview.ca/