Doubleview Reports First 2026 Drill Assays from Hat Project; H109 Returns 541.2 Metres of 0.27% CuEq and H113-H114 Add South-West Extension Data

Doubleview reports strong copper-equivalent intercepts from new Hat Project drill holes.

What the company is saying

Doubleview Gold Corp. is announcing the first assay results from its 2026 drilling campaign at the 100%-owned Hat Polymetallic Deposit in northwestern British Columbia, Canada. The company highlights four new drill holes—H109, H110, H113, and H114—targeting both the Hat East and South-West Extension areas, with detailed intercepts and grades provided for each. Management, led by President and CEO Farshad Shirvani, frames these results as important for filling data gaps and increasing drill density to support future resource modelling, but explicitly states that no resource or economic update is implied until further work is completed. The release emphasizes technical rigor, including the use of specific metal prices (US$2,365.09/oz gold, US$27.43/oz silver, US$4.17/lb copper, US$14.76/lb cobalt) and recovery rates (gold 89.0%, silver 68.0%, copper 84.0%, cobalt 78.0%) in the copper-equivalent calculations. The company is transparent about the fact that these holes are not yet included in the current mineral resource estimate or preliminary economic assessment. The tone is factual and measured, with no claims of immediate economic impact.

What the data suggests

The company has completed approximately 7,400 metres of drilling at the Hat Project in 2026, with drilling ongoing. H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 128.0 metres at 0.48% CuEq, 19.0 metres at 1.36% CuEq, and 13.0 metres at 1.80% CuEq. H110 intersected 408.4 metres at 0.20% CuEq from 38.7 metres, with higher-grade subintervals such as 6.0 metres at 1.89% CuEq. H113 and H114, drilled in the South-West Extension, returned 417.6 metres at 0.23% CuEq and 567.7 metres at 0.16% CuEq, respectively, with notable higher-grade sections. All intervals are reported as core lengths, not true widths. Copper-equivalent grades were calculated using disclosed commodity prices and recovery rates, with scandium oxide excluded from the CuEq calculation. These results are not yet incorporated into the current mineral resource estimate (effective February 4, 2026) or the March 2026 preliminary economic assessment. The technical disclosure is detailed and transparent, but no updated resource or economic analysis is presented at this stage.

Analysis

The announcement provides detailed and specific assay results from the 2026 drilling campaign at the Hat Polymetallic Deposit, including grades, intervals, and technical parameters for four drill holes. The language is factual and technical, with no exaggerated claims about economic impact or imminent resource upgrades. The company clearly states that these results are not yet incorporated into the current mineral resource estimate or economic studies, and that further work is required before any change in project economics or classification. About half of the key statements are forward-looking, but these are appropriately cautious and relate to standard next steps (future modelling, pending assays). There is no evidence of narrative inflation or overstatement; the tone is proportionate to the results. No large capital outlay or immediate financial impact is disclosed, and the technical data are robust and transparent.

Risk flags

• ●Resource conversion and economic impact risk: The new drill results, while positive, are not yet included in the mineral resource estimate or economic studies, so their effect on project scale, classification, or viability remains unquantified.
• ●Assay and modelling risk: Additional assay results are still pending, and geological interpretations may change as more data is integrated, introducing uncertainty about continuity and grade distribution.
• ●Technical and operational risk: All reported intervals are drill core lengths, not true widths, which may overstate the apparent thickness of mineralization until further modelling clarifies geometry.
• ●Disclosure and expectation risk: The company is clear that these results do not change the current resource or economics, but investors may overinterpret headline grades without waiting for full integration into resource models.

Bottom line

Doubleview Gold Corp. has delivered detailed and robust assay results from four new drill holes at its Hat Polymetallic Deposit in British Columbia, with several long intervals of copper-equivalent mineralization and notable high-grade sections. These results provide important new data for the Hat East and South-West Extension areas, but are not yet reflected in the project's mineral resource estimate or economic assessment. The technical disclosure is comprehensive, with clear parameters for grade calculations and transparent caveats about the current status of resource modelling. Investors should treat these results as incremental progress rather than a catalyst for immediate revaluation, as further assays and a formal resource update are required before the economic significance can be assessed. The most important takeaway is that Doubleview is systematically building the technical foundation for future project de-risking, but the timeline to value realization remains several steps away.

Announcement summary

(TSXV:DBG) (OTCQX:DBLVF) (FSE:1D4) Doubleview Gold Corp. has announced assay results for drill holes H109, H110, H113, and H114, the first reported assays from its 2026 drilling campaign at the 100%-owned Hat Polymetallic Deposit in northwestern British Columbia. The company has completed approximately 7,400 metres of drilling at the Hat Project during 2026 to date, with drilling ongoing. H109 and H110 were drilled from the Hat East area, while H113 and H114 were drilled from the South-West Extension area. H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq, and 13.0 metres grading 1.80% CuEq. H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq, and 6.0 metres grading 1.89% CuEq. H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq, and 7.4 metres grading 1.37% CuEq. H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq. All reported intervals are drill core lengths; true widths have not been determined. These holes were designed to fill data gaps and provide additional drill density for future modelling. The reported holes were not included in the Mineral Resource Estimate effective February 4, 2026, or in the Preliminary Economic Assessment disclosed in March 2026. Copper equivalent values exclude scandium oxide (Sc2O3), which is reported separately. Parameters used to calculate CuEq are: gold price US$2,365.09/oz, silver price US$27.43/oz, copper price US$4.17/lb, and cobalt price US$14.76/lb. Recoveries used are: gold 89.0%, silver 68.0%, copper 84.0%, and cobalt 78.0%. Drill hole locations and orientations are provided, with H109 and H110 drilled from UTM-East 348418, UTM-North 6453987, elevation 982 m, and H113 and H114 from UTM-East 347337, UTM-North 6453725, elevation 950 m and 650 m respectively. All core samples were prepared and analyzed at AGAT Laboratories in Calgary, an independent ISO 17025 and ISO 9001 certified facility. Quality assurance protocols included insertion of blanks, duplicates, and certified reference materials. Erik Ostensoe, P.Geo., a consulting geologist and Doubleview's Qualified Person, has reviewed and approved the technical contents of this news release. The results reported are expected to be incorporated into future geological modelling after completion of standard QA/QC review and Qualified Person verification. No updated mineral resource estimate, pit design, economic analysis, or resource classification change has been completed using the results reported in this news release.

Disagree with this article?