02:06 PM EST, 11/25/2025 (MT Newswires) -- Doubleview Gold ( DBLVF ) , trading at a 52-week high, on Tuesday said the first-phase pre-optimization results from its two-year metallurgical test program confirm the technical viability of recovering high-purity scandium oxide alongside copper, gold, cobalt, and other metals from its HAT polymetallic deposit in northern British Columbia.

Key results include primary scandium extraction (leach) of 82%, and overall scandium recovery to high-purity scandium oxide, or Sc2O3, of 88%, a statement noted.

The primary objective of this test program was to establish a viable proprietary flowsheet enabling scandium to be included in the upcoming, updated mineral resource estimate and preliminary economic assessment, the company said. Doubleview's 2024 maiden resource estimate highlighted a scandium potential of 300 to 500 million tonnes grading approximately 40 ppm Sc2O3.

"Our metallurgy program shows that at HAT, we can recover high-value scandium directly from the tailings of a standard copper flotation circuit, using acid produced from internally generated pyrite. If the HAT project advances to production, scandium could become a high-margin bonus on top of a potential world-class copper-gold-cobalt operation," said chief executive Farshad Shirvani.

Doubleview shares were last seen $0.05, to $1.12, on the TSX Venture Exchange. topping the prior 52-week high of $1.10.

Price: 1.12, Change: +0.05, Percent Change: +4.67