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Doubleview Gold advances BC Hat Project amid US$400M US scandium funding, boosting North American critical minerals race.

Market News
12 Aug 2026
Newsfile Corp
View Source
Bullish
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Doubleview Gold Corp. has initiated strategic talks with Canadian federal and provincial leaders to fast-track its Hat Project in British Columbia, following a US$400 million conditional loan commitment by the U.S. Department of War to develop scandium infrastructure. The Hat Project hosts significant scandium and cobalt resources, with a Preliminary Economic Assessment showing a potential after-tax NPV of C$6.73-7.27 billion and IRR of 19-23%. Positioned in BC's Golden Triangle, the project aims to strengthen North American supply chains for critical defense minerals. Doubleview plans further studies and intergovernmental coordination to advance the project amid growing Western G7 interest in critical minerals for aerospace and defense applications.

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