Hi-View options Toodoggone projects from vendors

Executive Summary

• Hi-View Resources Inc. has signed an option agreement to acquire multiple new exploration projects in the Toodoggone District of British Columbia, adding 1,912.46 hectares to its portfolio.
• The acquired land package includes the Black Pearl, Oxide Summit, Garnet, and Ursus projects, which host historic occurrences of porphyry copper-gold, carbonate-hosted skarn, and epithermal gold-silver mineralization.
• The transaction involves cash payments and the issuance of common shares, with a 2.5% Net Smelter Return (NSR) royalty granted to the vendors, including an option to repurchase 1% of the NSR for $1.5 million.

Key Details

• Acquisition Scope: Acquisition of multiple projects totaling 1,912.46 hectares in the Toodoggone District, BC.
• Project Components:
  • Black Pearl: Includes Moose/Harmon area with historic grab/float samples up to 100 g/t Au and 68.4 g/t Ag. Nearby carbonate-hosted systems (Nuskarn, McClair, BR 794) reported up to 12.8% Cu, 4.25% Zn, and 90.5 g/t Ag. Epithermal veins at BR showings returned up to 12.2 g/t Au and 201 g/t Ag.
  • Oxide Summit: Epithermal vein systems along the Joanna-Gordonia-Falcon trend. Joanna East chip sampling returned 13.0 g/t Au, 13.6 g/t Ag, and 0.129% Cu over 0.9 m. Gulch West yielded a quartz vein sample of 14.91 g/t Au, 164.9 g/t Ag, and 1.0% Cu. Oxide Peak breccias returned grabs up to 6.85 g/t Au and 282 g/t Ag.
  • Garnet: Porphyry occurrence with historic grab assaying 0.42% Cu and 9.93 g/t Ag; float material reported up to 11.6 g/t Au.
  • Ursus: Hosts Ursus 4 occurrence with historic grab samples yielding 2.12% Cu and 106 g/t Ag.
• Financial Terms:
  • Consideration: Cash payments and issuance of common shares in installments.
  • Share Pricing: Deemed price equal to the greater of (i) $0.15 per share, or (ii) the 15-day volume-weighted average closing price on the Canadian Securities Exchange (CSE) prior to issuance.
  • Royalty: 2.5% Net Smelter Return (NSR) granted to vendors.
  • NSR Repurchase Option: Optionee may repurchase 1% of the 2.5% NSR at any time for $1.5 million.
• Strategic Context: The new claims are complementary to Hi-View’s flagship Golden Stranger project (epithermal Au-Ag), creating a consolidated land package covering porphyry, skarn, and epithermal styles within the same early Jurassic magmatic framework.
• Technical Disclaimer: All referenced assay results are historic, unverified, and sourced from public databases. Confirmation requires future fieldwork and QA/QC procedures.

Notable Quotes

• "We're excited to expand our presence in the Toodoggone district with this strategic acquisition, adding 1,912.46 hectares of promising exploration sites to our portfolio... positioning Hi-View to play a pivotal role in the potential consolidation of this prolific mineral belt." — R. Nick Horsley, CEO and Director