Hi-View discovers new copper zone at Golden Stranger

Executive Summary

• Hi-View Resources Inc. reports a significant new copper zone discovery at its 100%-owned Golden Stranger Project in the Toodoggone District, British Columbia.
• Ground geophysics (magnetics and VLF) identified a 2 km northwest-trending structural corridor linking the historic Golden Stranger zone with the newly named "2024 Golden Acquaintance" zone.
• The company is now permitted to conduct a comprehensive multiphase drill program of up to 45 sites to follow up on surface data and historical drilling results.

Key Details

• New Copper Zone Discovery: Prospecting revealed a new copper zone containing up to 1% malachite, plus/minus chalcocite and chalcopyrite, within porphyritic andesite across an area of approximately 250 m by 100 m. This zone has not been previously sampled.
• Structural Corridor: A northwest-trending magnetic low, interpreted as a structural trend extending over two kilometres, connects the historically drilled Golden Stranger zone with the newly named 2024 Golden Acquaintance zone.
• Golden Acquaintance Zone Assays: The newly named zone returned assays of 2.68 g/t Au and 13.2 g/t Ag.
• Historic High-Grade Sampling: The 2024 sampling program yielded up to 111.5 g/t gold and 2,740 g/t silver.
• Historic Drilling Data: Historical drilling yielded up to 10 metres of 11.55 g/t gold. A pre-NI 43-101 estimate indicated 498,905 tonnes at 2.74 g/t gold.
• Main Block Work:
  • Completed magnetic-VLF survey covering 45.6 line kilometres at 100 m line spacing.
  • Collected 67 soil samples to infill the 2023 soil grid.
  • Collected 63 rock samples from zones of interest.
  • Identified a 20 m wide mineralized rhyolite dike at the main Golden Stranger zone striking 350 degrees.
  • Gravel samples from a creek 1.5 km south of the Golden Stranger zone contain altered and silicified rhyolite rock fragments with trace quartz stringers and sulphides over an area of ~250 m by 100 m.
• Eastern Block Work:
  • Located ~4 km from Amarc Resource's Aurora discovery.
  • Collected 164 soil and 15 rock samples to test regional northwest structures evident in 2021 airborne magnetics surveys.
• Future Plans:
  • Permitted for a comprehensive multiphase drill program of up to 45 sites.
  • Structural mapping of the main target and northwest corridor is in progress.
  • Relogging program of historical 1980s core is underway to facilitate drill planning.
  • Awaiting multielement assay results for soils and rocks.

Notable Quotes

• "We are excited to provide this exploration update as a follow-up to our 2024 sampling program which yielded up to 111.5 g/t gold and 2,740 g/t silver. The discovery of a new copper zone at our Golden Stranger project represents a significant milestone for Hi-View, our exploration efforts on the Main block have delineated a 2 km northwest-trending structural corridor connecting the Golden Stranger and newly named Golden Acquaintance zone." — R. Nick Horsley, CEO and Director