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Hi-View Acquires Two New Toodoggone Projects
Thenewswire·2025-08-13 07:01

Core Viewpoint - Hi-View Resources Inc. has entered into a property sale agreement to acquire a 100% interest in the Saunders and Nub projects from Eagle Plains Resources Ltd. for a total consideration of CAN$70,000 cash, 350,000 shares, and a 3% Net Smelter Royalty [1] Group 1: Acquisition Details - The total purchase price for the Saunders and Nub projects includes CAN$70,000 in cash, 350,000 shares of Hi-View, and a 3% Net Smelter Royalty in favor of Eagle Plains [1] - Hi-View has the option to acquire an additional 2% of the Net Smelter Royalty for CAN$2,500,000 in cash payments [1] Group 2: Project Locations and Geological Context - The Saunders and Nub projects are located approximately 300 km northeast of Smithers, BC, and 30 km north of the Kemess Cu-Au mine, which is operated by Centerra Gold [4] - The Saunders property is strategically situated along a geological corridor known for high-grade gold-copper deposits, including past-producing mines and advanced-stage exploration projects [4] - The Nub project is surrounded by the JOY project operated by Amarc Resources, which is interpreted as the northern extension of the Kemess porphyry Cu-Au district [6] Group 3: Geological Potential - The Saunders property covers 209.6 hectares and is associated with quartz veins and stringers, with historical samples reporting up to 1.42 g/t Au and 11.7 g/t Ag [5] - The Nub project spans 873.9 hectares and features a high-priority exploration target identified by a magnetic anomaly, coinciding with anomalous copper in soil geochemistry [6] Group 4: Company Overview - Hi-View Resources Inc. is focused on mineral exploration targeting gold, silver, and copper in the Toodoggone region of northern British Columbia, with properties covering 9,749 hectares [8] - The company’s Golden Stranger project is fully permitted with 45 drill-ready sites, and historical drilling highlights include 10 meters at 11.55 g/t gold [8]