Core Viewpoint - Hi-View Resources Inc. has successfully completed the acquisition of the Borealis Project, significantly expanding its land portfolio in British Columbia [1][3]. Acquisition Details - The Borealis Project was acquired from Coast Copper Corp. under an asset purchase agreement dated August 27, 2025, for a total consideration of $500,000 in cash, 3,500,000 common shares, and a 3% NSR royalty, with options to repurchase portions of the royalty [1][11]. - The acquisition increases the company's land package by 9,106 hectares, nearly doubling its fully owned portfolio without any work commitments [3]. Geological Insights - The Borealis Project includes several areas of interest, such as Cas, Bren, and Firesteel, each showing promising mineralization potential. - In the Cas area, historical surveys indicated strong IP chargeability highs and sporadic copper and gold anomalies, with soil samples showing up to 138 ppm Cu and 970 ppb Au [3]. - The Bren area hosts Ag-rich polymetallic veins, with drilling results reporting up to 349.7 g/t Ag and 0.68 g/t Au over 0.09 m [4]. - The Firesteel area features mineralization in a replacement/skarn setting, with reported chip intervals of 11.5% Zn and 54.0 g/t Ag over 4.8 m [6]. Future Plans - The company has initiated an airborne survey across the new holdings and plans to apply for permits for an IP survey, aiming to advance to a drill program to test identified targets [3]. 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 a total land area of over 18,855 hectares [10]. - The company also has additional properties under option, indicating a robust exploration strategy [10].
Hi-View Completes Borealis Property Acquisition