Hi-View Resources Inc. To Attend And Present "District Scale Exploration Of The Toodoggone Region" At Vancouver Resource Investment Conference (VRIC)

Core Viewpoint - Au Gold Corp has entered into an agreement to acquire a 100% interest in the Havelock Gold-Antimony Project, which is located in the Victorian gold fields of Australia, highlighting the potential for high-grade gold deposits in the region [1][2][5]. Acquisition Details - The company will pay C$75,000 and issue 5 million shares for the acquisition, along with future per-ounce payments for resource definition [4][18]. - The acquisition is subject to acceptance by the TSX Venture Exchange [4][21]. Project Highlights - The Havelock Project spans 11,663 hectares and is situated between Bendigo and Ballarat, with good access for year-round exploration [5][8]. - Historical mining in the area has shown high-grade gold-bearing quartz and significant antimony, indicating potential for modern exploration [2][3][6]. Historical Context - The first discovery in the Maryborough goldfield occurred in 1853, leading to small-scale mining, with historical workings showing gold grades between 1 to 10 ounces per ton [6][8]. - The Shaw-McFarlane Trend and Leviathan-Mariner's Trend are two significant structural trends within the project area, with minimal modern exploration conducted [6][12]. Exploration Potential - The project has undrilled epizonal and mesozonal gold targets, with historical production indicating the presence of high-grade deposits [8][13]. - Recent drilling by Leviathan in 2021 returned significant gold results, justifying further exploration [12]. Environmental and Regulatory Considerations - A Land Use Activity Agreement is in place with the Dja Dja Wurrung Aboriginal people, the traditional owners of the land [15]. - The company plans to replace an existing environmental bond as part of the acquisition [21].