HI-VIEW ACQUIRES THE JIM PROPERTY FEATURING GOSSANOUS ZONE IN THE TOODOGGONE REGION
Hi-View expands its Toodoggone footprint by acquiring the Jim Property on share, cash and royalty terms, adding a new epithermal target.
Rhea-AI Summary
Hi-View Resources (GXLDF) has acquired a 100% interest in the Jim Property in the Toodoggone Gold & Copper District of northern British Columbia by issuing shares, paying cash, and granting a royalty.
The Jim Property is contiguous to Thesis Gold & Silver's northern land package and near Evergold's Golden Lion project, and features a visible gossanous zone at surface. Historic work identified the ‘JM’ showing (first documented in 1988) with malachite staining and chalcopyrite associated with quartz and calcite stringers in narrow shears. The company views the combination of copper sulphides and oxides with gold and silver values in fractures and veining as indicative of an epithermal hydrothermal system with potential concealed mineralization.
Hi-View acquired the property from an arm's length vendor by issuing 100,000 common shares, making a $5,000 cash payment, and granting a 2% NSR royalty, with the right to buy back 1% for $1,000,000.
Positive
- Acquired 100% interest in Jim Property for 100,000 shares plus $5,000 cash
- Royalty buyback right allows repurchase of 1% NSR for $1,000,000
- Property lies in established Toodoggone district near multiple known deposits and projects
Negative
- Granted vendor a continuing 2% NSR royalty on future production from the property
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BRITISH COLUMBIA, Sept. 16, 2026 (GLOBE NEWSWIRE) -- HI-VIEW RESOURCES INC. (“Hi-View” or the “Company”) (CSE: GXLD; OTCQB: GXLDF; FSE: B630) announces that it has acquired the Jim Property in the Toodoggone Gold & Copper District of northern British Columbia. The Property is contiguous to Thesis Gold & Silver's land package and lies near Evergold Corp.'s Golden Lion project.
R Nick Horsley, Chief Executive Officer of Hi-View, commented: “The Jim Property acquisition further adds to our existing land position in the Toodoggone district. The property is surrounded by Thesis Gold & Silver's northern land package. With a gossanous zone visible at surface, we believe this could indicate hidden sulphide mineralization at depth, possibly associated with a copper porphyry system. We see this as a target worth following up on.”
Figure 1. Jim Property with gossanous zone highlighted.
Click here to view image
The Property hosts the historic ‘JM’ showing, first documented in 1988 and sits adjacent to Thesis Gold & Silver's land package and near Evergold's Golden Lion project.
Malachite staining with associated chalcopyrite, was noted throughout the area, lining fracture planes and associated with quartz and calcite stringers within narrow shears. The combination of copper sulphides and oxides with gold and silver values, localized in fractures, shears, and quartz-calcite veining, suggests an epithermal hydrothermal system with stronger mineralization potentially concealed beneath the gossanous zone. Historically, the area has only been prospected so further mapping and analyses are warranted to follow up on. We see this as an opportunity to advance an epithermal target in a district that already hosts the Kemess, Aurora, Lawyers, and Baker deposits.
Terms of the Agreement
The Company has acquired
Qualified Person’s Statement
The technical content of this news release has been reviewed and approved by Nader Mostaghimi, P.Geo., The technical content of this news release has been reviewed and approved by Nader Mostaghimi, M.Sc., P.Geo. (EGBC #53441), Vice President of Exploration for the Company and a Qualified Person as defined by National Instrument 43-101.
About Hi-View Resources Inc.
Hi-View Resources Inc., a publicly listed mineral exploration company on the Canadian Securities Exchange, is advancing a portfolio of gold, silver, and copper assets in the Toodoggone region of northern British Columbia. The Company’s
On Behalf of the Board of Directors,
“R. Nick Horsley”
R. Nick Horsley, CEO
For further information, please contact:
Hi-View Resources Inc.
R. Nick Horsley - CEO
Email: info@hiviewresources.com
Telephone: (604) 343-4337
Website: www.hiviewgold.com
FORWARD LOOKING STATEMENTS:
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release includes statements related to the Incentive Program and the anticipated use of proceed therefrom. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the detailed terms of Hi-View's acquisition of the Jim Property?
Hi-View acquired a 100% interest in the Jim Property from an arm's length vendor by issuing 100,000 common shares, making a $5,000 cash payment, and granting the vendor a 2% net smelter returns royalty on the property. Hi-View retains the right to buy back 1% of this royalty for $1,000,000.
What geological features make the Jim Property noteworthy?
The property hosts the historic ‘JM’ showing, first documented in 1988, and features a gossanous zone visible at surface. Malachite staining with associated chalcopyrite lines fracture planes and is associated with quartz and calcite stringers in narrow shears. The mix of copper sulphides and oxides with gold and silver values in fractures, shears, and quartz-calcite veining suggests an epithermal hydrothermal system with potentially stronger mineralization beneath the gossanous zone.
How does the Jim Property fit within Hi-View's broader Toodoggone portfolio?
The Jim Property is in the Toodoggone Gold & Copper District and is contiguous to Thesis Gold & Silver's land package and near Evergold's Golden Lion project. Hi-View is advancing a portfolio of gold, silver, and copper assets in the region, with 100% owned and optioned projects covering more than 27,910 hectares, including the Golden Stranger Project, the Lawyers claims, and the Borealis Project, plus additional optioned properties and 1,300 hectares under mineral claim application.
Who is the qualified person responsible for the technical information?
The technical content was reviewed and approved by Nader Mostaghimi, M.Sc., P.Geo. (EGBC #53441), Vice President of Exploration for Hi-View and a Qualified Person as defined by National Instrument 43-101.