Hi-View Provides Corporate Update on Its BC Gold Properties
May 06 2024 - 3:01AM
Hi-View Resources Inc. (‘Hi-View' or the ‘Company’)
(CSE:
HVW; OTCQB: HVWRF; FSE: B63) is pleased to announce an
update for 2024 exploration on the Golden Stranger and Lawyers
South, East and West claim blocks (the “Properties”) located in
BC’s prolific “Golden Horseshoe” region. The Properties are
contiguous to Thesis Gold Inc. Lawyers-Ranch Project that has
reported significant drilling intercepts and extensive ongoing
drilling campaigns.
Hi-View intends on utilizing a compilation of
historic work and airborne survey data, to plan a 2024 exploration
program to complement recent successful sampling and historic work
as well as recent gold discoveries in the area. Hi-View conducted a
2023 sampling program focused on the Golden Stranger and identified
new points of interest that included new high priority outcrops for
additional sampling. A total of 399 soil samples and 11 rock
samples were collected and have been submitted for assay to ALS
Geochemistry lab for gold and multi-elemental analysis. Assay
results are pending.
In the 2023 exploration program, physical work
was completed on 389 sites of interest within the Golden Stranger
claims, a helicopter landing pad was constructed to facilitate
further exploration and a Wildlife Management Plan was completed.
The Golden Stranger claims have historic drilling of 29 diamond
drill holes during 1987 and 1988, which showed mineralization in
core and on surface consistent with other regional mineralized
trends. The Lawyers group of claims has had an airborne magnetics
survey flown at 100 meter spacing, which produced strong magnetic
anomalies consistent with other regional mineralized trends.
The Claims Location Map below shows Hi-View’s
Golden Stranger and Lawyers group Properties, consisting of 9,139
hectares, contiguous to Thesis Gold’s Lawyers-Ranch Project, being
a 495 square kilometre land package, and other nearby mining
projects. Thesis’ Lawyers-Ranch Project is quickly developing into
one of Canada’s largest gold and silver projects.
About Hi-View
Hi-View is a mineral exploration company focused
on the acquisition, exploration and development of mineral
properties in Canada and the USA. The Company, through its
subsidiary, holds options to acquire the Golden Stranger Property
and the Lawyers West, East, South projects, together with claims
acquired directly through staking, all located in the Toodoggone
region of northern BC, prospective for gold, silver, and copper.
The collective holdings cover 9,139 hectares.
Contact:Hi-View Resources
Inc.Howard Milne, CEOEmail: hdmcap@shaw.ca Telephone: (604)
377-8994Website: www.hiviewresources.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 proposed
Transaction and related matters. 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.
Neither the Canadian Securities Exchange nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/37d37eea-26a0-4c3f-aedf-0129b868dbce