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Hi-View Completes Borealis Property Acquisition
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VANCOUVER, BRITISH COLUMBIA – TheNewswire - SEPTEMBER 24th, 2025 – HI-VIEW RESOURCES INC. (“HI-VIEW” OR THE “COMPANY”) (CSE: HVW; OTC: HVWRF; FSE: B63) announces that, further to it news release dated August 28, 2025, the Company has completed the acquisition of the Borealis Project in the Toodoggone District of north-central British Columbia (the “Acquisition”). The Company acquired the Borealis Project from Coast Copper Corp. (“Coast Copper”) pursuant to the terms and conditions of an asset purchase agreement dated August 27, 2025 (the “APA”) entered into between the Company and Coast Copper.
Figure 1. Hi-View Resources Overview Map
R. Nick Horsley, Chief Executive Officer of Hi-View, commented: “The acquisition of Borealis has expanded our land package by 9,106 hectares, nearly doubling our fully owned portfolio with no work commitments. When our team first identified the Placer Dome IP target, we were astonished that such a promising site had never been drilled. In 1992, low-grade bulk tonnage porphyry targets were overlooked, yet today, these deposits are highly valued for their consistent mining grades and predictable metallurgy. We have initiated an airborne survey across the entire new holdings and plan to apply for permits to conduct an IP survey, with the goal of advancing to a drill program to test the target.”
The Borealis Project:
Cas
At the Cas area, the 1992 Placer Dome program combined induced polarization (IP), ground magnetometer and VLF-EM surveys with soil and rock geochemistry. The work defined two strong IP chargeability highs (up to 73 msec) with coincident low resistivity within zones of pyritic clay alteration along the margin of a monzonite stock. Ground magnetics showed elevated responses over the intrusion and adjacent alteration, suggesting possible extensions beneath cover and delineating subtle magnetic highs that track pyritic zones. Geochemistry returned sporadic copper and gold anomalies associated with limonitic quartz veins in the alteration footprint—soils up to 138 ppm Cu and 970 ppb Au, and rocks up to 2.3% Cu and 695 ppb Au. Within this setting, Cas 3-9 comprises multi-stage quartz veins hosted by lapilli tuff, including a sample assaying 106 g/t Ag.1Taken together, the datasets outline a possible sulphide-bearing alteration system at an intrusive margin; element-mobility analysis indicates Au-Ag-Cu anomalies are short-transport and likely near-source, whereas elevated Mo may reflect more mobile dispersion from a porphyry-style source.2
Figure 2. 1992 Placer Dome Induced Polarization Survey
Bren
Within the land package, Bren hosts Ag-rich polymetallic veins and breccias localized in structurally prepared zones. Drilling reported 349.7 g/t Ag and 0.68 g/t Au over 0.09 m (hole G-6), 140.2 g/t Ag and 0.68 g/t Au over 0.60 m (G-3), and 123.1 g/t Ag with 0.34 g/t Au over 0.60 m (G-7).3 Surface work recorded very high-grade silver intervals from 11,135.5 g/t Ag over 0.45 m down to 801.3 g/t Ag over 1.35 m, and a grab sample assayed 0.695 g/t Au, 40 g/t Ag, 0.85% Zn, 1.16% Pb, and 2.3% Cu.4
Firesteel
Another area of the land package, Firesteel, occupies a limestone–volcanic contact where carbonate-reactive rocks focus fluids and heat. Mineralization is best described as a replacement/skarn setting with associated silver-bearing veins. Work reports chip and trench intervals of 11.5% Zn, 0.50% Cu and 54.0 g/t Ag over 4.8 m; 2.3% Zn, 0.3% Pb and 106.0 g/t Ag over 2.1 m (trench 57); and 0.80% Zn, 1.2% Cu and 177.8 g/t Ag over 0.9 m (trench 101).5Additional work noted a historical resource estimate.6 Freibergite-bearing quartz veins up to 11,163 g/t Ag over 0.46 m, selective samples of 12–44% Zn with 0.25–0.74% Cu and 2.7–195 g/t Ag, and a 1.0 m chip grading 10.5% Zn.7
Agreement Terms:
As consideration for the Borealis Project, and pursuant to the terms of the APA, the Company:
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paid Coast Copper $500,000 in cash;
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issued 3,500,000 common shares to Coast Copper (the Consideration Shares); and
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granted Coast Copper a 3% NSR royalty on the Borealis Project, of which the Company will have the right to repurchase 1% for $2,500,000 and an additional 1% for $5,000,000.
Additionally, the Company granted Coast Copper the right to receive a cash bonus payment in the event of certain sale transactions following the completion of the Acquisition. In connection with the Acquisition the Company will issue 588,095 common shares (the “Finder’s Shares”) to an arm’s length finder who introduced the Company to Coast Copper.
All Consideration Shares and the Finder’s Shares are subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable securities laws. Additionally, 2,450,000 of the Consideration Shares are subject to a contractual resale restriction pursuant to which 350,000 Consideration Shares are released each month over a period commencing five months following closing of the Acquisition and ending eleven months following closing of the Acquisition.
Qualified person's statement
The technical content of this news release has been reviewed and approved by Marilyne Lacasse, PGeo, a qualified person as defined by National Instrument 43-101. Ms. Lacasse is not independent of the company.
About Hi-View Resources Inc.
Hi-View Resources Inc. is a mineral exploration company targeting gold, silver, and copper in the Toodoggone region of northern British Columbia, Canada. Its 100% owned properties span over 18,855 hectares, including the Golden Stranger Project, the Lawyers North, West, and East Projects, and the Borealis Project. Additionally, the Company has under option the Saunders and Nub properties (1,083.5 hectares) and Black Pearl, Oxide Summit, Urus, Garnet Properties (1912.46 hectares). The Golden Stranger project is fully permitted with 45 drill-ready sites. Historical drilling highlights include 10 meters at 11.55 g/t gold, a historical resource estimate, sampling yielding up to 111.5 g/t gold and 2,740 g/t silver, with new mineralized zones identified 1.3 km from the main showings, indicating significant exploration potential. For further details, check Hi-View’s official website or recent filings on SEDAR+ (www.sedarplus.ca).
On Behalf of the Board of Directors,
“R. Nick Horsley”
R. Nick Horsley, CEO
For further information, please contact:
Hi-View Resources Inc.
Howard Milne - President
Email: info@hiviewresources.com
Telephone: (604) 377-8994
Website: 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. 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.
1 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 378. Data also sourced from Placer Dome Inc., BC Ministry of Energy, Mines and Petroleum Resources Assessment Report 22721 (1992).
2 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 378. Data also sourced from Placer Dome Inc., BC Ministry of Energy, Mines and Petroleum Resources Assessment Report 22721 (1992).
3 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 365. Data also sourced from Javorsky, BC Ministry of Energy, Mines and Petroleum Resources, Assessment Report 25003 (1996).
4 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 365. Data also sourced from Placer Dome, Assessment Report 22721 (1992)
5 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 002. Sample 14152; Assessment Report 25003 (1996).
6 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 002. El Paso Mining, Assessment Report 4200 (1973).
7 BC Geological Survey, MINFILE Mineral Inventory Database. Retrieved from MINFILE No. 094E 002. Tegart, P., Assessment Report 13531 (1985); Javorsky, BC Ministry of Energy, Mines and Petroleum Resources, Assessment Report 25003 (1996).