VANCOUVER, BRITISH COLUMBIA, Sept. 29, 2026 (GLOBE NEWSWIRE) -- HI-VIEW RESOURCES INC. ("Hi-View" or the "Company") (CSE: GXLD; OTCQB: GXLDF; FSE: B630) announces the application, through staking, of the Sofia East Property in the Toodoggone Gold & Copper District of northern British Columbia. The property is contiguous to Amarc Resources Corp.'s land package and adds the final open piece of Takla Group ground on the Pine trend to the Company's district-scale portfolio, expanding Hi-View's Toodoggone land position to 29,603 hectares.
R Nick Horsley, Chief Executive Officer of Hi-View, commented: "Staking Sofia East gives us the last open piece of Takla Group ground on the Pine trend, 10 km from Sofia and 12 km from Pine, where two major trends intersect. As we have advanced majority of our holdings we will continue to acquire low cost projects with the correct geology to continue grass roots exploration of the prolific Toodoggone District. We will review historical data and plan first-pass work."
Figure 1. Hi-View Resources' Nub and pending Sofia East properties overlain on the BCGS geology map.
Please click to view image
Sofia East is a single 1,693 ha claim (tenure 1139045) on the eastern flank of the Toodoggone camp about 10 km east of TDG Gold's Sofia porphyry showing (MINFILE 094E 208), 12km northeast along the "Pine trend" from Amarc's Pine porphyry deposit, and 1.8 km from the Nub claim. The claim is at relatively low altitude, mostly valley-floor to mid-slope ground of 969 to 1,772 m, gentle slopes, about 32 km from the Sturdee airstrip and 41 km from the Kemess airstrip, in the same helicopter-and-road setting as Nub.
The claim lies within the eastern Stikine terrane belt including Takla Group volcanics and along the contact of a north-trending regional-scale Finlay fault with west-flanking Early Jurassic granodiorite to granite intrusions towards the western portion of the claim boundary. The contacts at that scale however, are schematic and have not been refined over The Property ground. Regionally, northwest-trending normal faults and northeast cross-structures control intrusive emplacement and fluid pathways yet, a north-trending magnetic high anomaly (1st vertical derivative of magnetic field) within the Takla volcanics infers a northerly-trending control may play an important role in localization of fluids.1
The neighbouring Sofia property has three mineralization styles that make the district position relevant. Low-sulphidation gold-silver veins along the 6 km Griz-Sickle-Quartz Lake trend returned up to 3.5 g/t Au and 33 g/t Ag over 11.6 m. High-sulphidation silica-alunite-illite zones at Alunite Ridge, BS Gold and Alexandra define a 5 km alteration corridor with soils to 0.9 g/t Au and 0.2% Cu.2 The Sofia showing itself is potassic-altered quartz monzonite with quartz-magnetite-chalcopyrite veinlets, where 2007 drilling by BCGold returned 0.22% Cu and 0.16 g/t Au over 10 m and the 2022 QuestEx program (eleven holes, 4,398 m) returned 100.5 m of 0.16 g/t Au and 0.14% Cu and 117.9 m of 0.26 g/t Au and 0.21% Cu, interpreted as peripheral porphyry mineralization in Takla basalts beside the intrusion.3 Elevated manganese, potassic alteration with secondary biotite and north-northeast vein orientations in that drilling are read as vectors toward a fertile porphyry centre that has not been found, interpreted to lie northeast of the 2022 drill area beneath the Toodoggone River valley.
The Property lies east of the drilled peripheral mineralization, on the projected extension of the Sofia stratigraphy and intrusive setting, in low altitude, covered valley ground of the kind that conceals porphyry centres. It adjoins the JOY project, which hosts the Pine, MEX and AuRORA porphyry deposits and is the northern extension of the Kemess district, and forms a land position with Nub between TDG's and Amarc's ground. The geophysical analogue is the northeast-trending magnetic high at Sofia, imaged by the 2015 deep IP as a near-vertical resistive core beneath the magnetic unit with an intensely chargeable cap and truncated on its northeast side by the Toodoggone River fault.4 The 2015 IP lines and the 2017 airborne magnetics end 6.5 to 7.5 km west of the claim, The first steps are to confirm the geology on the claim against the BCGS contact, compile the Cazador and QuestEx assessment reports over the area, extend the Nub IP and soil program across the claim, and map its intrusive contacts.5
Qualified Person's Statement
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 100% owned, optioned projects and current claim applications cover more than 29,600 hectares and include the flagship Golden Stranger Project, the Lawyers claims, and the Borealis Project - all designated as high-priority targets. Additional properties under option include Saunders, Black Pearl, Oxide Summit, Nub, Ursus, Garnet, and Harmon Peak. For more information, please visit Hi-View's website or review the Company's 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.
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.
WE SEEK SAFE HARBOUR
1 Oneschuk, D., Hayward, N., Fortin, G., and Hickin, A.S., 2024. British Columbia Magnetic Compilation. Geological Survey of Canada, Open File 9222; Geoscience BC, Report 2024-09; British Columbia Geological Survey, Open File 2024-08. Retrieved from: https://doi.org/10.4095/p1xpdd
2 TDG Gold Corp. Sofia Property Overview. Retrieved from: https://tdggold.com/projects/sofia/
3 Lustig, G., 2008. Assessment Report on the Sofia Sickle Property. BC Assessment Report #30339. Retrieved from: https://apps.nrs.gov.bc.ca/pub/aris/Report/30339.pdf/; QuestEx Gold & Copper Ltd., 2022 Sofia drill program (eleven holes, 4,398 m), as reported by TDG Gold Corp. Retrieved from: https://tdggold.com/projects/sofia/
4 Walcott, P.E. and Walcott, A., 2015. Assessment Report on Geophysical Surveying, Sofia Property, Toodoggone Area, for Cazador Resources Ltd. BC Assessment Report #35759. Retrieved from: https://apps.nrs.gov.bc.ca/pub/aris/Report/35759.pdf/
5 Walcott, P.E., 2017. Assessment Report on an Airborne Magnetic Survey, Sofia Property, for Cazador Resources Ltd. BC Assessment Report #37222. Retrieved from: https://apps.nrs.gov.bc.ca/pub/aris/Report/37222.pdf/
