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Hi-View Resources Inc (2)
Symbol GXLD
Shares Issued 30,754,908
Close 2026-03-23 C$ 0.30
Market Cap C$ 9,226,472
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Hi-View amends Golden Stranger permit

2026-03-24 10:59 ET - News Release

Mr. R. Nick Horsley reports

HI-VIEW AMENDS EXPLORATION PERMIT TO INCLUDE HIGH-PRIORITY PORPHYRY TARGET ZONES

Hi-View Resources Inc. has successfully amended mine No. 0200018 (permit No. MX-100000327) for its Golden Stranger property. The amendment now incorporates the Lawyers East, Saunders and Borealis porphyry target zones, significantly enhancing the value of the company's Toodoggone portfolio and establishing a carefully managed five-year exploration framework.

R. Nick Horsley, chief executive officer of Hi-View, commented: "This permit amendment represents a significant milestone in our disciplined and methodical strategy to unlock the full mineral potential of the Toodoggone portfolio. I would like to extend our sincere thanks to the Kwadacha Nation, Takla Nation and Tsay Keh Dene Nation for welcoming us onto their traditional territories.

"Upholding the highest environmental and ecological standards, we have now secured a structured five-year exploration framework. This includes up to 100 line kilometres of induced polarization (IP) surveying and up to 45 drill pads. The approval provides a solid foundation for a comprehensive, responsible exploration program focused on final drill target selection across our extensive landholdings.

"We are confident that our systematic approach, integrating geological sampling with geophysics, will effectively vector additional high-priority porphyry drill targets, deepen our understanding of the district and create substantial long-term value for our shareholders."

The amendment expands the claims package and MYAB (multiyear area-based permitting) boundaries to incorporate newly acquired ground and introduces a robust induced polarization (IP) geophysical program alongside proposed drilling to unlock the property's mineral potential. The amendment also updates previously approved disturbance estimates for drill pads and camp area as the original permitted areas were determined to be inaccurate and not reflective of the actual scope of authorized activities. The revised disturbance calculations more reasonably represent the dimensions and footprint required to safely and effectively carry out the proposed activities.

Over the five-year term on this amendment, Hi-View has planned up to 100 line kilometres of IP surveying and up to 45 drill pads across prioritized targets. The five-year program will mark a strong start, with approximately 73 line kilometres of IP surveying and up to 26 drill pads proposed, supported by a temporary camp and existing infrastructure. All activities are designed to minimize environmental impact, including the use of previously disturbed areas where possible, small-footprint drill pads, responsible water management, secure fuel storage and progressive reclamation.

This expanded and integrated exploration program will support the systematic advancement of Hi-View's Toodoggone portfolio while maintaining the company's commitment to responsible environmental management and resource development. Below outlines the proposed plans for each of four project areas included in this amendment. A separate application is planned to support further IP surveying across Hi-View's additional Toodoggone properties.

Hi-View's 2026 exploration plans are to start the season with regional soil and rock sampling and geological mapping over new geophysical targets and known showings. This will be completed alongside targeted IP lines over areas of interest. The proposed permit amendment also requests an increase in permitted year 1 drill sites to 26 drill sites at the targets described below. These potential drill targets will further be evaluated and refined with the 2026 surface sampling, mapping and geophysics.

At the Lawyers East project area, the proposed five-year program includes five helicopter-access drill pads, five helipads and approximately 18 line kilometres of IP surveying. At the Saunders project area, the five-year program is focused on geophysics, with approximately 3.39 line kilometres of IP surveying planned. At the Borealis project area, the proposed five-year program includes five helicopter-access drill pads, five helipads and approximately 51.5 line kilometres of IP surveying.

The project area sits within striking distance of one of the Toodoggone region's most significant recent porphyry discoveries. Amarc Resources' Aurora system, part of the emerging Joy trend corridor to the north, has returned drill intervals of 661 metres of 0.23 per cent copper and 0.17 gram per tonne gold, establishing a confirmed porphyry centre with a large hydrothermal footprint.

Proximity to Amarc's confirmed, drill-defined porphyry system provides both a geological vector for deeper targets and a powerful proof of concept that the district is capable of hosting large-tonnage copper-gold mineralization at depth.

At the Borealis project area, the proposed program has the construction of five helicopter-access drill pads and five dedicated helipads to support efficient, remote-access drilling operations across the property. Complementing this drilling activity, the program also includes approximately 51.5 line kilometres of IP geophysical surveying, which will provide critical subsurface data to help define and prioritize mineralization targets ahead of future drill campaigns.

The Golden Stranger project area encompasses the same footprint approved under the original permit (permit No. MX-100000327). For the five-year work plan, the company is proposing 16 helicopter-access drill pads supported by six helipads within this area. The Golden Stranger MYAB area also permits a temporary camp of up to 12 structures, which may be utilized; however, the company's preference is to establish a more centrally located camp along existing road access, where feasible, rather than rely solely on a helicopter-supported fly camp.

With this permit amendment, Hi-View Resources is positioned to execute a systematic and responsible exploration program across its Toodoggone properties. Spanning five years and encompassing up to 100 line kilometres of IP surveying and 45 drill pads, the program reflects the company's confidence in the region's mineral potential and its commitment to delivering shareholder value through disciplined, environmentally sound resource development.

Qualified person statement

The technical content of this news release has been reviewed and approved by Marilyne Laccasse, PGeo, a consultant for the company and a qualified person as defined by National Instrument 43-101.

About Hi-View Resources Inc.

Hi-View Resources, 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-per-cent-owned and optioned projects cover more than 27,791 hectares and include the flagship Golden Stranger project, the Lawyers claims and the Borealis project -- all designated as high-priority targets. Additional assets in the portfolio include the Nub and Saunders properties, while the Northern claims and Harmon Peak remain under active option agreements. The company also has an additional 1,300 hectares currently under mineral claim application.

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