Hi-View Resources: Unveiling Golden Opportunities in Toodoggone

Generado por agente de IATheodore Quinn
martes, 21 de enero de 2025, 3:13 am ET2 min de lectura
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Hi-View Resources Inc. (CSE: HVW) has recently announced plans for a follow-up exploration program at its 9,140-hectare Golden Stranger Project and Lawyers South, East, and West claims, located in British Columbia's prolific Toodoggone-Kemess porphyry Cu-Au region. The company's 2024 exploration program yielded impressive results, with grab samples returning up to 111.5 grams per tonne (g/t) of gold (Au) and 2,740 g/t of silver (Ag). These discoveries have set the stage for an exciting 2025 exploration season.

The Toodoggone region is geologically similar to economically significant epithermal gold camps situated around the Pacific margin, presenting the potential to host significant deposits given the right combination of localized geological parameters. Hi-View's properties are contiguous to Thesis Gold's "Lawyers" Project and "Ranch" Project, which have reported significant drilling intercepts and extensive ongoing drilling campaigns. Thesis Gold, after the recent merger with Benchmark Metals, is now one of the largest precious metals development and exploration companies in the district, totaling 32,400 hectares of consolidated and contiguous land hosting multi-million ouses of gold discoveries.

Hi-View's Golden Stranger Property has a historical resource estimate of 498,905 tonnes of material grading 2.74 g/t Au, calculated prior to the implementation of current NI 43-101 and CIM standards for mineral resource estimation. The company has 45 sites now permitted for drilling across the project, which will allow it to confirm and expand upon historical drilling intercepts on the project of up to 10 meters of 11.5 g/t Au.



The recent sampling results and the identification of new target zones suggest the potential for expanding the historical resource, which could lead to an increase in the project's valuation. The proximity to established deposits, such as Thesis Gold's Lawyers-Ranch project, can also enhance the project's value, as it suggests the presence of a favorable geological environment for mineralization.

Hi-View Resources President and CEO Howard Milne stated, "With gold prices recently hitting all-time highs and copper forecasting high demand as a critical metal in the Green Energy Transition, we’re excited to continue our exploration in the prolific Toodoggone region following significant 2024 sampling discoveries. Our neighbors Thesis Gold Inc. recently raised $10 Million by way of brokered private placement and will be actively drilling to expand their existing mineral resource of over 4 million ouses of Gold equivalent. We look forward to a multi-front exploration season in 2025, focusing on both our newly acquired Babine Gold and Copper project and our Gold-Silver Projects in the prolific Toodoggone region. Furthermore, the company will continue to look to acquire new exciting opportunities to add to its highly prospective portfolio of exploration projects."

In conclusion, Hi-View Resources' exploration strategy in the Toodoggone region presents a compelling investment opportunity, given the recent sampling discoveries, the potential for resource expansion, and the proximity to established mineral resources. The company's plans for a follow-up exploration program in 2025, combined with the current high gold prices and increasing demand for copper, could enhance Hi-View Resources' valuation and investment potential. However, it's essential to consider the risks associated with early-stage exploration projects and the need for further exploration, drilling, and resource estimation work to confirm the project's value.

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