Hi-View to Acquire 1992 Placer Dome Porphry Target Adjacent to Centerra's Kemess Complex
Hi-View Resources Inc.
Suite 700 – 838 West Hastings Street
Vancouver, British Columbia, V6C 0A6
www.hiviewresoures.com
HI-VIEW TO ACQUIRE 1992 PLACER DOME PORPHRY TARGET
ADJACENT TO CENTERRA’S KEMESS COMPLEX
VANCOUVER, BRITISH COLUMBIA, AUGUST 28th, 2025 – HI-VIEW RESOURCES INC. (‘HI-
VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces it has signed
a definitive agreement with Coast Copper Corp. (“Coast Copper” or the “Company”; TSX-V: COCO)
to acquire the Borealis Project, 9106.06 hectares of additional ground immediately south of the company’s
claims, expanding the land position in the Toodoggone District of north -central British Columbia. The
newly acquired ground captures three historically documented occurrences —Firesteel, Bren, and Cas 3 -
9—positioned along a west -to-east corridor of limestones, altered volcanic rocks, and Early Jurassic
intrusions on the eastern margin of the Stikine Terrane, approximately eight to ten kilometres northwest of
the Kemess deposits.
Figure 1. Hi-View’s Toodoggone claim holdings featuring new Borealis
Hi-View CEO & Director R. Nick Horsley states, “Hi-View has doubled our land package, strategically
positioning us adjacent to Centerra’s Kemess complex where porphyries have occurred in clusters. The
1992 Placer Dome program at the Cas area revealed a high -potential target, with IP chargeability highs
(up to 73 msec), magnetic anomalies outlining pyritic zones, and sulphide -bearing alteration along a
monzonite margin. Geochemical signatures, including soils up to 138 ppm Cu and 970 ppb Au, rocks
assaying up to 2.3% Cu, 695 ppb Au, and 106 g/t Ag, alongs ide a molybdenum anomaly indicating
transportation from a potential nearby porphyry source. This acquisition I believe unlocks significant
shareholder value allowing us to acquire 100 percent interest without any work commitments in an exciting
target."
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
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).
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
Hi-View plans to review and potentially follow up on these anomalies with updated geophysical and drilling
programs, subject to permitting and market conditions.
Agreement Terms
Under the terms of the Agreement, Hi-View will:
• Immediately pay Coast Copper a non -refundable deposit of $50,000 which will be spent on
exploration expenditures on the Property to keep it in good standing for a period of twelve (12)
months;
• upon closing of the Transaction, make a cash payment of $450,000 to Coast Copper;
• upon closing of the Transaction, issue to Coast Copper 3,500,000 Consideration Shares. The first
1,050,000 Consideration Shares will become free-trading four months after the completion of the
Transaction, and the remaining Consideration Shares will become free-trading in equal amounts of
350,000 Consideration Shares at the end of each following month, such that the final 350,000
Consideration Shares will become free -trading eleven (11) months after the completion of the
Transaction.
Coast Copper will retain a 3% NSR royalty on the Property of which Hi -View will have to right to
repurchase 1% for $2,500,000 (the “ First Buyout Payment”) and an additional 1% for $5,000,000 (the
“Second Buyout Payment”).
Transaction Bonus
If, after the Closing Date, Hi-View completes a “Sale Transaction”, defined as a transaction resulting in a
direct or indirect sale or transfer of property or a take-over, amalgamation, plan of arrangement, or business
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).
combination in respect of Hi-View the result of which 51% or more of the issued and outstanding equity or
voting interests of Hi-View is acquired by a single arm’s length third party, and provided that immediately
before the consummation of such Sale Transaction either (a) Hi-View, or an affiliate thereof, continues to
own an interest in the Property, or (b) Hi -View, or an affiliate thereof, has disposed of an interest in the
Property in a transaction connected or related to the Sale Transaction, Hi -View agrees to pay to Coast
Copper, within five business days following the completion of the Sale Transaction, a one -time bonus
payment (the “ Bonus Payment”) in accordance with the following scale: If the transaction is less than
$10,000,000 the Bonus Payment would be $500,000, if $10,000,000 to $20,000,000 the Bonus Payment
would be $1,000,000, and if greater than $20,000,000 the Bonus Payment would be $1,500,000.
The Bonus Payment shall be paid in cash. Where the Sale Transaction is structured as an option, joint
venture or other transaction with staged or conditional payments, the Bonus Payment shall not become
payable until such consideration is actually receive d by Hi -View, its affiliate or its securityholders, and
further provided, for greater certainty, that the Bonus Payment shall be paid in stages as the aggregate
transaction value of such staged or conditional payments totals the above-listed thresholds.
The completion of the Transaction is subject to standard closing conditions, including receipt of all
necessary regulatory approvals, including the approval of the Canadian Securities Exchange.
A finder's fee may be payable pursuant to Canadian Securities Exchange policies.
In addition, The Company has granted a total of 2,700,000 restricted share units (RSUs) and deferred
share units (DSUs) to select directors, officers, and consultants under the Company's Restricted Share
Unit and Deferred Unit Plan.
Cautionary Note
All technical information and assay results referenced above are historic in nature, sourced from publicly
available assessment reports and government databases. The Company has not yet verified these results,
which may not be representative of the overall mineralization on the property. Reported grab samples are
selective by nature and may not represent average grades, while chip samples represent localized
exposures and reported widths may not reflect true widths. Confirmation of the reported mineralization
will require future fieldwork, sampling, and analytical programs carried out under industry-standard
QA/QC procedures.
Qualified Person’s Statement
The technical content of this news release has been reviewed and approved by Marilyne Lacasse, P.Geo., a
Qualified Person as defined by National Instrument 43 -101. Marilyne 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 9,749 hectares,
including the Golden Stranger Property (2,669 hectares) and the Lawyers East, West, and South claims.
Additionally, the Company has optioned the Saunders and Nub properties that span 1,083.5 hectares for a
total size of 10,832,5 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 , there is historical resource estimate .,
sampling yielded 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: [email protected]
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. 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.