Hi-View Resources Acquires Mineral Claims Package in the Babine Copper-Gold Porphyry District of Central British Columbia
Hi-View Resources Inc. Phone: 604-377-8994
Suite 170 – 422 Richards Street www.hiviewresources.com
Vancouver, British Columbia, V6B 2Z4
NEWS RELEASE
Hi-View Resources Acquires Mineral Claims Package in the Babine Copper-
Gold Porphyry District of Central British Columba
Vancouver, British Columbia, December 17th, 2024 – Hi-View Resources Inc. (‘Hi -View' or the
‘Company’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) is pleased to announce it has acquired a 100%
interest in a highly prospective mineral claim package spanning over 609 hectares, located in the “Babine”
Copper-Gold porphyry district of central British Columbia. Hi-View’s claims are easily accessible from the
mining Town of Smithers, located approximately 90 km to the southwest and connected via highway and
rail to major BC ports. The property exhibits favorable topography and significant infrastructure in place
leading to potential low-cost exploration.
Hi-View’s Babine claim package is located approximately 12 kilometers to the southeast of American Eagle
Gold’s (“AE” – TSX.V) “NAK” deposit and is situated on -trend and within similar geology to the NAK
and Amarc Resources Ltd. (“AHR” – TSX.V) “DUKE” deposit s. Recent significant funding by Teck
Resources Limited (“TECK” – TSX) and South32 Ltd. into American Eagle Gold has increased their cash
to approximately $37 million enabling a comprehensive drill program to test the full extent of the nearby
NAK system (see AE press release dated November 11th, 2024) ensuring an active exploration camp.
Hi-View Resources President and CEO Howard Milne states, “With gold prices recently hitting all -
time highs and copper forecasting high demand as a critical metal in the Green Energy Transition, we are
excited to add this highly prospective and strategically located property to our Gold and Copper
exploration portfolio. This Babine area claim package is in proximity and on trend with several established
Gold and Copper porphyry deposits in the area.”
Figure 1. Hi-View’s Babine mineral claim and American Eagle’s NAK deposit and Amarc’s DUKE deposit
A review of the regional historical data and geological studies of the area highlights its potential for mineral
exploration. Historical work includes regional government surveys including aerial geophysics, and
surficial sampling.
Two government geophysics surveys were flown over this area, the 2016 Search Phase ll airborne magnetic
and radiometric surveys and the 2008 Quest -West Project airborne electromagnetic and gravity surveys.
The claim package sits on the eastern edge of Bloc k 1 of the Quest -West Survey and only one flight line
passes through the claim, search Phase ll is higher detail and provides useful information on the regional
context of the claim.
There are two surface sampling datasets that cover this area. The 2008 Quest -West Project included the
collection of new and re-analysis of historical stream and sediment samples. In 2009, archived till samples
from the 1995 NATMAP program were re-analyzed due to advances in analytical instrumentation.
Historical Data and Geological Context
Hi-View’s Babine claim package is situated within the Jurassic Hazelton Group volcanics at the contact
with the Triassic Takla Group volcanic and marine sedimentary rocks. Porphyry deposits in the area
including Hearne Hill, Duke and Nak are associated wit h intrusions of the Babine Plutonic Suite (EBgd)
into the Hazelton Group volcanics, several of these plutons are mapped to the immediate east of the Claim
(Figure 2 below). The faulted contact between Hazelton and Takla volcanics is an important marker horizon
for porphyry and epithermal exploration in northern British Columbia, as it represents deep structures which
may be utilized by ascending mineralization forming fluids (Nelson and Kyba, 2014).
The claim package is largely covered by glacial till and situated within a deep north to northeastern valley.
The direction of ice flow in the area is mapped as south-southeast (Huntley et al., 1996, Stumpf et al., 1996
and Ferbey et al., 2009). Anomalies in till and lake or stream sediments will have been displaced to the
south to southeast, which is evident in the dispersion of anomalous copper (>40 ppm Cu in Lake and Stream
and >85 ppm Cu in Till) sediments to the south and southeast of both the Nak and Duke prospects. There
are three anomalous copper in lake sediment samples and three anomalous copper in Till samples south and
southeast of the Hi-View’s Babine Claim.
The Search Phase ll airborne magnetic survey shows a northwest trending structural trend from the Nak
and Duke prospects, Mast and Hautete showings, and continues onto Hi-View’s Babine claim package. The
magnetics over the claim area appear muted compared to Nak, Duke, Mast and Hautete. This is assumed to
be due to the deep valley and till coverage on the Claim. The Search ll potassium radiometric survey shows
good correlation with the Babine Plutonic Suite intrusions, potassium high anomalies appear to con tinue
onto the Claim, though data appears to have been lost over most areas of the claim.
Figure 2: Regional Geology of the Claim area. The Claim is situated within similar rocks to the Nak and Duke Deposits.
Figure 3: Copper in Till, Lake and Stream sediments Collected during the Quest-West and NATMAP programs.
Potential south – southeastern dispersion of anomalous copper below the Claim, similar to NAK and Duke Prospects.
Figure 4: Search ll AMAG RMI Vertical Derivative. There is high mag extending along a northwest orientation from Nak
and Duke and other showings onto the Claim. Likely due to till coverage the mag signature is muted.
Figure 5: Search ll ARAD - K. High Potassium (K) coincides with mapped Babine Plutonic Suite (EBgd) plutons, which
host porphyry deposits in the area. High K anomalies appear to continue onto Hi-View’s claim package.
The technical content of this news release and the Company's technical disclosure has been reviewed and
approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by
National Instrument 43-101 Standards of Disclosure for Mineral Projects.
References
Ferbey, T., Levson, V.M. and Lett R.E(2009): Till Geochemical Exploration Targets, Babine Porphyry
Copper Belt, Central British Columbia; British Columbia Geological Survey, Open File 2009-04, 34 pages.
Huntley, D.H., Levson, V.M. and Weary, G.F. (1996): Surficial geology and Quaternary stratigraphy of the
Old Fort Mountain area (93M/1); British Columbia Ministry of Energy, Mines and Petroleum Resources,
Open File 1669-9, 1:50,000-scale map.
Nelson, J., and Kyba, J., 2014. Structural and stratigraphic control of porphyry and related mineralization
in the Treaty Glacier – KSM – Brucejack – Stewart trend of western Stikinia. In: Geological Fieldwork
2013, British Columbia Ministry of Energy and Mines, British Columbia Geological Survey Paper 2014-1,
pp. 111-140.
Stumpf, A.J., Huntley, D.H., Broster, B.E. and Levson, V.M. (1996): Surficial geology and Quaternary
stratigraphy of the Fulton Lake area (93L/16); British Columbia Ministry of Energy, Mines and Petroleum
Resources, Open File 1669-10, 1:50,000-scale map.
Terms of the Agreement
The Company has acquired 100% interest in the Babine Copper -Gold claims directly through staking the
claims, using an arm’s length consulting service at a total cost of $10,000.00 plus GST.
Additional Announcements
The Company has engaged Free Market Media Ltd. (“Free Market”) of Langley, BC, Canada, to provide
Web services to the Company. Free Market will set up on -line advertising portals, on which Hi-View
Resources will pay directly at-cost for the advertising. Free Market will be retained on a month -to-month
basis and commence immediately (subject to Canadian Securities Exchange approval date) to assist the
company in raising awareness. In consideration of the marketing services provide d by Free Market, the
company has agreed to pay advertising expenses up to $50,000 per month should the company deem this
beneficial. To the Company's knowledge Free Market's principal owns no shares in Hi -View Resources.
Free Market Media is owned by Brenton Rusin and has a PIF filed with the Canadian Securities Exchange
for investor relations services.
About Hi-View
Hi-View is a mineral exploration company focused on the acquisition, exploration and development of
mineral properties in Canada and the USA. The Company, through its subsidiary holds interests in the
Golden Stranger Property and the Lawyers West, East, South projects, together with claims acquired
directly through staking, all located in the Toodoggone region of northern BC, prospective for gold, silver,
and copper. The collective holdings cover 9,140 hectares.
Contact:
Hi-View Resources Inc.
Howard Milne, CEO
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.