Hi-View Resources (CSE:HVW) has expanded and strengthened its landholdings in the Toodoggone district of British Columbia, Canada after acquiring four new mineral tenure applications from an arm’s length vendor.
The acquired tenements extend for around 1,372.5 hectares, through the issue of 50,000 shares and a C$5,000 ($5,481) cash payment.
Hi-View, which has a market capitalisation of C$5.14 million, describes the additional landholdings to offer extensions to corridors already favourable for significant gold-silver epithermal and copper-gold porphyry mineralisation.
CEO Nick Horsley says the new mineral applications acquired align with the company’s vision for exploration across the Toodoggone District.
“The acquired ground encompasses structural trends and prospective stratigraphy directly along strike from known mineralised zones, enhancing our district-scale land package,” Horsley says.
“This expansion bolsters our exploration pipeline, offering new generative targets for systematic evaluation and reinforcing our belief that the Toodoggone District has the potential to emerge as one of the world’s richest mineral regions.”
The company has been embarking on a strategic mission to expand its mining claims across the district, following its recent acquisition of the Harmon Peak Project, spanning 451.5 hectares, as reported by Mining.com.au.
Hi-View Resources is a Canadian explorer focused on advancing its portfolio of gold, silver, and copper assets in the Toodoggone district.
Write to Maddison Elliott at Mining.com.au
Images: Hi-View Resources
