Hi-View Resources (CSE:GXLD) has acquired three adjoining claims at its Junkers Property in British Columbia’s Toodoggone district, Canada, bringing a historical mineral showing within its boundaries.
The additions expand Junkers to seven claims covering 3,473 hectares. The original four claims cover southern and southwestern extensions of the showing’s geological units and structures.
Hi-View acquired a 100% interest by issuing 125,000 common shares and paying C$7,500 ($7,575). The property carries a 2% net smelter return royalty, half of which can be bought back for C$1 million.
CEO Nick Horsley says the expanded holding adds to the company’s early-stage exploration opportunities.
“This acquisition gives Hi-View another large-scale generative property in the Toodoggone,” Horsley says.
Historical exploration identified quartz veins containing copper, lead, silver, and gold. Rock samples from a 2004 program returned up to 1,734 grams per tonne silver, although these selective results do not establish grades across the property.
Hi-View’s recommended next steps include structural mapping, contour sampling at West Ridge, and reprocessing 2021 magnetic survey data.
The acquisition follows completion of Hi-View’s broader Toodoggone exploration campaign. Work covered 10 target areas, with assays and geophysical interpretation intended to guide target ranking.
Hi-View Resources is a Canadian explorer advancing gold, silver, and copper assets in the Toodoggone region, including Golden Stranger, the Lawyers claims, and Borealis.
Write to France Pinzon at Mining.com.au
Main image: Hi-View Resources
