13-05-2025
- Business
- The Market Online
B.C. gold explorer adds claims next to new discovery
Gold explorer Hi-View Resources (CSE:HVW) acquired 613.24 hectares of claims near Amarc Resources and Freeport-McMoRan's recent discovery at the AuRORA porphyry target in British Columbia
The discovery yielded up to 4.48 grams per ton (g/t) of gold, 8.4 g/t silver and 0.96 per cent copper
Hi-View Resources acquires, explores and develops mineral properties in the Toodoggone region of northern British Columbia
The junior mining stock has given back over 80 per cent since 2022
Gold explorer Hi-View Resources (CSE:HVW) acquired 613.24 hectares of claims near Amarc Resources and Freeport-McMoRan's recent discovery at the AuRORA porphyry target in British Columbia's Toodoggone region, yielding up to 4.48 grams per ton (g/t) of gold, 8.4 g/t silver and 0.96 per cent copper.
Amarc owns three districts in the region, each of which boasts the potential to host multiple porphyry copper-gold deposits of significant scale. Freeport-McMoRan, one of the largest public copper producers, can earn up to a 70 per cent interest in each district by investing up to C$200 million in development capital.
Hi-View's new claims, contiguous with its Lawyers East claim block, were purchased from three arm's-length vendors for 600,000 Hi-View shares and C$1,073.16 in cash.
The company is planning follow-up exploration at its Lawyers South, East and West claims, as well as its Golden Stranger project, the latter housing a non-compliant resource of 39,870 ounces of gold. Leadership insights
'In 2025, the Toodoggone region has solidified its status as one of Canada's premier mining districts. Amarc Resources' AuRORA discovery is potentially British Columbia's highest-grade porphyry find to date. Thesis Gold secured a C$24.5 million investment from Centerra Gold— the operator of Kemess South, the region's last active mine — which will fund a robust drill program at the Lawyers-Ranch complex. A Q4 resource update is anticipated, potentially positioning Thesis as an attractive takeover target. Skeena Resources added further momentum to the region by selling its Sophia project to TDG Gold and committing a strategic C$11.5 million investment,' Robert Nick Horsley, Hi-View Resources' chief executive officer, said in a statement. 'Meanwhile, Hi-View's land package — highlighted by historic drilling at the Golden Stranger and the underexplored Southeast Block — offers exciting untapped potential, setting the stage for the upcoming exploration season.' About Hi-View Resources
Hi-View Resources acquires, explores and develops mineral properties in Canada and the USA. Its portfolio is concentrated in the Toodoggone region of northern British Columbia, which is prospective for gold, silver and copper.
Hi-View Resources stock (CSE:HVW) last traded at C$0.025. The stock has given back over 80 per cent since 2022.
Join the discussion: Find out what everybody's saying about this junior gold, silver and copper stock on the Hi-View Resources Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
