Hi-View’s Zeal Receives Drill Permit for the Golden Stranger Project
VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) — Hi-View Resources Inc. (‘Hi-View’) (CSE: HVW) announces that its wholly-owned subsidiary, Zeal Exploration Inc. (‘Zeal’), has received a drill permit for the Golden Stranger Project (‘Golden Stranger’) in the Golden Horseshoe area of north-central British Columbia, Canada.
About Golden Stranger’s Drill Program
The Golden Stranger is a low sulphide, epithermal gold-silver target which may additionally be host to porphyry targets, as demonstrated by historic drilling intersecting copper-gold bearing porphyritic rock. Previous operators drilled 29 drill holes which encountered a Gold-Silver footprint. Zeal applied for 45 drill sites and 10 additional helipad sites and has posted a reclamation bond.
Prior to drilling, Zeal aims to undertake a ground exploration program consisting of a geophysical VLF survey and surface sampling program to generate more targets and follow up on geophysical targets generated by a 2021 airborne survey on the Lawyers West, East and South properties. The drill program will look to confirm historic drill intercepts and test the most compelling geophysical and surface anomalies.
Hi-View believes the key to advancing the Golden Stranger project will be to discover and delineate additional mineralization that extends beyond the historical drilling.
Howard Milne, CEO of Hi-View, stated, “Obtaining the drill permit is a significant step forward for the Golden Stranger project, which will give us an opportunity to drill this coming season in the Golden Horseshoe mining district.”
The principal business is the acquisition, exploration and development of mineral resource properties. Its objective is to locate, define and ultimately develop economic mineral deposits. Zeal Exploration is a wholly-owned subsidiary which holds the options to acquire the Golden Stranger Property and the Lawyers West, East, South projects located in the Toodoggone Region of British Columbia, prospective for gold, silver, and copper. The collective holdings cover an approximate 9,139.57 hectares. Additionally, the Hi-View holds an option on the Ket 28 Property located in south-central British Columbia in the Greenwood District. The Ket 28 Property covers an area of 3,432 hectares.
Hi-View Resources Inc.
Howard Milne, Chief Executive Officer
Email: [email protected]
Telephone: (604) 377-8994
FORWARD LOOKING STATEMENTS:
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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. 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.