Hi-View Completes Comprehensive Analysis of Black Pearl Porphyry Target

(via TheNewswire)

VANCOUVER, BRITISH COLUMBIA – TheNewswire - APRIL 28, 2026 – HI-VIEW RESOURCES INC. (“Hi-View” or the “Company”) (CSE: GXLD; OTC: GXLDF; FSE: B630) is pleased to announce the completion of a comprehensive technical analysis of its Black Pearl property located in the highly prospective Toodoggone district of northeastern British Columbia.

Recently, Thesis Gold & Silver Inc. announced it had identified porphyry-style alteration at two separate targets, one interpreted as a lithocap system overlying a potential porphyry at depth, and a second exhibiting inner propylitic alteration with copper-silver mineralization consistent with exposure of a deeper porphyry-level system. Taken together, these findings point to a district with multiple porphyry systems at varying levels of preservation, precisely the kind of geological setting Hi-View believes its Black Pearl Project is positioned within.

R. Nick Horsley, Hi-View Resources Chief Executive Officer commented: "The Black Pearl Project and nearby outlier claims hosts significant grades of copper and gold. The properties are situated in one of the most favourable geological settings for porphyry systems in the Toodoggone region. The presence of multiple high-grade epithermal showings, particularly at HAR and Gord Davies East, along with evidence of a vertically zoned hydrothermal system, makes this an extremely compelling exploration opportunity. Thesis recently identified two high-quality porphyry exploration targets on their adjacent Lawyers–Ranch project, which border Hi-View's properties and further validate our porphyry potential."

The Company is advancing the Black Pearl Project with a focused exploration program scheduled for this summer, aimed at unlocking the Project’s potential through a comprehensive and integrated review currently in progress. This work combines historical datasets (Figure 2) with recently acquired airborne magnetic data (Figure 3) to refine targets and strengthen the geological framework. While the magnetic data adds valuable context, Black Pearl remains an underexplored opportunity, with subtle and locally variable responses, including discrete lineaments and magnetic features, highlighting areas for further investigation. This integrated effort is expected to enhance target definition and support a disciplined, data-driven next phase of exploration at the Project.

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Figure 1. Hi-View’s Black Pearl Flanked by Thesis’s Porphyry Target Locations to the southwest (Ranch) and east (Ranch East)

Regional Context

Several nearby deposits and advanced exploration projects illustrate the range of mineralization styles present in the surrounding area with developing porphyry potential. Thesis’ Ranch property 2025 results indicate they are at the transition between the upper lithocap environment to porphyry system at depth. Drilling in their Steve zone has intersected gusano textures and drilling in their Moly Corridor has identified diatreme breccias, both zones show alteration transitions from advanced argillic assemblage into sericite-dominate and minor propylitic assemblage. Thesis’ Ranch East has high-temperature inner propylitic alteration assemblage and magnetite-actinolite veins with albite alteration halos interpreted as being deeper levels of a porphyry system. Surface grabs on the Ranch East zone includes bornite-bearing surface grab samples with 2.31% Cu and chalcopyrite-bearing samples with 1.76% Cu and 14.0 ppm Ag (Figure 1). The Black Pearl Project is positioned between the two Ranch Properties in favourable stratigraphy to host potential porphyry mineralization.

The Black Pearl is contiguous to a known porphyry the “Porphyry Pearl” showing to the southwest. The Porphyry Pearl prospect is characterized as a Cu-Au-Ag porphyry system, confirmed by drill intercepts such as 70 m grading 0.31% Cu, 0.12 g/t Au, and 2.8 g/t Ag, reflecting disseminated and vein-hosted sulphides in an altered intrusive body. To the southeast, the JD Project hosts a well-developed low- to intermediate-sulphidation epithermal Au–Ag system, with drilling returning intervals including 78.0 m grading 3.72 g/t Au.1 Farther north, the Golden Lion project hosts a broad epithermal Au–Ag±Zn–Pb system, with drill intervals such as 40.3 m grading 2.0 g/t Au, 24 g/t Ag, 1.2% Zn, and 0.5% Pb.2

BLACK PEARL - Key Highlights

• Geological review confirms Black Pearl lies in a favourable setting where Permian carbonates, Triassic arc volcanics, and Early Jurassic volcanic rocks coincide with Black Lake–age intrusions that host porphyry–skarn–epithermal systems elsewhere in the region. 

• Contact between Hazelton/Toodoggone volcanics and Stuhini/Takla volcanic sequences may be indicative of the significant Kyba Red Line, a recognized marker for porphyry-style mineralization in the district.  

• Four known mineral occurrences (HAR, Gord Davies East, Gord Davies West, BR057) outline a low-sulphidation epithermal vein system with locally high-grade gold (Au) – silver (Ag) and base-metal enrichment, and minor skarn where intrusions cut Asitka limestone. 

• Target-ranking evaluation highlights HAR and Gord Davies East as the strongest near-surface opportunities for immediate follow-up exploration. 

• Historical sampling at Gord Davies East returned values up to 82.7 grams per tonne (g/t) Au, with follow-up sampling of 23.5 g/t Au, and eighteen additional samples yielding 1–7 g/t Au.3 

• The HAR vein corridor extends for more than 1.5 km, with historical grades including 1.07 m at 0.44% copper (Cu), 0.98% zinc (Zn), 1.70% lead (Pb), 262.4 g/t Ag, and 0.34 g/t Au, and recent sampling returning 3–5 g/t Au and 300–1,000 g/t Ag in meter-scale veins.4 

Property Overview

The Black Pearl property is positioned within the core of the Toodoggone volcanic belt, a region known for hosting multiple porphyry–skarn–epithermal systems. The property stratigraphy consists of basement Permian Asitka Group carbonates overlain by Upper Triassic Stuhini/Takla volcanic rocks and Early Jurassic Hazelton/Toodoggone volcanic sequences, all intruded by the calc-alkaline Black Lake plutonic suite, the principal magmatic driver for the district's mineralized systems (Figure 2).

Mineralization across the property is hosted in structurally controlled quartz to quartz–carbonate veins, with local development of quartz–carbonate–barite zones. Alteration and mineralization styles are consistent with epithermal levels preserved across a structurally complex setting dominated by major NW-trending corridors intersected by NE faults that segment and locally uplifted mineralized blocks. The Property captures multiple levels of a Toodoggone-style epithermal system with the presence of intrusions that propose potential connectivity to subsurface porphyry systems.

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Figure 2. Black Pearl 2005 Geology Map and Sample Locations

Target Areas

HAR: The most extensive and continuous mineralized structure on the property, the HAR vein corridor is a northwest-trending zone extending for more than 1.5 km. Mineralization includes galena, sphalerite, chalcopyrite, and pyrite in both massive sulphide seams and re-brecciated quartz–sulphide veins. High-grade historical rocks include sample GD-88-018 which graded 1.11% Cu5 22.23% Zn, 4.56% Pb, 21.94 g/t Ag, and 0.17 g/t Au over 10–15 cm sulphide seams. This area represents the strongest and most continuous epithermal vein system on the property.6

Gord Davies East: Hosts the highest-grade gold mineralization on the property, where vuggy quartz and quartz–carbonate to quartz–carbonate–barite veins contain sphalerite, galena, chalcopyrite, and pyrite. Mineralization lies at the faulted contact between the Stuhini/Takla and Hazelton/Toodoggone units, which trends NW-SE. The zone shows stronger, more coherent argillic alteration than any other area on the property, representing an upper-to-mid epithermal level in a permeable structural block.7

Gord Davies West: A narrow siliceous vein zone with grab sample GD-88-002 returning 246ppm Cu, 5.14 g/t Ag, 0.137 g/t Au, 1.30% Pb, and 1.75% Zn, representing a discrete low-sulphidation epithermal vein hosted near a structural break between Toodoggone and Takla volcanic units.8

BR057: An early-stage target consisting of quartz veins hosted within Upper Triassic volcanic rocks of the Takla Group. Sampling documented values such as 0.88 g/t Au, 6.6 g/t Ag, 0.57% Pb, 0.55% Zn and 51 ppm Cu from quartz veining cutting andesite flows.9

Breccia-Claw: In the northeast portion of the property, skarn mineralization occurs where Asitka Group limestone is intruded by Jurassic felsic to intermediate bodies, forming diopside–garnet–marble assemblages with pyrite, chalcopyrite, sphalerite, and galena, reflecting the least preserved rocks exposed on the property. Grades include 12.8% Cu, 0.31 g/t Au, 90.5 g/t Ag, and 4.25% Zn.

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Figure 3. Black Pearl 2025 Airborne Magnetic Survey Contours of Total Magnetic Field Intensity TMI (nT)

Recommendations and Next Steps

The Company's technical team is initiating a systematic exploration program including digitization and spatial verification of historical 2004–2005 geological and geochemical datasets to improve confidence in target definition to supplement its 2025 aeromagnetic survey of the claim area. Property-scale geophysical surveys such as magnetics and induced polarization complimented by surface mapping and rock and soil sampling programs would further delineate structural breaks, map subtle alteration domains, and strengthen subsurface vectoring towards a potential porphyry target.

Qualified Person’s Statement

The technical content of this news release has been reviewed and approved by Marilyne Lacasse, P.Geo., a consultant for the Company and a Qualified Person as defined by National Instrument 43-101.

About Hi-View Resources Inc.

Hi-View Resources Inc., a publicly listed mineral exploration company on the Canadian Securities Exchange, is advancing a portfolio of gold, silver, and copper assets in the Toodoggone region of northern British Columbia. The Company’s 100% owned and optioned projects cover more than 27,791 hectares and include the flagship Golden Stranger Project, the Lawyers claims, and the Borealis Project — all designated as high-priority targets. Additional assets in the portfolio include the Nub and Saunders properties, while the Northern Claims and Harmon Peak remain under active option agreements. The company also has an additional 1,300 hectares currently under mineral claim application. For more information, please visit Hi-View’s website or review the Company’s filings on SEDAR+ (www.sedarplus.ca).

On Behalf of the Board of Directors,

“R. Nick Horsley”

R. Nick Horsley, CEO

For further information, please contact:

Hi-View Resources Inc.

R. Nick Horsley – CEO

Email: info@hiviewresources.com

Telephone: (604) 343-4337

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 Incentive Program and the anticipated use of proceed therefrom. 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.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.

WE SEEK SAFE HARBOUR

1 Sun Summit Minerals Crop. JD Project Overview and Exploration Results. Retrieved from: https://sunsummitminerals.com/projects/jd/

2 Evergold Corp. Golden Lion Yields Highest Grades Yet Seen on the Property. Retrieved from: https://www.evergoldcorp.ca/news/evergolds-golden-lion-drilling-yields-the-highest-grades-yet-seen-on-the-property-multiple-high-grade-intercepts-including-28-m-of-104-gt-gold-651-gt-silver-11-zinc-4-lead-within-113-m-of-54-gt-gold-62-gt-silver-3-zinc-1-/

3 BC MINFILE 094E 199. British Columbia Geological Survey, Provincial Mineral Inventory Database.

4 BC MINFILE 094E 053. British Columbia Geological Survey, Provincial Mineral Inventory Database.

5 

6 BC MINFILE 094E 053. British Columbia Geological Survey, Provincial Mineral Inventory Database.

7 BC MINFILE 094E 199. British Columbia Geological Survey, Provincial Mineral Inventory Database.

8 BC MINFILE 094E 198. British Columbia Geological Survey, Provincial Mineral Inventory Database.

9 BC MINFILE 094E 290. British Columbia Geological Survey, Provincial Mineral Inventory Database.

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