HI-VIEW IP SURVEY IDENTIFIES MULTIPLE POTENTIAL PORPHYRY TARGETS AT THE BLACK PEARL, TOODOGGONE REGION, BRITISH COLUMBIA

VANCOUVER, BRITISH COLUMBIA, Oct. 26, 2026 (GLOBE NEWSWIRE) -- HI-VIEW RESOURCES INC. (“Hi-View” or the “Company”) (CSE: GXLD; OTCQB: GXLDF; FSE: B630) announces preliminary results from its 2026 exploration program at the Black Pearl target, part of its 100%-owned property in the Toodoggone District of north-central British Columbia (the “Property”).
Preliminary results from the induced polarization (“IP”) survey, supported by geological mapping and field observations, have identified compelling exploration targets consistent with the potential for a concealed porphyry system at depth. Geological observations suggest a possible vertical transition from higher-elevation, shallower low- to intermediate-sulphidation (“LS–IS”) epithermal alteration and mineralization at the Har showing to deeper-level pyrite-rich stringers that cut an intermediate to felsic dyke recently discovered near the Gord Davies West showing in the valley bottom.

This interpreted geological transition, together with coincident chargeability, resistivity, and magnetic anomalies identified during the 2026 exploration program, provides a strong basis for further investigation of a potentially buried porphyry system.

Exploration targeting in this area was further supported by a large, high-priority copper-silver-gold target identified in spring 2026 through Windfall Geotek Inc.’s artificial intelligence (“AI”)-driven machine learning system.

IP Survey Highlights

• The company completed 16 line-km of IP at Black Pearl. The survey tested an abrupt high magnetic anomaly flanking an E-W trending magnetic destruction anomaly, on the south side of the cliff face at Black Pearl.

• Target 1: Preliminary IP results outline a high chargeability anomaly (>30 mV/V) 1,000 m long (E-W) and 800 m wide (N-S). The anomaly begins at 200 to 300 m depth, extends to at least 400 m depth, and remains open at depth and towards the south. A narrow, north-northwest trending resistivity high anomaly coincides with the chargeability and magnetic anomalies (Figure 1 & 2).

• Target 2: A secondary chargeability high (>40 mV/V) and associated north-northeast trending resistivity high anomaly target is emerging to the east-northeast. The target extends beyond the Property boundary into TDG GOLD CORP. and continues back into Hi-View Property where BR 574 and McClair showings occur.

• Program Completed: 16 line-km of IP, 428 soil samples, and field mapping and rock sampling. Soil and rock assay results are pending.

R Nick Horsley, Chief Executive Officer of Hi-View, commented: “I believe the Toodoggone District will one day be recognized as one of the richest mineral belts in North America, and Black Pearl is emerging as one of its best porphyry targets. Our first 16 line-kilometres of IP have outlined a chargeability anomaly 1,000 metres long and 800 metres wide that remains open at depth and to the south. An anomaly of this size and strike has the potential to host a world-class discovery. It aligns with the magnetic and resistivity data, as well as surface geology that transitions from epithermal veins into breccia-hosted sulphides, the classic vectors we look for above a buried porphyry. Assays from 428 soil samples and our rock samples are pending and will help finalize target prioritization.”

Figure 1. Black Pearl property with coinciding magnetic (2025 aeromagnetic survey), chargeability, and resistivity anomalies. IP line Section 1 shown in Figure 2 below. Samples A and B locations on map and described below.
Click here to view image

Figure 2. North-south IP line shows high chargeability anomaly associated to Target 1 at depth.
Click here to view image

Preliminary Mapping and Rock Sampling

At the Har showing, LS-IS epithermal-style calcite-barite-sulphide-bearing veins (Sample A; Figure 3) are predominantly shallowly south-dipping and subparallel to volcanic layering within porphyritic andesite of the Toodoggone Formation. Locally, steeply dipping to subvertical veins crosscut both the volcanic host rocks and intrusions of the Black Lake intrusive suite.

At lower elevations, the Gord Davies West showing is characterized by silicified breccia containing cubic galena and pyrite, with minor chalcopyrite. A few metres from the showing, a newly identified intermediate- to felsic-composition dyke is crosscut by sulphide-rich hydrothermal veins and exhibits mosaic brecciation (Sample B; Figure 3).

Sample A: A shallowly south-dipping barite-calcite ± sphalerite ± galena vein with pyrite-chalcopyrite in vein selvages. The vein cuts porphyritic andesite at higher elevations on the southern flank of the cliffs.

Sample B: K-feldspar-porphyritic intermediate to felsic dyke is strongly gossanous and silicified, with dark pyrite-rich alteration stringers locally producing a mosaic breccia. The dyke contains approximately 15% rounded, millimetre- to 0.5 cm-scale voids filled predominantly with barite and minor calcite. Barite appears to postdate the pyrite ± chalcopyrite stringers, locally infilling and crosscutting them. The pyrite ± chalcopyrite stringers define two principal orientations, E–W and N–S, and generally dip at moderate to steep angles.

Figure 3. Sample A: barite-sulphide vein collected at 1855 m.a.s.l from Har showing; and Sample B: intermediate-felsic dyke cut by hydrothermal and pyrite ± chalcopyrite rich stringers and breccia near Gord Davies West, collected at 1718 m.a.s.l.
Click here to view image

About Black Pearl

Black Pearl is a 973 ha block of four claims in the northern part of the Toodoggone belt. It lies north of Thesis Gold’s Lawyers-Ranch property, adjoins its Ranch and Ranch East porphyry targets, and is contiguous to the Porphyry Pearl project.

The Takla-Toodoggone contact crosses the claims as a faulted, west-northwest-trending break. A Black Lake suite hornblende syenite forms the western cliffs. Jurassic felsic to intermediate bodies cut Asitka limestone at Breccia-Claw. The 2025 airborne magnetic survey shows a west-northwest linear low along the faulted contact through the centre of the block, and a ring-shaped magnetic high anomaly in the south.

Known occurrences include the HAR vein corridor, the Gord Davies East and West showings, Breccia-Claw and BR057¹. Mineralization occupies several levels of an epithermal system. Gord Davies East carries vuggy quartz with sphalerite, galena, chalcopyrite and pyrite. HAR carries massive sulphide seams and brecciated quartz-sulphide veins. Breccia-Claw is a garnet-diopside skarn where the intrusions meet the limestone.

The style and distribution of mineralization has been interpreted as skarn and epithermal phases developed outward from a porphyry copper-gold centre concealed at depth.

Figure 4. Black Pearl property amongst other Hi-View properties in the Toodoggone metallogenic district.
Click here to view image

Qualified Person’s Statement

The technical content of this news release has been reviewed and approved by Nader Mostaghimi, M.Sc., P.Geo. (EGBC #53441), Vice President of Exploration for the Company and a Qualified Person as defined by National Instrument 43-101.

About Hi-View Resources Inc.

Hi-View Resources Inc. is a mineral exploration company listed on the Canadian Securities Exchange. The Company holds a 100% interest in more than 30,635 hectares in the Toodoggone region of northern British Columbia, with no further option payments outstanding on any property. The land package is prospective for gold, silver and copper. Borealis, Lawyers East and Black Pearl are the Company’s priority targets, each with existing anomalies. Additional properties include Golden Stranger, Saunders, Oxide Summit, Nub, Ursus, Garnet, Junkers and Harmon Peak. For more information, 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.hiviewgold.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 BC MINFILE 094E 053, 198, 199 and 290. British Columbia Geological Survey, Provincial Mineral Inventory Database.