Hi-View Resources finishes option payments and gains full title to Toodoggone land

what happened

Canadian exploration firm Hi-View Resources has announced that its Toodoggone land package, covering more than 30,635 hectares, is now wholly owned by the company. According to Reuters, every final payment on the optioned properties has been made, leaving no balance due on any property in the package.

During its 2026 field program the company ran 63.78 line-km of induced polarization surveying, a 250 square-km MobileMT survey, collected 3,251 soil and 337 rock samples, and mapped roughly 12 square km across ten target zones. Borealis and Lawyers received the largest share of the work.

Samples were sent to ALS Global's accredited lab in Vancouver, which holds ISO/IEC 17025 accreditation. Assay results will be released once they are processed and verified. The final payment of $200,000 plus 434,783 common shares to the vendor was made on August 27, 2025.

why it matters

For investors, the key point is that the option obligations are gone, which cuts future cash outflows and makes financing easier to arrange. Attention now shifts to assay data that will help rank priority gold, silver and copper targets. The company is still at an early exploration stage, so the market impact is limited.

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