Drill Results

Bold Ventures Announces Wilcorp Drill Results, Highlights Ring of Fire Developments

Wilcorp confirms two modest gold zones but lacks scale, grade and continuity.

By The Northwire Desk — AI Analysis Sep 08, 2026 · 08:01 BOL · 0.075 Bold Ventures Inc.

Executive Summary

Bold Ventures reported final results from 7 diamond drill holes totaling 807 m at the Wilcorp Property, near Atikokan, Ontario.
The program tested the Eagle Prospect in the northwest and a southern IP trend/new showing.
Best intercept: WC-26-03 returned 2.28 m at 3.96 g/t Au from 79.4 m, including 0.69 m at 11.4 g/t Au, plus 1.0 m at 1.64 g/t Au from 85.0 m.
WC-26-04 returned 2.15 m at 1.7 g/t Au from 25.0 m and 1.0 m at 1.53 g/t Au from 34.0 m.
WC-26-07 returned 1.0 m at 1.06 g/t Au from 19.0 m.
Southern IP/new showing holes WC-26-01 and WC-26-02 intersected no significant Cu-Ag-Au mineralization; WC-26-01 reported only 9.0 m at 0.04% Ni and 0.04% Cr from 19.0 m.
WC-26-05 and WC-26-06 returned no significant gold.
The release also highlights Ring of Fire road construction milestones but reports no change to Bold's Koper Lake/Black Horse ownership terms.

Material Impact

This release does not change the resource, deposit thesis, or company value in a material way.
Bold Ventures is a micro-cap grassroots explorer with no revenue, and its equity value is a portfolio of early-stage targets. At roughly C$7-8 million market cap, a 2.28 m at 3.96 g/t gold intercept is not a re-rating event.
The stock has been flat around C$0.07 for months. The prior Traxxin high-grade hole briefly moved the stock in June 2026, but that gain faded. This Wilcorp result is a separate, lower-grade target and does not establish a comparable speculative anchor.
The release confirms gold exists beneath the Eagle trenches, but there is no demonstration of scale, continuity, true width, or economic grade.
Ring of Fire road news is positive for regional infrastructure but was already known from late August announcements and does not alter Bold's carried interest terms today.

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Company Overview

Bold Ventures Inc. is a Canadian junior mineral explorer listed on the TSX Venture Exchange under BOL and on the OTCQB under BVLDF.
The portfolio spans Ontario and Quebec: Burchell, Traxxin, Wilcorp, Springpole East, Farwell, Koper Lake, and Joutel.
The most advanced interest is a 10% carried interest in the Black Horse Chromite inferred resource at Koper Lake, Ring of Fire: 85.9 Mt at 34.5% Cr2O3 at a 20% cutoff. Bold also holds a 40% working interest in other metals on the Koper Lake claims and a right of first refusal on a 1% NSR.
The investor presentation lists Farwell resources, but no economic study, mine plan, or reserve-level NPV is provided.
Financial position: no revenue, exploration-stage, relying on serial small private placements. As of Q1 FY2026, working capital was reported at C$646,257, improved from a prior deficiency. The company recorded impairment charges of C$680,128 in FY2025 on certain Ring of Fire and Northwestern Ontario properties.

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