Bold Ventures Highlights Burchell Gold Copper Project News

The most recent news release from October 20, 2025, highlights ongoing exploration activities at the Burchell Gold and Copper Property and provides a corporate update. Specifically, Bold Ventures Inc. is engaged in an ongoing channel sampling program at Burchell, where a 2.9 km gold trend has been identified. Approximately 300 channel samples have been collected from eight stripped areas along the 111 Gold Trend. The company is anticipating results from this program and preparing for a future drill program. Additionally, Bold Ventures has acquired eight new claims adjacent to its Joutel Project in Quebec, which cover an additional VTEM anomaly.

This news is a routine positive update. It demonstrates continued operational activity and methodical progression at two of Bold Ventures' key projects, Burchell and Joutel.

In the context of historical news: * Burchell Project: The news reflects the ongoing advancement of the 111 Zone at Burchell, following the initial high-grade gold discovery (up to 68 g/t Au in grab samples, announced December 2024 and January 2025) and subsequent receipt of drilling permits (August 2025). The current channel sampling and preparation for drilling align directly with the previously communicated strategy to delineate and test the discovery. The identification of a 2.9 km gold trend underscores the potential scale of mineralization, consistent with earlier soil sampling results (August 2025) which showed widespread gold and base metal anomalies. The anticipation of channel sampling results is a clear short-term catalyst, and the preparation for drilling is a critical next step that was expected. * Joutel Project: The acquisition of eight new claims builds upon previous strategic staking at Joutel (announced November 2024 and February 2025). This low-cost expansion is a routine but positive move to cover untested geophysical anomalies, maintaining the long-term exploration potential of the Quebec asset. * Overall Financial Context: Crucially, this news follows the successful and fully subscribed private placement of approximately $1.06 million in June 2025, which significantly improved the company's financial position (evidenced by positive working capital in the July 31, 2025 financials). This capital infusion enables the ongoing exploration activities at Burchell and Joutel, which were previously constrained by limited funds, as seen in the repeated deferrals of option agreement payments for Farwell and Burchell. * Comparison to Prior Material News: This update is less impactful than the new style of high-grade Au-Ag-Cu mineralization discovery at the Wilcorp Property (announced October 6, 2025), which was a significant, material positive development opening a new, highly prospective polymetallic target. The Burchell update, while positive, is a continuation of an existing development path rather than a new discovery of similar magnitude to Wilcorp.

Therefore, the most recent news confirms that the company is actively deploying its recently secured capital to advance its promising projects, particularly Burchell. While positive, it is a routine step in the exploration cycle and aligns with prior expectations, rather than exceeding them in a material, game-changing way.

Bold Ventures Inc. (BOL) is a Canadian junior mineral exploration company focused on a diversified portfolio of "Battery, Critical and Precious Metals" projects. The company's strategy is to identify and explore properties with high potential to meet future demand for these commodities. Its project portfolio spans across Ontario and Quebec, Canada.

Flagship Project (Current Focus): Burchell Gold and Copper Property (Ontario) * Location: Shebandowan Greenstone Belt, approximately 100 km west of Thunder Bay, Ontario. * Development: The Burchell project has recently gained prominence with the discovery of the "111 Zone." * Discovery: In late 2024 and early 2025, grab samples from the 111 Zone yielded exceptional high-grade gold assays, up to 68 g/t Au (2.2 oz/t Au). This zone is described as a 3m+ wide gold-bearing structure within silicified, sheared mafic volcanics, associated with a significant 10.4 km magnetic low. * Exploration Progress: Subsequent MMI soil surveys and B-horizon soil sampling have confirmed widespread gold and base metal anomalies (copper, zinc, lead) often associated with geological contacts, extending the prospectivity across a 2.9 km trend. * Current Status: The company has secured exploration permits for line cutting, mechanical stripping, geophysical surveys, and diamond drilling. Mechanical stripping and channel sampling are currently underway at the 111 Zone and other target areas, with results anticipated and preparations for a drill program in progress. * Context: The property is contiguous to Goldshore Resources Inc.'s Moss Gold Project, which hosts substantial indicated and inferred gold resources, providing a positive regional geological context.

Other Key Projects: * Wilcorp Gold Property (Ontario): Located near Atikokan, Ontario. Recent activities (September 2025) led to the discovery of a new style of high-grade Au-Ag-Cu mineralization, with grab samples assaying 4.3 g/t Au, 277 g/t Ag (8.9 oz/t), and 1.8% Cu. This significantly enhances the project's potential beyond its previously known orogenic gold mineralization. * Koper Lake Project (Ring of Fire, Ontario): A long-term strategic asset where Bold holds a 10% carried interest (to production) in the Black Horse chromite deposit (85.9 Mt @ 34.5% Cr2O3 inferred resource, operated by Canada Chrome Corp.). Bold also holds a 40% working interest in all other metals within the claims and a right of first refusal on a 1% NSR. Development is contingent on regional infrastructure and partner activities in the emerging critical minerals district.