Bold Ventures begins diamond drilling at Burchell

Executive Summary

• Bold Ventures Inc. has commenced its maiden diamond drilling program at the Burchell Base and Precious Metals Project, located west of Thunder Bay, Ontario.
• The program is designed to exceed 1,000 metres of drilling, targeting the 111 zone (previously identified with anomalous gold and zinc-copper zones), the Moss trend in the northwest corner, and the Hermia Cu-Au prospect.
• The initiative aims to test underexplored gold and base metal trends, with historical sampling showing significant anomalies including a grab sample returning 68 g/t Au at the 111 zone.

Key Details

• Drilling Scope: The program is expected to exceed 1,000 metres of diamond drilling.
• Primary Target (111 Zone): Drilling will first test the 111 zone and nearby targets previously focused on by a mechanical stripping program last fall.
  • A 14-metre-wide discontinuous anomalous gold zone was identified at the 111 zone.
  • Adjacent to the gold zone is a 15-metre-wide discontinuous anomalous zinc-copper zone.
  • A previous grab sample at the 111 zone returned 68 grams per tonne (g/t) gold (Au).
• Secondary Targets:
  • Moss Trend: Located in the northwest corner of the property, where soil sampling in 2024-2025 yielded significant gold (Au), molybdenum (Mo), and copper (Cu) anomalies.
  • Hermia Prospect: Located in the western part of the property, where historical drilling intersected broad anomalous copper zones.
• Contractor: Drilling is being carried out by Rugged Aviation Inc., based in Murillo, Ontario.
• Company Focus: Bold Ventures explores for precious, battery, and critical metals, including copper, nickel, lead, zinc, gold, silver, platinum, palladium, and chromium.

Notable Quotes

• Bruce MacLachlan, president and chief operating officer of Bold: "We are beyond excited to get started on Bold's maiden drill program on the Burchell property, which will test major underexplored gold and base metal trends on which many targets, to the best of our knowledge, have never been drilled."