Northwire Canada EditionMonday, November 2, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Neutral

Bold Ventures Identifies Widespread Rare Earth Element Anomalies at Burchell, Plans Next Phase of Exploration

Bold reports widespread low-grade rare earth element anomalies that expand the project footprint, though current grades remain sub-economic.

Executive Summary

Bold Ventures Inc. (BOL) reported follow-up prospecting results from the Hermia pluton at the Burchell Project, identifying widespread rare earth element (REE) anomalies in grab samples and the previously reported discovery drill hole BL-26-05A, which returned 1022 ppm TREO over 55.2 m.

The new grab samples returned TREO values exceeding 500 ppm, with a maximum of 3060 ppm (0.306% TREO), spread across a 2.2 to 3.2 km strike east of the discovery hole.

The company plans ground gravity surveying, airborne magnetic data reprocessing, and extending hole BL-26-05A, which ended in anomalous mineralization.

Material Impact

Bold Ventures Inc. (BOL) released follow-up data confirming surface anomalies of similar low grade to the rare earth element (REE) system previously disclosed in its June 3 discovery release. That initial announcement reported 1022 ppm TREO over 55.2 m, which triggered a temporary price increase to $0.09 before the stock faded back to $0.08. This latest update adds no new drill intercepts or grade improvements.

BOL · Price
Company Overview

Bold Ventures Inc. (BOL) is a Canadian junior mineral explorer managing a portfolio of early-stage gold, base metal, and rare earth element (REE) projects in Ontario and Quebec. The company also holds a 10% carried interest in the Black Horse chromite deposit within the Ring of Fire. Its key assets include the Burchell project, which targets gold, base metals, and REEs; the Traxxin gold project; the Wilcorp gold-copper-silver project; the grassroots Springpole East gold project; and the Koper Lake royalty interests.

The company has a market capitalization of CAD $8 million, with 103.3 million shares outstanding and a fully diluted share count of 137.6 million. Bold Ventures generates no revenue and reports net losses, funding its operations through frequent equity raises.

Read the original news release →

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