Northwire Canada EditionMonday, August 24, 2026
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GOLD 4720.60 +0.8% SILVER 68.92 −0.9% COPPER 6.62 +0.5% OIL 85.34 −2.0% PALLADIUM 1371.75 +1.6% PE 0.250 +0.0% PER 0.140 +0.0% SVRS 0.550 +10.0% EML 0.220 −6.4% AVU 0.040 +0.0% LIB 0.760 +0.0% SHL 0.405 −2.4% RRI 0.390 +6.8% FFM 1.87 +0.0% TBK 0.370 +2.8% AHR 1.10 −1.8% VGD 0.140 +7.7% HART 0.245 +2.1% XGC 0.230 +0.0% FAS 0.095 +0.0% ONAU 0.700 +1.4% GOLD 4720.60 +0.8% SILVER 68.92 −0.9% COPPER 6.62 +0.5% OIL 85.34 −2.0% PALLADIUM 1371.75 +1.6% PE 0.250 +0.0% PER 0.140 +0.0% SVRS 0.550 +10.0% EML 0.220 −6.4% AVU 0.040 +0.0% LIB 0.760 +0.0% SHL 0.405 −2.4% RRI 0.390 +6.8% FFM 1.87 +0.0% TBK 0.370 +2.8% AHR 1.10 −1.8% VGD 0.140 +7.7% HART 0.245 +2.1% XGC 0.230 +0.0% FAS 0.095 +0.0% ONAU 0.700 +1.4%
Drill Results Routine −

Bold Ventures to Drill at Traxxin Gold Project

Bold’s Traxxin project recorded a bonanza vein intercept while a step-back hole to the west missed the target zone.

By The Northwire Desk — AI Analysis Aug 20, 2026 · 08:01 BOL · 0.065 Bold Ventures Inc.
Executive Summary

Bold Ventures Inc. (BOL) announced final results from the Spring 2026 Traxxin Gold Project program, which included two holes totaling 483 meters. Hole TX-26-01 returned 0.63 g/t Au over 1.0 m, and 0.60 g/t Au over 0.48 m, from shear-fracture zones in tonalite. This hole served as the step-back from 2021 hole BV-21-04, which had returned 3.6 g/t Au over 12.3 m.

Hole TX-26-02 had already been reported on 2026-06-25, showing 100.7 g/t Au over 2.95 m from 25.12 m, including 476 g/t Au over 0.60 m, with visible gold in a quartz vein. The release also repeated lower-grade TX-26-02 chlorite schist intervals and a weakly anomalous east-side shear-fracture zone. A follow-up drill program is planned for the high-grade vein and the east shear zone.

Material Impact

Bold Ventures Inc. (BOL) released results for the TX-26-01 drill hole, which was designed to step back from the BV-21-04 intersection. The hole returned only trivial gold, representing a modest negative outcome that does not constitute a new discovery or a material expansion of the Traxxin system.

This latest release recycles that previous bonanza intercept while adding a weak western step-back, without materially changing the investment thesis.

Bold Ventures Inc. remains a pre-resource explorer with no revenue, a market capitalization near CAD $8 million, and a declining share price that fell from CAD $0.14 earlier in 2026 to CAD $0.07.

BOL · Price
Company Overview

Bold Ventures Inc. (TSXV: BOL) is a junior explorer listed on the TSX Venture Exchange, targeting gold, base metals, and critical metals across projects in Ontario and Quebec. The company’s portfolio includes the Burchell, Traxxin, Wilcorp, Springpole East, Farwell, Koper Lake, and Joutel properties. At Koper Lake, Bold Ventures holds a 10% carried interest in the Black Horse chromite inferred resource, which totals 85.9 million tonnes at 34.5% Cr2O3.

Financial results for the first quarter of fiscal year 2026 show no revenue and a net loss of CAD $284,185, alongside impairments of CAD $680,128. The company continues to rely on periodic equity financings to support operations. Working capital improved to CAD $646,257 as of January 31, 2026, though the company remains dependent on future capital raises. While the investor presentation includes historical resource-style numbers for the Farwell area, no current economic study or mine plan is provided in these materials.

Read the original news release →

More from Bold Ventures Inc.

Jul 30, 2026 · 08:01

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

Drill Results Jul 23, 2026 · 08:01

Bold’s low-grade anchor point at Burchell failed to impact the market as Traxxin monitored prices at $0.08.

Drill Results Jun 25, 2026 · 08:02

Bold Ventures reported high-grade gold at Traxxin, though short intervals and dilution limit the potential upside of the discovery.

Drill Results Jun 18, 2026 · 08:01

Bold Ventures expands its Ring of Fire footprint with the Olcott option as provincial road construction begins.

Drill Results Jun 15, 2026 · 08:01

Bold advances Burchell REE and gold targets following dilutive capital raises during early-stage exploration.

Drill Results Jun 03, 2026 · 08:01

Bold identifies a rare earth target in an alkaline-carbonatite system at Burchell, shifting its focus from gold to critical minerals.

Drill Results