Bold Ventures Reports Positive Results of MMI(TM) Soil Survey on Its Burchell Property
Bold Ventures Reports Positive Results of
MMI(TM) Soil Survey on Its Burchell Property
Toronto, Ontario--(Newsfile Corp. - July 21, 2025) - Bold Ventures Inc. (TSXV: BOL) (the "
Company
" or
"
Bold
") is pleased to report that the Company has received the results of a Mobile Metal Ion (MMI
TM
)
soil survey carried out in the northwest corner of its Burchell Gold and Copper Property during the first
phase of summer 2025 field work. The survey was designed to infill and extend soil lines from November
2024 (see
January 17, 2025 news release
), testing the strike extension of the Moss Trend on the
adjacent Moss Gold Property of Goldshore Resources Inc. (GSHR) to the west. The Moss Trend hosts
the Moss Gold Deposit with an Indicated resource of 1.23 Moz gold at 1.22 g/t and an Inferred resource
of 4.92 Moz gold at 1.09 g/t (see
GSHR website
), located within 5km of the west boundary of Bold's
property.
Response ratios (RRs) were calculated for each sample by element, according to
SGS guidelines
,
which state that '
response ratios in general need to be greater than 2-5 times background before being
considered "anomalous."
'
Notable results include several new gold (Au) +/- copper (Cu) +/-
molybdenum (Mo) anomalies in the northern half of the survey area (see
Figure 1
), with Au RRs up to 60
(values 60 times background gold concentrations); Cu RRs up to 136 (values 136 times background
copper concentrations), and Mo RRs up to 70 (values 70 times background molybdenum
concentrations). Copper and molybdenum are often pathfinders for gold mineralization in this region.
Best anomalies from the 2024 survey now have calculated RRs of up to 40 for Au, 59 for Cu, and 432 for
Mo. These polymetallic anomalies appear to form at least two northeast-southwest trends/regions within
prominent magnetic lows. The best 2025 gold RR of 65 occurs in the southern portion of the survey area
along an anomalous trend which follows the margin of an ENE-WSW magnetic low (see
Figure 1
).
Based on publicly available information, this area has never been drilled.
Historical diamond drilling by Newmont in the northern portion of the survey area has yielded gold
anomalies in a fence of holes in the area of the polymetallic soil anomalies (see
Figure 1
), as well as
towards the western boundary of the property where 0.9 g/t Au over 6.4m was intersected. The soil
anomalies will aid in targeting gold-bearing horizons more closely when diamond drilling.
82 samples were collected during the summer field program for a combined survey total of 156. The
combined survey has northwest-southeast lines spaced at 90 to 140 meters, 350 to 1400 meters in
length, with 50-meter sample station spacing, covering an 800-meter section of the Moss Trend (see
Figure 1
).
Meanwhile, the Company is awaiting final results from the first phase of summer field work in the vicinity
of the 111 Zone that is located within a parallel gold trend south of the Moss Gold Trend. The 111 Zone
returned gold values between 10 ppb and 68 g/t in grab samples last winter (see Bold's
December 12,
2024
and
January 9, 2025
news releases).
Bruce MacLachlan, the Company's President and Chief Operating Officer, said: "The highly anomalous
gold and polymetallic soil sampling results recently obtained along the Moss Gold Trend are extremely
encouraging and will help greatly in targeting gold-bearing horizons with diamond drilling. We are eager
to keep advancing the property not only along the Moss Trend, but at the 111 Zone and the Hermia Gold
and Copper Prospect.
Results in the past year demonstrate that this property is underexplored with high
potential for new gold and copper discoveries."
QAQC Protocols
MMI
TM
samples were collected according to SGS Laboratories methodology, and shipped to SGS
Laboratories in Burnaby, B.C., where they were analyzed according to SGS' MMI-M weak leach method,
yielding concentrations for 53 elements.
The technical information in this news release was reviewed and approved by Coleman Robertson,
B.Sc., P. Geo., the Company's V.P. Exploration and a qualified person (QP) for the purposes of NI 43-
101.
Bold Ventures management believes our suite of Battery, Critical and Precious Metals
exploration projects are an ideal combination of exploration potential meeting future demand
.
Our target commodities are comprised of: Copper (
Cu
), Nickel (
Ni
), Lead (
Pb
), Zinc (
Zn
), Gold (
Au
),
Silver (
Ag
), Platinum (
Pt
), Palladium (
Pd
) and Chromium (
Cr
). The Critical Metals list and a
description of the Provincial and Federal electrification plans are posted on the Bold
Critical and
Battery Minerals page
.
About Bold Ventures Inc.
The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring
properties located in active gold and battery metals camps in the Thunder Bay and Wawa
regions of Ontario. Bold also holds significant assets located within and around the emerging
multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of
Northern Ontario.
For additional information about Bold Ventures and our projects please visit
boldventuresinc.com
or
contact us at 416-864-1456 or email us at
.
"Bruce A MacLachlan"
Bruce MacLachlan
President and COO
"David B Graham"
David Graham
CEO
Direct line: (705) 266-0847
Email:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-
looking statements that involve risks and uncertainties, which may cause actual results to differ
materially from the statements made. When used in this document, the words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are
intended to identify forward-looking statements. Such statements reflect our current views with respect
to future events and are subject to such risks and uncertainties. Many factors could cause our actual
results to differ materially from the statements made, including those factors discussed in filings made
by us with the Canadian securities regulatory authorities. Should one or more of these risks and
uncertainties, such actual results of current exploration programs, the general risks associated with
the mining industry, the price of gold and other metals, currency and interest rate fluctuations,
increased competition and general economic and market factors, occur or should assumptions
underlying the forward looking statements prove incorrect, actual results may vary materially from
those described herein as intended, planned, anticipated, or expected. We do not intend and do not
assume any obligation to update these forward-looking statements, except as required by law.
Shareholders are cautioned not to put undue reliance on such forward-looking statements.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/259415