Bold Ventures Announces Results of Fall Sampling Program at Burchell
Bold Ventures Announces Results of Fall
Sampling Program at Burchell
Toronto, Ontario--(Newsfile Corp. - December 2, 2025) - Bold Ventures Inc. (TSXV: BOL) (the
"
Company
" or "
Bold
") is pleased to announce the results of its Fall mechanical stripping and channel
sampling program on its Burchell Copper-Gold Property (the "
Property
"), located within the
Shebandowan Greenstone Belt approximately 100 km west of Thunder Bay, Ontario. Eight areas were
stripped by excavator in the vicinity of the 111 Gold Zone, including the 111 Zone itself, and more than
400 channel samples and 80 grab samples were collected during the program. All gold results and most
trace element results have now been received from the laboratory.
Highlights from the program include:
Identification of a 14-meter-wide maximum envelope of discontinuous gold mineralization
at the 111 Zone (Stripped Area 1, see
Figure 1
and
Figure 2
) with one channel sample
returning 2.1 g/t Au over 1.0 meters and one grab sample returning 8.0 g/t Au in outcrop.
An additional sample of subcrop earlier in the season also returned 32.4 g/t Au in the area
where grab samples had previously returned 56.9 and 68 g/t Au.
The northernmost channel sample and grab sample at Stripped Area 1 (~17 m across
strike from the main gold zone) were anomalous in gold (0.32 g/t Au over 1.0m channel
and 0.44 g/t Au grab sample), indicating a possible subparallel gold zone and the need to
expand the stripping to the north.
Widespread zinc and gold anomalies, with local copper and lead anomalies, at multiple
stripped areas including the 111 Zone. Apparent zonation from south to north at the 111
Zone from dominantly zinc to copper to gold across a total discontinuous mineralized
width of 29 meters in the central part of the zone. Stripped Area 4 approximately 500
meters west of the 111 Zone returned 0.13 g/t Au and 0.7% Zn over 4.3 meters including
0.30 g/t Au and 3.1% Zn over 0.8 meters.
An increased understanding of geological controls on gold mineralization: gold
anomalies tend to occur within shear zones proximal to contacts between quartz
feldspar porphyry (QFP) sills and the host metavolcanic rocks, often within the contact
zone between silicified mafic/intermediate rocks and quartz sericite schist (possible felsic
volcanic rocks). Earlier in the summer outcrops of QFP were identified at several
locations along a 3 km trend which stretches from northeast of the 111 Zone towards the
southwestern corner of the property along a magnetic low corridor. These QFP outcrops
are associated with anomalous gold as previously reported (
September 11, 2025 news
release
).
Identification of three areas where additional mechanical stripping is warranted in advance of drilling:
Stripped Areas 1, 6 1nd 7, see
Figure 1
.
Significant results from each stripped area are presented below. The results are summarized in
Figure 1
and
Figure 2
displays a detailed map of channel sampling results at Stripped Area 1 (the 111 Zone).
Table 1
gives the UTM coordinates, lengths, orientations and grades of channel samples at the 111
Zone and select channel samples at other stripped areas. Channel sample widths reported are apparent
widths.
Table 2
gives relevant information on select grab samples collected at the stripped areas.
Stripped Area 1:
Target:
the 111 Zone, 68 g/t Au grab sample.
Results:
Identification of an envelope of discontinuous anomalous gold mineralization with maximum
width of
14 meters
. Channel samples include 2.1 g/t Au over 1.0 m, 1.4 g/t Au over 1.0 m, 1.7 g/t Au
over 0.55 m, and 2.1 g/t Au over 0.5 m (previously reported on
September 11, 2025
). Higher-grade
values tend to occur on either side of a 2-meter wide QFP sill which is strongly fractured and outcrops
poorly. The host rocks appear to be silicified mafic to intermediate metavolcanic rocks, transitioning to
more intermediate to the northwest. One grab sample of exposed outcrop returned 8.0 g/t Au with others
returning 2.0 g/t Au and 1.0 g/t Au. Earlier in the season an additional high-grade result of 32.4 g/t Au,
previously unreported, was obtained from a slab of subcrop near to where the 68 g/t Au sample had
been discovered (see
January 9, 2025 news release
). The northern-most channel sample in the stripped
area (~17 m across strike from the main gold zone) returned 0.32 g/t Au over 1.0 m, and a grab sample
returned 0.44 g/t Au, suggestive of a parallel zone to the north which should be stripped back further.
Multiple samples of anomalous zinc mineralization were also obtained, generally marginal to or outside
of the envelope of anomalous gold mineralization. Intervals include 0.87% Zn over 0.55 m and 0.34% Zn
over 2.25 m. Local copper anomalies were also obtained, with a maximum of 0.34% Cu over 0.85 m
and a broader interval of 0.15% Cu over 5.9 m. There appears to be zonation from south to north from
dominantly zinc to copper to gold across an overall discontinuous mineralized width of approximately
29
meters
in the central part of the zone.
Stripped Area 2:
Target:
Grab sample of 5 cm quartz vein which returned values of 300 g/t Ag, 0.93 g/t Au, 0.54% Pb and
0.19% Zn.
Results:
No significant channel sampling results were obtained. An additional grab sample of the
veining earlier in the season returned a previously unreported value of 125 g/t Ag with 0.43 g/t Au and
0.18% Pb.
Stripped Area 3:
Target:
70 ppb Au soil sample.
Results:
A zone of altered volcanic rocks intruded by three subparallel porphyry sills was uncovered.
One interval returned 0.56 g/t Au, 0.55% Zn and 0.23% Pb over 1.3 meters, including 0.91 g/t Au, 0.78%
Zn and 0.33% Pb over 0.73 meters, within the volcanic rocks. An additional interval within the volcanic
rocks returned 0.11 g/t Au over 1.8 meters, and an interval within one of the QFP sills returned 0.16 g/t
Au over 1.0 meters.
Stripped Area 4:
Target
: 0.21 g/t Au grab sample.
Results
: A zone of altered volcanic rocks and quartz sericite schist intruded by a QFP sill was
uncovered, similar in appearance to the 111 Zone. One channel sample near the porphyry returned 0.20
g/ Au over 0.8 m. However, approximately 30 m further to the southeast, altered volcanic rocks returned
0.13 g/t Au and 0.7% Zn over 4.3 meters including 0.30 g/t Au and 3.1% Zn over 0.8 meters. Trace
element results are pending for about half of the channel samples at this stripped area.
Stripped Area 5:
Target:
Grab sample of quartz sericite schist which returned 0.21 g/t Au with 1.34% Zn and 0.36% Pb.
Results:
A zone of altered mafic to intermediate volcanic rocks and quartz sericite schist was
uncovered. One grab sample of a 1-2 cm veinlet of massive pyrite returned 2.9 g/t Au. One channel
sample returned 0.12 g/t Au over 0.95 meters. Several samples returned anomalous zinc and lead
results, with intervals including: 0.28% Zn & 0.11% Pb over 1.1 m; 0.97% Zn & 0.06% Pb over 1.0 m;
and 0.19% Zn & 0.11% Pb over 2.45 m.
Stripped Area 6:
Target:
301 ppb Au soil anomaly.
Results:
A sheared intermediate intrusive / porphyry unit was uncovered, at least 5 meters in width. One
sample of quartz flooded material with 1-2% pyrite along a narrow shear returned 0.12 g/t Au. In light of
knowledge gained at the 111 Zone, the margins of the intrusive unit should be stripped back further up
the hill to the southeast to determine if there is a gold zone on the flank of the intrusive, which may be
responsible for the soil anomaly.
Stripped Area 7:
Target
: 647 ppb Au soil anomaly.
Results
: A zone of strongly sheared mafic / intermediate fragmental rocks was uncovered, intruded by a
<1 m folded intermediate intrusive dike with sparse potassic stringers containing minor chalcopyrite. No
significant channel sample results were obtained. However, following the channel sampling program,
subcrop of QFP was discovered approximately 10-15 meters across strike to the southeast and slightly
uphill from the stripped area. This area should be further stripped to expose any potential gold zone
flanking the porphyry unit, which may be responsible for the gold anomaly. Trace element results are
pending from the channel sampling.
Stripped Area 8:
Target
: Grab sample of quartz sericite schist which returned 0.41 g/t Au and 1.5% Cu.
Results
: A zone of sheared quartz sericite schist was uncovered. A channel sample of the original
showing returned 0.5 g/t Au over 0.1 m, but otherwise there were no significant channel sample gold
results. Trace element results are pending.
Bruce MacLachlan, president and COO of Bold Ventures, said of the results: "The mechanical stripping
and channel sampling program uncovered broad, widespread gold and base metal mineralization and
gave us a better understanding of the geological controls on mineralization. The program set us up for a
second phase of stripping before year-end followed by a first phase of drilling this winter. We are in the
early days of exploring a major, previously unexplored mineralizing system with no known drillholes that
appears to stretch at least 3 km on the property and may extend past the western boundary of the
property. We are excited to drill the first ever drillholes into this system and see what we come up with."
QAQC Protocols
Rock samples were collected, documented and photographed in the field, then placed in sealed bags
and delivered to Activation Laboratories (ActLabs) in Thunder Bay, which is an ISO / IEC 17025
accredited laboratory. Rock sample collection is subject to Bold's internal quality assurance / quality
control (QAQC) protocols, which include the insertion of blank material and certified reference material
into each batch of grab samples submitted, and at regular sampling intervals in the case of channel
samples. Sample duplicates were also collected of channel samples at regular intervals. Rock samples
referenced in this news release were analyzed using ActLabs methods 1A2-50, a 50g fire assay with
atomic absorption finish, and 1F2, a total digestion with ICP-OES finish for trace elements.
The technical information in this news release was reviewed and approved by Coleman Robertson,
B.Sc., P. Geo., the Company's V.P. of 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"
"David B Graham"
Bruce MacLachlan
David Graham
President and COO
CEO
Direct line: (705) 266-0847
Email:
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release.
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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.
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