Bold Ventures Provides Update on Burchell Drilling Progress and Announces PDAC Participation at Booth #2610
Bold Ventures Provides Update on Burchell
Drilling Progress and Announces PDAC
Participation at Booth #2610
Toronto, Ontario--(Newsfile Corp. - February 28, 2026) - Bold Ventures Inc. (TSXV: BOL) (the
"
Company
" or "
Bold
") is pleased to provide an update on diamond drilling progress at its Burchell
Base and Precious Metals Project, located 100 km west of Thunder Bay, Ontario. 4 holes totaling 669
meters have now been completed in the vicinity of the 111 Zone, where channel sampling results from
last Fall were reported last December (see Bold
news release dated December 2nd, 2025
), and where
one grab sample from December 2024 returned 68 g/t Au (see Bold
news release dated January 9th,
2025
). 663 samples of drill core have now been submitted to the laboratory and results are pending.
While awaiting results from this first phase of drilling, the drill has been moved to Bold's Wilcorp property
located approximately 13 km east of Atikokan, Ontario, and drilling has commenced there.
Bold's CEO David Graham, President and COO Bruce MacLachlan, and VP Exploration Coleman
Robertson will be meeting with investors at booth #2610 at the Prospectors and Developers Association
of Canada (PDAC) Mineral Exploration and Mining Convention in Toronto from March 1
st
to 4
th
, 2026.
Coleman Robertson will be presenting at the PDAC Spotlight with a talk titled "From Burchell to the Ring
of Fire," at 11:10 a.m. on Monday March 2
nd
in the Northern Lights Learning Hub, Level 300, Hall A of
the North Building of the Metro Toronto Convention Centre. During PDAC Bruce MacLachlan will also be
interviewed by the Northern Miner on March 1
st
, and by CEO.CA on Monday March 2
nd
.
In continuing to build Bold's name recognition and corporate message via video and digital media
platforms, the Company will pay fees of $4,520 to the Northern Miner Group and $4,350 to CEO.CA for
the interviews which will conclude at the end of the conference and will remain available for viewing at
Bold's website,
www.boldventuresinc.com
. The Northern Miner draws on 110 years of experience as the
leading mining industry journal in Canada to cover the top developments and newsmakers around the
globe. CEO.CA is a community for investors & traders in junior resource & venture stocks and is one of
the most popular free financial websites and apps in Canada and for small-cap investors globally -- with
industry leading audience engagement and mobile functionality.
The Company has registered for the Resourcing Tomorrow 2026 convention to be held from Dec. 1-3
2026 at the Business Design Centre in London, UK. To optimize that event and to build Bold's name
recognition and brand in the United Kingdom, Bold has signed a 12-month contract with
The Armchair
Trader
(Armchair Trader Limited) based in the United Kingdom. The contract begins immediately and
provides promotional services to Bold Ventures for a fee of $10,000.
The Northern Miner Group, CEO.CA and Armchair Trader Limited are all arm's length to the Company
and do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent
to acquire such an interest.
Ring of Fire News
In other news, the Marten Falls Community Access Road project has moved to the public review stage.
The road, which will provide year-round access to the community, is proposed to connect to a forestry
road north of Aroland First Nation. The road is part of a broader plan to connect the Ring of Fire to
Ontario's highway network, which also includes the Northern Road Link and Webequie Supply Road
projects. See links below:
Marten Falls road project moves to public review stage - Northern Ontario Business
Ontario First Nations complete fast-tracked assessments for Ring of Fire road | Globalnews.ca
The proposed Eagle's Nest mine in the Ring of Fire has also cleared another regulatory hurdle. The
Federal government has decided not to designate the mine for impact assessment. See link below:
https://globalnews.ca/news/11688531/ring-of-fire-northern-ontario/
About Bold's Koper Lake Project in the Ring of Fire
The
Koper Lake
Project is a joint venture between Bold Ventures Inc. and Canada Chrome Corporation
Inc. (CCC – formerly KWG Resources Inc.)
where CCC is the Operator of the exploration effort.
Bold holds a 10% carried interest (through to production) in the Black Horse Chromite deposit on the
Koper Lake Project which hosts an NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr
2
O
3
at a
cut-off of 20% Cr
2
O
3
(KWG Resources Inc., NI 43-101 Technical Report, Aubut 2015). Bold also holds a
40% working interest in all other metals found within the Koper Lake claims and has a Right of First
Refusal on a 1% NSR covering all metals found within the claim group.
The Black Horse is contiguous with the Blackbird Chromite deposits owned by Ring of Fire Metals
(formerly Noront Resources Inc.). The
Koper Lake
claims are located approximately 300 m from the
Eagle's Nest Ni-Cu Massive Sulphide Deposit that is in the permit acquisition stage.
Chromite, nickel and copper are critical minerals that will play an important role in the electrification
plans of Ontario and North America. The Company is encouraged by these ongoing developments in
this emerging critical mineral mining camp.
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 website
here
.
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:
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/285792