Bold Ventures Stakes Claims Near Joutel, Québec and Completes Second Phase of Fall Exploration at the Company's Properties in Northwestern Ontario
Bold Ventures Stakes Claims Near Joutel,
Québec and Completes Second Phase of Fall
Exploration at the Company's Properties in
Northwestern Ontario
Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - Bold Ventures Inc. (TSXV: BOL) (the
"
Company
" or "
Bold
") announces that it has staked 26 claims near Joutel, Québec (with 4 claims
pending), approximately 140 km northwest of the city of Val d'Or, Québec. The claims are situated in the
vicinity of Bold's former Joutel property, over which Bold flew an airborne VTEM survey in 2012. The new
claims cover geophysical anomalies from the 2012 survey. Historical diamond drilling in this area has
identified anomalous nickel, silver, copper, zinc and gold associated with geophysical anomalies.
Click
here for more details about the property
.
Additionally, senior management of Bold and prospectors from Emerald Geological Services ("EGS")
have completed a second phase of fall fieldwork in the Atikokan, Ontario area, including prospecting,
soil sampling, and lake sediment sampling. Work was carried out on the Wilcorp, Burchell, and Traxxin
properties during the first half of November. A week-long first phase of fieldwork in September of this
year resulted in assays up to 16.3 g/t Au at Bold's Wilcorp property (
Oct. 31st news release
). The
purpose of the recent program was to define 2025 trenching and drilling targets in historical areas of
interest, based on rock assays, soil geochemistry, and geological data.
Areas of interest include the historical Eagle Prospect on the Wilcorp Property, the Traxxin Main Zone on
the Traxxin Property, and northeast-trending gold-bearing structural corridors on the Burchell Lake
Property
.
See Bold's corporate presentation
for details about these high potential gold and copper-
gold projects.
Adjacent to the Burchell Lake Property lies Goldshore Resources Inc.'s (GSHR) Moss Gold Project,
which hosts the Moss Gold deposit. Goldshore recently raised $13.9 million (
Oct. 29th GSHR News
Release
) which will be used in part to carry out exploration along mineralized trends west of the Burchell
Lake property and striking onto the Burchell Lake Property (
Oct. 10th GSHR News Release
).
As a final point of interest, the President and Vice President, Exploration of Bold, Bruce MacLachlan and
Coleman Robertson, will be attending two conferences in the second half of November: Québec Mines +
Énergie in Québec City from Nov 18
th
to Nov 21
st
, and the 2024 Yellowknife Geoscience Forum from
November 25
th
to 28
th
.
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
.
The technical information in this news release was reviewed and approved by Coleman Robertson,
B.Sc., P. Geo., Vice President, Exploration of Bold and a qualified person (QP) for the purposes of NI
43-101.
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
Direct line: (705) 266-0847
Email:
"David B Graham"
David Graham
CEO
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/230372