Bold Ventures Announces Partial Results of First Phase of Drilling at Burchell

Bold Ventures Inc. has announced the initial drill results from its maiden drilling program at the 111 Zone of the Burchell Project in Ontario, marking a significant milestone for the previously unexplored mineralized system. The company completed four holes totaling 669 meters during the winter program, with results from the first two holes confirming the presence of a robust gold and base metal system beneath surface workings.

Hole BL-26-01, drilled directly beneath Stripped Area 1, delivered the most encouraging results with 0.42 g/t gold over 19.0 meters, including a higher-grade section of 1.1 g/t gold over 5.0 meters and a peak interval of 2.7 g/t gold over 1.0 meter. The drilling revealed distinct mineralization zonation from southeast to northwest, with zinc transitioning to copper and then gold zones. The gold mineralization overlapped with anomalous copper grades of 0.18% over 9.0 meters and zinc values of 0.33% over 19.0 meters. A second hole 50 meters along strike intersected two separate anomalous gold zones and confirmed the continuity of the base metal system.

These results validate previous surface work that identified a 29-meter anomalous gold-copper-zinc zone and a standout grab sample grading 68 g/t gold in 2024. The drilling has traced the quartz feldspar porphyry marker unit along a magnetic low for at least 3 kilometers, suggesting significant exploration potential along the trend. Management emphasizes that this represents the first drilling ever conducted in the 111 Zone, opening up a previously unexplored mineralized system for systematic development.

The company has already commenced a second phase of drilling in the northwest corner of the property targeting the Moss Trend, where soil sampling returned anomalous gold, molybdenum, and copper values. Additionally, Bold expanded its Traxxin Property by staking 279 new claims along the prospective Quetico fault corridor, bringing the total property size to 100 square kilometers. With the Ontario government's commitment to complete Ring of Fire road infrastructure by 2031, Bold's 10% carried interest in the Black Horse chromite deposit positions the company well within the emerging critical minerals district.