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Bold Ventures Closes Acquisition of 6 Key Claims Contiguous to its Joutel Property, Quebec and Completes IP Survey

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Bold Ventures Closes Acquisition of 6 Key Claims Contiguous to its Joutel Property, Quebec and Completes IP Survey

Executive Summary

Bold Ventures Inc. has successfully closed its acquisition of six strategic mining claims adjacent to its Joutel Property in Quebec, located 140 km northwest of Val d'Or. The transaction, completed through the issuance of 750,000 common shares to Emerald Geological Services, expands Bold's land position to cover versatile time-domain electromagnetic (VTEM) geophysical anomalies identified in a 2012 survey. The acquired claims are particularly significant as they contain historical drill intersections showing promising mineralization, including 1.27% nickel over 2.3 metres and gold values of 0.51 g/t over 3.05 metres.

Concurrent with the acquisition, Bold completed a comprehensive Induced Polarization survey from April to May 2026, covering 8 north-south lines totaling 19.5 kilometers across the newly acquired claims and existing property holdings. The survey targeted VTEM anomalies known to be spatially associated with anomalous nickel, gold, and silver mineralization in historical drill holes. The technical work employed 2D Alpha IP Resistivity & Chargeability data acquisition using a dipole-pole-dipole configuration, with final interpretations and 3D modeling currently pending.

The expanded Joutel property now encompasses 58 claims covering 3,217 hectares in the Poirier and Dalet Townships, positioning Bold Ventures to advance exploration of this multi-metal target. The property's proximity to the historical mining town of Joutel and its demonstrated mineralization potential align with Bold's strategic focus on battery metals, critical minerals, and precious metals exploration. This acquisition represents a cost-effective expansion of Bold's exploration footprint in an established mining district, providing additional drilling targets and geological continuity for future exploration programs.

The transaction underscores Bold Ventures' commitment to building a diversified portfolio of exploration assets targeting copper, nickel, lead, zinc, gold, silver, platinum, palladium, and chromium. With the completion of this acquisition and the IP survey, Bold is well-positioned to advance the Joutel project through the next phase of exploration, potentially including follow-up drilling programs to test the identified geophysical targets and expand upon the historical mineralization intersections.
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