Bold Ventures Provides Update on Burchell Drilling Progress and Announces PDAC Participation at Booth #2610

Bold Ventures Inc. has completed the first phase of diamond drilling at its Burchell Base and Precious Metals Project, located 100 kilometers west of Thunder Bay, Ontario. The company finished 4 holes totaling 669 meters in the vicinity of the 111 Zone, where previous channel sampling and grab sample results showed promising gold values including one grab sample returning 68 g/t Au. A total of 663 drill core samples have been submitted to the laboratory with results pending.

While awaiting assay results, Bold has moved drilling operations to its Wilcorp property located approximately 13 kilometers east of Atikokan, Ontario, demonstrating efficient use of drilling resources across multiple properties. The company is actively building its market profile through participation in the PDAC 2026 convention, where executives will meet with investors at booth #2610 and VP Exploration Coleman Robertson will present on "From Burchell to the Ring of Fire."

Bold's strategic positioning in Ontario's emerging critical minerals sector is enhanced by positive regulatory developments in the Ring of Fire region. The proposed Eagle's Nest mine has cleared a significant regulatory hurdle with the federal government deciding not to designate it for impact assessment, while the Marten Falls Community Access Road project has advanced to public review stage. These infrastructure developments are crucial for Bold's 10% carried interest in the Black Horse Chromite deposit and its 40% working interest in other metals within the Koper Lake Project.

The company's diversified commodity focus aligns well with North America's electrification plans, targeting battery metals (copper, nickel, lead, zinc), precious metals (gold, silver, platinum, palladium), and critical minerals (chromium). Bold's strategic location within and around the Ring of Fire positions it to benefit from the region's development as a multi-metals mining district in the James Bay Lowlands of Northern Ontario.