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Bold Ventures Signs Agreement to Acquire 6 Key Claims Contiguous to its Joutel Property, Quebec

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Bold Ventures Signs Agreement to Acquire 6 Key Claims Contiguous to its Joutel Property, Quebec

Executive Summary

Bold Ventures Inc. has executed a strategic land consolidation at its Joutel Property in Quebec through the acquisition of six contiguous mining claims from 2099840 Ontario Inc. operating as Emerald Geological Services. The transaction, valued at 750,000 common shares, represents a related-party acquisition as EGS is controlled by Bold's President and COO Bruce MacLachlan and VP Exploration Coleman Robertson.

The acquired claims are strategically positioned over versatile time-domain electromagnetic (VTEM) geophysical anomalies identified during Bold's 2012 survey, which the company had previously allowed to lapse in 2014. The most significant anomaly, designated area 3B, is associated with compelling historical drill intercepts including 1.27% nickel over 2.3 metres within a broader 0.83% nickel over 3.7 metres intersection, as well as 0.51 g/t gold over 3.05 metres. Additional anomalous copper and zinc values have also been recorded in the historical drilling database.

The acquisition transforms the Joutel Property into a consolidated 58-claim land package covering 3,217 hectares, positioning Bold to systematically explore multiple geophysical anomalies across a unified tenure. The property's location 140 kilometres northwest of Val d'Or places it within an established mining district that includes the past-producing Joutel gold mine, Poirier base metal mine, Joutel copper deposit, and Explo-Zinc base metal deposit, all within 11 kilometres of the northern property boundary.

Bold's management has outlined plans for a ground geophysical survey during the upcoming winter season to better define the electromagnetic anomalies ahead of a potential drilling program. This systematic approach aligns with the company's broader strategy of advancing battery, critical, and precious metals exploration projects across multiple commodities including copper, nickel, zinc, gold, silver, platinum, palladium, and chromium. The transaction awaits TSX Venture Exchange approval and represents a significant step forward in advancing what management believes will become high-priority drill targets within Quebec's established multi-metals exploration corridor.
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