Mr. Bruce MacLachlan reports

BOLD VENTURES PROVIDES UPDATE AT BURCHELL GOLD COPPER PROJECT AND RING OF FIRE NEWS

Bold Ventures Inc. has provide an update of activities at its Burchell gold-copper project, 100 kilometres west of Thunder Bay, Ont., and Koper Lake in the Ring of Fire, Ontario.

Burchell gold-copper project

Mechanical stripping at the 111 gold zone and at seven additional target areas on the Burchell property has progressed and is expected to be completed in the next two to three days. Washing and sampling of the exposed locations have begun.

A ground very-low-frequency (VLF) electromagnetic survey has been completed in the Northwest claim area and across the area of the 111 zone. The data are currently being processed and interpreted. The aim of these two geophysical surveys is to aid in delineating drill targets for Bold's first phase of drilling in these prospective areas.

The Northwest claim area

This area represents the northeastern strike extension of the Moss trend on the adjacent Moss gold property of Gold X2 Mining (formerly Goldshore Resources). A 2024-2025 MMI (mobile metal ion) survey across this area identified clusters of gold, copper and molybdenum anomalies (see Bold's July 21, 2025, news release). Approximately 13 line kilometres of ground VLF geophysics were surveyed during the summer, which, in conjunction, with the soil anomalies will aid in generating drill targets. Data are currently being processed and interpreted.

The 111 zone

The 111 gold zone was identified late in 2024, with one December grab sample returning 68 grams per tonne gold (see Bold's Jan. 9, 2025, news release). Gold mineralization occurs within the sheared contact zone between felsic and mafic metavolcanics. Limited hand stripping and channel sampling during the summer identified an anomalous gold zone 4.5 to more than 6.5 metres wide, with one channel sample returning 2.1 g/t Au over 0.5 metre (see Bold's Sept. 11, 2025, news release). The zone has now been stripped by excavator and washed, with channel sampling to commence shortly. Seven additional target areas near the mafic-felsic contact zone, where gold anomalies have been identified in rock and soil samples, are in the process of being exposed by mechanical stripping, to be completed in two to three days.

Ring of Fire news

Bold Ventures' Koper Lake project is centrally located within the Ring of Fire discovery area. A recent article in Northern Ontario Business may be viewed on-line.

Bold management is pleased to see the engagement effort put forth by the provincial government led by Premier Doug Ford and Minister Greg Rickford. Bold chief executive officer David Graham commented: "Seeing Premier Ford and Minister Rickford personally involved is very encouraging. It signals the importance of this development that is situated in a very rich geological environment hosting critical minerals. Since our discoveries in 2007, while working with Noront Resources and my initial engagement with the local first nations, we have seen an ongoing effort by first nations leaders, government and industry to provide information surrounding the mining cycle, infrastructure development and environmental studies. Our hope is that the effort will result in multiple positive effects for the region, including: economic development, improved access, education and a higher standard of living. We believe this is possible while respecting the culture and values of the affected communities."

Koper Lake project in the Ring of Fire

The Black Horse is part of the Koper Lake project where KWG Resources Inc. is the operator of the chromite exploration effort.

Bold owns a 10-per-cent carried interest (through to production) in the Black Horse chromite National Instrument 43-101 inferred resource of 85.9 million tonnes grading 34.5 per cent Cr2O3 (chromium oxide) at a cut-off of 20 per cent Cr2O3 (KWG Resources, NI 43-101 technical report, Aubut, 2015). Bold also owns a 40-per-cent working interest in all other metals found within the Koper Lake claims and has a right of first refusal on a 1-per-cent NSR (net smelter return) royalty covering all metals found within the claim group.

The Black Horse is contiguous with the Blackbird chromite deposits owned by Ring of Fire Metals (formerly Noront Resources Inc.). The Koper Lake claims are located approximately 300 m from its Eagle's Nest nickel-copper massive sulphide deposit, which is in the permit acquisition stage. Chromite, nickel and copper are critical minerals that will play an important role in the electrification plans of Ontario and North America. The company is encouraged by these continuing developments in this emerging critical mineral mining camp.

The environmental assessment process for all-weather road access to the Ring of Fire is being developed as three proposed road projects: the Northern road link, the Marten Falls community access road and the Webeque supply road. Information and progress regarding these projects may be accessed through the links provided on Bold's critical and battery metals page.

The technical information found within this news release has been reviewed and approved by Coleman Robertson, BSc, PGeo, a qualified person for the purposes of NI 43-101 and the company's vice-president, exploration.

Bold management believes the company's suite of battery, critical and precious metals exploration projects are an ideal combination of exploration potential meeting future demand. The company's target commodities comprise: copper, nickel, lead, zinc, gold, silver, platinum, palladium and chromium. The critical metals list and a description of the provincial and federal electrification plans are posted on the Bold website.

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 multimetal district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

We seek Safe Harbor.