Mr. Bruce MacLachlan reports
BOLD VENTURES HIGHLIGHTS BURCHELL GOLD COPPER PROJECT NEWS
Bold Ventures Inc. has highlighted news from the area of its Burchell gold and copper property, while anticipating channel sampling results from its recent mechanical stripping program at Burchell. Nearly 300 channel samples are currently being analyzed, with sampling continuing.
Gold X2 Mining Inc., which holds the Moss project adjoining Burchell to the west, recently announced a definitive agreement to acquire Kesselrun Resources Ltd. (GoldX2 Oct. 1, 2025, news release), its neighbour to the west where they have recently been exploring the Huronian gold project. The acquisition reflects Gold X2's strategy of consolidating its land position in the western portion of the Shebandowan greenstone belt.
Bold management shares the belief in the district's significant potential for new discoveries. During the past summer, Bold identified a 2.9-kilometre trend of gold mineralization in rock sampling (Bold Sept. 11, 2025, news release). Following this, the exploration team has recently exposed and sampled bedrock in eight different locations along a 900-metre portion of this 111 gold trend. All eight stripped areas have never been explored in the past, demonstrating the untapped potential of the area and the Burchell claim group.
Gold X2 also recently announced the delineation of a five km trend of gold mineralization south of the Moss trend, outlining several targets which mirror the geochemical and geophysical fingerprints of the Moss gold deposit (Gold X2 Oct. 16, 2025, news release). Based on this interpretation, it appears that the anomalous in gold Deaty trend strikes northeast toward the Burchell gold and copper project boundary. The southwest end of the 111 gold trend is located within 800 m of the west boundary, where a new gold showing named the Moosehead zone was identified earlier in the summer, hosted in sheared quartz feldspar porphyry, with one grab sample returning 371 parts per billion Au (see Bold's Sept. 11, 2025, news release). Farther north of the Moosehead zone, historic trenches have reportedly yielded a chip sample of 42.2 grams per tonne Au over 0.6 metre, approximately 600 metres from the western property boundary. The Hermia copper prospect is located approximately 900 m from the Burchell west boundary. While the results of the Gold X2 work adjacent to Burchell is very encouraging it does not indicate that the same conditions exist within the Burchell claims.
Bruce MacLachlan, president and chief operating officer of Bold, commented: "The activity by Gold X2 and our own exploration programs this year mark an exciting new era for the western Shebandowan greenstone belt, especially with gold prices surging to all-time highs. We are anticipating results from our channel sampling program and our next step will be to prepare for a drill program."
The Hermia Cu prospect -- Located in the western part of the property, hosted in a zone of deformed felsic to mafic volcanics containing Cu mineralization associated with minor Au (gold), Ag (silver), Mo (molybdenum), Zn (zinc) and Ni (nickel). Historical diamond drilling was carried out over a strike length of 2.8 kilometres from 1964 to 2008. Intersections in core include 0.8 per cent Cu over 4.3 m, 0.25 per cent Cu over 51.9 m and 1.68 g/t Au over 1.45 m.
A diamond drilling data compilation is currently continuing for the Burchell property, which will inform the next steps for exploring the Hermia Cu prospect, which to date hosts the most significant copper mineralization on the property.
Ring of Fire optimism
Bold Ventures would like to draw attention to the recent CIM Northern Luncheon in North Bay, an event drawing together mining professionals, where the topic of the Ring of Fire sparked optimism for future opportunities. Bold is pleased to see support for the development of the critical mineral projects in this strategically important district.
Bold's Koper Lake project in the Ring of Fire
Bold holds a 10-per-cent carried interest (through to production) in the Black Horse Chromite National Instrument 43-101 inferred resource of 85.9 Mt (million tonnes) grading 34.5 per cent Cr2O3 at a cut-off of 20 per cent Cr2O3. Bold also holds a 40-per-cent working interest in all other metals found within the Koper Lake project and has a right of first refusal on a 1-per-cent NSR covering all metals found within the claim group.
Other news
Bold Ventures also announces the acquisition of eight new claims adjoining its Joutel project in Quebec. The new claims cover an additional VTEM anomaly identified by Bold's 2011 airborne survey. The project now comprises 49 claims covering 2,714 hectares.
The technical information in this news release was reviewed and approved by Coleman Robertson, BSc, PGeo, the company's vice-president of exploration and a qualified person (QP) for the purposes of National Instrument 43-101.
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 multimetals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.
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