Mr. David Graham reports

BOLD VENTURES ANNOUNCES ADDITIONAL RESULTS FROM DRILLING AT BURCHELL

Bold Ventures Inc. has released the results from holes BL-26-03 and BL-26-04a from the first phase of drilling at its Burchell project earlier this winter. Four holes totalling 669 metres were completed. Table 1 provides drill hole statistics and displays a geology map with drill hole traces relative to 2025 stripped areas on surface. The results of this phase of drilling are encouraging as a notable system of gold, zinc and copper mineralization has been identified, and will inform the geological interpretation of these results for a follow-up program in this locale. A phase II drilling program in the northwest corner of the property has also been completed, with more than 800 metres of drilling in six holes. The results from the phase II program as well as results from drilling at the Wilcorp and Traxxin projects are pending.

Results from holes BL-26-01 and BL-26-02 are discussed in Bold's news release dated March 19, 2026, with a highlight of 0.42 gram per tonne Au (gold) over 19.0 metres including 1.1 g/t Au over 5.0 metres from hole BL-26-01, drilled beneath Stripped Area 1/the 111 zone, where one grab sample returned 68 g/t Au in 2024 (see Bold news release dated Jan. 9, 2025).

Hole BL-26-03 targeted Stripped Area 6 from the fall 2025 program (see Bold news release dated Dec. 2, 2025). The contact zone between intermediate volcanics to the north and felsic volcanics to the south was intersected with an interval from 44 to 58 metres returning 0.24 per cent Zn (zinc) over 14.0 metres including 0.44 per cent Zn over 5.0 metres including 0.79 per cent Zn over 1.0 metre. Within this interval an anomalous gold zone was intersected from 46 to 53.15 metres, returning 0.13 g/t Au over 7.15 metres. The mineralization is hosted in felsic volcanics on the south side of the contact. An additional broad zinc zone was intersected from 73.5 to 82.2 metres, returning 0.22 per cent Zn over 8.7 metres, again hosted in felsic volcanics. Additional anomalous zinc intervals were intersected further downhole with a best result of 0.80 per cent Zn over 1.5 metres from 87.1 to 88.6 metres. Results are summarized in Table 2.

These results highlight the importance of the central felsic volcanic unit, with the northern and southern contact zones being prospective for gold and zinc plus/minus copper plus/minus lead mineralization, and the interior being prospective for zinc mineralization, as discovered during the 2025 rock, soil and channel sampling programs and the winter 2026 drill program.

Hole BL-26-04a targeted low ground with geochemical and geophysical anomalies north of the 111 zone. From 18.45 to 303.3 metres, more than 200 metres of massive to weakly foliated diorite was intersected, intruding intermediate fragmental rocks, with the hole ending in felsic volcanic and felsic fragmental rocks from 309.25 to 351 metres. A zone of intermittent strong hematite plus/minus potassic alteration within the diorite from 111.88 to 175.2 metres was intersected, locally strongly fractured with quartz-carbonate veinlets and disseminated pyrite locally exceeding 1 per cent. An anomalous gold zone at the top of the interval was intersected, returning 0.08 g/t Au over 4.9 metres. Additional isolated gold anomalies of 0.23 g/t Au over 0.46 metre at 127 metres and 0.11 g/t Au over 0.5 metre at 159.75 metres were obtained. Results are summarized in Table 2.

Bold's technical team believes the rock type in hole BL-26-04a appears to be similar to Gold X2 Mining Inc. recently reported drilling of gold zones within dioritic and gabbroic rocks on their Deaty trend southwest of the Burchell property. The Wedge shear reportedly returned 1.23 g/t Au over 17.0 metres from hole DBD-25-003, related to sheared gabbro dikes near the boundary of chlorite and hematite alteration systems (see Gold X2 news release dated Feb. 5, 2026). Hole DBD-25-001 reportedly intersected 0.43 g/t Au over 19.0 metres in a more strongly sheared zone of the gabbro-diorite. It is unknown if the intrusive suite present on the Deaty trend is comparable with that intersected in hole BL-26-04a on the Burchell property, and the results obtained by Gold X2 do not necessarily imply that similar conditions exist on the Burchell property.

Bruce MacLachlan, president and chief operating officer of Bold Ventures, stated: "The initial drill program has confirmed the importance of volcanic contact zones in hosting wide intervals of base and precious metal mineralization. These contact zones need to be traced out across the property and thoroughly explored. The intrusive unit with low gold anomalies intersected in hole BL-26-04a is intriguing and indicates another exploration target on the Burchell property."

Additional drilling has been completed in the northwest corner of the Burchell property, where the Moss trend is interpreted to pass through and where the company obtained anomalous gold, molybdenum and copper anomalies in soil samples last year (see Bold news release dated July 21, 2025). Six holes totalling more than 800 metres were drilled in this area and are now being logged and sampled, with results from two of six holes pending at the laboratory. Results are also pending for two of seven holes drilled at Bold's Wilcorp property earlier this winter, with the other holes currently being logged and sampled.

QA/QC (quality assurance/quality control) protocols

Core samples were cut by diamond saw under supervision of the QP, placed in sealed bags and driven to Activation Laboratories (Actabs) in Thunder Bay, which is an ISO/IEC 17025 accredited laboratory. Blank and standard certified reference material were inserted into the sample sequence at a rate of 4 per cent each, with an additional 4 per cent of samples designated for duplicate analysis of the sample reject. All samples were analyzed using ActLabs method 1A2-50, a 50 g fire assay with atomic absorption finish, and 1F2, a total digestion with ICP-OES finish for trace elements.

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 NI 43-101.

Bold Ventures 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 (Cu), nickel (Ni), lead (Pb), zinc (Zn), gold (Au), silver (Ag), platinum (Pt), palladium (Pd) and chromium (Cr). 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 multimetals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

We seek Safe Harbor.