Bold Ventures Inc. (TSX:BOL) announced that they have staked 26 claims over an area of approximately 6,624 hectares (16,526 acres), west of James Bay Lowlands of northern Ontario and have completed another VTEM Airborne Survey.
As quoted in the press release:
In September and October of 2012 an 896 line km helicopter borne electromagnetic and magnetic survey over five discrete survey blocks was carried out for the Company by Aeroquest (a wholly owned subsidiary of Geotech Ltd.) of Aurora Ontario. A review of the VTEM data set by Scott Hogg & Associates, geophysical consultants, and James Mungall PhD, P. Geo. indicates that drill testing of a number of the anomalies within the five survey blocks that were covered is warranted. As many as 13 priority targets have been recommended for drill testing within the claims. The Bold technical team is currently reviewing the data and planning a program of follow up drilling later this year.