Bold Options Claims in Ring of Fire Region

Bold Options Claims in Ring of Fire Region

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to announce that it has signed an option agreement (the "Agreement") to option a 100% interest in two claim groups (the "Optioned Claims") to an arms-length party (the "Optionee"). The claims are located in the Ring of Fire Region. The Optioned Claims were staked during a regional airborne Electromagnetic and Magnetic survey flown in 2013 for Bold Ventures and its co-Venturer, a subsidiary of Dundee Resources. The survey resulted in over 14 claim groups being staked at various times over two campaigns. The Optioned Claims have a combined area of approximately 2,595 acres (1,050 hectares) and comprise approximately 90 claim units. The Optioned Claims have seen very little exploration work in the past

The terms of the Agreement include aggregate cash payments totaling C$135,000 and aggregate exploration expenditures of C$250,000 over a four-year period. Upon the Optionee earning a 100% interest by fulfilling the terms of the Agreement, a 3% Net Smelter Royalty (NSR) will be granted to Bold. The Optionee retains the right to buy back one half of the NSR (1.5%) for C$1.5 million leaving Bold with a 1.5% NSR. The schedule of cash payments is:

C$25,000 upon execution of the Agreement;
C$50,000 payable six months following the execution of the Agreement;
C$30,000 payable on the third anniversary of the execution of the Agreement; and
C$30,000 payable on the fourth anniversary of the execution of the Agreement.

Exploration expenditures include:
C$25,000 on or before the six-month anniversary of the Agreement;
C$25,000 on or before the second anniversary of the Agreement; and
C$200,000 on or before the fourth anniversary of the Agreement.

A subsidiary of Dundee Corporation, Bold's co-Venturer in its Ring of Fire regional exploration project, retains a one-third interest in Bold's holdings within an area of interest that includes the Ring of Fire and is part of an option agreement signed in 2011 (see Bold news release dated April 12, 2011).

A recent article, posted on the Bold website, describes how the U.S. Military takes an interest in critical mineral development in Canada U.S. Military Finances Canadian Miners.

Additional articles relating to critical minerals and the "Ring of Fire" news can be accessed at Bold's Critical and Battery Minerals page.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: 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 Critical and Battery Minerals page.

About Bold Ventures Inc.

The Company explores for Gold and Base Metals in Canada. Bold is exploring properties located within active gold camps of Northern Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit www.boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

"David B Graham"
David Graham
President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

SOURCE: Bold Ventures Inc.



View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

BOL:CA
Bold Ventures

Bold Ventures Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Bold Ventures (TSXV:BOL)

Bold Ventures

Bold Ventures

Bold Ventures Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Developing precious and critical mineral assets in mining-friendly Ontario

Bold Ventures Discovers New Style of Mineralization on Its Wilcorp Property

Bold Ventures Discovers New Style of Mineralization on Its Wilcorp Property

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to announce the discovery of a new style of mineralization on its Wilcorp Property (the "Property") in the Atikokan area in Ontario, consisting of significant Au-Ag-Cu mineralization from sulphide-quartz stringers in... Keep Reading...
Bold Ventures Provides Update at Burchell Gold Copper Project and Ring of Fire News

Bold Ventures Provides Update at Burchell Gold Copper Project and Ring of Fire News

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to provide an update of activities at its Burchell Gold Copper project, 100 km west of Thunder Bay, Ontario, and Koper Lake in the Ring of Fire, Ontario. Burchell Gold Copper Project Mechanical stripping at the 111... Keep Reading...
Bold Ventures Announces Prospecting and Sampling Results and Mobilizes Crew to Burchell Gold and Copper Project

Bold Ventures Announces Prospecting and Sampling Results and Mobilizes Crew to Burchell Gold and Copper Project

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to announce the results of a prospecting and sampling program on its Burchell Gold and Copper Property (the "Property"), located within the Shebandowan Greenstone Belt, approximately 100 km west of Thunder Bay,... Keep Reading...
Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire News

Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire News

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to announce that it has received two exploration permits for work at the Burchell Gold Copper Project. The applications were made as a result of recent exploration work in and around the "111 Zone" gold discovery (see... Keep Reading...
Bold Ventures Announces Results of A and B Horizon Soil Sampling Program on Its Burchell Property

Bold Ventures Announces Results of A and B Horizon Soil Sampling Program on Its Burchell Property

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the "Company" or "Bold") is pleased to announce the results of an A and B Horizon Soil Sampling Program on its Burchell Gold and Copper Property ("the Property"), located approximately 100 km west of Thunder Bay, Ontario. 474 samples in total were... Keep Reading...
Canadian Investment Regulatory Organization Trade Resumption - ANT

Canadian Investment Regulatory Organization Trade Resumption - ANT

Trading resumes in: Company: Anteros Metals Inc. CSE Symbol: ANT All Issues: Oui Resumption (ET): 11:15 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market.... Keep Reading...
Anteros Metals Enters Definitive Agreement

Anteros Metals Enters Definitive Agreement

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce that, further to its press release of October 7, 2025, the Company and Rift Minerals Inc. ("Rift") have entered into an option and joint venture agreement (the "Agreement") dated October 8, 2025, pursuant to which... Keep Reading...
Strategic Option Secured Over Feather Cap Gold Project

Strategic Option Secured Over Feather Cap Gold Project

Corazon Mining (CZN:AU) has announced Strategic Option Secured Over Feather Cap Gold ProjectDownload the PDF here. Keep Reading...
1,173 Soil Geochemistry Samples Completed

1,173 Soil Geochemistry Samples Completed

Augustus Minerals (AUG:AU) has announced 1,173 Soil Geochemistry Samples CompletedDownload the PDF here. Keep Reading...
Canada One Acquires 4,836 ha Copper-Gold Property Adjacent to Copper Mountain Mine

Canada One Acquires 4,836 ha Copper-Gold Property Adjacent to Copper Mountain Mine

Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") announces it has agreed to acquire a 4,836-hectare copper-gold property contiguous to the northwest of Hudbay Minerals' Copper Mountain Mine, to be known as "Copper Dome North" (the... Keep Reading...
Corcel Exploration Reports Historical Drill Results Ahead of Planned Phase I Drill Program

Corcel Exploration Reports Historical Drill Results Ahead of Planned Phase I Drill Program

Corcel Exploration Inc. (CSE: CRCL) (OTCQB: CRLEF) (the "Company" or "Corcel") is pleased to provide a summary of the results of historical drilling conducted at the Yuma King mine, within the 100%-owned Yuma King Project in west-central Arizona. The Yuma King Project hosts the historical Yuma... Keep Reading...
Bold Ventures

Bold Ventures Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News