Gold

Bold Ventures Provides Update

Bold Ventures Provides Update


Bold Ventures Inc. (TSX.V:BOL) (the "Company" or "Bold") is pleased to provide the following update.

Burchell Gold and Copper Project (Cu-Zn-Au-Ag)

The Company is pleased to report that it has received an interpretive study from SHA Geophysics Inc. covering two historical surveys completed over the western portion of the Burchell Gold-Copper property located in the Shebandowan Belt west of Thunder Bay, Ontario. The 2006 Geotech Ltd. Versatile Time-Domain Electromagnetic (VTEM) survey and a 1991 regional airborne Aerodat Mag-EM (Magnetic-Electromagnetic) survey both indicate the presence of significant conductors recommended for follow-up work. Conductors associated with the Hermia Lake copper showing and the area trending to the northeast, were identified for further study and inclusion with the geological data base. Having completed a review of the data quality and results of the 2006 survey, an extension of the VTEM survey to the eastern portion of the property, which remains underexplored, is being considered.

Evident from the survey is the presence of a structural trend that cuts across the northwest corner of the Burchell property. This structural zone hosts Goldshore Resources' Moss Lake Gold Deposit located immediately west of the claim group, as well as the past-producing North Coldstream Mine and the Osmani Gold Deposit located within 3 km of the Burchell Property's north claim boundary. This prominent northeast-trending structure strikes across the Burchell Property for a distance of 1.8 km. (see the northeast gold trend map). The Company continues to compile and interpret the historical work in the context of Bold's prospecting, sampling and mapping program carried out last Fall.

Koper Lake Project (Cr-Ni)

On February 24, 2023, KWG Resources Ltd. announced the completion of a magnetotelluric survey over portions of the Black Horse Chromite deposit located in the Ring of Fire area of the James Bay Lowlands region of northern Ontario. Preliminary results of the magnetotelluric survey indicated that the two target areas, one located 1 km northeast of the Black Horse Chromite Deposit and a second area located between 2 and 4 km northeast of the Black Horse Deposit have …. "clearly distinguished the ultramafic host rock, known as the Ring of Fire intrusion, from the enclosing country rock. This permits the results from the two target areas to be interpreted with confidence" (KWG press release dated February 24, 2023). Bold CEO David Graham commented that "KWG management continues to improve the understanding of the Koper Lake chromite mineralization to the benefit of the Black Horse size and potential."

The Black Horse Chromite Deposit is part of the Koper Lake Project where KWG is the Operator of the chromite exploration effort. Bold owns a 10% carried interest (through to production) in the Black Horse Chromite NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr2O3 at a cut-off of 20% Cr2O3 (KWG Resources Inc., NI 43-101 Technical Report, Aubut 2015). Additionally, Bold owns a 40% working interest in all other metals found within the Koper Lake claims and has the right to earn up to an 80% working interest in all other metals. Bold has the Right of First Refusal on a 1% NSR 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.). Of additional note, the Koper Lake claims are located approximately 300 m from Ring of Fire Metals' Eagle's Nest Ni-Cu Massive Sulphide Deposit that 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 ongoing 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 via 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 Gerald D. White, B.Sc., P.Geo., a qualified person (QP) for the purposes of NI 43-101.

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 website here.

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

As a result of the current COVID-19 virus concerns, the Company's management and contractors are following public guidelines and taking recommended steps to protect the health and safety of all personnel while carrying out operations. As a result of the COVID-19 pandemic giving rise to local and national anti-virus measures, the scheduling of activities is subject to change. COVID-19 impacts may affect timing and availability of goods and services for the foreseeable future.

For additional information about Bold Ventures and our projects please visit 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.

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Bold Ventures Issues Shares for Payment of Services by Investing News Network

Bold Ventures Issues Shares for Payment of Services by Investing News Network

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") wishes to announce that, further to its press release of November 1, 2022, it has agreed to issue 109,091 common shares of the Company to Dig Media Inc., dba Investing News Network ("INN") in settlement of advertising services provided by INN to the Company pursuant to the Advertising Campaign Agreement dated October 31, 2022 for the period ending January 31, 2023 at a price of $0.11 per share, subject to regulatory approval

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 website here.

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Bold Ventures Provides Ring of Fire Update

Bold Ventures Provides Ring of Fire Update

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to update our Koper Lake Project located in the Ring of Fire. KWG Resources Inc. has announced the start of a magnetotelluric survey that will be conducted over the Black Horse Chromite Inferred Resource (The Black Horse). The survey will also cover the undrilled potential target area between the Black Horse drilled area and the property's northeast claim boundary. As stated in a KWG press release dated January 16, 2023, the goal of this work is to inform a future drilling program and ultimately an updated National Instrument (NI) 43-101 resource estimation. The Black Horse is part of the Koper Lake Project where KWG is the Operator of the chromite exploration effort

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Bold Ventures Provides Ring of Fire Update

Bold Ventures Provides Ring of Fire Update

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to update our Koper Lake Project located in the Ring of Fire. KWG Resources Inc. has announced the start of a magnetotelluric survey that will be conducted over the Black Horse Chromite Inferred Resource (The Black Horse). The survey will also cover the undrilled potential target area between the Black Horse drilled area and the property's northeast claim boundary. As stated in a KWG press release dated January 16, 2023, the goal of this work is to inform a future drilling program and ultimately an updated National Instrument (NI) 43-101 resource estimation. The Black Horse is part of the Koper Lake Project where KWG is the Operator of the chromite exploration effort

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Bold Ventures Provides Ring of Fire Update

Bold Ventures Provides Ring of Fire Update

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to update our Koper Lake Project located in the Ring of Fire. KWG Resources Inc. has announced the start of a magnetotelluric survey that will be conducted over the Black Horse Chromite Inferred Resource (The Black Horse). The survey will also cover the undrilled potential target area between the Black Horse drilled area and the property's northeast claim boundary. As stated in a KWG press release dated January 16, 2023, the goal of this work is to inform a future drilling program and ultimately an updated National Instrument (NI) 43-101 resource estimation. The Black Horse is part of the Koper Lake Project where KWG is the Operator of the chromite exploration effort

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Bold Ventures Provides Ring of Fire Update

Bold Ventures Provides Ring of Fire Update

Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to update our Koper Lake Project located in the Ring of Fire. KWG Resources Inc. has announced the start of a magnetotelluric survey that will be conducted over the Black Horse Chromite Inferred Resource (The Black Horse). The survey will also cover the undrilled potential target area between the Black Horse drilled area and the property's northeast claim boundary. As stated in a KWG press release dated January 16, 2023, the goal of this work is to inform a future drilling program and ultimately an updated National Instrument (NI) 43-101 resource estimation. The Black Horse is part of the Koper Lake Project where KWG is the Operator of the chromite exploration effort

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SKRR Exploration Inc. Announces Receipt of Fathom Nickel Shares & Staking of Graphite Property

SKRR Exploration Inc. Announces Receipt of Fathom Nickel Shares & Staking of Graphite Property

SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (" SKRR " or the " Company ") is pleased to announce that further to its transaction and news release dated March 22, 2023 the Company received 2,000,000 common shares of Fathom Nickel Inc.

SKRR EXPLORATION Logo (CNW Group/SKRR EXPLORATION INC.)

The Company also announces the acquisition by staking of twelve (12) graphite mineral claims (the " Kelly Lake Graphite Claims ") located approximately 120 km northeast of the town of La Ronge, Saskatchewan , Canada.

The staking was completed following a detailed review of several publicly available Saskatchewan Government geological databases and publications. A total of twelve claims were registered, covering a total area of approximately 10,572.42 hectares.

SKRR's President and CEO, Sherman Dahl commented:

"The 2,000,000 common shares received by Fathom Nickel Inc. provides us with continuing exposure to the Watts Lake property. We are also extremely pleased to have staked an exciting Graphite project in Saskatchewan . The addition of the Kelly Lake project adds to our portfolio of projects related to the ever-evolving battery-related industries in the search for a 'greener' world."

La Ronge, SK is a full service community with a commercial airport. Provincial transportation route #102 is 10km to the west of the Property. Access to the Property is via fixed wing or helicopter aircraft.

From a regional perspective, the property lies within the east boundary of the Kisseynew Litho-Structural Domain, which constitutes the largest geologic component of the Trans-Hudson Orogen in Saskatchewan and Manitoba. Regionally, the bedrock comprises turbidites and continental sandstones, both of which are interlayered with rare volcanic rocks and intruded by plutons.

On a local scale, the Kelly Lake Graphite Claims are underlain mainly by highly metamorphosed gneisses of various mineralogical compositions, the three main types being garnet gneiss, plagioclase quartz gneiss, and pyroxene bearing gneiss. All of these units contain granitic and pegmatitic sills with associated quartz veins.

There is scant historic exploration with significant efforts by White Rock Resources Ltd. / Comox Resources Ltd. in 1986, consisting of rock and soil sampling, and by Samurai Resources Inc. in 1987 completing two small detail grids of ground magnetometer and VLF surveys. Both of these efforts were concentrated on precious and base metals exploration. Interpretation of a 2012 airborne VLF-EM survey by Canadian Platinum Corp. indicated several EM anomalies on the Kelly Lake Property that do not have a magnetic association, which is indicative of graphite mineralization.

Geological reconnaissance of this area by W.G.Q. Johnston (Dept. of Mineral Resources Saskatchewan) in 1968 concluded 'One of the most important sources of graphite is from rocks similar to those in the Kelly Lake Area (Cameron, 1960), in which the mineralization consists of disseminated graphite flakes oriented parallel to the foliation of highly metamorphosed mica schists or gneisses cut by much granite material (pegmatite, aplite, etc.) in highly folded terrains. This type of deposit is larger, more uniform in grade and shape, and hence more readily mined. The similarities of the settings of important graphite-producing areas to the Kelly Lake Area makes the Kelly Lake Area worthy of investigation for graphite. The best concentrations of graphite noticed were south of Kakabigish Lake in the pyroxene-bearing gneisses. These rocks apparently more closely resemble those of the graphite terrains in Ceylon (Wadia, 1943) than other rocks in the Kelly Lake map-area. Graphite zones give electromagnetic anomalies for both ground and airborne electromagnetic surveys. Graphite zones containing a higher than usual amount of graphite were noticed south of Kakabigish Lake near the west limit of the area and west of the southern extremity of Brabant Lake .'

SKRR cautions that some of the historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for future work on the Kelly Lake Graphite Claims. Mineralization hosted on nearby properties is not necessarily indicative of mineralization that may be hosted on the Kelly Lake Graphite Claims.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Ross McElroy P.Geol , a director of the Company and a "Qualified Person" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects .

About SKRR Exploration Inc. :

SKRR is a Canadian-based precious and base metal explorer with properties in British Columbia and Saskatchewan – some of the world's highest ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan in search of world class precious and base metal deposits.  The Trans-Hudson Orogen – although extremely well known in geological terms has been significantly under-explored in Saskatchewan . SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President & CEO
Tel: 250-558-8340

Neither the 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.

Forward-Looking Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the Kelly Lake Graphite Claims, continuing exposure to the Watts Lake Property, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters, and the Company's plans and goals. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, the ability to secure equipment and personnel to carry out work programs, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, the interpretation of technical and scientific data, risks related to the inherent uncertainty of exploration and development and cost estimates and the potential for unexpected costs and expenses and including those filed under the Company's profile on SEDAR at www.sedar.com . There is a possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, decrease in the price of metals, equipment failures or failure to obtain the necessary equipment, failure to maintain all necessary government permits, approvals and authorizations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

SOURCE SKRR Exploration Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2023/31/c4036.html

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Stock Symbol: AEM (NYSE and TSX)

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