Bold Ventures Receives Assays up to 16.3 gpt Au at its Wilcorp Property

Bold Ventures Receives Assays up to 16.3 gpt Au at its Wilcorp Property

 

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") announces that it has received assays ranging from

The 16.3 gpt Au sample corresponds to a 10 cm quartz vein in an old pit and stripped area, 35 meters northeast of a 2012 sample which returned 14.4 gpt Au. Additional sampling 100 meters further south yielded gold results up to 892 ppb Au from intermediate schist with quartz-ankerite veining in outcrop, 25 meters west of a 2012 sample which returned 462 ppb Au. An angular boulder of intermediate schist with quartz veining 45 meters east of the 2012 sample returned 110 ppb Au. See Figure 1 for thematic Au results across the property to date, and Table 1 below for sample descriptions and all Au results from the site visit.

 

Table 1: Grab Sample Au Results from Sept. 2024 Wilcorp Site Visit

 
                                                                                                                                                
SampleDateArea X (UTM Z15)Y (UTM Z15)SourceDescriptionAssay Certificate No.Au_ppb
B4148512024-09-08Northern Trenches 2012 14 grammer6158155403873OutcropQtz-ankerite vein in silicified mafic schist, tr-1% arsenopyrite.A24-1086816300
B4148522024-09-08Northern Trenches 2012 14 grammer6157725403836OutcropQtz-ankerite vein.A24-10868307
B4148532024-09-08Bjorkman 2012 1/2 grammer6158335403777OutcropSilicified mafic schist.A24-1086823
B4148542024-09-08Bjorkman 2012 1/2 grammer6158335403776.7OutcropQuartz sericite schist.A24-108682.5
B4148552024-09-08Bjorkman 2012 1/2 grammer6158335403773TalusQuartz sericite schist.A24-108682.5
B4148562024-09-08Bjorkman 2012 1/2 grammer6158275403772Frost heaveSilicified quartz sericite schist.A24-108682.5
B4148572024-09-08Bjorkman 2012 1/2 grammer6158385403773Frost heaveSilicified quartz sericite schist.A24-108682.5
B4148582024-09-08Bjorkman 2012 1/2 grammer6158275403768OutcropIntermediate schist with moderate qtz-ankerite veins.A24-10868892
B4148592024-09-08Bjorkman 2012 1/2 grammer6158405403764Frost heaveSilicified quartz sericite schist.A24-108682.5
B4148602024-09-08Bjorkman 2012 1/2 grammer6158445403760Frost heaveSilicified quartz sericite schist.A24-108682.5
B4148612024-09-08Bjorkman 2012 1/2 grammer6158455403764OutcropQuartz-ankerite vein.A24-108682.5
B4148622024-09-08Bjorkman 2012 1/2 grammer6158505403765Frost heaveSilicified quartz sericite schist with moderate qtz veinlets, minor pyrite, chalcopyrite.A24-108682.5
B4148632024-09-08Bjorkman 2012 1/2 grammer6158965403771Angular boulderSilicified intermediate schist, ankerite alteration, min-mod quartz stringers.A24-10868110
B414873N/AN/AN/AN/AN/ABlank.A24-108682.5
B414874N/AN/AN/AN/AN/AStandard CDN-GS-2G.A24-108682260
 

 

 

Mineralization on the Wilcorp property is generally hosted in quartz-ankerite veining with pyrite, chalcopyrite and arsenopyrite within approximately east-west shear zones. Bold carried out an Induced Polarization (I.P.) survey across the property in 2012, identifying several east-west IP chargeability anomalies (see Figure 1). Limited follow-up prospecting returned values ranging from

It is unknown whether this zone corresponds to the historical Eagle Prospect (or Agnico Eagle Occurrence), where 36 diamond drill holes were completed in 1946. According to two unpublished historical maps in the Thunder Bay resident geologist files, values of 11.1 gpt Au over 4.1m including 30.8 gpt Au over 0.8m were identified. These values are historically designated and unable to be substantiated.

 

The next phase of fieldwork will focus on locating historical workings, especially the Eagle Prospect, and prospecting in areas of known gold anomalies and I.P. trends. Trenching, channel sampling and soil sampling programs may be warranted to generate firm targets for diamond drilling. The 2024 Updated Wilcorp Gold Project Details may be accessed here.

 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5762/228430_4f2ec33d64ef0af0_001.jpg

 

Figure 1: Thematic Au Results and I.P. Trends on the Wilcorp Property

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/5762/228430_4f2ec33d64ef0af0_001full.jpg

 

QAQC Protocols

 

Grab samples were collected, documented and photographed in the field, then placed in sealed bags and delivered to Activation Laboratories (ActLabs) in Thunder Bay, which is an ISO / IEC 17025 accredited laboratory. Grab sample collection is subject to Bold's internal quality assurance / quality control (QAQC) protocols, which include the insertion of blank material and certified reference material into each batch of samples submitted. Samples referenced in this news release were analyzed using ActLabs methods 1A2-50, a 50g fire assay with atomic absorption finish, with over-limit results analyzed using method 1A3-50, a 50g fire assay with gravimetric finish. Samples were also analyzed using ActLabs method UT-6M, a 4-acid near total digestion with ICP-MS / ICP-OES finish, yielding geochemical results for 49 elements.

 

About the Wilcorp Gold Project

 

The Wilcorp claim group is located approximately 13 km east of the town of Atikokan, Ontario in McCaul Township, and 17 km south of Agnico Eagle's (AEM.t) Hammond Reef deposit, which contains combined reserves and resources of 5.6 Moz of gold at 0.71 gpt Au (Agnico Eagle website, 2022). The Property consists of 18 staked claims and 4 patented claims covering 264 hectares.

 

Mineralization in the region is generally related to northeast-trending interpreted splays off the Quetico Fault, a regional transcurrent fault which separates the Wabigoon greenstone belt to the north from the Quetico metasedimentary belt to the south. Known prospects associated with an interpreted splay in the vicinity of the Wilcorp property include the Olcott Prospect and the past producing Sapawe gold mine.

 

The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., Vice President, Exploration of the Company, 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 Critical and Battery Minerals page.

 

Bold's recently updated Corporate Presentation can be viewed 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.

 

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.

 
 

"Bruce A MacLachlan"
Bruce MacLachlan
President and COO

 

Direct line: (705) 266-0847

 

Email: bruce@boldventuresinc.com 

 

"David B Graham"
David Graham
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.

 

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228430

 

 

 

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  Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.) 

 

Both projects are situated in the highly prospective Toodoggone District of British Columbia , which continues to develop as an important copper-gold (Cu-Au) district with significant potential for further discoveries.

 

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The PIL   Property lies in the heart of the Toodoggone region and features several porphyry copper-gold (Cu-Au) targets, along with associated epithermal gold-silver (Au-Ag) mineralization.  To date, 18 porphyry Cu ± Mo ± Au and porphyry-related low- and high-sulphidation epithermal Au-Ag occurrences have been outlined on the PIL Property. The PIL property is adjacent to Amarc Resources and Freeport-McMoRan's JOY Project, as well as TDG Gold Corp.'s Shasta/Baker and Sofia Properties. It is also situated 25 kilometres ("km") northwest of Centerra Gold's former Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

 

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Finlay's President and CEO, Ilona Lindsay , states :  

 

  "We are very pleased with the substantial increase in approved funding for both the PIL and the ATTY. This additional funding will allow us to identify and prioritize as many targets as possible for drilling in 2026."  

 

  References:  

 
  1. Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.

  2.  
  3. Finlay news releases NR 03-25 dated April 17, 2025 entitled: "  Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: "  Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "
  4.  

  Qualified Person:  

 

  Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

 

  About finlay minerals ltd.  

 

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

 

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com   .  

 

  On behalf of the Board of Directors,  

 

  Robert F. Brown ,
Executive Chairman of the Board

 

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

 

   Forward-Looking Information:    This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay 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 or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.  

 

SOURCE finlay minerals ltd. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/17/c1585.html  

 
 

 

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