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Bold Ventures Inc. (TSX.V:BOL) (“Bold” or the “Company”) is pleased to announce the signing of a letter of intent giving Bold the option to acquire a 100% interest in the Stover Gold Property. The property is located approximately 85 km northeast of Wawa, Ontario on the Trans-Canada Highway and is road accessible. For property details …
Bold Ventures Inc. (TSX.V:BOL) (“Bold” or the “Company”) is pleased to announce the signing of a letter of intent giving Bold the option to acquire a 100% interest in the Stover Gold Property. The property is located approximately 85 km northeast of Wawa, Ontario on the Trans-Canada Highway and is road accessible. For property details go to: https://www.boldventuresinc.com/exploration-projects/stover-ontario/ The property consists of 28 staked claims comprising 406 units totaling approximately 6,496 hectares or 16,051 acres occupying portions of six townships (Stover, Rennie, West, Meath, Riggs and Glasgow).
As quoted in the press release:
The Stover Property lies along a 20 km segment of what is known locally as the Goudreau–Missanabie Shear Zone, which is part of the much more extensive Larder Lake–Cadillac shear zone. The eastern portion of this major structure is host to several gold camps and deposits in the Abitibi Subprovince such as Kirkland Lake, Cadillac and more recently Goldcorp’s Borden Lake gold deposit, located 75 km southeast of the Stover Property near Chapleau, Ontario. Approximately 20 km west of the property the Goudreau Lake Shear Zone hosts Alamos Gold’s recently acquired Island Gold Mine and Argonaut Gold Inc.’s Magino Deposit in addition to several small past producers. The past producing Renabie Mine is located proximal to the shear zone and 5 km east of the Stover claims.
