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Bold Ventures Applauds Government Critical Minerals Strategy and Provides Project Update
TORONTO, ON / ACCESSWIRE / May 10, 2022 / Bold Ventures Inc. (TSXV:BOL) (the "Company" or ...
About this update from Bold Ventures Inc.
[{"type":"text","content":"Bold Ventures Applauds Government Critical Minerals Strategy and Provides Project UpdateTORONTO, ON / ACCESSWIRE / May 10, 2022 / Bold Ventures Inc. (TSXV:BOL) (the \"Company\" or \"Bold\") wishes to congratulate the Ontario Government on its Critical Minerals Strategy for the electrification of Ontario power consumption. Combined with the Government of Canada's 2022 budget announced on April 7, incorporating a number of industry recommendations, both levels of government aim to bolster mineral production, Indigenous community engagement and infrastructure development.Bold is very pleased to be in lock-step with these initiatives through the exploration of our mineral assets located within Ontario, one of the top ranked mining jurisdictions worldwide. The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.Bold Ventures management believe 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).Our exploration projects are well described in the projects section and in the updated version of the Company's Corporate Presentation at boldventuresinc.com.We are pleased to provide updates on the following projects:Ring of Fire - Ni, Cu, Au, Ag, Pt, Pd, CrThe Company reports that a subsidiary of Wyloo Metals Pty Ltd. of Australia (Wyloo), has recently completed the acquisition of Noront Resources Ltd. (Noront). Bold's Koper Lake Project is within 300 m of the Noront flagship, Eagle's Nest Nickel-Copper massive sulphide deposit, currently in the permit stage. This highlights Bold's valuable exposure close to the main asset at the center of the Wyloo acquisition. See our Ring of Fire Project Details and maps here.KWG Resources Inc. (KWG), Bold's joint venture partner at the Koper Lake Project in the Ring of Fire has announced support for its patented gas reduction patent technology by Natural Resources Canada's Canmet Mining Division (Canmet). As part of Canada's recently announced Critical Minerals Strategy, Canmet has committed to funding, for a further 2-years, a research program to prepare for scaling-up the direct ...