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Bold Ventures Provides Update of Traxxin Gold and Farwell Gold and Base Metals Projects
TORONTO, ON / ACCESSWIRE / October 14, 2020 / Bold Ventures Inc. (TSXV: BOL ) (the " Company...
About this update from Bold Ventures Inc.
[{"type":"text","content":"Bold Ventures Provides Update of Traxxin Gold and Farwell Gold and Base Metals ProjectsTORONTO, ON / ACCESSWIRE / October 14, 2020 / Bold Ventures Inc. (TSXV:BOL) (the \"Company\" or \"Bold\") is pleased to announce that recent work on Bold's Traxxin Gold Project in the Atikokan area has included the resampling of high-grade gold sections from historical diamond drilling (2017-2018) along the \"Main Zone\" located in the north-central portion of the claims. A total of 22, 1-meter long drill core samples were collected by Bold's technical personnel and submitted for screen metallic, 500g gold analyses.A review and interpretation of the airborne and ground geophysical surveys carried out in 2016 and 2017 has been undertaken. Additionally, the geological staff have reviewed the project database and identified a number of areas outside of the Main Zone to assess and prioritize for their gold potential.The Company is finalizing a diamond drill program designed to continue the delineation of the Main Zone. The Company expects this to be completed shortly and plans to mobilize a drill to the project immediately thereafter. Highlights of the Traxxin Main Zone drilling in 2017 included the following results (Sims 2019):Hole FromToInterval (m)Grade (AU g/t)BED-17-001 2.752.31.82 17.931.9141.5 17.921.943.63 incl17.919.926.43 incl25.928.931.41BED-17-002 20.324.340.77 incl22.323.311.98 515214.85BED-17-003 22.723.7137.3BED-17-004 39.840.811.1 49.452.22.80.96 incl51.252.211.86BED-17-005 3456.222.21.07 incl37.856.218.41.26 43.856.212.41.71 50.556.25.73.37 52.555.22.76.59 53.355.21.98.9BED-17-006 515322.66BED-17-007 3851130.63 incl505115.46BED-17-008 505112.65BED-17-009 NSA BED-17-010 32.334.320.44BED-17-011 31.44513.60.34 incl31.435.74.30.51BED-17-012 23.9251.10.74BED-17-013 12.535.5230.8 incl12.516.543.09 14.515.5111.2 34.535.514.04BED-17-014 1349360.63 incl1325121.16 131852.06 232521.4 444951.55 444515.83BED-17-015A NSA BED-17-016 84.792.782.4 88.992.73.84.76 88.9912.17.87BED-17-017 NSA BED-17-018 42.762.219.50.13BED-17-019 74.2805.82.03 74.278.242.73BED-17-020 67.971.63.70.35BED-17-021 58.1100.442.30.21BED-17-022 117.2137.2201.61 117.913012.12.35 122.61307.43.43 124.6125.617.65 12913019.11 The Traxxin Main Zone discovery is hosted by a major northeast splay of the Quetico fault at the contact horizon between the Marmion Lake Batholith to the...