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Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire News
Toronto, Ontario--(Newsfile Corp. - August 28, 2025) - Bold Ventures Inc. (TSXV: BOL) (the " Comp...
About this update from Bold Ventures Inc.
[{"type":"text","content":"Bold Ventures Receives Exploration Permits for the Burchell Gold Copper Project and Highlights Ring of Fire NewsToronto, Ontario--(Newsfile Corp. - August 28, 2025) - Bold Ventures Inc. (TSXV: BOL) (the \"Company\" or \"Bold\") is pleased to announce that it has received two exploration permits for work at the Burchell Gold Copper Project. The applications were made as a result of recent exploration work in and around the \"111 Zone\" gold discovery (see Bold News Release dated January 9, 2025) and the strike extension of the Moss Trend on the adjacent Moss Gold Property of Goldshore Resources Inc. to the west (see Bold New Release dated July 21, 2025 and Bold News Release dated August 18, 2025). The Burchell Property is located approximately 100 km west of Thunder Bay, Ontario.The permits contemplate line cutting, mechanical stripping, geophysical surveys and diamond drilling. The Company anticipates a mechanical stripping program in the coming weeks at the 111 Zone. Based on those results, a diamond drilling program is planned to target the 111 Zone and the northwest corner of the Property, where an MMI(TM) soil sampling survey earlier this summer identified numerous polymetallic anomalies along strike from the Moss Gold Deposit of Goldshore Resources Inc. Ring of Fire NewsThe Company would like to highlight recent news pertaining to the Black Horse Chromite Deposit on the Koper Lake (Black Horse) Project in the Ring of Fire, of which Bold Ventures owns a 10% carried interest to production. The Canadian Chrome Company Inc. (\"CCC\", formerly KWG Resources Inc.), which owns the remaining interest, recently announced a $25 million financing to drill deep geophysical targets at the chrome discovery, which they postulate is the fault-offset twin of the Black Thor chromite deposit (see CCC News Release dated February 24, 2023).Bold's Koper Lake Project in the Ring of Fire:Bold holds 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). Bold also holds a 40% working interest in all other metals found within the Koper Lake Project and has a Right of First Refusal on a 1% NSR covering all metals found within the claim group.The Black Horse is contiguous with the Blackbi...