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Bold Ventures Reports Positive Results of MMI(TM) Soil Survey on Its Burchell Property
Toronto, Ontario--(Newsfile Corp. - July 21, 2025) - Bold Ventures Inc. (TSXV: BOL) (the " Compan...
About this update from Bold Ventures Inc.
[{"type":"text","content":"Bold Ventures Reports Positive Results of MMI(TM) Soil Survey on Its Burchell PropertyToronto, Ontario--(Newsfile Corp. - July 21, 2025) - Bold Ventures Inc. (TSXV: BOL) (the \"Company\" or \"Bold\") is pleased to report that the Company has received the results of a Mobile Metal Ion (MMITM) soil survey carried out in the northwest corner of its Burchell Gold and Copper Property during the first phase of summer 2025 field work. The survey was designed to infill and extend soil lines from November 2024 (see January 17, 2025 news release), testing the strike extension of the Moss Trend on the adjacent Moss Gold Property of Goldshore Resources Inc. (GSHR) to the west. The Moss Trend hosts the Moss Gold Deposit with an Indicated resource of 1.23 Moz gold at 1.22 g/t and an Inferred resource of 4.92 Moz gold at 1.09 g/t (see GSHR website), located within 5km of the west boundary of Bold's property.Response ratios (RRs) were calculated for each sample by element, according to SGS guidelines, which state that 'response ratios in general need to be greater than 2-5 times background before being considered \"anomalous.\"' Notable results include several new gold (Au) +/- copper (Cu) +/- molybdenum (Mo) anomalies in the northern half of the survey area (see Figure 1), with Au RRs up to 60 (values 60 times background gold concentrations); Cu RRs up to 136 (values 136 times background copper concentrations), and Mo RRs up to 70 (values 70 times background molybdenum concentrations). Copper and molybdenum are often pathfinders for gold mineralization in this region. Best anomalies from the 2024 survey now have calculated RRs of up to 40 for Au, 59 for Cu, and 432 for Mo. These polymetallic anomalies appear to form at least two northeast-southwest trends/regions within prominent magnetic lows. The best 2025 gold RR of 65 occurs in the southern portion of the survey area along an anomalous trend which follows the margin of an ENE-WSW magnetic low (see Figure 1). Based on publicly available information, this area has never been drilled.Historical diamond drilling by Newmont in the northern portion of the survey area has yielded gold anomalies in a fence of holes in the area of the polymetallic soil anomalies (see Figure 1), as well as towards the western boundary of the property where 0.9 g/t Au over 6.4m was intersected. The soil anomalies wil...