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Bold Ventures Signs Agreement to Acquire 6 Key Claims Contiguous to its Joutel Property, Quebec
Toronto, Ontario--(Newsfile Corp. - March 1, 2026) - Bold Ventures Inc. (TSXV: BOL) (the " Compan...
About this update from Bold Ventures Inc.
[{"type":"text","content":"Bold Ventures Signs Agreement to Acquire 6 Key Claims Contiguous to its Joutel Property, QuebecToronto, Ontario--(Newsfile Corp. - March 1, 2026) - Bold Ventures Inc. (TSXV: BOL) (the \"Company\" or \"Bold\") is pleased to announce that it has signed an agreement dated February 27, 2026 (the \"Vending Agreement\") with 2099840 Ontario Inc. o/a Emerald Geological Services (\"EGS\") to acquire 6 staked mining claims (the \"Additional Claims\") contiguous to its Joutel Property, located 140 km northwest of Val d'Or, Quebec in consideration for the issuance of 750,000 common shares of the Company to EGS (the \"Transaction\"). EGS is a non-arm's length party controlled by Bruce MacLachlan, President and COO of Bold, and Coleman Robertson, VP Exploration of Bold. The Additional Claims cover versatile time-domain electromagnetic (VTEMTM) geophysical anomalies from a 2012 survey carried out on the Joutel Property by Bold. Anomalous area 3B (see Figure 1) is associated with historical diamond drill hole intercepts of 0.83% Nickel over 3.7 metres including 1.27% nickel over 2.3 metres, as well as 0.51 g/t gold over 3.05 metres (see Figure 2). The Vending Agreement and Transaction are subject to the approval of the TSX Venture Exchange.Bold CEO David Graham commented that \"we are pleased to have re-assembled our Joutel claims. Our 2012 VTEM survey outlined a number of anomalies that we believe are prospective for Nickel (Ni), Copper (Cu), Zinc (Zn), Gold (Au) and Silver (Ag). We are excited to explore these anomalies to generate what we anticipate will be high potential drill targets.\"Bruce MacLachlan, President and COO of Bold Ventures and President and CEO of EGS, stated: \"The proposed acquisition of the EGS claims is a major step forward for Bold's Joutel project, which will become a consolidated land package of 58 claims comprising 3217 hectares covering numerous geophysical anomalies associated with known base and precious metal mineralization. We anticipate a ground geophysical survey this winter to better define these geophysical anomalies in advance of drilling.\"The transaction is a related party transaction as EGS is a non-arm's length party controlled by Bruce MacLachlan and Coleman Robertson, two insiders of the Company. The related party transaction is exempt from the valuation and minority shareholder approval requirements...