Bold Ventures Inc. is pleased to announce that it has retained Forage M3 Drilling Services Inc. for Bold's initial diamond drill program at the Traxxin Gold Project located 130 km west of Thunder Bay, Ontario. The drill program is scheduled to begin during the first week of January 2021. Prospecting and sampling, by the current vendors of the Traxxin claims, began in 2011 and culminated in the 2016 discovery of a high [...]
Bold Ventures Inc. is pleased to announce the results of the Company's initial exploration work on the Farwell Gold and Base Metal property located north of Wawa, Ontario. Prospecting and sampling was successful in locating key historical occurrences and previously undocumented mineralized shear zones in the 3 key areas of interest on the property. These include the eastern Tundra Gold Horizon , the central Farwell [...]
Bold Ventures Inc. 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 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 [...]
Bold Ventures is pleased to announce that it has closed the final tranche of its non-brokered private placement, announced in its July 31, 2020 Press Release, and raised a further $60,050 through the issuance of 700,000 working capital units and 334,000 flow-through units. Each WC Unit is priced at $0.05 and comprises one common share of the Company priced at $0.05 and one common share purchase warrant, with each WC [...]
Bold Ventures Inc. is pleased to announce that an exploration permit has been issued relating to the Traxxin Gold Project located approximately 130 km west of Thunder Bay, Ontario. The claims are road accessible via Trans Canada Highway 11. Local infrastructure includes rail, power and an experienced mineral exploration workforce and mining supply, all located within hours of the property. Combined with the Traxxin [...]
Bold Ventures is pleased to announce that a prospecting crew has been mobilized to the Farwell Gold and Base Metals Project located approximately 55 km northwest of Wawa. The initial work will take place along the Tundra Gold Horizon in the eastern portion of the property. The TGH is located along the eastern extension of the Iron Lake Deformation Zone and co-incident iron formation. Historical exploration has identified [...]
Bold Ventures Inc. is pleased to announce that it has closed the second tranche of its non-brokered private placement, announced in its July 31, 2020 Press Release , and raised $231,025 through the issuance of 2,000,000 working capital units and 1,747,000 flow-through units . Each WC Unit is priced at $0.05 and comprises one common share of the Company priced at $0.05 and one common share purchase warrant, with each WC [...]
Bold Ventures is pleased to announce that it has received all regulatory approvals required to option the Traxxin Gold Property. The Traxxin Gold Property is located to the south and contiguous with the Traxxin Extension Gold Project claims, held 50% by Bold and 50% by Lac des Mille Lacs First Nation. Bold is the Operator of the Bold/LDMLFN Joint Venture. Bold has the option to earn a 100% interest in the Traxxin Gold [...]
Bold Ventures Inc. is pleased to announce that it has closed the first tranche of its non-brokered private placement, announced in its July 31, 2020 Press Release, and raised $145,000 through the issuance of 2,900,000 working capital units. Each WC Unit is priced at $0.05 and comprises one common share of the Company priced at $0.05 and one common share purchase warrant, with each WC Warrant entitling the holder to [...]
Bold Ventures Inc. wishes to announce that, further to its Press Release of July 21, 2020, it has received regulatory approval to settle an aggregate of $85,028.38 of debt owed to two insiders of the Company in consideration for the issuance of 1,700,567 common shares of the Company at a price of $0.05 per share. One of the insiders released the Company from a debt totaling $22,500.00 for no consideration. The debt [...]
Bold Ventures Inc. is pleased to report that it has signed the formal Option Agreement to acquire the Traxxin Gold Project, subject to regulatory approval. As previously announced on June 18, 2020, Bold will have the option to earn a 100% interest in the claims over a three-year period by paying an aggregate of $150,000 cash, issuing an aggregate of 1,000,000 common shares of Bold and completing a total of $250,000 of [...]
Bold Ventures Inc. reports that as announced on June 18, 2020, Bold entered into an advertising and investor awareness campaign with Dig Media Inc., dba Investing News Network . The Company intends to issue shares to INN in exchange for the advertising and investor awareness campaign services. The term of the engagement is six months with the option to renew on the same terms for an additional six months. The cost of the [...]