Bold owns a 10% carried interest in the Black Horse Chromite NI 43-101 Inferred Resource of 85.9Mt grading 34.5% Cr2O3 at a cut-off % of 20% Cr2O3. Bold also owns a 40% working interest in all other metals found within the
During the Company's 2021 diamond drilling program, the main gold bearing structure was intersected in all four holes drilled beneath the
The Burchell prospecting program was recently completed and the next phase of exploration work is being planned. Bold is pleased to have acquired the 2006 VTEM survey data base commissioned by
The 2006 VTEM survey yielded a number of drill targets. These targets are being re-evaluated and will be considered in light of the new airborne survey work once it has been completed. The Company has received the initial exploration permit relating to the Burchell claims. The permit contemplates areas for line cutting, stripping, geophysical surveys and diamond drilling.
The Farwell Copper and Gold project has been divided into three key areas. The first area targeted for diamond drilling is within the Farwell Sulphide zone extending northeast to the Tundra Gold area.
Historical exploration work at the
The technical information found within this news release and the subject VTEM interpretive report has been reviewed and approved by
About
The Company explores for Precious, Battery and Critical Metals in
As a result of the current COVID-19 virus concerns, the Company's management and contractors are following public guidelines and taking recommended steps to protect the health and safety of all personnel while carrying out operations. As a result of the COVID-19 pandemic giving rise to local and national anti-virus measures, the scheduling of activities is subject to change. COVID-19 impacts may affect timing and availability of goods and services for the foreseeable future.
Contact:
T: 416-864-1456
E: info@boldventuresinc.com.
Neither
Cautionary Note Regarding Forward-Looking Statements
This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
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