Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold" or the "Company") is pleased to
report results from an IP survey on its 5 claim (202.5 hectare) property located
approximately 14 km east of the Town of Atikokan, northwestern Ontario (see
Press Release dated July 10, 2012).


Historically the Wilcorp property consisting of four patented and one staked
claim was the subject of gold exploration efforts by previous owners and
prospectors working along a deformation zone containing the former Sapawe Mine
gold producer to the east and the Alcott gold showings to the west. The Wilcorp
project itself contains the Eagle Prospect which was discovered by Jack Lake
Mines in 1946. 


Historical exploration on the Wilcorp Property, which was carried out without
the benefit of any modern geophysical surveying, was successful in encountering
interesting gold mineralization warranting further follow-up.


A recently completed IP Survey has provided Bold with several untested new
targets of interest near and along trend of the Eagle Prospect. A total of 14
anomalies were interpreted and follow-up recommendations include prospecting on
multiple anomalous zones and subsequent drill testing where indicated. 


The Bold technical team is currently prospecting over a number of the anomalous
IP zones identified by the survey in anticipation of designing an initial
diamond drill program. 


Mr. Bruce W. Mackie, P. Geo., a professional geologist, has reviewed and
approved the technical content of the information contained in this release and
qualifies under the definition of "Qualified Person" set out in National
Instrument 43-101.


Richard E. Nemis, President and Chief Executive Officer 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bold Ventures Inc.
Richard Nemis, President and Chief Executive Officer
416 864 1456
416 864 1443 (FAX)
www.boldventuresinc.com
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