BOL Bold Ventures Inc

Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold" or the "Company") is pleased to
announce that it is in receipt of the recently completed geological data
compilation reports relating to two of the Company's four projects located in
the prolific Abitibi Greenstone Belt of Northwestern Quebec. The claim groups
were acquired in areas that Bold management deemed to be prospective for base
and precious metals due to the geological environment and location with respect
to recent and historical discoveries. Bold Ventures employs new technology over
areas that have seen little recent exploration work in hopes of locating
previously unrecognized mineral deposits. The compilation work was carried out
by Mr. Robert J. Tremblay, P.Geo., a member of the Quebec Order of Geologists
and a Fellow of the Geological Association of Canada.


Bold management views the Quebec mineral exploration sector to be an
advantageous locale for carrying out mineral exploration for base and precious
metals. The investment incentives and industry infrastructure provide a
favourable work environment. 


Bold staked four claim groups in 2011 and flew VTEM electromagnetic airborne
surveys to cover these four claim blocks named Lac Grasset, Lac Blondel, Lac
Agisko and Joutel. As a result of the 2011 airborne survey a 100% interest in
twenty claims adjoining the Joutel property to the south was purchased for cash.
In 2012, additional claims were acquired and additional VTEM surveys were
carried out to complete the survey coverage and to detail areas of interest
arising from the airborne surveys and the geological compilation work. 


The first two studies covering the Lac Grasset and Lac Blondel claim blocks were
described in a news release dated November 27, 2012. The studies carried out
relating to the Joutel and Lac Agisko projects are described below: 


Joutel Project

The Joutel project is located within Poirier and Dalet Townships and consists of
151 mining claims comprising approximately 7,584 hectares (18,734 acres) in the
central portion of the Abitibi region of northwestern Quebec. The mining and
lumber town of Matagami is located approximately 60 km northeast of the
property. Due to historical timber operations access is provided by lumber roads
throughout the property. There has been very limited work on the property itself
over the last 25 years.


The results of studying historical drilling, geological data bases, structural
interpretations and airborne geophysical reports indicate that the property has
a number of areas of focus for both base and precious metal mineralization.
Three areas with potential for gold mineralization, one area with nickel
potential and twelve targets for polymetallic sulphides were identified.


Based on a review of historical drill holes on the property and an evaluation of
the target areas from a geophysical perspective, an initial program of diamond
drilling is recommended. Additional follow up work will depend on the results of
the first phase drilling program.


Lac Agisko project 

The Lac Agisko project is found within the Townships of Collet, Dieppe and
Laberge. The property is made up of 127 mining claims that cover approximately
7,077 hectares (17,480 acres). All claims were acquired by map staking in late
2011. Located in the west-central portion of the Abitibi region of northwestern
Quebec, the town of La Sarre lies 50 km to the south. Access to the property is
via numerous lumber trails and roads. The claim group has a maximum north south
distance of almost 9km and east west span in excess of 8 km at its widest.
Please visit our web site for maps at www.boldventuresinc.com. 


Relatively little historical work has been carried out on the property. Mr.
Tremblay reviewed a 2011/12 VTEM electromagnetic and magnetic survey in
conjunction with the nine drill holes on the property and 13 drill holes off the
property but located proximal to the claim group. Combined with Government
geological data this information formed the basis of this study. 


The main structural features noted in the study were the presence of the
northwest trending Laberge regional deformation-alteration zone, two large fold
structures and a number of northeast and northwest trending cross cutting faults
which locally disrupt and deform the main tectonic fabric and stratigraphy. As a
result, 14 targets for gold and one target for base metals have been identified
for follow up exploration and diamond drilling. 


Mr. Robert J. Tremblay, 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 E. Nemis
President and Chief Executive Officer
416 864 1456
416 864 1443 (FAX)
www.boldventuresinc.com

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