BOL Bold Ventures Inc

Bold Ventures Inc. (TSX VENTURE:BOL) (the "Company" or "Bold") Reports the
completion of a helicopter borne VTEM electromagnetic and magnetic geophysical
survey in the Ring of Fire area of Northern Ontario. The survey was carried out
to detail previously surveyed blocks as well as to investigate new areas that
had not been surveyed. This ongoing hunt for "elephant sized" mineral deposits
is being carried out as part of a systematic, ongoing (since 2010)
reconnaissance of under explored areas that have not been subject to the current
technology of Vertical Loop Time Domain Electro Magnetic survey systems in the
past. The Company took the opportunity to fly the survey at this time in order
to manage the timing of this activity with local First Nation activities.


As a result of the recently completed VTEM survey, a further 20 claims totaling
292 claim units comprising approximately 4,672 hectares or 11,680 acres were
staked to cover the areas that encountered anomalous results. A comprehensive
review of the survey data is being undertaken with an eye to prioritizing these
new anomalies for drill testing. These results will be integrated with the fall
2012 VTEM airborne survey results in order to establish the highest priority
anomalies (See Bold news release dated September 12, 2013). 


Please visit www.boldventuresinc.com for additional project details. Upon
completion of the data interpretation the results will be disclosed and then
posted at our website.


In other news Bold is pleased to report that KWG Resources Inc. has given the
Company binding notice that it will elect to make the next payment of $500,000
due in April 2014 and expend an additional $2,000,000 in exploration expenses by
April of 2014 to reach an aggregate of $5,000,000 to satisfy the terms of the
Option agreement with Bold for the Koper Lake Project optioned from Fancamp
Exploration Ltd. (see news release dated March 4, 2013). The Koper Lake Project
is host to the Blackhorse Chromite deposit located in the Ring of Fire area of
the James Bay Lowlands in Northern Ontario. Bold optioned the property from
Fancamp Exploration Ltd. in May 2012 (see terms of that agreement in news
releases dated May 7, 2012, January 7, 2013 and February 4, 2013). For
additional Koper Lake Project details visit www.boldventuresinc.com or
www.kwgresources.com.


Current Bold management and its team of consultants have had valuable and
productive experience in the Ring of Fire. During their previous involvement
with Noront Resources Ltd. in 2007, they were responsible for the Eagle One,
Eagle Two and AT12 magmatic massive sulphide discoveries as well as the
Blackbird high-grade chromite resources and the Thunderbird vanadium showing,
all located within the Noront Resources claims in the Ring of Fire area of the
James Bay Lowlands, Ontario.


Richard E. Nemis, President and Chief Executive Officer 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


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.
416-864-1456
www.boldventuresinc.com

Grafico Azioni Bold Ventures (TSXV:BOL)
Storico
Da Nov 2024 a Dic 2024

Grafico Azioni Bold Ventures (TSXV:BOL)
Storico
Da Dic 2023 a Dic 2024