Bold Ventures Inc. has kicked off diamond drilling at its Burchell base and precious metals project in Ontario, and laid out several near-term corporate and marketing moves aimed at raising its profile. A drill is already onsite; once the initial hole is finished the rig will be moved to a second priority target on the property. The company is also planning investor engagement at the upcoming Prospectors and Developers Association of Canada (PDAC) convention and has put new marketing agreements in place to broaden awareness of its story.
Operational update: Burchell drilling and follow-up plans – Drilling has begun at Burchell as a staged, target-focused program. After completing work at the first site, the drill will be relocated to a second target to test additional structural and geochemical targets across the property. – Bold will use PDAC to present technical updates and meet with potential partners and capital providers. The company has also signed marketing contracts intended to amplify its message to retail and specialist investors. – Regional permitting and infrastructure developments in the Ring of Fire remain part of the backdrop for project timing and costs. Bold reiterated that its interest in the Koper Lake project continues to be a material component of its portfolio.
111 Zone: first-phase drilling complete; assays awaited – The company finished a first-phase diamond-drilling program at the 111 Zone on the Burchell property: four holes totalling 669 metres. – Field crews logged and sampled the core and submitted 663 drill-core samples to an accredited laboratory. Assay results are pending and will guide any follow-up drilling or resource evaluation. – The 111 Zone was chosen after fall channel sampling and a December grab sample that returned 68 g/t Au. Bold referenced prior releases dated December 2, and January 9, for additional context. – While waiting for assays, the drill has been mobilized to the Wilcorp property, about 13 km east of Atikokan, Ontario, where an initial series of holes is underway. The program at Wilcorp is designed to keep field momentum while laboratory turnaround occurs.
Investor engagement at PDAC and media plans – Bold’s senior team — CEO David Graham, President & COO Bruce MacLachlan, and VP Exploration Coleman Robertson — will be at booth #2610 during the PDAC convention in Toronto, March 1–4. The company plans public presentations, institutional and retail meetings, and media interviews. – Speaking and media schedule: – Coleman Robertson will present “From Burchell to the Ring of Fire” at 11:10 a.m. on Monday, March 2, (Northern Lights Learning Hub, Level 300, Hall A, North Building). – Bruce MacLachlan will be interviewed by the Northern Miner on March 1, and by CEO.CA on March 2. Both interviews will be recorded and posted to Bold’s website. – Requests for one-on-one briefings should be routed through Bold’s investor relations team via official PDAC channels.
Marketing engagements and fees – Bold retained the Northern Miner Group and CEO.CA for interview services, for fees of $4,520 and $4,350, respectively. It also signed a 12-month promotional agreement with Armchair Trader Limited (UK) for $10,000 to support its presence at Resourcing Tomorrow (Dec. 1–3, ) and to maintain UK market visibility. – The company says these arrangements are aimed at targeted conference exposure and digital distribution of recorded materials to reach retail and small-cap audiences. Specific budget breakdowns and partner deliverables were not disclosed.
Ring of Fire and Koper Lake context – Bold’s promotional activity sits alongside broader regional developments that could affect project logistics and timelines. Key infrastructure projects under consideration or review include the Marten Falls Community Access Road, the Northern Road Link and the Webequie Supply Road — all of which, if advanced, would change access and potentially reduce operating costs for nearby deposits. – In a separate regulatory note, the federal government decided not to designate the proposed Eagle’s Nest project for impact assessment. That decision removes one permitting obstacle for that adjacent development, although environmental reviews, Indigenous consultations and financing still influence schedules.
Koper Lake joint venture — ownership and resource snapshot – Bold and Canada Chrome Corporation Inc. operate the Koper Lake project as a joint venture, with Canada Chrome as the operator. – Bold’s stake: a 10% carried interest in the Black Horse chromite deposit through to production, a 40% working interest in other metals across the claim group, and a right of first refusal on a 1% NSR for all metals. – The Black Horse deposit lies near the Blackbird deposits and about 300 metres from the permitted-stage Eagle’s Nest nickel-copper massive-sulphide target. An NI 43-101 inferred resource (Aubut ) lists 85.9 million tonnes grading 34.5% Cr2O3 at a 20% Cr2O3 cutoff, marking it as a significant chromite asset in the region.
Strategic considerations and risks – Proximity to Eagle’s Nest offers potential synergies: shared access and infrastructure could lower capital requirements if projects are sequenced to take advantage of common logistics. Realizing those efficiencies, however, depends on permitting, consultation and the order in which projects move forward. – Market interest will hinge on metallurgical performance, concentrate specifications, access to smelting or ferrochrome facilities, and broader demand for ferrochrome and stainless steel. – Near-term value drivers to watch: metallurgical test results, operator updates on work programs, infrastructure and permitting progress, and the outcomes of Indigenous consultation processes. Each of these can materially affect capital estimates, timelines and prospective returns.
Technical review and contacts – Technical information in this update was reviewed and approved by Coleman Robertson, B.Sc, P. Geo, Bold’s vice-president, exploration, who is the qualified person (QP) under NI 43-101. – For project-level details, investor queries or corporate contacts, consult Bold’s website or reach out to management’s designated contact points.