Last C$0.08 CAD
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bold ventures inc (BOL) Snapshot

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52 Week High
07/23/12 - C$0.27
52 Week Low
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Market Cap
5.0M
Average Volume 10 Days
24.1K
EPS TTM
C$-0.01
Shares Outstanding
62.5M
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bold ventures inc (BOL) Details

Bold Ventures Inc. engages in the acquisition, exploration, and evaluation of mineral properties. The company primarily explores for nickel, copper, lead, zinc, gold, silver, platinum, palladium, and chromium. Its projects include the Ring of Fire properties in Ontario; and the Lac Grasset, Lac Blondel, Lac Agisko, and Joutel projects in the Abitibi Greenstone belt of northwestern Quebec. The company was formerly known as Hydra-Max Industries Ltd. and changed its name to Bold Ventures Inc. in April 2006 to reflect a change in the focus of its principal business to the exploration of mineral interests. Bold Ventures Inc. was incorporated in 1989 and is based in Toronto, Canada.

Founded in 1989

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bold ventures inc (BOL) Key Developments

Bold Ventures Inc. Approves by Laws

Bold Ventures Inc. announced that the Board of Directors has adopted a new general ByLaw Number 1A which includes an advance notice policy requiring advance notice to the company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the company other than pursuant to: the requisition of a meeting, or a shareholder proposal, both made pursuant to the provisions of the Business Corporations Act (Ontario). The 2013 By Law, which includes the Advance Notice Provisions, is effective as of the date it was approved by the Board of Directors, being May 15, 2013. In accordance with the Act, the 2013 By Law is subject to confirmation by shareholders at the company's next Annual Meeting.

Bold Ventures Inc. and KWG Resources Inc. Announce Updates of Drilling Results from Koper Lake Joint Venture in the Ring of Fire Northeastern Ontario

Bold Ventures Inc. and KWG Resources Inc. announced jointly the following update of drilling results from their Koper Lake Joint Venture in the Ring of Fire (ROF) Northeastern Ontario, under option from Fancamp Resources Inc. (FNC). Drilling with three drill machines commenced early in March, 2013 and was halted from April 01 to April 21, 2013 when an Exploration Permit was issued by the Ontario Ministry of Natural Resources pursuant to the revised Ontario Mining Act. Drilling continued with two holes completed to date, a third almost completed and 2 further holes planned to further outline the Black Horse zone along strike and up-dip. The two holes completed, 300 metres apart at the collars, to further explore the Black Horse chrome mineralization previously discovered by FNC were successful at intersecting chromite. Hole FNCB-13- 30 intersected chromite from 658.2 to 701.3metres(43.1 metres) consisting of massive and heavily disseminated chromite. Hole FNCB-13-31 intersected chromite from 795.3 to 914.6 metres (119.3 metres) consisting of massive, semi massive and heavily disseminated chromite. True widths of these intersections are not discernible at the present time. The core is being prepared for assay. These holes will also be subjected to down-hole electromagnetic surveys as follow-up to numerous geologically interesting intercepts of copper-nickel mineralization at depth. A third drill is completing a steep hole to approximately 1200 meters in the northwest corner of Fancamp's western most claim to provide a platform for down hole geophysical surveying in a northerly orientated ultrabasic conduit feeding the Ring of Fire (ROF) ultrabasic complex. A similar north-south striking conduit further west hosts the Eagle's Nest copper-metal deposit previously discovered by Noront Resources Ltd. in 2008.

Bold Ventures Inc. and KWG Resources Inc. Receive the Exploration Permit for the Koper Lake Project Drill Program Related to the Option Agreements with Fancamp Exploration Ltd

Bold Ventures Inc. and KWG Resources Inc. reported that they have received the exploration permit for the Koper Lake Project drill program related to the option agreements between them and Fancamp Exploration Ltd. Work has resumed and provisions have been made to continue drilling through the spring breakup period until the completion of the up to 6,000 metre diamond drilling program. Pursuant to a Memorandum of Understanding between Marten Falls First Nation and program operator Bold (the MOU), the Koper Lake Project is planned to include ground geophysical surveys and up to 6,000 metres of drilling in the first phase program to test the Blackhorse chromite occurrence and a nickel target. The project personnel are housed in the accommodation facilities that exist adjacent to an all-weather airstrip at the Muketei River as authorized by a Land Use Permit recently issued for such facilities and operations to Marten Falls by Ontario's Ministry of Natural Resources. The program is the first to be operated from this facility, which was originally conceived by the Marten Falls community over six years ago. Both KWG and Bold management are committed to work with the Marten Falls First Nation Community, Chief and Council to further the opportunities afforded by the Koper Lake Project.

 

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