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bold ventures inc (BOL) Details

Bold Ventures Inc. is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company primarily explores for nickel, copper, PGE, and gold metals, as well as base and precious metals. Its projects include the Ring of Fire properties located to the north-northwest of Thunder Bay, Ontario; Lac Grasset, Lac Blondel, Lac Agisko, and Joutel projects in the Abitibi Greenstone belt of northwestern Quebec; Wilcorp project locate in the town of Atikokan, Northwestern Ontario; and Lac Surprise property in Chibougamau and Oujé Bougoumou region Québec. The company was formerly known as Hydra-Max Industries Ltd. and changed its name to Bold Ventures Inc. in April 2006. Bold Ventures Inc. was incorporated in 1989 and is based in Toronto, Canada.

Founded in 1989

bold ventures inc (BOL) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: C$32.0K
Chief Financial Officer
Total Annual Compensation: C$48.0K
Chief Operating Officer and Executive Directo...
Total Annual Compensation: C$134.4K
Executive Vice President and Executive Direct...
Total Annual Compensation: C$150.0K
Compensation as of Fiscal Year 2013.

bold ventures inc (BOL) Key Developments

Bold Ventures Inc. and Northern Superior Resources Inc. Report the Results from Lac Surprise Gold Property

Bold Ventures Inc. and Northern Superior Resources Inc. reported results from the 2014 fall mechanized stripping, trenching, sampling and bedrock mapping programs conducted at the Lac Surprise Gold Property in west-central Quebec. Exposing the gold-bearing shear zone associated with the Amber gold showing; discovery of two additional parallel shear zones in the vicinity of the Amber gold showing; exposing a shear zone associated with the Fox gold occurrence, and upgrading the Fox gold "occurrence" to a gold "showing" and exposing a new shear zon in the vicinity of the Fox Showing. The Lac Surprise property is located within an active gold exploration area, situated south of the Chibougamau-Chapais mining camp. Recently, renewed exploration activity in the area has yielded several new gold discoveries made by Toma Gold/IAMGOLD. The 2014 fall trenching program builds on the successful 2014 summer prospecting program, highlighted by the discovery of the Amber and Black Phoenix Gold showings and the expansion of the Fox Gold occurrence. Altogether, 489 channel samples ranging 0.3 to 1.3m in length were collected during the program.

Northern Superior and Bold Ventures Announce Two New Gold Discoveries

Northern Superior Resources Inc. and Bold Ventures Inc. announced the completion of a first phase prospecting program, and the initiation of a mechanical trenching/stripping program at the Lac Surprise Gold Project in west-central Québec. The Lac Surprise Property encompasses 262 claims that are comprised of approximately 14,670 hectares. The 2014 Lac Surprise work program resulted in the discovery of two new and promising gold showings and associated shear systems, designated the 'Black Phoenix', and 'Amber' gold showings. The prospecting program also expanded the area of mineralization at an historic gold-bearing breccia zone ('Fox Gold Occurrence'), and identified several additional areas on the property with geochemically anomalous gold values in bedrock. A total of 973 grab samples were collected. In total, 100 of these grab samples were anomalous in gold (Au) and returned values ranging from >0.025 g/t up to 28.6 g/t Au. Amber Gold Showing: 3 Grab samples from this zone assayed anomalous values ranging from 0.814 g/t up to 28.6 g/t Au. The Amber showing is located approximately 90 metres up-ice from a till sample collected by Northern Superior in 2011 that contained 17 pristine gold grains. The exposed zone trends approximately 310, is associated with a gabbro, an observed width of 1.5 m and remains open in all directions. Other anomalous gold-grain-bearing till samples (up to 68 pristine grains) occur nearby indicating additional gold mineralization proximal to the till sample sites. Black Phoenix Gold Showing: 24 grab samples from this zone assayed anomalous values ranging from 0.029 g/t up to 19.9 g/t Au. The Black Phoenix showing is comprised of a series of quartz-tourmaline brittle infill veins emplaced perpendicular to the east-west foliation in a silicified schist. The emplacement of the veins is believed to be associated with local late-stage folding. Fox Gold Occurrence: 5 grab samples from this zone assayed anomalous values from 0.082 g/t to 0.733 g/t Au. The Fox outcrop is a gold-bearing, silicified, mineralized dacitic breccia located approximately 300 m southeast of localized trenching and three drill-holes completed in 1988. Samples collected from this summer's program (up to 0.733 g/t Au) correspond well to historic gold assay values sampled at the same location and never pursued. A number of angular metre-scale boulders of the same lithology were identified within 10 metres of the Fox occurrence including a sample from one boulder (2m x 1.5m x 1.0m) that returned an assay of 0.572 g/t Au. A core drill program planned for 2015 will be initiated based upon the compilation of data derived from these activities.

Bold Ventures Inc. Acquires Additional 14 Claims

Bold Ventures Inc. reported that it has acquired an additional 14 claims located on the north side of its Lac Grasset claim group. These claims were acquired to sufficiently straddle the Grasset Deformation Zone that is also dubbed the Sunday Lake Deformation Zone by Balmoral Resources Ltd. This regional structure is interpreted to be a continuation of the Detour Lake gold trend from Eastern Ontario into Western Quebec. Bold's Lac Grasset property now consists of 53 claims that comprise approximately 2,942 hectares or 7,271 acres in total.


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