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Last C$0.04 CAD
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As of 3:45 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

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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. Announces the Initiation of the 2015 Exploration Program on the Lac Surprise Gold Property, West- Central Québec

Bold Ventures Inc. and Northern Superior Resources Inc. announced the initiation of the 2015 exploration program on the Lac Surprise gold property, west- central Québec. The exploration program is focused on the recently discovered Amber showing where encouraging gold assay values from grab samples (ranging from 0.81 to 28.6 g/t Au) and channel samples (0.02 up to 10 g/t Au over 1 m, including 26.1 g/t Au over 0.5 m). The Amber showing is one of seven new showings discovered on the Lac Surprise property during the successful 2014 prospecting and trenching programs. Bold and Northern Superior agrees that all seven new showings have significant gold potential. However, due to relatively easy access, thin overburden cover and a more comprehensive understanding of the geology from the 2014 summer program, the Amber showing was chosen for this exploration program. The purpose of this exploration program is to: a) advance the understanding of structural controls for gold mineralization on the property; and b) to define specific core- drill targets at the Amber showing. This exploration program will be initiated and completed during June, 2015, and consists of four components: Establishing a cut and chained grid totaling approximately 30 km (28.85 km), consisting of 22.7 km of cross lines and 6.1 km of tie lines, cut perpendicular to the cross lines, station spacing of 25m; Completion of a 'B' horizon', soil sampling program (approximately 918 samples, 25m stations); 3) Prospecting and outcrop sampling (approximately 50 samples); and completion of a 'Frequency Domain' Induced Polarization (I.P.) survey along all of the cross lines and tie lines within the cut and chained grid.

Bold Ventures Inc. Commences Soil Sampling Program at its Lac Grasset Project

Bold Ventures Inc. announced that it has commenced a soil sampling program at its Lac Grasset project located in Northwestern Quebec within the Abitibi Greenstone belt proximal to the Grasset - Sunday Lake Deformation Zone. Lac Grasset consists of 53 claims that comprise 2,942 hectares (7,271 acres). Upon completion of the soil sampling survey, additional prospecting will follow up on the results of the initial prospecting program carried out in the summer of 2013.

Bold Ventures Inc. and Northern Superior Resources Inc. Report Progress at Lac Surprise in West Central Quebec

Bold Ventures Inc. and Northern Superior Resources Inc. reported progress at Lac Surprise in west central Quebec. The Lac Surprise project is under option from Northern Superior Resources Inc. whereby Bold may earn up to a 60% interest in the property by expending an aggregate of $2,000,000 and issuing to Northern Superior a total of 350,000 common shares of Bold over a three year period. A further 10% interest may be earned by delivering a positive feasibility study within 5 years of execution of the formal option agreement. The property is located approximately 50 km (30miles) south of Chapais and within the historic Chibougamau - Chapais copper-gold camp. The company has completed the final report and interpretation of the recent gold discoveries that were made during an extensive prospecting, trenching and sampling program carried out between August and December of 2014. A detailed ground magnetometer survey has recently been completed in the areas in and around the new gold discoveries, the results of which are pending. Highlights are as follows: Prospecting and trenching work completed on the Lac Surprise Property in 2014 was successful in discovering new gold occurrences and in identifying specific areas on the property that exhibit greater gold potential. The 5-man field crew discovered seven new gold showings, providing excellent focus points for future exploration on the property. Altogether, 973 grab samples were collected during the prospecting program, and 489 channel samples ranging from 0.3 - 1.3 m in length were collected from the 8 trenches which followed. Gold assay results obtained from the 2014 program are the high ever reported on the property. Values reported from each new showing are as follows: Amber Showing: ranging from 0.81 to 28.6 g/t Au (grab sample), and 0.02 up 10 g/t Au/1.0 m, including 26.1 g/t Au/0.5 m (channel sample); Till-39 Showing: ranging from 0.106 up to 2.89 g/t Au/1.0 m (channel sample); Till-68 Showing: ranging from 0.016 up to 2.44 g/t Au/0.85m (channel sample); Tonalite-1 Showing: ranging from 0.023 up to 1.07 g/t (grab sample); Fox Showing: ranging from 0.084 up to 2.95 g/t Au/1.0 m (channel sample); Fox North Showing: ranging from 0.097 up to 6.76 g/t Au/1.0 m (channel sample); Black Phoenix Showing: ranging from 0.14 up to 19.9 g/t Au (grab sample). In some instances, the mineralized shears remain only partially exposed and could only be sampled to the limits of the exposure. As a result of the presence of free gold at the Amber Showing and possibly, at the Black Phoenix Showing, the standard fire assay procedure applied to all samples will be reviewed with an eye to improving the recovery of gold through metallic sieve analysis. The 2014 work program confirmed the general structural importance of the various regional fault systems and the associated controls on the distribution of gold mineralization on the property. Focusing on these structures, a comprehensive follow up exploration program is proposed for 2015. This will include additional compilation work, a review of the recently completed magnetometer survey report (pending) and a re-analysis of some of the 2014 channel samples by metallic sieve analysis. The resulting geological and geophysical review will lead to a program to refine existing targets and provide additional targets for a first stage of diamond drilling. Additional activity within the area has seen some very compelling results. Directly adjacent and to the east of the Lac Surprise project, Geomega Resources Inc. has completed a 22 hole drill program, the results of which are currently being compiled.


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