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Bold Ventures ( (TSE:BOL) ) has shared an announcement.
Bold Ventures reported initial results from the first phase of drilling at its Burchell Project’s 111 Zone, where the first two holes confirmed a wide anomalous gold, copper and zinc system beneath previously stripped surface areas. The intercepts, including a 19-metre gold interval with higher-grade sections and broad zinc mineralization, support management’s view that the 3-kilometre trend-hosted system is robust and underexplored.
The company has started a second drilling phase in the northwest part of Burchell along the interpreted Moss Trend, following soil anomalies in gold, molybdenum and copper identified last year. Separately, Bold expanded its Traxxin Property by staking 279 additional claims along the Quetico fault corridor, consolidating prospective ground and reinforcing its exploration footprint in the region.
More about Bold Ventures
Bold Ventures Inc. is a Toronto-based mineral exploration company focused on gold and base metals projects in Ontario. The company is advancing its Burchell and Traxxin properties, targeting structurally controlled mineralized trends with potential for multi-kilometre-scale systems.
Average Trading Volume: 86,481
Technical Sentiment Signal: Buy
Current Market Cap: C$9.8M
For an in-depth examination of BOL stock, go to TipRanks’ Overview page.