Bold Ventures (TSE:BOL) has released an update.
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Bold Ventures Inc. has secured an option agreement to acquire full interest in two claim groups in the Ring of Fire region, with a commitment of C$135,000 in cash and C$250,000 in exploration over four years. The claims, which have seen minimal past exploration, cover approximately 2,595 acres and could yield a 3% Net Smelter Royalty for Bold if the optionee completes the agreement terms. The optionee can also repurchase half of the NSR for C$1.5 million.
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