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Bold Ventures ( (TSE:BOL) ) just unveiled an announcement.
Bold Ventures has agreed to acquire six additional mining claims contiguous to its Joutel Property in Quebec from Emerald Geological Services in exchange for 750,000 common shares, consolidating a land package that will total 58 claims over 3,217 hectares. The claims host geophysical anomalies tied to historical nickel, gold, copper and zinc intercepts, and the transaction, a related-party deal exempt from certain valuation and minority approval requirements, is expected to pave the way for ground geophysical work this winter to refine drill targets and advance the project’s exploration potential.
More about Bold Ventures
Bold Ventures Inc. is a Canadian mineral exploration company focused on base and precious metals, including nickel, copper, zinc, gold and silver. Its Joutel Property in Quebec lies near historical mining operations and is underpinned by geophysical surveys and historical drill results that highlight the area’s exploration potential.
Average Trading Volume: 71,772
Technical Sentiment Signal: Buy
Current Market Cap: C$10.78M
For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.