Mr. Bruce MacLachlan reports
BOLD VENTURES ANNOUNCES OJEP GRANT APPROVAL FOR ITS BURCHELL BASE AND PRECIOUS METALS PROJECT
Bold Ventures Inc. has been approved for a grant of $212,500 from the Ontario junior exploration program for its Burchell base and precious metal project located 100 kilometres west of Thunder Bay, Ont.
Ontario Minister of Energy and Mines Stephen Lecce announced recipients of OJEP funding at a press conference in Sudbury, Ont., on March 19, 2026. The province is investing $10 million in 68 mining exploration companies.
A second phase of drilling has recently been completed at the Burchell project, targeting the northwestern corner of the property, where the Moss trend is interpreted to pass through and where the company obtained numerous gold, copper and molybdenum soil anomalies last year (see Bold news release dated July 21, 2025). Six holes totalling more than 800 metres were drilled in the phase 2 program and are being logged and marked up for sampling.
Bruce MacLachlan, president and chief operating officer of Bold, stated: "Bold Ventures is grateful to receive this non-dilutive OJEP funding for its Burchell project, which will allow for more extensive testing of our prospective targets, which we have recently been drilling. We welcome the Ontario government's initiatives to support early-stage exploration, without which the mines of tomorrow will not be found."
The technical information in this news release was reviewed and approved by Coleman Robertson, BSc, PGeo, the company's vice-president, exploration, and a qualified person for the purposes of National Instrument 43-101.
Bold Ventures management believes its suite of battery, critical and precious metal exploration projects is an ideal combination of exploration potential meeting future demand. Its target commodities are composed of: copper, nickel, lead, zinc, gold, silver, platinum, palladium and chromium. The critical metal list and a description of the provincial and federal electrification plans are posted on the Bold website.
About Bold Ventures Inc.
The company explores for precious, battery and critical metals in Canada. Bold is exploring properties located in active gold and battery metal camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multimetal district dubbed the Ring of Fire region, located in the James Bay lowlands of Northern Ontario.
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