Mr. Bruce MacLachlan reports

BOLD VENTURES COMMENCES SUMMER FIELDWORK AT BURCHELL, FOLLOWS UP AT 111 ZONE AND JET RARE EARTH ELEMENT SYSTEM

Bold Ventures Inc. has commenced summer fieldwork at its Burchell project, located 100 kilometres west of Thunder Bay, Ont. As a result of Bold's winter drilling program (additional sample results are pending), Bold's technical team has begun planning the next drill program at Burchell. The two areas of focus will be the 111 zone and southwest strike extension, and the newly named Jet rare earth element zone, and other areas of the host Hermia pluton (see Bold news release dated June 3, 2026).

A reinterpretation of the geophysical and geochemical data along with mineralogical studies will assist in the goal of detailing the Jet REE mineralized zone. The drilling program will be finalized after receipt of the remaining drill results. The priorities for the next phase of drilling will be to extend hole BL-26-05a at the Jet REE zone and to test below and along trend of this hole as well as hole BL-26-01 at the 111 zone.

The 111 gold and base metal zone

Bold's 2025/2026 exploration programs identified an extensive gold and zinc plus or minus copper system along contact zones between volcanic units and spatially associated with quartz feldspar porphyry sills (see Bold news releases dated Aug. 18, 2025, Sept. 11, 2025, and Dec. 2, 2025). Winter 2026 diamond drilling at the 111 zone yielded 0.42 gram per tonne gold over 19.0 metres, 0.33 per cent zinc over 19.0 m and 0.18 per cent copper over 9.0 metres in hole BL-26-01 drilled directly beneath the zone (see Bold news release dated March 19, 2026).

The Jet REE zone

The Hermia pluton is found within the northern part of the property, where diamond drilling recently discovered a rare earth element system, with the entirety of hole BL-26-05a averaging 1,022 parts per million total rare earth oxides over 55.2 metres following 55.8 metres of sandy, gravelly overburden (see Bold news release dated June 3, 2026).

Fieldwork has commenced, including mapping and sampling along the 111 zone trend, which will focus on prospective geological contact zones and areas where gold anomalies were identified along strike to the southwest of the 111 zone, toward the property boundary with Gold X2 Mining Inc.'s Moss project.

Prospecting, sampling and mapping within the Hermia pluton will initially focus on outcrops previously mapped by the Ontario Geological Survey. Findings from the field program combined with geophysical, geochemical and mineralogical studies will inform the follow-up drilling program.

Bruce MacLachlan, president and chief operating officer of Bold Ventures, stated: "We are excited to get back out onto the property and explore, applying the knowledge gained from the 2025 field programs and the winter 2026 drill program, as we await final drilling results from the northwest corner of the property."

The technical information in this news release was reviewed and approved by Coleman Robertson, BSc, PGeo, the company's vice-president, exploration, 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 include: 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 metals 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.

We seek Safe Harbor.