Bold Ventures secures new claims near Joutel Property in Canada

Core Viewpoint - Bold Ventures has agreed to acquire six mining claims adjacent to its Joutel Property in Quebec, Canada, enhancing its exploration potential for various minerals [1][2]. Group 1: Acquisition Details - The acquisition involves the issuance of 750,000 common shares of Bold to 2099840 Ontario, operating as Emerald Geological Services (EGS) [1]. - The transaction is classified as a related party transaction but is exempt from certain valuation and approval requirements due to its market value being below 25% of Bold's market capitalization [4]. Group 2: Exploration Potential - The newly acquired claims are significant due to the presence of versatile time-domain electromagnetic (VTEM) anomalies identified in a 2012 survey, which are believed to be prospective for nickel, copper, zinc, gold, and silver [2]. - Historical diamond drill results in anomalous area 3B show promising mineral intercepts, including 0.83% nickel over 3.7 meters and 0.51 grams per tonne gold over 3.05 meters [3]. Group 3: Project Development - The acquisition consolidates Bold's Joutel project into a land package of 58 claims covering 3,217 hectares, associated with numerous geophysical anomalies linked to known mineralization [5]. - A ground geophysical survey is anticipated this winter to better define these anomalies ahead of drilling [5].