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Bold Ventures Reports Positive Results of MMI(TM) Soil Survey on Its Burchell Property
Newsfile· 2025-07-21 12:00
Core Insights - Bold Ventures Inc. has reported positive results from a Mobile Metal Ion (MMI) soil survey on its Burchell Gold and Copper Property, indicating potential for gold and copper mineralization in the area [1][6] Survey Results - The MMI soil survey was conducted in the northwest corner of the Burchell Property, designed to infill and extend previous soil lines, particularly testing the Moss Trend adjacent to Goldshore Resources' Moss Gold Property [1] - Notable anomalies were found, with gold response ratios (RRs) reaching up to 60 times background levels, copper RRs up to 136, and molybdenum RRs up to 70 [2] - The best gold anomaly from the 2025 survey was recorded at an RR of 65, located along a magnetic low trend [2][3] Historical Context - Historical diamond drilling by Newmont in the area has previously yielded gold anomalies, including a notable intersection of 0.9 g/t Au over 6.4 meters [3] - The soil anomalies are expected to assist in more accurately targeting gold-bearing horizons for future diamond drilling [3] Survey Methodology - A total of 82 samples were collected during the summer field program, contributing to a combined survey total of 156 samples, with specific sampling protocols followed [4][7] Future Prospects - The company is awaiting final results from another area known as the 111 Zone, which has shown promising gold values in previous grab samples [5] - The management expressed optimism regarding the exploration potential of the property, highlighting the underexplored nature of the area and the potential for new discoveries [6] Company Overview - Bold Ventures Inc. focuses on exploring precious, battery, and critical metals in Canada, particularly in regions with active gold and battery metal camps [10]