The goal for this phase of work is to prospect and sample various locations that have not been accessed by Bold's exploration team to date. In addition, the crew is prospecting and sampling known airborne VTEM and Aerodat anomaly locations that have been interpreted from historical surveys. The 2006
The Company has reached an agreement with the Optionors of the Burchell claim group to extend the first anniversary cash payment of
The Company has completed the first phase of drilling at the Traxxin claim group. The program produced what management believes is the most important drill intersection to date from over thirty drill holes.
Bold has satisfied the share payments and exploration expenditures called for in the
Work on the Farwell claim group has identified a series of electromagnetic and magnetic anomalies that are near drill ready. A closely spaced, high resolution airborne magnetic survey will complete the work necessary to finalize the drill targeting. The initial phase of drilling will focus on the
The Company is pleased to report that it has come to terms with the vendors of the Farwell claims to extend the third anniversary date calling for a cash payment of
All shares to be issued will be subject to a four month and one day hold period from the date of issuance.
Bold owns a 10% carried interest (through to production) in the Black Horse Chromite NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr2O3 at a cut-off of 20% Cr2O3 (
There has been recent news from the Ring of Fire.
The environmental assessment process for all-weather road access to the Ring of Fire is being developed as three proposed road projects: the
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The Company explores for Precious, Battery and Critical Metals in
Cautionary Note Regarding Forward-Looking Statements
This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
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