Bold Ventures to drill at Traxxin Gold Project, Ontario
Bold Ventures Inc. [TSXV: BOL; OTCQB: BVLDF] reported that it has initiated a follow-up program at the Traxxin Gold Project located 130 km west-northwest of Thunder Bay, northern Ontario, in preparation for diamond drilling in the coming weeks. The final results from the Spring 2026 diamond drilling program have been received.
The Spring 2026 diamond drilling program at the Traxxin Main Zone consisted of two holes totalling 483 metres. Results from hole TX-26-02 were previously announced in a June 25, 2026, including an interval of 100.7 g/t gold over 2.95 metres within a quartz vein on the east side of the Zone, hosting numerous specks of visible gold. An additional anomalous gold zone was intersected further downhole, suggesting a parallel gold-bearing shear zone to the east of the Main Zone.
Hole TX-26-01 was designed as a step-back hole from 2021 drillhole BV-21-04 (which yielded 3.6 g/t Au over 12.3 metres) and is collared the furthest west of all drilling to date. Anomalous gold values from hole TX-26-01 include 0.63 g/t gold over 1.0 metre and 0.60 g/t gold over 0.48 metres from shear-fracture zones with quartz veining within the host tonalite.
A follow-up drilling program is planned to commence in the coming weeks and will target the gold-bearing vein intersected in hole TX-26-02. The gold-bearing vein was first intersected in a 2017 drillhole, BED-17-005, which returned 6.59 g/t gold over 2.7 metres. It was then exposed on surface in Bold’s 2021 mechanical stripping program, with channel sampling results including 9.1 g/t gold over 0.9 metres. However, the high-grade potential of the vein was not fully appreciated until the 2026 drill program, which yielded the best visible gold since the original discovery at the Main Zone. The drill plan will test both the gold bearing vein and the newly identified shear zone to the east.
Drill hole TX-26-02 returned 0.70 metres at 3.99 g/t gold, 1.00 metre at 0.68 g/t gold, 1.35 metres at 1,22 g/t gold, 2.95 metres at 100.7 g/t gold, including 0.60 metres at 476.0 g/t gold and other lower grade intersections. True width unknown but estimated to be between 2-3 metres.
Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand.
Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr).
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 multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.