Bold Ventures intercepts 100.7 g/t Au over 2.95 m at Traxxin Main Zone
Key facts
- 3.0 m
- 101 g/t Au
- TX-26-02
Drill results
| Hole | Interval | Width | Grade |
|---|---|---|---|
| TX-26-02 | 25.1–28.1 m | 3.0 m | 101 g/t Au |
Intercepts extracted and reviewed by Strikepoint from the issuer’s filings. True widths may differ from downhole widths; see the full release for drill orientation.
Toronto, Ontario--(Newsfile Corp. - June 25, 2026) - Bold Ventures Inc. (TSXV: BOL) (the " Company " or " Bold ") is pleased to announce the intersection of high-grade gold mineralization in diamond drilling at its Traxxin Project (the "Project" or the "Property"), located 130 km west-northwest of Thunder Bay, Ontario. Hole TX-26-02 returned 100.7 g/t (3.2 oz/t) gold over 2.95 meters , including 476 g/t (15.3 oz/t) gold over 0.6 meters , from a quartz vein with visible gold along the east side of the Traxxin Main Zone (the "Main Zone" or the "Zone"). Hole TX-26-02 is collared further east of previous drilling and represents the shallowest drilling of the gold-bearing vein to date.
The strike extension of this vein also appears to be under-tested by previous diamond drilling and therefore provides a compelling target for follow-up work. Further enhancing the east side potential of the Zone is the discovery of an additional shear-fracture zone with quartz veinlets which returned anomalous gold values further downhole in TX-26-02. This is the first direct evidence of a parallel zone east of the Main Zone, which was previously postulated due to conductive trends identified from a past I.P. survey further south.
Past soil sampling also supports the hypothesis that there may be a bias in gold mineralization towards the eastern side of the Zone. Mechanical stripping along the gold-bearing vein as well as tighter drilling on the east side of the Zone and targeting the eastern shear zone will be a priority for follow-up work. See Figure 1 for locations of 2026 drill collars relative to past work.
Bruce MacLachlan, President and COO of Bold, stated: "These are the highest-grade results obtained in diamond drilling at the Traxxin Main Zone to date, with the best visible gold since the original discovery in 2016. We have identified a coherent high-grade zone within the br