Bold Ventures identifies rare earth anomalies at Burchell

Toronto, Ontario--(Newsfile Corp. - July 30, 2026) - Bold Ventures Inc. (TSXV: BOL) (the " Company " or " Bold ") is pleased to announce that widespread Rare Earth Element (REE) anomalies have now been identified in grab samples and drill core within the Hermia pluton in the northern part of Bold's Burchell Project (the " Project "), located 100 km west of Thunder Bay, Ontario. The REE system was initially discovered during Bold's March 2026 drill program. Hole BL-26-05A returned 1022 ppm Total Rare Earth Oxides (TREO) over 55.2 meters, comprising the entire drillhole beneath 55.8 meters of overburden, hosted in a syenite-carbonatite system (announced in Bold news release dated June 3, 2026 ).

A subsequent prospecting program targeted outcrops within the Hermia Pluton previously mapped by the Ontario Geological Survey (OGS) further east on the Property. Several outcrops returned anomalies >500 ppm TREO with a maximum of 3060 ppm (0.3%) TREO and are located between 2.2 and 3.2 kilometers east of the discovery drillhole (see Figure 1 below). Coordinates and rock types of samples >500 ppm TREO are given in Table 1 below.

Anomalous grab samples were also associated with elevated concentrations of pathfinder elements Ba and Sr, similar to the core samples in hole BL-26-05A. Additionally, the >500 ppm TREO values obtained in grab samples were comprised of 20-30% Magnet Rare Earth Oxides (MREOs), including Nd, Pr, Dy and Tb, which are essential to EV, clean energy, aerospace, and defense applications. The next phase of exploration is planned to consist of ground geophysics across the newly identified fertile corridor associated with the Hermia Pluton, which occupies a 6 km stretch in the northern part of the Property.

A ground gravimetric survey will assist in delineating different phases of the Hermia Pluton which may include more enriched carbonatite rocks. Also planned is the reprocessing and reinterpretation of the 2019 airborne magnetic survey across the Property, which will aid in identifying magnetite-rich zones associated with REE mineralization as well as pluton boundaries, structural controls, and alteration zones. Finally, extending hole BL-26-05A is planned as the hole ended in anomalous REE mineralization.

Bruce MacLachlan, President and COO of Bold Ventures, stated: "We are pleased to have made further progress on the Rare Earth Element system discovered in our March drill program. It is now clear that the Hermia Pluton is a fertile rare earth system not limited to the area of the discovery drillhole, and we look forward to unlocking its potential through systematic exploration which, in the near term, will involve ground geophysics and extending hole 5A." Figure 1: Rare Earth Element Anomalies Within Hermia Pluton see Burchell Project To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5762/307241_e2397844b424db76_001full.jpg Table 1: Summer 2026 Grab Samples with Anomalous (>500 ppm) REE Values TREO (Total Rare Earth Oxides) is calculated by multiplying the elemental concentration of each REE by its specific stoichiometric conversion factor and summing the concentrations of the corresponding oxides. The conversion factors used are: La2O3 (1.1728), CeO2 (1.2284), Pr6O11 (1.2082), Nd2O3 (1.1664), Sm2O3 (1.1596), Eu2O3 (1.1579), Gd2O3 (1.1526), Tb4O7 (1.1762), Dy2O3 (1.1477), Ho2O3 (1.1455), Er2O3 (1.1435), Tm2O3 (1.1421), Yb2O3 (1.1387), Lu2O3 (1.1371), and Y2O3 (1.2699).