Bold Ventures drills Traxxin Gold Project

Toronto, Ontario--(Newsfile Corp. - August 20, 2026) - Bold Ventures Inc. (TSXV: BOL) (OTCQB: BVLDF) (the " Company " or " Bold ") is pleased to announce that it has initiated a follow-up program at the Traxxin Gold Project (the " Project " or the " Property "), located 130 kilometers west-northwest of Thunder Bay, 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 (the "Main Zone" or the "Zone") consisted of two holes totalling 483 meters. The results from hole TX-26-02 were previously announced in a Bold news release dated June 25, 2026 , including an interval of 100.7 g/t gold over 2.95 meters 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 meters) 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 meters and 0.60 g/t gold over 0.48 meters from shear-fracture zones with quartz veining within the host tonalite. Drillhole statistics are presented in Table 1 (below). A summary of the drill program results is presented in Table 2 (below).

Figure 1 Map shows 2026 drill collar locations relative to past work. See Traxxin Gold Project here .

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 meters. It was then exposed on surface in Bold's 2021 mechanical stripping program, with cha