Bold Ventures secures new claims near Joutel Property in Canada

Bold Ventures has entered into an statement to get six mining claims contiguous to its Joutel Property successful Quebec, Canada.

This transaction involves the issuance of 750,000 communal shares of Bold to 2099840 Ontario, operating arsenic Emerald Geological Services (EGS).

EGS is operated by Bruce MacLachlan, who serves arsenic president and main operating serviceman of Bold, on with Coleman Robertson, Bold's vice-president of exploration.

The recently acquired claims are important owed to the beingness of versatile time-domain electromagnetic (VTEM) anomalies identified successful a 2012 survey conducted by Bold connected the Joutel Property.

Bold CEO David Graham said: “We are pleased to person reassembled our Joutel claims. Our 2012 VTEM survey outlined a fig of anomalies that we judge are prospective for nickel (Ni), copper (Cu), zinc (Zn), golden (Au) and metallic (Ag).

“We are excited to research these anomalies to make what we expect volition beryllium precocious imaginable drill targets.”

Notably, anomalous country 3B is linked to humanities diamond drill results showing nickel and golden intercepts, including 0.83% nickel implicit 3.7m and 0.51 grams per tonne golden implicit 3.05m.

This transaction qualifies arsenic a related enactment transaction nether Multilateral Instrument 61-101 but is exempt from definite valuation and support requirements, arsenic the marketplace worth progressive does not surpass 25% of Bold's marketplace capitalisation.

The statement awaits support from the TSX Venture Exchange.

MacLachlan said: “The projected acquisition of the EGS claims is simply a large measurement guardant for Bold’s Joutel project, which volition go a consolidated onshore bundle of 58 claims comprising 3217 hectares covering galore geophysical anomalies associated with known basal and precious metallic mineralisation.

“We expect a crushed geophysical survey this wintertime to amended specify these geophysical anomalies successful beforehand of drilling.”

The Joutel assertion radical is situated astir 140km north-west of Val d’Or. It lies 6km south-south-east of the historical mining municipality of Joutel, wrong the Poirier and Dalet Townships. The spot comprises 52 staked claims.

"Bold Ventures secures caller claims adjacent Joutel Property successful Canada" was primitively created and published by Mining Technology, a GlobalData owned brand.

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