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Bold Ventures Inc.

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Summary

Project:

Lac Surprise

Deposit:Amber Zone
Location:Canada
Commodities:Gold
Date:7/11/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-7-2016: Bold Ventures Inc. announces an Exploration/Drilling Update report for its Amber Zone deposit at the Lac Surprise project. JV with Northern Superior Resources - drilling results incl. 4.85m @ 2.26g/t Au from 68m. Toronto, Ontario, July 11, 2016
Resources:x
CP/QP:[Overall Report]: Tracy Armstrong (Not stated)
ABSTRACT:Toronto, Ontario, July 11, 2016- Bold Ventures Inc. (TSX.V:BOL)(“Bold”) and Northern Superior Resources Inc. (TSX.V:SUP)(“Northern Superior”) are pleased to announce the results of the Amber Zone drilling program on the Lac Surprise gold property, west- central Québec. The program consisted of over 1,700m of drilling in 12 diamond drill holes. The drilling program focused on the recently discovered Amber showing where encouraging gold assay values from grab samples (ranging from 0.81 to 28.6 g/t Au) and channel samples (0.02 up to 10 g/t Au over 1 m, including 26.1 g/t Au over 0.5 m) were reported (see press release, February 17, 2015). The Amber showing is one of seven new gold showings discovered on the Lac Surprise property during the successful 2014 prospecting and trenching programs. In June of 2015, soil sampling and Frequency Domain Induced Polarization surveys were carried out in the vicinity of the Amber Zone gold showing. As a result, three anomalous, generally east-west IP highchargeability trends were delineated: 1) the South Trend, associated with the Amber Gold showings; 2) the Central Trend, approximately 500m north of the Southern Trend; and 3) the North Trend located approximately 500m north of the Central Trend.

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