# Bold Ventures Announces Partial Results of First Phase of Drilling at Burchell

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6

Original source: https://money.tmx.com/en/quote/BOL/news/4787727474843521/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell

Publisher: tmx

Original announcement: 2026-03-19T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Bold Ventures Inc.

- Ticker: BOL

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Copper, Zinc

- Document categories: Drill results

- Extracted: 2026-08-23 02:42:42 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Bold Ventures announced partial results from the first phase of drilling at its Burchell Project, with initial holes BL-26-01 and BL-26-02 confirming a wide gold-copper-zinc mineralized system. The drilling intersected multiple zones of mineralization, including 19.0 meters at 0.42 g/t gold and 25.25 meters at 0.26% zinc, with some higher-grade gold spikes over narrower intervals. These early results are considered positive for defining the extent of mineralization in a previously untested area, despite the generally low grades reported.

Reasoning: The initial drill results confirm the presence of a wide gold and base metal system in a previously unexplored zone, which is positive for early-stage exploration. However, the reported grades are generally low, limiting the immediate economic significance of these specific intercepts.

- Positive factor: First-pass drilling confirming a wide mineralized system

- Positive factor: Presence of gold, copper, and zinc mineralization

- Positive factor: Good QA/QC disclosure with accredited lab and QP sign-off

- Negative factor: Gold grades are generally low for orogenic deposit type

- Negative factor: Base metal grades are also low

- Negative factor: No true width reported for intercepts

- Negative factor: Cut-off grades for compositing are not disclosed

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 11

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release explicitly mentions using Activation Laboratories \(Actabs\), an ISO / IEC 17025 accredited laboratory, and details the insertion of blanks, standards, and duplicates, with QP sign-off.

Evidence · text

> Core samples were cut by diamond saw under supervision of the QP, placed in sealed bags, and driven to Activation Laboratories \(Actabs\) in Thunder Bay, which is an ISO / IEC 17025 accredited laboratory. Blank and standard certified reference material were inserted into the sample sequence at a rate of 4% each, with an additional 4% of samples designated for duplicate analysis of the sample reject.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All reported intercepts are given as downhole lengths \(e.g., '19.0 meters', '5.0 meters'\) without any mention or estimation of true width or drill orientation relative to structure.

Evidence · text

> The gold zone returned 0.42 g/t Au over 19.0 meters , including 1.1 g/t Au over 5.0 meters , including 2.7 g/t Au over 1.0 meter .

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The announcement states these are the 'first two holes ever drilled into the 111 Zone' and BL-26-02 was 'drilled 50 meters along strike to the northeast of BL-26-01', indicating exploration to extend known mineralization.

Evidence · text

> The first two holes ever drilled into the 111 Zone confirmed the presence of a wide anomalous gold and base metal system below surface, with local higher-grade spikes.

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document reports various gold, copper, and zinc intercepts but does not state any cut-off grade used for compositing these intervals.

Evidence · text

> The gold zone returned 0.42 g/t Au over 19.0 meters , including 1.1 g/t Au over 5.0 meters , including 2.7 g/t Au over 1.0 meter .

## Extracted facts

Stored fact records: 11. Some facts used in scoring do not have a stored record.

## Drill Results (11)

### BL-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-0)

Burchell Project · gold

#### Identity

- Hole ID: BL-26-01
- Project: Burchell Project
- Commodity: gold
- Ticker: BOL

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 19 m
- From: 25 m
- To: 44 m
- Hole Depth: 99 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-01:25.0-44.0
- Mining Method: unknown

#### Location

- Easting: 676847
- Northing: 5380291
- Elevation: 483 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization in a new zone with moderate width, but the grade is low compared to typical orogenic gold deposits.

- Positive factor: Confirms gold mineralization in a new zone

- Positive factor: Moderate intercept width

- Negative factor: Low gold grade for orogenic deposit type

- Negative factor: No true width reported

Evidence · table

> 0.42 g/t Au over 19.0 m

Context: 19

### BL-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-1)

Burchell Project · gold

#### Identity

- Hole ID: BL-26-01
- Project: Burchell Project
- Commodity: gold
- Ticker: BOL

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 5 m
- From: 39 m
- To: 44 m
- Hole Depth: 99 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-01:39.0-44.0
- Mining Method: unknown

#### Location

- Easting: 676847
- Northing: 5380291
- Elevation: 483 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade, indicating local higher-grade zones within the broader mineralization, which is positive for early exploration.

- Positive factor: Moderate gold grade for early exploration

- Positive factor: Sub-interval within a wider zone

- Negative factor: Narrow intercept width

- Negative factor: No true width reported

Evidence · table

> 1.1 g/t Au over 5.0 m

Context: 5

### BL-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-2)

Burchell Project · gold

#### Identity

- Hole ID: BL-26-01
- Project: Burchell Project
- Commodity: gold
- Ticker: BOL

#### Geometry

- Grade: 2.7
- Grade Unit: g/t
- Intercept: 1 m
- From: 43 m
- To: 44 m
- Hole Depth: 99 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-01:43.0-44.0
- Mining Method: unknown

#### Location

- Easting: 676847
- Northing: 5380291
- Elevation: 483 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This very narrow intercept shows a strong gold grade, indicating the presence of high-grade spikes within the system, which is encouraging for further exploration.

- Positive factor: Strong gold grade for early exploration

- Positive factor: Highest grade intercept reported

- Negative factor: Very narrow intercept width

- Negative factor: No true width reported

Evidence · table

> 2.7 g/t Au over 1.0 m

Context: 1

### BL-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-3)

Burchell Project · copper

#### Identity

- Hole ID: BL-26-01
- Project: Burchell Project
- Commodity: copper
- Ticker: BOL

#### Geometry

- Grade: 0.18
- Grade Unit: %
- Intercept: 9 m
- From: 25 m
- To: 34 m
- Hole Depth: 99 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-01:25.0-34.0
- Mining Method: unknown

#### Location

- Easting: 676847
- Northing: 5380291
- Elevation: 483 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization with moderate width, but the grade is low, indicating an anomalous zone rather than economic grades.

- Positive factor: Confirms copper mineralization in a new zone

- Positive factor: Moderate intercept width

- Negative factor: Low copper grade

- Negative factor: No true width reported

Evidence · table

> 0.18% Cu over 9.0 m

Context: 9

### BL-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-4)

Burchell Project · zinc

#### Identity

- Hole ID: BL-26-01
- Project: Burchell Project
- Commodity: zinc
- Ticker: BOL

#### Geometry

- Grade: 0.33
- Grade Unit: %
- Intercept: 19 m
- From: 15 m
- To: 34 m
- Hole Depth: 99 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-01:15.0-34.0
- Mining Method: unknown

#### Location

- Easting: 676847
- Northing: 5380291
- Elevation: 483 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms zinc mineralization with moderate width, but the grade is low, indicating an anomalous zone rather than economic grades.

- Positive factor: Confirms zinc mineralization in a new zone

- Positive factor: Moderate intercept width

- Negative factor: Low zinc grade

- Negative factor: No true width reported

Evidence · table

> 0.33% Zn over 19.0 m

Context: 19

### BL-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-5)

Burchell Project · zinc

#### Identity

- Hole ID: BL-26-01
- Project: Burchell Project
- Commodity: zinc
- Ticker: BOL

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 5 m
- From: 43 m
- To: 48 m
- Hole Depth: 99 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-01:43.0-48.0
- Mining Method: unknown

#### Location

- Easting: 676847
- Northing: 5380291
- Elevation: 483 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms zinc mineralization with low grade and narrow width, indicating a minor anomalous zone.

- Positive factor: Confirms zinc mineralization

- Negative factor: Low zinc grade

- Negative factor: Narrow intercept width

- Negative factor: No true width reported

Evidence · table

> 0.20% Zn over 5.0 m

Context: 5

### BL-26-02

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-6)

Burchell Project · gold

#### Identity

- Hole ID: BL-26-02
- Project: Burchell Project
- Commodity: gold
- Ticker: BOL

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 4 m
- From: 22 m
- To: 26 m
- Hole Depth: 102 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-02:22.0-26.0
- Mining Method: unknown

#### Location

- Easting: 676889
- Northing: 5380328
- Elevation: 478 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms very low-grade gold mineralization along strike, indicating continuity of the anomalous system.

- Positive factor: Confirms gold mineralization along strike

- Negative factor: Very low gold grade

- Negative factor: Narrow intercept width

- Negative factor: No true width reported

Evidence · table

> 0.19 g/t Au over 4.0 m

Context: 4

### BL-26-02

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-7)

Burchell Project · gold

#### Identity

- Hole ID: BL-26-02
- Project: Burchell Project
- Commodity: gold
- Ticker: BOL

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 4 m
- From: 34 m
- To: 38 m
- Hole Depth: 102 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-02:34.0-38.0
- Mining Method: unknown

#### Location

- Easting: 676889
- Northing: 5380328
- Elevation: 478 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms very low-grade gold mineralization along strike, indicating continuity of the anomalous system.

- Positive factor: Confirms gold mineralization along strike

- Negative factor: Very low gold grade

- Negative factor: Narrow intercept width

- Negative factor: No true width reported

Evidence · table

> 0.16 g/t Au over 4.0 m

Context: 4

### BL-26-02

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-8)

Burchell Project · copper

#### Identity

- Hole ID: BL-26-02
- Project: Burchell Project
- Commodity: copper
- Ticker: BOL

#### Geometry

- Grade: 0.32
- Grade Unit: %
- Intercept: 0.8 m
- From: 23.2 m
- To: 24 m
- Hole Depth: 102 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-02:23.2-24.0
- Mining Method: unknown

#### Location

- Easting: 676889
- Northing: 5380328
- Elevation: 478 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This very narrow intercept confirms low-grade copper mineralization, indicating minor presence of the metal.

- Positive factor: Confirms copper mineralization

- Negative factor: Very narrow intercept width

- Negative factor: Low copper grade

- Negative factor: No true width reported

Evidence · table

> 0.32% Cu over 0.8 m

Context: 0.8

### BL-26-02

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-9)

Burchell Project · zinc

#### Identity

- Hole ID: BL-26-02
- Project: Burchell Project
- Commodity: zinc
- Ticker: BOL

#### Geometry

- Grade: 0.26
- Grade Unit: %
- Intercept: 25.25 m
- From: 3 m
- To: 28.25 m
- Hole Depth: 102 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-02:3.0-28.25
- Mining Method: unknown

#### Location

- Easting: 676889
- Northing: 5380328
- Elevation: 478 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This wide intercept confirms broad, low-grade zinc mineralization along strike, indicating a significant anomalous zone. The pending over-range result adds some uncertainty but potential upside.

- Positive factor: Confirms broad zinc mineralization along strike

- Positive factor: Wide intercept length

- Negative factor: Low zinc grade

- Negative factor: No true width reported

- Negative factor: Over-range result treated as 1% Zn, actual value pending

Evidence · table

> 0.26% Zn over 25.25 m\*

Context: 25.25

### BL-26-02

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-announces-partial-results-of-first-phase-of-drilling-at-burchell--10d90873-ec57-4ac6-a000-44befef8d0b6#fact-drill-facts-10)

Burchell Project · zinc

#### Identity

- Hole ID: BL-26-02
- Project: Burchell Project
- Commodity: zinc
- Ticker: BOL

#### Geometry

- Grade: 0.19
- Grade Unit: %
- Intercept: 7 m
- From: 34 m
- To: 41 m
- Hole Depth: 102 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-02:34.0-41.0
- Mining Method: unknown

#### Location

- Easting: 676889
- Northing: 5380328
- Elevation: 478 m
- Azimuth: 329 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories \(Actabs\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-19T00:00:00.000Z

Reasoning: This intercept confirms low-grade zinc mineralization with narrow width, indicating a minor anomalous zone.

- Positive factor: Confirms zinc mineralization

- Negative factor: Low zinc grade

- Negative factor: Narrow intercept width

- Negative factor: No true width reported

Evidence · table

> 0.19% Zn over 7.0 m

Context: 7

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.