# Bold Ventures Discovers Rare Earth Element System at Burchell Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124

Original source: https://money.tmx.com/en/quote/BOL/news/6845874624009599/bold-ventures-discovers-rare-earth-element-system-at-burchell-project

Publisher: tmx

Original announcement: 2026-06-03T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Bold Ventures Inc.

- Ticker: BOL

- Exchange: TSX

- Region: Ontario

- Primary commodity: Rare earth elements

- Secondary commodities: Strontium, Barium, Calcium, Phosphorus

- Document categories: Drill results

- Extracted: 2026-08-23 02:36:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Bold Ventures has discovered a new rare earth element system at its Burchell Project in Ontario, with initial drilling intersecting 55.2 meters averaging 1022 ppm Total Rare Earth Oxides \(TREO\) in hole BL-26-05A. This wide intercept includes 29% Magnet Rare Earth Oxides \(MREOs\) and is associated with pathfinder elements characteristic of fertile alkaline-carbonatite systems. The mineralization remains open at depth and in all directions, indicating significant exploration potential along the 6 km Hermia Pluton.

Reasoning: Bold Ventures announced the discovery of a new rare earth element system at its Burchell Project, with drillhole BL-26-05A intersecting 55.2 meters averaging 1022 ppm TREO, including 29% MREOs. The wide intercept, presence of pathfinder elements, and open mineralization indicate significant exploration potential for critical metals.

- Positive factor: Discovery of a new rare earth element system

- Positive factor: Wide mineralized intercept \(55.2 m\)

- Positive factor: Significant percentage of Magnet Rare Earth Oxides \(MREOs\) \(29%\)

- Positive factor: Mineralization open at depth and in all directions

- Positive factor: Presence of characteristic pathfinder elements \(Sr, Ba, Ca, P\) suggesting a fertile alkaline-carbonatite system

- Positive factor: Large exploration potential along 6 km of the Hermia Pluton

- Positive factor: Accredited laboratory \(AGAT\) and QA/QC protocols disclosed

- Positive factor: Critical metals for EV, clean energy, aerospace, and defense applications

- Negative factor: True widths of mineralization are unknown at this time

- Negative factor: Significant results reported from only one drillhole \(BL-26-05A\) so far

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

Facts used in scoring: 23

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 55.2 meters at 1022 ppm TREO, including 29% MREOs, represents a significant discovery of a critical metal system over a substantial width.

Evidence · text

> Hole BL-26-05A returned a mineralized interval averaging 1022 ppm \(0.1%\) Total Rare Earth Oxides \(TREO\) over 55.2 meters, within syenite intruded by carbonate veining. 29% of the TREOs are composed of the Magnet Rare Earth Oxides \(MREOs\)

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The discovery of a previously unrecognized REE system in the Hermia Pluton, which occupies a 6 km stretch, indicates significant potential for extending mineralization.

Evidence · text

> The geological entity hosting the mineralization, the Hermia Pluton, occupies a 6 km stretch in the northern part of the Burchell Property, indicating an expansive, previously unrecognized REE exploration potential on the Property.

**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 details QA/QC protocols including the use of an ISO/IEC 17025 accredited laboratory \(AGAT\), insertion of blanks and standards, and duplicate analysis, with QP approval.

Evidence · text

> Core samples were cut by diamond saw under supervision of the QP, placed in sealed bags, and driven to AGAT Laboratories in Thunder Bay, 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: The document explicitly states that true widths of mineralization are unknown at this time.

Evidence · text

> True widths of mineralization are unknown at this time.

## Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

## Drill Results (23)

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-0)

Burchell Project · total rare earth oxides

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: total rare earth oxides
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 1022
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: This is a significant discovery intercept of 55.2 m at 1022 ppm TREO, including 29% MREOs, indicating a new, potentially large rare earth element system open in all directions.

- Positive factor: Discovery of a new rare earth element system

- Positive factor: Wide mineralized intercept \(55.2 m\)

- Positive factor: Significant percentage of Magnet Rare Earth Oxides \(MREOs\) \(29%\)

- Positive factor: Mineralization open at depth and in all directions

- Positive factor: Presence of characteristic pathfinder elements suggesting a fertile alkaline-carbonatite system

- Positive factor: Large exploration potential along 6 km of the Hermia Pluton

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

- Positive factor: Critical metals for EV, clean energy, aerospace, and defense applications

- Negative factor: True widths of mineralization are unknown

Evidence · text

> Hole BL-26-05A returned a mineralized interval averaging 1022 ppm \(0.1%\) Total Rare Earth Oxides \(TREO\) over 55.2 meters

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-1)

Burchell Project · cerium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: cerium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 438.4
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Cerium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 438.4

Context: CeO2 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-2)

Burchell Project · lanthanum oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: lanthanum oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 171.3
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Lanthanum oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 171.3

Context: La2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-3)

Burchell Project · praseodymium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: praseodymium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 56.5
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Praseodymium oxide is a component of the MREOs within the newly discovered REE system, contributing to its critical metal potential.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Component of Magnet Rare Earth Oxides \(MREOs\)

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 56.5

Context: Pr6O11 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-4)

Burchell Project · neodymium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: neodymium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 226.7
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Neodymium oxide is a key component of the MREOs within the newly discovered REE system, highlighting its critical metal value.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Significant component of Magnet Rare Earth Oxides \(MREOs\)

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 226.7

Context: Nd2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-5)

Burchell Project · samarium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: samarium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 36
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Samarium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 36

Context: Sm2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-6)

Burchell Project · europium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: europium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 8.8
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Europium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 8.8

Context: Eu2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-7)

Burchell Project · gadolinium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: gadolinium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 22.7
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Gadolinium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 22.7

Context: Gd2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-8)

Burchell Project · terbium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: terbium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 2.2
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Terbium oxide is a component of the MREOs within the newly discovered REE system, contributing to its critical metal potential.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Component of Magnet Rare Earth Oxides \(MREOs\)

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 2.2

Context: Tb4O7 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-9)

Burchell Project · dysprosium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: dysprosium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 9.3
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Dysprosium oxide is a component of the MREOs within the newly discovered REE system, contributing to its critical metal potential.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Component of Magnet Rare Earth Oxides \(MREOs\)

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 9.3

Context: Dy2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-10)

Burchell Project · holmium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: holmium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 1.5
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Holmium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 1.5

Context: Ho2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-11)

Burchell Project · erbium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: erbium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 3.25
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Erbium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 3.25

Context: Er2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-12)

Burchell Project · thulium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: thulium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 0.4
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Thulium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 0.4

Context: Tm2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-13)

Burchell Project · ytterbium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: ytterbium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 2.3
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Ytterbium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 2.3

Context: Yb2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-14)

Burchell Project · lutetium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: lutetium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 0.3
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Lutetium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 0.3

Context: Lu2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-15)

Burchell Project · yttrium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: yttrium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 42
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Yttrium oxide is a component of the newly discovered REE system, contributing to the overall TREO grade over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 42

Context: Y2O3 ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-16)

Burchell Project · light rare earth oxides

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: light rare earth oxides
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 928.9
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Light Rare Earth Oxides \(LREO\) constitute a significant portion of the newly discovered REE system over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 928.9

Context: LREO ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-17)

Burchell Project · heavy rare earth oxides

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: heavy rare earth oxides
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 92.75
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Heavy Rare Earth Oxides \(HREO\) are present in the newly discovered REE system over a wide intercept.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 92.75

Context: HREO ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-18)

Burchell Project · magnet rare earth oxides

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: magnet rare earth oxides
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 294.7
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Magnet Rare Earth Oxides \(MREO\) are a key component of the newly discovered REE system, representing critical metals for high-tech applications.

- Positive factor: Part of a new rare earth element system discovery

- Positive factor: Wide mineralized intercept

- Positive factor: Significant component of critical Magnet Rare Earth Oxides \(MREOs\)

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 294.7

Context: MREO ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-19)

Burchell Project · calcium oxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: calcium oxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 14.3
- Grade Unit: %
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Elevated calcium oxide content is a key pathfinder element supporting the interpretation of a fertile alkaline-carbonatite REE system.

- Positive factor: Pathfinder element for fertile alkaline-carbonatite REE systems

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 14.3

Context: CaO %

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-20)

Burchell Project · phosphorus pentoxide

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: phosphorus pentoxide
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 0.9
- Grade Unit: %
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Anomalous phosphorus pentoxide content is a key pathfinder element, potentially indicating REE-bearing phosphate minerals within the system.

- Positive factor: Pathfinder element for fertile alkaline-carbonatite REE systems

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 0.9

Context: P2O5 %

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-21)

Burchell Project · strontium

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: strontium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 3244.6
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Elevated strontium values \(>3,000 ppm\) are a significant pathfinder, commonly associated with carbonatite magmatism and REE-bearing carbonate systems.

- Positive factor: Significant pathfinder element for fertile alkaline-carbonatite REE systems

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 3244.6

Context: Sr ppm

### BL-26-05A

[Link to this fact](https://atlas-staging.minestarters.com/news/bold-ventures-discovers-rare-earth-element-system-at-burchell-project--64320b12-c9a2-4115-b2ca-f89f9d120124#fact-drill-facts-22)

Burchell Project · barium

#### Identity

- Hole ID: BL-26-05A
- Project: Burchell Project
- Commodity: barium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: BOL

#### Geometry

- Grade: 2287.5
- Grade Unit: ppm
- Intercept: 55.2 m
- From: 55.8 m
- To: 111 m
- Hole Depth: 111 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: BL-26-05A:55.8-111

#### Location

- Easting: 673935
- Northing: 5382015
- Elevation: 457 m
- Azimuth: 345 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: AGAT Laboratories
- 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: 2026-06-03T00:00:00.000Z

Reasoning: Elevated barium suggests the involvement of evolved magmatic-hydrothermal fluids capable of concentrating incompatible elements, including REEs.

- Positive factor: Pathfinder element for fertile alkaline-carbonatite REE systems

- Positive factor: Wide mineralized intercept

- Positive factor: Accredited laboratory and QA/QC protocols disclosed

Evidence · table

> 2287.5

Context: Ba ppm

## 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.