Bold Ventures Inc. (TSXV: BOL) (OTCQB: BVLDF) has announced preliminary results from its Fall 2026 channel sampling program at the Traxxin Project, located 130 kilometres west-northwest of Thunder Bay, Ontario. Thirty channel samples returned gold values ranging from 0.009 to 24.8 g/t, with six samples exceeding 5 g/t gold — the highest channel sample grades recorded to date at the Traxxin Main Zone. The company also highlighted that the federal government has matched Ontario's $1 billion pledge toward Ring of Fire road construction, where Bold holds mineral rights including a 10% carried interest in the Black Horse Chromite Deposit.

Key Points

  • Bold Ventures Inc. (TSXV: BOL) (OTCQB: BVLDF) is a Toronto-based precious, battery, and critical metals explorer active in Ontario's Thunder Bay and Wawa regions
  • Thirty channel samples from the Traxxin Main Zone returned up to 24.8 g/t gold, with 11 samples exceeding 1 g/t and six exceeding 5 g/t — the highest values from channel sampling at this zone to date
  • Results from 84 additional channel samples are pending; the program targeted the up-dip projection of hole TX-26-02, which previously returned 100.7 g/t gold over 2.95 metres
  • Investors may be watching the pending 84-sample batch and the company's disclosed plan to use final channel sampling results to target upcoming drilling

Traxxin Main Zone Delivers Highest Channel Sample Gold Grades on Record

Mechanical stripping and channel sampling at the Traxxin Main Zone focused on the up-dip projection of a mineralised quartz vein intersected in drill hole TX-26-02, which returned 100.7 g/t gold over 2.95 metres earlier in 2026. The 30 completed channel samples yielded gold values between 0.009 and 24.8 g/t, with the top result of 24,800 ppb gold recorded in sample C277131. Bold's technical team states these results represent both the highest individual gold values and the densest concentration of anomalous gold from channel sampling at the Traxxin Main Zone to date, supporting the hypothesis that the eastern side of the more than 20-metre-wide Traxxin shear zone may be particularly enriched in gold mineralisation.

Additional Sampling Underway as Bold Eyes Upcoming Drill Targeting at Traxxin

Beyond the 30 samples already reported, Bold has completed additional mechanical stripping and channel sampling along strike from the gold-bearing vein along the eastern edge of the Traxxin Main Zone, with results from 84 additional channel samples currently pending laboratory return. President and COO Bruce MacLachlan stated that "the program's success reflects the Company's evolving understanding of the Traxxin gold system, and final channel sampling results should greatly aid in targeting the upcoming drilling." All samples were analysed by Activation Laboratories in Thunder Bay, an ISO/IEC 17025 accredited facility, using fire assay methods with gravimetric finish for over-limit results above 5 g/t.

Federal Government Matches Ontario's $1 Billion Ring of Fire Road Commitment

Bold also drew attention to a significant infrastructure development in the Ring of Fire region of Ontario's James Bay Lowlands, where the company holds mineral rights including a 10% carried interest in the Black Horse Chromite Deposit. The federal government has matched Ontario's $1 billion pledge toward road construction to the Ring of Fire, forming part of a broader $9-billion package directed at critical mineral development and downstream steel and automotive industries. Bold Ventures stated it applauds this milestone and shares the governments' desire for urgent action on critical mineral development in the region.