# Bold Ventures Provides Update on Burchell Drilling Progress and Announces PDAC Participation at Booth \#2610 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/bold-ventures-provides-update-on-burchell-drilling-progress-and-announces-pdac-p--96145323-3f20-4d14-add7-5dc5eccd8d35 Original source: https://money.tmx.com/en/quote/BOL/news/6170113517878773/bold-ventures-provides-update-on-burchell-drilling-progress-and-announces-pdac-p Publisher: tmx Original announcement: 2026-02-28T13:00:00.000Z 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: Gold - Secondary commodities: Chromium - Document categories: Drill results, Resource update, Other - Extracted: 2026-09-15 15:06:39 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Bold Ventures provides an update on its Burchell project, noting that 669 meters of diamond drilling have been completed with results pending. The company also highlights its participation in the upcoming PDAC convention and provides context on its Koper Lake Project resource. Reasoning: The release provides a progress update on drilling with results still pending, which is routine, but also mentions historical high-grade grab samples and existing resource context. - Positive factor: drilling progress update - Positive factor: new drilling commenced at Wilcorp - Negative factor: assay results pending Facts used in scoring: 2 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Black Horse deposit resource is classified as Inferred. Evidence · text > hosts an NI 43-101 Inferred Resource **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource is reported as an NI 43-101 Inferred Resource. Evidence · text > hosts an NI 43-101 Inferred Resource ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/bold-ventures-provides-update-on-burchell-drilling-progress-and-announces-pdac-p--96145323-3f20-4d14-add7-5dc5eccd8d35#fact-drill-facts-0) Burchell Base and Precious Metals · gold Historical result Needs review: historical\_restatement #### Identity - Project: Burchell Base and Precious Metals - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: BOL #### Geometry - Grade: 68 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-01-09T00:00:00.000Z #### Dates - Event date: 2026-02-28T00:00:00.000Z Reasoning: Historical grab sample reported at 68 g/t Au. - Positive factor: high grade grab sample Evidence · text > one grab sample from December 2024 returned 68 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/bold-ventures-provides-update-on-burchell-drilling-progress-and-announces-pdac-p--96145323-3f20-4d14-add7-5dc5eccd8d35#fact-resource-facts-1) Koper Lake Project · chromium Historical result Needs review: historical\_restatement #### Identity - Project: Koper Lake Project - Commodity: chromium - Region: canada\_on - Reported Region: Ontario - Ticker: BOL #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:340bad70da9d8c44fbd8 - Deposit or zone: Black Horse Chromite deposit #### Resource Data - Category: inferred - Tonnes: 85900000 - Grade: 34.5 - Grade Unit: % Cr 2 O 3 - Cutoff Grade: 20 - Cutoff Unit: % Cr 2 O 3 #### Prior Estimate - Resource Date: 2015-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2015-01-01T00:00:00.000Z #### Dates - Event date: 2026-02-28T00:00:00.000Z Reasoning: Historical NI 43-101 resource for the Black Horse deposit. - Positive factor: significant tonnage - Positive factor: high grade chromium - Negative factor: inferred category Evidence · text > 85.9 Mt grading 34.5% Cr 2 O 3 at a cut-off of 20% Cr 2 O 3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 11.2 years before this release ## 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.