Ring of Fire Project Highlights

Claims: 1,106
Acres (approx):
Hectares (approx):

McFaulds Lake, Kenora District ONTARIO – 52°46’N 86°03’W

Located approximately 530 km north-northwest of Thunder Bay, the claim groups are situated in and around the area dubbed the Ring of Fire after a series of mineral discoveries commencing in August of 2007. Also registered in Rencore’s name – 30 claims, 450 claim units, 7,200 Ha, 17,792 Acres.

Option Agreements

The Bold Ring of Fire Claims are subject to an Option Agreement with a wholly owned subsidiary (2282726 Ontario Ltd.) of Dundee Corporation (“Dundee”) signed on May 31, 2011. Dundee will earn a 33.33% interest in Bold’s Ring of Fire activities (“Bold’s ROF Project”) by funding $2.5 million of exploration work.

Upon completion of this option to earn-in, a joint venture will be formed between Dundee and Bold giving Dundee the right to participate for up to 33.33% in Bold’s ROF Project by funding its portion of the project’s budget (see Bold Press Releases dated April 12, 2011 and May 31, 2011).

2282726 Ontario Limited has earned a 33 and 1/3 % interest in Bold’s Areas 55, 55E, 56 to 72 incl. A draft Joint Venture Agreement has been forwarded for review and execution.

Traxxin drill results are in!

Keep informed of Bold Ventures exploration for precious, battery and base metals. 
Bold Ventures Inc. 2021