Bold Ventures Inc. has initiated a follow-up exploration program at the Traxxin Gold Project, located 130 kilometers west-northwest of Thunder Bay, Ontario, in preparation for diamond drilling scheduled to commence in the coming weeks.

The upcoming campaign will target a high-grade gold-bearing vein intersected in hole TX-26-02 and a newly identified parallel shear zone to the east. The work follows the receipt of final results from the company's Spring 2026 diamond drilling program at the Traxxin Main Zone, which totaled 483 meters across two holes.

Drillhole TX-26-02, testing the east side of the Main Zone, previously returned 100.7 g/t gold over 2.95 meters within a quartz vein hosting numerous specks of visible gold, with a true width estimated between two and three meters. That interval included a sub-interval averaging 476 g/t gold over 0.60 meters. An anomalous gold zone intersected further downhole in TX-26-02 provided the first direct evidence of a parallel gold-bearing shear zone to the east.

The second hole of the spring program, TX-26-01, was collared further west than any previous drilling on the property as a step-back from 2021 drillhole BV-21-04, which had yielded 3.6 g/t gold over 12.3 meters. Hole TX-26-01 intersected anomalous gold values including 0.63 g/t gold over 1.0 meter and 0.60 g/t gold over 0.48 meters within shear-fracture zones with quartz veinlets hosted in tonalite.

The target vein was originally intersected in 2017 by drillhole BED-17-005, returning 6.59 g/t gold over 2.7 meters, and was later exposed during a 2021 mechanical stripping program that yielded 9.1 g/t gold over 0.9 meters in channel sampling. However, the vein's high-grade potential was fully appreciated only with the 2026 drill program, which yielded the best visible gold since the Main Zone's discovery.

Bold Ventures acquired a 100% working interest in the Traxxin Project in September 2024 following the completion of option agreement requirements.

Read the full announcement: Bold Ventures to Drill at Traxxin Gold Project