“We only started drilling a few weeks ago, and we will continue to drill for a while,” MacLachlan said, highlighting the start of the program after a high-grade discovery in 2025.
“This drill program is partly a follow-up to a discovery we made last year where we had samples up to 68 grams of gold,” he added. “And so this drilling program will hopefully help us better understand the geology.”
Additional targets will also be tested throughout the site, including extensions of the Moss Lake gold deposit strike and a historic copper display.
MacLachlan emphasized that the company’s recent financings have strengthened its ability to efficiently deliver the winter program.
“We recently raised just under $400,000 in November, over $700,000 in December, and last week we closed another $200,000, so we have a fair amount of money in the bank,” he said.
Looking ahead, MacLachlan linked the drilling program to broader strategic opportunities in Ontario’s Ring of Fire.
“One thing that can hopefully happen later this summer is that they start building the road to the Ring of Fire, where Bold has a 10 percent interest in the Black Horse chromite deposit,” he said. “So if that road gets built, it could be critical for Bold.”
Watch the full interview with Bold Ventures President and COO Bruce MacLachlan above.
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