Uncover Valuable Minerals with Daring Ventures in Canada

Investor Perception

A Canadian exploration firm poised for discovery, Daring Ventures is targeted on the exploration and growth of high-potential valuable and battery minerals initiatives in tier 1 jurisdictions in Canada.

Overview

Daring Ventures (TSXV:BOL) is a Canadian mineral exploration firm specializing in battery, vital and valuable metals situated in Northern Ontario and Quebec. The corporate’s asset portfolio demonstrates its give attention to these commodities to create constant worth with gold and meet the rising demand for battery and vital metals.

Daring Ventures’ key initiatives are situated inside three energetic areas all through Ontario: Thunder Bay West, Wawa West and the Ring of Hearth camp situated within the James Bay Lowlands. The Thunder Bay properties host gold and copper mineralization, whereas the Wawa and Ring of Hearth properties have copper, gold, and chromium mineralization with further potential for zinc, nickel, silver and PGE mineralization. The newly added Springpole East gold and Joutel gold and base metallic initiatives broaden Daring’s footprint into further high-potential areas.

The Burchell gold and copper mission, west of Thunder Bay, is Daring’s flagship property with a newly found high-grade gold prevalence in addition to historic drill intersections of extremely anomalous gold and copper. The mission is ideally positioned subsequent to Goldshore Assets Inc.’s Moss Gold Venture internet hosting the Moss Gold Deposit of almost 6 million ounces of gold within the indicated and inferred useful resource classes.

The 100% owned Traxxin gold mission, west of Thunder Bay, has proven quite a few high-grade gold intersections in drilling. The mission is a three way partnership between Daring Ventures, because the operator, and Lac des Mille Lacs First Nation, the place the three way partnership can earn as much as 100% of the property.

An skilled crew of explorers leads the corporate towards absolutely realizing the potential of its portfolio. The corporate’s management crew has participated in three important world-class discoveries, together with:

• Eagle River Mine: Found in 1987 by Central Crude/Noranda and has produced over 1 million ounces (Moz) of gold.
• Windfall Lake: Found by Noront circa 2006, at the moment owned by Osisko (bought by Goldfields for $2.16B), it comprises 4.1 Moz @ 11.4 grams per ton (g/t) gold indicated and three.3 Moz gold @ 8.4 g/t gold inferred for a complete of seven.4 Moz gold in all classes.
• Ring of Hearth Deposits: Found in 2007 and comprise a number of important deposits together with Eagle’s Nest, Eagle Two and Blue Jay (AT-12) Nickel-Copper Huge Sulphide Deposits, Blackbird Chromite Deposit and Thunderbird Vanadium Incidence.

This wealth of expertise permits Daring Ventures to strategically purchase undervalued belongings and apply subtle exploration methods to determine important mineral deposits.

Firm Highlights

• Daring Ventures is a Canadian mineral exploration firm centered on exploring and creating its valuable and important mineral initiatives in Northern Ontario.
• The corporate owns and operates a number of initiatives all through three key areas of Ontario: Thunder Bay West, Wawa West and the James Bay Lowlands-Ring of Hearth.
• The corporate has been advancing its copper and gold initiatives to the drill stage.
• The Burchell gold and copper mission is situated 100 km west of Thunder Bay and enjoys main street entry, rail, energy, and an skilled mineral exploration workforce and mining provide situated inside hours of the property. The mission hosts the newly found (Nov 2024) 111 Gold Zone in addition to historic gold anomalies on floor and drill core alongside strike from the Moss Deposit to the west, owned by Goldshore Assets Inc.
• The Traxxin gold mission is situated 130 km west of Thunder Bay and is equally accessible. It boasts the Firm’s finest gold intersection in drill core which is hosted in the same geological setting to Agnico Eagle’s Hammond Reef Gold Deposit within the district.
• The Koper Lake mission is situated inside 300 meters of Ring of Hearth Metals’ (previously Wyloo/Noront) flagship Eagle’s Nest Nickel-Copper deposit. It hosts a big chromite useful resource and engaging nickel potential.
• Daring Ventures continues to broaden its portfolio with two promising new acquisitions – the Springpole East gold mission in Ontario and Joutel gold and base metals initiatives in Quebec – each strategically positioned in established mining districts.
• Daring Ventures’ administration crew has a long time of expertise inside the mining sector. The administration and technical groups have participated in three world-class discoveries and have the proper expertise to information the corporate towards its targets.

Key Tasks

Burchell Gold and Battery Metals Venture

The Burchell declare group covers 4,607 hectares (11,384 acres) comprising 242 claims and is situated 100 kilometers west of the port metropolis of Thunder Bay in Northwestern Ontario. The mission is road-accessible south of the Trans-Canada Freeway 11.

Venture Highlights:

• Positioned within the Western Shebandowan Greenstone Belt: The Burchell mission is situated on this high-potential, energetic mineral belt and comprises copper, gold, silver, nickel, zinc, molybdenum and different minerals.
• Contiguous with Vital Gold Property: The Burchell property is contiguous with Goldshore Assets’ Moss gold mission. The Moss Lake gold deposit lies inside a serious 25 km NE-trending structural hall which additionally hosts the past-producing North Coldstream Mine and the East Coldstream gold deposit. Roughly 1.8 km of this mineralized pattern lies within the NW nook of the Burchell property, internet hosting historic gold occurrences.
• New Discovery (November 2024): A brand new zone referred to as “111 Zone” was found within the heart of the property, located inside a outstanding magnetic low. Samples ranged from 10 ppb gold to 68 g/t gold in sheared, silicified, sericitized volcanic rocks. Historic trenches alongside strike to SW of 111 Zone in SW nook of property yielded rock samples as much as 42 g/t gold. Historic Newmont drilling within the NW nook of the property returned 0.9 g/t gold over 6.4 m.
• Current MMI Samples (November 2024): Soil samples within the NW nook of the property, alongside strike from the Moss Pattern, returned excessive response ratios for gold (as much as 40), copper (as much as 61), molybdenum (as much as 369), zinc (as much as 93), and uranium (as much as 52). A number of samples within the northern half of the survey confirmed coincident gold, copper, molybdenum response ratios >10.
• Hermia Lake Copper-Gold Prospect: This prospect extends for two.8 km alongside a northeast pattern. Historic diamond drilling consists of intercepts of 0.8 % copper over 4.3 m (Nice Lake Copper Mines in 1956), 0.25 % copper over 51.9 m (Gulf Minerals in 1981), and 1.4 g/t gold over 7.2 m (Mengold in 2008).

Traxxin Gold Venture

The 100% owned Traxxin gold mission is 130 km west of Thunder Bay and has 209 claims overlaying 3,885 hectares (9,600 acres). The mission has glorious present infrastructure and is road-accessible, situated between two main highways, chopping down on future growth prices.

Venture Highlights:

• Shut Proximity to Vital Gold Deposit: The mission is 40 km east of Agnico Eagle’s Hammond Reef deposit, which comprises 5.6 Moz of gold at 0.71 g/t, together with reserves, measured and indicated.
• Promising New and Historic Exploration Outcomes: Daring Ventures’ 2021 drill gap marketing campaign outcomes indicated 3.57 g/t gold over 12.29 meters, together with 6.13 g/t gold over 4.88 m. Further historic outcomes embody:
  • Seize samples 1281, 152, 116, 21.1 and three.73 g/t gold
  • 5 historic drill holes with better than 5 g/t gold over varied intervals
  • One historic drill gap better than 37 g/t gold over 1 meter
• Exploration Campaigns: Trenching on the Major Zone and Tear Drop Lake in 2021 returned channel samples as much as 9.08 g/t gold. In 2024, shoreline prospecting on Bedivere Lake yielded gold values as much as 345 (elements per billion (ppb)) gold on an island northeast of Traxxin Major Zone.
• The gold bearing shear zone stays open in all instructions with potential for extending the Major Zone to the north through geophysics and exploring the southern extension.

Farwell Gold-Copper Venture

The Farwell mission covers 6,440 hectares (15,914 acres) comprising 133 claims. The property is situated within the Lake Superior east area of Northeastern Ontario, roughly 55 km northwest of Wawa, and in a confirmed gold camp.

Venture Highlights:

• Promising Geological Formations: The declare group hosts gold-bearing quartz veins situated inside an iron formation that stretches alongside the western extensions of a serious deformation zone. Moreover, there’s base metallic volcanogenic huge sulphide (VMS) fashion mineralization of copper, zinc, lead and silver. The property additionally options deformed “Timiskaming” fashion conglomerates alongside the gold mineralizing pattern (just like Kirkland Lake, Geraldton).
• Exploration Highlights and Future Drill Targets: A flexible time area electromagnetic (VTEM) survey has recognized a number of anomalous areas for future drilling. Further outcomes and interpretation had been integrated into the present database for future exploration and, finally, for drill testing. The corporate accomplished geophysical modelling of six excessive precedence electromagnetic conductors recognized by a helicopter-borne, VTEM and magnetic survey.
• Street-accessible: The declare group is accessible through the Eagle River gold mines haulage street and is situated roughly 6 km from the Eagle River Mill complicated that additionally connects to main highways appropriate for future materials transportation.

Wilcorp Gold Venture

The Wilcorp gold mission covers 264 hectares (652 acres) and consists of 4 patented claims, 15 single cell and three boundary cell mining claims. The asset is 17 kilometers south of Agnico Eagle’s Hammond Reef Deposit and 32 kilometers west of Traxxin, inside the Thunder Bay Mining Division. New drill targets have been recognized for follow-up exploration.

Venture Highlights:

• Historic Outcomes: The “Eagle Prospect” space has important historic gold discoveries. Maps from 1946 point out values as much as 11.1 g/t gold over 4.1 m together with 30.8 g/t gold over 0.8 m in core (unsubstantiated within the fashionable period). Current values embody as much as 16.3 g/t gold in an space the place Nineties drilling returned 1.8 g/t gold over 7.6 m.
• Sampling Outcomes: In 2012, 62 seize samples ranged from <5 ppb gold as much as 14,403 ppb gold (14.4 g/t gold), and in 2024, 39 seize samples ranged from <5 ppb gold as much as 16,300 ppb gold (16.3 g/t gold).
• Induced Polarization (IP) Surveys: A 2012 IP survey recognized a number of tendencies which are targets for exploration.
• Geological Setting: The property is proximal to the Quetico Fault, a serious east-west fault zone. Gold mineralization is hosted in shear zones in volcanic and dioritic rocks that are subparallel to the Quetico Fault.
• Vital Historic Work: The property has pre-existing historic work, together with stripping, trenching and diamond drilling which recognized important gold zones.

Koper Lake Venture (Ring of Hearth)

Venture Highlights:

• A number of Commodity Streams: The Koper Lake mission has important potential for vital minerals. The property has the potential to develop battery metals, chromite and valuable metals for a number of income streams.
• Throughout the Koper Lake mission, the Black Horse Chromite Deposit comprises an NI 43-101 inferred useful resource of 85.9 MT at a grade of 34.5 % chromium (III) oxide (Cr2O3) utilizing a cutoff grade of 20 % Cr2O3.
  • Black Horse Chromite Possession Pursuits:
    • Daring 10 % carried curiosity (by way of to manufacturing), KWG 90 % working curiosity
• All Different Metals (Inexperienced and Battery Metals together with Nickel, Copper, PGEs; Valuable Metals together with Gold and Silver) Possession Pursuits:
  • Daring 40 % working curiosity, KWG 60 % working curiosity
  • Daring has choice to earn as much as 80 % working curiosity leaving KWG with a 20 % working curiosity

The asset contains 1,024 hectares and is situated lower than 300 meters from Ring of Hearth Metals’ (previously Noront Assets) Eagle’s Nest Nickel-copper huge sulphide deposit, which is within the allow stage.

Ring of Hearth Claims

The Ring of Hearth asset is a future key mission that will probably be given additional consideration because the Ring of Hearth regional infrastructure and First Nation agreements are developed.

Venture Highlights:

• The Ring of Hearth Claims mission is a grassroots exploration mission that has important potential concentrating on the battery metals nickel, copper and platinum group components.
• Daring carried out a VTEM airborne survey in 2013 that situated quite a few geophysical anomalies which are potential for battery metals.
• Additional exploration is pending the event of entry, infrastructure and First Nation agreements.

In June 2024, Daring Ventures signed an settlement to choice a 100% curiosity in two declare teams out of the 14 declare teams inside the Ring of Hearth area to an arm’s-length occasion. The 2 declare teams complete 1,050 hectares and comprise roughly 90 declare models. The choice settlement consists of mixture money funds totaling C$135,000 and mixture exploration expenditures of C$250,000 over a four-year interval. The deal additionally features a 3 % web smelter royalty for Daring, after the optionee earns a 100% curiosity by fulfilling the phrases of the settlement.

Springpole East Gold Venture

The Springpole East gold mission is considered one of Daring Ventures’ latest mission acquisitions strategically positioned in a longtime mining district. This property covers 4,180 hectares throughout 208 single cell claims in northwestern Ontario, situated simply 120 km east-northeast of Purple Lake and merely 9 km east of First Mining Gold’s substantial Springpole gold deposit (containing 4.6 Moz of gold at 0.94 g/t within the indicated class and an extra 0.3 Moz at 0.54 g/t within the inferred class). The mission shares a boundary with First Mining’s land bundle, positioning it inside a confirmed gold-bearing geological pattern.

Regardless of its promising location, Springpole East has seen comparatively restricted systematic exploration. The newest work in 2022 by GoldON Assets included high-resolution airborne magnetic surveys and prospecting that yielded encouraging outcomes, together with the invention of altered granitic boulders with gold values starting from 191 to 1,270 ppb. Of explicit curiosity is the close by Canamer or Birch Lake East Incidence simply 1.3 km west of the property boundary, the place First Mining reported spectacular seize samples yielding 15.3 g/t gold in 2022. This exhibiting happens in banded iron formation – a rock kind that has been mapped within the northwest portion of Springpole East and corresponds with outstanding magnetic anomalies recognized throughout earlier surveys.

Joutel Gold and Base Metallic Venture

Complementing its Ontario-based acquisition, Daring has additionally added the Joutel gold and base metallic mission in Quebec to its exploration portfolio. Positioned 140 km northwest of Val d’Or with favorable logging street entry, this property contains 41 claims throughout two declare teams overlaying 2,269 hectares. Daring is already acquainted with the world, having carried out airborne VTEM and magnetic surveys in 2012, figuring out a number of anomalies that stay underexplored.

The Joutel mission sits in a traditionally productive mining area, simply 6.5 km south-southeast of the previous mining city of Joutel in Poirier Township. Its strategic location locations it inside 12 km of the past-producing Joutel gold mine and fewer than 10 km from earlier base metallic operations. A selected focal point is its proximity (6 km) to the Explo-Zinc deposit, which hosts a 2006 mineral useful resource estimate of 588,000 tons grading 7.63 % zinc and 0.35 % copper within the indicated class, plus 273,000 tons at 6.64 % zinc and 0.21 % copper within the inferred class.

Historic drilling of VTEM anomalies within the space has produced encouraging outcomes, together with intersections of 0.83 % nickel over 3.7 meters (together with a higher-grade part of 1.27 % nickel over 2.3 meters) and 0.51 g/t gold over 3.05 meters. These outcomes spotlight the property’s polymetallic potential, with Daring concentrating on nickel, gold, silver, copper and zinc mineralization.

Administration Group

David Graham – Chief Govt Officer and Director

David Graham has been energetic within the mineral exploration business for over 40 years. Between 1997 and 2004 he was co-founder, president and CEO of Normiska Company, an industrial minerals and supplies firm with 4 manufacturing amenities in Canada and the USA.

Between 2006 and 2010 he was a director and vice-president of Noront Assets. Throughout this time the corporate made main discoveries at Windfall Lake in City Twp., Quebec and the Ring of Hearth within the James Bay Lowlands of Ontario. From 2010 till 2017 he was government vice-president of Daring Ventures Inc. at which era, he was appointed president and CEO.

Mr. Graham has labored extensively in Canada in addition to in the USA, Scandinavia and Africa. His expertise has incessantly included working with First Nations and regulatory businesses on initiatives that ranged from a grassroots stage to superior growth. He’s a member of the invention crew for Eagle River, Windfall, and the “Ring of Hearth” Noront deposits.

Bruce MacLachlan – President and Chief Working Officer

With over 40 years of expertise within the exploration business, Bruce MacLachlan is a confirmed exploration supervisor and has been a key member of a lot of mineral discovery groups, together with Eagle River. He has managed a variety of exploration initiatives from grassroots by way of to the post-discovery stage. MacLachlan has been accountable for mission presentation, advertising and coordination inside the funding area. He has labored with a number of exploration corporations, together with Noranda Exploration, Battle Mountain Gold and CanAlaska Uranium. He was the exploration supervisor at Noranda Exploration, Battle Mountain Gold, and CanAlaska Uranium. He’s a co-founder and president of Emerald Geological Providers (EGS), a consulting firm created in 2001.

Coleman Robertson – Vice-president of Exploration

Coleman Robertson is knowledgeable geologist who has labored exploring for gold, base metals and uncommon earth components. His expertise consists of a variety of exploration actions from grassroots to discovery stage initiatives. Employed by EGS since 2017, Robertson is vice-president of exploration for EGS and has expertise with a number of initiatives in a number of jurisdictions, together with Daring’s gold and copper initiatives in Northwestern Ontario.

Robert Suttie – Chief Monetary Officer

Robert Suttie at the moment serves as CFO with over 40 years’ expertise as a guide elevating capital for rising corporations. He has been a director/government at a number of non-public/public companies.

William Johnstone – Company Secretary and Authorized Counsel

William Johnstone is the corporate’s company counsel and company secretary. Johnstone has been a companion at Gardiner Roberts LLP since February 2005, practising within the areas of company and securities regulation for over 40 years.

Ian Bodie-Brown – Director

Ian Bodie-Brown is an business guide with over 35 years’ expertise. He’s chairman of Rio Silver (on the TSX Enterprise Change) and knowledgeable geologist.

Steve Brunelle – Director

Steve Brunelle is knowledgeable geologist with over 35 years’ expertise and is the chairman of Rio Silver (on the TSX Enterprise Change).