BOL Bold Ventures Inc

Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") and KWG Resources Inc. (TSX
VENTURE:KWG) ("KWG") announce jointly the following update of drilling results
from their Koper Lake Joint Venture in the Ring of Fire (ROF) Northeastern
Ontario, under option from Fancamp Resources Inc. (FNC). (See Bold's press
release dated March 4, 2013). 


Drilling with three drill machines commenced early in March, 2013 and was halted
from April 01 to April 21, 2013 when an Exploration Permit was issued by the
Ontario Ministry of Natural Resources pursuant to the revised Ontario Mining
Act. Drilling continued with two holes completed to date, a third almost
completed and 2 further holes planned to further outline the Black Horse zone
along strike and up-dip.


The two holes completed, 300 metres apart at the collars, to further explore the
Black Horse chrome mineralization previously discovered by FNC (see Fancamp's
press release dated May 24th, 2011) were successful at intersecting chromite.
Hole FNCB-13-30 intersected chromite from 658.2 to 701.3 metres (43.1 metres)
consisting of massive and heavily disseminated chromite. Hole FNCB-13-31
intersected chromite from 795.3 to 914.6 metres (119.3 metres) consisting of
massive, semi massive and heavily disseminated chromite. True widths of these
intersections are not discernible at the present time. The core is being
prepared for assay. These holes will also be subjected to down-hole
electromagnetic surveys as follow-up to numerous geologically interesting
intercepts of copper-nickel mineralization at depth.


A third drill is completing a steep hole to approximately 1200 meters in the
northwest corner of Fancamp's western most claim to provide a platform for down
hole geophysical surveying in a northerly orientated ultrabasic conduit feeding
the Ring of Fire (ROF) ultrabasic complex. A similar north-south striking
conduit further west hosts the Eagle's Nest copper-metal deposit previously
discovered by Noront Resources Ltd. in 2008. Thus far this third drill has
advanced to 1019 metres paralleling a steeply dipping granodiorite-ultrabasic
contact similar to one hosting the Eagle's Nest deposit. Minor amounts of
sulphide mineralization have been encountered thus far and any anomalies
outlined from the eventual bore hole surveys will be tested from this master
hole by wedging or with a new hole from surface as recommended.


Bold Ventures is the project operator leading a technical team consisting of
several geologists and geophysicists, from Bold and KWG. First Nations people
are being employed on site, with Haveman Bros. from Kakabeka Falls near Thunder
Bay providing procurement and camp services and Cyr Drilling of Winnipeg,
Manitoba and Orbit Drilling of Val d'Or, Quebec providing the contracted drills.



The Qualified Person, Bruce Mackie P.Geo, has reviewed and approved this press
release.


Cautionary Note Regarding Forward-Looking Statements: This Press Release
contains forward-looking statements that involve risks and uncertainties, which
may cause actual results to differ materially from the statements made. When
used in this document, the words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar expressions
are intended to identify forward-looking statements. Such statements reflect our
current views with respect to future events and are subject to such risks and
uncertainties. Many factors could cause our actual results to differ materially
from the statements made, including those factors discussed in filings made by
us with the Canadian securities regulatory authorities. Should one or more of
these risks and uncertainties, such actual results of current exploration
programs, the general risks associated with the mining industry, the price of
gold and other metals, currency and interest rate fluctuations, increased
competition and general economic and market factors, occur or should assumptions
underlying the forward looking statements prove incorrect, actual results may
vary materially from those described herein as intended, planned, anticipated,
or expected. We do not intend and do not assume any obligation to update these
forward-looking statements, except as required by law. Shareholders are
cautioned not to put undue reliance on such forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com


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Bold Ventures Inc.
416-864-1456
www.boldventuresinc.com

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