on Bolt Metals Corp. (CVE:BOLT)
Bolt Metals Completes Extensive MobileMT Survey in Quebec
Bolt Metals Corp., a mineral acquisition and exploration company, has successfully completed an airborne Mobile Magneto-Telluric (MobileMT) survey at its Northwind property in Quebec. Conducted by Expert Geophysics Services, the survey covered 402 line-kilometres, revealing deeper geological structures through dense overburden. The advanced technology aims to identify volcanogenic massive sulphide systems and orogenic gold deposits. Current data processing will help design a 5,000-metre drilling program to explore gold and base metal opportunities.
Additionally, Bolt Metals has transitioned to semi-annual financial reporting under Coordinated Blanket Order 51-933. This change reduces the company's financial reporting burden, allowing them to focus resources on mineral exploration. The transition exempts Bolt from quarterly financial filings, aligning with their status as a venture issuer with annual revenues under $10 million.
R. P.
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