Bold Ventures and KWG Update Prior Drill Program Disclosure

Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") and KWG Resources Inc. (TSX
VENTURE:KWG) ("KWG") announce that further to the joint press release issued May
2, 2013, a review of down hole survey results indicated that considerable
deviation may have occurred in Hole FNCB-13-31 reported last week by KWG and
Bold Ventures. Hole FNCB-13-31 appears to have crossed onto the Noront claim to
the west of the intended pierce point on the Fancamp claim to the east where the
drill was set up 30 meters within the claim's western boundary and the
mineralization reported on May 2, 2013 appears to occur on the Noront claim. The
parties are in discussion to establish a protocol for the disclosure of the
analysis of samples from the core and the sharing of technical information from
prior drilling. 


Full details of the current drilling program will be provided when assay results
are available. 


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

Bold Ventures (TSXV:BOL)
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