KWG & Bold to Resume Drilling at Black Horse

Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") and KWG Resources Inc. (TSX
VENTURE:KWG) ("KWG") are pleased to report that KWG is funding a further $2
million program under its agreement to earn from Bold an 80% interest in any
chromite discovered within the claims optioned by Bold from Fancamp Exploration
Ltd. hosting the Black Horse chromite occurrence. KWG may also earn a 20%
interest in any other metals discovered on the property (please see the details
of the option earn in agreements as described in Bold's press release dated
March 4, 2013 or on the Bold website (www.boldventuresinc.com) or at the KWG
website (www.kwgresources.com)).


As recommended in the 43-101 report commissioned by KWG and prepared to document
the inferred chromite resource following last winter's drilling program, the
possible down-dip extension of the resource will be tested with a series of deep
holes. Orbit Garant Drilling Services Inc. has been awarded the drilling
contract to utilize up to three drills. Mobilization is underway and drilling is
anticipated to commence shortly.


Metallurgical test work which is ongoing has produced encouraging results to
indicate that the Black Horse chromite appears to be amenable to reduction into
metalized chrome and iron using natural gas. These results dictated that a
number of transportation and underground mining trade-off studies be undertaken
and those are currently underway.


The companies would like to take this opportunity to wish our shareholders,
partners and service providers a very Happy New Year and a prosperous 2014!


About Bold Ventures

Bold has interests in various mineral properties located in and around the Ring
of Fire Area of Northern Ontario and in the Atikokan area of Northwestern
Ontario. Additionally, Bold is exploring four base and precious metals
properties in the Abitibi Greenstone belt of Northwestern Quebec.


About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn
80% of the Black Horse chromite occurrence where resources are being defined by
a drilling program expected to resume early this year. KWG also owns 100% of
Canada Chrome Corporation which has staked claims and conducted a $15 million
surveying and soil testing program for the engineering and construction of a
railroad to the Ring of Fire from Exton, Ontario.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this 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
www.kwgresources.com


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Bold Ventures Inc.
Richard Nemis
CEO and President
416-864-1456


Bold Ventures Inc.
David Graham
Executive Vice-President
416-864-1456
www.boldventuresinc.com
Bold Ventures (TSXV:BOL)
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