Bard Begins Drilling on Lone Pine Molybdenum-Copper-Silver Project
19 Mai 2011 - 1:00PM
Marketwired
Bard Ventures Ltd. (the "Company") (TSX VENTURE: CBS)(FRANKFURT:
BVU) is pleased to announce that the drill program on its Lone Pine
Property (the "Property") has commenced. The Property is located 15
kilometers north-northwest of Houston, BC and is situated in the
Omineca Mining Division.
The drill program is planned to further evaluate exceptional
drill hole results received from all three Zones on the Property,
being the Alaskite Zone, the Quartz Breccia Zone and the 61 Zone. A
recently completed review of the Quartz Breccia Zone (News release
March 4, 2011) identified two areas requiring additional follow up
where drill hole intercepts over drilled widths returned 0.052%
molybdenum ("Mo") over 142.0 meters and near surface copper ("Cu")
and Silver ("Ag") mineralization reporting 0.09% Cu over 147.0
meters and 25.47 grams per ton Ag over 154.0 meters (BDQ-08-03). A
second area of interest in the Quartz Breccia Zone intersected near
surface Mo/Cu mineralization over drilled widths of 0.044%
Mo/442.6m (BD-07-02) and 0.05% Cu/236.0m (BDQ-08-01).
Over limit pulp sample re-analysis was performed at Acme
Analytical Laboratories in Vancouver utilizing the Group G6
methodology for silver analysis comprising a lead collection fire
assay fusion with a gravimetric finish and Group 7TD for copper
analysis utilizing a 4-acid Digestion ICP-ES Finish.
The Company has completed a NI 43-101 positive Preliminary
Economic Assessment on the Alaskite Zone (See news release March
11, 2011). Mineral resources that are not mineral reserves do not
have demonstrated economic viability. A copy of the Report is
available on SEDAR at www.sedar.com.
The Property has an ideal location for operations with
established infrastructure including:
-- Highway 16;
-- a natural gas pipeline;
-- a major hydro power transmission line and transformer substation; and
-- is located only 15 kilometers from the CN rail line in Houston, BC.
Bard is earning a 100% interest in the Property under the terms
of an option agreement (News release dated September 15, 2006). The
Lone Pine Exploration is being conducted under the supervision of
Qualified Person Rick Kemp, P.Geo., Vice President,
Exploration.
On behalf of:
Bard Ventures Ltd.
Eugene Beukman, President
For further information please visit our website at
www.bardventures.com.
This release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995. All statements in
this release, other than statements of historical facts, that
address future production, reserve potential, exploration and
development activities and events or developments that the Company
expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements
include market prices, exploration and development successes,
continued availability of capital and financing, and general
economic, market or business conditions. Please see our public
filings at www.sedar.com for further information.
Neither the 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.
Contacts: Bard Ventures Ltd. Eugene Beukman President (604)
687-2038 (604) 687-3141 (FAX) www.bardventures.com
Bard Ventures (TSXV:CBS)
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