Focusing on Moly in B.C – Drilling On Lone Pine Property Has Shown High Grades of Moly.
Drilling Intersects 0.15% Mo Over 276 Meters as Part of 520.0m of 0.11% Mo At the Lone Pine Property, B.C.
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Bard Ventures Ltd. > Press Release
Agoraa

Major Drill Program to Expand Molybdenum Zones and Test New Targets

Posted by: AGORACOM on August 13, 2007 12:16PM

Bard Ventures Ltd. (“Bard” or the “Company”) is very pleased to provide the update of operations for the Lone Pine Property (the “Property”). The Property is located approximately 15 kilometers north-northwest of Houston, BC, and is situated in the Omineca Mining Division.

Bard has recently received the final results from a 3D Induced Polarization (IP) and magnetic surveys, which encompasses all of the area of potential mineralization. Chargeability and resistivity anomalies are present over the areas of molybdenum mineralization that have been outlined by drilling to date and also extend well beyond indicating the potential to extend these areas of mineralization. In addition it appears that the drilling to date has been generally along one side of these anomalies and that a large area identified by the survey remains to be evaluated. In addition there are several other anomalous areas that have not been tested.

Bard will finalize the integration and interpretation of the new geophysical data with the historic data including the results of the 2007 drilling program. It is obvious that a number of the zones defined on the Property could potentially be expanded and that there are several new target areas to be tested. Once this interpretation has been completed and final permitting has been received, the proposed diamond drilling program will commence. Initially one drill will be used and a second may be added to expedite the program, which is anticipated to be at least 10,000 metres. This program will follow up on historic results and the results of the 2007 drilling program. The best drill hole from the 2007 program (BD-07-02) returned 0.07% MoS2 over the entire 489.4 meters of bedrock cored, including a 231.4 meter interval of 0.095% MoS2.

“The Company is very pleased with the results of the IP survey as it has served to define potential extensions of the known mineralization and new target areas. We are now looking forward to the commencement and the results of the diamond drilling program” stated Eugene Beukman, President.

Exploration work on the Property is being conducted under the supervision of Qualified Person Jim Miller-Tait, P. Geo.

On behalf of:

Bard Ventures Ltd.

“Eugene Beukman”

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.

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Executive Address
Cbs-beukman-bc
Eugene Beukman
President & CEO
June 30, 2008

Eugene Beukman Discusses 2008 Phase II Drilling and upcoming NI 43-101 Compliant Resource Estimate

View Broadcast