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Gold/Mining/Energy : The Molybdenum Discussion Board

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From: hypeman011/14/2008 6:07:12 PM
   of 3267
 
Bard Ventures Ltd. ("Bard" or the "Company") (TSX VENTURE:CBS) is pleased to announce the following drill results from its Lone Pine Molybdenum Property (the "Property"). The Property is located approximately 15 kilometers north-northwest of Houston, BC, and is situated in the Omineca Mining Division.

Final assay results have been received and interpreted from drill holes BD07-21 and BD07-23 with the significant intervals tabulated below:


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Total
Drillhole Depth From To Width
No. (m) (m) (m) (m) Mo% MoS2%
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BD07-21 233 41 126.45 85.45 0.058 0.097
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BD07-23 344 191 343 152 0.053 0.088
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including 191 223 32 0.080 0.134
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Including 251 261 10 0.10 0.167
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including 301 315 14 0.079 0.132
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Holes BD07-21 and 23 (both holes drilled at -45 degrees at 220 degrees azimuth) were designed to explore the extent of the favorable Alaskite intrusive which contains the disseminated molybdenite and associated surrounding stratigraphy which contains the contact fracture veins and veinlets with associated molybdenum mineralization. Hole BD07-21 was drilled 75 meters northeast of hole BD07-1, and hole BD07-23 was drilled 180 meters north of BD07-1. Intercalated hornfelsed andesites and fine grained alaskite intrusive with molybdenite were intersected in both holes expanding the known size of the Alaskite intrusive.

BD07-22 was drilled 125 meters east of hole BD-07-23 at -45 degrees due east and intersected a weakly mineralized coarse grained intrusive pluton. The geological and stratigraphic information from all holes will be used in a geological compilation for comparison with the geophysical survey results for additional targeting of molybdenum mineralization.

Bard is earning a 100% interest in the Property under the terms of an option agreement (see News Release dated September 15, 2006). The Lone Pine exploration work is being conducted under the supervision of Qualified Person Jim Miller-Tait, P. Geo., a Director of Bard.

Samples from drill holes BD-07-21 through to BD-07-23 were analyzed at Eco Tech Laboratories in Kamloops, British Columbia. Analytical procedures consist of a 28 element ICP analysis, package BICP-11, followed by assay for any molybdenum ICP analyses greater than 500 ppm. Results for additional drill holes will be released when assay results are received and interpreted.
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