Bard Ventures Ltd. (TSX VENTURE:CBS) has received the results from the much anticipated BD-08-25 drill hole and is very pleased to announce the following drill results from its Lone Pine Molybdenum 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 hole BD-08-25.
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Drillhole No. Total Depth (m) From (m) To (m) Interval (m) Mo% MoS2%
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BD-08-25 798.82 67.92 798.82 730.9 0.10 0.17
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including 259.0 577.1 318.1 0.14 0.23
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including 447.0 577.1 130.1 0.20 0.33
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including 453.0 477.0 24.0 0.30 0.50
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including 611.3 739.0 127.7 0.15 0.25
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Hole BD-08-25 collared into hornfelsed andesite through to 133.0 m before encountering the Alaskite intrusive. The Alaskite intrusive, from 133.0 m to 739.0 m, was inundated with extensive stockwork quartz veining, abundant visible molybdenum and favourable alteration.
The Alaskite intrusive is the main focus of the Lone Pine Property drilling and has been interpreted as being the most favorable lithology for molybdenum mineralization. To date the Alaskite intrusive is 200 m in length along its northwest-southeast strike and 260 m wide in plan view and molybdenum mineralization has been tested to a known depth of 798 m. A higher grade corridor of molybdenum mineralization has been outlined within the Alaskite intrusive as shown in the favourable assay results from BD-07-16, BD-08-24 and now BD-08-25.
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.
Of importance to note is the existing infrastructure on the Property, which includes Highway 16, natural gas pipeline, a major hydro power transmission line and transformer sub-station, and it is located only 15 kilometers from the CN rail line in Houston, BC.
A plan of the drill holes in the Alaskite Zone may be viewed on the Company's website at www.bardventures.com.
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 BD-08-25 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.
On behalf of:
Bard Ventures Ltd.
Eugene Beukman, President |
