Bard Ventures Ltd. (TSX VENTURE:CBS)(FRANKFURT:BVU) (the "Company") is pleased
to announce additional significant drill hole results from its 2011 phase one
drill program in the Quartz Breccia Zone on its Lone Pine Property (the
"Property"). The Company is very pleased and encouraged by the positive results
received from drill hole BD-11-68 located 145 meters to the east of drill hole
BD-11-70. The Property is located 15 kilometers north-northwest of Houston, BC
and is situated in the Omineca Mining Division.


Drill hole BD-11-68 is the third and final drill hole completed during the phase
one drill program on the Quartz Breccia Zone located one kilometer north of the
Alaskite Zone Molybdenum-Copper-Silver Resource. A summary of significant drill
hole intercepts from BD-11-68 is highlighted in the table below. All intervals
are reported as drill core widths.




----------------------------------------------------------------------------
COPPER                                                                      
----------------------------------------------------------------------------
From (m)                         To (m)       Interval (m)              % Cu
----------------------------------------------------------------------------
24.0                             326.7              302.7               0.08
----------------------------------------------------------------------------
Incl 41.2                         68.0               26.8               0.13
----------------------------------------------------------------------------
Incl 100.1                       120.8               20.7               0.13
----------------------------------------------------------------------------
Incl 148.8                       166.5               17.7               0.11
----------------------------------------------------------------------------
Incl 185.6                       207.3               21.7               0.18
----------------------------------------------------------------------------
Incl 297.6                       303.6                6.0               0.29
----------------------------------------------------------------------------


----------------------------------------------------------------------------
MOLYBDENUM                                                                  
----------------------------------------------------------------------------
From (m)                         To (m)       Interval (m)              % Mo
----------------------------------------------------------------------------
32.61                            418.9             386.29               0.06
----------------------------------------------------------------------------
Incl 103.4                       120.8               17.4               0.12
----------------------------------------------------------------------------
Incl 131.8                       155.0               23.2               0.15
----------------------------------------------------------------------------
Incl 199.1                       207.3                8.2               0.14
----------------------------------------------------------------------------
Incl 253.3                       264.2               10.9               0.12
----------------------------------------------------------------------------
Incl 322.7                       339.0               16.3               0.14
----------------------------------------------------------------------------



Vertical drill hole BD-11-68 intersected extensive intervals of copper and
molybdenum mineralization from bedrock at 24.0 meters to a down hole depth of
418.9 meters through a broad zone of andesitic to basalt rich stratigraphy
intercalated with intervals of crystal tuff, volcaniclastics and minor Alaskite
dykes. The drill hole terminated at a down hole depth of 590.4 meters.
Molybdenum and chalcopyrite mineralization is vein hosted; silver mineralization
is vein hosted and scattered with best results reporting from 179.2 grams per
tonne silver over 1.0 meter to 6.6 grams per tonne silver over 4.9 meters.


In 2007 and 2008 the Company completed seven drill holes in the Quartz Breccia
Zone. A review of those results in March 2011 (News Release March 28, 2011)
identified extensive intervals of copper - molybdenum mineralization with
scattered intervals of vein hosted silver mineralization in a set of drill holes
trending to the northwest at 315 degrees identified by vertical drill holes
BD-07-02, BD-07-03 and angled drill hole BDQ-08-01. Drill hole BD-11-68 is
located approximately 68 meters to the northwest of BD-07-02 designed to extend
open ended molybdenum mineralization at the end of angled drill hole BDQ-08-01
(0.07% Mo over 282.0 meters) and to extend molybdenum-copper mineralization to
the northwest of BD-07-02 (0.07% Mo over 282.0 meters and 0.05% Cu over 236.0
meters).


The results from drill hole BD-11-68 is deemed significant extending copper and
molybdenum mineralization over a horizontal distance of 212m and from surface to
a vertical down hole depth of 473.4m (BD-07-02). Copper and molybdenum
mineralization remains open to extension in all directions requiring additional
drilling.


The Company awaits the results of additional assays for rhenium ("Re") and gold
("Au") and will issue a news release as soon as these results become available.


The Company has completed a NI 43-101 positive Preliminary Economic Assessment
on the Alaskite Zone (see news release dated March 11, 2011). This PEA does not
include any resource from the Quartz Breccia Zone. 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 (see 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. Drill core samples from BD-11-68 were analyzed by
ACME Analytical Laboratories in Vancouver utilizing a 31 element ICP-ES
geochemical analysis, over-limit ICP base and precious metal results were
assayed.


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.
Bard Ventures (TSXV:CBS)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Bard Ventures Charts.
Bard Ventures (TSXV:CBS)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Bard Ventures Charts.