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Phase One Drill Program on Lone Pine Molybdenum-Copper-Silver Project Completed | Northern BC Business
Home » Mining » Phase One Drill Program on Lone Pine Molybdenum-Copper-Silver Project Completed

Phase One Drill Program on Lone Pine Molybdenum-Copper-Silver Project Completed

July 27, 2011
Phase One Drill Program on Lone Pine Molybdenum-Copper-Silver Project Completed


Vancouver, British Columbia, Canada: Bard Ventures Ltd. (the “Company”) is pleased to advise its 2011 phase one drill program totaling 2399.54 meters has been completed on its Lone Pine Property (the “Property”). The Property is located 15 kilometers north-northwest of Houston, BC and is situated in the Omineca Mining Division.

The company is extremely encouraged by the visual results of the recently completed drill program with intersections of molybdenum-copper-silver mineralization noted over extensive drill core intervals. Drill core samples from this current program have been submitted to ACME Analytical Laboratories in Vancouver for analysis. Results will be released in a timely fashion once all drill core assay results have been received and reviewed.

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”
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.

Article source: http://www.bardventures.com/s/NewsReleases.asp?ReportID=468834

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