Mr. Eugene Beukman reports
SIGNIFICANT SILVER, DRILL HOLE RESULTS FROM THE QUARTZ BRECCIA ZONEON THE LONE PINE PROJECT INCLUDING20M OF 442.18GM/T SILVER154M OF25.47GM/T SILVER176M OF 19.05GM/T SILVER
Bard Ventures Ltd. hassummarized the results of a recently completed review of the silverassays of the quartz breccia drill hole intercepts on its Lone Pineproperty. The property is located approximately 15kilometresnorth-northwest of Houston, B.C., and is situated in the Omineca miningdivision.
Significant widths of molybdenum, copper and silver-richintercepts from the quartz breccia zone demonstrate the potential fordeveloping additional near-surface resources to the recently completedpositive preliminary economic assessment of the Alaskite zone located onekm to the south (see news release in Stockwatch dated Jan. 21, 2011).
Inaddition to previously released quartz breccia zone assay results (newsreleases in Stockwatch dated July 3, 2008, and March4, 2011), thecompany is pleased to provide a summary of the results of overlimitreanalysis for only silver.Significant silver results on the quartzbreccia are summarized in the associated table.
Drill Length From To Width Silver
hole (m) (m) (m) (m) (g/t)
BDQ-08-01 425.78 317.0 321.0 4.0 38.20
BDQ-08-02 531.57 55.0 85.0 30.0 14.99
195.0 215.0 20.0 442.18
BDQ-08-03 481.58 15.0 169.0 154.0 25.47
BDQ-08-04 551.27 373.0 549.0 176.0 19.05
BDQ-08-05 486.5 119.0 125.0 6.0 10.90
145.0 153.0 8.0 15.25
163.0 223.0 60.0 16.48
75.0 309.0 34.0 19.49
BD-07-02 506.4 259.0 267.3 8.0 8.82
BD-07-06 473.2 8.0 17.9 9.9 7.30
Theresults of this re-evaluation of the silver assays of quartz brecciadrill hole intercepts demonstrate the exploration potential fordiscovering additional near-surface mineralization adding value to thepositive preliminary economic assessment of the Alaskite zone resource(news release in Stockwatch dated March 1, 2011). Futureexploration onthe Lone Pine property will focus on expanding these exciting results inboth of these highly prospective areas and continued drilling on thesenew areas of silver mineralization.
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;
- Is located only 15 kilometers from the CN rail line in Houston, B.C.
Overlimitpulp sample reanalysis was performed at Acme Analytical Laboratories inVancouver utilizing theGroup G6 methodology for silver analysiscomprising a lead collection fire assay fusion with a gravimetricfinish and Group 7TD for copper analysis utilizing a four-acid digestionICP-ES finish.
Bard is earning a 100-per-cent interest in theproperty under the terms of an option agreement (news release inStockwatch dated Sept. 15, 2006). The Lone Pine exploration is beingconducted under the supervision of qualified person Rick Kemp, PGeo,vice-president of exploration.
Corporate update
At thecompany's annual general meeting held on March 23, 2011, all resolutionsproposed by managementwere approved by the shareholders and the votingresults were filed on SEDAR. The existing board members andofficers ofthe company were reappointed for the next term.
We seek Safe Harbor.