VANCOUVER, BRITISH COLUMBIA, Oct 23, 2008 (Marketwire via COMTEX News Network) --
Bard Ventures Ltd. (TSX VENTURE:CBS) ("Bard") or (the "Company") has received the results from BD-08-37 and BD-08-38 drill holes and is very 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 received and interpreted from drill holes BD-08-37 and BD-08-38 are as follows:
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Drillhole No. Total Depth (m) From (m) To (m) Interval (m) Mo% MoS2%
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BD-08-37 572.08 160.00 251.00 91.00 0.05 0.08
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including 222.80 239.00 16.20 0.08 0.13
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BD-08-38 715.02 171.00 695.00 524.00 0.11 0.18
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including 323.00 625.00 302.00 0.12 0.20
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Hole BD-08-37 was a vertical drill hole that collared into andesite at 15.30m followed by intercalated andesite and alaskite through to 163.00m. Andesite was encountered between 163.00 - 467.00m with minor intercalated alaskite throughout before intersecting the quartz feldspar porphyry. The drillhole was shutdown at 572.08m. Molybdenum mineralization and sulphide enrichment was generally weak throughout this drillhole; however, location of existing mineralized corridor continues to suggest a northwesterly trend. BD-08-37 is located approximately 370m northwest of BD-07-01.
Hole BD-08-38, a vertical drillhole, was collared 100m northwest of BD-08-35. The entire drill hole from bedrock at 18.29m to the final depth of 715.02m assays 0.08% Mo (0.13MoS2) over 696.73m. The drillhole collared into Alaskite intrusive at 18.29m through to 583.40m before intersecting a moderate interval of intercalated Alaskite and andesite between 583.40 - 702.00. Quartz feldspar porphyry pluton, the typical shutdown rock was drilled through to 715.02m. Molybdenum mineralization in BD-08-38 is quite strong and extends the known boundaries of the high grade portion of the alaskite intrusive an additional 100m to the northwest of BD-08-35.
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. The Alaskite intrusive to date continues to be drilled to the northwest of its original outcropping occurrence, BD-07-01 area, with exploration advancement to the northwest ongoing. The Alaskite intrusive has been interpreted to plan view as being currently 510m in length and 310m in width with molybdenum mineralization tested to a depth of 843m. 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, BD-08-25, BD-08-28, BD-08-29, BD-08-32, BD-08-35 and now BD-08-38. Geological and stratigraphic information from all holes as well as recent surface mapping suggests the Alaskite intrusive continues to the northwest. The geophysical surveys, total field magnetics in particular, concur with this geological interpretation.
Mapping
Bard is pleased to announce that Eagle Mapping Ltd., of Port Coquitlam, B.C., has completed the aerial photography of the Lone Pine Property claims. These digital maps and orthophotography will be utilized in the forthcoming National Instrument 43-101 resource estimate.
Ideal location with established infrastructure
The Property has access to an existing infrastructure including:
- Highway 16;
- a natural 
pipeline;
- a major hydro power transmission line and transformer sub-station;
- and 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-08-37 and BD-08-38 are being analyzed by Acme Analytical Laboratories in Vancouver utilizing the Group 1E methodology. Analytical procedures consist of a 31 element ICP analysis followed by assay for any molybdenum ICP analyses greater than 4000 ppm.