Bard Ventures

Published : July 08th, 2016

Gold Exploration Planned Quartz Breccia Zone at Lone Pine Property Previously Drilled 0.54g/t Gold over 188.27m;

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Keywords :   9/11 | Canada | Copper | Georgia | Gold | Market | Molybdenum | Natural Gas | Silver |

Gold Exploration Planned Quartz Breccia Zone at Lone Pine Property Previously Drilled 0.54g/t Gold over 188.27m;

July 08, 2016
Gold Exploration Planned Quartz Breccia Zone at Lone Pine Property Previously Drilled 0.54g/t Gold over 188.27m;
July 8, 2016 - Vancouver, British Columbia, Canada: Bard Ventures Ltd. (the 'Company') announces that it is planning a follow-up exploration program on its Lone Pine Property to test additional gold values on the Quartz Breccia Zone ('QBZ').

The Company wishes to provide a summary of previously announced results of gold analysis covering both historical and recently completed drill holes in the QBZ on its Lone Pine Property (the 'Property'). The Company remains pleased and encouraged by the gold results received from drill hole intercepts located on the QBZ. The Property is located 15 kilometers north-northwest of Houston, BC and is situated in the Omineca Mining Division.

Gold analyses were received from selected drill holes in the QBZ. Gold analyses were completed over the entire length of those drill holes located along the western margin of the QBZ, where polymetallic copper-silver-molybdenum mineralization was intersected over extensive intervals in six drill holes including BDQ-08-02 to BDQ-08-05 and BD-11-69 and BD-11-70. Along the eastern margin of the QBZ four drill holes (BD-07-02, BD-07-06 and BD-11-68) intersected broad intervals of near surface porphyry style molybdenum-copper mineralization; gold analysis was completed across angled drill hole BDQ-08-01. Elevated and anomalous gold results were received in all drill holes along the western margin of the QBZ with best results reporting up to 0.54 grams per ton gold over 188.27 meters.

A summary of significant drill hole results for gold are highlighted in the table below. All intervals are reported as drill core widths.

Drill Hole From (m) To (m) Width (m) Gold (g/t)
BDQ-08-02 75.0 81.0 6.0 0.28
Incl 75.0 77.0 2.0 0.60
197.0 211.0 14.0 1.24
incl 203.0 209.0 6.0 2.62
401.0 403.0 2.0 0.30
409.0 411.0 2.0 0.57
BDQ-08-03 67.0 117.0 50.0 0.21
incl 99.0 101.0 2.0 1.36
137.0 151.0 14.0 0.17
incl 149.0 151.0 2.0 0.48
227.0 229.0 2.0 2.29
281.0 283.0 2.0 1.83
297.0 299.0 2.0 0.85
BDQ-08-04 211.0 213.0 2.0 0.35
293.0 311.0 18.0 0.28
Incl 297.0 307.0 10.0 0.39
319.0 323.0 4.0 0.43
329.0 345.0 16.0 0.14
363.0 551.27 188.27 0.54
Incl 377.0 385.0 8.0 1.81
Incl 407.0 421.0 14.0 1.24
Incl 431.0 433.0 2.0 2.22
Incl 441.0 449.0 8.0 1.86
Incl 475.0 477.0 2.0 1.49
Incl 515.0 517.0 2.0 1.01
Incl 531.0 547.0 16.0 0.72
BDQ-08-05 137.0 223.0 86.0 0.19
Incl 155.0 193.0 38.0 0.26
Incl 201.0 203.0 2.0 0.46
Incl 219.0 221.0 2.0 0.60
275.0 333.0 58.0 0.32
Incl 287.0 291.0 4.0 0.80
Incl 315.0 325.0 10.0 0.74
Incl 323.0 325.0 2.0 2.10
355.0 359.0 4.0 0.28
BD-11-69 45.0 51.0 6.0 0.63
incl 49.3 51.0 1.7 1.55
79.0 80.9 1.9 0.72
86.8 89.5 2.7 0.72
134.1 181.9 47.8 0.50
Incl 142.5 146.8 4.3 2.60
Incl 146.3 146.8 0.5 14.20
Incl 158.0 159.5 1.5 1.24
Incl 174.5 176.0 1.5 0.94
Incl 180.0 181.9 1.9 1.0
335.0 336.4 1.4 3.84
448.7 450.8 2.1 1.53
BD-11-70 299.2 305.0 5.8
310.0 311.7 1.7
319.7 387.3 67.6
incl 323.7 334.4 10.7
incl 352.1 353.3 1.2
incl 360.1 365.2 5.1
195.5 196.1 0.6 0.47
397.4 399.7 2.3 0.45

Elevated and anomalous gold assay results over significant widths from drill holes located along the western edge of the QBZ, where polymetallic copper-silver-molybdenum mineralization were intersected, are considered significant.

The Company completed a NI 43-101 positive Preliminary Economic Assessment on the Alaskite Zone (see News Release March 11, 2011). This PEA does not include any resource from the QBZ. 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 has a 100% interest in the Property. Gold analysis was performed by ACME Analytical Laboratories in Vancouver by fire assay utilizing group 3b methodology. The Lone Pine exploration is being conducted under the supervision of Qualified Person Rick Kemp, P.Geo, Vice President, Exploration who has read and approved the technical content of this news release.

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.

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Canada | Georgia | All
Gold and Silver Prices for these countries : Canada | Georgia | All

Bard Ventures

EXPLORATION STAGE
CODE : CBS.V
ISIN : CA0673962001
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Bard Ventures is a copper exploration company based in Canada.

Bard Ventures holds various exploration projects in Canada.

Its main exploration properties are LITTLE BEAR LAKE, WASI CREEK and LONE PINE in Canada.

Bard Ventures is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.1 millions as of today (US$ 5.4 millions, € 4.6 millions).

Its stock quote reached its highest recent level on May 22, 1998 at CA$ 97.26, and its lowest recent point on June 10, 2016 at CA$ 0.01.

Bard Ventures has 33 150 002 shares outstanding.

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Annual reports of Bard Ventures
Annual Report 2007
Financings of Bard Ventures
3/15/2011Announces $1,000,000 Non-Brokered Financing; Exploration Pro...
Project news of Bard Ventures
3/1/2011(Lone Pine)Lone Pine Property-Positive Preliminary Economic Assessment ...
1/21/2011(Lone Pine)Lone Pine Property; Positive Preliminary Economic Assessment...
Corporate news of Bard Ventures
7/8/2016Gold Exploration Planned Quartz Breccia Zone at Lone Pine Pr...
7/6/2016Company Revisits Exploration Results
6/14/2016Bard Announces Corporate Update
8/28/2015Corporate Update
7/13/2015Non Brokered Private Placement Financing
7/7/2015Update on Corporate Reorganization
5/18/2011Corporate Update
11/4/2008welcomes South African Human Rights Commission
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