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| February 25, 2013 |
Exploration Update 0.54g/t Gold Over 188.27m; 0.16g/t Rhenium Over 67.6m Quartz Breccia Zone At Lone Pine Property
February 25, 2013 - Vancouver, British Columbia, Canada: Bard Ventures Ltd. (the "Company") is pleased to provide a summary of previously announced results of gold and rhenium analysis covering both historical and recently completed drill holes in the Quartz Breccia Zone ("QBZ") on its Lone Pine Property (the "Property"). The Company remains pleased and encouraged by the positive gold and rhenium results received from drill hole intercepts located in the QBZ. The Property is located 15 kilometers north-northwest of Houston, BC and is situated in the Omineca Mining Division.
Gold and rhenium analysis were received from selected drill holes in the Quartz Breccia Zone (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, BDQ-08-01 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 tonne gold over 188.27 meters.
Rhenium enrichment is associated with molybdenum mineralization with best results reported from higher grade molybdenum rich intervals. Rhenium analyses were completed over selected portions of angled drill hole BDQ-08-01 and BD-11-70. Elevated and anomalous results were received from sections of higher grade molybdenum intercepts with best results reporting from 0.45g/t Re over 5.1 meters to 0.16g/t Re over 67.6 meters. A summary of significant drill hole results for gold and rhenium are highlighted in the table below. All intervals are reported as drill core widths.