Bard Ventures has received the 2011 phase I primary drilling results from its Lone Pine property. The results of the drill hole BD-11-67 has shown the high-grade mineralization persisting through the drill hole intercept regions that are extensively spaced. The property is located in the Omineca Mining Division and is 15 km to the northwest-north direction of Houston in BC.
The company has got and inferred the assay results of the primary drill core, which was completed in its 2011 phase I drilling program at the property. BD-11-67 is the initial drill hole of the field season of 2011 and is situated in the Alaskite Zone, which is in the broadly spaced intercept regions. The company’s intersection of high-grade mineralization found near the surface will improve the financial background of the open pit mining. When the assays are obtained and inferred, the results of further drill holes will be announced.
Bard Ventures has cut hornfels volcanics to a depth of 41.7 m vertically at the drill hole BD-11-67. It has intersected the quartz stockwork and Alaskite intrusive, which houses the mineralization of copper and molybdenum, at a depth of 687.1 m vertically. The drill hole ended at a depth of 736.4 m finally in the Quartz Feldspar granite intrusive.
Vancouver-based Acme Analytical Laboratories tested the drill core samples by means of the Group 1E analysis. Analytical methods include a 31 element ICP analysis and then assaying for any molybdenum ICP analysis for more than 4000 ppm of molybdenum
The perfect operation site is present in the property, which contains natural gas pipeline, highway 16, major hydro power transformer substation and transmission line and is 15 kms away from the CN rail line. Under the option agreement the company is presently earning a 100% interest in the property.
Source: http://www.bardventures.com/