Eugene Beukman

Thompson Creek: A Molybdenum Stock to Strengthen Your Portfolio

Bard Releases NI 43-101 Resource Estimate on Lone Pine Property

Bard Ventures Ltd. (“Bard” or the “Company”) commissioned the preparation of the first National Instrument 43-101 compliant resource estimate on the Alaskite Zone molybdenum mineralization from the Company’s Lone Pine Molybdenum Property, located in the Omineca Mining division approximately 15 kilometres north-northwest of Houston, BC. The report, dated January 12, 2009, entitled “Resource Estimate Lone Pine Molybdenum Project – Omineca Mining Division, British Columbia”, was prepared by Ronald G. Simpson, P.Geo. of GeoSim Services Inc., a “qualified person” for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Lone Pine measured, indicated and inferred mineral resource summary:


MEASURED INDICATED
Cut-off % Mo Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's) Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's)
0.02 43,767 0.078 75,262 107,769 0.066 156,809
0.03 40,450 0.082 73,125 99,967 0.069 152,069
0.04 33,356 0.092 67,654 76,984 0.079 134,079
0.05 26,676 0.104 61,163 58,193 0.090 115,464
0.06 22,486 0.113 56,018 43,968 0.102 98,871
0.07 19,625 0.120 51,919 35,077 0.111 85,839
0.08 17,699 0.125 48,775 29,884 0.117 77,084
0.09 15,853 0.130 45,435 25,703 0.123 69,698
0.10 13,922 0.135 41,435 21,053 0.129 59,875

MEASURED+INDICATED INFERRED
Cut-off % Mo Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's) Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's)
0.02 151,536 0.069 232,071 27,827 0.084 51,532
0.03 140,417 0.073 225,193 27,555 0.085 51,636
0.04 110,340 0.083 201,733 25,840 0.088 50,131
0.05 84,869 0.094 176,628 22,839 0.094 47,331
0.06 66,454 0.106 154,890 18,295 0.104 41,947
0.07 54,702 0.114 137,758 15,238 0.111 37,290
0.08 47,583 0.120 125,858 13,092 0.117 33,769
0.09 41,556 0.126 115,132 11,800 0.121 31,477
0.10 34,975 0.131 101,310 10,186 0.125 28,070
*Note: Bold indicates Base Case Scenario.

A full text version of the Lone Pine Property resource estimate is being filed on SEDAR today and will be available at sedar.com under the Company’s profile and can also be found by visiting the Company’s website at bardventures.com.

…/Cont’d.

Summary of significant work completed to date since optioning the Lone Pine Property in 2006:

• Completed historic database compilation and review.
• Line-cutting, Geological Mapping and Prospecting including rock sampling.
• Completed 3-D Inversion Induced Polarization and Magnetic Geophysical Surveying.
• A total of 27,012 m of diamond drilling in 55 holes completed on the Property.
• The majority of the drilling has focused on the Alaskite Zone which has been expanded in size from a small outcrop area to a plan view size of 550 m x 310 m and a depth of 800 m and still “open”.
• A total of 21,557.36 m of diamond drilling in 41 holes into the Alaskite Zone.
• Completed detailed airborne surveying and photography for resource modeling and survey control.
• Completed initial metallurgical testing with positive results of greater than 90% recovery to a concentrate grade of 43% Mo.

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 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 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.

Big Week for Molybdenum

Bard Releases NI 43-101 Resource Estimate on Lone Pine Property

Bard Ventures Ltd. (“Bard” or the “Company”) commissioned the preparation of the first National Instrument 43-101 compliant resource estimate on the Alaskite Zone molybdenum mineralization from the Company’s Lone Pine Molybdenum Property, located in the Omineca Mining division approximately 15 kilometres north-northwest of Houston, BC. The report, dated January 12, 2009, entitled “Resource Estimate Lone Pine Molybdenum Project – Omineca Mining Division, British Columbia”, was prepared by Ronald G. Simpson, P.Geo. of GeoSim Services Inc., a “qualified person” for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Lone Pine measured, indicated and inferred mineral resource summary:


MEASURED INDICATED
Cut-off % Mo Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's) Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's)
0.02 43,767 0.078 75,262 107,769 0.066 156,809
0.03 40,450 0.082 73,125 99,967 0.069 152,069
0.04 33,356 0.092 67,654 76,984 0.079 134,079
0.05 26,676 0.104 61,163 58,193 0.090 115,464
0.06 22,486 0.113 56,018 43,968 0.102 98,871
0.07 19,625 0.120 51,919 35,077 0.111 85,839
0.08 17,699 0.125 48,775 29,884 0.117 77,084
0.09 15,853 0.130 45,435 25,703 0.123 69,698
0.10 13,922 0.135 41,435 21,053 0.129 59,875

MEASURED+INDICATED INFERRED
Cut-off % Mo Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's) Tonnes ≥ Cutoff (000's) Mo% in-situ lbs Mo (000's)
0.02 151,536 0.069 232,071 27,827 0.084 51,532
0.03 140,417 0.073 225,193 27,555 0.085 51,636
0.04 110,340 0.083 201,733 25,840 0.088 50,131
0.05 84,869 0.094 176,628 22,839 0.094 47,331
0.06 66,454 0.106 154,890 18,295 0.104 41,947
0.07 54,702 0.114 137,758 15,238 0.111 37,290
0.08 47,583 0.120 125,858 13,092 0.117 33,769
0.09 41,556 0.126 115,132 11,800 0.121 31,477
0.10 34,975 0.131 101,310 10,186 0.125 28,070
*Note: Bold indicates Base Case Scenario.

A full text version of the Lone Pine Property resource estimate is being filed on SEDAR today and will be available at sedar.com under the Company’s profile and can also be found by visiting the Company’s website at bardventures.com.

…/Cont’d.

Summary of significant work completed to date since optioning the Lone Pine Property in 2006:

• Completed historic database compilation and review.
• Line-cutting, Geological Mapping and Prospecting including rock sampling.
• Completed 3-D Inversion Induced Polarization and Magnetic Geophysical Surveying.
• A total of 27,012 m of diamond drilling in 55 holes completed on the Property.
• The majority of the drilling has focused on the Alaskite Zone which has been expanded in size from a small outcrop area to a plan view size of 550 m x 310 m and a depth of 800 m and still “open”.
• A total of 21,557.36 m of diamond drilling in 41 holes into the Alaskite Zone.
• Completed detailed airborne surveying and photography for resource modeling and survey control.
• Completed initial metallurgical testing with positive results of greater than 90% recovery to a concentrate grade of 43% Mo.

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 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 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.

Demand for 'Moly' Can Only Rise

Please see what this company is doing with a major resource and excellent infrastructure.

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Bard Ventures Creates Mining Community Group on Facebook; Posts Instant News Updates on TwitterInvestors seeking base metal news can now receive the latest mining industry updates on Facebook’s Molybdenum Group Page. Relevant and informative links to analyst forecasts, news articles, blog posts, pictures and videos, as well as daily price charts and related companies’ news releases are posted throughout the day.Recognizing a lack of molybdenum-focused information in online social hubs, Bard Ventures created the Facebook Molybdenum Group community for investors, media, analysts and geologists to connect with each other and share insights on the market. All investors – micro, small or large cap – are welcome to join this group and post their comments.

In addition to the Facebook Molybdenum Group Page, investors can follow Bard Ventures on Twitter to get brief updates of their Summer Exploration Program at the Lone Pine Moly Property, and links to breaking company news. At Bard Ventures’s Facebook Profile Page investors will find highlights of news releases, links to media and analyst coverage, information on upcoming events, exploration videos, specimen photo albums, and discussion topics. Bard Ventures encourages active and respectful discussion from the mining and investing community on all of its social media profiles.