lone pine molybdenum project
DESCRIPTION
Lone Pine Molybdenum ProjectTRANSCRIPT
TSX.V - CBSwww.bardventures.com
Lone Pine Lone Pine Molybdenum ProjectMolybdenum Project
Lone Pine Lone Pine Molybdenum ProjectMolybdenum Project
Property Location MapProperty Location Map
Lone PineProperty
Lone PineProperty
Claim LocationClaim Location
• Highway 1615km Houston50km to Smithers
• Pacific Northern Gas 10.75” dia. pipeline
• 500 kV transmission line and hydro substation
• CN Rail link to coastal ports of Kitimat and Prince Rupert
Exploration HistoryExploration History
• 1914 - First recorded work.Shaft sunk to 66 feet on Polymetallic Quartz Vein.
• 1959-1962 - Southwest Potash Corp. Geological, geochemical and geophysical surveys over mineralized molybdenum outcrops.
• 1964 - Canex Aerial Exploration Ltd. Geological mapping, soil geochemical surveys. One drill hole (139.3m)
1964-1971 - Molymine Exploration Ltd. 1964-1971 - Molymine Exploration Ltd.
• Extensive program comprising Geological, geochemical and geophysical surveys, trenching and sampling.
• Two distinct zones identified and referred to as “Quartz Breccia Zone” and “Alaskite Zone”.
• 1,006m trenching in Quartz Breccia and 915m in Alaskite Zones
• 110 vertical percussion drill holes = 2,882m with 2 core holes in Alaskite Zone and 10 core holes in Quartz Breccia Zone.
Quartz Breccia and Alaskite ZonesQuartz Breccia and Alaskite Zones
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
Massive fine grained volcanics
Massive grey diorite
Tuffs (grey)
Pinkish magnetic monzonitic dyke
Tuffs (brown)
Quartz BrecciaZone
AlaskiteZone
1975-1976 Granby Mining Corp.1975-1976 Granby Mining Corp.
• Geochemical, geophysical and geological surveys, road access.
• Granby Zone identified.
• 12 vertical percussion drill holes = 682.7m
• Best results from percussion drill hole M-3 reporting 0.136% MoS2 / 51.82m
Granby ZoneGranby Zone
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
Massive fine grained volcanics
Massive grey diorite
Tuffs (grey)
Pinkish magnetic monzonitic dyke
Tuffs (brown)
Quartz BrecciaZone
AlaskiteZone
GranbyZone
Percussion hole M30.13% MoS2 / 51.9m
1978 Granby Mining Corp.1978 Granby Mining Corp.
• Geochemical surveys east of the Alaskite Zone identified anomalous molybdenum in soils referred to as “Mineral Hill Zone”.
• 7 Percussion Drill Holes = 515.3m.
• Best results from percussion drill hole M14 reporting 0.03% MoS2 / 85.4m.
• 3 NQ core holes completed.
Mineral Hill ZoneMineral Hill Zone
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
Massive fine grained volcanics
Massive grey diorite
Tuffs (grey)
Pinkish magnetic monzonitic dyke
Tuffs (brown)
Quartz BrecciaZone
AlaskiteZone
GranbyZone
Mineral Hill ZonePercussion hole M14
0.03% MoS2 / 85.4m
Granby Drill HolesGranby Drill Holes
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
Massive fine grained volcanics
Massive grey diorite
Tuffs (grey)
Pinkish magnetic monzonitic dyke
Tuffs (brown)
Diamond hole G78-30.04% MoS2 / 40.0m
Diamond hole G78-10.067% MoS2 / 356.6m
Diamond hole G78-20.057% MoS2 / 348.7m
1.2 km
Exploration HistoryExploration History
• 1979-1983 Noranda Exploration Ltd.
– Evaluated for VMS potential east of Mineral Hill
• 1985 Daffrey Resources
– Assess precious metal potential of Quartz Breccia and Alaskite Zones
– 12 percussion drill holes
Exploration HistoryExploration History
• 1987 Southern Cross Gold Inc.
– Assess precious metal potential
– 8 NQ drill holes = 521.8m.
– Best results Quartz Breccia Zone 1.04opt Ag / 2.9m
• 2002 Daniel and William Merkley stake “Lone Pine” claims.
2006-2007 Bard Exploration2006-2007 Bard Exploration
• August 2006:Bard Options Lone Pine Property from Daniel and William Merkley of Houston, BC
• 2007: 41.25km of gridding
– 3D Induced Polarization Survey Magnetic Survey
• Jan-Feb 2007: 7NQ Drill Holes = 2836.4m
• Sept-Dec 2007: 16 NQ Drill Holes = 5383.1m
Bard 2008 Exploration ProgramBard 2008 Exploration Program
• Jan-April 2008: 16 NQ Drill Holes = 8957.2m
• July-Oct 2008: 16 NQ Drill Holes = 8957.2m
– Alaskite Zone: 40 Drill Holes = 21,295.2m
– Qtz Breccia Zone: 7 Drill Holes = 3456.3m
– Granby Zone: 4 Drill Holes = 952.6m
– Other: 4 Drill Holes = 1308.1m
• Total combined Drilling 2007-200855 Drill Holes = 27,012.2m
Bard DrillingBard Drilling
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
Massive fine grained volcanics
Massive grey diorite
Tuffs (grey)
Pinkish magnetic monzonitic dyke
Tuffs (brown)
Quartz BrecciaZone
AlaskiteZone
GranbyZone
BD-07-01
Alaskite ZoneDrill Section
Alaskite ZoneDrill Section
Mineral Resource SummaryMineral Resource Summary
MEASURED + INDICATED
Cut-off % Mo
Tonnes ≥ Cutoff (000's)
Mo%In-situ lbs Mo (000's)
0.02 151,536 0.069 232,071
0.03 140,417 0.073 225,193
0.04 110,340 0.083 201,733
0.05 84,869 0.094 176,628
0.06 66,454 0.106 154,890
0.07 54,702 0.114 137,758
0.08 47,583 0.120 125,858
0.09 41,556 0.126 115,132
0.10 34,975 0.131 101,310
INFERRED
Cutoff % Mo
Tonnes ≥ Cutoff (000's)
Mo%In-situ lbs Mo (000's)
0.02 27,827 0.084 51,532
0.03 27,555 0.085 51,636
0.04 25,840 0.088 50,131
0.05 22,839 0.094 47,331
0.06 18,295 0.104 41,947
0.07 15,238 0.111 37,290
0.08 13,092 0.117 33,769
0.09 11,800 0.121 31,477
0.10 10,186 0.125 28,070
0.02% Mo Cutoff = 179 Million Tonnes @ 0.07% Mo(GeoSim Services Inc.)
0.02% Mo Gradeshell Domain View 0.02% Mo Gradeshell Domain View
Looking NE
Solid Model of QFP, ALAS and ALAS/ANDSolid Model of QFP, ALAS and ALAS/AND
Alaskite / Mo Grade ShellAlaskite / Mo Grade Shell
Looking NW
Block Model Grade DistributionBlock Model Grade Distribution
Block Model ClassificationBlock Model Classification
24
Optimized Pit Shell ExtentsOptimized Pit Shell Extents
Bard 2009-10 Exploration ProgramsBard 2009-10 Exploration Programs
• Compilation of available historic data
• Mapping and soil geochemical survey (480 samples) covering 12.1 grid line kilometers overlying quartz feldspar granite intrusive.
• Historical showings located and sampled.
• Nov-Dec 2009: 9NQ Drill Holes = 2495.0m(BD-09-49 to BD-09-57)
• Feb – Mar 2010: 9 NQ Drill Holes = 3427.1m(BD-10-58 to BD-10-66)
Bard 2009-10 Exploration ProgramBard 2009-10 Exploration Program
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
Massive fine grained volcanics
Massive grey diorite
Tuffs (grey)
Pinkish magnetic monzonitic dyke
Tuffs (brown)
BD-07-01
BD-07-03
open open
NEW AREA OF MOLYBDENUMMINERALIZATION
NEW AREA OF MOLYBDENUMMINERALIZATION
Bard 2009 – Mo in SoilsBard 2009 – Mo in Soils
BD-07-01
BD-07-03
Bard 2009 – Cu in SoilsBard 2009 – Cu in Soils
BD-07-01
BD-07-03
Bard 2009 – Ag in SoilsBard 2009 – Ag in Soils
BD-07-01
BD-07-03
IP Chargeabilty – 50m DepthIP Chargeabilty – 50m Depth
BD-07-01
BD-07-03
IP Resistivity – 50m DepthIP Resistivity – 50m Depth
BD-07-01
BD-07-03
MagneticsMagnetics
BD-07-01
BD-07-03
BD-09-51, 56, 57BD-09-51, 56, 57
DDH From(m) To (m) Width (m) Mo(%)
BD-09-51 15.6 19.6 4.0 0.01
incl. 2.0m 1.3% Zn, 396gmt Ag
55.7 58.0 2.3 0.08
70.3 71.1 0.8 0.12
BD-09-56 20.0 29.3 9.3 0.05
78.4 80.4 2.0 0.10
159.4 170.8 11.4 0.03
BD-09-57 17.3 29.3 12.0 0.03
55.3 59.6 4.3 0.04
67.6 71.6 4.0 0.04
114.5 116.6 2.1 0.16
175.1 179.4 4.3 0.06
225.3 231.5 6.2 0.02
441.0 445.2 4.2 0.04
BD-09-52 to 55BD-09-52 to 55
DDH From(m) To (m)Width
(m)Mo(%)
BD-09-52 5.0 9.0 4.0 0.03
45.0 47.0 2.0 0.06
82.8 83.5 0.7 0.13
BD-09-53 3.0 12.6 9.6 0.02
37.6 39.6 2.0 529gmt Ag
71.0 73.4 2.4 0.02
incl. 2.1% Cu, 9.0% Zn, 303gmt Ag
BD-09-54 4.7 10.7 6.0 0.02
32.4 40.6 8.2 0.03
70.6 79.6 9.0 0.03
193.4 193.8 0.41.6% Cu, 4.0% Pb, 5.0% Zn, 2400gmt
Ag
BD-09-55 9.0 13.4 4.4 0.06
45.4 46.3 0.9 0.26
64.8 66.2 1.4 0.04
71.7 72.0 0.3 0.15
104.0 105.0 1.0 0.36
121.1 124.9 3.8 0.36
incl. 1.1 1.18
173.8 178.0 4.2 0.06
Bard 2010 DrillingBard 2010 Drilling
Coarse grained Quartz Feldspar PorphyryFine to medium grained alaskite intrusive or leucogranite
Hornfels and altered volcanics
open open
NEW AREA OF MOLYBDENUM
MINERALIZATION
NEW AREA OF MOLYBDENUM
MINERALIZATION
BD-10-61,62BD-10-61,62
DDH From (m) To (m) Width (m) Mo(%)
BD-10-61 81.1 83.3 2.2 0.05
and 123.0 130.1 7.1 0.03
and 133.6 178.4 44.8 0.04
incl. 137.0 140.0 3.0 0.05
incl. 147.8 148.7 0.9 0.10
incl. 153.9 172.0 18.1 0.06
incl. 153.9 157.1 3.2 0.10
incl. 165.2 170.0 4.8 0.10
and 232.5 243.8 11.3 0.03
incl. 234.1 238.6 4.5 0.05
and 255.4 313.5 58.1 0.04
incl. 255.4 268.0 12.6 0.07
incl. 265.6 268.0 2.4 0.22
incl. 265.6 266.3 0.7 0.23
incl. 0.7m - 0.7% Cu, 1.0% Pb, 3.4% Zn, 451 gmt Ag
incl. 274.5 286.4 11.9 0.06
and 329.4 335.1 5.7 0.03
and 377.8 383.2 5.4 0.05
incl. 379.8 380.2 0.4 0.36
Corporate StructureCorporate Structure
• Directors and Management
Eugene Beukman President
Jim Miller-Tait Director
Robert Pryde Director
John B. Malysa Director
Emmet McGrath Director
Rick Kemp Vice President, Exploration
Debra Watkins Corporate Secretary
Corporate Office: Suite 800 – 1199 West Hastings St.
Vancouver, BC V6E 3T5