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Lone Pine Property

Location

The Lone Pine Property consists of seven mineral claims covering 1051 hectares, approximately 15 kilometers north-northwest of Houston, BC; situated in the Omineca Mining Division.The Property area extends over several molybdenum showings including:

  • Alaskite Zone
  • Quartz Breccia Zone
  • Mineral Hill Zone
  • Granby Zone
These are documented as Minfile Nos. 093L 027, and 093L 028 on the Government of BC website.

Geological Description

The Property is underlain primarily by andesitic to rhyolitic flows, and breccias of the Lower Jurassic Hazelton Group volcanics of the Telkwa Formation, with some sedimentary rocks of the Upper Jurassic Bowser Group being present in discrete locales.

All the aforementioned rocks are altered or hornfelsed, proximal to the contacts of Cretaceous Bulkley Intrusions that are noted to occur in the middle of the property as well as the southern and western portions of the Property. Four distinct Bulkley intrusive phases have been mapped locally and consist of Alaskite, Quartz Feldspar Porphyry Pluton, Fine grained monzonites and dacite.

History

The Lone Pine, Huber, or Mineral Hill area has a long history of mineral exploration. First mention of the prospect appears in the Minister of Mines annual report for 1914. Geophysical surveys over the Alaskite Zone in the southern portions of the Property. Drilling, blasting and chip sampling was undertaken on mineralized outcrops elsewhere on the property.

Numerous companies from 1959 to 1971 conducted a variety of exploration over the property, however, it wasn't until 1976 that molybdenum mineralization was being sought after as a primary commodity. Between 1976 and 1992 continued exploration resulted in moderate molybdenum mineralization on the property.

The Merkley brothers of Houston BC staked the first Lone Pine Claims in 2002. From 2003 to 2006 the Claims were held in good standing with the filing of assessment work. That consisted of road and trail rehabilitation, prospecting and soil sampling. Bard Ventures ltd signed an option agreement with the Merkley brothers in early 2007. During 2007 and 2008 Bard has conducted a geophysical survey over the entire claim area, prospected, mapped, flown an airborne orthophotography survey, sent samples for Metallurgical testing and drilled approximately 27000 meters of NQ core in the Alaskite, Quartz Breccia and Granby Zones. Bard has completed the National Instrument 43-101 report with resource estimate detailing the Alaskite Zone.