November 21, 2002______________________________________
THREE GOLD PROJECTS ACQUIRED IN CENTRAL BRITISH COLUMBIA
Bard Ventures Inc. ("Bard") is pleased to announce that it has entered into an option agreement to acquire an 80% interest in the Laidman, Holy Cross and Clisbako gold projects in the Nechako Plateau area, central British Columbia. All three properties are epithermal gold prospects that were discovered as a result of regional and property specific exploration conducted between 1987 and 1997. Gold and silver mineralization is well documented throughout this region, with developed deposits such as the Equity Silver Mine (33.8 million tonnes at 64.9 g/t silver and 0.46 g/t gold and the Blackdome Gold Mine (305,614 tonnes at 20.6 g/t gold and 63.9 g/t silver). In addition gold prospects such as Tsacha (478,600 tonnes at 8.72 g/t gold), Capoose (28 million tonnes at 36 g/t silver and 0.3 g/t gold), Wolf and Clisbako further indicate the potential of this mineralized belt.
The Laidman prospect contains gold mineralization associated with extensive zones of epithermal alteration and quartz stockwork. Surface samples of quartz veinlets returned values up to 19.6 g/t and 8.0 g/t gold. All known areas of mineralization remain open and several prospects previously identified have not been tested. A program of detailed soil and rock geochemistry and Induced Polarization geophysics is recommended to further delineate these zones and provide drilling targets.
The Holy Cross property contains four areas of silicified quartz veins with associated alteration within a prospective 3 km by 4 km area. Previous trenching on the property indicated broad zones of gold mineralization, including 1.0 g/t gold over 8.5 meters. Additional sampling has returned several high concentrations of gold, with a high value of 24.0 g/t gold. These higher grades coupled with the bulk tonnage potential make the Holy Cross an excellent exploration target. Detailed exploration, including geophysics, geochemistry and geology will be conducted to identify drilling targets.
The Clisbako property is a high level, low sulphidation epithermal gold system that has been defined by previous exploration. Surface exploration and shallow drilling has defined gold mineralization associated with intense epithermal style alteration over an area 3 km by 5 km. Numerous zones of mineralization have been defined with surface sampling returning values up to 9.72 g/t gold and 3.3 g/t gold over 3.29 meters. To define drill targets, a detailed geophysical and geological mapping program is recommended.
Bard will issue 100,000 common shares per property and undertake to incur $100,000 in exploration per property over the next two years, of which $50,000 will be incurred before the first anniversary of the agreement. The Optionor is Geoffrey Goodall, a director of Bard. The above is subject to regulatory approval.
On behalf of:
Bard Ventures Ltd.