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Lone Pine Molybdenum Project

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Page 1: Lone Pine Molybdenum Project

TSX.V - CBSwww.bardventures.com

Lone Pine Lone Pine Molybdenum ProjectMolybdenum Project

Lone Pine Lone Pine Molybdenum ProjectMolybdenum Project

Page 2: Lone Pine Molybdenum Project

Property Location MapProperty Location Map

Lone PineProperty

Lone PineProperty

Page 3: Lone Pine Molybdenum Project

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

Page 4: Lone Pine Molybdenum Project

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)

Page 5: Lone Pine Molybdenum Project

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.

Page 6: Lone Pine Molybdenum Project

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

Page 7: Lone Pine Molybdenum Project

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

Page 8: Lone Pine Molybdenum Project

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

Page 9: Lone Pine Molybdenum Project

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.

Page 10: Lone Pine Molybdenum Project

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

Page 11: Lone Pine Molybdenum Project

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

Page 12: Lone Pine Molybdenum Project

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

Page 13: Lone Pine Molybdenum Project

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.

Page 14: Lone Pine Molybdenum Project

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

Page 15: Lone Pine Molybdenum Project

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

Page 16: Lone Pine Molybdenum Project

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

Page 17: Lone Pine Molybdenum Project

Alaskite ZoneDrill Section

Alaskite ZoneDrill Section

Page 18: Lone Pine Molybdenum Project

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.)

Page 19: Lone Pine Molybdenum Project

0.02% Mo Gradeshell Domain View 0.02% Mo Gradeshell Domain View

Looking NE

Page 20: Lone Pine Molybdenum Project

Solid Model of QFP, ALAS and ALAS/ANDSolid Model of QFP, ALAS and ALAS/AND

Page 21: Lone Pine Molybdenum Project

Alaskite / Mo Grade ShellAlaskite / Mo Grade Shell

Looking NW

Page 22: Lone Pine Molybdenum Project

Block Model Grade DistributionBlock Model Grade Distribution

Page 23: Lone Pine Molybdenum Project

Block Model ClassificationBlock Model Classification

Page 24: Lone Pine Molybdenum Project

24

Optimized Pit Shell ExtentsOptimized Pit Shell Extents

Page 25: Lone Pine Molybdenum Project

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)

Page 26: Lone Pine Molybdenum Project

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

Page 27: Lone Pine Molybdenum Project

Bard 2009 – Mo in SoilsBard 2009 – Mo in Soils

BD-07-01

BD-07-03

Page 28: Lone Pine Molybdenum Project

Bard 2009 – Cu in SoilsBard 2009 – Cu in Soils

BD-07-01

BD-07-03

Page 29: Lone Pine Molybdenum Project

Bard 2009 – Ag in SoilsBard 2009 – Ag in Soils

BD-07-01

BD-07-03

Page 30: Lone Pine Molybdenum Project

IP Chargeabilty – 50m DepthIP Chargeabilty – 50m Depth

BD-07-01

BD-07-03

Page 31: Lone Pine Molybdenum Project

IP Resistivity – 50m DepthIP Resistivity – 50m Depth

BD-07-01

BD-07-03

Page 32: Lone Pine Molybdenum Project

MagneticsMagnetics

BD-07-01

BD-07-03

Page 33: Lone Pine Molybdenum Project

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

Page 34: Lone Pine Molybdenum Project

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

Page 35: Lone Pine Molybdenum Project

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

Page 36: Lone Pine Molybdenum Project

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

Page 37: Lone Pine Molybdenum Project

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