The 2009 exploration program will initially focus on geological mapping, soil geochemical survey, prospecting and additional detailed geophysical surveys that will evaluate the new target areas to define specific targets for diamond drilling. The main focus will be in the area proximal to the delineated resource which is located on the west side of a non-mineralized Quartz Feldspar Porphyry. The initial program will focus on the south, east, and north sides of this porphyry where the geological environment is favorable for additional molybdenum mineralization at or near surface. If successful, this will result in an expansion of the current resource and the delineation of near surface mineralization that could serve as the source of initial development within the Lone Pine Property.

Lone Pine measured, indicated and inferred mineral resource summary:

-------------------------------------         -------------------------
                      MEASURED                         INDICATED
-------------------------------------         -------------------------
              Tonnes                            Tonnes
             greater                           greater
             than or                           than or
            equal to          in-situ         equal to          in-situ
Cut-off %     Cutoff           lbs Mo           Cutoff           lbs Mo
Mo            (000's)   Mo%    (000's)          (000's)   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 (i)       76,984  0.079   134,079 (i)
-------------------------------------         -------------------------
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
-------------------------------------         -------------------------
              Tonnes                            Tonnes
             greater                           greater
             than or                           than or
            equal to          in-situ         equal to          in-situ
Cut-off %     Cutoff           lbs Mo           Cutoff           lbs Mo
Mo            (000's)   Mo%    (000's)          (000's)   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 (i)       25,840  0.088    50,131 (i)
-------------------------------------         -------------------------
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: Rows marked with (i) indicates Base Case Scenario.

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

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 www.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.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd IR Hub at http://www.agoracom.com/... where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bard Ventures Ltd.
Eugene Beukman
President
(604) 687-2038
(604) 687-3141 (FAX)

www.bardventures.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Exploration in 2009 will initially focus on geological mapping, prospecting and additional detailed geophysical surveys that will evaluate these new target areas to define specific targets for diamond drilling. The goal of the 2009 exploration program will be to discover new areas of mineralization and to focus on targets that indicate the potential for the discovery of mineralization at or near surface. If successful, this will result in an expansion of the current resource and the delineation of near surface mineralization that could serve as the source of initial development within the Lone Pine Property.

The 2009 program has been designed giving due consideration to the current economic conditions and commodity prices. It will serve to continue to enhance and increase the potential of the Lone Pine Property and to build upon the success that the Company has had in the recent past.

Lone Pine measured, indicated and inferred mineral resource summary:

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

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 www.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.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd. IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bard Ventures Ltd.
Eugene Beukman
President
(604) 687-2038
(604) 687-3141 (FAX)
www.bardventures.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Fundamental Research Corp analysts have issued an update on Bard Ventures Ltd. (TSXV: CBS.V) entitled “Initial 43-101 Resource Estimate on Lone Pine Property; Fair Value Raised” and dated February 16, 2009. The full report is now at www.researchfrc.com.

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Dear shareholders,

In an effort to keep you up to date on all pertinent information regarding Bard Ventures Ltd. please visit http://researchfrc.com/ (research report date Feb 16, 2009)

Regards,

AGORACOM Investor Relations

Courtesy of Houston-today.com

Despite increasingly gloomy forecasts, the mining economy in Northwest B.C. is still active.

Commodity prices are falling, but the mineral riches in the region are going to be insurance for years to come. Prices are unpredictable and might soon be on the rebound, people in the industry say.

“Moly prices will come back,” said Eugene Beukman, president of Bard Ventures, who are currently exploring the Lone Pine property west of Houston. “It’s going to be a little tough for the next few months but it will turn for sure.”

Although the demand for molybdenum may be low, the supply is starting to increase. Bard Ventures recently reported finding a generous amount of the mineral — 200 million pounds worth — at the Lone Pine property.

Economic slumps like this call for a tightening of the belt, Beukman adds, but aren’t a reason for panic. “We have to be fiscally very responsible. We’re really looking for how to get the best bang for the buck.”

Bard Ventures saves money because they don’t have their own drilling program, Beukman notes. “Drilling a hole could cost $50,000.”

“We’ll make use of independent contractors.

On the other hand, Thompson Creek Metals is cutting back on all fronts.

In a Jan. 27 press release, the company announced they would reduce their production of molybdenum to 20 to 24 million pounds, down from a previous target of 31.5 to 34 million pounds.

They also said they were planning a temporary shutdown in the summer for “about a month” at the Endako mine.

“There are others things that we’re working on,” said Wayne Chevaldayoff, Director of Investor Relations at Thompson Creek, but stressed the company would only announce them “when we have a decision.”

The company has already announced a halt at the Smithers Davidson Project on Hudson Bay Mountain.

Duncastle Gold Corp, meanwhile, announced substantial findings of silver, copper and zinc at their Porphyry Creek project. The price of silver has fallen over the past year or so, but is now holding steady. And gold, the company’s mainstay is doing quite well in the markets holding near the $900 US mark. Not surprisingly, in the past three months, the company’s stock has been climbing.

Rob Boyce, Vice President of the Smithers Exploration Group, said that the current market fluctuation is bad for business, but recalls that the mining and exploration industries have weathered crises of the same sort in previous decades.

“The early 1980s and 1990s were similar but not as sharp of a drop. So I think it’s worse.”

However, Boyce said it’s too early to pass judgment. In his estimation, the market will become more favourable in the coming months “I think 2009 is going to be a difficult year and it will gradually improve late in the year. “

“Basically, commodity prices will rise.”

Prediction is a difficult game, he adds. Market fluctuations or new innovations can change things dramatically.

Generally speaking, the industry gets a boost with “higher demand for [their] product or a new technology that allows them to process it less expensively.”

B.C. has a very rich resource base, he added, and old mines can even be brought out of hibernation.

“There’s a number of mines that have been operated in the early part of the century that have sat dormant and then have been reopened.”

Bulkley Valley-Stikine MLA Dennis Mckay said he’s “somewhat optimistic that [the economic slowdown] is not going to impact the mining industry as dramatically as some people are forecasting.”

“The fact that we’re in a bit of an economic tailspin globally does not lessen the demand for the products that come from the mining industry.”

Lone Pine measured, indicated and inferred mineral resource summary:

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

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 www.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.

On behalf of:

Bard Ventures Ltd.

“Eugene Beukman”

Eugene Beukman, President

For further information please visit our website at www.bardventures.com

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward‑looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

The exploration drilling on the Lone Pine Property resulted in the discovery of a higher grade zone of molybdenum mineralization within the Alaskite Zone. As drill holes BD-08-25 and BD-08-35 represented the best molybdenum assay results within the higher grade core, rhenium analysis was conducted over the entire drill length of both drill holes. Rhenium is recovered as an economic by-product at some molybdenum porphyry mines. The following significant assay intervals for drill holes BD-08-25 and BD-08-35 are tabulated below:

Rhenium

Rhenium is used as an important component in superalloys for blades in turbine engines and this is the major use today. Rhenium is an ideal metal for use at very high temperatures, which makes it suitable for rocket motors. Rhenium is added to tungsten and molybdenum to form alloys that are used as filaments for ovens and lamps. It is also used in thermocouples which can measure temperatures above 2000 C, and for electrical contacts which stand up well to electric arcs. Rhenium is used in high-temperature superalloys that are used to make jet engine parts and in platinum-rhenium catalysts which in turn are primarily used in making lead-free, high-octane gasoline.

Exploration Goals

Bard is exploring for porphyry type molybdenum mineralization in Cretaceous-aged Bulkley intrusive rocks (Alaskite) and adjacent hornfelsed sedimentary (Argillite) and volcanic rocks (Andesite) of the Telkwa Formation.

Ideal location with established infrastructure

The Property has access to an existing 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.

Please refer to the Company's website at www.bardventures.com for drill hole locations and additional information.

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.

Pulp samples from BD-08-25 and BD-08-35 were analyzed by Acme Analytical Laboratories in Vancouver utilizing the Group 1F methodology. Analytical procedure consisted of an Aqua Regia digestion and Ultratrace ICP-MS analysis.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bard Ventures Ltd.
Eugene Beukman
President
(604) 687-2038
(604) 687-3141 (FAX)
Website: www.bardventures.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Lone Pine measured and indicated mineral resource summary:

Notes:
The mineral resources were estimated in December 2008 using ordinary
kriging constrained by grade domain and lithologic solid models. Only 
molybdenum grades were estimated.
 
Assay grade distribution was evaluated statistically before compositing.
No cutting or capping of molybdenum grades was deemed necessary.
 
Density measurements were made on 83 core samples and density 
was assigned based upon the median value for each lithologic domain.
 
'Best Fit' 10 m downhole composites were generated within a grade 
shelldomain based on 0.02% Mo cutoff grade.
 
Semi-variograms were modeled in order to develop kriging parameters,
search parameters and anisotropy. The block model size was set at
20 m x 20 m x 10 m. Block grades were estimated using three 
interpolation passes with increasing search distance.
 
The model was validated by comparing to nearest neighbour estimated and
composite grade distributions, swath plots and visual inspection of
sections and plans. Resources were classified as measured, indicated or
inferred based upon a number of constraints including, zone, drilling
density and distance to nearest composite.
 
A preliminary optimized open pit was generated in order to assess 
the potentially mineable portion of the resource. Blocks located beyond the
pit limits were excluded from the resource classification.
 
Resources are summarized in the tables below for a range of cutoff
grades. The cutoff grade selection in operating molybdenum mines is
sensitive to a large range of economic factors and can be impacted by
processing and mining method selection and scale. Cutoff grades are not
static during a typical mine life and hence a resource estimate that
provides a summary over a range of cutoff grades is useful in assessing
potential development options.

QA/QC Procedures and Methodology

The resource estimation has been prepared by GeoSim Resources Inc., under the direction of Ronald G. Simpson, P.Geo., an independent Qualified Person for the purpose of NI 43-101. A report under NI 43-101 disclosing these updated Lone Pine resources is being prepared by GeoSim Services Inc. and will be filed by Bard Ventures Ltd. on SEDAR within 45 days. Mr. Simpson has reviewed and approved the contents of this news release.

There are no known drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data used to prepare the mineral resource included in this news release. Bard is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing, or any other relevant issues by which the mineral resource included in this news release may be materially affected.

The drill core, placed in wooden boxes, was logged, photographed, and split using a hydraulic core splitter at the Company's core logging facility in Smithers. In general, samples of halved core were taken every 2 meters. Litho-breaks, especially dykes, eventually forced an uneven sample proportion. Samples were bagged in plastic bags including the sample interval tags and sample number. Every 20th sample, either a blank or a standard material was put in a bag with a tag and sample number. From BD-08-33 on a second standard was used, so the sequence every 20th sample was Blank-standard01-standard02-Blank for quality control purposes.

Samples from BD-07-01 to BD-07-20 were shipped by Canadian Freightways in Smithers to Acme Analytical Laboratories in Vancouver, B.C. for analysis. Samples from BD-07-21 to BD-08-32 were shipped by Canadian Freightways in Smithers to Eco Tech Laboratory of Kamloops, B.C. for analysis. Samples from BD-08-33 on were shipped to Acme Analytical Laboratories in Smithers, B.C. for preparation. Acme Smithers send the split sample to their facility in Vancouver, B.C. for analysis. Both Eco Tech Laboratory of Kamloops and Acme Analytical of Vancouver, B.C. are ISO 9001:2000 accredited laboratories.

The drill core was prepared for assaying using Acme's R150 prep method, and assaying was then completed for 35 element including Mo, Cu, Pb, Zn and Ag utilizing their 1E ICP-ES package. The R150 prep package consists of crushing 1kg of sample to 70% passing 10 mesh, then 250g of this material is split and pulverized to 95% passing 150 mesh. A 0.25g split of this material is then heated in HNO3-HCIO4-HF to fuming and taken to dryness. The residue is dissolved in HCL, and then the solution is analyzed by ICP. Mo assays exceeding 4,000ppm were re-assayed using Group 7TD Single Element (Mo) Assay by ICP-ES and 4-Acid Digestion. Eco Tech uses the similar procedure except the threshold for Mo re-assay was 500ppm. The split drill core is currently stored in a yard at the core logging facilities in Smithers. The stacks of cores are covered by a tin roof. The storage yard is fenced in and locked. The pulp samples are stored in an insulated shed.

The Company is very pleased with the resource of the Alaskite Zone. "This is only one of several known mineralized areas on the Lone Pine Property," stated Eugene Beukman, President. "This resource, as well as the recently reported positive metallurgical results (see news release dated January 9, 2009), adds critical components to the economics of the Lone Pine mineralization. We are extremely excited with the excellent results to date, and look forward to an aggressive exploration year ahead." The information from the resource calculations and the Company's database will help guide future exploration on the Lone Pine Property.

Ideal location with established infrastructure

The Property has access to an existing 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, B.C.

A plan of the drill holes in the Alaskite Zone may be viewed on the Company's website at www.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.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

For further information please visit our website at www.bardventures.com.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd. IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bard Ventures Ltd.
Eugene Beukman
President
(604) 687-2038
(604) 687-3141 (FAX)

Website: www.bardventures.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Also at the Meeting, all other routine matters of business were approved.

On behalf of:

Bard Ventures Ltd.

“Eugene Beukman”

Eugene Beukman, President

For further information please visit our website at www.bardventures.com

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward‑looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in

G & T Metallurgical completed the mineralogical and metallurgical test work on approximately 50 kg of representative quartered NQ2 size core assaying 0.060% molybdenum and 0.034% copper from the Alaskite Zone on the Lone Pine Property. The results of this first phase of testing are encouraging with the following results reported from G & T Metallurgical:

- Rougher circuit flotation tests produced molybdenum recoveries of 90% or greater to the rougher concentrate;

- open circuit batch cleaner tests produced concentrate grades as high as 43% molybdenum;

- the Bond ball work index of 14.1 kWh/tonne; and

- the sulphides present in order of abundance are pyrite/pyrrhotite, chalcopyrite and molybdenite.

The Company is very pleased with these initial results which add another critical component to the economics of the Lone Pine mineralization.

Ideal location with established infrastructure

The Property has access to an existing 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 www.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.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bard Ventures Ltd.
Eugene Beukman
President
(604) 687-2038
(604) 687-3141 (FAX)
Website: www.bardventures.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Diamond Drilling

The main exploration method, which started in January 2008, has been diamond drilling with emphasis on the Alaskite Zone and additional drilling completed in the Quartz Breccia and Granby Zones. Twenty-five drill holes totaling 15,739.6 metres were drilled in the Alaskite Zone, 2,476.7 metres were drilled in five drill holes in the Quartz Breccia Zone and 576.7 metres were drilled in two drill holes in the Granby Zone. A total of 18,793 metres were drilled in 2008 on the Lone Pine Property.

The drilling programs completed to date have provided positive results and have also confirmed molybdenum mineralization in all holes drilled over the entire Lone Pine Property. The drilling in the Alaskite Zone has confirmed a higher grade molybdenum core within a larger, approximately 550 metres by 310 metres in plan view, mineralized body that has a northwest/southeast attitude and a steep southwesterly dip. The significant assay results from the Company's drilling to date on the Lone Pine Property are tabulated below with the most significant intersections in the Alaskite Zone high-lighted in bold:

Click here to view chart

The last six drill holes in the 2008 exploration drilling program were designed to test the northwestern boundary of the Alaskite Zone. All drill holes encountered molybdenum mineralization although lower grade. The best drill hole was in BD-08-43 which encountered molybdenum mineralization with the best intercept being 232 meters of 0.04% Mo between 19-251m including 0.07% Mo over 46 meters between 55-101m. Drill holes BD-08-43 to BD-08-48 were vertical drill holes that collared into andesites and then continued to depth with intercalated andesite/alaskite before being shutdown in the quartz feldspar porphyry pluton.

Mapping

Geological surface mapping

A geological mapping program was initiated on the Lone Pine Property covering the Alaskite and Quartz Breccia Zones. Success in this mapping program has allowed Bard to better understand the constraints of the known alaskite intrusive as well as better enhance the future exploration on the property with additional proposed drill targets in other outlying areas of similar geological interest.

Orthophotography

Eagle Mapping Ltd., of Port Coquitlam, B.C., was contracted to complete an aerial photograph of the Lone Pine Property claims. These digital maps and orthophotography will be utilized in the forthcoming National Instrument 43-101 ("NI 43-101") resource estimate.

Resource Estimate and National Instrument 43-101 Report

After success of the drill holes in the Alaskite Zone, Bard has contracted Ron Simpson of GeoSim Services Inc. to complete a NI 43-101 compatible resource estimate and report on the project. The NI 43-101 report, though originally slated for release in the fourth quarter, is expected to be completed in early January 2009.

Metallurgical Studies

Bard submitted representative core of the Alaskite Zone molybdenum mineralization to G&T Metallurgical Services Ltd. of Kamloops, British Columbia, for metallurgical testing. This metallurgical report will be a component of the forthcoming NI 43-101 resource estimate.

Ideal location with established infrastructure

The Property has access to an existing 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 www.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.

Samples from BD-08-43 to BD-08-48 were analyzed by Acme Analytical Laboratories in Vancouver utilizing the Group 1E methodology. Analytical procedures consist of a 31 element ICP analysis followed by assay for any molybdenum ICP analyses greater than 4000 ppm.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

For further information please visit our website at www.bardventures.com.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

U.S. infrastructure proposals are spreading a bit of seasonal Christmas cheer to a depressed domestic mining and metals industry.

Author: Dorothy Kosich
Posted: Wednesday , 10 Dec 2008

RENO, NV -

Gold and commodity prices are benefitting from President-elect Barack Obama's proposed $136 billion infrastructure economic stimulus program, expected to generate up to 2.5 million U.S. jobs by 2011.

In a base metals industry report Tuesday, Canada's Haywood Securities say they believe the infrastructure program will also increase demand for molybdenum.

Caterpillar, engineering groups, and Brazilian steelmakers emerged as big winners on the NYSE Monday while industries as diverse as mining and internet companies are expected to economically benefit from the program.

Gold prices also rallied Monday along with other precious metals prices and commodities. Gold futures recorded modest gains on Tuesday, rising $ 4.90 to end at $774.20 an ounce on the NYMEX.

Federal lawmakers are scrambling to create their own infrastructure packages, including Rep. James Oberstar, D-Minnesota, chairman of the House Transportation and Infrastructure Committee, who has just proposed a $45 billion plan called Rebuild America. It calls for $18.25 billion for highways and bridges, $9 billion for environmental infrastructure, $6.5 billion for public transit, $2 billion for railways, $5 billion for the Army Corps of Engineers, and $1 billion for aviation.

Projects that could award contracts in 90 to 120 days would be given priority in Oberstar's proposal.

The nation's governors have also proposed $136 billion in infrastructure projects and has established a coalition for infrastructure investment. The U.S. Conference of Mayors Monday proposed 11,391 infrastructure projects, which would cost $73 billion. House of Representatives Ways and Means Committee Chair Charlie Rangel, Oberstar and several mayors participated in a press conference Monday to announce "ready-to-go" infrastructure projects that could be started and completed within two years.

Moly Demand

In their report issued Tuesday, Haywood analysts Stefan Ioannou and Danny Ochoa noted that more than 115,000 kilometres of new oil pipeline is planned over the next seven years. The oil and gas pipeline industry is an important consumer of steel.

While moly demand is expected to remain weak through the first half of next year, "the metal's longer-term outlook remains strong," they advised.

As moly demand grows at a rate of 4% to 6% each year, it requires the equivalent of one new molybdenum mine to come into production each year "over the foreseeable future." However, the analysts noted that only three advanced stage +20 million pound per annum development projects are currently under consideration: Freeport-McMoRan's Climax project in Colorado, General Moly's Mt. Hope project in Nevada, and Moly Mines' Spinifex Ridge project in Western Australia. Most new significant development projects are currently being delayed, the analysts said, including Thompson Creek's Davidson project and a mill expansion at its Endako project.

Haywood noted that both Thompson Creek delays "are a result of the low moly price environment and the company's capital preservation initiative."

Meanwhile, Chile, the world's second largest moly producer, is experiencing substantial reduction in moly production, which was down 26% during the first 10 months of this year.

The analysts also advised that "Chinese exporters have abandoned the moly market over the past three weeks given weak prices."

"Although large consumers in Europe remain out of the moly market, the Chinese have re-commenced buying albeit in thin volumes. The moly (oxide) price has responded positively, up to US$11/lb currently from a recent low of about US$9.80/lb," they added.

November of 2008 has been a dark time for the “little guys” of the worldwide mining business. However, during the height of the panic sell downs in October and November, when investors sold anything and everything out of terror into virtually no bids; as prices for the small, but promising miners and explorers literally fell from dollars to mere pennies, some of those miners and explorers saw exceptionally strong buying from one very important, very telling source: company insiders. More about that below, but first a very sober damage report.

A flood of blood in the streets in Canada

It is difficult to imagine how the chart below could look any uglier. The chart is the S&P Canadian TSX Venture Exchange or CDNX. This is the index which is the closest gauge to what is happening in the small resource sector.

Just since July the CDNX plunged a 5-month record 74%. Never before has the CDNX traded at such low levels relative to gold metal. Indeed, as of Friday, November 28, the CDNX was trading below where it traded at the bottom of the gold bear market in 2001; lower than when gold changed hands for just $255.00 the ounce.

To put things in harsh perspective, below is the CDNX compared to gold monthly since the previous gold bear market ended in 2001. As recently as May of 2008 the CDNX divided by the price of gold held a ratio of about 5.0. As of last week, the ratio had fallen so far, so fast that it had dropped to under 1.0.

Even back at the end of the great 20-year bear market for gold the ratio couldn’t drop below 2.7. If the ratio was 2.74 in late 2002, when gold traded for $270 (it was), then last week’s all time CDNX low of 685.07 had the Canadian miners and explorers trading as though gold metal was at $222.00. Silver was just over $4.00 in Late 2002. So the CDNX was discounting silver to something like $3.30 the ounce.

Dysfunctional markets

What we have just witnessed is the reverse of a short squeeze. We just saw a panic liquidation. So many people, funds and investors selling in panic when there were very few buyers. When there is strong selling pressure into no buying; when the market is skewed in favor of the short sellers so severely; when there is essentially no market for something, the market becomes dysfunctional and can go to the most severe of excessive overshoots to the downside.

This report believes that is exactly what has happened in the small, less liquid and very speculative markets for miners and explorers. Some investors panicked, so convinced by the dire and worsening economic news between July and November that the world was once again plunging into a deflationary depression, that they just wanted to preserve what little cash remained in their shares of these companies.

As more and more sold into fewer and fewer buyers, ruthless Bermuda, Bahamas, Russia and Germany-based short-selling sharks (working through enabling Canadian and Frankfurt broker/dealers) kept relentless pressure on these little companies, helping to drive them to levels so low they defied all reason. In many cases companies have been driven to well below their cash on hand regardless and despite the company having viable, economic resources. Companies were looked at solely on the basis of their net cash, cash versus their pending liabilities and then discounted! No value was assigned for reserves or resources as The Worst unfolded.

It’s about liquidity

One severe problem has been simple liquidity. The trading float on many of these Canadian companies is quite large relative to the number of shares which change hands each day. Many of them are or were owned by funds of all sizes. Funds held millions of shares of companies that only usually traded a few tens of thousands of shares daily or even weekly. Funds that either blew up or were forced to sell off large blocks of the small companies at precisely the time when there was no one buying. That is bad medicine for stock prices.

The seemingly inexplicably huge drops in price accentuated the panic. The Worst had happened. Stockholders watched in horror as their beloved small junior resource companies fell in huge percentages on relatively light volume, day after day, after day. Fear ruled so much and so pervasively that the small resource sector became a killing fields for investors.

The net effect has been that the entire illiquid Canadian market has become a distortion of value instead of a measure of it for the resources sector. This report still believes that it has also become one of the best opportunities we will ever see in this generation. That’s if all the economic stimulus and government meddling in the financial markets manages to do no more damage and we see a recovery of even a fraction of the confidence that these markets used to enjoy.

Tax loss selling big business in Canada

Right now tax loss selling is a major drag on the CDNX, both in Canada and in the U.S. It is especially a factor in Canada, because liberal tax laws there allow investors to recover taxes paid in prior years by taking losses this year. That’s true even for the largest holders, for which the shares became more valuable as a tax write off in Canada than for the future prospects of the company.

When investors (taxpayers) can reclaim tax money they paid two or even three years ago, hard cash, from the government by taking a tax loss today, it has to increase the amount of tax loss selling immensely. Remember that during December. It’s why there is a rush to do significant tax loss selling in Canada in October and November.

So there really is a deluge of blood in the streets in the small resources sector. Panic selling, fear of financial Armageddon, funds blowing up or raising cash for redemptions, forced selling, short selling opportunistic sharks and tax loss selling – all into nonexistent buying – has created the mother of all CDNX plunges and, hopefully, one of the best opportunities ever.

There is one group of investors that certainly has been buying into all the brutal carnage during October and November. They have been buying as never before and are what many feel are the smartest money in the markets, too. The big buyers are insiders of the companies themselves.

Insiders buying like crazy despite the dismal CDNX

While we have witnessed a reasonably good bounce on the HUI over the past few trading days (the HUI was up another 16% last week and, as of Friday, November 28 was actually up 64% from its Oct 10 bottom), the small Canadian resource companies barely registered any gain at all. While worrisome, it is not unexpected since so many of the best names in the resource business have been taken down to such amazingly cheap levels.

Money floods back into the best first after a brutal plunge. Only after that; only after a little confidence returns, will investment money flow seek the more risky, more speculative, but potentially much more rewarding companies on the Canadian exchanges.

When compared to the HUI, the CDNX shows a dismal performance so far.

As the Big Markets attempt to find a little confidence, let's be thankful for that. As each of you spends the quality time with family this holiday season, as is meant to be, here's a ray of hope for beleaguered, battered and beaten up Canadian junior miners and explorers.

Below is a chart of the buying/selling activity by insiders, the officers, directors and employees of Canadian companies provided by INK Research.

Source INK Research. Note: Since this graph was created, the ratio rose even higher, to 546% as of November 26.

Insiders: “Damn the torpedoes, buy, buy, buy”

Officers, directors and employees of companies can be the smartest money to watch. They are obviously in position to know whether or not their company has been mistreated by the market, whether or not their company has "things about to happen," whether or not their company is "onto something big," and, of course, whether or not their company is about to close their doors and pack it in.

In Canada, insiders are required to report all changes in their ownership positions in a timely manner. INK Research tracks those changes in insider ownership.

Nothing says "I think my company is cheap," louder and more believably than when the insiders are buying the common stock that management has already given them many options on for free. Nothing says more about what the expectations of a company's prospects are than when insiders are buying in large numbers of shares and in multiple transactions when the stock is down big (very good), or, conversely, when the insiders are selling in large numbers and often once the stock has been pummeled (very bad).

The above chart tracks the 60-day movement of Canadian companies reporting 100% buys by insiders versus companies reporting 100% sells by insiders. When this indicator is at 200%, that is a very high and usually bullish reading, such as it was back in January. Rarely does this 60-day indicator ever rise above 200%, as that indicates a very grossly oversold market in general. Remember: company stock is more often sold by insiders than bought, as stock is a form of compensation to the executives and employees of so many of these companies. So, when we see this 60-day index as high as 200% that is unusual, it is something out of the ordinary. It is screaming that insiders think Canadian stocks are way undervalued.

Well, the panic selling of all things risky accelerated in September-November. As people fearfully (and foolishly) sold anything and everything into virtually no bids, driving the share prices of many of the Canadian companies down to below-basement levels, (literally from a few dollars to mere pennies in so many of them it boggles the mind), this insider buy/sell tracking index rose right through 200%, but it didn't stop at an unheard of 250%, or even 300%. It didn't even slow down in its gigantic rise when it hit a stratospheric 350% or 400%. No, friends, this index has reached the positively, amazingly high level of over 500%!

Right or wrong, Canadian insiders think their stocks are bloody dang cheap as of Thanksgiving Day in the U.S. And, they are saying that in a most believable way: with their money.

Want to check the last 10 insider transactions on your favorite Canadian company for free? Here's the link.

Just type in the symbol in the upper right box without the exchange tag. Example: Almaden Minerals is AMM.T in Canada, but on the INK Research site just type "AMM." Gold Port Resources is GPO.V in Canada, but just use "GPO" in the INK Research search box.

With the share prices of so many companies so very low, resource investors will want to see the insiders buying and buying in large numbers on their favorite Canadian companies. That's if they want to be more confident they can come through the Cat-5 stock hurricane of 2008.

The way to view so many of the small miners and explorers at this point is that they represent inexpensive options. Very inexpensive in some cases. Options that don’t expire unless the company does.

Sure, many of the companies will not survive the brutal destruction of value we just endured. Some will, though, and if they do, they could turn into the proverbial 20 or 30-bagger every stock speculator dreams about.

Right now, when there is truly blood in the streets, seems like a very good time to see which companies have executives that think enough of the company’s prospects to risk their own cash money on their own company when the chips are way, way down. Which execs are buying these long-term “options” that trade like stock on the Canadian stock exchanges.

It’s also a good time to see which companies have execs that are throwing in the towel.

That’s it for this special Got Gold Report. Until next time, as always, MIND YOUR STOPS.

VANCOUVER, BRITISH COLUMBIA - Nov. 19, 2008 - Bard Ventures Ltd. ("Bard") or (the "Company") (TSX VENTURE:CBS) has received the results from BD-08-41 and BD-08-42 drill holes and is very pleased to announce the following drill results from its Lone Pine Molybdenum Property (the "Property"). The Property is located approximately 15 kilometers north-northwest of Houston, BC, and is situated in the Omineca Mining Division.

Final assay results have been received and interpreted from drill holes BD-08-41 and BD-08-42. The significant intervals for drill hole BD-08-42 are tabulated below:

Hole BD-08-41: This vertical drill hole was located northeast of the proposed extension of the interpreted alaskite mineralized corridor, 75 meters northeast of BD-08-37 and 100 meters west-northwest of BD-07-18. The rocks intersected are dominantly "hanging wall" andesites with weak to locally moderate veining and anomalous molybdenum mineralization.

Hole BD-08-42: A vertical drill hole, was collared 100 meters northwest of BD-08-38 and 50 meters southwest of BD-08-37. The drill hole collared into andesite at 10.67 meters before intersecting alaskite between 56.20 - 124.50 meters. Andesite was intersected between 124.50 - 201.00 meters followed by a lengthy intercept of alaskite between 201.00 - 545.00 meters. The drill hole was shutdown in the quartz feldspar porphyry pluton at a depth of 569.03 meters. The mineralization within BD-08-42 was consistent with the mineralization encountered 100 meters to the southeast in drill hole BD-08-38, thus extending the higher grade zone of the Alaskite Zone an additional 100 meters to the northwest. Molybdenum mineralization remains open to the northwest and continues to support the interpreted geological model.

The alaskite intrusive is the main focus of the Lone Pine Property drilling and has been interpreted as being the most favorable lithology for molybdenum mineralization. The alaskite intrusive to date continues to be drilled to the northwest of its original outcropping occurrence, the BD-07-01 area, with exploration advancement to the northwest ongoing. The alaskite intrusive has been interpreted to plan view as being currently 510 meters in length and 310 meters in width with molybdenum mineralization tested to a depth of 843 meters. A higher grade corridor of molybdenum mineralization has been outlined within the alaskite intrusive as shown in the favourable assay results from BD-07-16, BD-08-24, BD-08-25, BD-08-28, BD-08-29, BD-08-32, BD-08-35, BD-08-38, and now BD-08-42.

Geological and stratigraphic information from all holes as well as recent surface mapping suggests the alaskite intrusive continues to the northwest. The geophysical surveys, total field magnetics in particular, concur with this geological interpretation.

Ideal location with established infrastructure

The Property has access to an existing 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 www.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.

Samples from BD-08-41 and BD-08-42 are being analyzed by Acme Analytical Laboratories in Vancouver utilizing the Group 1E methodology. Analytical procedures consist of a 31 element ICP analysis followed by assay for any molybdenum ICP analyses greater than 4000 ppm.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

For further information please visit our website at www.bardventures.com.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd. IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

Forward-looking statements:

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Bard Ventures Ltd. expects to occur, are forward looking statements.

Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Bard Ventures Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future realities and actual realities may differ materially from those in forward looking statements. Factors that could cause the actual realities to differ materially from those in forward-looking statements include market prices, exploitation and exploration success, continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future realities and actual realities or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Bard Ventures Ltd.'s management on the date the statements are made. Unless otherwise required by applicable securities laws, Bard Ventures Ltd. expressly disclaims any intention and assumes no obligation to update or revise any forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Contact:Eugene Beukman Bard Ventures Ltd. President (604) 687-2038 (604) 687-3141 (FAX) Website: www.bardventures.com

Final assay results received and interpreted from drill holes BD-08-39 and BD-08-40 are as follows:

Hole BD-08-39, a vertical drill hole, collared into alaskite at 15.37 meters and continued in the intrusive through to 180 meters before intersecting intercalated alaskite and andesite rocks to 260 meters. Alaskite intrusive was encountered again from 260 - 413 meters, with andesite between 413 - 556 meters. The hole was shutdown in quartz feldspar porphyry pluton at 572.08 meters. BD-08-39 was collared between drill holes BD-07-16 and BD-08-24 and was designed to test the northern extent of the high grade corridor encountered by other alaskite zone drill holes. Favorable molybdenum mineralization and abundant stock work veining was visible throughout the drill hole correlating well with grade and the geological interpretation.

Hole BD-08-40, a vertical drill hole, was collared 100 meters northwest of BD-08-39 and 50 meters northeast of BD-08-36. The drill hole collared into andesite at 12.20 meters before intersecting lengthy intervals of intercalated alaskite and andesite between 23.60 - 531.00 meters. The barren quartz feldspar porphyry pluton, encountered at 531 meters was drilled to a depth of 556.84 meters before the hole was shutdown.

The alaskite intrusive is the main focus of the Lone Pine Property drilling and has been interpreted as being the most favorable lithology for molybdenum mineralization. The alaskite intrusive to date continues to be drilled to the northwest of its original outcropping occurrence, drill hole BD-07-01 area, with exploration advancement to the northwest ongoing. The alaskite intrusive has been interpreted to plan view as being currently 510 meters in length and 310 meters in width with molybdenum mineralization tested to a depth of 843 meters. A higher grade corridor of molybdenum mineralization has been outlined within the alaskite intrusive as shown in the favourable assay results from BD-07-16, BD-08-24, BD-08-25, BD-08-28, BD-08-29, BD-08-32, BD-08-35 and BD-08-38.

Geological and stratigraphic information from all holes as well as recent surface mapping suggests the alaskite intrusive continues to the northwest. The geophysical surveys, total field magnetics in particular, concur with this geological interpretation.

Ideal location with established infrastructure

The Property has access to an existing 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 www.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 at http://www.bardventures.com/s/NewsRe... ). The Lone Pine exploration work is being conducted under the supervision of Qualified Person Jim Miller-Tait, P. Geo., a Director of Bard.

On behalf of:

Bard Ventures Ltd.

Eugene Beukman, President

For further information please visit our website at www.bardventures.com.

For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd. IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

Forward-looking statements:

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Bard Ventures Ltd. expects to occur, are forward looking statements.

Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Bard Ventures Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future realities and actual realities may differ materially from those in forward looking statements. Factors that could cause the actual realities to differ materially from those in forward-looking statements include market prices, exploitation and exploration success, continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future realities and actual realities or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Bard Ventures Ltd.'s management on the date the statements are made. Unless otherwise required by applicable securities laws, Bard Ventures Ltd. expressly disclaims any intention and assumes no obligation to update or revise any forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

Contacts

Eugene Beukman
Bard Ventures Ltd.
President
(604) 687-2038
(604) 687-3141 (FAX)
Website: www.bardventures.com

Hole BD-08-37 was a vertical drill hole that collared into andesite at 15.30m followed by intercalated andesite and alaskite through to 163.00m. Andesite was encountered between 163.00 - 467.00m with minor intercalated alaskite throughout before intersecting the quartz feldspar porphyry. The drillhole was shutdown at 572.08m. Molybdenum mineralization and sulphide enrichment was generally weak throughout this drillhole; however, location of existing mineralized corridor continues to suggest a northwesterly trend. BD-08-37 is located approximately 370m northwest of BD-07-01. Hole BD-08-38, a vertical drillhole, was collared 100m northwest of BD-08-35. The entire drill hole from bedrock at 18.29m to the final depth of 715.02m assays 0.08% Mo (0.13MoS2) over 696.73m. The drillhole collared into Alaskite intrusive at 18.29m through to 583.40m before intersecting a moderate interval of intercalated Alaskite and andesite between 583.40 - 702.00. Quartz feldspar porphyry pluton, the typical shutdown rock was drilled through to 715.02m. Molybdenum mineralization in BD-08-38 is quite strong and extends the known boundaries of the high grade portion of the alaskite intrusive an additional 100m to the northwest of BD-08-35. The Alaskite intrusive is the main focus of the Lone Pine Property drilling and has been interpreted as being the most favorable lithology for molybdenum mineralization. The Alaskite intrusive to date continues to be drilled to the northwest of its original outcropping occurrence, BD-07-01 area, with exploration advancement to the northwest ongoing. The Alaskite intrusive has been interpreted to plan view as being currently 510m in length and 310m in width with molybdenum mineralization tested to a depth of 843m. A higher grade corridor of molybdenum mineralization has been outlined within the Alaskite intrusive as shown in the favourable assay results from BD-07-16, BD-08-24, BD-08-25, BD-08-28, BD-08-29, BD-08-32, BD-08-35 and now BD-08-38. Geological and stratigraphic information from all holes as well as recent surface mapping suggests the Alaskite intrusive continues to the northwest. The geophysical surveys, total field magnetics in particular, concur with this geological interpretation. Mapping Bard is pleased to announce that Eagle Mapping Ltd., of Port Coquitlam, B.C., has completed the aerial photography of the Lone Pine Property claims. These digital maps and orthophotography will be utilized in the forthcoming National Instrument 43-101 resource estimate. Ideal location with established infrastructure The Property has access to an existing 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 www.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. Samples from BD-08-37 and BD-08-38 are being analyzed by Acme Analytical Laboratories in Vancouver utilizing the Group 1E methodology. Analytical procedures consist of a 31 element ICP analysis followed by assay for any molybdenum ICP analyses greater than 4000 ppm. On behalf of: Bard Ventures Ltd. Eugene Beukman, President For all Bard Ventures Ltd. investor relations needs investors are asked to visit the Bard Ventures Ltd. IR Hub at http://www.agoracom.com/IR/bardventures where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to cbs@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time. Forward-looking statements: This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Bard Ventures Ltd. expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Bard Ventures Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future realities and actual realities may differ materially from those in forward looking statements. Factors that could cause the actual realities to differ materially from those in forward-looking statements include market prices, exploitation and exploration success, continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future realities and actual realities or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Bard Ventures Ltd.'s management on the date the statements are made. Unless otherwise required by applicable securities laws, Bard Ventures Ltd. expressly disclaims any intention and assumes no obligation to update or revise any forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, whether as a result of new information, future events or otherwise. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of content of this press release.

CONTACT INFORMATION: Bard Ventures Ltd. Eugene Beukman President (604) 687-2038 Fax: (604) 687-3141 Website: www.bardventures.com