June 29,
2009
(TSX-V: BYV)
NEWS RELEASE
Bayfield Acquires
Two New Properties in Northwestern Ontario
Vancouver, BC - Bayfield
Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the
?Company?) announces that it has acquired two properties located in the Sioux
Lookout District of Northwestern Ontario. The Company had these properties
staked in June 2009 and owns 100% of the claims with no encumbrances.
The Gold Creek
property comprises 2 claim blocks totaling 32 units (520 hectares) and is
located 130 kilometres north of the community of Sioux Lookout and
approximately 6 kilometres northwest of the former producing Golden Patricia
Mine which produced 860,000 tonnes grading 19.9 grams/tonne gold (0.58
oz/tonne gold).
The Gold Creek
property covers an area where high-grade gold float has been reliably
reported. The property is underlain by a major regional shear. A strong
airborne electromagnetic anomaly occurs near the reported float. Immediate
follow-up on this property will include prospecting, till sampling and
geophysics. An exploration program is expected to commence mid July.
For further Gold
Creek property information and maps:
http://www.bayfieldventures.com/s/GoldCreek.asp
The Drum
Lake property comprises 2
claim blocks totaling 32 units (520 hectares). It is located approximately 10
kilometres south-southwest of the past gold producing Golden Patricia Mine.
The Drum
Lake property covers
ground where drilling in the early 1970?s reported strong zinc values in one
drill hole with no follow-up. The intercept suggests proximity to an
exhalative centre and an acid sub volcanic. A number of untested airborne
conductors are also present on the claims. Base metal mineralization in this
type of setting warrants additional evaluation. Follow-up work will consist
of a grid with a magnetic survey and a deeper penetrating geophysical survey.
An exploration program will commence on this ground early August, 2009.
For further Drum
Lake property information
and maps:
http://www.bayfieldventures.com/s/DrumLake.asp
Following further
data compilation and review of Ontario Government assessment data, including
detailed airborne geophysical surveys, the Company is planning a detailed
budget and exploration program to identify potential drill targets.
David J. Busch,
B.A., B.Sc., PGeo. is the qualified person under the meaning of National
Instrument 43-101 and has reviewed the data in this News Release.
Bayfield Ventures
Corp. is actively involved in the exploration for gold in Northwestern
Ontario. Property partners include Goldcorp.
For further
information on Bayfield
Ventures Corp. (TSX-V: BYV), visit the Company?s web site at www.bayfieldventures.com.
ON BEHALF OF THE
BOARD OF DIRECTORS
?Don
Huston?
Donald C. Huston
President
Shares
Issued & Outstanding
20.1 Million Shares
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