August 21,
2007 (TSX-V: BYV)
NEWS RELEASE
Drilling to Commence on Rainy River Claim
Block “A”, NW Ontario
Vancouver, BC - Bayfield Ventures Corp. (TSX.V: BYV) (FWB: B4N) and Range Metals Inc. announce that the
companies have mobilized a diamond drill rig to the Rainy River district of
Northwestern Ontario for a drill program on their 50/50 joint venture Claim
Block “A” project. The property is located approximately 800
metres to the southwest, on strike, of Rainy River Resources gold discovery
on their ODM zone and the #17 zone.
Rainy River Ontario Claims Map:
http://www.bayfieldventures.com/i/maps/BYV-RR-Area-all.gif
Overburden
drilling and geophysical surveys (magnetometer and Horizontal Loop
electromagnetic) have been completed over the property during the 2007 winter
exploration program. Several targets on this block warrant diamond drilling
with anticipated Phase 1 drilling consisting of 6 to 7 holes totaling 1,500
metres.
The
Horizontal Loop electromagnetic survey indicates several moderate strength
bedrock conductors. Of significance is the location of the conductive zones
with respect to structures and a large area with high pristine gold grain
counts. The cluster of sites with high pristine gold grain counts would
indicate proximity to a bedrock source of gold.
5 reverse
circulation drill holes totaling 150 metres were completed during the 2007
winter exploration program. These holes were designed as infill drill holes
to confirm and expand information from a previous reconnaissance overburden
drill program by Nuinsco Resources in 1996. Average depth of samples taken on
the Claim Block “A” was approximately 25 metres. Five till
samples contained between 400 and 2,400 ppb gold, as determined by Overburden
Drilling Management Ltd.
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, and
copper-gold and coal in the South Gobi region of Mongolia.
Property partners include Goldcorp and BHP Billiton.
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
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