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Friday, March 05, 2010
News Release
Rainy River Drill Program Continues on "Burns" Block, NW Ontario
Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV)
(FWB: B4N) (the "Company") reports that a drill rig has been mobilized back onto the Company's 100% owned Burns Block in the Richardson township, Rainy River district of Northwestern Ontario. The Burns Block is situated immediately to the east, on strike, of the Rainy River Resources (TSX-V: RR) main ODM17 gold deposit. Drilling will commence immediately.
Rainy River district property claims map:
http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf
The objective of this drill program is to continue to explore and expand the extension and continuity of gold mineralization that is being delineated in the ODM17 Zone by Rainy River Resources on their ground adjacent to Bayfield's western boundary.
Gold reserves on the Rainy River Resources property were reported on March 2, 2010 as 56,833,000 tonnes at 1.3 g/t gold indicated (2.37 million ounces) in addition to 68,930,000 tonnes at 1.2 g/t gold inferred (2.66 million ounces). These resources were arrived at using a 0.4 g/t gold cut off.
10 holes have been drilled to date on the Bayfield Ventures Burns Block totaling 4841 metres.
Previous drilling includes Hole NR08-283, which was collared near the eastern boundary of Rainy River Resources property but deviated eastward where, approximately 30 metres inside Bayfield's Burns Block; it intersected a 4.5 metre interval grading 7.34 g/t gold at the 420 metre level. Drill hole NR08-294 intersected a 4.5 metre interval grading 2.24 g/t gold at the 263 metre level. Holes NR08-296 and NR08-304 targeted the east extension of the ODM17 zone intersected in hole NR08-283. NR08-296 cut a broad 25 metre interval grading 0.89 g/t gold. Hole NR08-304 intersected 43.5 metres grading 0.78 g/t gold including two zones from 178.5 to 183 metres and 204 to 208.5 metres grading 2.0 g/t gold and 3.0 g/t gold respectively. The previous drill program was designed to establish some length and strike of the ODM17 zone.
"Burns" Block location map, Rainy River, NW Ontario
http://www.bayfieldventures.com/i/pdf/BYVRainyRiver-Bayfield.pdf
Recent drilling includes RR10-1 which encountered intervals of 16.5 metres grading 1.20 g/t gold and 7.5 metres grading 1.77 g/t gold at depth from 187 metres to 204 metres. RR10-2 intersected 12 metre interval of 0.54 g/t gold at a depth of 324 metres. These intercepts relate directly to the extension of the ODM17 Zone onto the Burns block. RR10-3 targeted the down dip of the North Zone of Rainy River Resources and encountered intervals of 7.0 metre interval grading 0.72 g/t gold, 1 metre interval grading 4.83 g/t gold, and a 1 metre interval grading 9.51 g/t gold at a depth of 728 metres to 745 metres.
Drilling on the Burns Block has confirmed the widespread distribution of gold within two litho-structural intervals directly on strike with the ODM17 Zone and North Zone of Rainy River Resources.
Shallow intercepts reported by Bayfield Ventures along the strike extension of the ODM17 Zone of Rainy River Resources indicates that above gold cut off grade material (0.4 g/t) continues onto the Burns Block.
The zones of mineralization occur in felsic metavolcanics within zones of stronger penetrative foliation. The foliation is near coincident with the strike and dip of the lithologies. Gold grade appears to be strongly influenced by proximity to the margins of strong sericitic alteration within the shear system. The zones strike at 120 degrees and dip at around 50 degrees to the southeast on the Burns Block property.
Additional drilling will focus on establishing continuity and grade at depths within the shell of a potential open pit mine.
David J. Busch, B.A., B.Sc., PGeo., Exploration Manager, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.
About Bayfield Ventures Corp.
Bayfield Ventures Corp. is exploring for gold in the Rainy River and Red Lake districts of northwestern Ontario.
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
For further information contact myself or:
Donald G. Myers
Director
Bayfield Ventures Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@bayfieldventures.com
You can also view this News Release on our website at:
http://www.bayfieldventures.com/s/NewsReleases.asp?ReportID=388403
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CODE : BYV.V
ISIN : CA0727771051
CUSIP : 072777 10 5
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Dans les médias de Bayfield Ventures Corp.
30/03/2006
Corporate profile
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Fact sheet
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Annual Report 2007
Financements de Bayfield Ventures Corp.
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Arranges $1,000,000 Flow-Through Private Placement
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Bayfield Ventures Arranges $2,500,000 Financing
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Announces Revised Terms to $5,000,000 Brokered Private Place...
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Earns 100% Interest in 3 Rainy River Properties, NW Ontario
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Drills 13.0 g/t Au and 70.22 g/t Ag Over 6.6m Within 39.95m ...
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Bayfield Drills 33.13 g/t Au and 208.18 g/t Ag over 2.2m wit...
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Drills 33.13 g/t Au and 208.18 g/t Ag over 2.2m within 116.6...
20/01/2011
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Drilling Resumes in Rainy River, NW Ontario, Sampling, VTEM...
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Rainy River Drilling Intersects 4m of 6.17 g/t Au within 21m...
10/11/2010
Rainy River Drilling Intersects 7m of 3.11 g/t Au within 25m...
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Intersects Significant Near-Surface Gold in Rainy River, Bon...
20/10/2010
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13/10/2010
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Expands Rainy River Drill Program to 50,000 Metres
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Drills 35.93 g/t Au over 10.0m within 13.28 g/t Au over 28.0...
08/09/2010
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Correction Increases Drill Hole from 2.70 g/t gold to 5.08 g...
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Drill Program Intersects Gold in First 4 Holes
03/08/2010
(Burns Block (rainy River))
Mobilization of Second Drill Rig
27/05/2010
(Burns Block (rainy River))
Begins 20,000+ Metre Drill Program
10/05/2010
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Gold Drill Program Expanded to 20,000 Metres in NW Ontario
25/03/2010
(Burns Block (rainy River))
High-Grade Gold Results And Continued Exploration Success
05/03/2010
(Burns Block (rainy River))
Drill Program Continues on "Burns" Block
02/03/2010
(Burns Block (rainy River))
Phase One Drill Results
11/02/2010
(Burns Block (rainy River))
Phase One Drilling Completed in NW Ontario
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Begins Rainy River Drill Program
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Phase 1 Exploration Completed on Gold Creek Property, Additi...
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Exploration Begins on Gold Creek Property in Northwestern On...
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Rainy River Resources Receives Gold Resource Update
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(Burns Block (rainy River))
Rainy River Resources Identifies 2 Main Gold Zones on Bayfi...
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(Burns Block (rainy River))
Drill Program Begins on Rainy River Claim Block Located Near...
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Initial Drill Results on Rainy River Gold Project, NW Ontari...
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Rainy River Diamond Drilling Commences in NW Ontario
28/06/2007
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Diamond Drilling to Commence in July, NW Ontario
21/03/2007
(Burns Block (rainy River))
Geological Report Filed on Rainy River Gold Project, NW Onta...
Communiqués de Presse de Bayfield Ventures Corp.
20/11/2012
Drills 26.5m of 8.82 g/t Au and 39.44 g/t Ag and Extends Eas...
11/10/2012
Drills 19.60m of 5.45 g/t Au and 20.63 g/t Ag at East Burns ...
23/01/2012
Expands Rainy River Exploration Program with Drilling Commen...
15/02/2011
Ranks Third out of Ten Mining Companies to make TSX Venture ...
14/12/2010
Drills 89.96 g/t Gold over 1.1m within 46.6m of 2.28 g/t Gol...
18/10/2010
Closes $5,000,000 Financing
29/09/2010
Jay Taylors Watchlist Interview with Jim Pettit September 29...
24/08/2010
Drills 31.71 g/t Au over 3.0m within 12.88 g/t Au over 9.0m ...
22/06/2010
Burns Block Cross Section Map Looking East Showing Holes Dri...
07/05/2010
$4 Million Financing Closes for Drill Program
02/10/2009
3rd Tranche Share Issuance For Patented Claim
28/07/2009
Louis Chastko, PGeo. Joins Advisory Board
29/06/2009
Acquires Two New Properties in Northwestern Ontario
18/12/2008
Share Information
10/12/2008
Drills 5.7 g/t Gold on its Rainy River Claim Block, Ontario
16/09/2008
Major Gold Intersect Discovered by Rainy River on Bayfield's...
01/08/2008
Rainy River Announces Results West of Bayfield's Burns Block
05/10/2007
Trading Halted at Company's Request Pending News
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