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Bayfield Ventures Corp.

Publié le 17 août 2009

Phase 1 Exploration Completed on Gold Creek Property, Additional Property Acquired

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August 17, 2009                                            (TSX-V: BYV)

NEWS RELEASE

 

Bayfield Completes Phase 1 Exploration on Gold Creek Property,

Acquires Additional Property in Northwestern Ontario

 

Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the ?Company?) announces that a detailed till sampling program has been completed on its newly acquired 520 hectares Gold Creek property in the Pickle Lake area of northwestern Ontario.

 

Gold Creek property location map:

http://www.bayfieldventures.com/i/maps/BYV-Gold-Creek-Mid-Scale-Map.jpg

 

An in-depth prospecting and geological mapping program has also been completed. The Gold Creek property is situated along a geological contact with a known Greenstone belt and a Granodiorite intrusion. Bayfield is attempting to qualify historic data of high grade gold float samples reported from the immediate area.

 

Approximately 70 till samples have been taken from the property and have now been submitted to a laboratory for an analysis of content of gold grain counts within the tills. A number of rock samples have also been submitted to the lab for analysis. The Company is preparing a budget for an additional work program.

 

Bayfield Ventures has also acquired another property via staking in the same general area. The new Banana Lake property consists of 2 claim blocks totaling 32 units (520 hectares). The Banana Lake claims are located approximately 17 kilometres to the south of the Gold Creek claims. Historical airborne geophysical data available from government assessment files indicate a number of untested airborne targets are present on the claims. Base metal mineralization in this type of geological setting warrants additional evaluation.

 

The Company anticipates a fall / winter program to be conducted on the newly acquired Banana property.

 

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
20.2 Million Shares

Bayfield Ventures Corp.
#2230-885 W. Georgia St.
Vancouver, BC  V6C 3E8

Web:
www.bayfieldventures.com

Contact: Don Myers
Email:
info@bayfieldventures.com
Phone: (604) 687-3376
Toll Free: 1-800-567-8181

 

<

Bayfield Ventures Corp.

EXPLORATEUR
CODE : BYV.V
ISIN : CA0727771051
CUSIP : 072777 10 5
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Bayfield Ventures est une société basée au Canada.

Bayfield Ventures détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont GOLD CREEK, DRUM LAKE, BAIRD, BURNS BLOCK (RAINY RIVER) et C CLAIMS au Canada.

Bayfield Ventures est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 17,9 millions CA$ (15,1 millions US$, 12,6 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2008 à 0,05 CA$, et son plus haut niveau récent le 10 septembre 2010 à 1,38 CA$.

Bayfield Ventures possède 74 440 000 actions en circulation.

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