Bayfield Ventures Corp. is exploring for gold in the Rainy River and Red Lake districts of Northwestern Ontario. Property partners include Rainy River Resources and Goldcorp.
Rainy River Resources is earning a 60% interest in Bayfield's "Burns Block" located in the Richardson Township, Rainy River District of northwestern Ontario. The Burns Block property adjoins the immediate east of the main Rainy River Resources' block which hosts the #17 / ODM gold deposits and where four drill rigs are actively exploring. Rainy River Resources will begin drilling on Bayfield's Burns Block immediately with $3 million in exploration proposed.
Bayfield also holds a 100% interest in two gold properties, claim blocks "B" and "C", and 50% in a forth gold property, claim block "A", in the Rainy River district of northwestern Ontario. The properties are well located immediate southwest, east and west (respectively) of the Rainy River Resources #17, #433 and ODM gold zone discoveries.
The Company also holds a 24.5% interest in the Baird property consisting of six claim units in the Red Lake gold camp of northwestern Ontario, 14 kilometres southwest of Goldcorp's operating gold mines. Goldcorp holds 51% interest in the Baird property.
Bayfield Ventures Corp's goal is increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries.
Bayfield Ventures Fact Sheet
Bayfield Ventures PowerPoint
Report on Rainy River Resources by Genuity Research, Jan. 2008
Report on Rainy River Resources by Wellington West, May 2007
Bayfield's Rainy River Map (Ontario)
The Goldcorp Story (Red Lake, Ontario)
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LATEST UPDATES
Tue May 27, 2008 : Share Structure : Bayfield Ventures Share Information (more...)
Thu Jan 31, 2008 : News Releases : Initial Results from Claim Block "B" Drilling, Geo... (more...)
Fri Jan 18, 2008 : News Releases : 2nd Tranche Share Issuance for Patented Claim, Sif... (more...)
Mon Jan 7, 2008 : News Releases : Private Placement Closes (more...)
Fri Dec 21, 2007 : News Releases : Drilling Completed on Rainy River Block "A" Claims... (more...)
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