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 Rainy River, Ontario Gold Creek Property, Ontario Drum Lake Property, Ontario Red Lake, Ontario • The Red Lake Gold Camp • Baird Gold Property |    Bayfield Ventures Corp. (TSX-V: BYV) is exploring for gold in the Rainy River and Red Lake districts of Northwestern Ontario. Property partners include Goldcorp. Bayfield's "Burns" block property is located in the Richardson Township, Rainy River District of northwestern Ontario. The property is surrounded by Rainy River Resources' (TSX-V: RR) property and adjoins the immediate east of the main Rainy River Resources ODM17 gold zone. In September 2008, Rainy River Resources intersected a 4.5 metre interval grading 7.34 g/t gold on Bayfield's "Burns" block. The option agreement was terminated when Rainy River Resources failed to spend the required exploration expenditures by November 2008. Rainy River Resources released an updated NI 43-101 compliant resource estimate for their property in March 2010 based on the 2009 drilling campaign announcing indicated resources of 2.37 million ounces of gold and inferred resources of 2.66 million ounces of gold. Bayfield also holds a 100% interest in two gold properties, claim blocks "B" and "C", in the Rainy River district of northwestern Ontario. The properties are well located to the immediate east and west (respectively) of the Rainy River Resources #433 and ODM17 gold zone discoveries. Bayfield 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 to increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries. |
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