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Market: TSX-V
Sector: Gold Mining
EPIC: BYV
Latest Price: 0.40  (6.76% Ascending)
52-week High: 0.89
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Market Cap: 27.67M
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Bayfield Ventures
www.bayfieldventures.com

Bayfield Ventures Corp. (TSX-V: BYV) is exploring for gold and silver in the Rainy River district of northwestern Ontario.

Full Bayfield Ventures profile here
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Bayfield Ventures finds "significant" intercepts at Burns Block

8th Sep 2011, 12:14 pm by Joyanta Acharjee
Bayfield Ventures finds 'significant' intercepts at Burns Block

Junior explorer Bayfield Ventures (CVE:BYV) Thursday announced additional significant gold and silver intercepts on its 100%-owned Burns Block property in the Rainy River District of northwestern Ontario.

The property is adjacent to the east and on strike to Rainy River Resources' (CVE:RR) multi-million ounce gold and silver deposit.

Bayfield said the far North Fence definition drilling continues to intercept wide zones of near surface gold (Au) and silver (Ag) mineralization, with hole RR11-76 intercepting 34.50 metres of mineralization grading 0.56 grams per tonne (g/t) Au and 30.47 g/t Ag, starting at 36.50 metres down hole, and includes 1.0 metre grading 5.81 g/t Au and 773.00 g/t Ag.

South Fence drilling continued to show mineralized zones including 33.50 metres of 1.10 g/t Au and 11.49 g/t Ag in hole RR11-61. Hole RR11-95 also returned 14.50 metres of mineralization grading 0.65 g/t Au and 24.42 g/t Ag starting at 73.0 metres down hole. This intercept contains a high grade core of 5.10 metres, grading 1.38 g/t Au and 33.30 g/t Ag.

The Vancouver, BC-based company said its Central Fence eastward step-out drilling results included 7.7 metres of 1.32 g/t Au and 4.02 g/t Ag in hole RR11-94. A new zone of near surface gold mineralization was also discovered in a widely spaced step-out hole RR11-131, 500 metres east of the western property boundary. The mineralization is in the hanging wall of the main zone and has returned 2.3 metres of 1.11 g/t Au.

Bayfield said it is currently restarting the drilling of the Burns Block following a three-week shutdown to allow assay data to catch up with the drill program.

Two components will be the focus of the continuing program, in which about 40,000 metres remained to be drilled. The first is the continued exploration and definition drilling of near surface mineralization in the northwest portion of the Burns Block, including any new drill targets that develop as assay results continue to stream in.

Contracting of an additional diamond drill rig to conduct reconnaissance exploration on Bayfield's 1,977 acre, 100% owned "C" Block to the west is also being planned. Ground conditions will be the deciding factor in whether this exploration can be started this fall or whether it will have to wait until freeze-up in early 2012.

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