Bayfield Ventures Corp. : Bayfield Commences Geological, Geotechnical and Geochemical Studies at Burns Block gold-silver project in Rainy River, NW Ontario
(Thomson Reuters ONE) -
Suite 2230 - 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA
www.bayfieldventures.com
TSX-V Trading Symbol: BYV
Email: info(at)bayfieldventures.com
Juune 6, 2013
Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (OTC Pink: BYVVF)
(Frankfurt: B4N) is pleased to announce the commencement of a program of
advanced geological, geotechnical and geochemical studies from the continuing
exploration of its 100% owned mineral rights at the Burns Block gold-silver
project. The Company's Burns Block is located in the Rainy River District of
north-western Ontario and is ideally situated adjacent to the east of Rainy
River Resources' (TSX: RR) main multi-million ounce gold-silver deposit and to
the west of their expanding Intrepid gold-silver zone.
Rainy River District Gold Zones:
http://www.bayfieldventures.com/i/maps/BYV-Burns-Gold-Zones-NOV-2012.jpg
The main goal of the planned work is to increase confidence in the geometry,
grade distribution and additional exploration potential of the down plunge
portion of the Intrepid shoot of gold and silver mineralization located in the
eastern and south-central portion of the Burns Block property.
East Burns - Intrepid Zone Cross Section Looking West:
http://www.bayfieldventures.com/i/maps/BYV-Eastern_Burns_Lookwest--nov19-(2).jpg
While the Intrepid shoot will be the main focus of the work program, the planned
investigations will also cover high-grade gold-silver mineralized zones located
in the western portion of the Burns Block as well as base metal rich gold and
silver mineralization discovered on Bayfield's 100% owned mineral rights "B"
Block property to the northeast.
Rainy River District Claims Map:
http://www.bayfieldventures.com/i/maps/BYV-RR-New-Area-11x17-Map-without-pit-
May-2013.jpg
The following field work is planned to commence immediately:
1. Gyro down hole surveying of selected core holes in both the eastern and
western Burns Block will be done. This high sensitivity surveying is being
done to back up the routinely collected reflex down hole survey data.
2. High precision drill hole collar surveying of the holes completed to date in
2013. This surveying has been done in due course throughout our exploration
program and the planned surveying will complete the collar location dataset
to the present time.
3. Rock density values will be collected from core. This work will cover rock
intervals above, in and below known gold-silver zones and cover all the
geologic units logged during the exploration program.
Other studies to commence immediately include:
1. 3D modelling and wire framing of all high-grade gold-silver shoots
discovered by Bayfield will be done in order to better understand the
geologic controls on our developing resource as well as provide a solid base
for targeting planned extension drilling of known zones and potential
exploration drilling targets for additional high-grade shoots.
2. Base metal assays will be done for significant intervals of logged
chalcopyrite and sphalerite mineralization that occurs along with previously
announce gold-silver mineralization discovered in the south-central portion
of the "B" Block property.
3. Thin sections of key mineralized and altered zones will be prepared for
examination of mineral paragenisis with a focus on the style and mineralogy
in high-grade gold and silver bearing intervals.
4. Metallurgical and recovery studies are planned using the existing core from
important high-grade and lower-grade mineralized zones.
It is anticipated that this planned work will be completed by mid-July and that
targeting of additional drilling for 2013 exploration, delineation and infill
program will commence thereafter.
Robert Marvin, P.Geo., CPG, VP Exploration for Bayfield Ventures is the
Qualified Person as defined by National Instrument 43-101 and supervised both
the project field work and the preparation of the technical information in this
release.
About Bayfield Ventures Corp.:
Bayfield Ventures Corp. is exploring for gold and silver in the Rainy River
District of north-western Ontario. The Company is fully funded to finish its
planned 100,000 metre diamond drill program with drilling concentrated on the
flagship Burns Block gold-silver project.
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
"Jim Pettit"
______________________________
James G. Pettit
Chairman and CEO
For further information contact myself or:
Don Myers
Director
Bayfield Ventures Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info(at)bayfieldventures.com
Other Contact:
Envoy Strategic Partners Investor Relations
Jay Bedard
Telephone: 416-977-7778
Email: jay(at)envoystrategicpartners.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
This news release may contain certain "Forward-Looking Statements" that may
involve a number of risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. For a more detailed
discussion of such risks and other factors, refer to the Company's filings with
Canadian Securities regulators available on www.sedar.com.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Bayfield Ventures Corp. via Thomson Reuters ONE
[HUG#1707841]
Unternehmensinformation / Kurzprofil:
Datum: 06.06.2013 - 18:38 Uhr
Sprache: Deutsch
News-ID 267424
Anzahl Zeichen: 7464
contact information:
Town:
Vancouver
Kategorie:
Business News
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