Bayfield Ventures Corp. : Bayfield Drill Program to Resume at Burns Block Gold-Silver Project in Rainy River, NW Ontario, Geological, Geotechnical and Geochemical Studies Completed
(Thomson Reuters ONE) -
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, V7Y 1K4, CANADA
www.bayfieldventures.com
TSX Venture Trading Symbol: BYV
Email: info(at)bayfieldventures.com
August 9, 2013
Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (OTC Pink: BYVVF)
(Frankfurt: B4N) is pleased to announce that drilling is to resume at the
Company's 100% owned mineral rights Burns Block gold-silver project located
adjacent to the east of New Gold's (TSX: NGD) multi-million ounce Rainy River
gold-silver deposit and to the west of their expanding Intrepid gold-silver zone
in north-western Ontario.
Rainy River District Gold Zones:
http://www.bayfieldventures.com/i/maps/BYV-Burns-Gold-Zones-NOV-2012.jpg
Bayfield recently completed a program of advanced geological, geotechnical and
geochemical studies at Company's Burns Block and "B" Block properties. The main
goal of the program was to increase confidence in the geometry, grade
distribution and additional exploration potential of the up plunge and down
plunge portion of the Intrepid shoot of gold-silver mineralization located in
the eastern portion of the Burns Block property. While the Intrepid shoot was
the main focus of the work program, the investigations also covered the high-
grade gold-silver mineralized zones located in the western portion of the Burns
Block as well 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 results of the program are being used in gold-silver zone extension drilling
in several areas of the Burns Block project including Intrepid zone extension
exploration.
Highlights from this work program included:
1. Gyro down hole surveying of selected holes in both the eastern and western
Burns Block was done and results showed that the routinely collected reflex
down hole survey data is accurate and can be relied on for the plotting of
the position of completed holes and down hole gold-silver intercepts.
2. Detailed plotting of geologic and assay results from the Intrepid zone on
plan and section has resulted in identification of numerous targets for
expanding the high-grade gold-silver zone both by increasing the height of
the shoot within host foliated dacite and by extending the shoot further
down plunge to the southwest.
3. Rock Quality Data (RQD) was collected from the majority of completed holes
in the Intrepid Zone. The data clearly show that quality and strength of
the rock within and adjacent to the high-grade zones is excellent and that
no rock quality issues would be encountered in any potential future
underground development or mining.
4. Additional drill targets to the west of the Intrepid zone have been
identified during detailed examination of project data on plan section.
These targets include opportunities to re-enter and deepen existing holes to
explore in areas of known precious metal intercepts.
East Burns - Intrepid Zone Cross Section looking west:
http://www.bayfieldventures.com/i/maps/BYV-Eastern_Burns_Lookwest--nov19-(2).jpg
A drill rig and crew by Rodren Drilling Ltd. are currently being mobilized to
the Burns Block with drilling expected to resume around the middle of August.
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 release includes certain statements that may be deemed to be "forward-
looking statements". All statements in this release, other than statements of
historical facts, that address events or developments that management of the
Company expects, are forward-looking statements. Although management believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those
in the forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change. Factors that could cause actual
results to differ materially from those in forward-looking statements, include
market prices, exploration and development successes, continued availability of
capital and financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for further
information.
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#1722164]
Unternehmensinformation / Kurzprofil:
Datum: 09.08.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 286305
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contact information:
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