Bayfield Ventures Corp.
TSX VENTURE : BYV
FRANKFURT : B4N

Bayfield Ventures Corp.

November 13, 2009 14:02 ET

Bayfield Ventures Corp.: 4th Tranche Share Issuance for Block "C" Mineral Claim, Rainy River District, NW Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2009) - Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) (the "Company") announces that pursuant to the terms of a Property Option Agreement originally announced by news release dated December 7, 2006, it has issued 25,000 common shares and paid the sum of $20,000 to Rubicon Minerals Corp. The Company had been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in Claim Block "C", consisting of 49 units (approximately 800 hectares) located in the Sifton Township, Rainy River District, Kenora Mining Division, NW Ontario.

Rainy River property claims map:
http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf

In order to earn a 100% interest in the Block "C" Mineral Claim, the Company must make a final cash payment of $35,000 on or before November 14, 2010.

The common shares issued are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring March 3, 2010.

Bayfield Ventures Corp. is actively involved in the exploration for gold in Northwestern Ontario.

For further information on Bayfield Ventures Corp. (TSX VENTURE:BYV), visit the Company's web site at www.bayfieldventures.com.

ON BEHALF OF THE BOARD OF DIRECTORS

James G. Pettit, Chairman

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Contact Information

  • Bayfield Ventures Corp.
    James G. Pettit
    Chairman
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    or
    Bayfield Ventures Corp.
    Don Myers
    Director
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    info@bayfieldventures.com
    www.bayfieldventures.com