Bayfield Ventures Corp.
TSX VENTURE : BYV
FRANKFURT : B4N

Bayfield Ventures Corp.

October 01, 2007 09:00 ET

Bayfield Ventures Corp.: Drilling Completed on Rainy River Claim Block "A", NW Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2007) - Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) and Range Gold Inc. have just completed the first drill program on their Claim Block "A" property, held 50% Bayfield and 50% Range Gold, which is situated to the immediate southwest of Rainy River Resources gold discovery.

Rainy River Ontario Claims Map:

http://www.bayfieldventures.com/i/maps/BYV-RR-Area-all.gif

Five drill holes totaling approx. 1,000 metres (about 200 metres per hole) have now been completed. These holes were targeted at defined geophysical targets and coincident gold grain sampling from the previous work program. To date, the rock types encountered are principally mafic volcanics including pillowed lavas. Some veining has been encountered in all holes, with some sulfides evident. Bayfield Ventures geologist is now in the process of analyzing the core and systematically sampling the drill core and readying a shipment of samples from the Claim Block "A" to the assay laboratory in Saskatoon, Sask. (TSL Labs).

Progress to date with the diamond drill program in Rainy River has been good. However, a good deal of the property included in the Bayfield / Range Gold land package is overlain with large areas of swampland. This is proving to be a challenge in where and how to locate the diamond drill to best intersect underground geophysical structures now known from the geophysics conducted last winter. Bayfield Ventures is making preparations to continue the drill program into the winter months of 2007-2008 when accessibility to all drill sites would be much easier.

David J. Busch, B.A., B.Sc., PGeo., is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.

Bayfield Ventures Corp. is actively involved in the exploration for gold in Northwestern Ontario, and copper-gold and coal in the South Gobi region of Mongolia. Property partners include Goldcorp and BHP Billiton.

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

Don Huston, President

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

The TSX Venture and Frankfurt Stock Exchanges have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this press release.

Contact Information

  • Bayfield Ventures Corp.
    Don Huston
    President
    (604) 687-3376 or Toll Free: 1-800-567-8181
    or
    Bayfield Ventures Corp.
    Don Myers
    Director
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    Email: info@bayfieldventures.com
    Website: www.bayfieldventures.com