SOURCE: Bayfield Ventures Corp.

March 03, 2010 09:12 ET

Bayfield Further Extends Rainy River's ODM17 Gold Zone on "Burns" Block, NW Ontario

VANCOUVER, BC--(Marketwire - March 3, 2010) -


Suite 2230 - 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA

www.bayfieldventures.com

TSX-V Trading Symbol:         Telephone: (604) 687-3376
BYV                           Facsimile: (604) 687-3119
Email: info@bayfieldventures.com

NEWS RELEASE

March 03, 2010

Bayfield Further Extends Rainy River's ODM17 Gold Zone on "Burns" Block, NW Ontario

Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the "Company") announces drill results from its phase one 2010 winter drill program on its "Burns" Block claim group in the Rainy River District of Northwestern Ontario. The Burns Block is situated immediately to the east, on strike, of the Rainy River Resources (TSX-V: RR) major gold deposit.

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

Three diamond drill holes totalling 1509 metres were completed on the Burns Block property in February 2010. The holes were along the western edge of the property and completed a section immediately on strike with the eastern end of the "ODM17" zone of Rainy River Resources. The ODM17 zone is known to extend from the Rainy River Resources ground on to Bayfield's Burns block.

All three holes encountered gold values in the same litho-structural settings that host the ODM17 Zone and North Zone on the Rainy River Resources property. Gold mineralization is widespread within a sheared felsic pyroclastic sequence. Gold grade appears to be strongly influenced by proximity to the margins of strong sericitic alteration within the shear system.

+------------+--------+-------+----------------+----------+-------+
| Drill Hole | From M | To M  | Intersection M | G/T Gold | Zone  |
+------------+--------+-------+----------------+----------+-------+
|   RR10-1   | 142.8  | 204.0 |      61.2      |   0.49   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|  includes  | 187.5  | 204.0 |      16.5      |   1.20   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|  includes  | 191.5  | 199.0 |      7.5       |   1.77   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|  includes  | 191.5  | 194.0 |      2.5       |   3.03   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|  includes  | 196.0  | 197.0 |      1.0       |   3.09   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|   RR10-2   | 323.0  | 335.0 |      12.0      |   0.54   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|   RR10-3   | 358.0  | 378.0 |      20.0      |   0.12   | ODM17 |
+------------+--------+-------+----------------+----------+-------+
|   RR10-3   | 728.0  | 735.0 |      7.0       |   0.72   | North |
+------------+--------+-------+----------------+----------+-------+
|  includes  | 730.0  | 731.0 |      1.0       |   4.83   | North |
+------------+--------+-------+----------------+----------+-------+
|   RR10-3   | 745.0  | 746.0 |      1.0       |   9.51   | North |
+------------+--------+-------+----------------+----------+-------+
|   RR10-3   | 789.0  | 798.0 |      9.0       |   0.32   | North |
+------------+--------+-------+----------------+----------+-------+

The holes completed by Bayfield confirm the continuity of gold mineralization of the Rainy River Resources ODM17 zone along strike and down dip. The North zone has been confirmed to extend on to the Burns Block at depth. The "drill indicated" open pit resource on the Rainy River Resources ground (news release March 2(nd)) is stated as 55,657,000 tonnes at a grade of 1.20 g/t gold for a total of 2.37 Moz gold and 2.66 Moz gold in the inferred resource category.

"Burns" Block location map, Rainy River, NW Ontario http://www.bayfieldventures.com/i/pdf/BYVRainyRiver-Bayfield.pdf

Bayfield Ventures Corp. phase 2 drilling is to begin immediately on the Burns Block to establish additional strike length, grade and tenor of the gold mineralization.

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

About Bayfield Ventures Corp.

Bayfield Ventures Corp. is exploring for gold in the Rainy River and Red Lake districts of northwestern Ontario.

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

"Don Huston"

Donald C. Huston
President

For further information contact myself or:
Donald G. Myers
Director
Bayfield Ventures Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@bayfieldventures.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

[HUG#1390349]

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