News Feed Item

Bayfield Ventures Drill Program to Begin on Rainy River Gold-Silver Project, NW Ontario

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/04/14 -- Bayfield Ventures Corp. (TSX VENTURE:BYV)(PINKSHEETS:BYVVF)(FRANKFURT:B4N) is pleased to announce its drilling plans for the Company's Rainy River gold-silver project in north-western Ontario. Bayfield's flagship Burns Block property is surrounded by New Gold's Rainy River project and adjoins the immediate east of New Gold's multi-million ounce ODM17 gold-silver deposit and adjoins the immediate west of New Gold's expanding Intrepid gold-silver deposit.

Rainy River District Gold Zones:


Rainy River District Claims Map:


Bayfield anticipates its Rainy River drill program to start on the 15th of September.

Additional Discovery Potential on Burns Block Property:

Recommendations contained within the January 23, 2014 NI 43-101 Technical Report and Mineral Resource Estimate indicate the need for additional exploration drilling in the central portion of the Burns Block and additional delineation drilling on the Western Burns Zone and East Burns - Intrepid Zone of the property.

The majority of past drilling on the Burns Block has been concentrated on the western and eastern sides of the property. The central part of the property requires additional testing. The resources that have been identified cross the property boundaries onto the adjacent ground held by New Gold to the west and to the east.

Specific targets remain for additional discovery on the Burns Block. These targets have been grouped into four categories:

1.  Western Burns Zone: Additional drilling at depth on the Western Burns
    high grade zone would help fill in large holes in the model that have
    not been assigned a grade, due to a lack of data.

2.  East Burns - Intrepid Zone: Approximately 170 metres of plan view strike
    length extension potential of the southwest plunging East Burns -
    Intrepid high grade shoot remains untested along the southeast to south-
    central portion of the Burns Block. The down plunge length of this
    target is in excess of 220 metres. This down plunge extension has no
    drilling into the targeted high grade Intrepid Shoot.

3.  Central Burns Block Main Zone: Several holes collared in the sparsely
    drilled central portion of the Burns Block property have intersected 5
    to 15 metre wide zones of low grade to gram level gold mineralization
    hosted within the sheared, foliated quartz porphyry dacite. These
    intersections have not been followed up and present the potential of
    being associated with additional undiscovered shoots of higher grade

4.  Mineralized zones in both the hanging wall and footwall of the Main
    Zone: Completed drilling clearly shows the presence of multi-gram gold
    and silver mineralization in positions above and below the Main Zone.
    Several wide, significant mineralized zones lying below the Main Zone
    have been intersected but remain completely open due to lack of
    drilling. These targets are concentrated in the under explored central
    portion of the property. The presence of multiple mineralized horizons
    located above and below the robust Intrepid Shoot has been previously
    described by Rainy River Resources following delineation drilling of the
    shallow portion of the Intrepid immediately to the east of the Burns

For additional information please refer to the full report posted on Bayfield's web site and filed on SEDAR, www.sedar.com, dated January 23, 2014: BURNS BLOCK NATIONAL INSTRUMENT 43-101 COMPLIANT TECHNICAL REPORT.

Additional Discovery Potential on "B" Block Property:

Recommendations contained within the February 14, 2013 NI 43-101 Technical Report indicate the need for additional exploration drilling on Bayfield's "B" Block property.

The mine trend rock package is sharply deflected to the NNE along the western margin of the Black Hawk Stock. Logging results from diamond drill holes completed by Bayfield on the "B" Block confirm the presence of iron formations, argillite units and the well foliated and strongly sericite altered quartz porphyry dacite intrusive rocks rock package that hosts high grade and disseminated gold and silver mineralization at the "B" and Burns Block properties, as well hosting the bulk of the identified mineralization on New Gold's properties.

Rainy River Geological Map of the Burns Block and "B" Block:


Bayfield has discovered relatively narrow zones of multi-gram gold-silver mineralization over a large portion of the southern and central portions of the 480 acre "B" Block property. These well mineralized intervals occur within wide envelopes of lower grade mineralization and are mineralogically and texturally very similar to the mineralized zones at the Burns Block property.

The interpreted high potential for additional gold-silver discoveries at the "B" Block are from encouraging results in completed drilling as well the close proximity of the "B" Block to both the near surface portion of New Gold's Intrepid Zone and to the Burns Block property. "B" Block drilling has been shallow and the property is essentially unexplored below 250 metres from surface. The combination of very favourable geology and the known presence of gold-silver-copper-zinc mineralization make the "B" Block a very high quality target area for further discoveries through detailed exploration.

For additional information on the "B" Block Technical Report please refer to the full report posted on Bayfield's web site and filed on SEDAR, www.sedar.com, dated February 14, 2013 and titled: "B" BLOCK NATIONAL INSTRUMENT 43-101 COMPLIANT TECHNICAL REPORT.

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. Bayfield Ventures goal is to increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries.

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


James G. Pettit, Chairman and CEO


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.

Bayfield Ventures Corp.
James G. Pettit
Chairman and CEO
Telephone: 604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
[email protected]

Bayfield Ventures Corp.
Don Myers
Telephone: 604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
[email protected]

Envoy Strategic Partners Investor Relations
Jay Bedard
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU’s GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes.