Bayfield Reports Silver Results from Further Assaying 2010 Drilling in Rainy River, NW Ontario
Suite 2230 - 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA
www.bayfieldventures.com
TSX-V Trading Symbol: Â BYV Â Â Â Â Â Â Â Â Â Â Â Â Â Â Telephone: (604)
Email:info@bayfieldventures.com 687-3376
              Facsimile:  (604)
687-3119
NEWS RELEASE
April 20, 2011
Bayfield Reports Silver Results from Further Assaying 2010 Drilling in
 Rainy River, NW Ontario
Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the "Company")
is pleased to announce silver results from further assaying 2010 drilling on its
100% owned Burns Block property in the Rainy River District of north-western
Ontario. The Burns Block is situated adjacent to the east and on strike to Rainy
River Resources' (TSX-V: RR) multi-million ounce gold and silver deposit. Rainy
River's February 2011 NI 43-101 resource calculation shows a drill indicated
resource of 3.42 million ounces of gold, averaging 1.1 g/t gold, in addition to
an inferred resource of 3.17 million ounces of gold, averaging 0.91 g/t gold. It
also contains a drill indicated resource of 6.61 million ounces of silver,
averaging 2.19 g/t silver, in addition to an inferred resource of 8.10 million
ounces of silver, averaging 2.32 g/t silver.
Rainy River gold properties claims map:
http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf
Highlights:
* Silver mineralization at the Burns property has an important impact on the
total metal value of mineralized zones discovered by Bayfield to date
* Impact can be seen by comparing gold grade with gold equivalent grade
* Silver mineralization at Burns could be very important in eventual
assessment of economic viability
* Hole RR10-10 returned 358 g/t silver over 3 metres which adds 10.52 g/t gold
equivalent value
* Hole RR10-11 returned 303 g/t silver over 1 metre which adds 8.91 g/t gold
equivalent value
* Previously reported hole RR10-18 returned 360 g/t silver over 10 metres
which adds 10.58 g/t gold equivalent in addition to gold assays of 36 g/t
* Silver assays for holes RR10-37 to RR10-54 are pending
Completion of Silver Assays from 2010 Drilling at Burns Block:
The chart below summarizes another major batch of silver assays from the 2010
drilling at the Burns Block. These assays are from holes RR10-08 to RR10-36. The
silver assays from holes RR10-37 to RR10-54 are pending and represent the last
of the catch-up silver assays from last year. Bayfield is now running silver
assays on all samples submitted for gold assay.
The coexistence of gold and silver at the Burns property has an important impact
on the total metal value of the mineralized zones at the project. This impact
can be seen by comparing the gold grade with the gold equivalent grade of the
intervals in the table and by simply reviewing the listed silver assays.
Updated Burns Block drilling exploration map:
http://www.bayfieldventures.com/i/maps/BYV_Burns_Exploration_Map_July_2010.jpg
The gold numbers in the chart have all been previously reported. Significant
silver mineralization at the Burns Block occurs solely within zones of gold
mineralization. This fact strongly suggests that the main stage gold
mineralization event in the district was in fact a gold-silver event.
Remaining Silver Assay Results from Holes RR10-08 to RR10-36:
+----------+--------+------+-----------+--------+--------+----------+
|DRILL HOLE|FROM (m)|TO (m)|INTERVAL(m)|Au (g/t)|Ag (g/t)|AuEq (g/t)|
+----------+--------+------+-----------+--------+--------+----------+
| RR10-8 | 426.00 |427.00| 1.00 | 1.42 | 59.40 | 3.17 |
| | | | | | | |
| | 462.00 |467.00| 5.00 | 4.19 | 23.38 | 4.88 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-9 | 466.00 |469.00| 3.00 | 1.03 | 120.23 | 4.57 |
| | | | | | | |
| | 479.00 |481.00| 2.00 | 9.93 | 219.05 | 16.37 |
| | | | | | | |
| Â | 542.00 |543.00| 1.00 | 2.00 | 33.70 | 2.99 |
| | | | | | | |
| | 561.00 |567.00| 6.00 | 1.19 | 7.38 | 1.41 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-10 | 422.00 |425.00| 3.00 | 8.17 | 357.83 | 18.69 |
| | | | | | | |
|including | 422.00 |424.00| 2.00 | 11.31 | 522.25 | 26.67 |
| | | | | | | |
|including | 423.00 |424.00| 1.00 | 17.18 | 885.50 | 43.22 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-11 | 521.00 |527.00| 6.00 | 1.50 | 21.80 | 2.14 |
| | | | | | | |
|including | 526.00 |527.00| 1.00 | 5.24 | 15.70 | 5.70 |
| | | | | | | |
| | 586.00 |588.00| 2.00 | 4.13 | 187.10 | 9.63 |
| | | | | | | |
|including | 587.00 |588.00| 1.00 | 6.96 | 303.00 | 15.87 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-12 | 192.00 |193.00| 1.00 | 0.57 | 46.40 | 1.93 |
| | | | | | | |
| | 207.00 |209.00| 2.00 | 2.47 | 143.00 | 6.68 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-20 | 62.00 |63.00 | 1.00 | 0.52 | 85.60 | 3.04 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-22 | 85.00 |86.00 | 1.00 | 0.85 | 94.60 | 3.63 |
| | | | | | | |
| Â | 106.00 |109.00| 3.00 | 0.76 | 47.17 | 2.15 |
| | | | | | | |
| Â | 115.00 |116.00| 1.00 | 1.07 | 14.60 | 1.50 |
| | | | | | | |
| Â | 133.00 |135.00| 2.00 | 7.54 | 6.65 | 7.74 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-23 | 84.00 |85.00 | 1.00 | 5.26 | 55.70 | 6.90 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-24 | 85.00 |87.00 | 2.00 | 0.71 | 36.80 | 1.79 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-25 | 71.00 |72.00 | 1.00 | 3.94 | 131.00 | 7.79 |
| | | | | | | |
| | 106.00 |116.00| 10.00 | 1.40 | 63.15 | 3.26 |
| | | | | | | |
|including | 106.00 |107.00| 1.00 | 2.78 | 95.40 | 5.59 |
| | | | | | | |
|including | 110.00 |112.00| 2.00 | 2.97 | 200.55 | 8.87 |
| | | | | | | |
| and | 111.00 |112.00| 1.00 | 4.84 | 317.00 | 14.16 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-27 | 96.00 |97.00 | 1.00 | 3.71 | 276.00 | 11.83 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-28 | 116.00 |118.00| 2.00 | 1.42 | 110.90 | 4.68 |
| | | | | | | |
|including | 117.00 |118.00| 1.00 | 2.52 | 192.00 | 8.17 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-30 | 158.00 |159.00| 1.00 | 0.83 | 30.70 | 1.73 |
| | | | | | | |
| Â | 165.00 |166.00| 1.00 | 2.32 | 30.20 | 3.21 |
| | | | | | | |
| Â | 173.00 |175.00| 2.00 | 2.00 | 12.05 | 2.35 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-31 | 97.00 |99.00 | 2.00 | 1.25 | 20.60 | 1.86 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-32 | 161.00 |170.00| 9.00 | 2.61 | 44.15 | 3.91 |
| | | | | | | |
|including | 163.00 |165.00| 2.00 | 3.35 | 101.05 | 6.32 |
| | | | | | | |
|including | 169.00 |170.00| 1.00 | 10.60 | 82.20 | 13.02 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10-33 | 147.00 |166.00| 19.00 | 1.16 | 11.42 | 1.50 |
| | | | | | | |
|including | 147.00 |152.00| 5.00 | 3.07 | 21.47 | 3.70 |
| | | | | | | |
| and | 148.00 |149.00| 1.00 | 9.83 | 47.00 | 11.21 |
+----------+--------+------+-----------+--------+--------+----------+
| RR10--34 | 133.00 |134.00| 1.00 | 0.75 | 44.60 | 2.06 |
| | | | | | | |
| | 171.00 |172.00| 1.00 | 1.31 | 14.80 | 1.75 |
+----------+--------+------+-----------+--------+--------+----------+
| RR11-35 | 135.00 |137.00| 2.00 | 1.05 | 30.90 | 1.96 |
+----------+--------+------+-----------+--------+--------+----------+
| RR11-36 | 111.00 |115.00| 4.00 | 1.24 | 47.68 | 2.64 |
| | | | | | | |
|including | 111.00 |113.00| 2.00 | 1.28 | 58.10 | 2.99 |
| | | | | | | |
|including | 114.00 |115.00| 1.00 | 1.64 | 55.50 | 3.27 |
| | | | | | | |
| | 119.00 |121.00| 2.00 | 0.96 | 19.95 | 1.55 |
| | | | | | | |
| | 147.00 |149.00| 2.00 | 1.28 | 51.60 | 2.80 |
| | | | | | | |
|including | 147.00 |148.00| 1.00 | 1.59 | 76.30 | 3.83 |
+----------+--------+------+-----------+--------+--------+----------+
* g/t = grams per metric tonne
* AuEq (g/t) values calculated at the current 34 to 1 (gold price vs. silver
price) ratio
Previously Reported Silver Assays from Holes RR10-15 and RR10-18:
+----------+--------+------+------------+--------+--------+----------+
|Drill HOLE|FROM (m)|TO (m)|INTERVAL (m)|Au (g/t)|Ag (g/t)|AuEq (g/t)|
+----------+--------+------+------------+--------+--------+----------+
| RR10-15 | 190.00 |199.00| 9.00 | 12.88 | 39.26 | 14.03 |
| | | | | | | |
|including | 190.00 |197.00| 7.00 | 16.17 | 48.77 | 17.60 |
| | | | | | | |
|including | 194.00 |197.00| 3.00 | 31.71 | 50.23 | 33.19 |
+----------+--------+------+------------+--------+--------+----------+
| RR10-18 | 497.00 |507.00| 10.00 | 35.93 | 359.65 | 46.51 |
| | | | | | | |
|including | 498.00 |499.00| 1.00 | 63.90 |1760.00 | 115.66 |
| | | | | | | |
| | 511.00 |514.00| 3.00 | 1.17 | 74.10 | 3.35 |
+----------+--------+------+------------+--------+--------+----------+
* g/t = grams per metric tonne
* AuEq (g/t) values calculated at the current 34 to 1 (gold price vs. silver
price) ratio
Silver mineralization occurs in at least two forms at the Burns Block. Based on
detailed core logging observations, it is known that silver occurs both combined
with gold as the alloy electrum and as native silver. Â It should be noted,
however, that these determinations have been made based on the color of the
visible veinlets, blebs and smears of native metals. It is likely that what we
are identifying as native silver also contains at least some alloyed gold.
The majority of high grade gold-silver zones at the Burns property also contain
galena mineralization. Â It is likely that the galena contains appreciable
silver, as is common in many poly metallic districts worldwide.
Bayfield plans to conduct a formal thin section study of the character of the
high grade mineralization at the Burns Block in the near future as a first step
toward understanding the mineralogical details of the mineralized zones.
Quality Assurance:
Drill core analysis and assaying is being conducted by ACT Labs in Thunder Bay,
Ont. The lab is ISO/IEC 17025:2005 (CAN-P-4E) certified. The drill core is split
and sampled in standard 0.5 metre to 1.5 metre intervals. The core samples were
analyzed for gold by 30-gm fire assay with AA finish and by gravimetric methods
from assays over 3000 ppb (over limit). Screened total metallic assays are being
performed on samples assaying over 10,000 ppb. The Company has implemented a
quality assurance and quality control program to ensure that the sampling and
analysis of all samples is conducted in accordance with the best possible
practices.
Shane Hu, P.Geo., Project Geologist for Bayfield Ventures is the Qualified
Person, as defined by National Instrument 43-101 and supervised both the project
field and the preparation of the technical information in this release.
About Bayfield Ventures Corp.:
Bayfield Ventures Corp. is exploring for gold in the Rainy River District of
north-western Ontario.
The Company has approximately 62 million shares outstanding and over $11 million
in its treasury.
On February 15th, Bayfield Ventures was recognized as a TSX Venture 50® company
in 2011. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.
The TSX Venture 50® are the top 10 companies listed on the TSX Venture
Exchange, in each of five major industry sectors - mining, oil & gas,
technology & life sciences, diversified industries and clean technology - based
on a ranking formula with equal weighting given to return on investment, market
cap growth, trading volume and analyst coverage. All data was as of December
31, 2010.
For further information on Bayfield Ventures Corp. (TSX-V: BYV), visit the
Company's web site atwww.bayfieldventures.com.
For drilling updates, follow Bayfield on Facebook:http://www.facebook.com
/group.php?gid=56518514278&ref=mf#!/group.php?gid=56518514278&v=wall.
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@bayfieldventures.com
Other Contact:
Envoy Strategic Partners Investor Relations
Jay Bedard
Telephone: 416-977-7778
Email:jay@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 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 onwww.sedar.com.
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originality of the information contained therein.
Source: Bayfield Ventures Corp. via Thomson Reuters ONE
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