Bayfield Commences Geological, Geotechnical and Geochemical Studies at Burns Block Gold-Silver Project in Rainy River, NW Ontario
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/06/13 -- Bayfield Ventures Corp. (TSX VENTURE: BYV)(PINKSHEETS: BYVVF)(FRANKFURT: B4N) is pleased to announce the commencement of a program of advanced geological, geotechnical and geochemical studies from the continuing exploration of its 100% owned mineral rights at the Burns Block gold-silver project. The Company's Burns Block is located in the Rainy River District of north-western Ontario and is ideally situated adjacent to the east of Rainy River Resources' main multi-million ounce gold-silver deposit and to the west of their expanding Intrepid gold-silver zone.
Rainy River District Gold Zones:
http://www.bayfieldventures.com/i/maps/BYV-Burns-Gold-Zones-NOV-2012.jpg
The main goal of the planned work is to increase confidence in the geometry, grade distribution and additional exploration potential of the down plunge portion of the Intrepid shoot of gold and silver mineralization located in the eastern and south-central portion of the Burns Block property.
East Burns - Intrepid Zone Cross Section Looking West:
http://www.bayfieldventures.com/i/maps/BYV-Eastern_Burns_Lookwest--nov19-(2).jpg
While the Intrepid shoot will be the main focus of the work program, the planned investigations will also cover high-grade gold-silver mineralized zones located in the western portion of the Burns Block as well as base metal rich gold and silver mineralization discovered on Bayfield's 100% owned mineral rights "B" Block property to the northeast.
Rainy River District Claims Map:
http://www.bayfieldventures.com/i/maps/BYV-RR-New-Area-11x17-Map-without-pit-May-2013.jpg
The following field work is planned to commence immediately:
1. Gyro down hole surveying of selected core holes in both the eastern and
western Burns Block will be done. This high sensitivity surveying is
being done to back up the routinely collected reflex down hole survey
data.
2. High precision drill hole collar surveying of the holes completed to
date in 2013. This surveying has been done in due course throughout our
exploration program and the planned surveying will complete the collar
location dataset to the present time.
3. Rock density values will be collected from core. This work will cover
rock intervals above, in and below known gold-silver zones and cover all
the geologic units logged during the exploration program.
Other studies to commence immediately include:
1. 3D modelling and wire framing of all high-grade gold-silver shoots
discovered by Bayfield will be done in order to better understand the
geologic controls on our developing resource as well as provide a solid
base for targeting planned extension drilling of known zones and
potential exploration drilling targets for additional high-grade shoots.
2. Base metal assays will be done for significant intervals of logged
chalcopyrite and sphalerite mineralization that occurs along with
previously announce gold-silver mineralization discovered in the south-
central portion of the "B" Block property.
3. Thin sections of key mineralized and altered zones will be prepared for
examination of mineral paragenisis with a focus on the style and
mineralogy in high-grade gold and silver bearing intervals.
4. Metallurgical and recovery studies are planned using the existing core
from important high-grade and lower-grade mineralized zones.
It is anticipated that this planned work will be completed by mid-July and that targeting of additional drilling for 2013 exploration, delineation and infill program will commence thereafter.
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. The Company is fully funded to finish its planned 100,000 metre diamond drill program with drilling concentrated on the flagship Burns Block gold-silver project.
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
"Jim Pettit"
James G. Pettit, Chairman and CEO
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.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Contacts:
Bayfield Ventures Corp.
James G. Pettit
Chairman and CEO
604-687-3376 or Toll Free: 800-567-8181
Bayfield Ventures Corp.
Don Myers
Director
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@bayfieldventures.com
www.bayfieldventures.com
Other Contact:
Envoy Strategic Partners Investor Relations
Jay Bedard
416-977-7778
jay@envoystrategicpartners.com