Bayfield Ventures Corp. : Bayfield Expands Rainy River Exploration Program with Drilling Commencing on 'C' & 'B' Block Properties

VANCOUVER, BC -- (Marketwire) -- 01/19/12 --

Suite 2230 - 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA
www.bayfieldventures.com

TSX-V Trading Symbol: BYV

Email:info@bayfieldventures.com

January 19, 2012
Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the
'Company')
is pleased to announce an expanded exploration program on its projects
in the
Rainy River District of north-western Ontario. Diamond drilling is now
underway
on the Company's 100% owned, 1,976 acre 'C' Block property situated to the
west
of Rainy River Resources' (TSX: RR) multi-million ounce gold
deposit.
Additionally, drilling on Bayfield's 100% owned, 1,185 acre 'B' Block
property
will commence immediately. Drilling has resumed after the holiday break
on the
100% owned, 80 acre Burns Block flagship project which is situated
adjacent to
the east and on strike to Rainy River Resources' main ODM17 gold zone.

Rainy River gold properties claims map:

http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf

'C' Block Exploration:

Exploratory drilling of the 'C' Block property is now underway. The
property is
well positioned along the western extension of the Rainy River gold
district.
The goal of this initial drilling is to establish the character of the bed
rock
across the property since the vast majority of the property is
covered by
glacial till deposits. The property is underexplored and constitutes
significant
blue sky potential for Bayfield in the emerging Rainy River gold district.

'C' Block satellite map with conductors and drill hole location:

http://www.bayfieldventures.com/i/maps/C-Block-Satellite-Map-with-
Conductors.jpg

Drill targeting is being guided by the compiled results of ground
magnetic
surveys completed in 2007 and by the results of helicopter VTEM and
magnetic
data flown for Bayfield in late 2010. These data compare favourably
with
similar data collected at the Burns and 'B' Block area and suggest
that a
similar package of rock types is present in both areas. Ten planned holes
will
complete a south to north transect across the property. Further work
will be
contingent on the results of this first phase of drilling.

'C' Block total magnetic intensity map and drill hole location:

http://www.bayfieldventures.com/i/maps/C-Block-Total-Magnetic-Intensity-
Map.jpg

'B' Block Exploration:

In 2008, Bayfield drilled 2 metres of 5.84 g/t gold in the south-central
portion
of the 'B' Block. This mineralization lies within 200 metres of the
surface.
However, a small amount of follow-up drilling conducted by Bayfield in
2010 was
unsuccessful in extending this mineralized zone. Data from drilling
completed on
our flagship Burns Block property in 2010 and 2011 has shown a strong
tendency
for higher-grade gold and silver mineralization to be localized in
predominantly
north-south trending structures within a pervasive lower-grade
mineralized
envelope. The drilling completed at the 'B' Block in 2010 was not
directed at
north-south structures and was therefore insufficient in properly
targeting the
know orientations of gold and silver zones. A series of east to west
trending
holes has been planned to more efficiently explore for zones of gold and
silver
mineralization given the geology and structures common in the district.
This
drilling will commence by January 24(th).

Burns Block Exploration:

Bayfield has resumed the drilling on its flagship Burns Block Project
and is
currently exploring the property to the east. To date, over 260 holes have
been
completed on the Burns Block. The Company is consistently
intercepting the
target sericite altered shear zone while closely watching for
additional
mineralization in both the hanging wall and footwall of the main zone.
Bayfield
is also drill testing the high magnetic/conductor anomaly
identified by
geophysical work completed last December in the northeast quadrant of the
Burns
Block. Results from this ongoing drilling are still pending.

Updated Burns Block drill hole location map:

http://www.bayfieldventures.com/i/maps/BYV_Burns_Block_Drill_Collar_Map_Nov
_2011
.jpg

Bayfield has a remaining 30,000 metres of drilling in its 100,000 metre
ongoing
program at its Rainy River properties with the bulk of this drilling
to be
carried out on the Burns Block.

Qualified Person:

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 has 62.8 million shares outstanding and over $4 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 at www.bayfieldventures.com.

ON BEHALF OF THE BOARD OF DIRECTORS

'Jim Pettit'

_______________________________

James G. Pettit

Chairman and CEO

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.

This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Bayfield Ventures Corp. via Thomson Reuters ONE

[HUG#1578832]

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: Email Contact


Other Contact:


Envoy Strategic Partners Investor Relations


Jay Bedard


Telephone: 416-977-7778


Email: Email Contact