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Bayfield Expands Rainy River Drill Program by an Additional 50,000 Metres

ID: 1023060
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(businesspress24) - Bayfield Expands Rainy River Drill Program by an Additional 50,000 Metres

April 26, 2011 - Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the “Company”) is pleased to announce the expansion of its Rainy River drill program by an additional 50,000 metres on its 100% owned Rainy River properties in the Rainy River District of north-western Ontario. The Company’s Burns Block is situated immediately to the east and on strike to Rainy River Resources’ (TSX-V: RR) gold project.

Rainy River gold properties claims map:
http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf

Bayfield has drilled approximately 33,000 metres of the initially planned 50,000 metre drill program which commenced in May 2010. The Company recently raised an additional $5.5 million and is well funded with $11 million in its treasury to double the planned drilling to 100,000 metres. Bayfield has contracted a third diamond drill rig which will be mobilized to the Company’s Burns Block in early May.

The Company remains focused on two complimentary exploration efforts on the Burns project including delineation of the high grade zones in the west portion of the property (36 g/t Au over 10m in hole RR10-18, 31.7 g/t Au over 3m in RR10-15, and 6.75 g/t Au and 211.07 g/t Ag over 3m in a new discovery zone in RR11-14) as well as the eastward exploration towards the central portion of the block. The drilling is progressing very well and has yielded impressive results thus far as Bayfield continues to define the eastward extension of Rainy River’s main ODM17 gold zone. The bulk of the drilling on the Burns Block has been focused in the western 200 metres of the property leaving 600 metres of highly prospective strike length to be explored.

Additionally, Bayfield plans to drill a series of exploration holes on its large and virtually unexplored “C” Block property which lies on the westward extension of the volcanic belt that hosts the known gold-silver deposits in the district. This drilling will be done in winter 2011 and 2012 as ground conditions in summer are too wet to allow efficient drill exploration.



Burns Block drilling exploration map:
http://www.bayfieldventures.com/i/maps/BYV-SW-Corner-of-Burns-Block.jpg

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 approximately 62 million shares outstanding.

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.

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
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(at)bayfieldventures.com

Other Contact:
Envoy Strategic Partners Investor Relations
Jay Bedard
Telephone: 416-977-7778
Email: jay(at)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 on www.sedar.com.



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Date: 04/26/2011 - 09:21
Language: English
News-ID 1023060
Character count: 0
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Firma: BAYFIELD VENTURES
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