Rainy River Resources Identifies 2 Main Gold Zones on Bayfield's Burns' Block NW, Ontario

VANCOUVER, BRITISH COLUMBIA--Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) (the "Company") announces it has received results from a drill program completed by Rainy River Resources Ltd. on Bayfield's Burns' Block located within Rainy River's main block in the Richardson Township, Rainy River District of northwestern Ontario.

Rainy River Ontario Claims Map: http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf

In the fall of 2008, Rainy River Resources Ltd. completed 3332 metres of diamond drilling on the Bayfield option. Drilling on the Burns' Block by Rainy River Resources has identified 2 main zones of gold mineralization.

One of these main zones is the eastward continuation of the #17 Zone of Rainy River Resources. (1)Collared on RR ground).

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Hole #           From (m)      To (m)      Width (m)      Au g/t   Level (m)
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NR08-283           501.5       506.0            4.5         7.30       -400
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NR08-258(1)        524.0       528.5            4.5         4.62       -420
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NR08-189(1)        454.0       458.5            4.5        11.91       -375
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The second gold zone is in the north part of the Burns' Block in previously
unexplored stratigraphy.


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Hole #                       From (m)         To (m)    Width (m)    Au g/t
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NR08-283                       497.0          507.5         10.5       3.54
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including                      501.5          506.0          4.5       7.30
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NR08-294                       263.0          267.5          4.5       2.24
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NR08-296                       267.0          292.5         25.0       0.89
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including                      270.0          279.0          9.0       1.68
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NR08-304                       168.5          212.0         43.5       0.78
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including                      178.5          183.0          4.5       2.00
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including                      204.0          208.5          4.5       3.00
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Rainy River Resources declined to continue the option on this ground and the rights have reverted to Bayfield Ventures Corp (100%).

A comprehensive report on the drilling results on the Burns' Block has been received from Rainy River Resources Ltd. by Bayfield Ventures Corp. The complete digital data set is being integrated into the Bayfield's database that includes the fall of 2008 drill results on the Company's "B" Block.

The recent drill results from Rainy River Resources and Bayfield Ventures demonstrate that the gold bearing system that hosts the #17 gold zone has a far bigger footprint than previously thought and that entirely new deposits are likely within this system.

The new intercepts are being incorporated into a larger model framework that will help identify prospective new deposit areas on ground held by Bayfield.

Bayfield Ventures also completed 1192 metres of drilling in 4 holes on the Company's "B" Block (northeast of the Company's Burns' Block) in November 2008. These holes were of a reconnaissance nature with all holes encountering anomalous to strongly anomalous gold over widths of 10 to 30 metres. Drill hole RR08-2 encountered 5.7 grams per tonne gold over 2 metres between 257 and 259 metres in the hole.

David J. Busch, B.A., B.Sc., PGeo., is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.

Bayfield Ventures Corp. is actively involved in the exploration for gold in Northwestern Ontario. Property partners include Goldcorp.

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

Donald C. Huston, President

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.
 

 

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