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BYVVF: Acquired. Each Bayfield common share was exchanged for 0.0477 of one common share in the capital of New Gold.
http://otce.finra.org/DailyList
Very inane
BYVVF raising money waiting till its closed to buy.
New Gold will be buying this company out, mark the post!
WOW check out this story http://www.thegreatestgoldstorynevertold.com/
Bayfield CEO Jim Pettit on Ontario silver assays of 1,414.55 g/t over 1.1m
Bayfield Ventures Corp TSXV:BYV announced results from its Burns Block Property in the Rainy River District of northwestern Ontario. Highlights include
1,414.55 g/t silver over 1.1 metres (including 2,020 g/t over 0.6 metres)
35.35 g/t over 14 metres (including 55.11 g/t over 7 metres)
11.9 g/t over 23.4 metres (including 20.2 g/t over 10.1 metres)
20.38 g/t over 9 metres (including 89 g/t over 1 metre)
The property borders the eastern boundary of Rainy River Resources’ multimillion-ounce gold deposit in northwestern Ontario. The Burns Block Property is accessible by numerous all-weather gravel highways and township roads leading to provincial highways 11 and 71.
Read the interview: http://bit.ly/olBWA2
Nice drill results! Unloaded a few on the spike. See a drift lower during summer months unless they hit another high grade shoot then we see another big spike.
Keep posting good results and we could see 40 cents....
What the heck!
Those silver results did nothing for the stock price.
Now this is really undervalued now with these new silver results.
Could the source of the gold and silver be eastward as the silver ratio compared to Rainey River is much much higher.
Rainey River ratio 1 gram gold 2 grams silver
Bayfield 1 gram gold 7 grams silver.
Could it get even better the further east we go?
Could they hit another high grade shoot?
Funny how this stock gets NO respect at all from IH. It has gone from 10 cents to $1.30 then to .74 cents and drilling like crazy and results are shown. CUP and handle time to ROCK and ROLL! Would be nice to get third drill rig on site and drill baby drill the heck out of this property!
Nice drill results. 3rd rig going to Burns block to drill up a 43-101 quicker. Results should come out every other week or so with 3 drills turning. Summer should be fun!
Way undervalued when you think about the amount of proven gold Rainy River would have to give up producing if they did not buyout Bayfield, due to the angle of the open pit wall. All the gold on Bayfield's property and the gold missed by the angle of the open pit wall will be lost without a buyout. $30 million market cap puts us at $100,000 ounces ((ONLY)). I think the amount will be much higher than 100,000 ounces.
If they hit on the C block watch out!!!!!!!!!!!
i agree, i have been adding this while as its been dipping, last time it didnt even make it to the 200 ma before it bounced,
200 ma sitting @ .66 ish, i got in another order for 2.5k shares @ .68 (im expecting for it to bounce) Lolol
they consistantly keep investors updated, an news should be around the corner if the trend of info continues. also as time has gone on, the news keeps getting better an better with greater drilling results :)
i will start dd'ing IDSM, thx for the heads up my friend, an GL to us.
dont hesitate to keep me posted on your thoughts as well.
hey SCoopz looks like pps might be making a visit to 200 ma I sold all a long while back getting warmer to take position again though keep me posted on your thoughts thanks
scoopz might wanna take a peek at IDSM
some more insider selling I think we will see cheaper PPS as they have a long way ahead to prove up the reserves so far it's starting to look like the results are good right next to RR but as soon as we pull away from that small section the #'s drop fast but the stock still holder higher than I'm willing to pay to get back in just waiting!
Call Options on SIlver companies are cranking!!!!! Notice the SIlver content on the last drill results. Silver at $50 oz those numbers will make BYVVF fly!
OMG! Gold Silver breaking out crazy!
Move up this week!!!! Gold and silver to da MOON!
well noted thanks!
agree this is just fast ABC tpye move bottom may be just little bit lower like 200sma lower IMO
i agree, but first, wait for the one last drop in price before the run.
we know it will happen, an when it does back up the truck, hahahaha.
rr buyout offer supposedly @ 11.00
an currently sitting in the high 8's low 9's
if byv gets favourable results, similar to RR's this gonna rip right to 5 bucks in a blink of an eye.
Time to load your final shares before the run. If they link hole 15 to 18 and they connect look out above this stock will fly!
Buyout soooooon after Rainy River buyout IMO.
Jay Taylor Interview Oct. 26, 2010 http://www.bayfieldventures.com/s/Home.asp
i agree, i just built me a little starter, i will be adding on all dips.
in the end i plan to have anywhere from 10 - 20k shares, depending on how low it dips etc etc.
wow! rough time today I'm thinking we may dip to the 200ma roughly .50ish at this point but if it gets there grab as many as you can for a huge bounce play guys! as far as I can see theres still gaps to fill I see one at 76ish and one at 1.04 but I think we see hard shake before it rises again IMO
i agree,
what would the width be?
companies always tend to leave a lil bit of info out. give it that cloak of mystery an speculation.
i am definitely a buyer here, an expecting great news in the coming months.
If only everyone really understood the latest drill result they would be buyers not sellers. Open pit is now expanded North and now silver to increase grade by 25%. WOW! Now we wait for the high grade drill results to connect the previous holes. 500 Meters to 150 meters is a nice length to connect! 350 meters long 7 meters thick and ? how wide?
i like you swagger deet ;)
we gonna get this paper together, even if we on different exchanges lolol.
i got a buy order in @ .85 for 3k shares. my plan is to accumulate 10k shares, then watch it run to 5 bucks, cause if it proves well to be just like RR...
then hahahahaha, we will be in some serious profits :)
nice welcome aboard just gonna sit and wait sell rips buy dips in the mean time while they prove up those reserves see if we can follow RR's path on way to higher value as long as they keep hitting it all counts in the end I do expect us to be above $1 again real soon
wow, in the end it took a huge dip, slowly recovering now, i loaded up a bunch on the tsx.v exchange.
woaaaaaaaaaaaaaaaaaaaaaaaaaaaaaah, not good, but good time for me to load up hahhaha.
NEWS Wed Oct 20, 2010
Rainy River Gold Intersected Near-Surface, Bonanza Silver Results from Holes 15 and 18
--------------------------------------------------------------------------------
Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the "Company") is pleased to announce significant near-surface drill results well north of previously released holes, in an area known as the North Gold Zone, on its 100% owned Burns Block property in the Rainy River District of north-western Ontario. The Burns Block is situated immediately to the east and on strike to Rainy River Resources' (TSX-V: RR) multi-million ounce gold deposit. Rainy River Resources' NI 43-101 compliant resource included 2.37 million ounces of gold at 1.3 g/t in the indicated category and 2.66 million ounces of gold at 1.2 g/t in the inferred category.
Rainy River gold properties claims map:
http://www.bayfieldventures.com/i/pdf/BYV-RR-Area-11x17.pdf
Highlights:
• Reported mineralization in this near-surface North Gold Zone is well within open pit parameters and right in line with Rainy River Resources' results at similar depths
• Gold mineralization extended from our western boundary with Rainy River Resources for 150 metres, and mineralization remains open to the east
• Gold encountered in all 12 North Zone holes
• Next holes, RR10-32 and up, currently being drilled to specifically target the high grade gold shoot intersected in reported holes RR10-15 and RR10-18; assays are pending
• Bonanza grade silver assays received from hole RR10-18 totaling 360 g/t Ag over 10 metres including 1760 g/t Ag over 1 metre
• Mapping of Burns and "B" Block properties completed; altered dacite host rocks have been mapped across entire Burns Block indicating strong potential for discovery of additional mineralization to east of current drilling area
Jim Pettit, CEO of Bayfield Ventures, stated: "Bayfield continues to intersect gold values right on par with Rainy River Resources' results both within and below open pit parameters. Furthermore, the high grade silver intercepts in RR10-15 and RR10-18 add a new dimension to the exploration potential on the Burns Block. With the latest drilling now focusing primarily on targeting the high grade gold shoot between RR10-15 and RR10-18, the Company looks forward to receiving more drill results in the recently expanded 50,000 metre program."
Significant gold mineralization has been encountered in the twelve shallow holes (RR10-20 to RR10-31) along the west-east trending exploration drill fence in the northwest portion of the Burns Block. These holes were designed to test the North Gold Zone (click link to "Updated Burns Block drilling exploration map" below). The assay results of this drill fence show that the mineralization extends 150 metres east from the western boundary of the Burns Block and that this zone continues to remain open to the east. The results also illustrate that the North Zone, which is well within open pit parameters, hosts very similar gold mineralization (both in grade and intercept length) to that near-surface in Rainy River Resources' deposit. The assay results for the northern fence are summarized in table 1 below. The second drill rig has been moved to the Burns Block to continue extending the northern fence to the east while the other rig continues infill drilling designed to target the high grade gold shoot intersected in RR10-15 and RR10-18.
Updated Burns Block drilling exploration map:
http://www.bayfieldventures.com/i/maps/BYV_Burns_Exploration_Map_July_2010.jpg
Gold Assay Results for Burns Block North Zone:
HOLE AZ. ° DIP ° FROM (m) TO (m) INTERVAL (m) GOLD (g/t) GOLD ZONE
RR10-20 358 46 117.00 118.00 1.0 1.52 North Zone
RR10-21 358 62 59.00 129.00 70.0 0.24 North Zone
including 59.00 97.00 38.0 0.29
including 75.00 85.00 10.0 0.57
RR10-22 358 76 72.00 141.00 69.0 0.64 North Zone
including 76.00 78.00 2.0 0.93
including 122.00 141.00 19.0 1.44
including 129.00 135.00 6.0 3.75
including 133.00 135.00 2.0 7.53
RR10-23 358 46 74.00 120.00 46.0 0.34 North Zone
including 77.00 85.00 8.0 1.05
including 84.00 85.00 1.0 5.26
160.00 164.55 4.6 1.22
including 162.30 163.00 0.7 3.10
RR10-24 358 62 74.00 119.00 45.0 0.51 North Zone
including 103.00 109.00 6.0 1.57
including 103.00 104.00 1.0 3.51
including 108.00 109.00 1.0 3.80
RR10-25 358 46 71.00 72.00 1.0 3.94 North Zone
91.00 116.00 25.0 1.03
including 93.00 96.00 3.0 2.64
including 106.00 116.00 10.0 1.40
including 111.00 112.00 1.0 4.84
RR10-26 358 62 74.00 78.00 4.0 0.42 North Zone
93.00 117.00 24.0 0.40
including 95.00 99.00 4.0 1.09
including 96.00 97.00 1.0 1.85
RR10-27 358 46 88.00 125.00 37.0 0.31 North Zone
including 88.00 101.00 13.0 0.54
including 96.00 97.00 1.0 3.81
RR10-28 358 62 106.00 140.00 34.0 0.31 North Zone
including 117.00 118.00 1.0 2.52
RR10-29 358 76 123.00 174.00 51.0 0.41 North Zone
including 123.00 131.00 8.0 1.02
including 126.00 131.00 5.0 1.48
including 126.00 128.00 2.0 2.28
including 155.00 174.00 19.0 0.57
including 166.00 167.00 1.0 1.23
RR10-30 358 88 155.00 212.00 57.0 0.51 North Zone
including 173.00 175.00 2.0 2.00
including 181.00 192.00 11.0 1.10
including 181.00 182.00 1.0 2.53
including 187.00 192.00 5.0 1.59
including 191.00 192.00 1.0 3.18
424.00 434.00 10.0 0.47
including 428.00 429.00 1.0 2.46
RR10-31 357 45 87.00 119.45 32.5 0.52 North Zone
including 95.00 104.30 9.3 1.09
including 101.50 102.30 0.8 1.30
including 103.30 104.30 1.0 3.67
* g/t = grams per metric tonne
* Mineralized intervals in table 1 above are estimated to be 85% to 95% of true width
Silver Assay Results from Holes RR10-15 and RR10-18:
Bayfield elected to run a multi element ICP package on all samples from holes RR10-15 and RR10-18. This was done for several reasons, most importantly to obtain silver values in the high grade gold sections of the two holes. The assay results are summarized in table 2 below.
HOLE AZ. ° DIP ° FROM (m) TO (m) INTERVAL (m) Ag (g/t) Au (g/t) AuEq (g/t)
RR10-15 355 56 190.0 199.0 9.0 39.26 12.88 13.58
including 190.0 197.0 7.0 48.77 16.17 17.04
including 194.0 197.0 3.0 50.23 31.71 32.61
RR10-18 355 88 497.0 507.0 10.0 359.65 35.93 42.35
including 498.0 499.0 1.0 1760.00 63.90 95.33
511.0 514.0 3.0 74.10 1.17 2.49
* Gold equivalent grades were calculated using a silver-to-gold equivalent conversion factor of 56 to 1
* Mineralized intervals in RR10-15 are true width and mineralized intervals in RR10-18 are estimated to be 80% of true width
Discussion of Silver Assay Results from Holes RR10-15 and RR10-18:
The detailed logging of RR10-18 indicated that visible gold grains were locally very pale in colour suggesting that a potentially significant amount of silver was alloyed with the native gold. The silver assay results fully confirm that silver is alloyed with the gold and also indicate that other silver minerals, likely including argentite, are present in the mineralized zone. The silver values in several of the assays are much too high to be accounted for as silver alloy in the observed electrum grains; therefore, other silver minerals must be present. Thin sections of selected high grade gold zones in RR10-15 and RR10-18 are being produced to help identify these silver minerals.
A separate zone of three metres of 74 g/t Ag occurs within gram-level gold mineralization twelve metres below the main high grade zone in hole RR10-18. This zone of silver mineralization within gram-level gold strongly suggests that widespread, multi-ounce silver mineralization is present in other gram to multi-gram gold zones on the Burns Block.
Silver mineralization at the Burns Block could be very important in an eventual assessment of the economic parameters of the known mineralization. Bayfield has now decided to proceed with silver assays for all gold mineralized zones at the Burns Block.
Discussion of Gold Assay Results from the North Zone (Holes RR10-20 to RR10-31):
The gold assays from the northern drill fence are very encouraging. The mineralized zones are contained within strongly sericite and chlorite altered dacite volcanic rocks. As with the previously reported 283 and West Gold Zones to the south, the mineralization commences within the upper portion of a distinctive fragment volcanic unit known as the lapilli tuff. The geologic setting of the mineralization discovered to date along the northern fence is identical to that of the 283 and West Zones and is interpreted to be the up-dip continuation of those zones. Straight line projection of the zone upwards indicates that it will come to surface (likely under till cover) very near the north boundary of the Burns Block. More drilling in this very shallow up-dip area will be carried out.
In all areas explored at the Burns Block to date, higher grade mineralization is found where intense sericite alteration is fading and chlorite veinlets begin to appear. This alteration boundary is likely to continue to the east within the overall mineralization envelope developed in the dacite host rocks.
Exploration Potential:
Following completion of hole RR10-31, located at the current east end of the northern fence, the rig was moved to a position north of discovery hole RR10-15 to begin exploring for the potential northward extension of the high grade gold zone intersected in RR10-15 (see News Release of August 24, 2010). A total of four holes (RR10-32 to RR10-35) have been completed between RR10-15 and the northern fence with assays pending. The drill rig was then moved just north of hole RR10-18 in the southwest corner of the Burns Block. Infill holes are being drilled in this area to test the 400 metre linear plunge distance between the shallower high grade zone in RR10-15 and the deeper high grade zone in RR10-18. This infill drilling between holes RR10-15 and RR10-18 is ongoing with the goal of delineating the high grade gold shoot present on the property.
Several key developments during August and September at the Burns Block indicate that the exploration potential of the entire property is excellent. Recent developments include the identification of bonanza grade silver mineralization as well as pervasive, near-surface gold mineralization extending 150 metres to the east.
Bayfield is still at a very early stage of exploration on both the Burns and the "B" Block properties with only 16,000 metres of drilling finished (some of which is still being assayed) out of 50,000 metres. The points highlighted above indicate a high potential for additional gold and silver discoveries east of the current northern fence of holes. This potential is just as strong in the central and southern portions of the Burns Block where drilling to the east is only beginning leaving a lot of highly prospective ground remaining to be explored.
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 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 50.5 million shares outstanding and over $8 million in its treasury.
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
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.
You can view the Previous News Releases item: Mon Oct 18, 2010, Bayfield Ventures Closes $5,000,000 Financing
Monday, October 18, 2010 News Release
Bayfield Ventures Closes $5,000,000 Financing
--------------------------------------------------------------------------------
Vancouver, BC -- Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the "Company") is pleased to announce that it has closed its non-brokered private placement of $5,000,000 through the sale of 3,571,428 flow-through common shares (the "FT Shares") at a price of $1.40 per FT Share. The financing closed on October 14, 2010 (the "Closing Date").
The Company paid a cash commission of $250,000 on this transaction and issued 178,572 non-transferable finder's warrants to KBH Capital Corp. of Vancouver, BC, as a finder's fee in connection with this private placement. Each finder's warrant entitles the holder to purchase one common share of the company at a price or $1.16 and are exercisable for a period of two years from the Closing Date.
No "control persons" (as defined in Policy 4.1 of the TSX Venture Exchange) or new insiders have been created as a result of the private placement. All shares issued by the Company will be subject to a hold period of four months from the Closing Date.
The proceeds of the private placement will be used to fund the Company's exploration and development of its Rainy River gold project in north-western Ontario.
The Company is also pleased to announce that since September 1, 2010, it has raised approximately $2,000,000 through the exercise of non flow-through share purchase warrants. Bayfield Ventures currently has over $8,000,000 cash on hand and is well funded to continue its 50,000 metre drill program on its Rainy River properties located in north-western Ontario.
Following the closing of the private placement, the Company will have approximately 50,490,377 common shares outstanding.
About Bayfield Ventures Corp.
Bayfield Ventures Corp. is exploring for gold in the Rainy River District of north-western Ontario.
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
CEO
Sweet, bought more yesterday!
NEWS Bayfield Expands Rainy River Drill Program to 50,000 Metres
VANCOUVER, BRITISH COLUMBIA, Oct. 13, 2010 (Marketwire) -- Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) (the "Company") is pleased to announce the expansion of its Rainy River drill program to 50,000 metres from the current 20,000 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' gold project.
Rainy River gold properties claims map: http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf
Bayfield has winterized its camp facilities and the project will be drilled year round. Core cutting facilities and related infrastructure have been increased accordingly.
Drilling has progressed well since its May start date as highlighted in August and September 2010 news releases.
One of the drill rigs has been moved from the recently completed twelve hole step out program along the Northern Zone of the Burns Block property. The complete assays for this zone are expected very shortly. This rig is now testing for the extension of the high grade gold zone between previously reported holes RR10-15 and RR10-18.
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 in the Rainy River District of north-western Ontario.
The Company has approximately 45 million shares outstanding.
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
James G. Pettit, CEO
a new week for Bayfield Ventures Corp I think it will be a good one! was thanksgiving in canada today tsx was closed!
Still loaded with Bayfield will take a little off on the next major run to put into another explorer and TGB options.
looking forward to see what impact this Casey conference will have on the PPS if Friday was any indication of whats coming?
YES! waiting watching wishing I had grabbed more when they were cheaper but if they are going a few $$ higher whats the diff I guess! will add on all good pull backs!
Wait til next week / month / should be screaming...
moving again !!!!!!!!!!!
Donald Myers Burns Block drill hole RR10-36 is in the process of finishing through a secondary zone of mineralization in the footwall of the main zone this morning. The hole is at a 45 degree angle drilled directly above hole RR10-35 in a position 30 metres south of the north fence of drill holes (20 through 31). Will complete hole... RR10-36 this morning and then will move to a new position 25 metres NNE of hole RR10-18 to start infilling the central portion of the high grade gold zone. On the "B" Block, drill hole RR10-B8 was completed to 371.5 metres today. The next hole, RR10-B9, was moved to 340 metres north of hole RR10-B1. It will be drilled at 180 degree Azimuth and 50 degree incline.
i am able to purchase them in my tax free account which is awesome :)
i will be buying soon, i have been a bit busy with other stocks, but i will definitely let you know when i join in :)
how did you make out?
i am debating on wether to go into the tsx listing or the otc listing.
if i go with the tsx listing i might be able to buy the shares in my tax free account, i will be calling my broker an figuren everything out tonight.
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Bayfield Ventures Corp. USA ticker (BYVVF.pk) CANADA (TSX.V: BYV)
Bayfield Ventures Corp's goal is to increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries.
Bayfield Ventures Corp.
885 West Georgia Street
Suite 2230
Vancouver, BC V6C 3E8
Canada
Share Structure
Tue May 11, 2010 Bayfield Ventures Share Information | |||||||||||||||||||||||||
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PRESS RELEASES : http://www.bayfieldventures.com/s/NewsReleases.asp
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