Vancouver, BC - Bayfield Ventures Corp. (TSX-V: BYV) (FWB: B4N) (the "Company") announces that it has issued 40,000 common shares and paid the sum of $15,000 in connection with its Option Agreement dated November 30, 2006 with Alex Kereliuk, Helen Pattison and Reino Huitika whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in the Claim Block "B" property located in the Richardson Township, Rainy River District, NW Ontario.

Click here for Rainy River Ontario Claims Map

The common shares issued are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring March 21, 2008.

In order to earn a 100% interest in the property, the Company must make further cash payments of $65,000 and issue 80,000 common shares over the remaining two year term of the Agreement.

Bayfield Ventures Corp. is actively involved in the exploration for gold in Northwestern Ontario, and copper-gold and coal in the South Gobi region of Mongolia. Property partners include Goldcorp and BHP Billiton.

ON BEHALF OF THE BOARD OF DIRECTORS

"Don Huston"

DONALD C. HUSTON
President