Exploring for Gold in the Rainy River and Red Lake districts of Northwestern Ontario

81m @ 5.08 g/t Gold, 28m @ 13.28 g/t Gold, 9m @ 12.88 g/t Gold, 46.6m @ 2.28 g/t Gold plus Bonanza grade Silver (up to 1760 g/t)

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Message: AUG 5 UPDATE FROM DON

Bayfield Ventures has now finished three more holes on the Burns Block.

They were all collared from the same location in the southwest corner of the property and had steepening inclinations. RR10-17 was drilled to 525 metres, RR10-18 was drilled to 596 metres, and RR10-19 was drilled to 524 metres.

The Company is now drilling the 13th hole on the Burns Block, RR10-20, and is at a depth of 140 metres. The hole is located to the north of the previous three holes.

The second drill rig is currently drilling on Bayfield’s “B” Block. The first hole on the “B” Block, RR10-B1, was finished at 154 metres and the second hole on the “B” Block is now at 180 metres.

A total of 13 holes have now been finished on Bayfield’s properties. The Company intends to drill a total of about 50 holes in the 20,000+ metre drill program.

We anticipate being in a position to release the first batch of assay results in the next week or two.

On another note, Jay Taylor released a buy recommendation on Bayfield Ventures. Here is a link to the write-up:

http://bit.ly/bK2049

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