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: Casey's International Speculator - yesterday

(only a short excerpt from publication)

New Company Recommendation: Tempting Takeover

BYV is a company we recommended to Casey’s Investment Alert subscribers in an earlier private placement, before the recent drill results greatly reduced the risk in the play. Now it’s looking almost correction-proof, making it a shot worth taking, even without PP warrants.

BUY ON WEAKNESS—BYV is about as straightforward a potential takeover story as we’ve ever seen. Rainy River Resources (V.RR) has been advancing a large (5.1Moz Au) and growing gold resource in northwest Ontario. BYV has a claim block immediately adjacent to RR’s gold resource, and recent drill results show that the mineralization extends from RR’s property right onto BYV’s.

Here’s the crux of the spec: BYV’s Burns Block is immediately adjacent to RR’s property, and the mineralization has been shown to continue, with high grades, onto BYV’s land.

Drill results out just days ago show solid hits in two parallel zones right on strike from RR’s ODM zone. Assays included:

• • •

3.0 meters grading 31.7 g/t gold, within 9.0 meters of 12.9 g/t Au 1.0 meter of 17.2 g/t Au and 2.0 meters of 11.3 g/t, within 4.0 meters of 6.4 g/t Au 1.0 meter of 17.0 g/t Au and 2.0 meters of 9.9 g/t Au, within 20.0 meters of 1.2 g/t Au

Now, these hits are all pretty close to the property line, so they don’t yet indicate that BYV has a large gold resource of its own. However, we think the odds are against both parallel zones stopping right at the arbitrary human property line, and if we’re right, there should be more high-grade drill results ahead.

Not only that, but RR’s published resource model shows an open pit design that covers about one-third of BYV’s Burns Block. So, even if the mineralization on BYV’s side of the boundary doesn’t amount to much, it seems all but certain that RR – or whoever takes RR over – will have to make a deal with or bid for BYV.

This potential takeover is as close to a “sure thing” as you can get in our business. BYV is very busy, not only drilling the Burns Block, but also on other prospects they have in the RR area, working hard to add as much value as they can before someone takes a run at them.

Key point: A takeover could happen at any time, especially now that RR’s management has had a chance to see high-grade hits on BYV’s land, and BYV shares remain relatively cheap.

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