VANCOUVER, BRITISH COLUMBIA, Jan. 25, 2010 (Marketwire) -- Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) (the "Company") announces that pursuant to the terms of a Property Option Agreement (the "Agreement") dated February 1, 2007, it has made its final option payment under the Agreement by issuing a total of 20,000 common shares and paid the sum of $15,000 to Leonard Strom.
The Company has now earned a 100% interest, subject to a 2% net smelter return royalty, in the mineral rights to Part of Claim Block "C", consisting of one (1) patented mineral claim comprising 160 acres located in the Sifton Township, Rainy River District, northwestern Ontario.
Rainy River property claims map: http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf
The common shares issued are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring May 20, 2010.
Bayfield Ventures Corp. is actively involved in the exploration for gold in Northwestern Ontario.
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
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