VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 6, 2011) - Bayfield Ventures Corp. (TSX VENTURE:BYV) (Frankfurt:B4N) (the "Company") reports that it has entered an Agreement (the "Agreement") in connection with its Burns Block gold-silver project located in the Rainy River District of north western Ontario. Pursuant to the terms of the Agreement, the Company has agreed to issue a total of 160,000 common shares of the Company to the owners of the surface rights as compensation for necessary surface restoration. The Company holds a 100% interest in the mineral rights to the property. The Agreement is subject to the acceptance of the TSX Venture Exchange.
Rainy River gold properties claims map: http://www.bayfieldventures.com/i/pdf/BYVRRArea.pdf
About Bayfield Ventures Corp.:
Bayfield Ventures Corp. is exploring for gold in the Rainy River District of north-western Ontario.
The Company has 62.8 million shares outstanding.
On February 15th, Bayfield Ventures was recognized as a TSX Venture 50® company in 2011. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license. The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and clean technology - based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2010.
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, Chairman and CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.