Bayfield Intersects Gold And Silver At Intrepid Zone Down-Plunge Extension Hole

 

VANCOUVER, BC - Bayfield Ventures Corp. reported assay results at the Burns Block gold-silver project in Canada.

Down plunge extension drilling of the Intrepid Zone has been pursued by Bayfield since core drilling restarted at the Company’s Burns Block in August. Eight holes have been attempted with six of those being completed through to the footwall of the target down plunge Intrepid Zone.

Strong, poly metallic base metal veining has been intersected in all completed holes.  Gold and silver assays are now being received and are summarized below. Additional assays are pending.

The East Burns - Intrepid gold-silver zone is strongly mineralized by irregular vein lets, fracture fills and clotty disseminations of dark brown sphalerite, galena, arsenopyrite and chalcopyrite. Sphalerite commonly forms 2% to 5% of mineralized intervals and assays results of >1% zinc are not uncommon. Arsenopyrite rarely makes up more than 1% to 2% of mineralized intervals but its presence is strongly correlated with the presence of gold grades >10 grams/tone.

Results of Intrepid Zone Extension Exploration and Near Term Exploration Plans:

The Intrepid Zone on Bayfield’s Burns Block is being significantly extended down plunge by the Company’s current exploration program.

Recently completed and assayed holes in the down plunge intrepid exploration program include holes RR13-10 and RR13-10W1. Both of these holes intersected the Intrepid Zone poly metallic vein swarm over down hole intervals from 50 to 60 meters. Assays results reported here indicate mutligram gold and silver occur in portions of this complex vein swarm. Native gold was logged in deformed quartz-galena-arsenopyrite bearing quartz and quartz-ankerite vein lets.

Mother hole RR13-11 has intersected strong gold mineralization in a position 25 meters down plunge of the mineralized zones in previously reported assays from the RR12-34 mother hole and wedge complex.

A strongly mineralized interval in hole RR13-11 contains highly deformed, quartz-galena-gold and poly metallic base metal veins and vein lets over a down hole interval of 9.4 meters from 675.6 to 685.0 meters. Native gold were logged in the core at 680.25 meters down hole within a dark grey galena-gold quartz vein let. This vein let is contained within the overall 9.4-meter strongly veined interval.

This well-developed vein let zone in hole RR13-11 returned a very high-grade interval from 679.0 to 680.5 meters down hole, which returned 528 g/t (18.63 oz/t) gold and 103 g/t silver.

Three wedge holes from hole RR13-11 have been completed in Bayfield’s continuing down plunge Intrepid Zone exploration at Burns. Assays for these 3 wedge holes are pending and will be reported after receipt and compilation of standard protocols.