|By Marketwired .||
|November 20, 2012 04:00 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/20/12 -- Bayfield Ventures Corp. (TSX VENTURE:BYV) (OTCBB:BYVVF) (FRANKFURT:B4N) (the "Company") is pleased to announce additional assays from the continuing exploration of the 100% owned Burns Block Gold-Silver Project. The Company's Burns Project is located in the Rainy River District of north-western Ontario and is ideally situated adjacent to the east of Rainy River Resources' (TSX: RR) main ODM17 gold deposit and to the west of their expanding Intrepid gold-silver zone.
Rainy River District Gold Zones: http://www.bayfieldventures.com/i/pdf/RR-Gold-Zones.pdf
East Burns - Intrepid Zone Highlights:
-- Hole RR12-34 returns 26.50 metres grading 8.82 g/t gold and 39.44 g/t silver including 11.60 metres of 17.04 g/t gold and 79.07 g/t silver at East Burns - Intrepid Zone. -- This is the best drill interval to date at this rapidly expanding zone and extends high grade mineralization 55 metres down-plunge from previously reported hole RR12-30 which returned 19.60 metres of 5.45 g/t gold and 20.63 g/t silver. -- Bayfield continues to explore the down-plunge extension of this robust mineralized zone interpreted to be the lower portion of Rainy River's Intrepid Zone. -- Further step-out drilling to the southwest is ongoing to test the high grade gold-silver zone which remains open down-dip and displays tendency for increasing grade at depth. -- Gold-silver mineralization is consistently being found on eastern portion of Burns property within a 50 to 70 metre wide zone of shearing, sericite-silica alteration and polymetallic base metal sulphide mineralization.
Discussion of East Burns - Intrepid Drill Holes RR12-31 to RR12-34:
This news release reports assay results from East Burns step out holes RR12-31 to RR12-34. Hole RR12-34 intersected a very strong interval of gold and silver mineralization in a position approximately 55 metres down-plunge from previously reported hole RR12-30 thereby extending the known mineralized zone at depth. Hole RR12-34 intersected a down-hole interval of 26.50 metres grading 8.82 g/t gold and 39.44 g/t silver including 11.60 metres of 17.04 g/t gold and 79.07 g/t silver. This down-plunge offset of the previously announced mineralization in hole RR12-30 contains the highest grade gold-silver interval intersected at the East Burns - Intrepid Discovery Area to date.
Updated Burns Block Drill Hole Location Map: http://www.bayfieldventures.com/i/maps/BYV_Burns_Block_Drill_Collar_Map_Feb_2012.jpg
A trend of increasing grade and thickness of the southwest plunging, precious and base metal mineralized shoot is becoming evident based on the combined results of holes RR12-12, RR12-30 and now RR12-34. The gold-silver intercepts in these three holes, the deepest and highest grade to date at the East Burns, trace higher grade mineralization over a down-plunge distance of approximately 70 metres and the zone remains open at depth. This persistent, robust zone of gold-silver-base metal mineralization is part of a larger system which Bayfield discovered near the east property boundary in late 2011 and which has been roughly outlined over a nearly 200-metre strike length and approximately 200 metres down-dip.
Cross Section of 2012 Drill Holes at East Burns: http://www.bayfieldventures.com/i/maps/BYV-look-west-Eastern-burns-block-Oct-23-2012.jpg
Holes RR12-31 to RR12-34 were drilled as exploration holes to test the down-plunge extension of mineralization southwest of hole RR12-30 which returned 19.60 metres of 5.45 g/t gold and 20.63 g/t silver. Hole RR12-34 was collared 22 metres west and 30 metres south of hole RR12-30 and intersected a high grade zone of gold and silver over a 26.50 metre down-hole interval commencing at approximately 650 metres below surface. Bayfield continues to drill test the down-plunge extension of this expanding mineralized zone which is projected to be the down-dip portion of Rainy River's newly discovered Intrepid Zone.
Plan View of 2012 Drill Holes at East Burns: http://www.bayfieldventures.com/i/maps/eastern-burns-block-plan-view-oct-23-2012.jpg
Holes RR12-31 to RR12-33 were collared as large southwest step-outs ranging from 70 to 150 metres from hole RR12-30. All three holes flattened faster than planned and passed above the targeted high grade gold-silver zone and thus did not intersect any significant precious metal mineralization. The results of the four holes reported have shown Bayfield's geological team that targeting the down-plunge extension of the East Burns - Intrepid high grade zone is best done by drilling at very steep angles from collar positions S-SW of holes RR12-12 and RR12-30. Drilling more shallowly angled holes from positions further south has resulted in a tendency for the holes to flatten and overshoot the high grade zone leading to lower grade mineralization being intersected. This new drilling strategy should allow the Company to more effectively target the down-plunge extension of this developing high grade zone at the East Burns.
Assay Results from Hole RR12-31 and RR12-34:
---------------------------------------------------------------------------- AuEq Drill Drill Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) (g/t) Fence ---------------------------------------------------------------------------- Eastern RR12-31 305.80 307.10 1.30 0.70 3.80 0.78 Zone 581.00 582.50 1.50 0.55 0.90 0.57 591.50 593.00 1.50 0.47 1.80 0.51 599.00 605.00 6.00 0.38 5.63 0.49 ---------------------------------------------------------------------------- Eastern RR12-34 231.50 233.00 1.50 0.31 4.00 0.49 Zone 299.60 301.10 1.50 0.34 3.30 0.49 635.00 638.00 3.00 0.36 5.25 0.49 642.50 644.00 1.50 0.41 2.50 0.49 651.50 678.00 26.50 8.82 39.44 9.61 including 651.50 673.50 22.00 10.31 45.67 11.22 including 656.00 667.60 11.60 17.04 79.07 18.62 ---------------------------------------------------------------------------- (i) g/t = grams per metric tonne (i) The down hole interval lengths are estimated to be approximately 50%-70% of true width (i) AuEq (gold equivalent) values calculated at a 50 to 1 (gold price vs. silver price) ratio and metallurgical recoveries and net smelter returns are assumed to be 100% (i) The intervals were determined using a 0.35 g/t gold equivalent cut-off grade with a maximum gap of 3.0 metres between intervals below the cut-off grade
Eastern Burns Block Geology and Continuing Exploration Discussion:
The mineralized zone in hole RR12-34 is associated with discontinuous dark red-brown sphalerite matrix breccia veinlets and rare quartz-carbonate-galena-chalcopyrite veinlet swarms with accompanying visible gold and silver smears and crack infillings. Local millimetre-scale smears of gold, silver and electrum are associated with dark red-brown sphalerite matrix breccia veinlets and quartz carbonate veinlets in the down-hole interval from 651.5 to 667.6 metres. The logged vein textures and mineral assemblage are very similar to that at the West Burns high grade zone seen in previously reported hole RR11-71 which returned 25.5 metres of 26.70 g/t gold and 170.69 g/t silver.
While the dimensions and plan-section geometry suggest that the plunge of the East Burns - Intrepid Zone is approximately 45 degrees to the SW, logging details indicate that focusing of the mineralization into the highly altered dacite host rock is related to the interaction of complex folding, faulting and fracturing. It is also apparent in the detailed logging and assay data to date that multiple, structurally-controlled zones of gold-silver mineralization exist in the eastern Burns area. As a result, multiple targets for expanding the known mineralization beyond the current, ongoing down-plunge exploration effort are being identified.
This mineralized envelope at the East Burns is characterized by well defined 10 to +25 metre down-hole intersections of multi-gram gold mineralization surrounded by a relatively narrow halo of gram to sub gram mineralization. The overall metallic signature of the higher grade core of the zone is very similar to that of mineralization seen at the western portion of the property in that higher gold grades are accompanied by very high silver values and base metal-quartz-carbonate veinlet swarms.
Current Exploration Summary at East Burns - Intrepid Zone:
Bayfield will continue to delineate this rapidly expanding East Burns - Intrepid Zone with a focus on exploring for higher grade gold-silver mineralization at depth. Rainy River is delineating the interpreted up-dip extension of this mineralized zone on their ground adjacent to the east of the Burns Block with three diamond drill rigs. Rainy River stated in their November 13, 2012 news release that thus far they have drilled 33 drill holes that have intersected the Intrepid Zone over a 280-metre strike length and have traced the mineralization down dip for 350 metres.
Jim Pettit, Chairman and CEO of Bayfield Ventures, stated: "The mineralized interval encountered in hole RR12-34 is the richest zone of gold and silver encountered to date at this developing East Burns - Intrepid Zone as we continue to see the tenor of mineralization increasing at depth. The Company will continue exploring for high quality ounces in this new eastern zone into the New Year while Rainy River delineates the interpreted up-dip extension of this mineralization at their Intrepid Zone."
Drill core analysis and assaying is being conducted by ACT Labs in Thunder Bay, Ont. The lab is ISO/IEC 17025:2005 (CAN-P-4E) certified. The drill core is split and sampled in standard 0.5 metre to 1.5 metre intervals. The core samples were analyzed for gold by 30-gm fire assay with AA finish and by gravimetric methods from assays over 5,000 ppb (over limit). Screened total metallic assays are being performed on samples assaying over 5,000 ppb. The core samples were analyzed for silver by Ag Aqua Regia-ICP finish and Ag Fire Assay-Gravimetric from assays over 100 ppm (over limit). The Company has implemented a quality assurance and quality control program to ensure that the sampling and analysis of all samples is conducted in accordance with the best possible practices.
Robert Marvin, P.Geo., CPG, VP Exploration for Bayfield Ventures is the Qualified Person as defined by National Instrument 43-101 and supervised both the project field work and the preparation of the technical information in this release.
About Bayfield Ventures Corp.:
Bayfield Ventures Corp. is exploring for gold and silver in the Rainy River District of north-western Ontario. The Company is fully funded to finish its planned 100,000 metre diamond drill program with drilling concentrated on the flagship Burns Block Project. The Company has 70.3 million shares outstanding.
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
This news release may contain certain "Forward-Looking Statements" that may involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian Securities regulators available on www.sedar.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Bayfield Ventures Corp.
James G. Pettit
Chairman and CEO
604-687-3376 or Toll Free: 800-567-8181
Bayfield Ventures Corp.
604-687-3376 or Toll Free: 800-567-8181
Envoy Strategic Partners Investor Relations
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
Sep. 30, 2014 10:30 AM EDT Reads: 1,491
There will be 50 billion Internet connected devices by 2020. Today, every manufacturer has a propriety protocol and an app. How do we securely integrate these "things" into our lives and businesses in a way that we can easily control and manage? Even better, how do we integrate these "things" so that they control and manage each other so our lives become more convenient or our businesses become more profitable and/or safe? We have heard that the best interface is no interface. In his session at Internet of @ThingsExpo, Chris Matthieu, Co-Founder & CTO at Octoblu, Inc., will discuss how these devices generate enough data to learn our behaviors and simplify/improve our lives. What if we could connect everything to everything? I'm not only talking about connecting things to things but also systems, cloud services, and people. Add in a little machine learning and artificial intelligence and now we have something interesting...
Sep. 29, 2014 06:45 AM EDT Reads: 1,876
Last week, while in San Francisco, I used the Uber app and service four times. All four experiences were great, although one of the drivers stopped for 30 seconds and then left as I was walking up to the car. He must have realized I was a blogger. None the less, the next car was just a minute away and I suffered no pain. In this article, my colleague, Ved Sen, Global Head, Advisory Services Social, Mobile and Sensors at Cognizant shares his experiences and insights.
Sep. 28, 2014 09:45 AM EDT Reads: 1,535
We are reaching the end of the beginning with WebRTC and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) irreversibly encoded. In his session at Internet of @ThingsExpo, Peter Dunkley, Technical Director at Acision, will look at how this identity problem can be solved and discuss ways to use existing web identities for real-time communication.
Sep. 27, 2014 11:30 PM EDT Reads: 1,903
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. It also ensured scalability and better service for customers, including MUY! Companies, one of the country's largest franchise restaurant companies with 232 Pizza Hut locations. This is one example of WebRTC adoption today, but the potential is limitless when powered by IoT. Attendees will learn real-world benefits of WebRTC and explore future possibilities, as WebRTC and IoT intersect to improve customer service.
Sep. 27, 2014 10:30 PM EDT Reads: 1,822
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at Internet of @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, will share some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, an Open Source Cloud Communications company that helps the shift from legacy IN/SS7 telco networks to IP-based cloud comms. An early investor in multiple start-ups, he still finds time to code for his companies and contribute to open source projects.
Sep. 27, 2014 10:30 PM EDT Reads: 2,286
The Internet of Things (IoT) promises to create new business models as significant as those that were inspired by the Internet and the smartphone 20 and 10 years ago. What business, social and practical implications will this phenomenon bring? That's the subject of "Monetizing the Internet of Things: Perspectives from the Front Lines," an e-book released today and available free of charge from Aria Systems, the leading innovator in recurring revenue management.
Sep. 27, 2014 09:45 PM EDT Reads: 2,497
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges.
Sep. 27, 2014 08:45 PM EDT Reads: 2,366
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other machines.
Sep. 27, 2014 01:00 PM EDT Reads: 2,044
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!
Sep. 27, 2014 11:00 AM EDT Reads: 2,223
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Erik Lagerway, Co-founder of Hookflash, will walk through the shifting landscape of traditional telephone and voice services to the modern P2P RTC era of OTT cloud assisted services.
Sep. 26, 2014 11:45 PM EDT Reads: 1,541
While great strides have been made relative to the video aspects of remote collaboration, audio technology has basically stagnated. Typically all audio is mixed to a single monaural stream and emanates from a single point, such as a speakerphone or a speaker associated with a video monitor. This leads to confusion and lack of understanding among participants especially regarding who is actually speaking. Spatial teleconferencing introduces the concept of acoustic spatial separation between conference participants in three dimensional space. This has been shown to significantly improve comprehension and conference efficiency.
Sep. 26, 2014 10:45 PM EDT Reads: 1,482
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, will discuss single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example to explain some of these concepts including when to use different storage models.
Sep. 26, 2014 07:45 PM EDT Reads: 2,295
SYS-CON Events announced today that Gridstore™, the leader in software-defined storage (SDS) purpose-built for Windows Servers and Hyper-V, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Gridstore™ is the leader in software-defined storage purpose built for virtualization that is designed to accelerate applications in virtualized environments. Using its patented Server-Side Virtual Controller™ Technology (SVCT) to eliminate the I/O blender effect and accelerate applications Gridstore delivers vmOptimized™ Storage that self-optimizes to each application or VM across both virtual and physical environments. Leveraging a grid architecture, Gridstore delivers the first end-to-end storage QoS to ensure the most important App or VM performance is never compromised. The storage grid, that uses Gridstore’s performance optimized nodes or capacity optimized nodes, starts with as few a...
Sep. 26, 2014 06:15 PM EDT Reads: 1,657
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace. These technological reforms have not only changed computers and smartphones, but are also changing the data processing model for all information devices. In particular, in the area known as M2M (Machine-To-Machine), there are great expectations that information with a new type of value can be produced using a variety of devices and sensors saving/sharing data via the network and through large-scale cloud-type data processing. This consortium believes that attaching a huge number of devic...
Sep. 26, 2014 06:00 PM EDT Reads: 1,588
Innodisk is a service-driven provider of industrial embedded flash and DRAM storage products and technologies, with a focus on the enterprise, industrial, aerospace, and defense industries. Innodisk is dedicated to serving their customers and business partners. Quality is vitally important when it comes to industrial embedded flash and DRAM storage products. That’s why Innodisk manufactures all of their products in their own purpose-built memory production facility. In fact, they designed and built their production center to maximize manufacturing efficiency and guarantee the highest quality of our products.
Sep. 26, 2014 05:00 PM EDT Reads: 1,587
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. Every other IT news item seems to be about IoT and its implications on the future of digital business.
Sep. 26, 2014 10:00 AM EDT Reads: 2,074
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. Download Slide Deck: ▸ Here
Sep. 26, 2014 10:00 AM EDT Reads: 1,534
BSQUARE is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our products, services and solutions to achieve innovation and success. For more information, visit www.bsquare.com.
Sep. 26, 2014 09:45 AM EDT Reads: 1,441
With the iCloud scandal seemingly in its past, Apple announced new iPhones, updates to iPad and MacBook as well as news on OSX Yosemite. Although consumers will have to wait to get their hands on some of that new stuff, what they can get is the latest release of iOS 8 that Apple made available for most in-market iPhones and iPads. Originally announced at WWDC (Apple’s annual developers conference) in June, iOS 8 seems to spearhead Apple’s newfound focus upon greater integration of their products into everyday tasks, cross-platform mobility and self-monitoring. Before you update your device, here is a look at some of the new features and things you may want to consider from a mobile security perspective.
Sep. 26, 2014 09:00 AM EDT Reads: 1,421