VANCOUVER, British Columbia, Oct. 25, 2006 (PRIMEZONE) -- Bayfield Ventures Corp. (TSX-V:BYV) (FWB:B4N) announces that the Company has been advised by BHP Billiton, its mineral exploration partner in Mongolia, that a drill rig is being mobilized to the Khermen Uul property held by Bayfield Ventures. BHP Billiton has the Khermen Uul property (license no. 6862) under option from Bayfield and is preparing to drill 2-3 reconnaissance holes in an area with overburden cover in an attempt to determine the potential of the stratigraphy of the area for high quality coal.
Location Map:http://www.bayfieldventures.com/s/Image.asp?i=maps/byv-mongolia-claim.jpg
The 48,000 hectares Khermen Uul property is located approximately 300 kilometres to the west-northwest of Ivanhoe Mines Oyu Tolgoi copper-gold deposit and known Ivanhoe coal deposits. Geophysical and geological studies have been carried out in the immediate area since the mid 1980s. Numerous hard coal occurrences have been identified in the general area in the past, as well as porphyry gold occurrences. Very good accessibility to the property exists here.
Bayfield Ventures believes that its land holdings in the South Gobi Region of Mongolia are well situated for the exploration of hard coal deposits.
Bayfield Ventures Corp. is actively involved in the acquisition, exploration and development of copper/gold and coal properties in the South Gobi region of Mongolia, diamonds in the Fort a la Corne region of Central Saskatchewan and gold in the Red Lake region of Northwestern Ontario, Canada.
For further information on Bayfield Ventures Corp. (TSX-V:BYV), visit the Company's web site at www.bayfieldventures.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Don Huston"
DONALD C. HUSTON
President
For further information contact myself or:
Don Myers
Director
Bayfield Ventures Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@bayfieldventures.com
THE TSX VENTURE AND FRANKFURT STOCK EXCHANGES HAVE NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.
This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.