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Last $0.19 USD
Change Today -0.011 / -5.47%
Volume 58.8K
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

bayfield ventures corp (BYVVF) Snapshot

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bayfield ventures corp (BYVVF) Key Developments

Bayfield Ventures Corp. Auditor Raises 'Going Concern' Doubt

Bayfield Ventures Corp. filed its Annual on Feb 21, 2014 for the period ending Oct 31, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Bayfield Ventures Corp. Completes NI 43-101 Technical Report on its Rainy River 'B' Block Gold-Silver Property, NW Ontario

Bayfield Ventures Corp. announced the completion of a National Instrument (NI) 43-101 technical report on the company's 100% owned mineral rights 'B' Block gold-silver property, Rainy River district, north-western Ontario. The 480 acre 'B' Block property is well located and adjoins to the north of New Gold's expanding Intrepid gold-silver zone and to the north-east of Bayfield's Rainy River Burns Block gold-silver deposits. The company has prepared this technical report detailing precious metal exploration results on its 'B' Block property in the Rainy River District of NW Ontario. Drilling on the 'B' Block property has resulted in the discovery of wide spread gold-silver-zinc- copper mineralization. No mineral resource calculations have been done on the property. Drilling to date has been relatively wide spaced and shallow. All known mineralized intercepts lie within 400 metres of surface. Less than 5% of the drilling on the property has been done below the 400 metre below surface level. The property is positioned in the eastern portion of the developing Rainy River district. The south edge of the property is located approximately 350 metres north of the near surface position of the Intrepid shoot, located on ground controlled by New Gold. The Intrepid shoot is a SW plunging, robust zone of gold-silver mineralization that has been jointly delineated by Bayfield Ventures and Rainy River Resources since its discovery by Bayfield in December 2011. Mineralization on the 'B' Block is contained within a package of NNE striking, vertically dipping, strongly foliated, sheared and locally folded dacite porphyry wall rocks. Pervasive sericite-silica + biotite alteration is developed within the dacite package. Sericite is dominant in the southern half of the property while biotite and silica are well developed in the northern portion. The interlayered dacite porphyry, argillite and mafic volcanic lithology of the known rock package at the 'B' Block are very similar to that found by Bayfield at its nearby Burns Block property. Additionally, discovered gold-silver-base metal mineralization at the 'B' Block is hosted within highly foliated dacite intrusive and or volcanic rocks, again, a setting very similar to that at the Burns Block and at other well mineralized zones along the developing district-scale trend. The compilation of geologic data from OGS mapping with Bayfield's exploration drilling data strongly indicates that the main district gold-silver hosting structures and lithologies are strongly warped to the NE in a position immediately east of the Burns Block and then strike NNE directly through the 'B' Block property.

Bayfield Ventures Corp., Annual General Meeting, Mar 27, 2014

Bayfield Ventures Corp., Annual General Meeting, Mar 27, 2014., at 10:00 Pacific Standard Time. Location: 1710 ­ 1177 West Hastings Street. Agenda: To receive the report of the directors; to receive the audited financial statements of the company for the fiscal year ending October 31, 2013, together with the auditor's report thereon; to fix the number of directors and to elect directors for the ensuing year; to appoint the auditor for the company and to authorize the Directors to fix the auditors' remuneration; to renew the company's Stock Option Plan; to confirm and approve the company's Advance Notice Policy relating to the nomination of directors for election at shareholder meetings; to approve an amendment to the company's stock option plan whereby all options granted under the Plan shall expire not later than that date which is ten (10) years from the date such options were granted, subject to extension where the expiry date falls within a "blackout period"; and to transact such other business as may properly be brought before the Meeting.

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