07/07 2011

BYV delivered more spectacular drill results, extending the high-grade ore shoot over 600 meters. For technical reasons, the exchange made the company issue a correction, but even as restated, the results are quite compelling; this first ore shoot may take a fair amount of drilling to nail down, but it’s there. And Bayfield is pushing ahead with its major drilling campaign, looking for more such shoots, as well as bulk-grade gold mineralization along the way. The company had takeover potential regardless, but that now looks even more likely. GLTA