Bayfield Makes Additional High Grade Discovery On Burns Block Next to RR 5 Million Oz Deposit

One of the #1 rules in investing in mining exploration stocks, as well as for looking for new deposits is that you look around where they have already found gold. Now area plays sometimes don't workout, but if you do your DD you can find some very promising can't miss stocks, to where the geology suggests that the neighboring properties will yield the same or close to the same results. One of these stocks is BYV. Bayfield Ventures is currently drilling a property right next to Rainy River's 5M ounce deposit that at this point almost seems certain to extend for in economical amounts over a good distance onto Bayfield's Burns Block.

I have watched Bayfield for years and they were originally in uranium way back when U3O8 was going parabolic and were grabbing prospective land where ever they could find it, but the stock price went bust as the uranium spot price tanked. I took another look at BYV at the beginning of this summer as I noticed they were now focusing on properties they acquired surrounding Rainy River's discovery way back in 2005. Now what made BYV very prospective is even before this seasons current off the hook drilling results, BYV's Burns Block was already within RR's mining model, and with the ODM Zone still being open to the east onto BYV's property, made this little company a no brainer.

Bayfield Ventures has been on the watchlist for 2 months now at .41 since they started a 20,000 meter drill program right next to Rainy River's 5 M oz deposit in Western Ontario. The area is certain to generate a lot of excitement as Rainy River is also drilling 40,000 meters and has hit some very exciting results in the past couple months including 407.9 g/t over 4.5 meters.

What made Bayfield such an exciting and can't miss area play is that Rainy River's ODM Zone extends onto Bayfield's Burns Block property and drilling this season was focused on seeing how much it extended onto Bayfield's property and right now looks very promising as Bayfield has released 2 exceptional high grade results. The first hole hit 31.74 g/t over 3.0 meters and the second hole 35.93 g/t over 10 meters suggests very good continuity of this high grade zone with the linear plunge distance between the holes being so far in excess of over 400 meters.

What this all means is Bayfield is now a can't miss property and if Rainy River wants to make a mine there, and there is now reason why they won't with the current results, Bayfield is now apart of those plans and would suggest that Bayfield will trade at a premium to insitu value because RR will be in pursuit of Bayfield and not vice versa.

With the latest results from Bayfield and Rainy River, the ODM zone continuity along strike onto the Burns Block and probability of further super high grade pockets, puts Bayfield in an excellent position to possibly discover in excess of 1M oz's on their part of the property.

BYV.V is still a great buy under a $1 and will continue to rise as it becomes obvious that the whole area is rich in gold and BYV.V becomes almost a certain part of the plans for Rainy River.

Bayfield Drills 35.93 G/T Au Over 10.0m Within 13.28 G/T Au Over 28.0m in Rainy River, NW Ontario

Bayfield Drills 31.71 g/t Au Over 3.0m Within 12.88 g/t Au Over 9.0m in Rainy River, NW Ontario

Rainy River Infill Drilling Returns 407.9 g/t Gold (11.9 oz/ton) Over 4.5 Metres in ODM Zone

Northern Tiger Sells Off on Disappointing Drill Results at Sonora Gulch

Northern Tiger announced today that the first drill holes at Sonora Gulch were uneconomical which has led to a sell-off to the 50MA at .26. Any further price drop in my opinion represents a great opportunity to take a position and buy value.

Yes, Sonora Gulch results are disappointing to date and doesn't bode well for the rest of the assays, but what remains is that Northern Tiger is in extremely prospective position in the White Gold District in the Yukon which is yielding up discovery after discovery with the latest being ATAC's exciting discovery yesterday which propelled the stock to doubling in 2 days! To date 5 of 12 holes have been released with assays expected on another 5 holes, while 2 of the 12 holes were abandoned at shallow depths, so there still could be a discovery yet at Sonora Gulch. What is most prospective to me though, is the exciting high grade vein discovery they have made on the 3 Acre property.

With a 17M Market Cap, NTR is certainly the David in the land of Goliath's such as ATAC ($450M) and Kaminak ($180M), but is still in position to make a blue sky discovery which could propel Northern Tiger to the dizzying heights that Kaminak and ATAC have been reaching lately.

The 3 Acre property is where I am betting Northern Tiger will makes its material discovery and may be just as big as ATAC or KAM. Only time and the drill bit will tell. NTR remains a solid buy on weakness. If you can get this baby anywhere below .25 you will be richly rewarded. If not this drill season, the next. The Yukon White Gold is going to be an area that will be in play for the next few years and more than likely you will see several gold mines. Underworld's discovery at Golden Saddle was just the start of a mad gold rush to the Yukon which will see billions of $$$ of investment over the next decade.

ATAC Resources Makes New Carlin Type Discovery

ATAC Resources has made a huge new discovery in the first drill hole drilled at the Osiris Target in the Yukon on their Rau property 100km east from their initial discovery on the Tiger Zone in The White Gold District in the Yukon. This is extremely positive news for ATC as it represents a potential second huge discovery.

They hit a Carlin-Type deposit which is characteristic of a high grade zone within a low grade grade halo. The high grade zone intersected 9.26 g/t over 31.13 meters within a low grade halo that grade .43 g/t over 34.07 meters. The initial potential area of the discovery is within a 150m x 500m gold-arsenic anomaly. Now cubing a hole never a good idea b/c there are so many factors that create a deposit, but it gives you some idea of the potenial of the project. Only drill results will tell what is really there but if you multiply the potential area by the initial drill result you get a 5,000,000 t deposit at 4.65 g/t which turns out to be around 750,000 oz's. Now you know why ATC is up 30% on the day today releasing news of a possible and most likely a 1M+ oz discovery at the Osiris Target.

ATC will continue to be a hot momentum play as they are ramping up exploration in this area and can expect a steady news flow as 4 of 6 drill holes have been completed and assays are pending as well as drill pads are being constructed to test another large gold-arsenic anomaly, a 150m * 900m zone where grab samples ranged 1.48 to 23.90 g/t gold.

ATC became one of our top gold stocks in the Yukon White Gold District once our initial pick Underworld Resources got taken out by Kinross and have been closely following since their initial discovery at the Tiger Zone last summer. ATC is definitely the most advanced play in the district with Kaminak KAM.V and Northern Tiger NTR.V being our other explorers in the White Gold District that we follow closely. Kaminak has had a great run and seems to be cooling off so I would rotate into ATC.V for momentum of this discovery and anticipation of more drill results that confirm this new major discovery and would also rotate into NTR.V to buy value and potential good news flow coming with NTR.V this fall as the results of their exploration program wrap up.

http://www.marketwire.com/press-release/ATAC-Resources-Ltd-Makes-New-Carlin-Type-Discovery-Its-Rau-Gold-Project-Yukon-TSX-VENTURE-ATC-1312576.htm