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October
 2012




          Exploring for Canadian Gold in the
                 Rainy River District




                                               1   1
                                                   1
Forward Looking Statements
This presentation may contain forward-looking statements including but not limited to comments regarding the timing
 This presentation may contain forward-looking statements including but not limited to comments regarding the timing
and content of upcoming work programs, geological interpretations, capital and other costs and credits, timing for and
 and content of upcoming work programs, geological interpretations, capital and other costs and credits, timing for and
results of feasibility study and other programs, receipt of property titles, potential mineral recovery processes, and
 results of feasibility study and other programs, receipt of property titles, potential mineral recovery processes, and
other related matters. Forward looking statements address future events and conditions and therefore involve inherent
 other related matters. Forward looking statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. No
 risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. No
representation or prediction is intended as to the results of future work, nor can there be any promise that the
 representation or prediction is intended as to the results of future work, nor can there be any promise that the
estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be
 estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be
Economic. This presentation contains certain "Forward-Looking Statements" within the meaning of Section 21E of
 Economic. This presentation 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
 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
 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
 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
 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
 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.
 Columbia Securities Commission and the United States Securities & Exchange Commission.




                                                                                                               2
                                                                                                                          2
Qualified Person
Robert Marvin, P.Geo., CPG, Project Geologist for Bayfield Ventures is the Qualified Person as defined
by National Instrument 43-101 and supervised both the project field exploration and the preparation of
the technical information in this presentation.



                          Quality Assurance
 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.




                                                                                               3
                                                                                                         3
Bayfield Share Capital Structure
         Trading Symbol:                                  BYV
        Stock Exchange:                                   TSX Venture
        Frankfurt Symbol:                                 B4N
        Shares Outstanding:                               70.0 million
        Fully Diluted:                                    80.3 million
        Debt:                                             Nil
        Market Cap.:                                      $25 million
        Treasury:                                         $3.5 million
                                                               million

Public company operating adjacent to Bayfield Ventures:
     Rainy River Resources                                TSX: RR
       Market Cap.:                                       $500 million   4
                                                                             4
Bayfield Ventures’ Key Management
         Ventures’
 James G. Pettit: Chairman, CEO
 Jim Pettit is Chairman of the Board and Chief Executive Officer of Bayfield Ventures Corp.
 Mr. Pettit offers over 15 years experience within the industry specializing in finance,
 corporate governance, management, and compliance. He specializes in the early stage
 development of private, as well as public companies. His background over the past 15 years
 has been focused primarily within the resource sector where he has managed and directed
 junior resource companies through good times and bad.

 Don C. Huston: President, Director
 Has been associated with the mineral exploration industry for 25 years and has extensive
 experience as a financier and in-field manager of numerous mineral exploration projects in
 North America.

 Robert Marvin, QP, P.Geo., B.Sc., C.P.G.: VP Exploration
 Since 1979, Mr. Marvin has been involved in mineral exploration for and evaluation of gold,
 copper, zinc, and uranium deposits throughout the Americas as an employee and as an
 independent consultant. He graduated from the University of New Mexico with a Bachelor
 of Science degree in geology in 1984.


                                                                                    5
                                                                                              5
Rainy River District




                       6
                           6
Rainy River Resources’ Deposit
            Resources’
Rainy River's October 2012 resource calculation shows a
measured and indicated resource of 6.17 million of gold
averaging 1.21 g/t gold, in addition to an inferred resource of
2.28 million ounces of gold averaging 0.75 g/t gold. Rainy
River considers that the material above the final depth of the
conceptual pit shell (500 metres vertical depth) offers
reasonable prospects for economic extraction from an open pit
using a cut-off grade of 0.35 g/t gold. The deposit also
contains a measured and indicated resource of 13.34 million
ounces of silver averaging 2.62 g/t silver, in addition to an
inferred resource of 6.98 million ounces of silver averaging
2.32 g/t silver.


                                                          7
                                                                  7
Bayfield Ventures’ Projects
           Ventures’
Holds 100% interest in three properties ideally located to the west and east of
Rainy River Resources’ (TSX-V: RR) multi-million ounce gold deposit in
north-western Ontario




                                                                         8
                                                                              8
Bayfield’s Properties
          Bayfield’s
Bayfield has earned a 100% interest in its flagship “Burns” claim
                                                    “Burns”
block which is completely surrounded by Rainy River Resources’
                                                       Resources’
property and adjoins immediate east of Rainy River’s main
                                               River’s
ODM17 gold zone.

Drill results from Burns Block continue to prove up lower grade,
                                                     lower
bulk tonnage gold mineralization as well as higher grade gold and
                                                               and
silver zones (notable high grade results: 11.20m of 60.05 g/t Au
and 362.96 g/t Ag as well as 10.0m of 35.93 g/t Au and 359.65
g/t Ag).

Bayfield also has 100% interest in the 480 hectare “B” claim
                                                   “B”
block and the 800 hectare “C” claim block, located due east and
                          “C”
west respectively of Rainy River Resources’ #433 and ODM17
                                  Resources’
gold zones.
                                                           9
                                                              9
Rainy River District Geology




                               10
                                    10
Bayfield’s Current 2011/12 Ongoing
 Bayfield’s
            Drill Program
100,000 metres of diamond drilling currently underway; designed to
test the strike extension of Rainy River’s main ODM17 gold zone
onto the Burns Block

Drilling to date confirms this with results right in line with Rainy
River’s results

Definition of easterly extension of ODM17 gold zone onto Burns
Block includes zones within potential open pit parameters as well as
zones below open pit depths



                                                                  11
                                                                       11
Rainy River Gold Zones




                         12
                              12
Burns Block Drilling Exploration Map




                                 13
                                      13
Bayfield’s Current 2011/12 Ongoing
  Bayfield’s
             Drill Program
The gold and silver results thus far in the program have been very successful in
delineating the eastern extension of Rainy River’s main ODM17 gold zone onto the
Burns Block

Most holes have broad, lower-grade gold intersections with the potential to intercept
high grade gold and silver zones (as confirmed by holes RR10-15, RR10-18, RR10-
52, RR11-1, RR11-5, RR11-14, RR11-71, RR11-162, RR11-180, RR11-181, RR12-
23 and RR12-30)

Drill program has focused on two complimentary exploration efforts: delineation
drilling of high grade gold-silver zones in west portion of Burns Block and eastward
exploration through series of four west-east drill fences

A wide shear zone at the east Burns Block is being explored and this zone appears to
be the far easterly strike extension of the main ODM17 gold-silver zone which hosts
most of Rainy River's deposit and Bayfield's high grade gold-silver zones 600-700
metres to the west
                                                                            14
                                                                                 14
Cross Section of Burns Block Drilling
      (West Side of Property)




                                        15
                                             15
Bayfield’s Current 2011/12 Ongoing
  Bayfield’s
             Drill Program
High grade drill results from the Burns Block include:

 • RR11-71  60.05 g/t Au and 362.96 g/t Ag over 11.2 metres within 25.5
   metres of 26.70 g/t Au and 170.69 g/t Ag
 • RR11-181  61.02 g/t Au over 7.2 metres within 33.0 metres of 13.73 g/t Au
 • RR11-180  65.66 g/t Au over 5.0 metres within 30.0 metres of 12.98 g/t Au
 • RR10-18  35.93 g/t Au and 359.65 g/t Ag over 10.0 metres
 • RR10-15  31.71 g/t Au and 48.77 g/t Ag over 3.0 metres within 9.0 metres of
   12.88 g/t Au and 39.26 g/t Ag
 • RR10-52  89.96 g/t Au and 1414.55 g/t Ag over 1.1 metres
 • RR11-1  33.13 g/t Au and 208.18 g/t Ag over 2.2 metres within 9.15 metres
   of 8.37 g/t Au and 40.57 g/t Ag
 • RR11-5  13.00 g/t Au and 70.22 g/t Ag over 6.6 metres
 • RR11-162  20.23 g/t Au and 39.19 g/t Ag over 5.5 metres
 • RR12-26  10.39 g/t Au and 191.32 g/t Ag over 5.5 metres
 • RR12-30  5.45 g/t Au and 20.63 g/t Ag over 19.6 metres

Numerous other high grade gold and silver drill results
                                                                       16
                                                                            16
Burns and “B” Blocks: Geophysical Map
          “B”
      (Cesium Magnetic Survey)




                                        17
                                             17
Claim Block “B”
                           “B”
Bayfield’s “B” claim block is approx. 480 hectares and
abuts the eastern boundary of Rainy River Resources 433
gold zone

December 2008, Bayfield completed 4 holes (1192 metres)
concentrated in the southwest corner of the “B” claim
block

Hole RR08-2 encountered 5.7 g/t Au (.17 oz/t Au) over 2
metres within 5 metres of 2.64 g/t Au at a depth of about
260 metres
                                                      18
                                                            18
Claim Block “C”
                           “C”
Bayfield Ventures’ “C” claim block, consisting of 49 units
totaling approximately 800 hectares, abuts the western
boundary of Rainy River Resources’ Richardson Township
property

Airborne geophysical survey carried out in late 2010 shows
clear evidence of mafic volcanic rocks in the northern
portion of the property; these rocks are separated from
interpreted intermediate volcanic rocks by a sharp contact
that is very likely a fault

The interpreted fault contact and the area of interpreted
intermediate volcanic (dacite or equivalent) rocks present
top quality drill targets at the “C” Block
                                                      19
                                                             19
“C” Block: Geophysical Map
“C”
 (Cesium Magnetic Survey)




                             20
                                  20
Recap & Goals
Bayfield owns 100% of 3 properties adjacent east and
west of Rainy River Resources’ significant multi-
million ounce gold deposit in north-western Ontario
Aggressive diamond drill program underway on
properties: 100,000 metres planned with over 275
holes completed to date
Gold and silver intercepts reported on Burns Block
continue to define eastern extension of Rainy River
Resource’s main ODM17 Zone with much more
exploration/drilling planned for 2012
                                                   21
                                                        21
CONTACT INFO
                           CONTACT INFO
                            Jim Pettit: CEO
                            Jim Pettit: CEO
                  Don Myers: Corporate Communications
                  Don Myers: Corporate Communications
                         Bayfield Ventures Corp.
                         Bayfield Ventures Corp.
                  Suite 2230, 885 West Georgia Street
                   Suite 2230, 885 West Georgia Street
                  Vancouver, BC, V6C 3E8, CANADA
                  Vancouver, BC, V6C 3E8, CANADA
                Tel: (604) 687-3376 Fax: (604) 687-3119
                Tel: (604) 687-3376 Fax: (604) 687-3119
                        Toll Free: 1-800-567-8181
                        Toll Free: 1-800-567-8181
                       www.bayfieldventures.com
                        www.bayfieldventures.com
                       info@bayfieldventures.com
                       info@bayfieldventures.com




Frankfurt Symbol: B4N                                     22

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Bayfield Ventures Corporate Presentation

  • 1. October 2012 Exploring for Canadian Gold in the Rainy River District 1 1 1
  • 2. Forward Looking Statements This presentation may contain forward-looking statements including but not limited to comments regarding the timing This presentation may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, capital and other costs and credits, timing for and and content of upcoming work programs, geological interpretations, capital and other costs and credits, timing for and results of feasibility study and other programs, receipt of property titles, potential mineral recovery processes, and results of feasibility study and other programs, receipt of property titles, potential mineral recovery processes, and other related matters. Forward looking statements address future events and conditions and therefore involve inherent other related matters. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. No risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. No representation or prediction is intended as to the results of future work, nor can there be any promise that the representation or prediction is intended as to the results of future work, nor can there be any promise that the estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be Economic. This presentation contains certain "Forward-Looking Statements" within the meaning of Section 21E of Economic. This presentation 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 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 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 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 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 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. Columbia Securities Commission and the United States Securities & Exchange Commission. 2 2
  • 3. Qualified Person Robert Marvin, P.Geo., CPG, Project Geologist for Bayfield Ventures is the Qualified Person as defined by National Instrument 43-101 and supervised both the project field exploration and the preparation of the technical information in this presentation. Quality Assurance 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. 3 3
  • 4. Bayfield Share Capital Structure Trading Symbol: BYV Stock Exchange: TSX Venture Frankfurt Symbol: B4N Shares Outstanding: 70.0 million Fully Diluted: 80.3 million Debt: Nil Market Cap.: $25 million Treasury: $3.5 million million Public company operating adjacent to Bayfield Ventures: Rainy River Resources TSX: RR Market Cap.: $500 million 4 4
  • 5. Bayfield Ventures’ Key Management Ventures’ James G. Pettit: Chairman, CEO Jim Pettit is Chairman of the Board and Chief Executive Officer of Bayfield Ventures Corp. Mr. Pettit offers over 15 years experience within the industry specializing in finance, corporate governance, management, and compliance. He specializes in the early stage development of private, as well as public companies. His background over the past 15 years has been focused primarily within the resource sector where he has managed and directed junior resource companies through good times and bad. Don C. Huston: President, Director Has been associated with the mineral exploration industry for 25 years and has extensive experience as a financier and in-field manager of numerous mineral exploration projects in North America. Robert Marvin, QP, P.Geo., B.Sc., C.P.G.: VP Exploration Since 1979, Mr. Marvin has been involved in mineral exploration for and evaluation of gold, copper, zinc, and uranium deposits throughout the Americas as an employee and as an independent consultant. He graduated from the University of New Mexico with a Bachelor of Science degree in geology in 1984. 5 5
  • 7. Rainy River Resources’ Deposit Resources’ Rainy River's October 2012 resource calculation shows a measured and indicated resource of 6.17 million of gold averaging 1.21 g/t gold, in addition to an inferred resource of 2.28 million ounces of gold averaging 0.75 g/t gold. Rainy River considers that the material above the final depth of the conceptual pit shell (500 metres vertical depth) offers reasonable prospects for economic extraction from an open pit using a cut-off grade of 0.35 g/t gold. The deposit also contains a measured and indicated resource of 13.34 million ounces of silver averaging 2.62 g/t silver, in addition to an inferred resource of 6.98 million ounces of silver averaging 2.32 g/t silver. 7 7
  • 8. Bayfield Ventures’ Projects Ventures’ Holds 100% interest in three properties ideally located to the west and east of Rainy River Resources’ (TSX-V: RR) multi-million ounce gold deposit in north-western Ontario 8 8
  • 9. Bayfield’s Properties Bayfield’s Bayfield has earned a 100% interest in its flagship “Burns” claim “Burns” block which is completely surrounded by Rainy River Resources’ Resources’ property and adjoins immediate east of Rainy River’s main River’s ODM17 gold zone. Drill results from Burns Block continue to prove up lower grade, lower bulk tonnage gold mineralization as well as higher grade gold and and silver zones (notable high grade results: 11.20m of 60.05 g/t Au and 362.96 g/t Ag as well as 10.0m of 35.93 g/t Au and 359.65 g/t Ag). Bayfield also has 100% interest in the 480 hectare “B” claim “B” block and the 800 hectare “C” claim block, located due east and “C” west respectively of Rainy River Resources’ #433 and ODM17 Resources’ gold zones. 9 9
  • 10. Rainy River District Geology 10 10
  • 11. Bayfield’s Current 2011/12 Ongoing Bayfield’s Drill Program 100,000 metres of diamond drilling currently underway; designed to test the strike extension of Rainy River’s main ODM17 gold zone onto the Burns Block Drilling to date confirms this with results right in line with Rainy River’s results Definition of easterly extension of ODM17 gold zone onto Burns Block includes zones within potential open pit parameters as well as zones below open pit depths 11 11
  • 12. Rainy River Gold Zones 12 12
  • 13. Burns Block Drilling Exploration Map 13 13
  • 14. Bayfield’s Current 2011/12 Ongoing Bayfield’s Drill Program The gold and silver results thus far in the program have been very successful in delineating the eastern extension of Rainy River’s main ODM17 gold zone onto the Burns Block Most holes have broad, lower-grade gold intersections with the potential to intercept high grade gold and silver zones (as confirmed by holes RR10-15, RR10-18, RR10- 52, RR11-1, RR11-5, RR11-14, RR11-71, RR11-162, RR11-180, RR11-181, RR12- 23 and RR12-30) Drill program has focused on two complimentary exploration efforts: delineation drilling of high grade gold-silver zones in west portion of Burns Block and eastward exploration through series of four west-east drill fences A wide shear zone at the east Burns Block is being explored and this zone appears to be the far easterly strike extension of the main ODM17 gold-silver zone which hosts most of Rainy River's deposit and Bayfield's high grade gold-silver zones 600-700 metres to the west 14 14
  • 15. Cross Section of Burns Block Drilling (West Side of Property) 15 15
  • 16. Bayfield’s Current 2011/12 Ongoing Bayfield’s Drill Program High grade drill results from the Burns Block include: • RR11-71  60.05 g/t Au and 362.96 g/t Ag over 11.2 metres within 25.5 metres of 26.70 g/t Au and 170.69 g/t Ag • RR11-181  61.02 g/t Au over 7.2 metres within 33.0 metres of 13.73 g/t Au • RR11-180  65.66 g/t Au over 5.0 metres within 30.0 metres of 12.98 g/t Au • RR10-18  35.93 g/t Au and 359.65 g/t Ag over 10.0 metres • RR10-15  31.71 g/t Au and 48.77 g/t Ag over 3.0 metres within 9.0 metres of 12.88 g/t Au and 39.26 g/t Ag • RR10-52  89.96 g/t Au and 1414.55 g/t Ag over 1.1 metres • RR11-1  33.13 g/t Au and 208.18 g/t Ag over 2.2 metres within 9.15 metres of 8.37 g/t Au and 40.57 g/t Ag • RR11-5  13.00 g/t Au and 70.22 g/t Ag over 6.6 metres • RR11-162  20.23 g/t Au and 39.19 g/t Ag over 5.5 metres • RR12-26  10.39 g/t Au and 191.32 g/t Ag over 5.5 metres • RR12-30  5.45 g/t Au and 20.63 g/t Ag over 19.6 metres Numerous other high grade gold and silver drill results 16 16
  • 17. Burns and “B” Blocks: Geophysical Map “B” (Cesium Magnetic Survey) 17 17
  • 18. Claim Block “B” “B” Bayfield’s “B” claim block is approx. 480 hectares and abuts the eastern boundary of Rainy River Resources 433 gold zone December 2008, Bayfield completed 4 holes (1192 metres) concentrated in the southwest corner of the “B” claim block Hole RR08-2 encountered 5.7 g/t Au (.17 oz/t Au) over 2 metres within 5 metres of 2.64 g/t Au at a depth of about 260 metres 18 18
  • 19. Claim Block “C” “C” Bayfield Ventures’ “C” claim block, consisting of 49 units totaling approximately 800 hectares, abuts the western boundary of Rainy River Resources’ Richardson Township property Airborne geophysical survey carried out in late 2010 shows clear evidence of mafic volcanic rocks in the northern portion of the property; these rocks are separated from interpreted intermediate volcanic rocks by a sharp contact that is very likely a fault The interpreted fault contact and the area of interpreted intermediate volcanic (dacite or equivalent) rocks present top quality drill targets at the “C” Block 19 19
  • 20. “C” Block: Geophysical Map “C” (Cesium Magnetic Survey) 20 20
  • 21. Recap & Goals Bayfield owns 100% of 3 properties adjacent east and west of Rainy River Resources’ significant multi- million ounce gold deposit in north-western Ontario Aggressive diamond drill program underway on properties: 100,000 metres planned with over 275 holes completed to date Gold and silver intercepts reported on Burns Block continue to define eastern extension of Rainy River Resource’s main ODM17 Zone with much more exploration/drilling planned for 2012 21 21
  • 22. CONTACT INFO CONTACT INFO Jim Pettit: CEO Jim Pettit: CEO Don Myers: Corporate Communications Don Myers: Corporate Communications Bayfield Ventures Corp. Bayfield Ventures Corp. Suite 2230, 885 West Georgia Street Suite 2230, 885 West Georgia Street Vancouver, BC, V6C 3E8, CANADA Vancouver, BC, V6C 3E8, CANADA Tel: (604) 687-3376 Fax: (604) 687-3119 Tel: (604) 687-3376 Fax: (604) 687-3119 Toll Free: 1-800-567-8181 Toll Free: 1-800-567-8181 www.bayfieldventures.com www.bayfieldventures.com info@bayfieldventures.com info@bayfieldventures.com Frankfurt Symbol: B4N 22