Mr. James Pettit reports

BAYFIELD VENTURES GRANTS STOCK OPTIONS

Pursuant to its stock option plan, Bayfield Ventures Corp. has granted incentive stock options to its various directors, officers, consultants and management company employees to purchase up to an aggregate of 762,720 common shares in the capital stock of the company, exercisable for a period of five years, at a price of 90 cents per share. The company's 10-per-cent rolling stock option plan was approved by the shareholders at the annual general meeting of the company held on April 7, 2010. These options are subject to a four-month hold period.

Bayfield also announces that further to its news release in Stockwatch dated Sept. 17, 2010, it has amended its agreement with Envoy Strategic Partners of Toronto in Ontario to provide for the payment of $3,500 per month. Envoy has been engaged for a period of six months to raise investor awareness, attract investment and find strategic financial partners. The amendment is subject to TSX Venture Exchange acceptance.