Bayfield Ventures (V.BYV) up 6.3% on exploration plans

Stockhouse Canadian Small and Micro-cap Stock Report for Friday, August 9, 2013 VANCOUVER (SHfn) –-

Bayfield Ventures Corp. (TSX: V.BVY, Stock Forum) climbed 6.3% to 25.5 cents as investors assessed the news that the exploration junior is resuming drilling at its Burns Block gold-silver project in north-western Ontario. The Burns Block project is located adjacent to the east of New Gold Inc.'s (TSX: T.NGD, Stock Forum) multi-million ounce Rainy River gold-silver deposit and to the west of their expanding Intrepid gold-silver zone. The results of a recently completed program of advanced geological, geotechnical and geochemical studies at company's Burns Block and "B" Block properties are being used in gold-silver zone extension drilling in several areas of the Burns Block project. A drill rig and crew are currently being mobilized to the Burns Block with drilling expected to resume around the middle of August.

Tuscany International Drilling Inc. (TSX: T.TID, Stock Forum) fell 16.7% to 12.5 cents after the oil and gas industry services company announced its second quarter results ended June 30, 2013. Tuscany International reported a net loss of $9,741 during the second quarter compared to net income of $1,269 during the same period in 2012. For the three months ended June 30, 2013, the company had 2,343 revenue days from rig operations compared to 2,612 revenue days from rig operations during the three months ended June 30, 2012.