Skyharbour Resources Ltd. ("Skyharbour") and Bayfield Ventures Corp. ("Bayfield") announce that a drill rig has now been moved back onto the jointly held Skyharbour (50%) / Bayfield (50%) "Baird Property". Placer Dome (CLA) Limited has an option to earn 51% of the Baird Property by spending $800,000 by Dec. 31, 2004. In the Spring of 2003, Placer completed approximately 10,000 ft. of drilling and spent approximately $350,000. Placer and Skyharbour were very encouraged by the results obtained from this drill program and have approved a Fall 2003 drill program totaling 8850 ft. to start immediately. The target of this drill program is a structural hinge area (fold) that was interpreted from the previous 2003 drill program. The target area is cut by several structures with associated alteration and gold values in ultramafic rock. The geologic setting is considered highly prospective and has positive trace element signatures.
All work is carried out under the supervision of David Busch, a qualified person, under national policy 43-101.
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