BAIRD

SkyHarbour Resources and Bayfield Ventures have completed the winter 2005 diamond drill program on the Baird gold property located in the Red Lake gold district, Northwestern, Ontario, Canada. The primary focus of the 2005 phase II program was to expand the known South deformation (shear) zone with several holes of infill diamond drilling. Drilling to date has confirmed the presence of gold mineralization within a broad area of quartz carbonate alteration, including veins and veining in the mafic/ultramafic flows. Significant results include hole B03-13 at 11.63 g/t Au over 0.8 m, hole B03-11 at 13.68 g/t Au over 0.4 m and hole B03-12 at 4.11 g/t Au over 1.5 m. Placer Dome provided the financing for the program as part of its requirements to earn an interest of 51 per cent in the property.

Completed the winter 2005 diamond drill program on the Baird gold property. The primary focus of the 2005 phase II program was to expand the known South deformation (shear) zone with several holes of infill diamond drilling. Drilling to date has confirmed the presence of gold mineralization within a broad area of quartz carbonate alteration, including veins and veining in the mafic/ultramafic flows. Significant results include hole B03-13 at 11.63 g/t Au over 0.8 m, hole B03-11 at 13.68 g/t Au over 0.4 m and hole B03-12 at 4.11 g/t Au over 1.5 m. Placer Dome provided the financing for the program as part of its requirements to earn an interest of 51 per cent in the property. Drilling was completed in March.

Commenced phase two extension of the diamond drill program. The promary focus of the extension of the known South deformation (shear) zone previously defined in the phase two drilling in the winter of 2003-2004. Drilling to date has confirmed the presence of gold mineralization within a broad zone of quartz carbonate alteration, which includes veins and veining in mafic/ultramafic flows.