The Board of Directors of International Wayside Gold Mines Ltd. (the "Company")
(TSX VENTURE:WYG)(FRANKFURT:IWUB) announces prospecting assay results (see Table
1) from the Butts Zone which has defined the current stage of the 2009
exploration program, including diamond drilling at Wilf's Showing on Cow
Mountain (which began July 8, 2009) and trenching along the B Road on and around
the Butts Zone, which is about 2.3 km to the mine grid west of the BC Vein and
proposed Bonanza Ledge mine on Barkerville Mountain.


Limited prospecting and exploration has been completed on the Butts Zone.
Significant gold values returned from reconnaissance rock and channel sampling
confirms the Butts Zone as one of the potential areas in the Company's Cariboo
Gold Project for both quartz vein and replacement styles of gold mineralization.


Wilf's Showing in the Butts Zone is a large quartz vein outcrop with massive and
semi-massive fine-grained pyrite, beside Lowhee Creek and Lowhee Fault on Cow
Mountain. It is inferred that the quartz vein is possibly the mine grid west
extension of the BC Vein (which is 305 m deep at the BC Shaft and has been
drilled on 30.5 m centers for 1.23 km), offset by the Lowhee Fault. The Bonanza
Ledge deposit and proposed mine was discovered in the footwall of the BC Vein
which demonstrates the potential significance of Wilf's Showing. Both channel
and chip rock samples collected from the Showing returned encouraging assays
ranging between 13.6 and 21.6 g/T gold (Sample #30745-30746 and 104252-104253,
see Table 1).


The purposes of the drill and trench programs on the Butts Zone are, to confirm
whether this quartz vein is the mine grid west portion of the BC Vein (which
would give it a 2.3 km strike length) offset by Lowhee Fault on Cow Mountain and
to have a better understanding of the gold resource of both the quartz vein and
replacement styles of mineralization on the Butts Zone. Once verified, it may be
possible to find additional Bonanza Ledge style gold mineralization in the
footwall of Wilf's Showing, beside Lowhee Creek on Cow Mountain.




Table 1:
Assay Results of Rock Samples from Butts Zone Including Wilf's Showing

-------------------------------------------------------------------------
SAMPLE #   TYPE         LENGTH      Au (g/T)   MINERALIZATION         LAB
-------------------------------------------------------------------------
104252     Channel         3.3'        17.9       quartz vein    Eco Tech
-------------------------------------------------------------------------
104253     Channel         2.2'        13.6       quartz vein    Eco Tech
-------------------------------------------------------------------------
30745      Chip channel    6.0'        21.6       quartz vein    Eco Tech
-------------------------------------------------------------------------
30746      Chip channel    5.0'        4.27       quartz vein    Eco Tech
-------------------------------------------------------------------------
43483      Chip              -         7.77       quartz vein    Eco Tech
-------------------------------------------------------------------------
43486      Chip              -         21.9       quartz vein    Eco Tech
-------------------------------------------------------------------------
43495      Chip              -         4.45       quartz vein    Eco Tech
-------------------------------------------------------------------------
43496      Chip              -         3.34       quartz vein    Eco Tech
-------------------------------------------------------------------------
43500      Chip              -         4.56       quartz vein    Eco Tech
-------------------------------------------------------------------------
43517      Chip              -         16.5       quartz vein    Eco Tech
-------------------------------------------------------------------------
43518      Chip              -         58.9       quartz vein    Eco Tech
-------------------------------------------------------------------------
43519      Chip              -         7.04       quartz vein    Eco Tech
-------------------------------------------------------------------------
43528      Chip              -         11.8       quartz vein    Eco Tech
-------------------------------------------------------------------------
43531      Chip              -          204       quartz vein    Eco Tech
-------------------------------------------------------------------------
43547      Chip              -         9.14       quartz vein    Eco Tech
-------------------------------------------------------------------------
43556      Chip              -         4.75       quartz vein    Eco Tech
-------------------------------------------------------------------------
43557      Chip              -         1.92    Replacement (?)   Eco Tech
-------------------------------------------------------------------------
43558      Chip              -         5.77       quartz vein    Eco Tech
-------------------------------------------------------------------------
43560      Chip              -         4.51       quartz vein    Eco Tech
-------------------------------------------------------------------------
43563      Chip              -         3.19       quartz vein    Eco Tech
-------------------------------------------------------------------------
43564      Chip              -         11.0       quartz vein    Eco Tech
-------------------------------------------------------------------------
43566      Chip              -         22.7       quartz vein    Eco Tech
-------------------------------------------------------------------------
43567      Chip              -         15.7       quartz vein    Eco Tech
-------------------------------------------------------------------------
43568      Chip              -         5.18       quartz vein    Eco Tech
-------------------------------------------------------------------------



Wayside is in the process of acquiring the QR Mine and 900 tonne per day QR
Mill, which was fully operational until February 2009 (now on care and
maintenance). The QR Mill is a CIP mill designed for an output of 70,000 ounces
of gold per annum for that location. The mill is 110 km by road from Wayside's
Cariboo Gold Project and proposed Bonanza Ledge Mine.


The Company initiated operations in the Cariboo District in 1994 and since that
time has focused on the exploration and development of its gold properties.
Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065
square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the
Barkerville Gold Camp, 101 creeks have reported placer gold production. Recorded
gold production from the area totals more than 3.8 million ounces, including an
estimated 2.64 million ounces from placer mining and 1.23 million ounces from
lode mining.


The technical information in this News Release has been reviewed and approved by
Chief Geologist Jim Yin, PhD, P.Geo, a qualified person as defined in National
Instrument 43-101.


On Behalf of the Board of Directors

J. Frank Callaghan, President

International Wayside Gold Mines New Com Npv (TSXV:WYG)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos International Wayside Gold Mines New Com Npv.
International Wayside Gold Mines New Com Npv (TSXV:WYG)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos International Wayside Gold Mines New Com Npv.