Jimsy: Here is the article: I didn't realize that
a password would be required. It didn't format too well.
The article is really nothing special, but at least IWA
got a deserved mention.
Regards
Dan
International Wayside hits more high-grade gold
04/18/2000
International Wayside Gold Mines (IWA-V) has tabled more drill results for the newly discovered gold zone in the footwall of the BC quartz vein on its Cariboo Gold property near Wells, BC.
Gold mineralization is hosted within tan-coloured alteration composed of sericite and dolomite and is associated with thin stringers of blue-grey silica, dolomite and pyrite. Hole BC-13 was drilled at an angle
of minus 45 degrees towards the southwest. It intersected 109 ft. averaging 0.309 oz. gold per ton,
starting at a down-hole depth of 245 ft. This included:
10 ft. averaging 0.341 oz. gold per ton, starting at 255 ft. down-hole;
15 ft. averaging 0.179 oz. per ton at 260 ft. down-hole;
12 ft. averaging 0.794 oz. per ton, starting at 281.5 ft. down-hole;
11.5 ft averaging 0.151 oz. per ton, starting 293.5 ft. down-hole;
15 ft. averaging 0.758 oz. per ton at 305 ft. down-hole; and
34 ft. averaging 0.137 oz. per ton, starting at 320 ft. down-hole.
Assay results for hole BC-09 are still pending. Holes BC-14, 15 and 16 are being logged. International
Wayside is currently drilling BC-17, which is collared 600 ft. from BC-13 on the same drill pad as BC-16.
The hole is being drilled at an angle of minus 66 degrees.
International Wayside reports that it has acquired additional ground in the vicinity of Cariboo Gold. The
company will transfer 56,000 shares jointly to John Williams and Douglas Merrick in return for a 75% interest in five mineral tenures to the northwest.
The junior has also acquired two other claim groups, the Danson and Mabel lots, in return for 10,000 shares.
Since 1933, the Cariboo Gold camp has produced a total of 1.2 million oz. gold from three different underground mines -- the Cariboo Gold-Quartz mine, the Mosquitio Creek mine and the Island Mountain mine. In 1957, the Cariboo Gold mine closed without fully exploring the potential for replacement-style mineralization in the current area of exploration activity -- south of the Jack of Clubs lake.
International Wayside optioned the Cariboo claims in 1994 with the goal of defining an open-pittable
resource around the old underground mine operations. The recent drilling campaign, which led to the discovery of the new gold zone, was an attempt to locate the extension of the BC Vein structure to the southeast of the Cariboo Gold Quartz mine.
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