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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)

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To: Speirs, Robert who started this subject7/14/2000 1:45:20 PM
From: bully   of 1321
 
Int'l Wayside seeks Cariboo project timeline extension

International Wayside Gold Mines Ltd IWA
Shares issued 38,454,998 Jul 13 close $0.98
Fri 14 Jul 2000 News Release
Mr. J. Frank Callaghan reports
The board of directors of International Wayside Gold Mines has requested
the B.C. Environmental Assessment Office (BCEAO) to extend the timeline for
the Cariboo gold project review in light of the recent discovery of the
Bonanza ledge zone.
A project application, earlier submitted to the BCEAO, provided a number of
conceptual scenarios for the development of an open-pit gold mine on Cow
Mountain near Wells, B.C. Exploration at the Bonanza ledge on Barkerville
Mountain, however, now indicates that the new zone of mineralization may
extend into an area proposed for tailings impoundment in one or more of the
scenarios.
An amendment to the application will be submitted should the new zone be
found to conflict with plans presented in the application.
During the timeline extension the company will continue with its
environment baseline monitoring program, aboriginal impact assessment and
scheduled environmental and socio-economic studies.
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