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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Randy berg who wrote (1129)5/14/2000 12:10:00 PM
From: cash money  Read Replies (1) | Respond to of 1321
 
IWA NEWS

It just keeps getting better and better!!!

Company Press Release
Check Assays New Zone
The Bonanza Ledge
VANCOUVER, Canada--(BUSINESS WIRE)--May 13, 2000--Richard Hall, Ph.D, P Eng., has reported to the Board of Directors of International Wayside Gold Mines Ltd. (the Company), the duplicate assays (reject check assay) listed below for BC2K-10 and BC2K-12 on the new zone on the foot wall side of the BC Vein (see News Release 00-12 April 9, 2000). This new zone will now be referred to as the Bonanza Ledge. The area of the new discovery at the turn of the century was referred to as the Bonanza Ledge and renamed the BC Vein in early 1930's by Cariboo Gold Quartz Mining Company Ltd. Acme Analytical Labs Ltd., of Vancouver did the original assay for both holes. Rejects for BC2K-10 were sent to TSL Laboratories Inc. in Saskatoon, and the rejects for BC2K-12 were sent to ALS Chemex Labs Inc. in North Vancouver.

Check assays listed below Acme Analytical Labs
Original Assays

BC2K-10 INTERVAL(ft) LENGTH(ft) g/t Au oz/t Au g/t Au oz/t Au
------- ------------ ---------- ------ ------- ------ -------
Main
Interval 157.9-242.6 84.7 29.64 0.865 24.65 0.719
Includes 196.1-240.6 44.5 52.04 1.518 42.925 1.252
Interval 300.1-330.0 29.9 3.85 0.112 3.518 0.102
Interval 330.0-395.0 65.0 0.44 0.013 (a)1gm

BC2K-12 INTERVAL(ft) LENGTH(ft) g/t Au oz/t Au g/t Au oz/t Au
------- ------------ ---------- ------ ------- ------ -------
Interval 182.5-199.3 16.8 2.02 0.059 2.00 0.058
Interval 199.3-257.0 57.7 21.62 0.631 20.796 0.606

Detailed intercepts of BC2K-10 are on page two and BC2K-12 are on
page three.

DRILL BC2K-10 Acme Duplicate TSL
HOLE Reject
Original Reruns Reject Duplicate
SAMPLE INTERVAL (ft) FIRE ASSAY FIRE ASSAY Rejects
NO - ICP FINISH - GRAVIMETRIC
(B FROM TO (g/t) (oz/t) (g/t) (g/t) (g/t) (oz/t) (g/t)
SERIES)
169742 157.9 160.3 9.73 0.284 10.22 9.79 10.78 0.314
169743 160.3 166.4 2.52 0.074 3.28 0.096
169744 166.4 177.3 6.51 0.190 6.55 0.191 6.24
169745 177.3 187.0 2.24 0.065 2.69 0.078
169746 187.0 196.1 3.85 0.112 4.55 0.133 4.17
169747 196.1 200.2 16.70 0.487 16.17 0.472 16.38
169748 200.2 202.8 76.71 2.237 111.4 3.249 111.3
169749 202.8 211.5 87.08 2.540 118.8 3.465 120.5
169750 211.5 214.4 26.33 0.768 29.79 0.869 29.69
169751 214.4 216.0 23.98 0.699 26 0.758
169752 216.0 221.0 16.43 0.479 18 0.525
169753 221.0 229.0 36.90 1.076 39.03 1.138 39.14
169754 229.0 235.0 33.96 0.991 32.98 33.62 35.86 1.046 36.03
169755 235.0 240.6 33.72 0.984 32.34 0.943 32.24
169756 240.6 242.6 5.54 0.162 5 0.146 5.17
169757 242.6 250.8 0.74 0.022 0.59 0.017
169758 250.8 255.3 0.09 0.003 0.03 0.001
169759 255.3 260.0 0.11 0.003 0.03 0.001
169760 260.0 267.1 0.07 0.002 (a)0.03 0.001
169761 267.1 270.6 0.05 0.001 (a)0.03 0.001
169762 270.6 277.3 0.05 0.001 (a)0.03 0.001
169763 277.3 288.0 0.03 0.001 (a)0.03 0.001
169764 288.0 299.5 0.15 0.004 0.03 0.001
169765 299.5 300.1 0.37 0.011 0.34 0.010
169766 300.1 305.0 2.05 0.060 2.41 0.070 2.28
169767 305.0 311.3 5.16 0.151 5.62 0.164
169768 311.3 312.4 15.07 0.440 19.24 0.561 18.76
169769 312.4 320.0 0.65 0.019 0.66 0.019
169770 320.0 322.0 1.44 0.042 1.47 1.51 1.72 0.050 1.66
169771 322.0 330.0 4.78 0.139 4.79 0.140
169772 330.0 335.0 0.44 0.013 0.38 0.011
169773 335.0 342.5 1.24 0.036 1.45 0.042
169774 342.5 348.6 1.13 0.033 1.38 0.040
169775 348.6 350.0 0.81 0.024 0.83 0.024
169776 350.0 359.0 0.20 0.006 (a)0.03 0.001
169777 359.0 361.2 1.21 0.035 0.03 0.001
169778 361.2 363.4 0.58 0.017 0.48 0.014
169779 363.4 370.0 0.30 0.009 0.03 0.001
169780 370.0 375.7 0.14 0.004 0.14 0.14 0.03 0.001 0.03
169781 375.7 377.1 0.07 0.002 (a)0.03 0.001
169782 377.1 379.7 0.22 0.006 0.14 0.004
169783 379.7 382.7 0.72 0.021 0.86 0.025
169784 382.7 387.0 0.14 0.004 0.14 0.004
169785 387.0 395.0 0.16 0.005 0.1 0.003

DRILL HOLE BC2K-12 Acme
Original CHEMEX REJECT
SAMPLE INTERVAL (ft) FIRE ASSAY FIRE ASSAY
NO - ICP FINISH - GRAVIMETRIC
(B FROM TO (g/t) (oz/t) (g/t) (g/t) (g/t) (oz/t)
SERIES)

169701 182.5 184.9 3.35 0.098 3.25 0.095
169702 184.9 190.0 2.55 0.074 2.65 0.077
169703 190.0 195.5 2.14 0.062 2.14 0.062
169704 195.5 199.3 0.23 0.007 0.24 0.007
169705 199.3 204.6 11.90 0.347 12.59 0.367
169706 204.6 209.0 29.64 0.865 30.82 0.899
169707 209.0 214.5 45.85 1.337 47.81 1.394
169708 214.5 217.6 34.19 0.997 35.56 1.037
169709 217.6 225.0 39.75 1.159 42.74 1.247
169710 225.0 235.0 13.78 0.402 13.9 0.405
169711 235.0 240.5 6.36 0.186 6.37 0.186
169712 240.5 242.2 0.19 0.006 0.26 0.008
169713 242.2 243.7 30.02 0.876 31.3 0.913
169714 243.7 245.6 10.20 0.298 8.33 0.243
169715 245.6 252.6 0.84 0.025 0.74 0.022
169716 252.6 257.0 25.18 0.734 26.33 24.83 25.68 0.749

The property is located near Wells, British Columbia, adjacent to Barkerville Historic Town in north central British Columbia. Previous recorded production from the Company's ground and surrounding area is 3.9 million ounces of gold, of which 1.3 million was lode and 2.6 million ounces was placer The company has been exploring the Cariboo Gold Project since 1995. The exploration program is continuing.



To: Randy berg who wrote (1129)5/14/2000 2:43:00 PM
From: Enigma  Respond to of 1321
 
You're probably right - huge volumes and price swings will usually get this sort of response. The financing rumour came from the street and could be wrong - but while we're on this subject - how much cash does IWA have? And can we expect a financing sooner rather than later?