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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: brian krause who wrote (7190)	3/15/2002 9:48:55 PM
From: Al Collard	Respond to of 11802

Hi Brian, Your in with IWA-v @$.14 for 71,428 shares. Chart for International Wayside Gold Mines Limited: stockcharts.com[h,a]daclyiay[pc20!b50][vc60][iLa12,26,9!Ll14]&pref=G Nice volume and share price appreciation spike from Friday's trading on this stock. The chart indicators have turned bullish as the stock broke out and finished at the high of the day. I don't see any news so something obviously is up with this stock and I would imagine we will find out early next week. Good luck with this pick, Al

To: brian krause who wrote (7190)	3/19/2002 12:09:53 PM
From: Al Collard	Respond to of 11802

IWA-v...in the news: Int'l Wayside set to drill at Cariboo Tue 19 Mar 2002 Mr. J. Frank Callaghan reports CARIBOO GOLD PROJECT 2002 WORK PROGRAM STARTS Godfrey Walton, PGeo, vice-president exploration, has reported to the board of directors of International Wayside Gold Mines that the 2002 work program at the Cariboo gold project near Wells, B.C., has started with drilling commencing next week. The targets for the work program are: (1) to continue drilling the BC vein/Bonanza ledge to the northwest toward Lowhee Creek, (2) an underground program on the Cariboo Gold Quartz mine (CGQM), which includes drilling below the 1,200 level with the objective of increasing the resource already defined above the 1,200 level, and (3) drilling on the Wells trend along the possible extension of the Bonanza ledge trend. Program details and maps for the underground drilling on CGQM and the surface drilling on the Wells trend on Cow Mountain will be released in the near future. The company reported last year in news releases that there is a correlation between mineralization in the BC vein and the Bonanza ledge. The objective is to determine the dimensions of the hydrothermal system responsible for the gold mineralization at the Cariboo Gold Quartz, Island Mountain, Mosquito Creek mines and Bonanza ledge. It is the opinion of the company's geologists that the mineralization at these former producers and the Bonanza ledge/BC vein are related although in different stratigraphic horizons, if so this would suggest the system is at least four miles long. The company's geologists consider that a major crustal fault controls the emplacement of the gold mineralization in the Cariboo camp. This fault system, the lithology and the folding have controlled the location and morphology of the ore shoots. Strike veins such as the BC vein are important in outlining where faulting and folding have structurally prepared the ground. Drilling in 2001 successfully traced the BC vein for 3,500 feet and showed that the BC vein is still open in all directions. The Cariboo Gold Quartz Mining & Milling Company Limited (CGQMM) completed an underground drive two miles from the 1,500 level portal to the BC shaft that outlined two slopes in the BC vein 1,000 feet below the surface. The first slope produced 1,543 tons grading 0.413 ounce per ton Au hosted in the BC vein and the Goldfinch fault (as reported by CGQMM). The second slope produced 1,886 tons grading 0.588 ounce per ton Au (as reported by CGQMM) hosted in the BC vein, however, the limited work force in the 1940s did not allow for any further exploration along the BC vein on surface or underground. The company has been drilling the BC vein/Bonanza ledge from surface since 1998 and has completed 104 drill holes in 44,550 feet. Cross-sections, level plans and longitudinal sections are in progress for a resource calculation. The 2001 drilling and surface work on the Wells trend located another strike vein, intersected in two drill holes, with values of 1.8 feet grading 0.67 ounce per ton Au and 7.6 feet grading 0.09 ounce per ton Au. These drill holes combined with four surface locations of strike-orientated veins provided encouragement to the company's geologists. In 1934, Mr. Wynne of McCarthy & Binns, a mining engineering company with offices in London, England, produced a report for CGQMM and a map outlining a strike vein, which he had traced intermittently for 3,000 feet from Lowhee Creek using pits to determine its location and length. These two databases when combined support both interpretations that there is a strike vein or veins in the Wells trend. Drilling at the beginning of the season should help to determine if it is an extension of the BC vein. If drilling by the company can trace the BC vein/Bonanza ledge to Lowhee fault, the system will be shown to extend to 10,000 feet in length. Further diamond drilling on the Wells trend to the Jack of Clubs lake is required to confirm this continuity.