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Gold/Mining/Energy : A Little Forum For Gold Microclusters -- Ignore unavailable to you. Want to Upgrade?

To: WLAVEL who wrote (135)	11/21/1998 3:46:00 PM
From: Little Joe	Respond to of 142

IWA CONTINUES TO RELEASE EXCELLENT DRILL RESULTS Little Joe INTERNATIONAL WAYSIDE GOLD MINES LTD. ("IWA-V;IWYGF-L") - More Assay Results 1200 Level J. Frank Callaghan, President of International Wayside Gold Mines Ltd. (the "Company") announces that Richard D. Hall, Ph.D., P.Eng. has reported to the Board of Directors of the Company assay results on the remaining 6 underground percussion drill holes of a 24 hole program completed during 1998 on the 1200 level (map enclosed) of Cariboo Gold Quartz mine at Wells, British Columbia. A total of 223 holes have been drilled by the Company, on Cow Mountain. An additional 147 surface holes were completed by previous operators between elevations of 4,000 and 4,900 feet on Cow Mountain. A mineral inventory calculation for Cow Mountain using the complete assay data base is in progress. Management believes that an opportunity exists for a combined open pit and underground mining operation. Drilling in the BC Vein and Butts area continues. Underground Percussion Drill Holes UP98-17 4661N 12059E Inclination 15 degrees Azmith 170 deg. Length 188 ft 15 degrees 170 degrees Interval Length ft. Assay g/t Assay oz/t 108 - 132 24 1.58 0.046 180 - 184 4 2.04 0.060 UP98-18 4661N 12057E Inclination 43 degrees Azimuth 170 deg. Length 200 ft Interval Length ft. Assay g/t Assay oz/t 4 - 9 4 1.09 0.030 32 - 36 4 1.18 0.034 68 - 72 4 1.28 0.037 80 - 88 8 1.47 0.043 112 - 120 8 2.67 0.078 188 - 200 12 1.21 0.035 UP98-19 4743N 12064E Inclination 15 degrees Azmith 164 deg. Length 40 ft Interval Length ft. Assay g/t Assay oz/t 0 - 4 4 27.60 0.805 UP98-20 4743N 12064E Inclination 17 degrees Azmith 164 deg. Length 216 ft Interval Length ft. Assay g/t Assay oz/t 48 - 68 20 3.19 0.093 96 - 120 24 1.42 0.041 UP98-21 4744N 12062E Inclination 45 degrees Azmith 164 deg. Length 152 ft For the intercept 48 feet-152 feet high assay results are cut to 17.143 g/t or 0.50 oz/t. Interval Length ft. Assay g/t Assay oz/t Assay Assay g/t Cut oz/t Cut 0 - 4 4 1.14 0.033 12 - 16 4 1.34 0.039 48 - 152 104 10.91 0.318 6.34 0.18 48 - 52 4 30.58 0.892 52 - 68 16 3.74 0.109 52 - 56 4 1.27 0.037 56 - 60 4 7.30 0.213 60 - 64 4 0.68 0.020 64 - 68 4 5.70 0.166 68 - 72 4 0.09 0.002 72 - 76 4 0.06 0.002 76 - 80 4 0.11 0.003 80 - 84 4 0.34 0.010 84 - 88 4 0.37 0.011 88 - 112 24 6.75 0.197 88 - 92 4 5.01 0.146 92 - 96 4 8.64 0.252 96 - 100 4 17.69 0.516 100 - 104 4 5.72 0.167 104 - 108 4 2.40 0.070 108 - 112 4 1.04 0.030 112 - 116 4 0.91 0.026 116 - 120 4 0.32 0.009 120 - 124 4 1.02 0.030 124 - 128 4 0.30 0.009 128 - 148 20 38.48 1.122 128 - 132 4 30.45 0.888 132 - 136 4 23.49 0.685 136 - 140 4 44.61 1.301 140 - 144 4 20.06 0.585 144 - 148 4 73.78 2.152 148 - 152 4 1.81 0.053 UP98-22 5005 N 11767E Inclination 40 degrees Azmith 163 deg. Length 208 ft Interval Length ft. Assay g/t Assay oz/t 44 - 48 4 2.98 0.087 UP98-23 5010N 11587E Inclination 40 degrees Azmith 341 deg. Length 172 ft no significant intercepts UP98-24 5011N 11435E Inclination 40 degrees Azmith 163 deg. Length 116 ft Interval Length ft. Assay g/t Assay oz/t 48 - 64 16 45.30 1.321 48 - 52 4 7.66 0.223 52 - 56 4 138.00 4.025 56 - 60 4 20.30 0.592 60 - 64 4 15.20 0.443 The Cariboo Gold Project consists of 9,000 acres which produced about two million ounces of gold, including 1.3 million ounces from placers and 626,755 ounces from the cariboo Gold Quartz Mine. Work will continue throughout the winter months. Map available from the Company. TEL: (604) 669-6463 J. Frank Callaghan, President FAX: (604) 669-3041 1-800-663-9688 North America Toll Free EMAIL: info@wayside-gold.com INET: www.wayside-gold.com _____________________________________

To: WLAVEL who wrote (135)	11/21/1998 8:04:00 PM
From: JACK R. SMITH JR.	Respond to of 142

WL, Mia Culpa, I have been very mean to Chucka in the past! We were virtual enemies at one time. He has helped me on a few occasions when my computer had trouble, and I advised him on a couple of issues and we have grown to know more about each other. You might as well know that I have had words with Richard M., and many others in the past. Laser and Thall are not the first to disagree with me, nor perhaps the last. I take a view and defend it and if I am wrong, then I am wrong. The $7000 per ton comes from a study done by Mike Thomas for GPGI on the Oro Grande and refers to "reduced iron complexes". Those are a portion of the deposit only. My thought was that they should be magnetically retrievable, and the person posting on this thread at the time agreed. I would think that his past posts here would make interesting reading for you! Jack!