Drill Hole 14B Intercepts 70.9 Meters (232.6 feet) of 10.7 g/T (0.311 oz/t) Gold, Including 38.7 Meters (126.9 feet) of 19.0 g/T
26 Oktober 2009 - 10:52AM
Marketwired
International Wayside Gold Mines Ltd. (TSX VENTURE: WYG)(FRANKFURT:
IWUB) ("Wayside", the "Company") announced today that it has
completed an 18 hole in-fill diamond drill program in the Bonanza
Ledge Zone at Barkerville Mountain, designed by Mintec Inc. Assay
results for drill holes BC09-10, BC09-13, BC09-14, BC09-14B
(partial: 92.2 of 203 meters have been assayed to date), BC09-15,
BC09-16 and BC09-17 were recently received (see Table 1).
Highlights of the drill results include:
Hole BC09-14B: 70.9 meters (232.6 feet) of 10.7 g/T (0.311 oz/t)
gold
- Including: 38.7 meters (126.9 feet) of 19.0 g/T (0.555 oz/t)
gold
- 92.2 meters (302.6 feet) - 203 meters (666.0 feet) Assay
Results Pending
Drilling of BC09-14B was recently completed to a depth of 203
meters (666.0 feet) and the core samples from pending assays were
split and sent to Eco Tech Laboratory Ltd. for analysis on October
24, 2009 and will be released when received. BC09-14B was drilled
50.5 meters (165.6 feet) southeast of BC09-12 which returned assays
of 84.4 meters (277 feet) of 16.5 g/T (0.481 oz/t) gold (see News
Release October 7, 2009). Assay results have been received to 92.2
meters (302.6 feet). BC09-14B marks the beginning of a new phase of
drilling targeting Bonanza Ledge mineralization at depth and below
the existing NI43-101 proven reserves, as reported in the Company's
Pre-feasibility study September 10, 2009 and filed on SEDAR October
23, 2009.
Drill hole BC09-14 was stopped at 87 feet in a fault zone which
required its re-drilling as BC09-14B. Drill hole BC09-14B was cased
to 21.3 meters (70 feet) and samples were not taken within the
cased portion of the hole.
J. Frank Callaghan, President and CEO stated, "We are excited to
start a new phase of drilling targeting Bonanza Ledge style
mineralization at depth, below the proposed Bonanza Ledge open pit
gold mine and along strike of the Bonanza Ledge trend. This next
phase of Bonanza Ledge drilling will begin as the Company's
consultants and geologists interpret the data gathered from the
infill drill program. The Company is currently drilling the Butts
Zone, 2 km northwest of the Bonanza Ledge in the Cariboo Gold
Quartz and Island Mountain mine trends".
TABLE 1: SUMMARY OF ASSAYS OF DDH BC09-10, 13 THROUGH 17
----------------------------------------------------------
# Drill Hole From To Width Gold
-----------------------------------------------
Feet Feet g/T Oz/t
-----------------------------------------------
-----------------------------------------------
62.4 87.0 24.6 3.58 0.104
-----------------------------------------------
1 BC09-10 Including
-----------------------------------------------
64.5 67.9 3.4 25.3 0.738
----------------------------------------------------------
2 BC09-13 127.0 235.4 108.4 0.45 0.013
----------------------------------------------------------
3 BC09-14 37.0 47.0 10.0 0.11 0.003
-----------------------------------------------
84.0 87.0 3.0 0.12 0.003
----------------------------------------------------------
4 BC09-14B 70.0 302.6 232.6 10.7 0.311
-----------------------------------------------
including
-----------------------------------------------
91.6 96.0 4.4 1.38 0.040
-----------------------------------------------
96.0 99.1 3.1 2.51 0.073
-----------------------------------------------
99.1 102.0 2.9 29.2 0.852
-----------------------------------------------
102.0 106.0 4.0 1.07 0.031
-----------------------------------------------
106.0 116.0 10.0 1.71 0.050
-----------------------------------------------
116.0 117.7 1.7 10.1 0.295
-----------------------------------------------
117.7 120.5 2.8 115 3.354
-----------------------------------------------
120.5 126.0 5.5 89.7 2.616
-----------------------------------------------
126.0 130.3 4.3 7.45 0.217
-----------------------------------------------
134.9 141.1 6.2 6.25 0.182
-----------------------------------------------
146.0 152.0 6.0 6.35 0.185
-----------------------------------------------
152.0 156.0 4.0 22 0.642
-----------------------------------------------
156.0 158.0 2.0 12.2 0.356
-----------------------------------------------
158.0 162.1 4.1 2.14 0.062
-----------------------------------------------
162.1 166.0 3.9 15.4 0.449
-----------------------------------------------
166.0 168.5 2.5 35.5 1.035
-----------------------------------------------
168.5 171.0 2.5 2.18 0.064
-----------------------------------------------
171.0 176.0 5.0 25.1 0.732
-----------------------------------------------
176.0 179.4 3.4 83.5 2.435
-----------------------------------------------
179.4 182.3 2.9 17.5 0.510
-----------------------------------------------
182.3 186.0 3.7 10.4 0.303
-----------------------------------------------
186.0 188.8 2.8 2.52 0.073
-----------------------------------------------
188.8 192.2 3.4 9.45 0.276
-----------------------------------------------
192.2 196.0 3.8 38.50 1.123
-----------------------------------------------
196.0 198.3 2.3 15.9 0.464
-----------------------------------------------
198.3 206.6 8.3 7.25 0.211
-----------------------------------------------
206.6 213.3 6.7 14.6 0.424
-----------------------------------------------
213.3 216.0 2.7 2.85 0.083
-----------------------------------------------
216.0 219.3 3.3 4.80 0.140
-----------------------------------------------
219.3 221.2 1.9 69.5 2.027
-----------------------------------------------
221.2 226.0 4.8 11.1 0.324
-----------------------------------------------
226.0 231.0 5.0 2.41 0.070
-----------------------------------------------
231.0 236.0 5.0 1.07 0.031
-----------------------------------------------
241.8 246.0 4.2 2.15 0.063
-----------------------------------------------
261.1 265.4 4.3 1.75 0.051
-----------------------------------------------
273.5 276.0 2.5 1.32 0.038
-----------------------------------------------
Pending Pending Pending Pending Pending
-----------------------------------------------
Pending Pending Pending Pending Pending
248.2 257.0 8.8 1.36 0.040
-----------------------------------------------
5 BC09-15
277.0 287.0 10.0 0.15 0.004
-----------------------------------------------
96.0 186.0 90.0 2.64 0.077
-----------------------------------------------
including
-----------------------------------------------
136.0 141.0 5.0 1.44 0.042
-----------------------------------------------
159.7 166.0 6.3 11.7 0.341
-----------------------------------------------
166.0 170.6 4.6 16.9 0.493
-----------------------------------------------
170.6 176.0 5.4 2.68 0.078
-----------------------------------------------
176.0 181.4 5.4 2.27 0.066
----------------------------------------------------------
6 BC09-16 181.4 186.0 4.6 6.25 0.182
-----------------------------------------------
223.8 239.4 15.6 1.58 0.046
-----------------------------------------------
including
-----------------------------------------------
223.8 228.4 4.6 2.24 0.065
-----------------------------------------------
228.4 239.4 11.0 2.22 0.065
-----------------------------------------------
389.1 425.2 36.1 0.20 0.006
-----------------------------------------------
496.0 500.0 4.0 0.10 0.003
-----------------------------------------------
559.8 566.0 6.2 0.10 0.003
-----------------------------------------------
7 BC09-17 137.0 167.0 30.0 0.20 0.006
-----------------------------------------------
173.8 178.5 4.7 0.10 0.003
-----------------------------------------------
The technical information in this News Release has been reviewed
and approved by Chief Geologist Jim Yin, PhD, P.Geo, a qualified
person as defined in National Instrument 43-101. The gold values
presented have been derived from assay data received from Eco Tech
Laboratory Ltd. in Kamloops, B.C., using fire assay with an AA
(atomic absorption) finish.
On Behalf of the Board of Directors,
J. Frank Callaghan, President, CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: International Wayside Gold Mines Ltd. Andrew H. Rees
Director 604 669-6463 or Toll Free: 1-800 663-9688 604 669-3041
(FAX) www.wayside-gold.com
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