WYG International Wayside Gold Mines New Com Npv

International Wayside Gold Mines Ltd. ("Wayside", the "Company") (TSX
VENTURE:WYG)(FRANKFURT:IWUB) wishes to report that they have been advised by
0373849 B.C. Ltd. (formerly Cross Lake Minerals Ltd.) that the Permit to Mine
has been granted to 0847423 B.C. Ltd. ("QR Subco") for the West Zone at the QR
Mine. In addition, a Pre-Feasibility Study (PFS), NI 43-101 compliant of the
West Zone at QR Mine and Mill has been delivered.


The QR Mine PFS, dated December 14, 2009, was carried out by EBA Engineering
Consultants Ltd. and several independent professionals and consultants. This
updated PFS states, "a positive economic benefit at current gold prices to
justify potentially reopening the QR Mine and Mill. Based on the constraints of
this study, EBA Engineering believes that this project is economically viable."
The PFS also recommends, "/given the current rise in gold prices and the
positive economic analysis on the QR Project, development and production is
recommended based on this study". A copy of this PFS has been filed by 0373849
BC Ltd. on SEDAR and it will also be available for viewing in Wayside's filings
upon completion of the QR Mine and Mill acquisition.


With the receipt of the Mining Permit and a positive PFS, the commencement of
mining is scheduled to begin at the QR Mine in February 2010 - initially
stockpiling ore ahead of recommencing milling operations at the 900 tonne/day QR
Mill. On December 16, 2009, the Company announced it had entered into an
agreement to purchase the QR Subco which holds the QR Mine and Mill and all
related assets from 0373849 BC Ltd. (see News Release 09-36) The acquisition is
scheduled to complete on or before February 1, 2010, subject to the execution of
definitive agreements and the approval of the TSX Venture Exchange.


About International Wayside Gold Mines

The Company has been developing its Cariboo Gold Project in Barkerville, B.C.,
which encompasses (from northwest to south east) the former producing
Hardscrabble Tungsten Mine, Mosquito Creek Gold Mine (now on care and
maintenance), Aurum Mine, Island Mountain Mine, Cariboo Gold Quartz Mine,
Bonanza Ledge (proposed mine), the Cariboo Thompson Gold & Silver Mine and the
Cariboo Hudson Mine. The Company commenced operations in the Cariboo District in
1994 and since that time has focused on the exploration and development of its
gold properties. The Company's mineral tenures in the Historic Barkerville Gold
Camp encompass approximately 1,065 square km (106,484 hectares) over a 60km by
20km wide belt. In the Historic Barkerville Gold Camp, 101 creeks have reported
placer gold production. Recorded gold production from the area totals more than
3.8 million ounces, including an estimated 2.64 million ounces from placer
mining and 1.23 million ounces from lode mining.


On Behalf of the Board of Directors

J. Frank Callaghan, President

This news release contains forward-looking statements regarding the timing and
content of upcoming programs. Actual results may differ materially from those
currently anticipated in such statements.

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