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. Mineral tenures in the Historic Cariboo Goldfields encompass approximately 1,065 square km (106,484 hectares) over a 60 km long by 20 km wide belt. In the 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.

International Wayside Gold Mines has recently consolidated the Cariboo Goldfields by acquiring the contiguous projects of Lions Gate Energy Inc. and Golden Cariboo Resources Ltd. The Cariboo Gold Project now 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.

On February 4th, 2009, International Wayside announced it had entered into a non-binding agreement in principle with Cross Lake Minerals to acquire a subsidiary of Cross Lake, holding all of Cross Lake's interest in the QR Mine and Mill.

The 900-tonne-per-day QR mill, which was fully operational until February, 2009 (now on care and maintenance), is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is located 110 kilometres by road from Wayside's Cariboo gold project and proposed Bonanza Ledge mine. Following a positive feasibility study in 1994, Kinross Gold Corp. constructed the QR mill with capital costs estimated at over $40-million.

Cross Lake commenced operations at the QR Mine in 2007, after spending over $34-million in the preceding 24 months on project acquisition ($4.3-million), exploration and development ($20-million) and refurbishing the mill facilities ($10.3-million). Cross Lake expended an additional $3-million on asset retirement obligations, including having BC Hydro bring three-phase power to the project. It is Wayside's objective to process material from its proposed Bonanza Ledge mine (subject to receipt of all necessary permits) at the QR mill, in addition to recommencing operations at the QR mine.

The Company is currently working to delineate multi-million ounce gold resources across the trend, further consolidate mineral tenure, and begin production at the proposed Bonanza Ledge open pit mine and recommence production at the QR Mine. To date, the Company has completed more than 50,000m of drilling and while the Company continues to augment and refine the geological model, large areas have never been explored.

	Jun 29, 2009   News   $3,000,000 Non-Brokered Private Placement   more>>
	Jun 24, 2009   News   NI 43-101 Report Filed on Recently Acquired Caribo...   more>>
	Jun 17, 2009   News   Completion Schedule on Proposed QR Mine & Mill Acq...   more>>
	Jun 03, 2009   News   Corporate Update on Proposed QR Mine & Mill Acquis...   more>>
	May 28, 2009   News   Court Approves Cross Lake Plan of Arrangement Incl...   more>>
	May 26, 2009   Corporate Presentations & Reports   Corporate Presentation   more>>
	May 19, 2009   News   May 25, 2009 Court Date Set for Order to Approve P...   more>>
	May 12, 2009   News   Update on QR Mine and Mill Proposed Acquisition   more>>
	Apr 29, 2009   News   International Wayside Appoints Chief Financial Off...   more>>
	Apr 09, 2009   News   Cariboo Gold Camp Consolidation Completed and Upda...   more>>