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WYG International Wayside Gold Mines New Com Npv

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Share Name Share Symbol Market Type
International Wayside Gold Mines New Com Npv TSXV:WYG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

International Wayside Gold Mines to Change Name to Barkerville Gold Mines Ltd.

20/01/2010 2:27pm

Marketwired Canada


International Wayside Gold Mines Ltd. ("Wayside", the "Company") (TSX
VENTURE:WYG)(FRANKFURT:IWUB) announced today that effective Thursday, January
21, 2010, the Company will change its name to Barkerville Gold Mines Ltd. The
Company's shares will trade under the stock symbol "BGM" on the TSX Venture
Exchange.


J. Frank Callaghan, President and CEO, states, "The new name is reflective of
the rich history of gold production in the area and the evolution of the Company
as it moves towards production. The Company is entering a new era and the Board
of Directors felt that a new name would better represent the Company."


Barkerville Gold Mines Ltd. is the result of the amalgamation of the assets of
four public companies, including the recently announced agreement to purchase
the QR Mine and Mill. As announced on January 11, 2010, a Permit to Mine has
been granted for the West Zone at the QR Mine, with mining operations scheduled
to commence in February of 2010, upon closing of the acquisition.


About International Wayside Gold Mines

The Company has been developing its Cariboo Gold Project near 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 has focused on the exploration and development of its gold properties.
The Company's mineral tenure in the historic Barkerville Gold Camp encompasses
approximately 1,065 square km (106,484 hectares) over a 60km by 20km wide belt,
where 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
December 16, 2009, the Company entered into an agreement by which it will
acquire the QR Mine and Mill, 110km by road from its proposed Bonanza Ledge open
pit gold mine.


On Behalf of the Board of Directors

J. Frank Callaghan, President

1 Year International Wayside Gold Mines New Com Npv Chart

1 Year International Wayside Gold Mines New Com Npv Chart

1 Month International Wayside Gold Mines New Com Npv Chart

1 Month International Wayside Gold Mines New Com Npv Chart

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