Wayside Completes 17 Hole Diamond Drill Program, Additional Hole in Progress

International Wayside Gold Mines Ltd. (TSX VENTURE:WYG)(FRANKFURT:IWUB)
("Wayside", the "Company") announced today that the Company's 17 hole infill
diamond drill program at the Bonanza Ledge Zone is complete. An additional hole,
"14-b" is in progress. Examination of the results received from holes drilled to
date (e.g. BC09-12, 84.4m (277.0 feet) of 16.5 g/T (0.481 oz/t) Au Including
37.5m (123.1 feet) of 36.1 g/T (1.052 oz/t) Au, see News Release October 7,
2009), identify that deeper diamond drilling at the Bonanza Ledge Zone is
necessary in order to have a better understanding of the resource at depth.


President and CEO J. Frank Callaghan stated, "Management is very pleased with
the results received thus far from the first phase of drilling at the Bonanza
Ledge Zone. Company consultants Mintec Inc. along with Company geologists will
interpret phase one data and plan a phase two Bonanza Ledge drill program
designed to expand the resource beneath the known mineralization as it is
currently defined."


The infill diamond drill program in the Bonanza Ledge Zone is expected to
upgrade its existing NI 43-101 resources from inferred to indicated and measured
categories. The drill program (including drill hole locations) was designed by
Mintec Inc. ("Mintec"), which produced the Company's initial resources and
reserve estimates as reported in the Company's positive Pre-Feasibility Study at
the Bonanza Ledge Gold Project (see News Release September 10, 2009). Mintec
will use this new data gathered in this drill program together with pervious
drilling, for geologic modeling, exploration, mine planning and ultimately mine
development.


To date, 17drill holes have been completed with BC09-01 to BC09-05, BC09-07 to
BC09-09, BC09-11 and BC09-12 returning promising intercepts containing gold
mineralization (see News Releases September 17, October 5 and October 7, 2009).
Results from the remaining drill holes in the infill program are forthcoming.
The program as last reported (see News Release October 07, 2009) was scheduled
for 17 holes and has increased by one hole due to the loss of hole 14 in a fault
zone. The 18th hole in the program is identified as "14-b".


Additionally, the Company has completed diamond drilling an 8 hole, underground
water monitoring well program for the proposed Bonanza Ledge open pit gold mine.
Two of the water well holes unexpectedly cut into both quartz vein and weak
pyrite replacement mineralization zones. Core samples have been sent to Eco Tech
Laboratory Ltd. in Kamloops, B.C., for analysis.


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 Cariboo Gold Camp 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.


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.


On Behalf of the Board of Directors

J. Frank Callaghan, President