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International Wayside Gold Mines Ltd. Announces Vice-President of Exploration Joins Cariboo Gold Project.


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 26, 2004

The Board of Directors of International Wayside Gold Mines Ltd (the Company) (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:IWA IWA International Water Association
IWA International Webmasters Association
IWA Inland Waterways Association (UK)
IWA International Windsurfing Association
IWA Williams-Gateway Airport
) is pleased to announce that Michael G. Rasmussen, Ph.D., is joining the Company as Vice-President for Exploration. After earning his doctorate at the University of Washington, Dr. Rasmussen spent 11 years in gold exploration first as Project Geologist, then as Senior Exploration Geologist for Echo Bay Mines Ltd., and more recently, for Kinross Gold Kinross Gold Corporation (TSX: K, NYSE: KGC) is a Canadian gold mining company. It is the seventh largest primary gold producer in the world.[1] See also
  • Gold as an investment
  • Gold mining
References

1. ^ Kinross Gold.
 Corporation. He is credited with playing a key role in the discovery of the Emanuel Creek epithermal gold-quartz vein, currently in production, and the Emanuel North vein, currently under exploration. Both are operated by the Kettle River Ket·tle River  

A river, about 257 km (160 mi) long, of southern British Columbia, Canada, and northeast Washington flowing generally southward to the Columbia River.
 Operations division of Kinross Gold Corporation.

Dr. Rasmussen will head up a team of seven experienced geologists dedicated to exploration in the Wells-Barkerville district where International Wayside has assembled a 176 km2 land package centered on a geological horizon Noun 1. geological horizon - a layer of rock with a particular composition (especially of fossils); for dating the stratum
horizon - a specific layer or stratum of soil or subsoil in a vertical cross section of land
 from which over 3.8 million ounces of gold have been produced historically. Dr. Rasmussen is optimistic about the 2004 exploration season in the Wells-Barkerville district. "When you put good people in a proven district with strong funding, you have the formula for success. A great foundation has been established by recent efforts related to Bonanza Ledge, and I rate our chances for significant discovery in the district this season as excellent."

On behalf of the Board of Directors,

J. Frank Callaghan

President and Chief Executive Officer

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. The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has neither approved nor disapproved of the information contained herein.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:May 26, 2004
Words:283
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