The optimum estimation of the number, directions, and strengths of multiple point radio sources is considered when the mutual coherence function of the sources\´ radiation is spatially sampled at

baselines by a variable baseline correlation interferometer. The measurements are corrupted by the effects of additive background noise (including receiver noise) and a finite correlation time. Statistically approached, the problem is considered as a combination of parameter estimation and goodness of fit with the maximum likelihood (ML) principle being the basic criterion used. First the measurements\´ probability density function is derived, assuming the sources\´ number is known. Then the ML estimator (MLE) of the sources\´ parameters is obtained. The MLE\´s asymptotic optimum performance (unbiasedness with minimum variance) is then shown to be achieved when the number of measurements exceeds the number of sources by a threshold that is small (or zero) for most signal-to-noise ratios of interest. Next the number of sources is estimated according to a likelihood probability that measures the tenability of the MLE associated with every possible number of sources with respect to the measurements. The ML number-parameter estimation theory is then put into the form of an efficient algorithm which proves to be superior when compared to other processing methods such as Fourier maps.