Midway Gold Corp.
TSX VENTURE : MDW

Midway Gold Corp.

March 22, 2006 11:03 ET

Midway Announces Vic Chevillon Added to Exploration Team

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 22, 2006) - Midway Gold Corp. (the "Company") (TSX VENTURE:MDW) is pleased to announce that Vic Chevillon of Chevillon Exploration Consulting has been retained as Senior Consultant principally to help advance the exploration at the Spring Valley and Midway Gold Projects, in Nevada. Most recently Mr. Chevillon was Senior Geologist, overseeing Americas Business Development for Placer Dome. He has monitored the Midway and Spring Valley projects during his tenure at Placer Dome and is an important addition to our group.

Mr. Chevillon brings 34 years of exploration experience to Midway Gold. He has experience and expertise in porphyry and Nevada gold systems and has had key involvement in three discoveries to his credit. He utilizes leading edge GoCad 3D software, to integrate and interpret large and complex exploration datasets. Unique data visualization features of GoCad promote collaboration among the exploration team and enable diverse geological, geochemical and geophysical information to be viewed and modeled concurrently. This integrated approach can reveal correlations of known gold with other features to improve projections, target definition, and exploration results.

He joins a seasoned, successful team at Midway Gold including: Mr. Bill Neal M.Sc. (30 years of exploration experience in the Americas, former VP of exploration for Hanover Gold), and Mr. Craig Stiles M.Sc. CPG. (32 years experience, former exploration manager for Battle Mountain Gold, involved with three gold discoveries), and Preston L. Hafen, (35 years of experience, former exploration manager for Anaconda). Advancements at the Midway project have recently been made by Paul Tietz, a senior geologist that had key involvement of the Chimney Creek discovery by Goldfields Mining. In addition, the group is directed by Midway's President and CEO, Alan Branham, who was involved with three gold discoveries, while working for 20 years with Newmont Mining. This group gives Midway the experience and depth to quickly develop and advancing new discoveries.

Last year the Midway team was one of the top exploration groups in Nevada, by drill testing four projects (158 holes for over 16,000 meters). This resulted in three new gold discoveries and significantly growth at the Midway and Spring Valley projects. This successful exploration effort is developed through a careful, creative and descriptive geologic approach, which has advanced the geologic understanding of gold controls at both projects.

"Spring Valley and Midway in my view, are exceptional quality, mid-stage Nevada gold exploration projects, both of which I believe, have untested, significant district-scale, upside potential. The high grade characteristics that are emerging in portions of the deposits at both projects are excellent evidence of the strengths of the respective gold mineralization systems. My goal at Midway Gold Corporation is to support and expand the careful and successful exploration that has gone on, and help define and test the upside potential at both projects as soon as we can. It is a rare privilege to be with Midway Gold at this time, in this capacity," says Vic Chevillon.

Alan Branham, President and CEO states, "We believe that we can better advance both the Spring Valley and Midway projects by adding to the geologic framework that our people have created, by using this new state of the art 3D technology. Our aim is to more quickly explore the potential of both projects and make additional gold discoveries. We welcome Mr. Chevillon to our group and look forward to the increased value that his energy, experience, and insight that he will contribute to Midway Gold."

Details of Midway Gold's projects are available on the Company's website at www.midwaygold.com.

Midway Gold Corp. is a precious metals exploration company, listed as a Tier 1 issuer on the TSX Venture Exchange under the symbol "MDW". Midway focuses on the creation of value for shareholders by exploring and developing high-grade, quality precious metal resources in stable mining areas.

ON BEHALF OF THE BOARD

Alan Branham, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Midway Gold Corp.
    Ron Cooper
    (604) 986-0112 (Canada) or 1-877-692-8288 (US Toll Free)
    www.midwaygold.com