Midway Gold Corp.
TSX VENTURE : MDW

Midway Gold Corp.

September 27, 2005 17:19 ET

Midway Drilling at Black Prince Project, Nevada

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 27, 2005) - Midway Gold Corp. (the "Company") (TSX VENTURE:MDW) is pleased to announce that drilling at the silver-gold Black Prince project, Lincoln County, Nevada is planned to begin early next week. The Black Prince project is an early stage high grade silver-gold vein target located in Highland District, near Pioche, Nevada. The project will drill ten holes to test the grade and width of five veins at depth identified by rock chip sampling and mapping. The surface exposures of the veins range in width from 2 m to 18 m with grades in excess of 5 g/t gold and 600 g/t silver, from select samples of the veins. Approximately 10 holes (1800m) are planned to test for supergene enrichment and/or bonanza grade at depth along the 7000 feet of strike of the veins. Drilling will be conducted by Layne Christensen Company of Chandler, Arizona.

Midway is currently exploring with three drills at the Spring Valley Project, in Lovelock, Nevada and recently completed a ten hole test at the Midway project, in Nye County, Nevada. Visible gold was observed on both projects. Assay results are pending.

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 of the creation of value for shareholders by exploring and developing high-grade, quality precious metal resources in stable mining areas. Details of Midway Gold's projects are available on the Company's website at www.midwaygold.com.

This release has been reviewed and approved by Company President and CEO Alan Branham (P.Geol.), a "qualified person" as that term is defined in National Instrument 43-101.

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 Toll Free: 1-877-692-8288 (US)
    www.midwaygold.com