Midway Gold Corp.
TSX VENTURE : MDW

Midway Gold Corp.

November 30, 2006 12:10 ET

Midway Gold Corp.: Appointment of Key Corporate Positions

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 30, 2006) - Midway Gold Corp. (the "Company") (TSX VENTURE:MDW) is pleased to announce the appointment of Doris Meyer as Chief Financial Officer and Corporate Secretary effective November 30, 2006.

Doris Meyer is well experienced in the mining industry and is a Member of the Association of the Certified General Accountants of British Columbia and Canada. She brings to the Company her experience as Vice President, Finance of Queenstake Resources Ltd., a Canadian gold mining company, from 1985 to 2003 and it's Corporate Secretary until 2004. While at Queenstake she took part in or led negotiations of joint venture and purchase agreements, equity financings, debt financings and capital acquisitions. In 1996 Mrs. Meyer formed Golden Oak Corporate Services Ltd. and she acts as Chief Financial Officer and/or Corporate Secretary of several publicly traded mining companies and her company provides those clients with administrative, accounting and compliance services.

Mr. James Mackie of Golden Oak Corporate Services Ltd. will be appointed to the new position of Controller of the Company.

Mr. Peter Miller has resigned as Chief Financial. Sandra Lee has resigned as Corporate Secretary. The Company thanks both Mr. Miller and Ms. Lee for their help and service as CFO and Secretary, which has helped advance Midway to its current success.

The Directors have granted stock options on 140,000 shares of the Company's capital stock, exercisable for up to five years at a price of $2.70 per share pursuant to the Company's Stock Option Plan. The options granted will be subject to any applicable regulatory hold periods.

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.

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