Monday 26th June 2017

Resource Clips

Midway, Barrick report NV Gold Assays up to 1.75 g/t over 157.6m, 1.65 g/t over 144.9m

Resource Clips - essential news on junior gold mining and junior silver miningMidway Gold Corp TSXV:MDW in joint venture with Barrick Gold Exploration Inc TSX:ABX announced results from their Spring Valley Project in Nevada. Highlights include

1.94 grams per tonne gold over 26 metres
(including 5.74 g/t over 2 metres)
1.12 g/t over 12 metres
1.4 g/t over 36 metres
(including 7.33 g/t over 1 metre)
2.09 g/t over 12 metres
(including 4.98 g/t over 3 metres)
4.89 g/t over 13 metres
(including 25.1 g/t over 1.5 metres)
1.88 g/t over 16 metres
(including 6.22 g/t over 1 metre)
1.02 g/t over 6 metres
2.13 g/t over 5 metres

Barrick can earn a 60% interest in the project by spending US$30 million before December 31, 2013. Barrick plans to spend US$7 million this year, for a total of US$16 million by December 31, 2011.

Midway President/CEO Ken Brunk commented, “We are very pleased with Barrick’s continued progress at our Spring Valley project. The exploration phase of this year’s program continues to show growth potential, particularly in the north, as well as identifying new targets. Emphasis is now shifting to complete this year’s project development program in support of an initial economic evaluation. Barrick continues to fund its earn-in requirement ahead of schedule.”

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Midway Gold Corp

Barrick Gold Exploration Inc

by Kevin Michael Grace

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