Midway Pours First Gold at Nevada-based Pan Mine

Gold Investing

Midway Gold Corp. (TSX:MDW,NYSEMKT:MDW) announced that on Thursday it completed the first gold pour at its Nevada-based Pan mine.

Midway Gold Corp. (TSX:MDW,NYSEMKT:MDW) announced that on Thursday it completed the first gold pour at its Nevada-based Pan mine. The company poured about 100 ounces while commissioning the refinery, but notes in its release that the first production-scale pour is still set for March 30, 2015.

The company alerted shareholders at the beginning of March that the milestone would be coming, also stating at the time that construction of the mine was about 93 percent complete.

Bill Zisch, president and CEO of Midway, commented:

Pouring of gold at the Pan Mine marks the beginning of a new chapter at Midway Gold. While we have had many hurdles to overcome during development and construction, our team has persevered and maintained a focus on initial gold production. I want to congratulate and thank our entire Midway team and those who have supported and been a part of this team, past and present, on this momentous accomplishment. It is the culmination of a great deal of work and individual commitments to Midway and the Pan Project.

Click here to read the full Midway Gold Corp. (TSX:MDW,NYSEMKT:MDW) press release.

Midway Gold Corp. is a Denver-based precious metals company with a vision to explore, design, build and operate gold mines in a manner accountable to all stakeholders while seeking returns for shareholders. Our three core projects are located in Nevada and include the newly producing Pan Mine, the Gold Rock project in federal permitting, and Spring Valley currently in pre-feasibility and joint-ventured with Barrick Exploration Inc.

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