Midway Reports Assay Results Of 1.75 g/t Au Over 157 Metres At Spring Valley

Midway Gold Corp. (TSXV:MDW) reported additional positive drill results from Barrick Gold Exploration Inc, earning into Midway’s Spring Valley project in Nevada, including 1.75 g/t of gold over 157 metres.

As quoted in the press release:

* SV12-561c    157 meters of 1.75 grams per tonne (gpt) gold including
17.1 meters of 8.06 gpt
* SV12-565c    144.9 meters of 1.65 gpt gold including
1.5 meters of 113.52 gpt
* SV12-570     80.8 meters of 1.61 gpt gold including
1.5 meters of 45.60 gpt gold
* SV12-568     30.5 meters of 1.20 gpt gold including
1.5 meters of 8.33 gpt
13.7 meters of 5.38 gpt gold including
3.0 meters of 15.05 gpt
80.8 meters of 1.10 gpt gold including
1.5 meters of 5.21 gpt

Ken Brunk, Midway’s President and CEO, 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.

Click here to read the full press release.