5 Million dollars Exploration Program Commences At Spring Valley

摘要

VANCOUVER - Midway Gold Corp. reported that Barrick Gold Exploration Inc. has commenced its 2010 drilling program at the Company's Spring Valley project in Pershing County. Nevada. Barrick has approved a budget of 5,000,000 US dollars and a program to include both reverse circulation and core drilling. The focus of the program for 2010 will be continued expansion of the gold resource. Drilling is expected to last through the summer. "We are pleased that Barrick has demonstrated their commitment to the Spring Valley project, for a second year. Barrick has reported completion of the 4 Million US dollars program for 2009 with 34 holes that had positive assay and metallurgical test results," said Alan Branham, President and COO of Midway Gold Corp. "A successful 2010 program could continue to add significantly to the underlying resource base, which would add value from the project for both Midway and Barrick."