DENVER - Midway Gold Corp. has received Barrick Gold Exploration Inc.'s 2014 budget for Spring Valley, Pershing County, Nevada. The budget includes $8.3 Million for project development and $5 Million for exploration for a total of $13.3 Million in planned expenditures in 2014. Ken Brunk, President and CEO of Midway stated, "This budget reflects an approval to advance the project to the prefeasibility stage and to advance more studies related to development. Barrick has mobilized one R/C drill rig as well as 2 core rigs to Spring Valley for further in-fill drilling primarily focused on upgrading the categories of the resource."
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