Midway Completes Gold Rock Plan Of Operations

DENVER, CO - Midway Gold Corp. reported completion and filing of a Plan of Operations (PoO) for the Company's second project, Gold Rock. The PoO for Gold Rock, submitted to the Bureau of Land Management (BLM) on March 21st, 2013, has been accepted as complete, and officially begins the project's Environmental Impact Statement (EIS) process. Gold Rock is scheduled to be the Company's second operating gold mine and is currently targeted for production in 2016.

Ken Brunk, Midway's President & CEO, stated, We are moving forward at Midway. We are building a mining company. Initiating the permit process at Gold Rock is part of our strategy of developing a pipeline of projects leading to future production. We want to leverage the experience gained from permitting the Pan project along with the relationship we've developed with the Ely BLM office. Our first priority remains getting our Pan project into production near term. We are positioning Gold Rock to be our next mine after Pan.

Gold Rock, 8 km southeast of Midway's Pan project, appears to contain similar host rocks and styles of gold mineralization. The Gold Rock project is a Carlin-style gold deposit and the resource is open in all directions. Drill results from 2012-13 drilling will be incorporated into a new resource update later this year. There is considerable expansion potential with numerous exploration targets along a 12 km, favorably mineralized trend.

The Company expects the Gold Rock Mine will be similar to the planned operations at Pan. The Pan project is currently in an advanced stage of permitting and a Record of Decision from the BLM is expected in the fourth quarter of 2013. Pan will be a shallow open pit, heap leach mine in White Pine County, Nevada. Once in operation, Pan is projected to employ about 150 workers. The Pan project, scheduled to be the Company's first operating mine is targeted for production in mid-2014. Pan's draft EIS was published by the BLM on March 22nd.