Midway Continues to Expand Gold Zones at Pan

VANCOUVER, BC - Midway Gold Corp reported that drilling on the Pan Project continues to expand gold mineralization at both the Wendy and Nana gold zones.
"Pan drilling continues to provide significant improvements to this near surface oxide deposit. Expanded gold mineralization at Wendy and Nana, coupled with confirmation drilling results and a high grade (greater than 0.100 opt gold) zone reported earlier at North Pan continue to upgrade and expand the gold deposits on this project," notes Alan Branham, President and CEO of Midway Gold Corp.
Drilling results at Wendy continued to expand near surface oxide mineralization to the west towards South Pan and to the east. This zone now measures 1,650 feet along strike and 300 feet wide, and remains open to the east (where it is covered by volcanics) west, north, and down dip. Significant results from the Wendy Zone include PN08-19, which intersected 75 feet of 0.020 opt gold, PN08-20 returned 65 feet of 0.046 opt gold, and PN08-21 returned 85 feet of 0.013 opt gold.
Step-out drilling in the Nana Zone continued to encounter gold mineralization, building upon the success of the 2007 program. Outcropping mineralization is in northeast-trending anticline, and remains open in all directions. Significant results include PN08-32 which encountered 50 feet of 0.015 opt, PN08-36 encountered 35 feet of 0.028 opt, and PN08-38 encountered 15 feet of 0.053 opt.
The 2008 Pan drilling program completed 26,245 feet in 49 reverse circulation holes. Drilling was focused on grade confirmation at both North and South Pan, step out drilling at Nana and Wendy, and exploration drill testing at the Neverland, Island, and Lily targets. Confirmation drilling results indicate that historic drilling appears to be under estimating overall grade and thickness at the project.
Exploration drilling on the 17 square mile project area continued during 2008. Efforts at the Neverland and Island targets returned no significant results. Work on the Lily target has identified a large intrusive body with no previous drill testing. Limited drill testing of the northwest corner provided no significant results. Surface mapping and sampling of the target will continue through the end of 2008.
The company's address is 600 Lola Street, Suite 10, Helena, MT 59601, (406) 475-9595, fax: (406) 475-9596, email: [email protected].

Midway Continues to Expand Gold Zones at Pan

VANCOUVER, BC - Midway Gold Corp reported that drilling on the Pan Project continues to expand gold mineralization at both the Wendy and Nana gold zones.
"Pan drilling continues to provide significant improvements to this near surface oxide deposit. Expanded gold mineralization at Wendy and Nana, coupled with confirmation drilling results and a high grade (greater than 0.100 opt gold) zone reported earlier at North Pan continue to upgrade and expand the gold deposits on this project," notes Alan Branham, President and CEO of Midway Gold Corp.
Drilling results at Wendy continued to expand near surface oxide mineralization to the west towards South Pan and to the east. This zone now measures 1,650 feet along strike and 300 feet wide, and remains open to the east (where it is covered by volcanics) west, north, and down dip. Significant results from the Wendy Zone include PN08-19, which intersected 75 feet of 0.020 opt gold, PN08-20 returned 65 feet of 0.046 opt gold, and PN08-21 returned 85 feet of 0.013 opt gold.
Step-out drilling in the Nana Zone continued to encounter gold mineralization, building upon the success of the 2007 program. Outcropping mineralization is in northeast-trending anticline, and remains open in all directions. Significant results include PN08-32 which encountered 50 feet of 0.015 opt, PN08-36 encountered 35 feet of 0.028 opt, and PN08-38 encountered 15 feet of 0.053 opt.
The 2008 Pan drilling program completed 26,245 feet in 49 reverse circulation holes. Drilling was focused on grade confirmation at both North and South Pan, step out drilling at Nana and Wendy, and exploration drill testing at the Neverland, Island, and Lily targets. Confirmation drilling results indicate that historic drilling appears to be under estimating overall grade and thickness at the project.
Exploration drilling on the 17 square mile project area continued during 2008. Efforts at the Neverland and Island targets returned no significant results. Work on the Lily target has identified a large intrusive body with no previous drill testing. Limited drill testing of the northwest corner provided no significant results. Surface mapping and sampling of the target will continue through the end of 2008.
The company's address is 600 Lola Street, Suite 10, Helena, MT 59601, (406) 475-9595, fax: (406) 475-9596, email: [email protected].