Midway Gold Corp. is an emerging gold producer on track to bring its first million-ounce project to production in 2014. The company’s core assets are focused in Nevada, a prolific gold producer and a stable mining jurisdiction. Midway’s management team has extensive experience finding, building, and operating mines in Nevada. Midway’s first mine will be a simple, open pit/heap leach project with low capital costs and robust economics. Permitting was completed in December 2013 and construction is in progress.
Midway has a portfolio of properties in various stages of development cumulatively totalling over 5 million ounces in M&I resource. Barrick Gold is Midway's JV partner at the multi-million ounce Spring Valley project. Their earn-in to a 70% interest was confirmed in February 2014 and continue to further develop the deposit toward production.
Midway focuses on Projects that are simple, manageable and financeable.