Midway Gold Corporation Midway Gold Corporation Midway Gold Corporation Midway Gold Corporation
Midway Gold Corporation Midway Gold Corporation
  TSX.V NYSE.A
Date: 02-03-2012 02-03-2012
Last: 2.01 2.01
High: 2.02 2.05
Low: 2.00 2.00
Change: -0.04 -0.02
Volume:  2500  601480
15-20 min delay
Midway Gold Corporation
Midway Gold Corporation Midway Gold Corporation
Projects

Show printable version of 'Gold Rock Project' item in a New Window
Email 'Gold Rock Project' item to a friend
Midway Gold Corporation Midway Gold Corporation

Gold Rock Project

The Gold Rock Project
White Pine County, Nevada


The Gold Rock property is situated in the eastern Pancake Range in western White Pine County, Nevada. The property is 8 miles southeast of the Company's Pan project. Access is via the Green Springs road from US Highway 50 approximately 65 miles from Ely, Nevada.

Gold Rock is a sediment-hosted gold system in highly prospective host rocks within a 14 square mile land position along the Battle Mountain-Eureka gold trend. Gold was mined at the Easy Junior pit from Mississippian marine siltstone and limestone of the Joanna and Chainman Formations. Additional gold anomalies occur in the Devonian-Mississippian Pilot and Devils Gate Formations, the same host rocks as found at the nearby Pan project. These potential host rocks are exposed for 6 miles of strike length and may have been repeated by east verging thrust faulting. Exposures in the Easy Junior pit wall show mineralization is associated with the crest of a tight anticline cut by a high angle reverse fault. Gold is associated with silicification and argillic alteration of the host rocks along the structure. Historic drill data suggests additional folds and thrust faulting around and along strike of the pit.

Exploration work by Midway to date has primarily been data compilation and surface exploration. Data compilation has included drill hole data, rock and soil geochemical data, geologic mapping, and geophysical surveys generated by previous exploration companies. Midway has generated new geology and alteration mapping and additional rock and soil sampling. A gravity survey was conducted over the property position. The new and old data are being evaluated to generate exploration targets for future drilling.

See Press Releases for the latest on the Gold Rock Project  

Midway Gold Corporation
Midway Gold Corporation