Midas Gold today announced its work plans for the remainder of 2012, including up to 40,000m of additional drilling, beyond the 17,000m completed in Phase I of the 2012 program. This Phase II work plan is focused on (1) continued infill and step-out drilling on the three main deposits that comprise the current mineral resources, which all remain open to expansion, (2) completion of a preliminary economic assessment [...]
Midas Gold today announced the first of three planned independent NI 43-101 mineral resource estimates for its Golden Meadows Project in Idaho. Gold contained in indicated mineral resources for the West End deposit has increased 32% from the previously reported estimate, while the gold contained in inferred mineral resources has increased 61% (to 0.61 million oz). A total of 71% of the resource ounces are in the indicated [...]
Midas today announced the results of its first annual general meeting as a public company, at which all of the directors were re-elected and all resolutions were passed. Chairman, Peter Nixon, and President and CEO, Stephen Quin, provided the meeting with an overview of the company's progress over the past 12 months, where a number of significant milestones have been achieved corporately and at Midas Gold's Golden Meadows [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/08/12 -- Midas Gold Corp. (TSX: MAX) is pleased to announce that Stephen Quin, President and CEO of Midas Gold, last night accepted the Selwyn G. Blaylock Medal, which is awarded by the Canadian Institute of Mining Metallurgy and Petroleum (CIM). Stephen was awarded this medal in recognition of a career dedicated to the responsible and sustainable advancement and [...]
Midas Gold today announced additional assay results from its continuing drilling campaign at its Golden Meadows Project in the Stibnite-Yellow Pine District, Idaho. Drilling at both Hangar Flats and Yellow Pine intersected strong gold-silver-antimony-tungsten mineralization over significant intervals beneath or adjacent to the limits of conceptual pits used to constrain prior mineral resource estimates.
Hole MGI-12-198 intersects 13.7m grading 2.01% Sb and 16.8m grading 1.69 g/t Au, 0.91% SbHole MGI-12-202 intersects 30.5m grading 1.17g/t Au, 0.27% Sb and 47.3m grading 1.39 g/t Au, 0.09% SbVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/25/12 -- Midas Gold Corp. (TSX: MAX) today announced assay results from two exploration holes drilled at the Scout Prospect on its Golden Meadows Project in the Stibnite-Yellow Pine [...]
Midas today announced an interim update from metallurgical testing on samples from its Golden Meadows Project in the Stibnite-Yellow Pine District, Idaho. These results, which include tests on a variety of mineralized samples from each of the three mineral deposits comprising the Golden Meadows Project, confirm that conventional, low-risk metallurgical approaches achieve excellent results.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/10/12 -- Midas Gold Corp. (TSX: MAX) -
-- Hole MGI-12-199 intersects 92.7m of 2.90g/t Au at Yellow Pine -- Hole MGI-12-205 intersects 38.1m of 4.37g/t Au at Yellow Pine -- Hole MGI-12-164 intersects 18m of 3.46g/t Au and 44.0m of 3.50 g/t Au, 17g/t Ag and 1.8% Sb at Hangar Flats -- Hole MGI-12-192 intersects 15.8m of 4.15g/t Au, 21.0m of 1.00g/t Au and [...]
Midas Gold announces that it has received a receipt for its final short-form prospectus which qualifies the distribution, in the provinces of British Columbia, Alberta, Ontario and New Brunswick, of 9,085,000 common shares of Midas Gold on the deemed exercise of 9,085,000 special warrants (the "Special Warrants") which will occur effective March 14, 2012. The Company previously announced the closing of this private [...]
Midas Gold Corp. today announced additional assay results from its ongoing core and reverse circulation drilling program on its Golden Meadows Project in the Stibnite-Yellow Pine District, Idaho. Results include infill and extensions to the Hangar Flats and Yellow Pine deposits, with continued progress in both confirming and expanding previously defined mineralization
Midas Gold today announced that it has completed the previously announced private placement financing of a total of 9,085,000 special warrants of the Company at a price of C$4.45 for aggregate gross proceeds of C$40,428,250. The Offering includes 7,900,000 Special Warrants and the exercised over-allotment option (the “Over-Allotment Option“) to purchase an additional 1,185,000 Special Warrants of the Company. The [...]
Midas Gold Corp. today announced further assay results from its ongoing exploration and definition core and reverse circulation (“RC“) drilling program on the Hangar Flats and Yellow Pine deposits at its Golden Meadows Project, Idaho. Previously reported 2011 assay results can be reviewed on the Corporation's web site. Newly received results are summarized in Table 1, below, and highlight the discovery of new areas of [...]
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