Midway Gold hits AMEX

Midway Gold Corp is listing on the American Stock Exchange (AMEX) and is tentatively scheduled to begin trading at the opening of the market today. The Company is expected to trade on AMEX under the symbol MDW, and continues to trade on the TSX Venture Exchange under the symbol MDW.

Midway President and CEO Alan Branham said, “With our growing US shareholder base and our focus on discovery and development of new gold resources in Nevada, a US listing is very important.”

Midway is a precious metals exploration and resource development company that focuses on high-grade gold and silver projects, with large growth potential, simple metallurgy, environmentally friendly deposits, that are within politically stable regions. Midway is aggressively exploring in Nevada, which has resulted in three major gold discoveries that are moving to advanced stage exploration and development. This past year, Barrick Gold has participated in equity placements in the company of over $10 million, funding one of the more aggressive drill programs in Nevada. The Company controls over 155 km2 of mineral rights, along four of the major gold trends, in seven project areas. With these new discoveries and current projects Midway plans to create a pipeline of gold resources in Nevada.

Midway has a full itinerary planned for 2008. Permitting is currently underway for an exploration decline at its Midway project, in Nye County, Nevada. This will give access to high grade portions of 22 bonanza gold veins and allow a bulk sample. Gold recovered from the bulk sample is planned to offset the cost of the decline. A new NI 43-101 resource update for the Spring Valley project is currently in progress, taking into account 165 new drill holes. Results are expected to be announced in early 2008. In addition, the company’s Pan project near Eureka, Nevada continues to expand with five gold zones newly discovered in 2007. Six drill rigs have been committed to ensuring the potential of another year of aggressive growth. ww.midwaygold.com.