RE:RE:RE:A complete failure.One has to ask, How do you mess up the grade when you have so many years of drilling.
Something doesn't look right here. Independent auditor needs to come in and take a look.
October 28, 2010 TSX Venture Exchange Symbol: MDW NYSE Amex Symbol: MDW Website: www.midwaygold.com New Core Holes Return Higher Gold Grades at Midway’s Pan Project, Nevada Denver, Colorado – Midway Gold Corp. (“Midway”) (MDW:TSXV; MDW:NYSEAMEX) is pleased to report intercepts of 81.1 meters of 1.1 grams per tonne (gpt) gold (266 feet of 0.033 ounce per ton—opt) and 86 meters of 0.9 gpt gold (282 feet of 0.025 opt) in diamond core holes PN1001c and PN1002c from its Pan project, White Pine County, Nevada. Results for six holes are reported in the table below. Additional assays are pending. The weighted average grade of the intercepts shows a significant increase over the 0.55 gpt (0.016 opt) gold average grade of the gold resource reported in the independently prepared Preliminary Economic Assessment dated July 2010 (see note below). Midway’s new core holes were drilled to obtain samples for metallurgical testing of gold bearing rock that were representative of the bulk of the deposit. The new assay intervals are near surface, show good continuity and include intercepts of higher grade gold. All of the samples are from oxidized rock.