Midway Gold Announces a Change in Senior Management

Ken Brunk, President and CEO of Midway Gold Corp. (TSX.V and NYSE MKT:
MDW) (the 'Company?), regretfully informs Midway′s shareholders that
Fritz Schaudies, the Company′s CFO, will be resigning from Midway. He
will remain in his current position until a suitable replacement has
been found and the transition has been made. That process will likely
take a few months. Fritz and the rest of management will work closely to
assure that there is a smooth and seamless transition of duties. ?During
discussions, Fritz said, 'I wish to make it perfectly clear that the
reason I am leaving is due to my health and not due to any aspects
relating to Midway. Midway is an excellent company functioning under
excellent leadership. However, the transition from our current status
into commercial production will require increasing stamina for any CFO,
and at my age and the state of my health I must be realistic about my
ability to keep up the pace. I thank you all for allowing me to be a
part of your organization and I wish you well.? Midway Gold and
assuredly all who have known Fritz wish him the very best in retirement,
and thank him for his valuable contributions.

ON BEHALF OF THE BOARD

'Kenneth A.
Brunk'

Kenneth A. Brunk, Chairman, President and CEO

About Midway Gold Corp.

Midway Gold Corp. is a precious metals company with a vision to explore,
design, build and operate gold mines in a manner accountable to all
stakeholders while assuring return on shareholder investments. For more
information about Midway, please visit our website at www.midwaygold.com
or contact Jaime Wells, Investor Relations Analyst, at (877) 475-3642
(toll-free).

Neither the TSX Venture Exchange, its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
nor the NYSE MKT accepts responsibility for the adequacy or accuracy of
this release.

This press release contains forward-looking statements about the
Company and its business. Forward looking statements are statements that
are not historical facts and include, but are not limited to, statements
about the Company's intended work plans and resource estimates and
potential offering of common shares of the Company from time to time.
The forward-looking statements in this press release are subject to
various risks, uncertainties and other factors that could cause the
Company's actual results or achievements to differ materially from those
expressed in or implied by forward looking statements. These risks,
uncertainties and other factors include, without limitation, risks
related to the timing and completion of the Company's intended work
plans, risks related to fluctuations in gold prices; uncertainties
related to raising sufficient financing to fund the planned work in a
timely manner and on acceptable terms; changes in planned work resulting
from weather, logistical, technical or other factors; the possibility
that results of work will not fulfill expectations and realize the
perceived potential of the Company's properties; uncertainties involved
in the interpretation of drilling results and other tests and the
estimation of gold resources and reserves; the possibility that required
permits may not be obtained on a timely manner or at all; the
possibility that capital and operating costs may be higher than
currently estimated and may preclude commercial development or render
operations uneconomic; the possibility that the estimated recovery rates
may not be achieved; risk of accidents, equipment breakdowns and labor
disputes or other unanticipated difficulties or interruptions; the
possibility of cost overruns or unanticipated expenses in the work
program; and other factors identified in the Company's SEC filings and
its filings with Canadian securities regulatory authorities.
Forward-looking statements are based on the beliefs, opinions and
expectations of the Company's management at the time they are made, and
other than as required by applicable securities laws, the Company does
not assume any obligation to update its forward-looking statements if
those beliefs, opinions or expectations, or other circumstances, should
change.

Midway Gold Corp.

Jaime Wells, 877-475-3642 (toll-free)

Investor
Relations Analyst