Midas Gold Files Technical Report for Stibnite Gold Project Feasibility Study on SEDAR
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NEWS RELEASE
January 28, 2021
#2021-03
Midas Gold Files Technical Report for Stibnite Gold Project Feasibility Study on SEDAR
BOISE, IDAHO – Midas Gold Corp. (MAX:TSX, MDRPF:OTCQX) today announced that it has filed an independent
technical report on SEDAR in accordance with National Instrument 43-101 (“NI 43-101”) that details the results of
the recent feasibility study on the company’s Stibnite Gold Project in Idaho (the “Technical Report”).
Minor changes were made to the economic model in the process of finalizing the Technical Report that resulted in
slightly lower initial capital costs and similar overall economic indicators relative to the estimates included in the
December 22, 2020 news release. The fundamental results of the economic analys es remain unchanged.
To view and download the Technical Report titled “Stibnite Gold Project Feasibility Study Technical Report ” dated
January 27 , 2021, please visit www.sedar.com . The Technical Report will also be available on the Company’s
website at www.midasgoldcorp.com.
For further information about Midas Gold Corp., please contact:
Mckinsey M. Lyon
VP External Affairs
Phone: (208) 901-3052
Email: [email protected]
Facebook: www.facebook.com/midasgoldidaho
Twitter: @MidasIdaho
Website: www.midasgoldcorp.com
Qualified Persons
The Technical Report was compiled by M3 Engineering & Technology Corp. (“M3”) under the direction of
independent qualified persons (as defined under NI 43-101) (“QPs” or “Qualified Persons”) and in accordance with
the requirements of N I 43-101. The QPs responsible for the Technical Report include: Richard Zimmerman, SME -
RM (onsite and offsite infrastructure, cost estimating and financial modeling) and Art Ibrado, P.E. (mineral
processing) with M3; Garth Kirkham, P.Geo. (mineral resources) with Kirkham Geosystems Ltd.; Christopher Martin,
C.Eng. (metallurgy) with Blue Coast Metallurgy Ltd.; Grenvil Dunn, C.Eng. (hydrometallurgy) with Hydromet WA
(Pty) Ltd.; Chris Roos, P.E. (mineral reserves) and Scott Rosenthal P.E. (mine planning) with Value Consulting, Inc.;
and Peter Kowalewski, P.E. (tailings storage facility and closure) with Tierra Group International, Ltd.
The technical information in this news release has been reviewed and approved by Austin Zinsser, SME -RM,
Sr. Resource Geologist for Midas Gold Idaho, Inc., and a Qualified Person.
About Midas Gold and the Stibnite Gold Project
Midas Gold Corp., through its wholly owned subsidiaries, is focused on the exploration and, if warranted, site
restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho
that are encompassed by the Stibnite Gold Project.