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8-K - Midway Gold Corp | midway8k_052914.htm |
EXHIBIT 99.1
Material Change Report
Item 1 Name and Address of Company
Midway Gold Corp. (the “Company”)
Point at Inverness, Suite 280
8310 South Valley Highway
Englewood, Colorado
U.S.A. 80112
Item 2 Date of Material Change
May 28, 2014
Item 3 News Release
The news release was disseminated on May 28, 2014 by the BusinessWire newswire service and through other various other approved public media.
Item 4 Summary of Material Change
The Company announced a substantial resource increase at its Gold Rock project located only 10.5 km to the southeast of its construction-stage Pan project in White Pine County, Nevada. The Company has received an updated NI 43-101 resource estimate for Gold Rock to include results from its 2012-2013 drill program. The updated resource estimate is effective as of May 27, 2014 and was prepared by Global Resource Engineering. The drilling has resulted in a 65% increase in Measured & Indicated resources, as well as a 62% increase in Inferred resources.
Item 5 Full Description of Material Change
For full details please see a copy of the Company’s news release dated May 28, 2014 attached as Schedule “A” hereto.
Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102
Not Applicable
Item 7 Omitted Information
None
Item 8 Executive Officer
The following executive officer of the Company is knowledgeable about the material change and this Report:
Kenneth A. Brunk, Chairman, President and CEO
Phone: (720) 979-0900
Item 9 Date of Report
May 29, 2014
Schedule ‘A’