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February 5, 2013
07:47 EDTMDWMidway Gold updates Pan development, says 2013 to be 'transformational' year
Key 2012 accomplishments for the Pan project: Permitting is on schedule and well positioned for construction in 2013 and production in 2014; Continued engineering and testing activities to better understand project economics; Successful capital raise of $70M at a significant premium to market. During the next three quarters, Midway plans to: Notify the public when the Draft EIS for Pan has been published in the Federal Register; Address additional comments as needed for the Final EIS & the Final Positive Record of Decision.
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