Midway Gold Appoints Nathaniel E. Klein as a Director

Midway Gold Corp. ('Midway' or the 'Company') (MDW:TSX-V; MDW:NYSE MKT)
is pleased to report that Mr. Nathaniel E. Klein has been appointed to
its Board of Directors, the appointment to be effective at the next
regularly scheduled meeting of the Board in November.

Kenneth Brunk, Midway′s Chairman, President and CEO said, 'Nathaniel
is a strong believer in Midway, and I am delighted he has agreed to join
our board; he brings a wealth of financing and strategic precious metals
knowledge to Midway that will be a large benefit going forward.?

Mr. Klein is a Vice President at Hale Capital Partners, New York with a
focus on investing in micro-cap and small-cap public companies. His
experience includes evaluation and investments in natural resource,
industrial, and technology sectors. Prior to joining Hale, Nathaniel was
an Associate for Highbridge Capital Management, a multi-billion dollar,
multi-strategy fund majority owned by JP Morgan & Chase, where he
focused on structured finance deals and special situations. Prior to
joining Highbridge, Nathaniel was an Analyst at Sage Capital Growth, a
multi-strategy private equity fund, where he was involved in investing
in public and private companies in real estate, natural resources,
energy assets and various other opportunities. Nathaniel earned a B.A.
from Franklin & Marshall College with honors and was awarded The Wall
Street Journal Award.

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 R.J. Smith, Vice President of Administration, 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, reserve
and resource estimates, estimated NPV of the project, anticipated IRR,
estimated strip ratio, anticipated mining methods at the project, the
estimated economics of the project, anticipated gold recoveries and
annual production, estimated capital costs, operating cash costs and
total production costs, planned development drilling and anticipated
expansion of the resource, and the outcome of the permitting process.
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 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 reserved and resources; 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; risks related to
projected project economics, recovery rates, and estimated NPV and
anticipated IRR 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.

R.J. Smith, (877) 475-3642 (toll-free)

Vice
President of Administration