Press Releases

Stoltz 5/7/19 Stoltz 5/7/19

MIDAS GOLD REPORTS RESULTS OF ANNUAL GENERAL MEETING

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced the results of its annual general meeting (the “AGM”), which was held in Vancouver on May 7, 2019. Following the meeting, Stephen Quin, President and CEO, provided those present with an overview of the Company’s progress over the past year and its plans going forward.

Annual General Meeting Voting Result

A total of 156,623,640 million common shares were represented at the AGM, or 66.4% of the votes attached to all outstanding shares at the Company’s record date of March 13, 2019. The Company’s shareholders voted in favour of the election of all director nominees listed in the Company’s management information proxy circular. Detailed results of the vote for the election of directors are as follows:

Name of Nominee	Votes For	Votes Withheld	Total Votes*	Percentage of Votes For*	Percentage of Votes Withheld*
Keith Allred	111,431,970	284,741	111,716,711	99.75%	0.25%
Jaimie Donovan	107,217,662	4,498,049	111,715,711	95.97%	4.03%
Brad Doores	111,393,492	323,219	111,716,711	99.71%	0.29%
Marcelo Kim	107,120,697	4,596,014	111,716,711	95.89%	4.11%
Peter Nixon	111,432,813	283,898	111,716,711	99.75%	0.25%
Stephen Quin	107,221,255	4,495,456	111,716,711	95.98%	4.02%
Javier Schiffrin	107,147,845	4,568,866	111,716,711	95.91%	4.09%
Donald Young	111,388,658	328,053	111,716,711	99.71%	0.29%

* Not all shares were voted in respect of all motions therefore the combined number of shares voted for or withheld may not add up to the total votes represented at the meeting.

The directors were elected to hold offices until the next annual meeting of shareholders or until their successors are elected or appointed.

The Company’s shareholders also approved the appointment of Deloitte LLP, Chartered Accountants, as the auditors of the Company for the fiscal year ending December 31, 2019 (99.39% voted in favour).

Detailed voting results for the meeting are available on SEDAR at www.sedar.com.

Corporate Update

About Midas Gold and the Stibnite Gold Project
Midas Gold Corp., through its wholly owned subsidiaries are focused on the exploration and, if warranted, site restoration and development of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by its Stibnite Gold Project.

Stoltz 4/16/19 Stoltz 4/16/19

MIDAS GOLD GRANTS SHARES & CASH TO THE STIBNITE FOUNDATION

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Stibnite Foundation will help to fund important community projects in Idaho

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced it has provided an initial cash grant of $100,000 and issued 1.5 million common shares in the capital of the Company (the “Foundation Shares”), valued at US$877,500, to launch the Stibnite Foundation in Idaho. These grants to the Stibnite Foundation (the “Foundation”) were made in accordance with the Company’s ongoing annual and milestone funding obligations pursuant to the terms of the Community Agreement, details of which can be found in the Company’s December 4, 2018 news release. The Foundation will support projects that benefit the communities surrounding the Stibnite Gold Project and was created through the establishment of the Community Agreement between Midas Gold Idaho and eight communities and counties throughout the West Central Mountains region of Idaho.

The Foundation Shares are subject to, among other things, a hold period of four months, and may not be traded until August 17, 2019 except as permitted by applicable securities legislation and the rules and policies of the Toronto Stock Exchange.

“Being involved in the communities where we work has always been a strong part of the ethos of our company,” said Laurel Sayer, CEO of Midas Gold Idaho. “Since day one, we have helped to support the projects and causes that are important to the community. Over the past ten years, we’ve donated hundreds of thousands of dollars to local organizations, helped support efforts to upgrade two community parks and given many hours of our time to give back to the place we call home. Establishing the Stibnite Foundation is the next chapter of our company’s commitment to giving back to Idaho.”

Midas Gold will be required to directly address impacts of the Stibnite Gold Project, such as power and road improvements and environmental mitigation, through the permitting process. The Stibnite Foundation is intended to be a tool to fund projects that address other community desires and needs that may arise. Midas Gold will fund the Foundation through a combination of cash and stock contributions with the intent that the Foundation forms an endowment that can support local communities for generations. This is the first issuance of shares to the foundation, with additional cash and share grants scheduled tied to future progress.

About the Stibnite Foundation
The Stibnite Foundation was created through the establishment of a Community Agreement between Midas Gold Corp, Midas Gold Idaho and Adams County, Cascade, Council, Donnelly, Idaho County, New Meadows, Riggins and Yellow Pine. The Community Agreement was signed at the end of 2018.

Each of the communities who are part of the agreement appoint one representative to sit on the board of directors for the Stibnite Foundation. Communities are still in the process of appointing their representatives, and these appointments are anticipated to be completed in the near future. The Foundation places decision-making authority into the hands of the board of directors, and in turn the local communities. Midas Gold strongly believes that community members know the best investments to make to have the biggest impact.

Any group or community project may apply for funding from the Foundation, regardless of participation in the Community Agreement.

The Community Agreement obligated Midas Gold to create the Foundation and contribute cash and shares based on calendar and project milestones. In fulfillment of requirements for 2019, in addition to the grant of shares, Midas Gold will contribute a total of $200,000 this year and will provide another $100,000 in 2020. The Stibnite Foundation will continue to receive contributions from Midas Gold throughout operations based on a percentage of profit, as well as an additional grant of shares .

Midas Gold is in the process of establishing the necessary legal and tax status to begin operating as a charitable foundation. Charitable giving will begin within a year after receiving the necessary tax status from the Internal Revenue Service.

Stibnite Gold Project Permitting Background
A detailed presentation on the PRO can be found at www.midasgoldcorp.com. Details of previous news releases and technical studies can be found filed under Midas Gold’s profile on SEDAR (www.sedar.com) or at www.midasgoldcorp.com.

Stoltz 4/4/19 Stoltz 4/4/19

MIDAS GOLD CORP. FILES FINAL BASE SHELF PROSPECTUS

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Filing of Shelf Prospectus provides future financial flexibility to advance the Stibnite Gold Project

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has now filed a final short form base shelf prospectus (the “Shelf Prospectus”) with the securities commissions in each of the provinces of Canada, except Quebec. This follows the completion of a regulatory review of the preliminary base shelf prospectus, the filing of which was reported on March 12, 2019.

The Shelf Prospectus will allow Midas Gold to offer and issue up to C$200 million of common shares, warrants, subscription receipts, units, debt securities, or any combination of such securities (collectively, the “Securities”) during the next 25-months. The Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which would be set forth in a subsequently filed prospectus supplement.

The Company filed the Shelf Prospectus to provide future financial flexibility as it advances its flagship Stibnite Gold Project but has not determined whether or not to undertake an offering of Securities. As reported in its audited financial statements dated December 31, 2018, Midas Gold had cash on hand of US$29.9 million at year end.

Filing of Amended Technical Report

In connection with the Shelf Prospectus filings, the Company has filed an amended technical report entitled “Stibnite Gold Project, Prefeasibility Study Technical Report, Valley County, Idaho” dated effective December 8, 2014 and amended March 28, 2019 (the “PFS”). Amendments to the PFS include changes to: (i) clarify that the mineral resource estimate is consistent with the CIM Definition Standards adopted by the CIM Council on May 10, 2014 (with no resulting changes to the mineral resource estimate in the PFS); and (ii) remove the comparison of the 2012 preliminary economic assessment. Similar changes have been made to the investor presentation available on the Company’s website.

These documents are available under the Company’s profile on the SEDAR website (www.sedar.com).

The Securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Securities in any State or jurisdiction in which such offer, solicitation or sale would be unlawful.

About Midas Gold and the Stibnite Gold Project
Midas Gold Corp., through its wholly owned subsidiaries are 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 its Stibnite Gold Project.

Caution Regarding Forward Looking Information
This news release contains forward-looking statements regarding potential financings pursuant to the Shelf Prospectus; the filing of one or more prospectus supplements; and continued advancement of the Stibnite Gold Project. These forward-looking statements are provided as of the date of this news release, or the effective date of the documents referred to in this news release, as applicable, and reflect predictions, expectations or beliefs regarding future events based on the Company’s beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to, the assumption that regulatory approval of any shelf prospectus filings and related offerings will be obtained in a timely manner; that general economic and business conditions will not change in a materially adverse manner; and that the Company will be able to raise additional funds on reasonable terms. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions expressed above do not occur, but specifically include, without limitation, risks relating to: general market conditions; the Company’s ability to secure financing, on favourable terms, pursuant to the Shelf Prospectus and any prospectus supplements; and the additional risks described in the Shelf Prospectus and the Company’s latest Annual Information Form, and other disclosure documents filed by the Company on SEDAR. The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

Stoltz 4/2/19 Stoltz 4/2/19

STATE & FEDERAL AGENCIES UPDATE PERMITTING SCHEDULE FOR MIDAS GOLD’S STIBNITE GOLD PROJECT

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Record of Decision for Proposed Stibnite Gold Project Expected in Late Q4 2020

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced that it has been advised that the United States Forest Service (“USFS”) anticipates issuing a Draft Environmental Impact Statement (“Draft EIS”) for public comment in late Q4 2019, with a Final EIS and Draft Record of Decision (“ROD”) anticipated in Q3 2020 for the Stibnite Gold Project (“Project”). This schedule would put the Final ROD for the Project in late Q4 2020 and incorporates the impacts the partial shutdown of the federal government and additional modeling of alternatives requested by the regulators. The USFS, in cooperation with the six other federal, state and local agencies responsible for the permitting schedule, provided the updated timeline as part of its quarterly update on the Project, which is located in Valley County, 39 miles east of McCall and 14 miles from Yellow Pine, Idaho.

“Our goal is to help ensure the permitting agencies are prepared and able to present a robust and thorough analysis of the Stibnite Gold Project to the public,” said Stephen Quin, President & CEO of Midas Gold Corp. “The partial government shut down that ended earlier in 2019, combined with additional modeling of alternatives for the Draft EIS, have slowed the process but should allow for the Draft EIS to be shared with the public at the end of 2019.” In its news release of January 29, 2019, Midas Gold had already accommodated some of these potential delays in its schedule update released on that date but had cautioned that the impacts of the partial government shutdown could not be determined at that time.

Many Idaho leaders are closely following the Project and changes to the timeline, including Idaho’s First Congressional District Congressman Russ Fulcher, in whose district the Project lies. “One of my goals in Congress is to bring new jobs and opportunities to rural Idahoans,” said Rep. Russ Fulcher. “The Stibnite Gold Project proposes new high paying jobs while also cleaning up a brownfield site and other legacy impacts from the Second World War. We need regulators to do their jobs, but we also need permits to move forward. I am disappointed by the recent announcement of additional delay. We need the project to stay on a reliable timeline and for the Stibnite Gold Project to become a reality.”

Joint Review Process

Seven federal, state and local agencies involved in permitting the Project signed the Stibnite Joint Review Process Memorandum of Understanding (“MOU”) in 2017, committing to work together to evaluate the Plan of Restoration and Operations (“PRO”) for the Stibnite Gold Project under the National Environmental Policy Act (“NEPA”). The MOU was designed so agencies could collaborate in the review and preparation of the EIS, meet the requirements of the public process and follow a mutually agreed upon schedule. Agency cooperation and collaboration remains key to the timeliness and completeness of the process.

Updated Schedule

The PRO was accepted as complete by the USFS in December 2016, and the USFS submitted a Notice of Intent to initiate review of the Project and then conducted Public Scoping in June and July of 2017. Since that time, the USFS, their contractor AECOM, and other cooperating agencies have continued with their review of the PRO, baseline data, public comments, defining potential alternatives and analyzing them, and reviewing additional information they requested and which Midas Gold has provided. As noted above, the USFS recently advised Midas Gold they anticipate issuing a Draft EIS for public comment in late Q4 2019 with the target date of an approved Final ROD in late Q4 2020.

Regulators need to ensure that they meet the regulatory requirements to support a robust and defensible Record of Decision. They have been requesting additional data, evaluating the thoroughness of the environmental impact analysis, while ensuring alternative development scenarios are carefully considered. Midas Gold has received 116 requests for additional information (“RFAI”) and has provided the requested information to all but two of the RFAIs issued to date. The updated schedule reflects a number of adjustments to both the baseline analysis, water modeling and alternatives development processes in order to accommodate thorough and comprehensive evaluations of the information provided in response to RFAIs, as well as conduct additional analysis and evaluation of alternatives.

“The partial government shutdown unfortunately extended the schedule and the request for more modeling of alternatives has had additional impacts on the schedule. While we appreciate the need of each of the agencies involved in the Stibnite Joint Review Process to thoroughly evaluate the Project and various alternatives, we nevertheless look forward to completing this phase of the permitting process as soon as practicable and putting a solid Draft EIS out to the public for review,” said Laurel Sayer, President and CEO of Midas Gold Idaho, Inc., the Project operator. “The Stibnite Gold Project has the potential to bring hundreds of well-paying jobs to rural Idaho, hundreds of millions of dollars of investment into the state and restore fish passage and fish habitat, as well as address numerous legacy impacts on water quality related to historical mining activities. We want to bring all of these benefits to Idaho, which is why we are excited to continue moving the Project forward.” Most of the legacy impacts at site occurred during World War II, when the site was a critical supplier of strategic metals needed for the war effort, and well before environmental legislation existed. Notwithstanding that it is not responsible for the site’s legacy impacts, Midas Gold’s plan of restoration and operations takes a comprehensive view of what it will take to restore and redevelop the site and leave behind a functional ecosystem fully and permanently supportive of enhanced fish populations and cleaner water.

Next Steps in the Regulatory Process

The USFS, on behalf of the various regulatory agencies, is currently completing the alternatives assessment and environmental analysis as required by NEPA. This is the core of the review process and will provide the basis for drafting of the Draft EIS, which is currently being prepared.

The next opportunity for public review and comment will come when the agencies release the Draft EIS, which is currently anticipated to take place late Q4 2019, with a public comment period anticipated to run from late 2019 into early 2020. After the comment period, the USFS and cooperating agencies would produce the Final EIS and a Draft ROD as well as respond to public comments received on the Draft EIS. Upon publication of the Final EIS, there would be a short period for objections and resolution before a Final ROD is published. A positive final decision would allow Midas Gold to seek the issuance of the final permits that are dependent on the ROD being issued.

Sustainability Report

In March 2019, Midas Gold Idaho released its 2018 Sustainability Report. This annual report highlights Midas Gold’s community and environmental achievements and can be found digitally at www.midasreport.com. Along with planting over 3,000 trees and volunteering over 3,000 hours in the community, the report provides details of Midas Gold’s evaluation of, and commitment to, mitigating light pollution in support of central Idaho’s dark skies reserve.

Community Engagement

In parallel with the formal NEPA process, Midas Gold is continuing its extensive community and stakeholder engagement process, which has been underway for several years. In late 2018 and early 2019, eight community and county governments near the Project commenced collaborative engagement with Midas Gold through the Stibnite Advisory Council, which was established under a community agreement. The Stibnite Advisory Council holds monthly meetings to discuss aspects of the project and community needs. Midas Gold has also established the Stibnite Foundation and funded the first contribution of $100,000 as an obligation identified in the Community Agreement.

Feasibility Study Status

As previously noted, the feasibility study looks to incorporate the results of a number of Project optimizations, including updated mineral resource estimates, results of optimized metallurgy and processing, optimized layout and plant design, and other considerations. A number of these optimizations are focused on reducing potential environmental effects and impacts from mine redevelopment, and to enhancing the restoration of the site to ensure a healthy, sustainable ecosystem during and after operations. The extended permitting schedule does provide the opportunity to undertake certain value engineering exercises, where deemed appropriate, and include the results of such evaluations in the feasibility study.

Stibnite Gold Project Permitting Background

A detailed presentation on the PRO can be found at www.midasgoldcorp.com. Details of previous news releases and technical studies can be found filed under Midas Gold’s profile on SEDAR (www.sedar.com) or at www.midasgoldcorp.com.

About Midas Gold and the Stibnite Gold Project

Midas Gold Corp., through its wholly owned subsidiaries are focused on the exploration and, if warranted, site restoration and development of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by its Stibnite Gold Project.

Forward-Looking Information

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, next steps and courses of action including actions to be taken by the U.S. Forest Service, the State of Idaho and other government agencies and regulatory bodies. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as “anticipates”, “complete”, “comprehensive”, “defensible”, “ensure”, “potential” and “robust”, in relation to certain actions, events or results “could”, “may”, “will”, “would”, be achieved. In preparing the Forward-Looking Information in this news release, Midas Gold has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; that the formal review process under the NEPA (including a joint review process involving the U.S. Forest Services, the State of Idaho and other agencies and regulatory bodies) as well as the public comment period and EIS will proceed in a timely manner and as expected; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Midas Gold to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, changes in laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may result in unforeseen results in the review process under the NEPA; uncertainty surrounding input to be received pursuant to the public comment period; risks related to dependence on key personnel; risks related to unforeseen delays in the review process including availability of personnel from the US Forest Services, State of Idaho and other agencies and regulatory bodies (including, but not limited to, future US government shutdowns); risks related to opposition to the Project, as well as those factors discussed in Midas Gold’s public disclosure record. Although Midas Gold has attempted to identify important factors that could affect Midas Gold and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Stoltz 3/25/19 Stoltz 3/25/19

MIDAS GOLD CORP. AMENDS INVESTOR RIGHTS AGREEMENT WITH BARRICK GOLD

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Barrick commits to provide lead order and fund up to US$5 million

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has amended the investor rights agreement dated May 16, 2018 (“IRA”) entered into with Barrick Gold Corporation (“Barrick”) in conjunction with Barrick’s US$38 million investment in Midas Gold completed in May 2018. These amendments were made at Midas Gold’s request and are designed to increase financing flexibility and options for Midas Gold, including a commitment by Barrick to provide a lead order.

“As we continue to advance the Stibnite Gold Project through completion of a feasibility study and regulatory approval of our plan for the restoration and redevelopment of this brownfields site, Barrick’s investment and support has been instrumental in the progress we have made towards our goals,” said Stephen Quin, President & CEO of Midas Gold Corp. “We appreciate Barrick’s flexibility to accommodate our requested amendments to the terms of the IRA, and its willingness to commit to take its proportionate share of any future financing undertaken under the IRA, as amended.” As disclosed in its audited financial statements filed on SEDAR, at December 31, 2018 Midas Gold had a cash balance of US$29.9 million.

“Barrick is pleased to support Midas Gold as it advances its Stibnite Gold Project in Idaho through the permitting and feasibility process,” said Mark Bristow, President & CEO of Barrick Gold. Barrick currently owns approximately 19.744% of Midas Gold’s issued shares.

Amendments to the IRA include provision of a standby commitment from Barrick to fund up to an aggregate of US$5 million in respect of any future financing by Midas Gold that constitutes a “Permitted Offering” as defined in the IRA, subject to the terms and conditions of the amended IRA. The amendment to the IRA, which is subject to regulatory approval, will be filed under Midas Gold’s profile on SEDAR at www.sedar.com in accordance with applicable securities laws.

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 its Stibnite Gold Project.

Caution Regarding Forward Looking Information

This news release contains forward-looking statements regarding potential financings contemplated in the IRA, as amended. These forward-looking statements are provided as of the date of this news release, or the effective date of the documents referred to in this news release, as applicable, and reflect predictions, expectations or beliefs regarding future events based on the Company’s beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to, the assumption that regulatory approval of the amendment to the IRA and any potential financing will be obtained in a timely manner; that general economic and business conditions will not change in a materially adverse manner; and that the Company will be able to raise additional funds on reasonable terms. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions expressed above do not occur, but specifically include, without limitation, risks relating to: general market conditions; the Company’s ability to secure additional financing on favourable terms; and the additional risks described in the Company’s latest Annual Information Form, and other disclosure documents filed by the Company on SEDAR. The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

Stoltz 3/12/19 Stoltz 3/12/19

MIDAS GOLD CORP. FILES PRELIMINARY BASE SHELF PROSPECTUS

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Shelf Prospectus increases flexibility and options for potential future financings

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec.

The base shelf prospectus (the “Shelf Prospectus”) has not yet become final for the purpose of the sale of any Securities. When final, the Shelf Prospectus would allow Midas Gold to offer and issue up to C$200 million of common shares, warrants, subscription receipts, units, debt securities, or any combination of such securities (collectively, the “Securities”) during the 25-month period that the Shelf Prospectus is effective. The Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which would be set forth in a subsequently filed prospectus supplement.

The Company is filing this Shelf Prospectus to maintain financial flexibility as it advances its flagship Stibnite Gold Project but has not whether or not to undertake an offering of Securities.

A copy of the preliminary short form base shelf prospectus is available on SEDAR (www.sedar.com).

About Midas Gold and the Stibnite Gold Project

Stoltz 1/31/19 Stoltz 1/31/19

MIDAS GOLD REPORTS CHANGES TO ITS BOARD OF DIRECTORS

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Jaimie Donovan to replace Mark Hill as Barrick Gold Nominee

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has appointed Jaimie Donovan to its Board of Directors, replacing Mark Hill, who resigned as Barrick’s representative from the Company’s Board.

“We welcome Ms. Donovan to the Board of Directors of Midas Gold and look forward to benefiting from her technical and capital markets expertise,” said Peter Nixon, Chairman of Midas Gold’s Board of Directors. “We also thank Mr. Hill for his contributions to the Board of Directors over the past year and wish him well with his new responsibilities for Barrick in Latin America and Australia.”

Additional Details

Jaimie Donovan is the Head of Growth and Evaluations for Barrick in North America, where she oversees the evaluation and development of regional investment opportunities. Prior to that Ms. Donovan held senior positions at Barrick Gold as Vice President of Evaluations, and Waterton Global Resource Management as a Principal and head of Evaluations. Ms. Donovan has over 18 years of experience in the mining industry spanning roles in Operations, Corporate Development and Capital Allocation. Ms. Donovan holds a Bachelor’s degree in Mining Engineering (B.Eng.) and a Bachelor’s degree in Commerce (B.Com. Finance) from the University of Western Australia.

Stoltz 1/29/19 Stoltz 1/29/19

STATE & FEDERAL AGENCIES UPDATE PERMITTING SCHEDULE FOR MIDAS GOLD'S STIBNITE GOLD PROJECT

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Record of Decision for Proposed Stibnite Gold Project Expected in Q3 2020

VANCOUVER, BRITISH COLUMBIA - Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced that it has been advised that the United States Forest Service (“USFS”) anticipates issuing a Draft Environmental Impact Statement (“DEIS”) for public comment in Q3 2019, with a Final EIS and Draft Record of Decision (“ROD”) anticipated in Q2 2020 for the Stibnite Gold Project (“Project”). This schedule would put the Final ROD for the Project in Q3 2020. The USFS, in cooperation with the six other federal, state and local agencies responsible for the permitting schedule, provided the updated timeline as part of its quarterly update on the Project, which is located in Valley County, 39 miles east of McCall and 14 miles from Yellow Pine, Idaho.

“The quarterly schedule released by the USFS extends the timeframe to complete permitting in order to accommodate agency requests for additional information and analysis, including modelling of alternatives,” said Stephen Quin, President & CEO of Midas Gold Corp. “While the extended timeframe is disappointing, we believe that this additional time safeguards the successful completion of the permitting process and ensures the best plan moves forward towards a robust, defensible decision.” This extension recognizes all parties’ commitment to ensuring the analysis required under the National Environmental Policy Act (“NEPA”) is comprehensive, thoroughly considers all alternatives, and is complete before the Draft EIS is published and shared with the public later in 2019. The partial shutdown of the US Federal Government also affected the permitting schedule.

Joint Review Process

Seven federal, state and local agencies involved in permitting the Project signed the Stibnite Joint Review Process Memorandum of Understanding (“MOU”) in 2017, committing to work together to evaluate the Plan of Restoration and Operations (“PRO”) for the Stibnite Gold Project under the NEPA. The MOU was designed so agencies could collaborate in the review and preparation of the EIS, meet the requirements of the public process and follow a mutually agreed upon schedule. Agency cooperation and collaboration remains key to the timeliness of the process and is demonstrated by the numerous interagency meetings to address matters collaboratively.

Updated Schedule

The PRO was accepted as complete by the USFS in December 2016, and the USFS submitted a Notice of Intent to initiate review of the Project and then conducted Public Scoping in June and July of 2017. Since that time, the USFS, their contractor, AECOM, and other cooperating agencies have continued to make progress reviewing the PRO, baseline data, public comments, defining potential alternatives and analyzing them and reviewing additional information they requested, and Midas Gold provided. As noted above, the USFS recently advised Midas Gold they anticipate issuing a Draft EIS for public comment in Q3 2019 with the target date of an approved Final ROD in Q3 2020, although this schedule has and will be impacted by the partial shutdown of the US Government.

Regulators want to ensure they meet the regulatory requirements to support a robust and defensible Record of Decision. They are requesting additional data, evaluating the thoroughness of the environmental impact analysis, while ensuring alternative development scenarios are carefully considered. Midas Gold has received 115 requests for additional information (“RFAI”) and provided the requested information to all 115 RFAIs issued to date. The updated schedule reflects a number of adjustments to both the baseline analysis, water modelling and alternatives development processes in order to accommodate thorough and comprehensive evaluations of the information provided in response to RFAIs, as well as conduct additional analysis and evaluation of alternatives.

“We appreciate the need of each of the agencies involved in the Stibnite Joint Review Process to thoroughly evaluate the Project and alternatives. However, we look forward to completing this phase of the permitting process as soon as practicable and putting a solid Draft EIS out to the public for review,” said Laurel Sayer, CEO of Midas Gold Idaho, Inc., the Project operator. “The Stibnite Gold Project has the potential to bring hundreds of well-paying jobs to rural Idaho, hundreds of millions of dollars of investment into the state and restore a region that has experienced extensive impacts from historical mining-related activities. We want to bring all of these benefits to Idaho, which is why we are excited to continue moving the Project forward.”

Effects of the US Government Shutdown

The recently ended partial shutdown of the US Federal Government affected progress on permitting the Stibnite Gold Project, as certain personnel involved in the regulatory process for the Project were on furlough and unable to work on the Project. However, AECOM, the USFS’ third party contractor assisting with the review of the Project under NEPA, continued to work through the shutdown as their costs are paid by Midas Gold, as did some federal agencies that were not affected by the shutdown. State and local agencies were not affected by the shutdown. The recent ending of the shutdown is reported to be temporary in nature and the ultimate effects of the shutdown(s) cannot be determined at this time.

Next Steps in the Regulatory Process

The next opportunity for public review and comment will come when the agencies release the Draft EIS, which is currently anticipated to take place Q3 2019. After the comment period, the USFS and cooperating agencies would produce the Final EIS and a Draft ROD as well as respond to public comments received on the Draft EIS. Upon publication of the Final EIS, there would be a short period for objections and resolution before a Final ROD is published. A positive final decision would allow Midas Gold to seek the issuance of the final permits that are dependent on the ROD being issued.

Community Engagement

In parallel with the formal NEPA process, Midas Gold is continuing its extensive community and stakeholder engagement process, which has been underway for several years. At the end of November 2018, seven community and county governments near the Project signed a Community Agreement with Midas Gold. In January, one additional county also signed the Community Agreement while another deferred consideration until after the DEIS is published and Midas Gold withdrew a request for a tenth community to join the agreement to avoid any perception of a conflict of interest. The Community Agreement, involving eight local communities, creates a collaborative environment for local communities to work together with the Company to directly address concerns and opportunities with Midas Gold throughout the life of the project. Midas Gold also worked with these communities to establish the Stibnite Foundation in order to support community projects. The Stibnite Advisory Council, created under the Community Agreement, has been formed, has established its bylaws, appointed officers and has begun identifying priorities for the Council’s attention.

Feasibility Study Status

Midas Gold’s technical team and consultants continue to advance their work on a feasibility study for the Stibnite Gold Project. The timing for completion of the feasibility study is tied to the completion of the Draft EIS since the feasibility study needs to reflect the design and layout of the Project as defined in the Draft EIS. While substantially all of the work related to mineral resource estimation, metallurgy, geotechnical, infrastructure (including road access, powerline, tunnel design) and other aspects of the Project has been completed, and preliminary mine planning is well advanced, finalization of the design and estimating of capital and operating costs are awaiting decisions driven by the permitting process. The feasibility study looks to incorporate the results of a number of Project optimizations, including updated mineral resource estimates, results of optimized metallurgy and processing, optimized layout and plant design, and other considerations. A number of these optimizations are focused on reducing potential environmental effects and impacts from mine redevelopment, and to enhancing the restoration of the site to ensure a healthy, sustainable ecosystem during and after operations. The extended permitting schedule does provide the opportunity to advance designs of certain Project components further than would be typical for a feasibility study and include this more advanced information in the feasibility study. In addition, it also provides the opportunity to undertake certain value engineering exercises, where deemed appropriate, and also include the results of such evaluations in the feasibility study.

Stibnite Gold Project Permitting Background

About Midas Gold and the Stibnite Gold Project

Forward-Looking Information

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, next steps and courses of action including actions to be taken by the U.S. Forest Service, the State of Idaho and other government agencies and regulatory bodies. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as “anticipates”, “believes”, “complete”, “comprehensive”, “defensible”, “ensure”, “potential”, “robust”, “safeguard” and “successful” in relation to certain actions, events or results “could”, “may”, “will”, “would”, be achieved. In preparing the Forward-Looking Information in this news release, Midas Gold has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; that the formal review process under the NEPA (including a joint review process involving the U.S. Forest Services, the State of Idaho and other agencies and regulatory bodies) as well as the public comment period and EIS will proceed in a timely manner and as expected; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Midas Gold to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, changes in laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may result in unforeseen results in the review process under the NEPA; uncertainty surrounding input to be received pursuant to the public comment period; risks related to dependence on key personnel; risks related to unforeseen delays in the review process including availability of personnel from the US Forest Services, State of Idaho and other agencies and regulatory bodies (including, but not limited to, future US government shutdowns); risks related to opposition to the Project, as well as those factors discussed in Midas Gold’s public disclosure record. Although Midas Gold has attempted to identify important factors that could affect Midas Gold and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Guest User 12/4/18 Guest User 12/4/18

MIDAS GOLD ENTERS INTO COLLABORATIVE AGREEMENT WITH COMMUNITIES SURROUNDING ITS SITE AGREEMENT ENSURES TRANSPARENCY THROUGHOUT THE STIBNITE GOLD PROJECT & ESTABLISHES FOUNDATION

VANCOUVER, BC – Midas Gold Corp. (“Midas Gold” or the “Company”) (MAX:TSX / MDRPF:OTCQX), its wholly owned subsidiary, Midas Gold Idaho, Inc. (“Midas Gold Idaho”) and seven of the communities closest to the Stibnite Gold Project site have officially established a community agreement. Through the creation of the Stibnite Advisory Council, the agreement establishes a collaborative environment for the companies and local communities to work together throughout the life of the project and provides a venue for cities and counties to address concerns and opportunities directly with Midas Gold. It also creates the Stibnite Foundation to support community projects.

“We are looking forward to working with the members of the Stibnite Advisory Council,” said Laurel Sayer, CEO of Midas Gold Idaho. “Working alongside communities has always been an important pillar of the Stibnite Gold Project. We’ve spent a lot of time out in the community speaking with our neighbors and listening to their ideas because we know this information helps make our project stronger. With this agreement, we’ve formalized this philosophy and given every signatory to the agreement a voice and seat at the table throughout the life of our project.”

Since August, Cascade, Council, Donnelly, Idaho County, New Meadows, Riggins and Yellow Pine all unanimously voted to sign onto the community agreement, which has an effective date of November 30, 2018. Anne Labelle, Midas Gold Idaho Board Member, and Belinda Provancher, community relations manager for Midas Gold Idaho, worked closely with each of the communities to gather their feedback and incorporate it into the final community agreement. Each signatory is now in the process of appointing representatives to the Stibnite Advisory Council and Stibnite Foundation.

“Midas Gold has shown itself to be a good corporate citizen and partner. The Company has taken its commitment to another level with the community agreements,” said Julie Good, the President of the New Meadows City Council. “We are pleased to be a part of the Stibnite Advisory Council and look forward to working with Midas Gold and giving our community a voice in the Stibnite Gold Project.”

Under the agreement, the Stibnite Advisory Council will meet regularly to get updates from Midas Gold and discuss topics of concern or interest regarding the Stibnite Gold Project. The advisory council held an initial planning meeting and is currently scheduling an organization meeting. At this meeting, the Stibnite Advisory Council will establish its regular meeting schedule and start to discuss how partnerships can be formed around workforce training, housing and infrastructure, employment, recreational access and business opportunities. Each advisory council member is tasked with sharing information from the meetings with the communities they represent.

“I am grateful Midas Gold sees the value of working collaboratively with those who live closest to the site,” said Bob Crump, a Riggins business owner. “As the Stibnite Gold Project moves forward, it gives me peace of mind knowing the community agreements are in place and local voices will be able to help shape the plan for the restoration and redevelopment of the site. I am also excited for the opportunities the Stibnite Foundation will create in our communities. This foundation will help all of us benefit from the Stibnite Gold Project.”

The Stibnite Foundation will support projects that benefit communities surrounding the project. While Midas Gold will be required to directly address impacts of the project, such as power and road improvements and environmental mitigation, as part of the permitting process, the foundation will be a tool to fund projects that address other community needs that may arise. Midas Gold will fund the foundation through a combination of milestone cash payments by Midas Gold Idaho and stock contributions from Midas Gold. The Stibnite Foundation is being established in a manner that will allow it to continue even after mining at the Stibnite Gold Project ends.

Midas Gold is pleased that the Community Agreement has been finalized so its neighbors can have a meaningful way to work with the Company now and into the future.

A detailed description of the Project can be found in the Plan of Restoration and Operations which is available on the Company’s website at www.midasgoldcorp.com. Details of previous news releases and technical studies can be found filed under Midas Gold’s profile on SEDAR (www.sedar.com) or at www.midasgoldcorp.com.

About Midas Gold and the Stibnite Gold Project

Forward-Looking Information

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding the funding of the Stibnite Foundation. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “once”, “estimates”, “potential”, “confirm”, “if” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” “be achieved”. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that all necessary regulatory consents and/or approvals to fund the Stibnite Foundation through stock contributions will be obtained in a timely manner and on acceptable terms, the continuity of the price of gold and other metals, economic and political conditions and operations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to the availability of financing on commercially reasonable terms; operations and contractual obligations; future prices of metals; environmental risks, including environmental matters under US federal and Idaho rules and regulations; impact of environmental remediation requirements and the terms of existing and potential consent decrees on the Company’s planned exploration and development activities on the Stibnite Gold Project; certainty of mineral title; community relations; delays in obtaining governmental approvals or financing; fluctuations in mineral prices; the Company’s dependence on one mineral project; the Company’s lack of operating revenues; governmental regulations and the ability to obtain necessary licenses and permits; currency fluctuations; changes in environmental laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may increase costs of doing business and restrict operations; risks related to dependence on key personnel; and estimates used in financial statements proving to be incorrect; as well as those factors discussed in the Company’s public disclosure record. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Guest User 10/10/18 Guest User 10/10/18

MIDAS GOLD PROVIDES UPDATE ON ITS STIBNITE GOLD PROJECT

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced that the Nez Perce Tribal Executive Committee has adopted a resolution formally opposing the Company’s proposed Stibnite Gold Project. The Nez Perce Tribe is one of the three tribes being consulted by the U.S. Forest Service (“USFS”) under the National Environmental Policy Act review process.

“Naturally, we are disappointed in the decision by the Nez Perce Tribal Executive Committee,” said Stephen Quin, President & CEO of Midas Gold Corp. “The resolution appears to be driven by potential impacts on natural resources resulting from the redevelopment of the former Stibnite mining district and questions the benefits of the proposed restoration work that is an integral part of our Plan of Restoration and Operations. The Nez Perce Tribal Executive Committee’s resolution also notes historic impacts from mining on the environment and the Nez Perce Tribe. Midas Gold is cognizant of the historic impacts of mining, which may nowhere be better illustrated than in the Stibnite mining district. We have therefore, from the outset, designed our Plan of Restoration and Operations with closure in mind by incorporating considerable restoration of legacy impacts from historic mining, and focusing on improving water quality and fish habitat, all interests that we know we share with the Tribe and that the public will become more aware of as the permitting process moves forward.”

During the past several years, Midas Gold has proactively engaged with the Nez Perce Tribe, provided open access to the site and technical information generated in respect of the current situation at the site, in addition to plans for restoration, operations, and for reclamation and closure. “We will continue to reach out to the Nez Perce Tribe in a continued effort address their concerns,” said Mr. Quin.

Community Engagement
In parallel with the formal National Environment Policy Act (“NEPA”) process, Midas Gold is continuing its extensive community and stakeholder engagement process, which has been underway for several years. The Company has met with local communities in various settings and provided tours to the site to demonstrate the extent of the historical disturbance in the district and Midas Gold’s comprehensive plans to remediate and restore the site.

Stibnite Gold Project Permitting Background
In September of 2016, Midas Gold Idaho, Inc. submitted its Plan of Restoration and Operations (“PRO”) for the restoration, re-development and operation of the Stibnite Gold Project in Valley County, Idaho. The PRO was deemed administratively complete by the USFS in December 2016, the scoping process was completed in July 2017 and the environmental analysis and alternatives assessment is currently nearing completion.

About Midas Gold and the Stibnite Gold Project
Midas Gold Corp., through its wholly owned subsidiaries are focused on the exploration and, if warranted, site restoration and development of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by its Stibnite Gold Project.

Forward-Looking Information
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, next steps and courses of action including actions to be taken by the USFS, the Nez Perce Tribe, the State of Idaho and other government agencies, tribes and regulatory bodies. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements that certain actions, events or results “may”, “will”, “could”, “be achieved”. In preparing the Forward-Looking Information in this news release, Midas Gold has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; that the formal review process under the NEPA (including a joint review process involving the USFS, the State of Idaho and other agencies and regulatory bodies) as well as the public comment period, scoping process and Environmental Impact Statement will proceed in a timely manner and as expected; that Midas Gold and its affiliated entities will qualify for the Bona Fide Prospective Purchaser (“BFPP”) defence under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Midas Gold to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, changes in laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may result in unforeseen results in the review process under the NEPA; risks relating to whether Midas Gold and/or its subsidiaries will be deemed a BFPP under CERCLA; uncertainty surrounding input to be received pursuant to the scoping process including but not limited to the public comment period; risks related to dependence on key personnel; risks related to unforeseen delays in the review process including availability of personnel from the USFS, Nez Perce and other tribes, State of Idaho and other agencies and regulatory bodies; as well as those factors discussed in Midas Gold’s public disclosure record. Although Midas Gold has attempted to identify important factors that could affect Midas Gold and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Guest User 10/1/18 Guest User 10/1/18

UPDATE ON STATE & FEDERAL PERMITTING SCHEDULE FOR MIDAS GOLD’S STIBNITE GOLD PROJECT

Record of Decision for Proposed Stibnite Gold Project Expected in Q2 2020

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced that the United States Forest Service (“USFS”) has provided its quarterly update to the anticipated permitting schedule for Midas Gold’s Stibnite Gold Project (“Project”), which is located in Valley County, 39 miles east of McCall and 14 miles from Yellow Pine, Idaho. The USFS, in cooperation with the six other federal, state and local agencies responsible for the permitting of the Project, anticipates issuing a draft Environmental Impact Statement (“EIS”) for public comment in May 2019, with a Final EIS and Draft Record of Decision (“ROD”) in February 2020. This would allow for an approved Final ROD in May 2020.This updated schedule accommodates the review and analysis of a considerable amount of additional information requested by the agencies and provided by Midas Gold in the past three months, and the integration of consultations required by other agencies to meet their regulatory obligations.

Separately, the Forest Service has approved Midas Gold developing the Biological Assessment (“BA”) pursuant to its previous designation as the Non-Federal Representative under the Endangered Species Act (“ESA”) regulations. The BA is the foundational document that initiates the process of Section 7 consultation under the ESA between the Forest Service and the Fish & Wildlife and NOAA Fisheries Services, a critical element of the permitting process. The Forest Service still must independently review and approve the BA prior to beginning consultation and will be responsible for issuing the Biological Opinion under the ESA. Section 7 consultation is the formal process by which the Federal agencies ensure that listed species, and the habitat upon which they depend, are conserved.Initiating this process in parallel with the NEPA review reduces the risks of delays related to ESA consultations.

“One of our core objectives for the redevelopment and restoration of the Stibnite Gold Project is to restore fish passage and habitat in the headwaters of the East Fork of the South Fork of the Salmon River for the first time since the 1930s, particularly endangered Chinook salmon and bull trout,” said Stephen Quin, President & CEO of Midas Gold Corp. “As the Project proponent, we are developing the best available scientific information on the Project’s conservation objectives and actions to not only safeguard, but enhance, populations and habitat of listed species and restore their historic spawning grounds within the Project site. We will continue to provide the highest quality and up-to-date scientific information to the Forest Service and other agencies for their review and approval so that they can advance the appropriate Project review under the Endangered Species Act.”

Joint Review Process

Seven federal, state and local agencies signed the Stibnite Joint Review Process Memorandum of Understanding (“MOU”) in 2017, committing to work together to evaluate the Plan of Restoration and Operations (“PRO”) for the Stibnite Gold Project under the National Environmental Policy Act (“NEPA”). The MOU was designed so that agencies could collaborate in the review and preparation of the EIS, meet the requirements of the public process and follow a mutually agreed upon schedule. Agency cooperation and collaboration remains key to the timeliness of the process, and collaboration is demonstrated by the numerous interagency meetings to address matters collectively, but this does result in additional complexities in advancing the process.However, the Joint Review Process should reduce the risk of agencies failing to have alignment on their final decisions.

Updated Schedule

The Plan of Restoration and Operations (“PRO”) was accepted as complete by the USFS in December 2016, and the agency submitted a Notice of Intent to initiate review of the Project and conduct the Public Scoping in June and July 2017.Since that time, the USFS, their Third-Party Contractor, AECOM, and other cooperating agencies have continued to make steady progress reviewing the PRO, baseline data, public comments and additional information they requested for review. The USFS recently advised Midas Gold they anticipate issuing a draft EIS for public comment in May 2019 with the target date of an approved Final ROD in May 2020.Regulators want to ensure they meet the regulatory requirements to support a robust and defensible Record of Decision, an objective Midas Gold supports. The agencies have requested considerable additional data, which Midas Gold is providing, and are evaluating the thoroughness of the environmental impact analysis, while ensuring alternative development scenarios are carefully considered.To date, Midas Gold has received 107 requests for additional information (“RFAI”) and provided the requested information to 103 RFAIs, with four in progress and scheduled to be delivered in October.The updated schedule reflects a number of minor adjustments to both the baseline analysis and alternatives development processes in order to accommodate thorough and comprehensive evaluations of the information provided in response to RFAIs.

“The review process continues to move forward, with improving cooperation between the agencies involved in the Stibnite Joint Review Process,” said Laurel Sayer, CEO of Midas Gold Idaho, Inc., the Project operator. “Once permitted, the Stibnite Gold Project has the potential to bring hundreds of well-paying jobs to rural Idaho, hundreds of millions of dollars of investment into the State of Idaho, restore fish passage and habitat for endangered species a mine site that has experienced extensive impacts from historical mining-related activities. With all of these benefits, we look forward to continuing to move the project forward.”

Next Steps in the Regulatory Process

The USFS, on behalf of the various regulatory agencies, is currently completing the alternatives assessment and environmental analysis as required by NEPA. The alternatives assessment and analysis are the core of the review process for the Stibnite Gold Project and will provide the basis for drafting of the EIS.

The next opportunity for public review and comment will come when the agencies release the Draft EIS, which release is now anticipated to take place May 2019. After the comment period, the USFS and cooperating agencies will produce the Final EIS and a Draft ROD as well as respond to all public comments on the Draft EIS.Upon publication of the Final EIS, there will be a short period for objections and resolution before a Final ROD is published. A positive final decision would allow Midas Gold to seek the issuance of the final permits that are dependent on the ROD being issued.

Community Engagement

In parallel with the formal NEPA process, Midas Gold is continuing its extensive community and stakeholder engagement process, which engagement has been underway for several years.Midas Gold has been meeting with local communities in various settings and providing tours to the site to demonstrate the extent of the historical disturbance in the district and Midas Gold’s comprehensive plans to remediate and restore the site.

Additional Information

About Midas Gold and the Stibnite Gold Project

Forward-Looking Information

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, next steps and courses of action including actions to be taken by the U.S. Forest Service, the State of Idaho and other government agencies and regulatory bodies. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements that certain actions, events or results “may”, “will”, “could”, “be achieved”. In preparing the Forward-Looking Information in this news release, Midas Gold has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; that the formal review process under the NEPA (including a joint review process involving the U.S. Forest Services, the State of Idaho and other agencies and regulatory bodies) as well as the public comment period, scoping process and EIS will proceed in a timely manner and as expected; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Midas Gold to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, changes in laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may result in unforeseen results in the review process under the NEPA; uncertainty surrounding input to be received pursuant to the scoping process including but not limited to the public comment period; risks related to dependence on key personnel; risks related to unforeseen delays in the review process including availability of personnel from the US Forest Services, State of Idaho and other agencies and regulatory bodies; as well as those factors discussed in Midas Gold’s public disclosure record. Although Midas Gold has attempted to identify important factors that could affect Midas Gold and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Guest User 8/30/18 Guest User 8/30/18

MIDAS GOLD APPOINTS MICHAEL BOGERT AS GENERAL COUNSEL OF MIDAS GOLD IDAHO, INC.

Mr. Bogert brings strong Federal & State Regulatory Background to Midas Gold and the Stibnite Gold Project

VANCOUVER, BRITISH COLUMBIA - Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that Midas Gold Idaho, Inc., (“MGII” or “Midas Gold Idaho”) has appointed L. Michael Bogert as General Counsel of MGII, a wholly-owned subsidiary of Midas Gold Corp. and the operating company for the Stibnite Gold Project in central Idaho.

“We welcome Michael Bogert into his new role and look forward to benefitting from his expertise in the Federal regulatory system, and his considerable experience at the State and Federal levels, to Midas Gold Idaho,” said Stephen Quin, President and CEO of Midas Gold Corp. “We look forward to continuing the relationship built over the two years he served on the board of directors of Midas Gold Corp., where his insight and experience on the regulatory process in the US was invaluable.” Mr. Bogert stepped down from the board of Midas Gold Corp. earlier in the month to facilitate his transition to the position of General Counsel.

“As a native Idahoan, Mr. Bogert’s appointment continues to best reflect the needs and values of Idaho,” said Laurel Sayer, President & CEO of Midas Gold Idaho. “His appointment reflects MGII’s commitment to bring the perspectives of Idahoans at all senior levels of the Company as we work together to advance the Stibnite Gold Project through permitting of the Plan of Restoration and Operations.”

Additional Details

Michael Bogert joins Midas Gold Idaho, Inc. as General Counsel from his previous position as a shareholder of Parsons Behle & Latimer’s Boise and Washington DC offices. Mr. Bogert is the former Counselor to U.S. Interior Secretary Dirk Kempthorne, the former Regional Administrator of the U.S. Environmental Protection Agency’s (“EPA”) Region 10 office in Seattle and the former Counsel to the Governor of the State of Idaho. As Counselor to Secretary Kempthorne, Mr. Bogert advised the Secretary on various policy issues in the areas of endangered species and served as the Secretary’s lead policy negotiator on Tribal water rights settlements. As the Regional Administrator for EPA Region 10, Mr. Bogert was responsible for leading EPA’s partnerships with the states of Washington, Oregon, Idaho, and Alaska, as well as the 271 Federally recognized Tribes in EPA Region 10. He has also previously served on the Board of Directors of a publicly-traded mining company, in addition to the two years he spent on the board of Midas Gold Corp.

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 development of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by its Stibnite Gold Project. As operator of the Project, Midas Gold’s subsidiary, Midas Gold Idaho, Inc. is a modern mining company that believes that industry and the environment can work together. Commencing in 2009, Midas Gold defined a world-class deposit of gold and antimony in an area in need of serious environmental repair. The Stibnite Gold Project, as proposed in the Plan of Restoration and Operations currently being reviewed by regulators, would restore the site, create economic opportunity and benefit the surrounding communities.

Guest User 8/9/18 Guest User 8/9/18

MIDAS GOLD REPORTS CHANGES TO ITS BOARD OF DIRECTOR

Brad Doores Appointed to the Board of Directors to replace Michael Bogert who is to assist with permitting

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has appointed Brad Doores to its Board of Directors, replacing Michael Bogert, who has stepped down from the Board in a planned transition to working more closely with the Company on permitting-related matters.

“We welcome Mr. Doores to the Board of Directors of Midas Gold and look forward to benefiting from his extensive permitting, social licence and operational experience,” said Peter Nixon, Chairman of Midas Gold’s Board of Directors. “We also thank Mr. Bogert for his valuable contributions to the Board of Directors over the past two years and we value our continuing relationship with him as we work together to advance the Stibnite Gold Project through permitting of the Plan of Restoration and Operations.”

Additional Details

Mr. Doores is an attorney licensed in the State of Colorado with over 40 years of legal experience in the mining industry. Over the course of his career, Mr. Doores has served as an officer, director and legal counsel for both private and public, senior and junior, natural resources companies. He has overseen the permitting and licensing of more than 20 surface and underground mines in the western United States, South America, and Africa. Mr. Doores served as a Director and Vice President & General Counsel of Energy Fuels Corporation and Energy Fuels Nuclear, Inc. from 1984-1994. He also served as a Director and Vice President & General Counsel of Golden Shamrock Mines Limited from 1994-1995 before joining Barrick Gold Corporation. Prior to retirement in 2014, Mr. Doores was the Vice President and Deputy General Counsel of Barrick Gold Corporation.

Guest User 7/3/18 Guest User 7/3/18

STATE & FEDERAL AGENCIES UPDATE PERMITTING SCHEDULE FOR MIDAS GOLD’S STIBNITE GOLD PROJECT

Record of Decision for Proposed Stibnite Gold Project Expected in Q1 2020

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced the United States Forest Service (“USFS”) has provided its quarterly update to the anticipated permitting schedule for Midas Gold’s Stibnite Gold Project (“Project”), which is located in Valley County, 39 miles east of McCall and 14 miles from Yellow Pine, Idaho. The USFS, in cooperation with the six other federal, state and local agencies responsible for the permitting schedule, now anticipates issuing a draft Environmental Impact Statement (“EIS”) for public comment in February 2019, with a Final EIS and Draft Record of Decision (“ROD”) by October 2019. This would allow for an approved Final ROD in March 2020. This updated schedule accommodates the review and analysis of a considerable amount of additional information requested by the agencies and provided by Midas Gold in the past several months, and the integration of consultations required by other agencies to meet their regulatory obligations.

“We appreciate the thorough and thoughtful review of the Stibnite Gold Project by the U.S. Forest Service and other agencies,” said Stephen Quin, President & CEO of Midas Gold Corp. “The schedule update indicates regulatory agencies are doing their job to ensure that all the required information is fully assessed, that the best plan gets permitted and the Record of Decision stands. Our collaboration with the U.S. Forest Service and the other agencies continues to put us one step closer to bringing the Stibnite Gold Project to life, bring economic development and environmental restoration to central Idaho.”

Seven federal, state and local agencies signed the Stibnite Joint Review Process Memorandum of Understanding (“MOU”) in 2017, committing to work together to evaluate the Plan of Restoration and Operations (“PRO”) for the Stibnite Gold Project under the National Environmental Policy Act (“NEPA”). The MOU was designed so that agencies could collaborate in the review and preparation of the EIS, meet the requirements of the public process and follow a mutually agreed upon schedule. Agency cooperation and collaboration remains key to the timeliness of the process, and is demonstrated by the numerous interagency meetings to address matters collectively and collaboratively.

Updated Schedule
The Plan of Restoration and Operations (“PRO”) was accepted as complete by the USFS in December 2016, and the agency submitted a Notice of Intent to initiate review of the Project and conduct the Public Scoping in June and July, 2017. Since that time, the USFS, their Third Party Contractor, AECOM, and other cooperating agencies have continued to make steady progress reviewing the PRO, baseline data, public comments and additional information they requested for review. The USFS recently advised Midas Gold they anticipate issuing a draft EIS for public comment in February 2019 with the target date of an approved Final ROD in March 2020. Regulators want to ensure they meet the regulatory requirements to support a robust and defensible Record of Decision. They are requesting additional data, evaluating the thoroughness of the environmental impact analysis, while ensuring alternative development scenarios are carefully considered. To date, Midas Gold has received 97 requests for additional information (“RFAI”) and provided the requested information to 91 RFAIs, with six in progress and scheduled to be delivered in July. The updated schedule reflects a number of minor adjustments to both the baseline analysis and alternatives development processes in order to accommodate thorough and comprehensive evaluations of the information provided in response to RFAIs.

“Even with updates to the schedule, the review process continues to move forward at a reassuring pace, in large part due to the cooperation of agencies involved in the Stibnite Joint Review Process,” said Laurel Sayer, CEO of Midas Gold Idaho, Inc., the project operator. “The Stibnite Gold Project has the potential to bring hundreds of well-paying jobs to rural Idaho, hundreds of millions of dollars of investment into the state and restore a region that has experienced extensive impacts from historical mining-related activities. With all of these benefits, we look forward to continuing to move the project forward.”

Next Steps in the Regulatory Process
The USFS, on behalf of the various regulatory agencies, is currently completing the alternatives assessment and environmental analysis as required by NEPA. The assessment and analysis are the core of the review process for the Stibnite Gold Project and will provide the basis for drafting of the EIS.

The next opportunity for public review and comment will come when the agencies release the Draft EIS, which is now anticipated to take place February 2019. After the comment period, the USFS and cooperating agencies will produce the Final EIS and a Draft ROD as well as respond to all public comments on the Draft EIS. Upon publication of the Final EIS, there will be a short period for objections and resolution before a Final ROD is published. A positive final decision would allow Midas Gold to seek the issuance of the final permits that are dependent on the ROD being issued.

Community Engagement
In parallel with the formal NEPA process, Midas Gold is continuing its extensive community and stakeholder engagement process, which has been underway for several years, meeting with local communities in various settings and providing tours to the site to demonstrate the extent of the historical disturbance in the district and Midas Gold’s comprehensive plans to remediate and restore the site.

Stibnite Gold Project Permitting Background
In September of 2016, Midas Gold Idaho, Inc. submitted its PRO for the restoration, re-development and operation of the Stibnite Gold Project in Valley County, Idaho. The PRO was deemed administratively complete by the USFS in December 2016, the scoping process was completed in July 2017 and the environmental analysis and alternatives assessment is currently nearing completion.

Guest User 5/22/18 Guest User 5/22/18

MIDAS GOLD INCREASES BOARD SIZE TO EIGHT & APPOINTS AN ADDITIONAL DIRECTOR

Senior Barrick Executive, Mark Hill, Appointed to the Board of Directors

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has increased the size of its board of directors from seven to eight and appointed Mark Hill, Chief Investment Officer with Barrick Gold Corporation (NYSE:ABX / TSX:ABX) (“Barrick”) to fill the additional position. The increase in board size and the appointment of a Barrick nominee to the board of directors is in accordance with the terms of the investor rights agreement entered into with Barrick in conjunction with the strategic investment by Barrick in Midas Gold that was completed on May 16, 2018.

“We welcome Mr. Hill to the board of directors of Midas Gold and look forward to his input and guidance,” said Peter Nixon, Chairman of Midas Gold’s Board of Directors. “Mr. Hill has extensive technical, investment and senior management experience at senior levels in the mining industry, which experience will be beneficial as we continue to advance our Stibnite Gold Project towards completion of a feasibility study and permitting for restoration and redevelopment.”

Additional Details

Mark Hill was appointed Chief Investment Officer for Barrick in September 2016, this is a new position that ensures a high degree of consistency and rigor is applied to all capital allocation decisions at Barrick. Mr. Hill chairs Barrick’s Investment Committee, bringing added technical experience to the investment review process. He is also a member of the Company’s Executive Committee, as well as Barrick’s Growth Group, and oversees an Evaluations team that independently scrutinizes proposed expenditures before they go to the Investment Committee. Mr. Hill has more than 25 years of experience in the mining industry. He re-joined Barrick after four years at Waterton Global Resource Management, where he was a partner and Head of Mining. Mr. Hill’s prior positions at Barrick included Vice President, Evaluations, and Vice President, Capital Projects. He has also held senior positions with BHP Billiton, AngloGold Ashanti, Placer Dome, and WMC Ltd. Mr. Hill holds a Bachelor’s degree in Mining Engineering, and a Graduate Diploma in Mineral Economics.

Forward-Looking Information

Guest User 5/16/18 Guest User 5/16/18

BARRICK COMPLETES STRATEGIC INVESTMENT IN MIDAS GOLD TO ADVANCE THE STIBNITE GOLD PROJECT, IDAHO

Barrick invests US$38 million to purchase 19.9% interest at C$1.06 per share

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that Barrick Gold Corporation (NYSE:ABX / TSX:ABX) (“Barrick”) has purchased 46,551,731 common shares of Midas Gold in a non-brokered private placement (the “Placement”) at a price of C$1.06 per share for gross proceeds of US$38,065,907. As a result of the Placement, Barrick owns 19.9% of the issued and outstanding shares in Midas Gold on closing.

Barrick’s investment supports Midas Gold’s continued efforts to complete a feasibility study and permitting of the Stibnite Gold Project, a world class mining operation that can address legacy environmental impacts and generate economic benefits for the local community.

Transaction Details

Additional transaction details can be found in Midas Gold’s news release dated May 9, 2018 and in Midas Gold’s filings made on SEDAR, available at www.sedar.com.

Advisors

Haywood Securities Inc. acted as financial advisor to Midas Gold. DuMoulin Black LLP acted as Canadian legal counsel to Midas Gold and Davies Ward Phillips & Vineberg LLP acted as Canadian legal counsel to Barrick.

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 development of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by its Stibnite Gold Project. As operator of the Project, Midas Gold’s subsidiary, Midas Gold Idaho, Inc. is a modern mining company that believes that industry and the environment can work together. Commencing in 2009, Midas Gold defined a world-class deposit of gold and antimony in an area in need of serious environmental repair. The Stibnite Gold Project, as proposed in the Plan of Restoration and Operations currently being reviewed by regulators, would restore the site, create economic opportunity and benefit the surrounding communities.

About Barrick Gold

Barrick aims to be the leading mining company focused on gold, creating value by developing and operating high-quality assets in an environmentally responsible way that demonstrates commitment to the local communities. Through strategic investment in good projects and operational excellence, Barrick’s vision is to use responsible mining to build wealth for its owners, its people, and the countries and communities with which they partner. Barrick has mining operations in Argentina, Australia, Canada, Chile, Dominican Republic, Papua New Guinea, Peru, Saudi Arabia, the United States, and Zambia. Barrick was founded in 1983 and is headquartered in Toronto. Barrick’s shares trade on the New York Stock Exchange and the Toronto Stock Exchange under the symbol ABX.

Forward-Looking Information

Guest User 5/9/18 Guest User 5/9/18

BARRICK MAKES STRATEGIC INVESTMENT IN MIDAS GOLD TO ADVANCE THE STIBNITE GOLD PROJECT, IDAHO

Barrick to invest US$38 million to purchase 19.9% interest at C$1.06 per share

*** Not for distribution to United States newswire services or for dissemination in the United States***

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has entered into an agreement with Barrick Gold Corporation (NYSE:ABX / TSX:ABX) (“Barrick”) whereby Barrick will purchase 46,551,731 common shares of Midas Gold in a non-brokered private placement (the “Placement”) at a price of C$1.06 per share for gross proceeds of US$38,065,907. The Placement will result in Barrick owning 19.9% of the issued and outstanding shares in Midas Gold on a post-transaction basis. Barrick’s investment supports Midas Gold’s continued efforts to permit the Stibnite Gold Project, so that we can build and operate a world class mining operation that addresses legacy environmental impacts and generate economic benefits to the local community.

“Midas Gold is in the midst of advancing the Stibnite Gold Project through completion of a feasibility study and permitting for site restoration and redevelopment,” said Stephen Quin, President & CEO of Midas Gold. “With our detailed plan for site restoration and protection of the environment, a large, long-life and low-cost operation, and a comprehensive proposal for the closure and reclamation of the site, Midas Gold is positioned to complete the critical milestones of feasibility study and permitting. Barrick shares Midas Gold’s vision for the restoration of the site and focus on community engagement. We believe Barrick’s extensive expertise and its core values, focused on environmental sustainability, make us natural partners.”

“Midas Gold’s Stibnite Gold Project in Idaho offers a compelling investment proposition, with low geopolitical risk, potential for production of over 300,000 ounces of gold per year at competitive operating costs, and exploration upside,” said Barrick President Kelvin Dushnisky. “We are also impressed with the emphasis that Midas Gold has placed on building partnerships with local communities and share their strong commitment to environmental stewardship. We look forward to working with the Midas Gold team to explore opportunities to enhance the value of the project for all partners.”

Use of Proceeds

Midas Gold will use the proceeds from the Placement to advance its Stibnite Gold Project (the “Project”) through to completion of a feasibility study and permitting of the Project for redevelopment and restoration.

During the past five years, Midas Gold has conducted extensive, multi-year environmental baseline programs to determine and define existing environmental conditions at this brownfields site, while reaching out to communities of interest for their views and perspectives regarding a future for the Stibnite Gold Project site and the local area. Midas Gold has focused on the remediation and repair of the historical disturbance at the site during the construction and operating periods, incorporating concurrent reclamation and minimizing new disturbance. Midas Gold’s goal is to protect the environment and provide stable and secure features that will serve as the foundation for a long‐term productive and naturally sustainable ecosystem that incorporates permanent fish passage through the area for the first time since the 1930s. The ultimate objective is the permanent restoration of the site, funded by a long-life, financially rewarding operation that generates significant economic benefits to the local communities of Valley County, the State of Idaho and the U.S.

In December 2014, Midas Gold completed a preliminary feasibility study which identified an environmentally sound and economically feasible Project that could also finance the restoration of what is an extensively disturbed brownfields site. Midas Gold has since: (i) extensively engaged with local communities and other stakeholders in respect of the redevelopment and site restoration concepts for the Project; (ii) completed a number of optimization and risk reduction technical studies that would be required to support a feasibility study and/or the permit application; (iii) in September 2016, filed a Plan of Restoration and Operations for the redevelopment of the Project: (iv) commenced work towards completion of a feasibility study for the Project: and, (v) worked extensively with regulators to advance the permitting process for the Project.

Transaction Details

In connection with the Strategic Investment, Midas Gold and Barrick will enter into an investor rights agreement on closing of the offering, whereby, so long as Barrick maintains a minimum of 10% ownership in Midas Gold, Barrick will be granted:

The right to appoint one director to Midas Gold’s Board of Directors;

A right to participate in future Midas Gold equity issuances to maintain its then current pro rata interest in Midas Gold;

Certain top-up rights in connection with Midas Gold’s outstanding convertible notes, to maintain its then current pro rata interest in Midas Gold by undertaking additional funding; and

A right of first refusal in respect of gold concentrates.

In addition, Midas Gold will be increasing the number of directors on its board from seven to eight and will be appointing an independent director to fill that position.

Paulson & Co. and Teck Resources Limited have both provided notice to Midas Gold that they do not intend to exercise their anti-dilution rights in respect of this transaction.

Advisors

Haywood Securities Inc. is acting as financial advisor to Midas Gold. DuMoulin Black LLP is acting as Canadian legal counsel to Midas Gold and Davies Ward, Phillips & Vineberg LLP is acting as Canadian legal counsel to Barrick.

This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold within the United States unless an exemption from such registration is available.

About Midas Gold and the Stibnite Gold Project

About Barrick Gold

Forward-Looking Information

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; and the plans for completion of the Placement, expected use of proceeds and business objectives. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Midas Gold has attempted to identify important factors that could affect Midas Gold and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended, including, without limitation, the risks and uncertainties related to the Placement not being completed in the event that the conditions precedent thereto are not satisfied; uncertainties related to raising sufficient financing in a timely manner and on acceptable terms. In making the forward-looking statements in this news release, Midas Gold has applied several material assumptions, including the assumptions that (1) the conditions precedent to completion of the Placement will be fulfilled so as to permit the Placement to be completed on or about May 15, 2018; (2) all necessary approvals and consents in respect of the Placement will be obtained in a timely manner and on acceptable terms; and (3) general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Guest User 5/9/18 Guest User 5/9/18

MIDAS GOLD REPORTS RESULTS OF ANNUAL GENERAL MEETING

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced the results of its annual general meeting (the “AGM”), which was held in Vancouver on May 9, 2018. Following the meeting, Stephen Quin, President and CEO, provided those present with an overview of the Company’s progress over the past year and its plans going forward.

Annual General Meeting Voting Result

A total of 104,869,856 million common shares were represented at the AGM, or 56.02% of the votes attached to all outstanding shares at the Company’s record date of March 20, 2018. The Company’s shareholders voted in favour of the election of all director nominees listed in the Company’s management information proxy circular. Detailed results of the vote for the election of directors are as follows:

Name of Nominee	Votes For	Votes Withheld	Total Votes*	Percentage of Votes For*	Percentage of Votes Withheld*
Keith Allred	68,490,636	145,237	68,635,873	99.79%	0.21%
Michael Bogert	68,471,165	164,708	68,635,873	99.76%	0.24%
Marcelo Kim	68,187,301	448,572	68,635,873	99.35%	0.65%
Peter Nixon	68,521,120	114,753	68,635,873	99.83%	0.17%
Stephen Quin	68,503,273	132,600	68,635,873	99.81%	0.19%
Javier Schiffrin	68,195,569	440,304	68,635,873	99.36%	0.64%
Donald Young	68,524,873	111,000	68,635,873	99.84%	0.16%

* Not all shares were voted in respect of all motions therefore the combined number of shares voted for or withheld may not add up to the total votes represented at the meeting.

The directors were elected to hold offices until the next annual meeting of shareholders or until their successors are elected or appointed.

The Company’s shareholders also approved the appointment of Deloitte LLP, Chartered Accountants, as the auditors of the Company for the fiscal year ending December 31, 2018 (99.54% voted in favour).

Detailed voting results for the meeting are available on SEDAR at www.sedar.com.

Corporate Update

Following the AGM, Stephen Quin, President & CEO of Midas Gold Corp. provided an update in respect of the Stibnite Gold Project, noting progress on advancing the project towards completion of a feasibility study and advancing the regulatory assessment process for site restoration and mine development. Mr. Quin emphasized opportunities to optimize the proposed development, and the value creation opportunity afforded to shareholders through the successful realization of these opportunities.

About Midas Gold and the Stibnite Gold Project

Forward-Looking Information

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, next steps and courses of action including actions to be taken by the U.S. Forest Service, the State of Idaho and other government agencies and regulatory bodies. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates”, “potential”, or “does not anticipate”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” “be achieved”. In preparing the Forward-Looking Information in this news release, Midas Gold has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; that the formal review process under the NEPA (including a joint review process involving the U.S. Forest Services, the State of Idaho and other agencies and regulatory bodies) as well as the public comment period, scoping process and EIS will proceed in a timely manner and as expected; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Midas Gold to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, changes in laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may result in unforeseen results in the review process under the NEPA; uncertainty surrounding input to be received pursuant to the scoping process including but not limited to the public comment period; risks related to dependence on key personnel; risks related to unforeseen delays in the review process including availability of personnel from the US Forest Services, State of Idaho and other agencies and regulatory bodies; as well as those factors discussed in Midas Gold’s public disclosure record. Although Midas Gold has attempted to identify important factors that could affect Midas Gold and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Guest User 3/21/18 Guest User 3/21/18

MIDAS GOLD CORP. REPORTS CHANGES TO ITS BOARD OF DIRECTORS

Javier Shiffrin Joins Board as Paulson & Co. nominee following Victor Flores resignation

VANCOUVER, BRITISH COLUMBIA - Midas Gold Corp. (TSX:MAX / OTCQX:MDRPF) today reported that it has appointed Javier Shiffrin, Senior Vice President, Paulson & Co. Inc., to its board of directors following the resignation of Victor Flores. Mr. Schiffrin was nominated by Paulson & Co. under the investor rights agreement entered into with Midas Gold in relation to the March 2016 financing that was backstopped by Paulson & Co. Mr. Flores had been appointed to the board in 2016 as one of Paulson & Co.’s two nominees under that agreement.

“We welcome Mr. Schiffrin to the board of directors of Midas Gold and look forward to working with him and the other directors to oversee the advancement of the Stibnite Gold Project in Idaho,” said Peter Nixon, Chairman of the board of Midas Gold Corp. “We also thank Mr. Flores for his service as a director of Midas Gold and for his contributions to the progress we have made over the past two years. Mr. Flores was instrumental in negotiating the 2016 financing that allowed us to advance into the permitting process and commence the feasibility study for the redevelopment and restoration of the former mine site at Stibnite.”

“Paulson & Co. continues to value its investment in Midas Gold, which controls a world class gold project in Idaho. We look forward to our continued engagement with the other board members in advancing the Stibnite Gold Project through the completion of a feasibility study and the permitting process for the restoration and redevelopment of the Stibnite Gold Project site,” said Marcelo Kim, Partner at Paulson & Co., and a director of Midas Gold Corp.

Mr. Schiffrin is a Senior Vice President at Paulson & Co., with a focus on distressed debt investments and restructurings. Prior to that he was an Executive Director & Restructuring Specialist at Macquarie Capital, and a Restructuring Attorney at Kirkland & Ellis. He is a graduate of McGill University where he earned a Bachelor of Arts, First Class Honors; and Columbia Law School where he earned a Juris Doctorate and was a James Kent Scholar. Mr. Schiffrin holds both US and Canadian citizenship.

About Midas Gold
Midas Gold Corp., through its wholly owned subsidiaries Midas Gold Idaho, Inc., Idaho Gold Resources, LLC and Stibnite Gold Company, is focused on the exploration and, if warranted, redevelopment of deposits in the Stibnite-Yellow Pine district of central Idaho that comprise the Stibnite Gold Project. Project operator, Midas Gold Idaho, Inc. believes industry and the environment can work together to restore the site, create economic opportunity and benefit the surrounding community. Currently, the company is working with the U.S. Forest Service and other regulatory agencies to permit the redevelopment and restoration of the project site while also advancing the completion of a feasibility study.

Guest User 2/22/18 Guest User 2/22/18

IDAHO LAWMAKERS ENCOURAGE US PRESIDENT & FEDERAL OFFICIALS TO MOVE STIBNITE GOLD PROJECT FORWARD

Joint House Memorial looks for a Timely and Cost-effective Process

VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (TSX:MAX / OTCQX:MDRPF) today reported that Idaho’s House of Representatives and Senate passed, with overwhelming support, a joint memorial asking the President of the United States, Idaho’s congressional delegation, the Administrator of the Environmental Protection Agency, the Secretary of the Interior and the Secretary of Agriculture to take the steps necessary to approve Midas Gold’s Stibnite Gold Project (“Project”) in a timely and cost-effective manner. Seventy-one lawmakers signed on as co-sponsors of the joint memorial (the “Memorial”), including leadership in the Republican and Democrat caucuses in both houses. Midas Gold is currently working with the U.S. Forest Service and other federal, state and local agencies to redevelop a portion of the historic Stibnite Mining District and reclaim and restore areas that have been impacted by legacy mining operations.

“We appreciate the unprecedented support we’ve received from Idaho’s Republicans and Democrats and thank them for their request for a timely review and approval of the Stibnite Gold Project,” said Laurel Sayer, CEO of Midas Gold Idaho, the Project operator. “We strongly believe that every step of the process must take place, from a full regulatory review in compliance with the National Environmental Policy Act to gathering input from Idahoans. Permitting a mine in the U.S. can take considerably longer than other countries with comparable environmental standards; a timely review would allow environmental restoration work to commence sooner and economic development to benefit the local communities, Idaho and the nation.”

“The Stibnite Gold Project will be an economic win for Idaho and provide a huge opportunity for many families in my district and across the state,” said Representative Terry Gestrin (R-Donnelly), lead sponsor of the memorial. “The Project will be a $1 billion investment in Idaho and bring hundreds of well-paying jobs to rural communities. These are jobs and this is an industry that people in Idaho welcome.”

Site History & Restoration Solutions

The Stibnite Mining District was abandoned after more than a century of mining activity prior to Midas Gold becoming involved in the area. Much of the mining disturbance took place in the 1920s to 1950s, well before modern state and federal regulations existed, so the area was never properly reclaimed. Today, millions of tons of unconstrained tailings remain at the site, native fish have been unable to swim through the site for more than 80 years and waterways and water conditions in the East Fork of the South Fork of the Salmon River are impaired. With modern mining techniques, Midas Gold can redevelop the site and finally restore it, correcting the legacies of the past. The plan of restoration and operations filed with the US Forest Service in September 2016 outlines how Midas Gold will reconnect salmon to their native spawning grounds, rehabilitate 13-miles of stream channels, and improve water quality in the area by reducing erosion from disturbed areas, reprocessing and safely storing the tailings that are a likely source of metals leaching into surface and groundwater.

“Midas Gold’s plan of restoration and operations for the Stibnite Gold Project presents a unique opportunity for industry to work with the environmental community and regulators to repair the legacy of historical mining activities and restore a site impacted by past mining,” said Stephen Quin, President & CEO of Midas Gold Corp. “Having the support of the community and the bipartisan support expressed by both houses in this Memorial is a recognition of this potential for shared goals and a collaborative approach to the future benefit of both the economy and the environment.”

Bonding

In its plan of restoration and operations, Midas Gold has prioritized the repair and restoration of legacy impacts. In addition, regulations in place today would require Midas Gold to set aside the funds necessary to cover the cost of environmental cleanup before restarting mining. This ensures that, even if the unexpected happens, the historic Stibnite Mining District would finally be restored. However, without the Project, and the private investment it brings, there is little hope on the horizon that Stibnite will be restored.

Critical Metals

The Stibnite Gold Project will produce gold, silver and antimony. Antimony is considered a critical mineral for the United States because of its use in flame retardants and as a metal strengthener – which makes it essential to the defense and energy sectors. When permitted, the Stibnite Gold Project would be the only domestic source of mined antimony. The U.S. currently imports most of this mineral from China – which controls over 80 percent of the world’s antimony production. According to the U.S. Geologic Survey, American dependence on foreign minerals has doubled in the last 20 years.

The Memorial

In the joint House and Senate Memorial Idaho lawmakers sent to the President and other federal officials today, they wrote that they believe that Midas Gold’s commitment to mine in a way that restores and protects the environment can serve as a global template for the industry. The Memorial also recognized Midas Gold’s involvement in the community, commitment to building a mine that will help the community and the environment, and the dedication to being a partner with local communities proves Midas Gold has the right team to undertake this Project. They ended the memorial by asking federal agencies to commit adequate resources and knowledgeable staff to thoroughly review the Company’s plan under the National Environmental Policy Act requirements and to move forward to approve the Stibnite Gold Project in a timely and cost-effective manner to permit the redevelopment and restoration of the site.

Timing

Currently, Midas Gold expects the next comment period on their plan of restoration and operations to be around the end of 2018.

More Information

Details of the previous news releases, the Project and the 2014 Preliminary Feasibility Study can be found filed under Midas Gold’s profile on SEDAR (www.sedar.com) or at www.midasgoldcorp.com. A copy of Midas Gold’s Plan of Restoration and Operations can also be found on Midas Gold Idaho’s website at www.midsagoldidaho.com.

About Midas Gold
Midas Gold Corp., through its wholly owned subsidiaries Midas Gold Idaho, Inc., Idaho Gold Resources, LLC and Stibnite Gold Company, is focused on the exploration and, if warranted, development of deposits in the Stibnite‐Yellow Pine district of central Idaho that comprise the Stibnite Gold Project. The principal gold deposits identified to date within the Project are the Hangar Flats, West End and Yellow Pine deposits, all of which are associated with important structural corridors, as well as a mineral resource contained in Historic Tailings.

As operator of the Project, Midas Gold Idaho is a modern mining company that believes industry and the environment can work together. In 2011, the Donnelly-based company defined a world-class deposit of gold and antimony in an area in need of serious environmental repair. Midas Gold Idaho’s Stibnite Gold Project would restore the site, create economic opportunity and benefit the surrounding community. Currently, the company is working with the U.S. Forest Service to permit the Project.

Forward-Looking Information
Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action including actions taken with the goal of improving, expanding and de-risking previously defined mineral resources; the timing and availability of future drill results; the potential for antimony production from the Project; the anticipated completion of a feasibility study and filing of a NI 43-101 technical report in conjunction therewith; potential sites for additional drilling that could result in potential improved confidence, enhanced economic returns and/or extending higher grade areas. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “once”, “estimates”, “potential”, “confirm”, “if” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” “be achieved”. In preparing the Forward-Looking Information in this news release, Midas Gold Corp. (the “Corporation”) has applied several material assumptions, including, but not limited to, that pending drill results will be available in a timely manner without undue delay; that areas identified as potential sites for additional drilling will yield results consistent with management’s expectations based on the 2014 PFS; any additional financing needed will be available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent with the Corporation’s expectations; that the current objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that the current price and demand for gold will be sustained or will improve; that general business and economic conditions will not change in a materially adverse manner and that all necessary governmental approvals for the planned activities on the Stibnite Gold Project will be obtained in a timely manner and on acceptable terms; the continuity of the price of gold and other metals, economic and political conditions and operations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, the industry-wide risks and project-specific risks identified in the 2014 PFS and summarized above; risks related to the availability of financing on commercially reasonable terms; operations and contractual obligations; changes in exploration programs based upon results of exploration, including drill results; changes in estimated mineral reserves or mineral resources; future prices of metals; availability of third party contractors; availability of equipment; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; environmental risks, including environmental matters under US federal and Idaho rules and regulations; impact of environmental remediation requirements and the terms of existing and potential consent decrees on the Corporation’s planned exploration and development activities on the Stibnite Gold Project; certainty of mineral title; community relations; delays in obtaining governmental approvals or financing; fluctuations in mineral prices; the Corporation’s dependence on one mineral project; the nature of mineral exploration and mining and the uncertain commercial viability of certain mineral deposits; the Corporation’s lack of operating revenues; governmental regulations and the ability to obtain necessary licenses and permits; risks related to mineral properties being subject to prior unregistered agreements, transfers or claims and other defects in title; currency fluctuations; changes in environmental laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may increase costs of doing business and restrict operations; risks related to dependence on key personnel; and estimates used in financial statements proving to be incorrect; as well as those factors discussed in the Corporation’s public disclosure record. Although the Corporation has attempted to identify important factors that could affect the Corporation and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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