Midas Gold Reports High Grade Au-Sb-Ag-W Mineralization at its Golden Meadows Project, Idaho

Midas Gold Corp. today announced further assay results from its ongoing exploration and definition core and reverse circulation ("RC") drilling program on the Hangar Flats and Yellow Pine deposits at its Golden Meadows Project, Idaho. Previously reported 2011 assay results can be reviewed on the Corporation's web site. Newly received results are summarized in Table 1, below, and highlight the discovery of new areas of high grade gold-silver-antimony +/- tungsten mineralization within the Hangar Flats and Yellow Pine deposits. Complete results are tabulated in Table 2 attached at the end of this news release.

HIGHLIGHTS

--  MGI-11-057 intersects 175.9m of 2.56g/t Au, 2.4g/t Ag and 0.22% Sb,
    including higher grade intervals 
--  MGI-11-134 intersects 23.3m of 2.12g/t Au and 332g/t Ag including 2.4m
    of 1.4g/t Au, 3,160g/t Ag, 0.15% Sb and 0.85% W 
--  MGI-11-152 intersects 22.9m of 4.91g/t Au and 1.9g/t Ag 
--  MGI-11-159 intersects 44.2m of 2.04g/t Au, 4.7g/t Ag and 0.43% Sb

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