Midas Gold Corp. announced the transition of five members the Company's current Board of Directors to five new, independent directors who will assist the Company in moving the Stibnite Gold Project through the remaining phase of permitting under the National Environmental Policy Act and into construction and operations. As part of the agreement, Stephen Quin has resigned as President and a director of the Company and has been succeeded by Ms. Laurel Sayer, currently President and CEO of the Company's wholly-owned subsidiary, Midas Gold Idaho Inc. The transition agreement results in the resignation from the Board of the following members: Keith Allred, Jaimie Donovan, Brad Doores, Jon Goode, and Peter Nixon, effective December 4, 2020. In their roles as the remaining two directors of the Company, Marcelo Kim and Chris Papagianis appointed the following five independent directors to fill Board vacancies: Bob Dean, David Deisley, Jeff Malmen, Chris Robison and Alex Sternhell. In addition to being named President and CEO of Midas Gold, Laurel Sayer has also been appointed a director of the Company. Mr. Bob Dean is a Board Member of Natural Intelligence Systems Inc., an Advisory Committee Member at Greybull Stewardship, and serves as a Board Member of several non-profits including Trailhead Boise, MoFi, and Ramapo for Children. Mr. David Deisley was the Executive Vice President, Corporate Affairs and General Counsel for Goldcorp and previously worked at Barrick Gold. Jeff Malmen is the Vice Chairman of the Idaho Association of Commerce and Industry and Board Member of the Idaho Mining Association. Chris Robison, who resides in Denver, Colorado and was most recently Chief Operating Officer for Newmont Mining. Laurel Sayer, based in Boise, Idaho has served as President and CEO of Midas Gold Idaho, since 2016. Alex Sternhell, based in Chevy Chase, Maryland, is one of the top Washington strategists and lobbyists helping to shape U.S. public policy as Principal of the Sternhell Group.