There are several gold deposits located within the Golden Meadows Project ("Golden Meadows" or the "Project") located near the historic mining town of Stibnite, Idaho. The major known deposits are located principally within patented federal lode claims. The Hangar Flats, Yellow Pine and West End deposits were the site of past mining activity, which occured intermittently from 1925 through 1997. The Golden Meadows project is centered about Latitude/Longitude coordinates 44° 54'04"N and 115° 20'19"W. The property lies about 153km northeast of Boise, Idaho, 64km east of McCall, Idaho, and about 16km east of Yellow Pine, Idaho. The Midas property holdings consists of approximately 10,698 hectares of unpatented and patented claims.