Jacobs Selected by Midway Gold Corporation for Nevada Mining Project

PASADENA, Calif. -- (BUSINESS WIRE) -- Aug. 21, 2012 -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been selected by Midway Gold Corp. (Midway) (NYSE:MKT:MDW) for front-end engineering of infrastructure related to the Pan Mine Project in White Pine County, Nevada.

Officials did not disclose the contract value.

Jacobs' scope of work involves delivering front-end engineering services for the mine infrastructure including buildings, roads, electrical and water supply at Midway's first producing gold mine. The Pan Project is an oxidized, Carlin-style gold deposit mineable by shallow open pit methods and treatable by heap leaching.

In making the announcement, Jacobs Group Vice President Andy Kremer stated, "We are delighted that Midway has selected Jacobs for this significant project. One of our key strengths is our ability to leverage our infrastructure capabilities to serve our clients in the mining and minerals industry."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2011 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Michelle Jones, 626-578-6968