Exhibit 21

Key Subsidiaries of Midway Gold Corp.

A 100% interest in Midway Gold US Inc., a Nevada corporation

A 100% interest in Pan-Nevada Gold Corporation, a British Columbia corporation

A 100% interest in GEH (B.C.) Holding Inc. a British Columbia corporation which in turn owns 100% of GEH (U.S.) Holding Inc. a Nevada corporation which in turn owns 100% of Golden Eagle Holding Inc. a Washington corporation