HAMMER METALS LIMITED — Director's Dealing 2005

Apr 19, 2005

Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity	Midas Resources Limited
ABN	87 095 092 158

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

∣ Name of Director⊹	David Donald Boyer
l Date of last notice.	21 March 2005

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Relevant interest in: Goldwork Corporation Pty Ltd as trustee for D Boyer Super Fund; Exploration & Boyer Resources Management Pty Ltd
Date of change	18 April 2005
No. of securities held prior to change D Boyer D Boyer D Boyer Super Boyer Exploration & Resources Management	Fully Paid Ordinary Shares: 1,277,794 160,000 175,000 935,185 2,547,979
D Boyer D Boyer D Boyer D Boyer Super	Options to acquire Ordinary Shares 600,000 20 cents (31/12/2005) Unlisted 2,187,500 20 cents (01/03/2006) Unlisted 25,000 25 cents (01/12/2006) Listed 87,500 25 cents (01/12/2006) Listed

⁺ See chapter 19 for defined terms.

Class	Fully paid ordinary shares
Number acquired	120,000 fully paid ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$10,085
No. of securities held after change	Fully Paid Ordinary Shares:
D Boyer	1,277,794
D Boyer	280,000
D Boyer Super	175,000
Boyer Exploration & Resources Management	935,185
	2,667,979
D Boyer	Options to acquire Ordinary Shares 600,000 20 cents (31/12/2005) Unlisted
D Boyer	2,187,500 20 cents (01/03/2006) Unlisted
D Boyer	25,000 25 cents (01/12/2006) Listed
D Boyer Super	87,500 25 cents (01/12/2006) Listed
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

⁺ See chapter 19 for defined terms.