HAMMER METALS LIMITED — Director's Dealing 2006

Oct 4, 2006

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.

	Name of entity MIDAS RESOURCES LIMITED
IA BN	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
Date of last notice	4 January 2006

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect inferest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Relevant interest in: - Boyer Exploration & Resource Management $P/I$ .
Date of change	03 October 2006
No. of securities held prior to change D Boyer D Boyer Goldwork Corporation P/L at fD Boyer Super Fund Boyer Exploration & Resource Management P/L D Boyer Goldwork Corporation P/L atf D Boyer Super Fund	Fully Paid Ordinary Shares: 1.277,794 390,000 175,000 935,185 2,777,979 Options to acquire Ordinary Share 30,000 25c (01/12/2006) Listed 87,500 25c (01/12/2006) Listed
Class	Fully paid Ordinary Shares
Number acquired	Nil
Number disposed Boyer Exploration - 935,185 D Boyer - 1,277,794 Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Transfer to $\triangle$ DB Family A/C> Transfer to 6 cents per share

⁺ See chapter 19 for defined terms.

No. of securities held after change	Fully Paid Ordinary Shares:
D Boyer	2,602,979
Goldwork Corporation P/L atf D Boyer Super Fund	175,000 2,777,979
D Boyer $\leq$ DB Family A/C $\geq$ Goldwork Corporation P/L atf D Boyer Super Fund	Options to acquire Ordinary Shares 30,000 25c (01/12/2006) Listed 87,500 25c (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	Off-market trade

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	Nil
Nature of interest	۰
Name of registered holder (if issued securities)
Date of change	$\blacksquare$
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired	۰
Interest disposed	$\blacksquare$
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

$+$ See chapter 19 for defined terms.