HAMMER METALS LIMITED — Director's Dealing 2007

Aug 8, 2007

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

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
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
Date of last notice	5 January2007

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 interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.		Relevant interest in:- Boyer Exploration & Resource ManagementP/L
Date of change		9 August 2007
No. of securities held prior to changeD BoyerBoyer Exploration & Resource Management P/LD Boyer<DB Family A/C>Goldwork Corporation P/L atf D Boyer Super FundD Boyer <DB Family A/C>Goldwork Corporation P/L atf D Boyer Super FundBoyer Exploration & Resource Management P/LD Boyer		Fully Paid Ordinary Shares:638,897467,5937,797,979262,5009,166,969Options to acquire Ordinary Shares195,000 10c (30/09/2009) Listed87,500 10c (30/09/2009) Listed467,593 10c (30/09/2009) Listed638,897 10c (30/09/2009) Listed250,000 10c (29/11/2011) Unlisted
Class		Shares
Number acquired		100,000
Number disposed		Nil

• See chapter 19 for defined terms.

09/08/2007

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		$10,000
No. of securities held after changeD BoyerBoyer Exploration & Resource Management P/LD Boyer<DB Family A/C>Goldwork Corporation P/L atf D Boyer Super FundD Boyer <DB Family A/C>Goldwork Corporation P/L atf D Boyer Super FundBoyer Exploration & Resource Management P/LD Boyer					Fully Paid Ordinary Shares:
					638897
			P/Ler Fund		,467,5937,897,979262,500
					9,266,969
	ue				Options to acquire Ordinary Shares195,000 10c (30/09/2009) Listed
		per Fund			87,500 10c (30/09/2009) Listed
		nt P/L			467,593 10c (30/09/2009) Listed638,897 10c (30/09/2009) Listed250,000 10c (29/11/2011) Unlisted
Nature of changeExample: on-market trade, off-market trade, exercise of osecurities under dividend reinvestment plan, participation		i i f			On market purchase
	pin	ons, ssue obuy-back
	rests in contracts
	h ii f h dfiii f “ifibl i f di” hld b

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	Nil
Nature of interest		-
Name of registered holder(if issued securities)	-
Date of change	-
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	-
Interest after change	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002