HAMMER METALS LIMITED — Director's Dealing 2008

Jun 2, 2008

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.

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	Geoff Balfe
Date of last notice	18 October 2007

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.	Mr Balfe has a relevant interest in Needmore Investments Pty Ltd and Avanteos Investments Ltd.
Date of change	28 May 2008
No. of securities held prior to change	Direct 2,500,000 unlisted options expiring 29/11/11 Indirect 467,636 shares 100,000 listed options (MDSOA) expiring 30/9/09
Class	Shares (MDSOA) Listed options (MDSOB) expiring 28/5/11
Number acquired	383,611 MDS 383,611 MDSOB
Number disposed	Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	$23,017

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct 2,500,000 unlisted options expiring 29/11/11 Indirect 851,247 shares 100,000 listed options (MDSOA) expiring 30/9/09 383,611 listed options (MDSOB) expiring 28/5/11
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Purchase of shares and attaching options in Rights Issue

Part 2 – Change of director’s interests in contracts

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest disposed Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

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.

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 Terry Streeter

Date of last notice 18 October 2007

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Streeter has a relevant interest in Jungle Creek Gold Mines Pty Ltd and Velsberry Pty Ltd
Date of change	28 May 2008
No. of securities held prior to change Jungle Creek Gold Mines Pty Ltd Velsberry Pty Ltd	31,995,833 ordinary shares 8,354,672 listed options (MDSOA) expiring 30/09/09 250,000 unlisted options expiring 29/11/11
Class	Shares (MDS) Listed options (MDSOB) expiring 28/5/11
Number acquired	11,009,267 MDS 11,009,267 MDSOB
Number disposed	Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	$660,556

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Jungle Creek Gold Mines Pty Ltd Velsberry Pty Ltd	31,995,833 ordinary shares 8,354,672 listed options (MDSOA) expiring 30/09/09 11,009,267 ordinary shares 250,000 unlisted options expiring 29/11/11 11,009,267 listed options (MDSOB) expiring 28/5/11
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Purchase of shares and attaching options in Rights Issue

Part 2 – Change of director’s interests in contracts

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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest disposed
Value/Consideration
Note: If consideration is non‐cash, provide
details and an estimated valuation
Interest after change
----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001