HAMMER METALS LIMITED — Director's Dealing 2009

Nov 19, 2009

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 October 2009

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 relevant interest.		Relevant interest in: -Boyer Exploration & Resource Management P/L
Date of change		18 November 2009
No. of securities held prior to change D Boyer Boyer Exploration & Resource Management P/L D Boyer Goldwork Corporation P/L atf D Boyer Super Fund Goldwork Corporation P/L atf D Boyer Super Fund D Boyer Boyer Exploration & Resource Management P/L D Boyer		Fully Paid Ordinary Shares : 1,715,930 674,243 17,079,502 337,500 19,807,175 Options to acquire Ordinary Shares 75,000 10c (28/05/11) Listed 250,000 10c (29/11/11) Unlisted 381,318 10c (28/05/11) Listed 149,832 10c (28/05/11) Listed 2,462,112 10c (28/05/11) Listed
Class		Listed fully paid ordinary shares Listed options exercisable at 3 cents, expiring 30/11/2012
Number acquired		6,719,443 shares 6,719,443 options

• See chapter 19 for defined terms.

20/11/2009

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$201,583.29
No. of securities held after change D Boyer Boyer Exploration & Resource Management P/L D Boyer Goldwork Corporation P/L atf D Boyer Super Fund Goldwork Corporation P/L atf D Boyer Super Fund D Boyer Boyer Exploration & Resource Management P/L D Boyer		Fully Paid Ordinary Shares : 2,097,248 824,075 23,192,795 412,500 26,526,618 Options to acquire Ordinary Shares 75,000 10c (28/05/11) Listed 75,000 3c (30/11/12) Listed 250,000 10c (29/11/11) Unlisted 381,318 10c (28/05/11) Listed 381,318 3 c (30/11/12) Listed 149,832 10c (28/05/11) Listed 149,832 3c (30/11/12) Listed 2,462,112 10c (28/05/11) 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		Take up of entitlement and sub-underwriting commitment in pro rata rights issue.

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	-
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	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Interest after change -

• See chapter 19 for defined terms.

20/11/2009

Appendix 3Y Page 3