HAMMER METALS LIMITED — Director's Dealing 2009

Oct 4, 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	2 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 relevantinterest.		Relevant interest in:-Boyer Exploration & Resource Management P/L
Date of change		5 October 2009
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 FundGoldwork Corporation P/L atf D Boyer Super FundD BoyerBoyer Exploration & Resource Management P/LD Boyer <DB Family A/C>		Fully Paid Ordinary Shares:1,715,930674,24311,079,502337,50013,807,175Options to acquire Ordinary Shares75,000 10c (28/05/11) Listed250,000 10c (29/11/11) Unlisted381,318 10c (28/05/11) Listed149,832 10c (28/05/11) Listed2,462,112 10c (28/05/11) Listed
Class		Listed fully paid ordinary shares
Number acquired		6,000,000

• See chapter 19 for defined terms.

05/10/2009

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration	Shares issued on sale of Mulga Minerals Pty Ltd.
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Fully Paid Ordinary Shares:
D Boyer	1,715,930
Boyer Exploration & Resource Management P/L	674,243
D Boyer<DB Family A/C>	17,079,502
Goldwork Corporation P/L atf D Boyer Super Fund	337,500
	19,807,175
	Options to acquire Ordinary Shares
Goldwork Corporation P/L atf D Boyer Super Fund	75,000 10c (28/05/11) Listed
D Boyer	250,000 10c (29/11/11) Unlisted
	381,318 10c (28/05/11) Listed
Boyer Exploration & Resource Management P/L	149,832 10c (28/05/11) Listed
D Boyer <DB Family A/C>	2,462,112 10c (28/05/11) Listed
Nature of change	Shares issued on sale of Mulga Minerals Pty Ltd
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	following approval at a meeting of shareholdersheld 5 October 2009.

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
Interest after change	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002