HAMMER METALS LIMITED — Director's Dealing 2011

Jun 29, 2011

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 30/09/01 Amended 01/01/11

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	24 June 2011

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	Indirect
Nature of indirect interest	Mr Streeter has a relevant interest in
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Jungle Creek Gold Mines Pty Ltd &Velsberry Pty Ltd
Date of change	24 June 2011 – 28 June 2011
No. of securities held prior to change
Jungle Creek Gold Mines Pty Ltd	39,500,755 ordinary shares
	7,110,186 listed options (MDSOC)
	expiring 30/11/12
Velsberry Pty Ltd	18,288,717 ordinary shares
	250,000 unlisted options expiring
	29/11/11
	2,446,504 listed options (MDSOC)
	expiring 30/11/12
Class	Ordinary shares
Number acquired	1,000,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$34,117
No. of securities held after changeJungle Creek Gold Mines Pty LtdVelsberry Pty Ltd	39,500,755 ordinary shares7,110,186 listed options (MDSOC)expiring 30/11/1219,288,717 ordinary shares250,000 unlisted options expiring29/11/112,446,504 listed options (MDSOC)expiring 30/11/12
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	On-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.

==> picture [434 x 287] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3