MacMillan Gold Corp.
TSX VENTURE : MMG

MacMillan Gold Corp.

October 18, 2007 11:47 ET

MacMillan Permitted and Mobilizing for Phase II Drilling at Pasacancha, Aguila, and Aguila East Targets, Peru

TORONTO, CANADA--(Marketwire - Oct. 18, 2007) - George A. Brown, President & CEO of MacMillan Gold Corp. (TSX VENTURE:MMG), and David A. Bending, P.Geo., Vice President of MacMillan and a Qualified Person as defined in National Policy 43-101, are pleased to announce receipt of its amended 'B' Type Environmental Impact Permit in support of mobilization of its phase II drilling program, planned to provide an initial test of the Pasacancha Silver Target and the continuing evaluation of the Aguila and Aguila East Cu - Mo Targets in Ancash, Peru. Duran Ventures Inc.(TSX VENTURE:DRV) is earning a 50% interest in the Aguila Project from MacMillan.

The company is proceeding immediately to mobilize a Longyear 44 diamond drill, contracted from Iguana Drilling SAC of Lima, Peru. Drilling will commence with a six hole systematic section across the Pasacancha Silver Target, with holes ranging from 350 to 550 metres in depth. The drill will then continue exploration of the Aguila and Aguila East Targets. Phase 2 exploration of the Aguila targets will begin with completion of the Phase 1 Holes 4 and 5 to their originally planned depth of 550 metres and then proceed to additional systematic drilling to outline the Aguila targets. The planned location of these holes is plotted in the generalized maps included with this release.

This map shows the location of the Aguila, Aguila East and Pasacacha Targets and the planned drillholes. The drillhole sites in the permit plan allow for a systematic cross section in the Pasacancha Silver Target and continuing systematic work in the Aguila and Aguila East Targets. Ongoing mapping and sampling are defining additional porphyry targets which will be included for testing in the pending C Permit application.

Please note: A map is available at the following link:

http://www.ccnmatthews.com/docs/amap1018.jpg

This map shows in more detail the Aguila and Aguila East Target Areas.

Please note: A map is available at the following link:

http://www.ccnmatthews.com/docs/bmap1018.jpg

The exploration work as reported has been planned and is being supervised by Mr. Bending, P.Geo.. All samples will be delivered to the Lima laboratory of Inspectorate Services Peru SAC (a certified laboratory) for preparation and analysis. The company has a QA/QC protocol in place including the use of duplicate sampling by outside labs, certified standards and blanks and secure care and custody of samples.

Investors are invited to visit the MacMillan Gold IR Hub at www.agoracom.com/IR/MacMillan where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to MMG@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

MacMillan Gold Corp. is a Canadian resource company listed on the TSX -V Exchange: Symbol "MMG".

The TSX-V Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this release.

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