MacMillan Gold Corp.

MacMillan Gold Corp.

December 05, 2007 12:17 ET

MacMillan Reports 26.5 Metres of 3.55 Grams Gold Per Tonne Near Surface at El Zafiro Gold Project in Mexico

TORONTO, ONTARIO--(Marketwire - Dec. 5, 2007) - George A. Brown, President and CEO of MacMillan Gold Corp. (TSX VENTURE:MMG), is pleased to announce that MacMillan has completed the Phase 1 and Phase 2 diamond drilling programs at the El Zafiro Gold Project in the State of Sinaloa in Mexico.

Mr. William Hamilton, P.Geo. and Manager of Exploration is a Qualified Person under the meaning of National Instrument 43-101 and is responsible for all technical information contained in this news release.

Phases 1 consisted of eleven diamond drill holes totaling 1,270.15 metres in length. Seven of these holes totaling 797.75 metres in length were drilled to test the northwest trending shear zone along 150 metres of strike, and one hole (EZA-08) totaling 90.05 metres in length was directed at the altered contact at the Zafiro Main Target. The Zafiro Main Target occurs at the intersection of a north-northwest trending, southeast dipping shear zone and a northwest trending, gently northeast dipping altered contact zone between andesitic and rhyolitic tuffaceous units. The remaining three drill holes totaling 382.35 metres in length were drilled to test the El Chacal Target located approximately 400 metres to the east of the Main Target. All results of Phase 1 have been received and are summarized in a table in this news release.

The most significant intersection was encountered in Hole EZA-08 where there is a reportable estimated true width of 26.5 metres with a grade of 3.551 grams gold per tonne starting only 4.5 metres from surface.

A Phase 2 drill program was immediately implemented upon compilation of the Phase 1 results to follow up on the positive results that are from the altered contact between the rhyolite and the andesite tuffaceous units. Phase 2 consisted of 3 additional drill holes totaling 208.35 metres in length which were completed in November and split core samples were shipped for assay November 30, 2007. The results of the Phase 2 drill program will be news released once received and compiled.

The altered contact hosting the mineralization has been traced by surface mapping over a total strike length of 600 metres, and it is still open to the southeast within the confines of the property. Soil samples have reported values up to 1.42 grams gold per tonne associated with the southeastern extension of this contact. The Company expects to continue with an aggressive exploration program at the El Zafiro Gold Project pending continued positive results from the recently completed Phase 2 program.

Drill Hole details are as follows:

ZAFIRO MAIN TARGET - testing north northwest trending structure
Drill holes listed from south to north
UTM UTM Elevation Length
EZA-03 422708 2545431 62 80 -45 101.0 Section 0+00
EZA-01 422703 2545482 59 80 -45 108.55 Section 50m N
EZA-02 422669 2545482 55 80 -50 134.55 Section 50m N
EZA-04 422685 2545533 61 80 -45 82.75 Section 100m N
EZA-07 422651 2545528 60 80 -50 133.1 Section 100m N
EZA-05 422641 2545576 83 80 -50 131.0 Section 150m N
EZA-06 422677 2545581 82 80 -45 106.8 Section 150m N

ZAFIRO MAIN TARGET - testing altered contact between rhyolite and andesite
Drill holes listed from southeast to northwest
UTM UTM Elevation Length
EZA-10 422807 2545515 88 220 -45 66.2 Section 0+00
EZA-08 422776 2545519 104 220 -45 90.05 Section 30m NW
EZA-09 422794 2545544 78 220 -45 74.55 Section 30m NW
EZA-11 422764 2545541 79 220 -45 67.6 Section 50m NW

EL CHACAL TARGET - Drill Holes listed from SW to NE
UTM UTM Elevation Length
CHA-02 423349 2545579 130 330 -45 133.0 Section 0NE
CHA-01 423293 2545529 123 330 -45 138.55 Section 100NE
CHA-03 423218 2545452 129 330 -45 110.8 Section 200NE

El Zafiro Phase 1 drill results are as follows:
Hole # FROM TO WIDTH True Width g Au/t
EZA-01 no significant values
EZA-02 24.0 25.5 1.5 1.5 1.284
EZA-03 31.0 35.3 4.3 4.2 1.212
EZA-04 no significant values
EZA-05 no significant values
EZA-06 no significant values
EZA-07 no significant values
EZA-08 4.5 32.85 28.35 26.5 3.551
includes 4.5 6.0 1.5 1.4 4.251
also includes 13.7 32.85 19.15 18.0 4.822
CHA-01 103.5 105.0 1.5 1.5 0.583
CHA-02 102.25 103.75 1.5 1.5 1.450
CHA-03 no significant values

Drilling was completed by Redrilsa Mexico S.A. de C.V. based in Zacatecas, Mexico. Samples were split and logged by Company personnel at a secure location near the property. All samples were shipped to Inspectorate de Mexico S.A. de C.V. in Durango, Mexico for preparation and then forwarded to Inspectorate Precious Metals Inc. in Sparks, Nevada for assay. Blank and standard quality control/quality assurance samples are inserted into the sample stream. No appreciable assay discrepancies have been noted.

MacMillan Gold is expecting assay results for the three diamond drill holes completed as Phase 2 at El Zafiro and the three diamond drill holes competed as Phase 2 at the La Mus Gold & Silver Project in the very near future. The diamond drill has been mobilized to the Realito Silver Project in the State of Jalisco in Mexico for a six diamond drill hole Phase 1 program expected to be completed in December. The Company is actively conducting surface exploration programs at the La Cucharas Gold Project in the State of Nayarit in Mexico with the aim of identifying drill targets for an early 2008 Phase 1 diamond drill program. Duran Ventures Inc. (TSX VENTURE:DRV) as operator of a 50:50 joint venture with MacMillan, are currently drilling the first six known diamond drill holes into the Pasacancha Silver Project, deepening Phase 1 holes 4 and 5 to their original target depths into the Aguila East Cu-Mo Target, and drilling nine additional holes into the Aguila Main Cu-Mo Target in Ancash, Peru.

Investors and interested parties are invited to visit the MacMillan Gold IR Hub at where they can post questions and receive answers or review existing questions and answers. Investors may also email questions or request to be added to the investor email list at

MacMillan Gold Corp. is a Canadian resource company listed on the TSX Venture Exchanges: Symbol "MMG".

The TSX Venture Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this news release

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