MacMillan Gold Corp.

MacMillan Gold Corp.

March 19, 2008 15:19 ET

MacMillan Appoints VP Exploration for Peru

TORONTO, ONTARIO--(Marketwire - March 19, 2008) - George A. Brown, President and CEO of MacMillan Gold Corp. (TSX VENTURE:MMG), is pleased to announce that MacMillan has appointed Mr. Cary Pothorin, P.Geo. as Vice President of Exploration for Peru effective March 31, 2008. Mr. Pothorin will be involved on a full time basis to direct the activities and personel in Peru with the goal of developing the Aguila Copper Molybdenum Project to a National Instrument 43-101 compliant resource as soon as possible.

Mr. Cary Pothorin, P.Geo. is a Canadian professional geologist in good standing with the Association of Professional Engineers and Geoscientists of British Columbia. He graduated in 1988 with a B.Sc. specialized in Geology from the University of Alberta. He also received a Business Administration Diploma from Camosum College in Victoria B.C. in 1994. Mr. Pothorin is fluent in Spanish and his most recent experience is as VP Exploration of Acero-Martin Exploration Inc. who have successfully advanced the Pinaya Porphry Copper-Gold Skarn Deposit in Peru to a National Instrument 43-101 compliant resource.

The board has granted Mr. Pothorin 100,000 stock options effective March 31, 2008 at the closing price on March 28, 2008 exercisable for a period of 3 years subject to vesting as per the Company stock option plan. The board welcomes Mr. Pothorin to the MacMillan Gold team.

The Company wishes to thank Mr. John P. Thompson for his years of service. Mr. Thompson has agreed to step down effective March 31, 2008 to accommodate this new appointment. Mr. Thompson has graciously accepted to remain as a technical consultant to the Company.

The Company has terminated the consulting relationships with Mr. Tom James and Mr. Warren Manis effective March 18, 2008. These individuals no longer represent MacMillan Gold Corp. in any official capacity. The 100,000 stock options granted September 27, 2007 to each individual were terminated effective March 18, 2008 due to violations of the specific terms under which the stock options were accepted by each individual.

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.

Contact Information