MacMillan Gold Corp.
TSX VENTURE : MMG

MacMillan Gold Corp.

April 07, 2006 15:30 ET

MacMillan Gold Corp.: First Star Resources Terminates Option Agreement on Alpha, Beta, Gamma Properties in Mexico

TORONTO, ONTARIO--(CCNMatthews - April 7, 2006) - George A. Brown, President & CEO of MacMillan Gold Corp. (TSX VENTURE:MMG) announces that MacMillan Gold has received notice from First Star Resources Inc. (TSX VENTURE:FRS) that they have terminated the Alpha, Beta, Gamma Property Option Agreement (news release 2005-02 dated March 29, 2005).

The notice was sent by First Star and received by MacMillan Gold after the anniversary date of the signed Mineral Property Option Agreement and MacMillan Gold are therefore owed 250,000 shares of First Star under the terms of the signed agreement. MacMillan Gold has made a written offer to terminate the agreement in a mutually amicable way. First Star has not responded to our compromise settlement offer. MacMillan Gold intends to pursue First Star vigorously for the shares due to MacMillan Gold.

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

The TSX Venture Exchange has not reviewed nor accepted responsibility for the adequacy or accuracy of the contents of this news release.

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