MacMillan Gold Corp.
TSX VENTURE : MMG

MacMillan Gold Corp.

March 30, 2007 16:15 ET

MacMillan Gold Corp. Grants Stock Options

TORONTO, ONTARIO--(CCNMatthews - March 30, 2007) - George A. Brown, President & CEO of MacMillan Gold Corp. (TSX VENTURE:MMG) announces that the board of directors of the Company granted 1,690,000 stock options today based upon yesterday's closing price of $0.37 per share. These options are subject to regulatory approval.

The grants include 1,000,000 options to the four directors, 450,000 options to four officers and 240,000 options to five consultants. The options expire three years from the date of grant or approval.

On March 26, 2007, 910,000 stock options with an exercise price of $0.50 per share expired unexercised. Prior to the 1,690,000 stock options granted today, there were 1,150,000 $0.30 stock options with an expiry date of April 13, 2009 outstanding. Subsequent to the issuance of these options there will be 2,840,000 stock options issued and outstanding.

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