MacMillan Gold Corp.

MacMillan Gold Corp.

April 03, 2007 11:34 ET

MacMillan Gold Corporate Update

TORONTO, ONTARIO--(CCNMatthews - April 3, 2007) - George A. Brown, President & CEO of MacMillan Gold Corp. (TSX VENTURE:MMG) is pleased to announce that MacMillan received strong shareholder approval at the March 30, 2007 Annual and Special Meeting of Shareholders for all items on the proxy.

George A. Brown, Greg Van Staveren and Wayne W. Valliant were re-elected to the board of directors as well as a new director, Mr. Thomas Skimming. Mr. Skimming has been a member of the Association of Professional Engineers of Ontario since 1971 and is the president of Thomas Skimming & Associates Limited. Mr. Skimming has been active in Canadian and worldwide exploration since 1957 and has a Bachelor of Science Degree from the University of Michigan. The Company is fortunate to attract a new director with such experience including directorship in several public exploration companies.

McGovern, Hurley, Cunningham, LLP, Chartered Accountants, were re-appointed as the Company auditors.

Shareholders approved private placements of up to 100% of the currently issued and outstanding shares for the upcoming year. The Company is currently funded for all budgeted 2007 corporate and exploration plans.

At a subsequent board meeting, the directors of MacMillan made the following appointments:

George A. Brown - President & CEO

David Bending, P. Geo. - Vice President of Corporate and Project Development

John Thompson, P. Eng. - Vice President of Exploration

William Hamilton, P. Geo. - Manager of Exploration

David C. Hammond - Chief Financial Officer

Mr. Bending, Mr. Hamilton and Mr. Thompson are all Qualified Persons under the meaning of Canadian National Instrument 43-101.

The Company is also pleased to report that Pinetree Capital Ltd. issued a news release on March 29, 2007 announcing ownership of 4,000,000 shares and 2,000,000 share purchase warrants of MacMillan Gold Corp.

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.

Contact Information