Agoracom

TORONTO, ONTARIO -(Jan. 17, 2008) - George A. Brown, President & CEO of MacMillan Gold Corp. (TSX VENTURE: MMG) is pleased to provide the results of MacMillan's Phase 2 diamond drill program at its La Mus Gold and Silver Project in Sinaloa, Mexico. Mr. William Hamilton, P.Geo. and Manager of Exploration is a Qualified Person under the meaning of Canadian National Instrument 43-101 and is responsible for all technical information contained in this news release.

Three holes totaling 403.9 metres in length were drilled to test the San Miguel NW Target at the La Mus Gold and Silver Project. The Phase 1 drill program at La Mus consisted of four holes totaling 597.40 metres in length that were drilled to test the north-northeast trending San Miguel NW Target along 225 metres of strike length (see News Release dated October 25, 2007).

The following table is a summary of the Phase 1 and 2 drill holes in this target listed by section from the north to the south:

Hole #         Depth in Metres          Azimuth         Dip         Section
------         ---------------          -------         ---         -------
17                      123.60              270         -45            20 N
11                       94.80              285         -45             0 N
15                      129.75              285         -45             0 N
16                      150.55              260         -45            20 S
12                      180.30              285         -45           100 S
13                      172.45              285         -45           225 S
14                      149.85                          -90           225 S

Assay results from Holes #11 through #17 have been received and compiled. The notable drill intercepts are outlined in the table below listed along sections from north to south:

                                 Estimated 
             From     To  Width True Width                      Total g Ag
            metre  metre  metre      Metre  g Au/t  g Ag/t  Equivalent/t(i)
           ------  -----  ----- ----------  ------  ------  ---------------
Hole #17     53.5   54.3   0.80       0.80   0.485   121.3          145.55
             92.0   93.1   1.10       1.10   0.312    38.7            54.3
            110.0  111.0   1.00       1.00   0.221    41.4           52.45
            121.5  123.0   1.50       1.50   0.320    22.5            38.5

Hole #11     61.0   70.5    9.5        9.5   0.146    18.0            25.3
             84.0   89.3    5.3        5.3   3.103   280.6           435.8
including   85.47   88.3   2.83       2.83   5.342   477.7           744.8

Hole #15    77.05  82.50   5.45       5.45   0.356    67.9            85.7
Including    79.5   80.5   1.00       1.00   1.098   238.8           293.7
             98.2 103.45   5.25       5.25   0.717    33.1           104.5

Hole #16   104.45 110.45    6.3        6.3   0.574   126.4           155.1
Including   105.8 110.45   4.65       4.65   0.731   163.7          200.25

Hole #12   116.95  128.4  11.45      11.45   0.215    20.7            31.5
including  116.95 118.45    1.5        1.5   0.225    40.4            57.3
also
 including 124.45 125.95    1.5        1.5   0.401    32.2            62.3
           152.85 164.85   12.0       12.0   0.793     3.0            42.7
including  155.85 163.35    7.5        7.5   0.981     3.1            52.1

Hole #13    78.05  79.05    1.0        1.0   0.229    47.1            58.6
                                                                     303.9
                                                               (0.2% lead,
            91.55  93.05    1.5        1.5   5.486    29.6       0.6% zinc)
           150.65 151.65    1.0        1.0   0.334     7.1            23.8
           156.05 157.55    1.6        1.6   0.352     5.3            22.9

Hole #14    10.50  11.25   0.75        0.5   0.070    33.7            37.2
             27.1   35.0    7.9        5.1   0.982    92.0           140.2
including    30.0   34.0    4.0        2.6   1.495   135.8           206.6
             47.0  56.95   9.95        6.4   1.596    86.5           170.8
Including    51.1   52.0    0.9        0.6   2.606   488.1           605.4

(i) Note - The total grams of silver equivalent per ton (g Ag Equivalent/t) is the sum of the silver g/t plus the gold converted to silver equivalent using an economic ratio of 50 to 1 based upon the approximate market values of gold to silver (i.e. Au US$750 and Ag US$15 = 50 to 1). Metallurgical recoveries and net smelter returns are assumed to be 100%. These Equivalents should not be interpreted as actual grades since the conversion ratio varies with the volatile prices of gold and silver and the economic recovery of gold and silver can vary significantly in actual extraction and processing.

At this time, no further drilling on the San Miguel NW Target at La Mus is planned until further surface exploration work is completed on the property and the results are analyzed to determine if additional targets that warrant drilling are identified.

Drilling was completed by Redrilsa Mexico S.A. de C.V. based in Zacatecas. Samples were split and logged by Company personnel at a secure location near the property. All samples are 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.

Investors are invited to visit the MacMillan Gold IR Hub at www.agoracom.com/IR/MacMillan 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 MMG@agoracom.com.

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

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

CONTACT INFORMATION:

MacMillan Gold Corp.
George A. Brown
President & CEO
(416) 867-1101
Fax: (416) 867-1222
Email: macmillangold@ca.inter.net