TORONTO, ONTARIO - (Feb. 6, 2008) - George A. Brown, President and CEO of MacMillan Gold Corp. (TSX VENTURE: MMG), is pleased to announce that MacMillan has received final assay results from the first two drill holes which were completed in December as part of the currently ongoing Phase 1 diamond drilling program at the Realito Silver Project in the State of Jalisco in Mexico.
Mr. William Hamilton, P.Geo. and Manager of Exploration is a Qualified Person under the meaning of National Instrument 43-101 and is responsible for all technical information contained in this news release.
The Phase 1 program currently consists of eight diamond drill holes totaling 1,500 metres in length, which will test the Realito main target over a strike length of approximately 300 metres and to a depth of about 200 metres. The first two holes were completed in December and results from these are reported below. The third hole has been completed to 179.9 metres in length and the fourth is in progress. Additional surface work is ongoing at the Realito with the goal of identifying additional drill targets to be tested during the current program.
REALITO MAIN TARGET - DIAMOND DRILL RESULTS
Estimated
Hole # Hole Length From To Width True Width Grade As
In Metres Metre Metre In Metres In Metres g Ag/t
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R1 139.75 44.50 61.90 17.40 7.4 22.9
74.20 76.85 2.65 1.1 79.7
87.45 97.40 9.95 4.8 118.0
R2 171.4 83.40 86.40 3.00 1.4 75.1
117.85 147.7 29.85 13.8 209.7
including 117.85 120.5 2.65 1.2 879.1
also including 125.00 128.00 3.00 1.4 716.9
also including 145.75 147.70 1.95 0.9 388.5
Drilling was completed by Redrilsa Mexico S.A. de C.V. based in Zacatecas, Mexico. Samples were split and logged by Company personnel at a secure location near the property. All samples were 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 were inserted into the sample stream. No appreciable assay discrepancies have been noted.
The Company is actively conducting surface exploration programs at the Las Cucharas Gold Project in the State of Nayarit in Mexico with the aim of identifying drill targets for an early 2008 Phase 1 diamond drill program.
Investors and interested parties 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 Exchanges: Symbol "MMG".
The TSX Venture Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this news release.
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