| 13 December, 2006 |
ENTITLEMENTS ISSUE OVERSUBSCRIBED / OPTIONS EXERCISED |
| 05 December, 2006 |
PRICE QUERY |
| 01 December, 2006 |
REVISED EPA APPROVAL DATE FOR TWIN HILLS |
| 28 November, 2006 |
OUTCOME OF ANNUAL GENERAL MEETING |
| 28 November, 2006 |
CHAIRMAN'S ADDRESS - MACMIN SILVER LTD |
| 10 November, 2006 |
ALLOTMENT OF SECURITIES |
| 10 November, 2006 |
ALLOTMENT OF SECURITIES |
| 30 October, 2006 |
LODGEMENT OF PROSPECTUS / INITIAL ADVICE OF NON-RENOUNCEABLE ENTITLEMENTS ISSUE |
| 25 October, 2006 |
APPENDIX 5B - SEPTEMBER QUARTERLY REPORT |
| 25 October, 2006 |
TECHNICAL REPORT - QUARTER ENDED 30TH SEPTEMBER 2006 |
| 20 October, 2006 |
MACMIN TO RECOMMENCE DRILLING AT TALLY HO SILVER PROJECT |
| 12 October, 2006 |
NEW GUINEA GOLD CORPORATION - MT PENCK PROJECT |
| 24 September, 2006 |
ANNUAL REPORT FOR YEAR ENDED 30 JUNE 2006 |
| 14 September, 2006 |
NEW GUINEA GOLD CORPORATION - 438g/t Gold & 485g/t Silver in Drill Core At Imwauna, PNG |
| 13 September, 2006 |
TALLY HO PROJECT PURCHASED - VENDORS OPT FOR MACMIN SHARES |
| 13 September, 2006 |
ALLOTMENT OF SECURITIES |
| 04 September, 2006 |
MACMIN DRILLS FURTHER SILVER MINERALISATION AT TALLY HO |
| 04 September, 2006 |
CORRECTION TO RELEASE ON TALLY HO OF 30 AUGUST 2006 |
| 31 August, 2006 |
MACMIN DRILLS INTO SILVER MINERALISED SYSTEM AT TALLY HO |
| 31 August, 2006 |
TWIN HILLS SILVER MINE - UPDATE |
| 14 August, 2006 |
ALLOTMENT OF SECURITIES |
| 14 August, 2006 |
ALLOTMENT OF SECURITIES |
| 04 August, 2006 |
MACMIN COMMENCES DRILLING AT TALLY HO SILVER PROJECT |
| 28 July, 2006 |
JUNE QUARTERLY REPORT |
| 19 June, 2006 |
CHANGE OF SHARE REGISTER ADDRESS NOTIFICATION |
| 13 June, 2006 |
PRICE QUERY |
| 09 June, 2006 |
NEW GUINEA GOLD CORPORATION REPORTS HIGH GRADE GOLD RESULTS AT IMWAUNA PROJECT, PNG |
| 08 June, 2006 |
AUDIO BROADCAST – EUROPEAN INVESTOR ROADSHOW UPDATE |
| 05 June, 2006 |
TWIN HILLS SILVER MINE PROGRESS REPORT |
| 05 June, 2006 |
ALLOTMENT OF SECURITIES |
| 22 May, 2006 |
MACMIN SILVER UPDATE |
| 09 May, 2006 |
MACMIN SIGNS OPTION TO PURCHASE AGREEMENT OVER TALLY HO SILVER PROJECT |
| 28 April, 2006 |
TECHNICAL REPORT - QUARTER ENDED 31ST MARCH 2006 |
| 13 April, 2006 |
ALLOTMENT OF SECURITIES |
| 07 April, 2006 |
MACMIN PURCHASES DRILL RIG |
| 31 March, 2006 |
ALLOTMENT OF SECURITIES |
| 16 March, 2006 |
MACMIN STARTS DRILLING AT RIVERTREE PROJECT |
| 16 March, 2006 |
ALLOTMENT OF SECURITIES |
| 08 March, 2006 |
HALF-YEARLY REPORT - FOR THE PERIOD ENDED 31 DECEMBER 2005 |
| 06 March, 2006 |
PRIVATE PLACEMENT |
| 01 March, 2006 |
ALLOTMENT OF SHARES |
| 23 February, 2006 |
TEXAS SILVER PROJECT UPDATE |
| 22 February, 2006 |
PRICE QUERY |
| 22 February, 2006 |
ALLOTMENT OF SHARES |
| 17 February, 2006 |
APPENDIX 3Y - CHANGE OF DIRECTOR’S INTEREST NOTICE |
| 15 February, 2006 |
ALLOTMENT OF SHARES |
| 14 February, 2006 |
AvW INVEST AG PURCHASES 1.5% INTEREST IN MACMIN SILVER LTD |
| 31 January, 2006 |
ALLOTMENT OF SHARES |
| 27 January, 2006 |
TECHNICAL REPORT - QUARTER ENDED 31ST DECEMBER 2005 |
| 25 January, 2006 |
MACMIN CONFIRMS SILVER-GOLD MINERALISATION AT STAR OF HOPE LODE, BOONOO BOONOO PROJECT |
| 16 January, 2006 |
SHARE PURCHASE PLAN COMPLETED / EXERCISE OF OPTIONS |
| 12 January, 2006 |
CHANGE OF DIRECTOR'S INTEREST NOTICE |
| 06 January, 2006 |
BPAY PROBLEM |
| 04 January, 2006 |
SHARE PURCHASE PLAN |
13 December, 2006
ENTITLEMENTS ISSUE OVERSUBSCRIBED
OPTIONS EXERCISED
Entitlements Issue
The 1 for 15 Entitlements Issue which closed last Friday 8 December was oversubscribed and a small number of applicants will not receive all the additional shares for which they applied. The Entitlements Issue is the largest ever undertaken by the Company and raised $8.62 million before costs. The total of 28,736,427 shares and 14,368,214 free attaching MMNO listed options are scheduled to be issued on Monday 18 December 2006 following the clearing of funds received.
The success of the issue demonstrates the support that exists for the Company among its shareholders. The Board is very pleased by the result and extend their thanks to all participants for their continued commitment to the growth of the Company and development of its silver projects.
Funds raised will be used for an aggressive exploration plan in 2007, including an extensive programme of drilling at Mt Gunyan (1.5km north of Twin Hills) to determine the viability of applying for a mining licence at that prospect. If a suitable orebody can be defined at Mt Gunyan it is likely that the ore can be trucked to the existing processing facility at Twin Hills.
The Company's newest project at Tally Ho, via Mackay, will also be fast-tracked using funds from the issue for an ambitious campaign of surface exploration and drilling commencing early in 2007.
Appendix 3Y "Change of Directors Interest Notices" for 5 directors are attached.
Exercise of Unlisted Options
An Appendix 3B is attached in respect of the issue of 210,000 fully paid ordinary shares pursuant to the exercise of 210,000 unlisted options at 20 cents.
Yours faithfully,
MACMIN SILVER LTD
Garry Edwards
Company Secretary
5 December, 2006
PRICE QUERY
Please find below a response to the questions in letter of today's date.
1. |
Q. |
Is the Company aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company? |
|
A. |
No. |
2. |
Q. |
If the answer to question 1 is yes, can an announcement be made immediately? If not, why not and when is it expected that an announcement will be made? |
|
A. |
N/A |
3. |
Q. |
Is there any other explanation that the Company may have for the price change and increase in volume in the securities of the Company? |
|
A. |
The Company is currently in the commissioning phase of its Twin Hills Silver Mine at Texas, Queensland. Once production starts in early 2007, the Company will join the worldwide ranks of a small number of primary silver producers. In recent days, the Australian dollar silver price (AUD$17.70 per ounce) has reached levels not seen since its highest price in May 2006 (AUD$19.00 per ounce) when the Company's share price reached AUD$0.44. The current level of investor interest in the Company may be related to the rising silver price and may have contributed to the recent price and volume changes in the securities of the Company. |
4. |
Q. |
Please confirm that the Company is in compliance with the listing rules and, in particular, listing rule 3.1. |
|
A. |
Macmin Silver Ltd takes a very serious approach to it obligations under the disclosure requirements and we confirm that the Company is in compliance with the listing rules and, in particular, listing rule 3.1. |
Yours faithfully
Denis O'Neill
Managing Director
1 December, 2006
REVISED EPA APPROVAL DATE FOR TWIN HILLS
The Chairman's address to the Company AGM on Tuesday stated "We believe we have now complied with all requirements of the EPA and expect final approval by the end of 2006". This was based on a decision date of 2 December 2006 previously advised by the EPA in respect of the draft Environmental Authority.
We have today received a ‘Notice of extension of time for decision', which moves the decision date to 2 March 2007. In that notice the EPA advise that "additional time is necessary to allow for the preparation and review of the draft Environmental Authority".
Along with the Notice, the EPA have supplied a preliminary draft Environmental Authority and advise that they are working on further non-standard conditions to be included in the final draft Environmental Authority. The EPA also advise "it is anticipated this entire period (to 2 March 2007) will not be required to finalise the Environmental Authority".
The Company is actively working with the EPA and our environmental consultants to finalise requirements and ensure that the delay (if any) in silver production will be minimal. In the meantime, we are confident that staff and equipment at the site can be productively employed in ongoing site works and commissioning activities.
G.M. Edwards
COMPANY SECRETARY
28 November, 2006
OUTCOME OF ANNUAL GENERAL MEETING
In accordance with Listing Rule 3.13.2, I advise that all motions as per the Notice of Meeting were carried without amendments.
The table below lists the proxies received in respect of each motion. All resolutions were decided by a show of hands.
| Motion |
Result |
Proxy Details |
|
|
For |
Against |
Abstain |
No
Direction
Given |
Total |
Re-election of R.D.McNeil as Director |
Carried |
20,097,850 |
44,000 |
10,000 |
28,000 |
20,179,850 |
Re-election of G.G. Lowder as Director |
Carried |
19,501,350 |
40,500 |
610,000 |
28,000 |
20,179,850 |
Re-election of E.G. Newman as Director |
Carried |
20,066,842 |
28,000 |
57,008 |
28,000 |
20,179,850 |
Ratification of Previous Issues of Securities |
Carried |
19,771,850 |
335,000 |
45,000 |
28,000 |
20,179,850 |
Increase in Fee Pool for Non-Executive Directors |
Carried |
16,192,157 |
801,427 |
2,870,354 |
315,912 |
20,179,850 |
Advisory/Non-binding Vote on Remuneration Report |
Carried |
17,634,496 |
248,000 |
2,269,354 |
28,000 |
20,179,850 |
Yours faithfully,
MACMIN SILVER LTD
G.M. Edwards
Company Secretary
28 November, 2006
CHAIRMAN'S ADDRESS
Welcome to the 14th AGM of Macmin Silver Ltd.
I am pleased to be able to report to you that we are on track to produce silver in the first quarter 2007. 2006 has been a successful year in terms of the share price with the price rising from 15 cents in November last year to a high of 44 cents in July when silver peaked at just under $US15/oz and is now sitting around 30 cents with silver over US$13/oz. When silver exceeds its high of US$15/oz I believe we can expect the share price to test its previous high of 44 cents.
In terms of mine development, 2006 has been difficult and we have to note with regret that production has been delayed until early 2007.
The delays in proceeding to production were many and largely caused by three factors - initially the weather, then difficulty in obtaining some equipment due to the high level of activity in the industry and finally due to more rigorous requirements and studies by the Environmental Protection Agency (EPA) than we had expected. As of today the construction is nearing completion with only construction of the storm water dam wall and waste rock dump drainage system to be finished to EPA requirements.
Plant commissioning of the crushing, agglomerating and heap stacking system have commenced. The electrowinning circuit is ready for wet commissioning.
We believe that we have now complied with all requirements of the EPA and expect final EPA approval by the end of 2006. This will allow us to almost immediately commence processing of silver ore with silver production thereafter.
Over the succeeding few months we expect that silver production will gradually be increased to the initial expected annualised rate of 2.5M ozs/year. If silver exceeds US$15/oz next year we will look at increasing production further.
There are some unresolved points - notably whether we choose to sell our silver product directly or whether we decide to have it refined to silver bullion or a combination of both. We have formed a sales committee to follow this through but it probably cannot be resolved until we produce sufficient powder to allow end users to determine if it suits their needs.
Exploration has been fairly low key throughout 2006, but we had a very significant discovery at Tally Ho in central/east Queensland. As a result of this discovery and our desire to fully optimise exploration opportunities in the Texas area we recently decided that we should very substantially increase exploration in the near term - thus the reason for the current Rights Issue. We also have zinc potential we would like to pursue at the Silver Spur prospect at Texas. We take the view that the silver price is likely to be higher in 2007. We want to have a much greater exploration program in progress when this happens to take advantage of the likely enthusiasm for silver at that time. We considered we should not wait until mid 2007 to be able to substantially increase our exploration budget. With the funds raised by the Rights Issue we will also be able to look at other opportunities to expand your company.
In terms of investments, New Guinea Gold, Malachite and Frontier are all generating positive exploration results with New Guinea Gold looking especially attractive.
The final point I would like to make is the very substantial backing the company gets from European investors. Over 40% of our shares are held by shareholders who reside in Germany and Switzerland.
Before closing I would like to introduce Bill Guthrie who is the General Manager of the Texas Project and extend my thanks to director Ed Newman who has worked tirelessly at Texas and to our Managing Director Denis O'Neill for his excellent leadership.
In closing I wish all shareholders a Prosperous 2007 and thank you for your support over the past years.
R.D.McNeil
Chairman
10 November, 2006
ALLOTMENT OF SECURITIES
In accordance with Listing Rule 3.10.5 I have been instructed by the Board of Directors of Macmin Silver Ltd to advise that the Company has issued a total of 57,500 fully paid ordinary shares at $0.25 per share pursuant to the exercise of MMNO options.
An Appendix 3B form (New issue announcement, application for quotation of additional securities and agreement) detailing the issue is attached.
Yours faithfully,
MACMIN SILVER LTD
Garry Edwards
Company Secretary
10 November, 2006
ALLOTMENT OF SECURITIES
In accordance with Listing Rule 3.10.5 I have been instructed by the Board of Directors of Macmin Silver Ltd to advise that the Company has issued a total of 141,202 fully paid ordinary shares at $0.25 per share pursuant to the exercise of MMNO options.
An Appendix 3B form (New issue announcement, application for quotation of additional securities and agreement) detailing the issue is attached.
Yours faithfully,
MACMIN SILVER LTD
Garry Edwards
Company Secretary
30 October, 2006
LODGEMENT OF PROSPECTUS
Macmin Silver Ltd has lodged a prospectus with ASX and ASIC for a 1 for 15, non-renounceable Entitlements Issue of shares at 30 cents, with one free option accompanying every two New Shares allotted, to raise up to a maximum of approximately $8.64 million. The record date is 10 November 2006 and the issue will close on 8 December 2006.
The purpose of the issue is to significantly upgrade our exploration activities during the coming year, with the purpose of increasing the silver resources base of the Company.
The attached initial advice to shareholders and optionholders contains further details and will be mailed to each shareholder and optionholder on 31 October 2006.
An appendix 3B in respect of the issue is also attached.
Yours faithfully,
MACMIN SILVER LTD
Garry Edwards
Company Secretary
Dear Shareholder / Optionholder,
INITIAL ADVICE OF NON-RENOUNCEABLE ENTITLEMENTS ISSUE
Macmin Silver Ltd (Macmin) is pleased to inform you of a non-renounceable Entitlements Issue to raise up to a maximum of approximately $8.64 million.
The purpose of the issue is to significantly upgrade our exploration activities during the coming year, with the purpose of increasing the silver resources base of the Company.
The Board is committed to a policy of increasing the silver resources base of the Company through further exploration and acquisitions to provide a pipeline of advanced projects to secure the long-term future of the Company. While some might argue that the cashflow from Twin Hills should be applied to this strategy, the Board considers that the expansion of the resources base at Twin Hills and the upgrading of annual production rates will utilise much of the early cashflow from the Twin Hills project. The Board considers that the most appropriate way to create shareholder value is to pursue an aggressive strategy to seek to increase the resource base of the Company. The rise in the price of silver over the course of the last two years and its predicted continued rise has encouraged the Board to pursue this aggressive growth strategy.
The Entitlements Issue
Macmin is making a non-renounceable Entitlements Issue of up to 28.8 million fully paid ordinary shares at 30 cents per New Share. Every two New Shares are accompanied by a free New Option exercisable at 25 cents on or before 30 October 2008. If fully subscribed, the Issue will raise up to a maximum of approximately $8.64 million. The offer does not require shareholder approval.
Shareholders registered or entitled to be registered at 5pm on 10 November 2006 are offered 1 New Share for every 15 Shares then held, at an issue price of 30 cents per New Share. The "ex" date for entitlements is 3 November 2006, therefore shares purchased after 2 November will not provide the buyer with entitlements in the issue. Where fractions arise in the calculation of Entitlements, they will be rounded up to the next whole number of New Shares. Entitlements will be shown on the personalised Entitlement and Acceptance Form which will accompany the Prospectus when it is mailed to shareholders.
The New Shares and New Options will rank equally in all respects from the date of issue with existing securities. There are no entitlements to New Shares for options currently held. An Optionholder who exercises options and becomes registered as the holder of the shares issued on exercise of the options by 5pm on 10 November 2006 will be entitled to participate in the Entitlements Issue in respect of those shares.
A Prospectus detailing the non-renounceable Entitlements Issue was lodged by Macmin with the Australian Securities & Investments Commission on 30 October 2006. A copy is available on the Macmin website www.macmin.com.au. The Prospectus, with personalised Entitlement and Acceptance Form, is expected to be mailed on 14 November 2006.
Before making a decision whether to take up any of these entitlements to shares, please carefully read the Prospectus. The offer closes at 5pm on 8 December 2006.
Eligible shareholders wishing to participate in this offer should either pay by BPAY (if you have an account with an Australian financial institution) or complete the Entitlement and Acceptance Form in accordance with the instructions set out on the form and forward it together with an Australian dollar cheque or bank draft to Link Market Services, Macmin's share registry.
Shareholders not wishing to take up their entitlements may not dispose of those entitlements.
Key Dates
SUMMARY OF PRINCIPAL DATES |
"Ex" Date for entitlements |
3 November 2006 |
Record Date to determine Entitlements |
10 November 2006 |
Prospectus and Entitlement and Acceptance Forms despatched |
14 November 2006 |
Offer closes - last date for lodgement of Entitlement and Acceptance Forms and payment of application money |
8 December 2006 |
New Shares issued and holding statements despatched |
18 December 2006 |
If you have any questions regarding your entitlements or the mailing of the Prospectus and the accompanying Entitlement and Acceptance Form, please contact Macmin's share registry on
(02) 8280 7454 or +61 2 8280 7454 for overseas callers.
Yours faithfully,
Garry Edwards
Company Secretary
20 October, 2006
MACMIN TO RECOMMENCE DRILLING AT TALLY HO SILVER PROJECT
The success of the first ever drilling programme to test for silver mineralisation at the Tally Ho Silver Project near Mackay in Central Queensland has encouraged the Company to embark on a further drilling programme prior to the onset of the ‘wet' season. The programme consists of 1,000 metres of reverse circulation (RC) drilling and 1,000 metres of diamond drilling and commences on or about October 25th.
During September, the Company acquired a 100% interest in the Tally Ho Silver Project tenements. In addition, two further exploration areas for silver were applied for in the Mackay region. In light of our assessment of the initial findings at Tally Ho, we believe this region displays significant potential to host Intrusion Related Mineralising Systems (silver, gold, zinc, lead, copper).
The final results from the 18 hole RC drilling programme (2,313m) carried out in August have now been received and a table of all significant results is presented. Results from holes GRRC1 to GRRC11 have previously been reported on. Drill hole GRRC8 encountered the best intercept of 20m (downhole) @ 292g/t silver, 1.74% zinc and 0.25% copper or 503g/t silver equivalent.
The drilling has demonstrated that silver and base metal mineralisation is hosted in a ‘breccia pipe' unit within the Tally Ho Intrusive Complex (THIC). Although the ‘breccia' occurs in outcrop, the initial drilling has shown that it is more extensive at depth.
Diamond drilling will be undertaken to test the depth extent of silver mineralisation, as several holes terminated in silver mineralisation in the initial RC programme. In addition, drill testing (RC) will also be aimed at extending the strike extent of the mineralised system.
The tenor of the silver values coupled with the consistent zinc and copper credits shows the signs of a very promising project.
Table 1
|
|
|
|
• Assays |
*In ground
Value |
Hole No. |
From To
(m) |
Downhole
Interval (m) |
Silver (g/t) |
Gold
(g/t) |
Zinc
(%) |
Copper
(%) |
Lead
(%) |
Silver Equiv.
(g/t) |
GRRC1 |
12-40 |
28 |
77 |
- |
1.71 |
0.19 |
0.49 |
287 |
GRRC3 |
26-58
(incl. 26-30)
(incl. 50-52)
70-78 |
32
4
2
8 |
65
170
118
241 |
0.24
0.98
0.41
- |
-
1.68
1.73
- |
-
0.3
0.34
- |
-
2.04
0.11
- |
77
498
367
241 |
GRRC4 |
24-40
(incl. 24-26) |
16
2 |
134
535 |
-
0.22 |
1.55
2.13 |
0.23
0.51 |
-
0.42 |
325
860 |
GRRC5 |
60-62 |
2 |
49 |
- |
- |
- |
0.49 |
64 |
GRRC7 |
10-30
(incl. 12-14) |
20
2 |
107
512 |
-
0.17 |
0.6
4.38 |
0.22
1.09 |
1.0
0.91 |
238
1,177 |
GRRC8 |
36-44
56-76
88-92 |
8
20
4 |
46
292
72 |
-
-
- |
0.43
1.74
1.20 |
-
0.25
- |
0.25
-
- |
92
503
191 |
GRRC9 |
100-108
114-116
126-130 |
8
2
4 |
20
39
120 |
-
-
- |
1.12
1.30
2.47 |
-
-
0.25 |
-
-
- |
122
157
398 |
GRRC11 |
60-66
70-80
106-108
112-118
146-154 |
6
10
2
6
8 |
41
115
195
109
76 |
-
0.14
-
1.36
- |
0.12
1.42
-
2.18
- |
0.22
0.16
-
0.27
0.17 |
0.23
0.33
-
-
- |
99
231
195
437
112 |
GRRC12 |
146-150 |
4 |
38 |
- |
0.92 |
- |
0.17 |
126 |
GRRC13 |
116-120 |
4 |
10 |
0.2 |
0.15 |
- |
- |
35 |
GRRC14 |
40-44 |
4 |
11 |
- |
0.14 |
- |
- |
24 |
Notes:
- *The silver equivalent grades are tabulated, as silver is the metal of major economic significance encountered in the drill intercepts. The following metal prices were used in the calculation. Silver AUD$15/oz, copper AUD$4.66/lb, zinc AUD$2.00/lb, lead AUD$0.66/lb, gold AUD$800/oz. Silver equivalent values will change over time as any one or more metal prices change.
- • True widths of the intervals quoted are not listed, as the orientation of the mineralised zone is uncertain.
Table 2 Co-ordinates (Datum GDA94)
Hole No. |
Easting MGA |
Northing MGA |
RL |
DIP |
AZI MAG |
Depth (m) |
GRRC1 |
688752.0 |
7632751.0 |
260 |
-50 |
357 |
40 |
GRRC3 |
688752.0 |
7632745.0 |
260 |
-75 |
357 |
108 |
GRRC4 |
688765.0 |
7632751.0 |
260 |
-50 |
330 |
154 |
GRRC5 |
688757.0 |
7632705.9 |
245 |
-48 |
307 |
154 |
GRRC6 |
688758.0 |
7632705.0 |
245 |
-58 |
317 |
154 |
GRRC7 |
688746.0 |
7632744.0 |
260 |
-51 |
246 |
106 |
GRRC8 |
688784 |
7632805 |
300 |
-60 |
205 |
154 |
GRRC9 |
688747 |
7632840 |
300 |
-51 |
75 |
154 |
GRRC10 |
688745 |
7632839 |
300 |
-64 |
75 |
150 |
GRRC11 |
688756 |
7632829 |
300 |
-60 |
105 |
154 |
GRRC12 |
688735 |
7632841 |
300 |
-60 |
322 |
154 |
GRRC13 |
688726 |
7632837 |
300 |
-70 |
265 |
154 |
GRRC15 |
688790 |
7632808 |
300 |
-60 |
150 |
154 |
DRILLING AND SAMPLING DETAILS
All samples were collected as percussion chips/dust from the reverse circulation drilling rig. Assay samples were collected over 2m intervals through the mineralised zones and over 4m intervals through the visually non-mineralised zones.
As part of the Company's quality control programme, a duplicate sample is collected about every 20 samples and submitted under a different sample number providing a check on repeatability.
Assaying is carried out by ALS Chemex in Brisbane using the ICP technique for silver, copper, lead, zinc, arsenic, antimony, bismuth and molybdenum. Gold is assayed by the ICPMS technique.
D.M. O'Neill
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Denis O'Neill, who is a Member of The Australasian Institute of Mining and Metallurgy. Denis O'Neill is a full-time employee of the company.
Denis O'Neill has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Denis O'Neill consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
12 October, 2006
NEW GUINEA GOLD CORPORATION
MT PENCK PROJECT
New Guinea Gold Corporation, in which Macmin Silver Ltd holds 17.7 million shares, or approx. 18% equity interest, issued the following press release in Canada on 11th October 2006.
Sincerely,
D.M. O’Neill
MANAGING DIRECTOR
This report is based on & accurately reflects information compiled by a competent person as defined in Appendix 5A of the ASX Listing Rules



24 September, 2006
ANNUAL REPORT FOR YEAR ENDED 30 JUNE 2006
We enclose the Annual Report for the year ended 30 June 2006.
The Annual General Meeting of Shareholders will be held at the Hall of the Anglican Church of the Holy Spirit, 73 Salerno Street, Isle of Capri, Queensland on Tuesday 28 November at 2.00pm.
Yours faithfully
MACMIN SILVER LTD
G.M. Edwards
Company Secretary
14 September, 2006
NEW GUINEA GOLD CORPORATION
438g/t Gold & 485g/t Silver in Drill Core At Imwauna, PNG
Macmin Silver Ltd attaches the following release by associated company, New Guinea Gold Corporation (NGG), in which it holds an 18% equity interest.
These recent drill intercepts of high grade gold mineralisation in the Imwauna Project on Normanby Island continue to build on very good results achieved in drilling earlier in 2006 and are expected to help provide a substantial resource base.
It should be noted that Macmin is to receive a 1% Net Smelter Return on all production by NGG and if NGG produces in excess of 50,000 ounces of gold in any year, Macmin will receive a "one-off" issue of shares in NGG equivalent to 9% of issued equity of NGG at the time.
Yours faithfully
D.M. O'Neill
MANAGING DIRECTOR
This report is based on & accurately reflects information compiled by a competent person as defined in Appendix 5A of the ASX Listing Rule





13 September, 2006
TALLY HO PROJECT PURCHASED - VENDORS OPT FOR MACMIN SHARES
Encouraged by initial drilling results, the Company has moved to exercise its option over the Tally Ho project near Mackay. The Company announced that it had secured an option to purchase the project on 9th May 2006.
The vendors had the right to receive cash or equivalent shares for the $300,000 purchase consideration. The Company is pleased to advise that the vendors opted to receive shares and 937,500 fully paid ordinary shares have been issued today to complete the transaction.
- The Tally Ho silver project is located approximately 50 km south west of Mackay in Central Coastal Queensland and consists of 2 granted Mining Leases (ML's 4770 and 4727), a surrounding Mineral Development Licence Application (MDL272) and a 24 sub-block (78sq.km) Exploration Permit for Minerals (EPM15168).
- Macmin's initial test drilling of the Tally Ho workings has given, as recently reported, a best downhole intercept of 20m at 292g/t silver, 1.74% zinc and 0.25% copper or 502g/t silver equivalent.
In addition, Macmin has applied for 2 further exploration areas for silver in the Mackay region. The Pisgah tenement comprising 23 sub-blocks (69km2) covers the northern part of the Tally Ho Intrusive Complex (THIC). In light of our assessment of the initial findings at Tally Ho, we believe the THIC has significant potential to host Intrusion Related Mineralising Systems (silver, gold, zinc, lead, copper).
A second area comprising 86 sub-blocks (258km2) - Mt Scott - is situated 75km south of Mackay and covers the Mt Scott Granite. This area has been the subject of previous exploration with stream geochemistry and prospecting, which located a number of prospects. At the Mt Scott South prospect, a 1.2km2 sulphide system containing up to 5% pyrite occurs in a series of quartz stringer and quartz vein zones approximately 100m in aggregate width and a strike length of 500m. These veins occur near a breccia body (100m long by 80m wide) with porphrytic granite clasts within a sulphide matrix.
Once these tenements are granted, an intensive programme of exploration will be undertaken to evaluate their potential to host Tally Ho style mineralisation.
D.M. O'Neill
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Denis O'Neill, who is a Member of The Australasian Institute of Mining and Metallurgy. Denis O'Neill is a full-time employee of the company.
Denis O'Neill has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Denis O'Neill consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
13 September, 2006
ALLOTMENT OF SECURITIES
In accordance with Listing Rule 3.10.5 we advise that the Company has issued a total of 1,827,500 fully paid ordinary shares. The shares were issued as follows:
Consideration for Tally Ho Silver Project
- 937,500 shares at $0.32 per share in consideration for exercising the option to purchase the Tally Ho Silver Project.
The Company seeks to rely on case 1 in Section 708A(5) of the Corporations Act ("Act") in respect of the issue of those shares.
The Company gives notice under paragraph (5) (e) of Section 708A of the Act to confirm that:
- The Company issued the above shares without disclosure to the placees under Part 6D.2 of the Act.
- As at the date of this notice the Company has complied with:
(a) The provisions of Chapter 2M of the Act (as applicable to the Company); and
(b) Section 674 of the Act.
- At the date of this notice there is no excluded information (as defined in paragraph (7) of Section 708A of the Act) which is required to be disclosed by the Company.
Exercise of Options
- 600,000 at $0.20 per share pursuant to the exercise of director options;
- 40,000 at $0.20 per share pursuant to the exercise of employee options; and
- 250,000 at $0.15 per share pursuant to the exercise of employee options.
An Appendix 3B form (New issue announcement, application for quotation of additional securities and agreement) detailing the issue and Appendix 3Y Change of Directors Interest Notice are attached.
Yours faithfully,
MACMIN SILVER LTD
Garry M. Edwards
Company Secretary
04 September, 2006
MACMIN DRILLS FURTHER SILVER MINERALISATION AT TALLY HO
Macmin has completed an 18 hole Reverse Circulation (RC) drilling programme at the Tally Ho project in Central Queensland over which it has an option to purchase agreement with the current owners. The results from the first 6 holes were released 31 August. Assay results from holes GRRC8, GRRC9, GRRC10 and GRRC11 have now been received.
Highlights of the latest holes are as follows (downhole intercepts):
| GRRC8 |
- |
8m @ 46g/t silver, 0.25% lead, 0.43% zinc |
|
- |
20m @ 292g/t silver, 1.74% zinc and 0.25% copper |
|
- |
4m @ 72g/t silver, 1.2% zinc
|
| GRRC9 |
- |
8m @ 20g/t silver, 1.12% zinc |
|
- |
4m @ 120g/t silver, 2.47% zinc, 0.25% copper
|
| GRRC11 |
- |
10m @ 115g/t silver, 0.14g/t gold, 1.42% zinc |
|
- |
2m @ 195g/t silver, 0.16% copper |
|
- |
6m @ 109g/t silver, 1.36g/t gold, 2.18% zinc, 0.27% copper |
|
- |
8m @ 76g/t silver, 0.17% copper |
Drill hole GRRC8 was drilled in to the breccia ‘pipe' from the east towards Adit 1 and intersected the highest silver values encountered to-date: 20m @ 292g/t silver, 1.74% zinc and 0.25% copper or 502g/t silver equivalent.
Lower grade silver mineralisation was encountered above and below this intercept.
Hole GRRC9 was drilled beneath a breccia ‘pipe' outcrop approximately 150m north east of Adit 1 and encountered a best intercept of 4m at 120g/t silver, 2.47% zinc and 0.25% copper, with lower grades of silver mineralisation above and below the intercept.
Hole GGRC10 was drilled at a steeper angle beneath GRRC9 but terminated as it entered the breccia ‘pipe'.
Hole GRRC11 was drilled midway between the Adit 1 area and the intercept in GRRC9. There was no surface expression of the breccia ‘pipe' above where the drill hole penetrated. Between 70 and 80m downhole, a 10m intercept of 115g/t silver, 0.14g/t gold, 1.42% zinc, 0.33% lead and 0.16% copper was encountered. At 112m downhole, an intercept of 6m at 109g/t silver, 1.36g/t gold, 2.18% zinc and 0.27% copper was located. The hole terminated in an 8m interval of 76g/t silver and 0.17% copper. These intercepts have extended the area over which the silver mineralisation occurs and the intercept recorded in GRRC8 confirms the tenor of values obtained in the historical sampling carried out in Adit No. 1 and Adit No. 2.
Table 1.
|
|
|
|
• Assays
|
*In ground
Value
|
Hole No.
|
From To
(m)
|
Downhole
Interval
(m)
|
Silver
(g/t)
|
Gold
(g/t)
|
Zinc
(%)
|
Copper
(%)
|
Lead
(%)
|
Silver Equiv.
(g/t)
|
GRRC8 |
36-44
56-76
88-92 |
8
20
4 |
46
292
72 |
-
-
- |
0.43
1.74
1.20 |
-
0.25
- |
0.25
-
- |
92
503
191 |
GRRC9 |
100-108
114-116
126-130 |
8
2
4 |
20
39
120 |
-
-
- |
1.12
1.30
2.47 |
-
-
0.25 |
-
-
- |
122
157
398 |
GRRC11 |
60-66
70-80
106-108
112-118
146-154 |
6
10
2
6
8 |
41
115
195
109
76 |
-
0.14
-
1.36
- |
0.12
1.42
-
2.18
- |
0.22
0.16
-
0.27
0.17 |
0.23
0.33
-
-
- |
99
231
195
437
112 |
Notes:
- *The silver equivalent grades are tabulated, as silver is the metal of major economic significance encountered in the drill intercepts. The following metal prices were used in the calculation. Silver AUD$15/oz, copper AUD$4.66/lb, zinc AUD$2.00/lb, lead AUD$0.66/lb, gold AUD$800/oz. Silver equivalent values will change over time as any one or more metal prices change.
- • True widths of the intervals quoted are not listed, as the orientation of the mineralised zone is uncertain.
Drilling and Sample Details
All samples were collected as percussion chips/dust from the reverse circulation drilling rig. Assay samples were collected over 2m intervals through the mineralised zones and over 4m intervals through the visually non-mineralised zones.
As part of the Company's quality control programme, a duplicate sample is collected about every 20 samples and submitted under a different sample number providing a check on repeatability.
Assaying is carried out by ALS Chemex in Brisbane using the ICP technique for silver, copper, lead, zinc, arsenic, antimony, bismuth and molybdenum. Gold is assayed by the ICPMS technique.
Table 2. Co-ordinates (Datum GDA94)
Hole No. |
Easting MGA |
Northing MGA |
RL |
DIP |
AZI MAG |
Depth (m) |
GRRC8 |
688784 |
7632805 |
300 |
-60 |
205 |
154 |
GRRC9 |
688747 |
7632840 |
300 |
-51 |
75 |
154 |
GRRC10 |
688745 |
7632839 |
300 |
-64 |
75 |
150 |
GRRC11 |
688756 |
7632829 |
300 |
-60 |
105 |
154 |
D.M. O'Neill
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Denis O'Neill, who is a Member of The Australasian Institute of Mining and Metallurgy. Denis O'Neill is a full-time employee of the company.
Denis O'Neill has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Denis O'Neill consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
04 September, 2006
CORRECTION TO RELEASE ON TALLY HO OF 30 AUGUST 2006
The text and table of drill results in the above release were correct, however, I wish to advise of an incorrect assay value on a drill cross section which accompanied the release on Tally Ho drill results of 30th August.
A figure “28m @ 77g/t Au” should have read “28m @ 77g/t Ag”.
A cross section with the correct assay interval is attached.
D.M. O’Neill
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Denis O’Neill, who is a Member of The Australasian Institute of Mining and Metallurgy.
Denis O’Neill is a full-time employee of the company. Denis O’Neill has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Denis O’Neill consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

31 August, 2006
MACMIN DRILLS INTO SILVER MINERALISED SYSTEM AT TALLY HO
Macmin has completed an 18 hole Reverse Circulation (RC) drilling programme at the Tally Ho project in Central Queensland over which it has an option to purchase agreement with the current owners. The results of the first six holes have been received.
Highlights are as follows (downhole intercepts):
GRRC1 |
- |
28m @ 77g/t silver, 1.71% zinc, 0.19% copper, 0.49% lead |
|
|
Or 287g/t silver equivalent* |
GRRC3 |
- |
4m @ 170g/t silver, 0.98g/t gold, 1.68% zinc, 0.34% copper, 2.04% lead |
|
|
Or 498g/t silver equivalent* |
|
- |
8m @ 241g/t silver |
GRRC4 |
- |
16m @ 134g/t silver, 1.55% zinc, 0.23% copper |
|
|
Or 325g/t silver equivalent* |
GRRC7 |
- |
20m @ 107g/t silver, 0.6% zinc, 0.22% copper, 1.0% lead |
|
|
Or 238g/t silver equivalent* |
|
|
(includes 2m @ 512g/t silver, 0.17g/t gold, 4.38% zinc, 1.09% copper, 0.91% lead or 1,177g/t silver equivalent*) |
*Silver equivalent values are calculated using metal prices shown in Note 1 of Table 1.
Drill holes GRRC1, GRRC2, GRRC3, GRRC4 and GRRC7 intersected a brecciated altered granite as a ‘pipe-like' body, cemented by open-spaced quartz veining containing vugs and clots of sulphides. The ‘apparent' width of the breccia is approximately 13m in Adit 1 and drilling beneath the adit indicates a 15-20m apparent width over the 80 vertical metres drilled thus far (Figure 1). The size, shape and depth extent of this ‘pipe-like' zone will require further drilling to delineate.
Hole GRRC 2 drilled into a shaft at 21m and was abandoned and not sampled.
Hole GRRC7 was drilled from the Adit 1 entrance towards Adit 2 and intersected the breccia above Adit 2. Holes GRRC5 and GRRC6 failed to intersect the breccia beneath Adit 2.
Silver mineralisation appears confined to the breccia unit and is dispersed throughout, from low grade values (10g/t) to high grade (535g/t). Two different silver mineralisation styles are present in hole GRRC3 with a silver plus base metal zone in the upper part of the hole (26-30m; 4m @ 170g/t silver, 0.98g/t gold, 1.68% zinc, 0.3% copper and 2.04% lead) and a silver only zone lower in the hole (70-78m; 8m @ 241g/t silver). The upper zone is part of a 32m downhole intercept of 65g/t silver and 0.24g/t gold.
Drill hole assays are set out in Table 1 and drill hole data in Table 2. Figure 1 presents a diagrammatic cross-section of the drilling below Adit 1.
Considering that no previous drilling has been undertaken on the project, we are highly encouraged by the tenor of silver values plus base metal credits intersected in these first holes. The fact that the breccia is present at surface and extends to undetermined depths certainly makes the breccia ‘pipe' an attractive target to evaluate.
A comprehensive report on this programme will be compiled once all assay results have been received and evaluated.
Photo 1. Breccia ‘pipe' in Adit 1

Figure 1.

Table 1.

Notes:
- *The silver equivalent grades are tabulated, as silver is the metal of major economic significance encountered in the drill intercepts. The following metal prices were used in the calculation. Silver AUD$15/oz, copper AUD$4.66/lb, zinc AUD$2.00/lb, lead AUD$0.66/lb, gold AUD$800/oz. Silver equivalent values will change over time as any one or more metal prices change.
- • True widths of the intervals quoted are not listed, as the orientation of the mineralised zone is uncertain.
Drilling and Sampling Details
All samples were collected as percussion chips/dust from the reverse circulation drilling rig. Assay samples were collected over 2m intervals through the mineralised zones and over 4m intervals through the visually non-mineralised zones.
As part of the Company’s quality control programme, a duplicate sample is collected about every 20 samples and submitted under a different sample number providing a check on repeatability.
Assaying is carried out by ALS Chemex in Brisbane using the ICP technique for silver, copper, lead, zinc, arsenic, antimony, bismuth and molybdenum. Gold is assayed by the ICPMS technique
Table 2. Co-ordinates (Datum GDA94)

D.M. O’Neill
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Denis O’Neill, who is a Member of The Australasian Institute of Mining and Metallurgy.
Denis O’Neill is a full-time employee of the company. Denis O’Neill has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Denis O’Neill consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
31 August, 2006
TWIN HILLS SILVER MINE - UPDATE
SENIOR MINE EXECUTIVE APPOINTMENTS
Macmin is pleased to announce the appointment of Mr Bill Guthrie to the position of General Manager - Operations, responsible for the management of the Twin Hills Silver Mine. Bill held a number of senior management positions including Process Manager and Research Manager within Queensland Magnesia, based at Rockhampton, over a 15 year period from 1990 to 2005. The appointment is effective from 21 August 2006.
Mr Norman Davidson has accepted the position of Senior Mining Engineer with responsibility for the oversight of mining services at both Twin Hills and associate company, New Guinea Gold's Mt Sinivit gold project (PNG), currently under construction. Norman has over 35 years' experience, having worked in Indonesia, Papua New Guinea, Australia and more recently (since 1990) as a Consulting Mining Engineer in New Zealand and Canada.
These appointments broaden the management skills base of the Company as it moves towards a more production based focus.
CONSTRUCTION / COMMISSIONING ACTIVITIES
- A total of 403 drill holes to an average depth of 26m were completed on the grade control drilling to the end of July. These holes were in addition to the close-spaced drilling carried out prior to the grade control programme, and have now completed coverage on a 6 x 6m block basis to the 490 level within an area of 250 x 150m over the initial pit area. The programme was successful in providing geological data for mine planning purposes and has supported the block model of the Twin Hills orebody.
- The final equipment supplied by Mearns Environmental Contracting required for the mining fleet arrived on-site in mid-August and now includes:
- 3 Caterpillar 773B rear dump trucks
- 1 Komatsu PC1000 excavator
- 1 D9 dozer
- 1 grader
- 1 roller
In addition, Macmin owns the following equipment on-site:
- 1 water truck
- 1 PC300 excavator
- 1 WA470 loader
- plus ancillary maintenance vehicles
- The Company is now preparing to commence mining at Twin Hills i.e. drill and blasting waste and ore; digging and trucking waste to the waste dump and trucking ore to the crushing circuit in readiness for heap building.
- Low grade ore is currently being crushed, using the mobile crushing equipment, and laid as the drainage layer prior to heap construction.
- Commissioning of the fixed crushing circuit, including agglomerator and overland conveyors, is scheduled for the first week in September.
- Work is continuing on the storm containment dam.
As part of the process for Macmin to be granted the Twin Hills Mining Lease in 2001, an Environmental Management Overview Strategy (EMOS) document was compiled detailing all development and mining related environmental aspects of the project. The statutory reporting body in 2000 was the Department of Natural Resources and Mines which granted the Mining Lease and approved the EMOS.
In 2001 the EPA took over responsibility for all mining environmental issues under a new Environmental Protection Act and issued the Company with a "Transitional Authority", which allowed us to continue activities on the Mining Lease under the previous EMOS conditions while conditions for an Environmental Authority (EA) were determined. Now that draft conditions for the EA are being finalised by the EPA, ongoing requests for additional engineering related input into site activities, never foreseen in the original EMOS document, could continue to affect the mine production schedule. This is in part due to time constraints in consulting and engineering availability in the current resources economic upturn. However, the schedule as per the last quarterly report is still targeted by the Company.
It should be noted that at a recent on-site meeting with officers of the EPA it was agreed that there were no fundamental environmental impediments to the advancement of the Twin Hills mining operation.
The Company will now prepare regular monthly updates to shareholders and investors on all aspects affecting the mine start-up timeframe.
D.M. O'Neill
MANAGING DIRECTOR
This report is based on & accurately reflects information compiled by a competent person as defined in Appendix 5A of the ASX Listing Rules
14 August, 2006
ALLOTMENT OF SECURITIES
The Directors advise that a total of 8,525,000 unlisted options, exercisable at 45 cents on or before 14 August 2011 were today issued to 49 staff members. The options have been issued in accordance with the Macmin Silver Ltd Employee Incentive Option Scheme.
An Appendix 3B form (New issue announcement, application for quotation of additional securities and agreement) detailing the issue is attached.
Yours faithfully,
MACMIN SILVER LTD
Garry M. Edwards
Company Secretary
14 August, 2006
ALLOTMENT OF SECURITIES
In accordance with Listing Rule 3.10.5 I have been instructed by the Board of Directors of Macmin Silver Ltd to advise that the Company has issued a total of 300,000 fully paid ordinary shares (200,000 at $0.15 and 100,000 at $0.20 per share) pursuant to the exercise of employee options.
An Appendix 3B form (New issue announcement, application for quotation of additional securities and agreement) detailing the issue is attached.
Yours faithfully,
MACMIN SILVER LTD
Garry M. Edwards
Company Secretary
04 August, 2006
MACMIN COMMENCES DRILLING AT TALLY HO SILVER PROJECT
Macmin commenced drilling today at the Tally Ho Silver Project in Central Queensland. A contract for 3,000 metres of Reverse Circulation (RC) drilling was let to United Drilling Services Pty Ltd, Gympie.
Macmin has entered an Option to Purchase Agreement (dated 9th May 2006) with the holders (Fayworth Pty Ltd and N F Stuart) of the tenements at Tally Ho, which will allow Macmin to exclusively evaluate for the project for a twelve month period.
The Tally Ho workings consist of two short adits, a shaft and further afield, numerous shallow pits and trenches. The mine area was discovered around the turn of the century and selectively mined in a very small way from then until about 1915. The current mining leases have been privately held since 1974 and there has been no systematic surface exploration activity for silver, and no drilling has ever been carried out.
The tenement holders believe that the most comprehensive report on the property is that of Blanchard (Chief Geologist MIM, 1937), who examined and mapped some of the ‘greisen' ('dogstooth' quartz vein) outcrops in the area and carried out detailed channel sampling of the mineralisation along the 1.8m level (i.e. Adit No. 1), the 14.2m level (i.e. Adit No. 2) and the 19.4m level. Blanchard's best results came from Adit No. 2 where he recorded 13.1m at 273g/t silver, 2.69% zinc, 2.6% lead and 0.68% copper (refer ASX Release of 9th May 2006).
Macmin drilling programme will test below the adits where mineralisation is known to be present and will also target other identified outcrops of ‘dogtooth quartz' breccia.
D.M. O'Neill
MANAGING DIRECTOR
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Denis O'Neill, who is a Member of The Australasian Institute of Mining and Metallurgy. Denis O'Neill is a full-time employee of the company.
Denis O'Neill has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Denis O'Neill consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
19 June, 2006
Change of Share Register Address Notification
Please be advised that effective start of business Monday, 19 June 2006, the Brisbane street address of our share registrar – Link Market Services Limited (Link) – is changing as follows:
| To |
Level 12
300 Queen Street
BRISBANE QLD 4000 |
|
| From |
Level 22
300 Queen Street
BRISBANE QLD 4000 |
|
The associated postal address, facsimile number, investor telephone numbers, as well as Internet details remain unchanged.
Lodgement of documentation by member organisations, securityholders, and other interested parties must be made at the new address from Monday, 19 June 2006.
Should you have any questions regarding the change of details, please direct them to Diane Patruno, Communications Manager at Link on 02 8280 7965.
Yours sincerely,
Garry Edwards
Company Secretary
13 June, 2006
PRICE QUERY
Please find below a response to the questions in your letter of today's date.
- Q. Is the Company aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company?
A. No.
- Q. If the answer to question 1 is yes, can an announcement be made immediately? If not, why not and when is it expected that an announcement will be made?
A. N/A
- Q. Is there any other explanation that the Company may have for the price change and increase in volume in the securities of the Company?
A. The recent pull-back in precious metal prices from a very strong run-up in the March/April period may be a factor contributing to the fall in the Company's share price.
- Q. Please confirm that the Company is in compliance with the listing rules and, in particular, listing rule 3.1.
A. Macmin Silver Ltd takes a very serious approach to it obligations under the disclosure requirements and we confirm that the Company is in compliance with the listing rules and, in particular, listing rule 3.1.
Yours faithfully
Denis O'Neill
Managing Director
09 June, 2006
NEW GUINEA GOLD CORPORATION REPORTS HIGH GRADE GOLD RESULTS AT IMWAUNA PROJECT, PNG
New Guinea Gold Corporation, in which Macmin Silver Ltd holds 17.8 million shares, or approx. 18% equity interest, has reported high grade gold results at its Imwauna project in Papua New Guinea. A copy of the NGG release is attached.
Yours faithfully
MACMIN SILVER LTD
D.M. O’Neill
MANAGING DIRECTOR
This report is based on & accurately reflects information compiled by a competent person as defined in Appendix 5A of the ASX Listing Rules


08 June, 2006
AUDIO BROADCAST – EUROPEAN INVESTOR ROADSHOW UPDATE
Macmin Silver Ltd wishes to advise that an audio broadcast will be conducted with Denis O’Neill, Managing Director, who will be discussing the activities of Macmin Silver Ltd. The Company’s activities are also currently being presented on a European Investor Roadshow by the Chairman, Mr Bob McNeil.
The broadcast will be available at “www.boardroomradio.com” at 11.00 a.m. E.S.T. on Friday, 9th June 2006 and a copy of the slideshow which accompanies the broadcast is attached.
Yours faithfully
MACMIN SILVER LTD
Garry M. Edwards
Company Secretary
05 June, 2006
TWIN HILLS SIL