2006 Announcements
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:

  1. *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.

  2. • 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

NGG Report

Ngg Report1

Ngg Report2

 

 

 


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

NGG Report

NGG Reporta

NGG Reportb

NGG Reportc

NGG Reportd

 

 

 


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:
  1. The Company issued the above shares without disclosure to the placees under Part 6D.2 of the Act.
  2. 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.
  3. 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:

  1. *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.

  2. • 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

Breccia Pipe in Adit 1

Figure 1.

TallyHo Drill Section

Table 1.

TallyHo

Notes:

  1. *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.
  2. • 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)

TallyHo

 

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.

  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 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.

  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

 

 


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

NGG Report

NGG Report

 

 

 


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