Asia Business News | Sunday, July 20, 2008
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Midas Resources Limited ASX: MDS - Exploration Update - Mr Geoff Balfe, MD



About MIDAS RESOURCES LIMITED

Midas Resources Limited ("Midas") is an ASX listed resource exploration company based in Perth Western Australia (ASX:MDS/MDSOA). Midas has a significant gold project at Lake Carey in Western Australia and a porphyry copper-molybdenum project at Waitara in Queensland. Active drilling programs are planned for both of these projects in 2008. The Company is also actively pursuing advanced gold, nickel and base metal acquisition opportunities in Australia and China. Midas has an established corporate office in Shenzhen and a regional office near Chengdu in Sichuan Province where the Company has an exploration joint venture with Geological Brigade 405.

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