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Distributed: May 3, 2007

Midas Resources Limited ASX: MDS - Drilling Commences at Intrepid Target - Mr Geoff Balfe, MD

Sydney, May 3, 2007 (ABN Newswire) - Midas Resources Limited (ASX: MDS) - Drilling Commences at Intrepid Target - Mr Geoff Balfe, MD; Boardroomradio is pleased to announce that Midas Resources Limited (ASX: MDS) has published an audio file. The following presentation "Drilling Commences at Intrepid Target" is now available as an instant audio download to your computer. You may also transfer this information to your listening device as an IPod podcast.

The BRR service is based on streaming audio sent in compressed form over the internet and displayed as it arrives. You do not have to wait for the whole file to be downloaded before you can hear it, instead the media is sent in a continuous stream and is played immediately as it reaches your computer. Please note that during live broadcasts there can be a delay of approximately 1-2 minutes, depending on traffic through your Internet Service Provider.

Broadcaster: Midas Resources Limited (ASX: MDS)

Broadcast Title: Drilling Commences at Intrepid Target

Broadcast Type: Audio stream

View the Audio stream for Midas Resources Limited (ASX: MDS) below.

http://www.brr.com.au/event/MDS/995/22836/wmp/221.242.254.150/?

PodCast Link:

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Sydney-based Boardroomradio (BRR) is an Investor Relations multi-media portal delivering audio webcasts to the investment community, including brokers, fund managers, analysts, and private investors.

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.