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Distributed: Aug 1, 2007

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Sydney, Aug 1, 2007 (ABN Newswire) - Midas Resources Limited (ASX: MDS) - Quarterly and Increased Gold Resources - Mr Geoff Balfe, MD; Midas Resources Limited (ASX: MDS) present the following audio webcast regarding "Quarterly and Increased Gold Resources". You may also download this audio webcast to your computer or portable audio player.

This Audio Cast 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: Quarterly and Increased Gold Resources

Broadcast Type: Audio stream

Audio webcast Link:



Listen to the Audio stream and view the announcement for Midas Resources Limited (ASX: MDS) below.

http://abnnewswire.net/vlnk/3PQZ9KT6


ASX: MDS
MIDAS RESOURCES LIMITED
Level 1 , 282 Rokeby Road
SUBIACO WA 6008
08 9388 2211 Fax 08 9388 2600
http://www.midasresources.com.au/

Midas Resources is a Perth-based minerals exploration company committed to discovering world-class orebodies and creating significant shareholder wealth. The company is listed on the Australian Stock Exchange under 'MDS'. Midas' strategy is targeting big mineralised gold and base metal systems that have significant upside exploration potential. Midas specifically looks for properties where there may be technical or commercial opportunities that have been overlooked by previous explorers. Director: Mr Terry Streeter
Executive Director, Managing Director: Mr Geoff Balfe
Chairman, Director: Mr Don Boyer


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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