Midas Resources Limited announced that Dr. Derek Fisher has been appointed as a non-executive Director of the company.

The Directors of Midas Resources Ltd. announced that Non Executive Director Mr. Terry Streeter has resigned from the Board. Mr. Streeter has been a long standing Director of Midas and has provided considerable support for the Company and the Directors have regrettably accepted Mr. Streeter's resignation and wish him all the best in his future endeavours.

Midas Resources Ltd. reported condensed consolidated earnings results for the six months ended December 31, 2012. For the period, result from operating activities was negative of AUD 948,376 against AUD 597,270 a year ago. Loss before tax was AUD 941,229 against AUD 589,384 a year ago. Loss for the period attributable to owners of the company was AUD 941,607 or 0.19 cents per basic and diluted share against AUD 589,384 or 0.15 cents per basic and diluted share a year ago. Net cash used in operating activities was AUD 449,153 against AUD 585,513 a year ago. Payments for purchase of plant and equipment was AUD 590 against AUD 815 a year ago. Exploration and evaluation expenditure was AUD 733,272 against AUD 422,300 a year ago.