7th April 2006 Australian Stock Exchange Limited Company Announcements Office MACMIN PURCHASES DRILL RIG Macmin has finalised the purchase of a truck-mounted drilling rig (Investigator Mark IV) which has percussion and diamond drilling capabilities. The rig, purchased from Roger Hall Drilling Pty Ltd, has been the mainstay of our drilling effort around the Twin Hills silver deposit and Texas silver project over the last ten years. Roger Hall, currently training a company employee as a driller, will maintain an association with Macmin Silver Ltd as a drilling consultant. During 2006, the rig has been carrying out grade control drilling over the Twin Hills silver deposit prior to mining. Once this programme is completed, it will be utilised on further resource definition drilling at Twin Hills and on other areas within the Texas project. ------------------------------------------- An update on construction progress at the Twin Hills Silver Mine will be included in the Quarterly Report to the ASX due by end of April, 2006. D.M. O’Neill MANAGING DIRECTOR |