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MacMillan Reports 16.092 G/T Gold, 119.1 G/T Silver, 2.05% Copper, and 4.75% Zinc

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October 15, 2012

MacMillan Reports 16.092 G/T Gold, 119.1 G/T Silver, 2.05% Copper, and 4.75% Zinc Across A 0.35 Metre Drill Intercept Width From The La Azurita Target At The Las Cucharas Gold And Silver Project In Mexico

TORONTO, CANADA – October 15, 2012 – Mr. George A. Brown, President of MacMillan Minerals Inc., (TSX-V:MMX) is pleased to announce additional results from the diamond drilling, trenching, and sampling programs at the Las Cucharas Gold and Silver Project in Mexico. Mr. William Hamilton, P. Geo., Manager of Exploration, is a Qualified Person under the meaning of National Instrument 43-101 and is responsible for all technical information contained in this news release.

The Las Cucharas Gold and Silver Project is currently comprised of 13 titled claims covering 3,643 hectares situated in the northern part of Nayarit State in Mexico. Additional information regarding the Las Cucharas Project is available in a Technical Report dated February 27, 2012 by R.A. Lunceford, M.Sc. CPG, titled “Geological Report and Summary of Field Examination, Las Cucharas Project” as filed on SEDAR on March 29, 2012. The Las Cucharas Project covers a series of generally northwest trending vein structures which occur mianly within a six kilometre long by two kilometre wide mineralized corridor (see attached Figure 1 – Map of the Las Cucharas Project).

The diamond drill program consisted of three holes on the La Raizura Target (see news release dated September 27, 2012 titled “MacMillan La Raizura Drilling Reports Grades Of Up To 4.138 g/t Gold And 159.0 g/t Silver Over A 3.15 Metre Intercept”, two drill holes on the El Molino Target, and one drill hole on the La Azurita Target. The drilling was completed under contract with Alamo Drilling S.A. de C.V. under the supervision of Company geologists.

MacMillan Minerals News Release 10 15 2012.