Ovoca Subsidiary Norplat Raises £600,000 Through

Ovoca Resources plc
                  

               Ovoca Gold plc ('Ovoca' or the 'Company')

   OVOCA SUBSIDIARY NORPLAT RAISES £600,000 THROUGH WARRANT-EXERCISE

Ovoca Gold Plc (OVG.L, London; OVX.IE, Dublin) announces that on 31 December
2005, its then 78%-owned subsidiary, Norplat Limited ("Norplat"), raised
£600,000 through the issue of 10 million new ordinary Norplat shares which were
created as a result of the exercise of the 10 million outstanding Norplat
warrants at 6 pence per share each. Following this share-issue, Ovoca's
shareholding in Norplat has been diluted to 64%.

Ovoca retains the right to acquire all the outstanding shares in Norplat which
it does not already own, at the fixed price of 11 new Ovoca shares for every 10
Norplat shares, until 10 May 2007.

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Barrie Oakes -CEO                                      [phone]

Roger Turner - Chairman                                [phone]

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