Drilling Report

Persian Gold PLC 06 December 2005 Operational Update - encouraging gold results from Iran Persian Gold (AIM: PNG), which is exploring for gold in Northwestern Iran, is pleased to report additional geochemical results from the Zehabad and Ghaleh-Sarhang prospects located within the Company's eight exploration licences. Underground sampling of the Zehabad vein system, a former small zinc-lead producer gave the following gold results from sample points along the vein: 15.7 grams a tonne (g/t), 11.8 g/t, 9.4 g/t, 6.1 g/t, 4.4 g/t, 4.4 g/t, 3.8 g/t 3.7 g /t, 3.3 g/t, and 2.8 g/t. These results confirm the strong gold component to Zehabad which is being targeted for further work. Zehabad represents a gold-rich base metal vein located within a very large volcanic-hosted silica-alunite-clay alteration system. Sample results have also been received from the Ghaleh-Sarhang prospect located six kilometres northwest of Twin Hills near the town of Takestan. Strongly anomalous values up to 300 ppb gold have been returned from the silica-alunite zone along the ridgeline of this prospect. Follow-up work is being planned. Next stage prospecting on the Twin Hills gold-alunite target itself continues with the submission of the work plan for trenching to the government. Upon receipt of approval for this plan, Persian Gold's onsite teams will begin the excavation of trenches across the large one square kilometre zone of anomalous gold mineralization at Twin Hills. The strong gold results from Zehabad, Twin Hills and Ghaleh-Sarhang are particularly encouraging as gold has recently surpassed the $500 per ounce level and investment interest in gold continues to surge. Chairman John Teeling stated: 'These are good findings. We have now confirmed the earlier good results of our first stage exploration. We anticipated the strong results in Zehabad and have been pleasantly surprised by the findings at Ghaleh-Sarhang. We have a lot of work to do not only on these prospects but also on other areas within our licences where strong geological alteration is in evidence.' For further information please contact: Persian Gold PLC John Teeling, Chairman + 353 87 258 1178 Jack Teeling, Director + 353 1 833 2833 Bell Pottinger Corporate & Financial + 44 20 7861 3232 Nick Lambert This information is provided by RNS The company news service from the London Stock Exchange
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