Holding(s) in Company

Mercator Gold PLC
17 January 2007




                       Mercator Gold plc (the 'Company')

                             Holding in the Company


London 17 January 2007 - Under sections 198 to 202 of the Companies Act 1985 the
following information falls to be disclosed:

The Company was notified on 17 January 2007 that Cantor Fitzgerald was
interested in a total of 2,750,000 Ordinary Shares in the Company representing
5.12% of the current issued capital of the Company totalling 53,680,144 shares.


For further information please contact:

Mercator Gold plc
Patrick Harford, Managing Director         Tel: [phone]

Email: [e-mail]
Website: www.mercatorgold.com

Bankside Consultants Ltd                   Tel: [phone]
Simon Rothschild
Keith Irons


AIM: MCR




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