Holding(s) in Company

Mercator Gold PLC
17 April 2007



                       Mercator Gold plc (the 'Company')

                             Holding in the Company


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

The Company has been notified that Clients of SVM Asset Management Ltd have an 
interest in 3,477,143 shares in the Company, representing 5.74 per cent of the
issued share capital of the Company.


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
Oliver Winters


AIM: MCR

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