Holding(s) in Company

Mercator Gold PLC
08 March 2007




                               Mercator Gold plc

                             Holding in the Company


London 8 March 2007 - Under sections 198 to 202 of the Companies Act 1985 the
following information falls to be disclosed:

Mercator Gold plc (the 'Company') was notified on 7 March 2007 that Cantor
Fitzgerald Europe, following a disposal of ordinary shares of 10 pence each in
the Company ('Ordinary Shares') on 6 March 2007, is now interested in 2,130,000
Ordinary Shares, representing 3.97% of the total 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





AIM: MCR






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