Interim Results

Ovoca Resources PLC
31 December 2004

                                                             Ovoca Resources PLC
                                                                     York House,
                                                           Rear 176 Rathgar Road
                                                                        Dublin 6
                                                     Phone Intl + 353 1 491 2944
                                                     Fax  Intl  + 353 1 491 2948





                              OVOCA RESOURCES PLC
                             INTERIM STATEMENT 2004



Set out below is the unaudited consolidated profit and loss account of Ovoca
Resources plc for the six month period ended 31st August 2004.  The loss for the
six months reflects administration costs incurred during the period in Ireland
and Sweden, and no dividend is being recommended.




CHAIRMAN'S STATEMENT



This year has marked a year of advancement for the company.  Ovoca has refocused
on gold exploration activities in Scandinavia and has made good progress on the
ground.



Ovoca has acquired a number of new licences during the season and have had two
teams of geologists working on the ground during the summer.  In our Krokliden -
Sjoliden concession area we highlighted an extension of the Svartliden anomaly
which contains the mine owned by Dragon Mining of Australia.  We expect the
adjacent Svartliden mine to begin production in early 2005.  Two further new
untested areas of gold in bedrock were identified in Sjoliden.  Environmental
permits are in place for trenching and drilling programmes for 2005.



Further positive indications were found in the Nottjarn concession in quartz
veins with values of 12.8 g/t gold, 26 g/t silver and 1.1 % copper.  Following
further evaluation we plan to drill this area in 2005.



At the end of the season we acquired two new licence areas, in the Boden area of
Northern Sweden, approximately 200 km north of our current operations.  Initial
bedrock samples in the areas returned maximum values of 6.7 g/t gold and 1.47%
copper.  These new licences increase our concession areas to 28,231 ha. in
Sweden.



On 24 December we were informed by Minmet plc that they had disposed of their
shareholding in Ovoca.  However Ovoca will continue to operate from the Bjorkdal
mine in Sweden and Mr. Jeremy Martin, geologist, will remain on the Board for
the foreseeable future.



With the completion of the 2004 field season, I believe there has been
significant progress on the 'Gold Line' portfolio with three high priority drill
targets identified for the commencement of the 2005 season.



Ovoca is continually looking at other joint venture opportunities and new
projects as part of our stated aim of adding value for our shareholders.





Paul Smithwick
Chairman
30 December 2004







                 Unaudited Consolidated Profit and Loss Account
                for the Six month period ended 31st August 2004


                                                                        6 months to       6 months to 
                                                                            31/8/04           31/8/03                
                                                                               Euro              Euro


Turnover - Continuing Operations                                                  -                 -

Operating Costs                                                                   -                 -
                                                                            _______           _______

Operating Profit - Continuing Operations                                          -                 -

Administration Expenses                                                   (184,927)         (139,224)

Investment Income                                                               346               250
                                                                            _______           _______
LOSS ON ORDINARY ACTIVITIES                                               (184,581)         (138,974)
BEFORE TAXATION

Taxation on Loss on Ordinary Activities                                           -                 -
                                                                            _______           _______
LOSS FOR THE FINANCIAL PERIOD                                             (184,581)         (138,974)
                                                                            =======           =======

Loss per Share
Undiluted                                                                   (0.35c)           (0.37c)
Fully diluted                                                               (0.32c)           (0.35c)
                                                                            =======           =======



For further information contact Mr. John O'Connor, [phone].


Copies of this report are available at the Company's offices at :
York House, Rear 176 Rathgar Road, Dublin 6.



30 December 2003







This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.






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